Ep. 488: Never Forget the Lessons with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6 • 730 Ratings

🗓️ 26 September 2016

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Please enjoy my monologue Never Forget the Lessons with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

---

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.
0:21.1	I am your host, Michael Covel.
0:24.0	Not filtered, raw, honest.
0:27.4	That's my passion.
0:33.3	Now, not every one of my episodes are related to investments, but a few are.
0:39.6	Today's is.
0:41.9	Today's podcast is most definitely related to investments related to trading.
0:47.2	I'm going to read some of my favorite lines today.
0:51.2	Lines, quotes, paragraphs, all attributed to one man, circa 1920s, 1930s, somewhere in there.
1:01.0	Now, he was surely influenced by traders that came and the centuries before him, but what I'm
1:06.9	going to read today is his work, his thinking.
1:18.0	Remember that stocks are never too high for you to begin buying or too low to begin selling.
1:21.6	Seems so easy, right?
1:25.5	Stocks are never too high for you to begin buying.
1:26.9	Why is that? You have a stop in place. You can't predict.
1:33.7	So you need to get in and know when you're going to get out. That will become more clear over the
1:40.8	course of this episode, I'm sure.
1:46.5	Losing money is the least of my troubles.
1:49.8	A loss never bothers me after I take it.
1:55.8	But being wrong, not taking the loss, that is what does the damage to the pocketbook and to the soul.
1:57.5	Dead on.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Michael Covel, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Michael Covel and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.