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Hello Michael,
Firstly, let me introduce that I am a CANSLIM follower–which is a trend following system.
I think psychology is the biggest challenge I have faced. Last year I doubled my capital in a beautiful rally market. That is not bad for a beginner like me. Then I increased leverage. That may be a big mistake for me.
I hope to study more as I think the stock market is the right place for me if I can manage my psychology.
Best regards,
[Name]
It’s system + psychology.
It’s both. Together.
Learn the rules behind trend following, and the systems to apply them.
See the coursesMore from Michael Covel: Books · Podcast · Trend Following course