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Ep. 961: Alexander Elder Rewind with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Hate to Lose Thing

When did this hate to lose thing start? I assume when you were a kid. It came, it came a bit later. A turning point for me came strangely enough about a year after I came to the United States. There was nobody to support me and that was a very, very useful discovery. If I do not function, there is nothing between me and their business. I can go down as low as possible. You know, you just mentioned you said you hate to lose your stubborn, but that's kind of like an aspirational drive, big picture drive. But when it comes to your trading, for example, if your stop has been hit, you're not about hating to

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