Ep. 114: Distraction, Day Trading and Singapore with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 4 April 2013
⏱️ 22 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue Distraction, Day Trading and Singapore 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
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| 0:00.0 | This is Trend Following Radio, where great thinking comes alive. |
| 0:12.2 | Nobel Prize winners, legendary traders, best-selling authors, and the pros that know what drive us irrational human beings. |
| 0:22.4 | I am your host, Michael Covell, not filtered, raw, honest. |
| 0:28.7 | That's my passion. |
| 0:36.4 | Coming to you loud and clear from sunny Ho Chi Men City, Vietnam. |
| 0:45.7 | This would be me, Michael Cavell, bringing you an update. |
| 0:52.2 | So I was just in Kuala Lumpur, Malaysia for three weeks, and then I did two days in Singapore |
| 1:00.2 | to catch up, and now I'm in Ho Chi Men City for two weeks. |
| 1:06.5 | Very cool, very cool. |
| 1:08.1 | I'm going to talk about some experiences I had in Singapore and Vietnam. |
| 1:13.1 | So far, just in Vietnam, I've just got here in the last 24 hours. |
| 1:16.8 | But first, I want to share with you a quote. |
| 1:21.5 | It's a quote from Ed Sikoda. For those that are not familiar with Ed, |
| 1:25.9 | he was originally featured in the Market Wizards book by Jack Schwweger, and he was featured in my book, Trend Following. |
| 1:32.9 | And Ed has an exceptional ability to take complicated thoughts and reduce them down to a few words. |
| 1:47.0 | And those words he reduces the complicated thought down have the unique ability if you are |
| 1:54.0 | paying attention and if you really want to see it. They have the unique ability to almost |
| 1:59.0 | hold a mirror up to you. |
| 2:01.6 | So if you have excuses and life about whatever issue you might be dealing with, |
| 2:06.6 | sometimes Ed has this unique ability to construct a sentence to when you read it, |
| 2:14.6 | especially if it's a sentence regarding an issue that you might be having trouble with, |
| 2:19.7 | it's like a mirror. |
... |
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