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Michael Covel's Trend Following

Ep. 462: Axe Capital with Michael Covel on Trend Following

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 27 June 2016

⏱️ 27 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Axe Capital with Michael Covel on Trend Following. 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.

0:24.0

Not filtered, raw, honest.

0:27.3

That's my passion.

0:33.3

Do you need permission to get through your day?

0:36.7

We all need a little permission.

0:38.5

But if you sacrificed your entire soul, your entire ethos to permission, do you beg every day of your life, some asshole for approval?

0:50.9

Is that your walk?

0:52.2

Is that the walk that you do every day?

0:56.5

I want to use two great examples, at least two great examples to me today to illustrate.

1:03.3

Number one, my nephew.

1:05.8

My nephew just finished his 12-year-old baseball season in Little League.

1:11.5

Look, I'm the uncle. Someone's always going to say, you've got a biased opinion. Of course,

1:15.6

that's the way the world works. But my nephew's been a football player for quite a while now,

1:21.4

five, six years. And the videos of him racing up and down the field, beating everybody in 80

1:26.5

yards sprints are quite

1:27.5

impressive.

1:28.9

The kid's a great athlete.

1:30.8

Now, whether that pans out in the future, who the hell knows?

1:35.4

But he just finished his 12-year-old baseball season.

1:38.7

And apparently he did not make the All-Star team, even though he had stats that dwarfed

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