4.6 • 730 Ratings
🗓️ 27 January 2025
⏱️ 19 minutes
🧾️ Download transcript
Please enjoy my monologue Negative Error Culture 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 | One negative to spending a lot of time in Asia is that if I go back to America for holidays, |
0:07.3 | like Thanksgiving, Christmas, which I did this year, then you're back in Asia, then it's |
0:14.2 | Lunar New Year. This kind of a lifestyle feels like nonstop holidays. But it is cool to see different cultures |
0:23.2 | and how they celebrate the end of their year, |
0:27.6 | regardless America, Asia, whatever the country. |
0:31.9 | It's always exciting and makes me smile |
0:35.0 | when everyone's so happy and everyone wants to just have fun. |
0:39.9 | So I'm at a pretty good mood today, but I want to share some thoughts, some ideas, some concepts. |
0:47.4 | First, from the podcast host, Patrick Bet David. |
0:52.3 | Just a simple, motivational, inspirational thought. If you work hard when no one is |
0:59.9 | watching, if you treat people fairly when no one is watching, if you constantly find ways to |
1:05.8 | improve, if you've gotten beat up multiple times but you stand up and get back in the ring, |
1:11.5 | if you have faith in God, your time will come. |
1:15.1 | Your time will come. |
1:16.8 | That might be a theme of where I will go today. |
1:21.5 | Because you have to have a certain optimism to live. |
1:26.7 | If you're always pessimistic, if you always think the worst is going to happen, |
1:32.1 | not the best way to go. |
1:34.6 | Now, from a trading perspective, yes, be prepared for your black swans. |
1:40.9 | But you're not living in a bunker. |
1:43.3 | You're living a life and you're ready. You a bunker. You're living a life and you're ready. |
1:46.5 | You're prepared. |
... |
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