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Michael Covel's Trend Following

Ep. 726: The Self-Aware Path to Success with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6730 Ratings

🗓️ 7 January 2019

⏱️ 30 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue The Self-Aware Path to Success 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.

0:21.2

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

0:27.4

That's my passion.

0:33.3

I want to welcome everyone into 2019.

0:37.7

I hope to continue on this podcast journey, health willing, sanity willing, that I don't go crazy or something like that.

0:47.7

I don't think that will happen, though.

0:49.5

I enjoy this too much.

0:50.9

I enjoy the process of communication, passing along insights, doing interviews.

0:57.3

It's quite fun. You should all try it. Now you might say to yourself, I have no experience in that.

1:02.0

Well, guess what? I didn't have any fucking experience either. You just start. You just do it.

1:08.1

Now, before I get into where I want to roll today, I have some distinct market views, so to speak.

1:14.4

Not market views like some of you might think, but market process views.

1:19.9

Always a little bit different here on the trend following podcast.

1:23.4

But before I get into that, I want to offer a little PSA, something that I may or may not have said on this podcast before.

1:31.6

But I sent some Christmas money because I was not in the same area to my niece and two nephews, all teenagers.

1:38.2

And then I dropped the three of them a text, a group text.

1:41.1

And I said, hey, don't use the money to buy drugs or tequila one of my nephews said well that's

1:47.9

nice advice thank you and then I followed up with I said look maybe you wake up the next day and this is

1:54.4

if you're drinking if you're out getting drunk and all that kind of stuff I said look maybe you wake up

1:57.9

the next day and there's a baby or your underwear is in a tree or you are in jail naked, avoid booze, end quote, Michael Cavell.

2:07.6

You can actually quote me on that.

...

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