BlogSeptember 28, 2021Michael Covel

“It was after some time studying trading that I realised that it’s much more complicated than I thought…”

Feedback in:

I am an entrepreneurial fund manager, who has climbed a rocky ride with ups and downs. Had a great start and scaled too fast with some unforeseen stress of not having a sound system + having to deal with getting emotions for trading other people’s money.

My first year or two was not easy, but ended up fantastic with a talent but also some luck in the crypto market. I hit the 2017 run almost perfectly, earning an investor over 1000% in one year. I got over my head to say the least, I thought I was an expert.

It was after some time studying trading that I realised that it’s much more complicated than I thought, without risk management and trying all the wrong stuff; I had to make over 20 different trading-systems over 5 years, until I unknowingly ended up with the trend following. It is thanks to you that I have a definition for it, after reading your book.

Long story short, I have got a big meeting in 3 weeks with an institution that will change my business forever…I figured that you might have some wisdom that I have not yet got the time to discover. It would lead me to a marathon to complete this course in 3 weeks, if possible; I am up for the task!

Best Regards,
Alec

It doesn’t sound like it’s time to be in the fund management business just yet.

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