4.6 • 730 Ratings
🗓️ 2 September 2024
⏱️ 42 minutes
🧾️ Download transcript
Please enjoy my monologue Trend Following Logic 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!
Click on a timestamp to play from that location
0:00.0 | You can never, ever get enough trend following philosophy. |
0:06.6 | Maybe you've heard what I'm about to play. |
0:11.4 | Maybe you have not heard it. |
0:14.3 | It's timeless. |
0:16.9 | It will be valid years from now, decades from now, centuries from now. |
0:25.7 | And if it's not valid, civilization has ceased to exist. |
0:32.6 | Capitalism is gone. So-called democracy is gone. |
0:37.2 | Well, quite a few people might argue that democracy is already gone. |
0:42.3 | But if what you're about to listen to has stopped working or will no longer work a year from now, or five years from now, or 10 years from now, or 100 years from now, you're going to have |
0:56.8 | far bigger problems than trend following. Because if what you're about to listen to ceases to work, |
1:04.4 | society ceases, civilization ceases, the markets cease. |
1:14.2 | This is chapter four from my book The Complete Turtle Trader. |
1:21.5 | And it's imperative as you roll into the last four months of 2024 to have your head screwed on right and to know which way the wind is blowing. |
1:28.2 | Because if there was ever a moment, a time where the unexpected might just appear, |
1:38.5 | and might just appear in a way that changes your life, perhaps for the good, perhaps for the bad. |
1:45.3 | But damn it, you have to know this message. |
1:50.4 | So as we roll into September of 2024, enjoy some fantastic wisdom. |
1:57.4 | Music wisdom. |
2:14.7 | Chapter 4. The Philosophy When you have eliminated the impossible, whatever remains, however improbable, must be the |
2:23.1 | truth. Sir Arthur Conan Doyle, Sherlock Holmes |
2:27.3 | Dennis and Eckhart's two weeks of training were heavy with the scientific method, |
2:34.9 | the structural foundation of their trading style, and the foundation on which they had based their arguments |
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