Ep. 1023: Get Inside Your Mind with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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What's the Key to Trading Success?
When things are close to us in time and space and physicality, than this works. But as you go more into, you know, what's the person's trading approach? What? What map do they have of what's happening out there in the markets? And therefore, how does that inform their trading decisions? Well, then, because of either the shortness of time, which is just subhuman and how fast it is, or, more like the trend follower, the extended length of time, those kinds of natural systems fall apart. That is, they're not as effect unless the person has been careful in how they built their map, or model, if you will.
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