Ep. 271: The S&P 500 Trading System with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 5 September 2014
⏱️ 22 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue The S&P 500 Trading System 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. |
| 0:12.2 | Nobel Prize winners, legendary traders, best-selling authors, and the pros that know what drive us irrational human beings. |
| 0:22.5 | I am your host, Michael Covell, not filtered, raw, honest. |
| 0:28.7 | That's my passion. |
| 0:35.1 | I love that old Sam and Dave song. |
| 0:38.0 | Soothe me, right? |
| 0:39.7 | I think I first heard it in the Blues Brothers film. |
| 0:43.2 | Jake and Elwood going down the street in their car being pulled over by the cops. |
| 0:48.3 | And Soothe Me playing on the 8-track cassette recorder. |
| 0:53.8 | And Soothe Me is where I want to go. |
| 0:58.2 | Right now, there's no doubt about it. |
| 1:02.2 | Soothing is what all-time highs on U.S. equity markets does to people. |
| 1:11.4 | It's soothing. I mean equity markets does to people. It's soothing. |
| 1:13.4 | I mean, it feels damn good when markets that are all-time highs. |
| 1:19.0 | And I'm specifically talking about the stock market. |
| 1:21.1 | It feels nice. |
| 1:25.7 | People feel wealthier. They feel more confident hell guys are better looking |
| 1:32.6 | and girls are more attractive when the stock market is high everything's awesome |
| 1:36.7 | fat girls thin fat guys thin Everything's pretty. Right? So today I want to get a different perspective out there. |
| 1:52.2 | Some people might say, well, it's not a different perspective. Mike, it's the same perspective you |
| 1:56.1 | always give. Oh, I'll try and give a slightly different spin, a slightly different take, a slightly |
| 2:01.8 | different vantage coming from a different angle, from a different point on the mountaintop. |
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