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Michael Covel's Trend Following

Ep. 919: Jump into Trend Following with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 13 November 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Jump into Trend Following 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.

0:33.6

Something a little different today, well, I don't know, not too different.

0:38.3

An excerpt from my recent appearance on the Top Traders Unplugged podcast.

0:44.7

Not the full thing, but I just picked a nice section to give you one of those trend-following

0:50.4

reminders about how I see the world.

0:54.5

I hope you enjoy this selection from Top Traders Unplugged.

1:09.2

I want to start by sharing a story with you, Mike. And I think you know the story to some

1:16.1

extent, but I'm not sure you know the full background because I seem to remember seeing

1:20.3

you tweeting about this. So it might be fun for you to know this. And this is from a friend who

1:25.7

works at a firm that both you and I know very well. And he wrote

1:29.6

me this just last night. And he said a couple of weeks ago, I answered a call that came into our

1:34.2

main telephone line. This was a very nice woman that told me that she was about to retire after

1:39.4

serving 30 years as a Border Patrol agent and her son had been bugging her for months to call us

1:46.3

about investing. We spoke for a long time, but she kept referring to her son and how he wouldn't

1:52.4

stop pressuring her to call us and to get his uncle to read these two books, which she referred to

1:58.6

as The Turtle and The Trend.

2:01.7

Her son sounded like a very smart guy, and so I asked if she could put him on the phone,

2:06.5

and I was surprised when she gave me a hard no.

2:10.2

I accepted her answer, but asked her to tell him that I think he sounds like a really

...

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