Ep. 961: Alexander Elder Rewind with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Death Silence
Alex Castellanos: It's wonderful for people to lose money trading because who, you know, when I trade, where are my profits coming from? They're going to come from people who are impulsive and disciplined and ignorant. We need people like that to support the markets. He says if they don't have that, "then there's the death silence"Castellanos: So basically what Alex just said is that when that pause for five seconds, you just died and you're trading world.
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