“If I get into crude oil trade … it drops by 50% … I can’t wait a week… That can’t be… We are very responsive… we adjust our positions moment-to-moment.”

Michael Covel's Trend Following · Ep. 1410: Trend Following via Canada with Michael Covel on Trend Following Radio

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What was described

adjust positions moment-to-moment each day rather than waiting a week, to stay within a 1:3 risk-to-reward allocation

risk 1 to make 3

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