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Ep. 1155: Trading Psychology Redux with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
What's the Biggest Change in the Landscape of Trading?
The world has become much less violent in recent, let's say in the last half century. I think we're driven by emotions very much and that does not change a lot. In trading, people always look for some kind of magic. It used to be that if you have a calculator, you can calculate an exponential moving coverage instead of a simple one. Then we got computers, that was a total golden key to success. We had neural networks, we had Elliot Wave, we had GAN. Now of course it's alga trading, but in the end all of that comes to human beings with their emotions.
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