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Michael Covel's Trend Following

Ep. 72: Price Is Easy with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 25 October 2012

⏱️ 27 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Price Is Easy 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. I am your host, Michael Covell,

0:25.2

not filtered, raw, honest. That's my passion. You know, somebody gave me a little bit of

0:37.2

flack the other day on Facebook, and I posted,

0:41.1

I said that this book, The Power of Now by Eckhart Toll, and apparently I'm late to the party,

0:48.9

over three million copies sold, it says here, but the power of now, a guide to spiritual

0:53.1

enlightenment.

0:55.8

And I'm about halfway through this and uh you know somebody gave me a little bit of flack and they said well uh

1:01.5

you know a bunch of spiritual this that whatever and you know i i'm not a part of any group

1:07.9

i'm not any part of any association but to be not any part of any association, but to be a successful

1:12.3

trader, to be a successful entrepreneur, a successful businessman, a person that understands

1:17.6

how to navigate the waters, so to speak, the power of now by Eckhart Toll is a psychological

1:23.6

manifesto for navigating those waters. I don't know what he does for a living. I don't know if he

1:30.2

has a group events. I don't know if he teaches. If he gives powwows where people stand up and

1:36.4

cheer and kiss each other. I have no earthly idea what he does. However, halfway through his book,

1:41.5

I read his words and I'm like, oh, gosh, this sounds like all the

1:44.4

trend following traders that I've been talking to for the last 15 years. This is them.

1:48.2

This is who, this is, he's right. Except, of course, that's not Eckhart Toll's intention.

1:55.4

I would hazard a guess, like many people on this planet, he is not aware of trend following.

2:02.8

So anyways, read the book, The Power of Now by Eckhart Toll.

2:07.0

If you don't want to read it and you want to continue to think that there is some kind of

2:10.5

Covel spiritual hidden Trojan horse that's coming your way that might force you to start

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