Michael Covel quotes
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“Your trading needs to boil down to rules, money management, and that is it.”
-- Michael Covel -
“Jim Rohrbach sticks to his rules. You can learn from him and win, or ignore him and lose. It's an easy choice. He gives trend following a good name!”
-- Michael Covel -
“Trading is a waiting game. You sit, you wait, and you make a lot of money all at once. Profits come in bunches. The trick when going sideways between home runs is not to lose too much in between.”
-- Michael CovelSource : Michael Covel (2011). “Trend Commandments: Trading for Exceptional Returns”, p.81, FT Press
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“Do not let emotions fluctuate with the up and down of your capital.”
-- Michael Covel -
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Source : A. R. Ammons (1996). “Set in motion: essays, interviews, and dialogues”, Univ of Michigan Pr
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“I need to listen to chill music when I'm driving. It prevents road rage.”
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“Time passes you say, But no! Alas, time is staying and we pass by.”
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“Maybe we should teach schoolchildren probability theory and investment risk management.”
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“In trading/ investing it's not about how much you make, but how much you don't lose”
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“...[We] must stop these swarms of Jews who are trading, bartering and robbing.”
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