I have a lot of respect for Covel and his work but this is a bit of a wild price to pay.
Abraham Trading Company is a huge success story and Covel quizzed Salem Abraham on a few issues when he toured the world filming his movie "Broke". Abraham is interesting to listen to. Some good parts:
- "Good traders don't really care what other people think". He really hammers this point home - the importance in being unique in your thinking, even though it is extremely hard to do.
- Confidence, discipline and determination are what is needed to be successful.
- The importance of sizing positions correctly.
- You need to worry about the 0.3% chance of things going wrong (the tails outside of the 6 standard deviations from the mean).
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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