
Ep. 492: TurtleTrader Plus Lemmy with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Knowing Your Trading Plan
On the first day of training, William Eckhart outlined five questions that were relevant to what he called an optimal trade. The Turtles had to be able to answer these questions at all times. There was no messing around in Eckhart's tone as he suggested that these were the only things that had any importance. More volatile markets generally carried more risk.
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