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Ep. 597: Moritz Czubatinski Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Education in Trading

I had zero education and finance. I studied philosophy actually. Educational psychology. What I thought, what was very appealing to me about trading was that in poker, when you move up the levels, then the risk increases and the skill level of your enemies or villains increases as well. But in trading, no matter how big you trade, at that time I thought it doesn't matter because the game always stays the same.

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