Ep. 1107: Jump with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Humbleness in Trading
I sometimes compare trading to medicine. You cannot, now in the 21st century, you cannot know all of medicine. When you go into medicine, you've got to specialize. That's where you aim to become very, very good. And then anything outside of your specialty, you just have to know enough to say, oh, that's not for me and I have a good referral for you. The same thing in trading between fundamental news, between political news, between technical developments,. Between all these tremendous wealth of technical indicators. There is no way to master, never mind master, there isno way to learn everything that is to be learned about the markets. So you have to be
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