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Michael Covel's Trend Following

Ep. 1009: IQ, EQ, Decide, Science with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6730 Ratings

🗓️ 24 September 2021

⏱️ 21 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue IQ, EQ, Decide, Science with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Transcript

Click on a timestamp to play from that location

0:00.0

This is Trend Following Radio, where great thinking comes alive.

0:10.9

Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.

0:21.2

I am your host, Michael Covel, not filtered, raw, honest.

0:27.4

That's my passion.

0:33.3

If you're listening to a podcast and you want topical information, meaning somebody to tell you what to do today, buy this stock, sell this stock, do this on September 1st, do this on January 1st.

0:56.4

Some kind of bullshit like that.

1:00.2

If that's what you want, you won't find that here.

1:02.9

That kind of thinking will get you nowhere.

1:04.4

You will fail.

1:07.4

You will lose money and you will tread water.

1:15.0

What I like to do on my podcast is timeless. I want timeless content.

1:23.6

Today, I'm giving you four chapters from my book Trend Commandments. The chapter titles are IQ versus EQ, commitment, decide now, and science.

1:32.8

I will guarantee you that if you are struggling right now, or if you're not struggling,

1:37.3

if you adopt the mindset, the wisdom about to follow, you'll do better. Because guess what? Us humans, we're not special.

1:49.7

We've been around for a long time. And, you know, people a long time ago figured us out.

1:55.3

We're animals. We're dogs, man. And we're predictable. Up and down, get rich, quick, lose it all.

2:03.3

That's what we're all about.

2:05.1

Today, these four chapters, timeless, reminders.

2:09.7

And if you can apply this wisdom, damn it, I guarantee you, you'll have a better life.

2:16.6

One quick caveat. As you listen to each of these four

2:20.0

chapters, at the very beginning, there's a quote that's read. That's the quote that starts each

2:25.5

chapter. It sounds a little confusing at first, but it's not. The quotes are brief, but I just

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