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Michael Covel's Trend Following

Ep. 717: Follow the Opportunity with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6730 Ratings

🗓️ 7 December 2018

⏱️ 20 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Follow the Opportunity 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.

0:10.9

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

0:21.3

I am your host, Michael Covel, not filtered, raw, honest.

0:27.4

That's my passion.

0:33.5

I want to talk about digestion.

0:37.4

Sounds kind of funny. I sound a little dogmatic right out of the gate. I want to talk about digestion. That sounds kind of funny.

0:38.8

I sound a little dogmatic right out of the gate.

0:41.2

I want to talk about digestion.

0:44.0

Because I'm genuinely curious about how people digest information.

0:51.4

How do they take it in, do something with it, come to a conclusion?

0:58.1

It's a really fucked up process if you watch what people do in the modern era. For example,

1:07.4

they go to Twitter, they find the person, perhaps a superstar hedge fund manager,

1:14.4

some famous trader, a guru. This person makes a pronouncement and says, XYZ. And like

1:23.1

Lemmings, the proletariat run in, wave their arms, and say how wonderful that person is.

1:31.5

Now me, I just shake my head.

1:34.3

Not because I'm all that.

1:37.3

Not because you should think that I'm all that.

1:40.3

You should question every damn word I say.

1:43.5

You should rip apart every thought I have and try to

1:47.7

verify the old Reagan and Gorbachev. Trust but verify. That's the objective. That's what you

1:55.8

want to be doing. So when you see that person on social media, whoever they are, some low level character

2:04.0

or some high level character, listen to them, perhaps, perhaps not. But if you are listening,

...

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