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SteadyTrade

Ep 137 - Trend-Following With Michael Covel

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 3 March 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

As frequent listeners know, SteadyTrade co-host Tim Bohen is quite the bookworm. He’s explored just about all of the trading books out there, and he knows the good stuff. Today’s guest Michael Covel writes some of the best books about trading out there. Most notably, he’s the author of “The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires” and “Trend Following, 5th Edition: How to Make a Fortune in Bull, Bear, and Black Swan Markets.” Sound familiar? His work h...

Transcript

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0:00.0

So my podcast has started off as trading only. I still have traders on, but it's branched out.

0:08.4

So I've had six Nobel Prize winners in economics. I've had every psychologist you can

0:13.9

probably find under the sun talking about human behavior. You know, one guy I had on, a guy

0:18.7

named Robert Alman won the Nobel Prize in Game Theory. That's fantastic background. So, you know, one guy I had on, a guy named Robert Amman won the Nobel Prize in Game Theory.

0:21.6

He got his fantastic background.

0:24.3

So, you know, I had an investor on that some people might be familiar with.

0:27.4

He's made himself over a billion bucks.

0:28.7

Guy named Howard Marks.

0:30.4

I think my next guest on Thursday night Eastern is Tom Galasano, and Tom's made himself

0:36.1

$3 billion starting the payroll processing company

0:39.0

paychecks. Oh, nice. So, you know, I'll talk to, you know, I've had Tim Ferriss on, I've had Ryan

0:44.2

Hollywood, Tucker Max, you name it. You're listening to the Steady Trade Podcast.

0:50.8

A podcast that inspires traders to make meaningful strides and pursue their passions.

0:57.1

Your hosts are Tim Bowen, the lead trainer at Stocks to Trade Pro, Kim Ann Curtin, the Wall

1:03.2

Street coach, and Stephen Johnson, the up-and-coming trader who's always willing to learn.

1:08.9

Together, we'll sit down with experts to talk about their process, the lessons they've

1:13.8

learned, and discuss how all traders can level up their trading careers.

1:20.1

Got an amazing guest today, you know, somebody that I greatly respect as a, you know,

1:26.8

as a somebody that's been trading now for, you know, somebody that I greatly respect as a, you know, as a somebody that's been trading now for,

1:29.2

you know, almost 15 years. And also as somebody that, that, you know, I have a hobby, I guess.

1:37.7

I keep trying to be professional, but I have a hobby of writing. And, you know, I look back at our

1:43.8

guest today as somebody that was very instrumental in my early days of getting started.

...

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