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

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

I am your host, Michael Covel.

Not filtered, raw, honest.

That's my passion.

One of the things that I've always loved about my career

is it is really, truly truly a run through the jungle.

A run through the jungle of absolutely conflicting voices, conflicting ideas, and massive confusion amongst investors and traders.

So much confusion.

I used to always think that maybe it would change.

As a whole, people would get wiser about the markets.

They would get wiser about investments in trading.

It just hasn't happened.

And today, I have a great example to illustrate my point. I recently received

a question. He says, I am 21 years of age. I've saved approximately $8,000, and I'm looking

to develop a trading system that could work on Forex or the Indian stock market and make me 3 to 4% return every month with a drawdown

of less than 15%. Is this possible question mark or is this just wishful thinking question

mark? I responded very bluntly. I said wishful thinking.

Anyone that says different is a liar.

Now, just to go over his email again one more time,

because I'm going to read an entire forum exchange that took place on my Facebook that I think is very instructive to see how people think.

Some people think very wisely, very smart, and some people are

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