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Michael Covel's Trend Following

Ep. 875: Get Your Trend Following On with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 12 June 2020

⏱️ 16 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Get Your Trend Following On 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 Covel, not filtered, raw, honest.

0:27.4

That's my passion.

0:33.5

So I check in on Jerry Parker's Twitter feed every now and again.

0:39.2

Jerry Parker, the most successful turtle. Turtle traitor, that is. Jerry's appeared on this podcast many times.

0:46.4

I am due to invite him again. I should do that soon. But I caught this tweet of his and to quote,

0:53.9

and he's quoting somebody else, but still, Jerry is a very good curator.

0:57.7

So if you want to have that trend following insight perspective, Jerry is very good at curating.

1:05.2

And he's subtle about it.

1:06.7

You kind of got to know what trend following is to fully appreciate Jerry's Twitter feed.

1:12.6

But to quote, it's not an argument about being bullish or bearish, but about not needing to have a market opinion.

1:20.9

Automating your investments frees you from the shackles of worrying about what the market does next.

1:27.9

2020 showed that predicting the future is impossible, end quote.

1:33.4

That simple little comment is the reason I have sold hundreds of thousands of books.

1:39.1

Now, Jerry makes it sound simple, and it is simple if you understand from the perspective from which he writes,

1:46.3

from the perspective from which he is quoting, there's not one fucking person on this planet

1:51.6

that could predict the first six months of 2020.

1:56.8

And anyone that does say that they could.

2:01.5

That's the filter for knowing that that person is full of shit.

2:08.5

I mean, seriously.

2:11.1

Corona.

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