20min chapter

Michael Covel's Trend Following cover image

Ep. 1306: It's Always Mindset with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

Navigating Mental Models in Trading

This chapter explores the complexities of mental mapping in trading, highlighting the need for traders to adapt their perceptions of market realities over time. It emphasizes the importance of being fully present in decision-making, while addressing the psychological biases that can lead to misguided trading choices. Additionally, it discusses the intricate relationship between risk perception and trading performance, urging listeners to develop a deeper understanding of investment strategies.

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