Ep. 776: Getting Rich The Smart Way with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Be a Successful Trader
Leverage is just a tool. If you know how to use it and be on the right side of it, that asymmetric utilization, why would you not want that? That's like when all the other kids are riding bikes and you're crawling. What's the point? You just have to know how to ride the damn bike. From yourself with specific knowledge, accountability and leverage, let's stay at leverage for a moment. So many people don't want to touch leverage. I see the responses that people write into me, the feedback they give. Can I trade long only? No leverage,. Well you can, but why would you?
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