Ep. 953: Trend Following Mailbag with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 12 March 2021
⏱️ 27 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue Trend Following Mailbag 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, a little bit of my mail bag, so to speak, I get a lot of emails. |
| 0:42.7 | And I love it. |
| 0:43.7 | I love to get the feedback. |
| 0:44.9 | I'm talking mostly trend following stuff. |
| 0:48.3 | And people often, and I ask for this, they tell me their challenges in trading. And I got to tell you, this is the |
| 0:59.2 | biggest eye-opener. Most people, even if they've read, for example, my books like trend |
| 1:07.4 | following or the complete turtle trader, clearly don't understand trend following, |
| 1:13.8 | which is a little bit of a head scratcher for me. |
| 1:16.9 | I like to think that what I write is clear, |
| 1:20.5 | and for many people it is, clearly, |
| 1:22.9 | but for some people they just don't get it. |
| 1:25.7 | So I want to share some emails with you today of people that want to get it, maybe even |
| 1:32.1 | think they get it in some cases, but don't get it. |
| 1:36.3 | So this one guy says his challenge is the mindset of a gambler, not following his rules, |
| 1:41.9 | buying on the drop, discipline. |
| 1:44.4 | He says that he has read Turtle Trader many times, considers it one of his sacred |
| 1:48.9 | Bibles. |
| 1:50.1 | It says he has adjusted some of the rules to his liking using Ichimoku trading strategies. |
... |
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