Ep. 891: Inside the Mind of Charles Faulkner with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Reviewing One's Traits
I think the natural human reaction is, oh wow, that track record is one to two percent a month. That's great. But if you ever see a trader that has a track record where they make one or two percent every month, month after month after month, never a down month, I say there you've either got long term capital management on your hands,. Or you have Bernie Madoff who constructed, you know, fake constructed 1 or 2 percent a month and then blew up. Yeah. It's the same till after. And that goes to the idea of the importance of reviewing one's traits not from the stand points of winners or losers, but from like the standpoint he just
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