2min chapter

Michael Covel's Trend Following cover image

Ep. 1155: Trading Psychology Redux with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

How to Manage Overconfidence in a Trading Life

Most Americans that have their typical retirement account are slammed into a passive index fund. But for people who are willing to put in the work, I think therein lies the opportunity for a rich life and a richly rewarding trading life as well. There is no particular personality type that if one wants to go down this path of thinking and rules or kind of pushing discretion out of the toolbox, there's no personality type is there?

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