

Ep. 1306: It's Always Mindset with Michael Covel on Trend Following Radio
8 snips Sep 23, 2024
Michael Covel, an expert in trend following and investment strategies, dives deep into the importance of mindset in trading. He elaborates on mental mapping and the psychological biases that affect decision-making. The impact of social influences on risk perception is discussed, revealing how group behavior shapes trading actions. Covel also emphasizes quality sleep's role in trading performance and critiques the reliance on simplistic market predictions. The conversation invites listeners to embrace a more introspective and strategic approach to investing.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32
Intro
00:00 • 5min
Navigating Mental Models in Trading
05:10 • 20min
The Influence of Socialization on Risk Perception
25:24 • 3min
Understanding Herd Mentality and Leadership Dynamics
28:40 • 2min
Sleep, Trading, and the Motorcycle Metaphor
30:45 • 10min
The Evolution of Information Acquisition
40:35 • 5min
The Impact of Daily Weigh-Ins and Mental Reflection on Success
45:21 • 2min
Navigating Information Overload and Decision-Making
47:48 • 14min
Mindset and Market Behavior
01:01:34 • 21min
Understanding Cognitive Processing: System 1 and System 2 Thinking
01:22:24 • 3min
Redefining Success in Trading
01:25:07 • 17min
Navigating Complexity in Decision-Making
01:42:00 • 8min
The Balance Between Preparedness and Impulsive Action
01:49:36 • 3min
The Reality of Trading: Mindset and Mastery
01:52:56 • 16min
Cultivating a Curious Mindset for Growth
02:09:06 • 19min
Exploring the Myths of Efficient Markets
02:28:07 • 4min
Navigating Predictions and Media Narratives
02:32:28 • 7min
Navigating Information Overload in Trading
02:39:33 • 12min
The Dichotomy of Money and Mindset
02:51:55 • 18min
The Kia Su Mindset in Trading
03:09:26 • 19min
The Psychology of Money
03:27:59 • 6min
The Crucial Role of Mindset in Trading and Entrepreneurship
03:34:01 • 1min
Letting Go: The Emotional Challenge of Decluttering and Growth
03:35:30 • 4min
The Psychology of Money: Beyond the Surface
03:39:05 • 20min
Understanding Financial Skills and Mindsets
03:59:34 • 18min
Beyond Narratives: True Trading Insights
04:17:21 • 17min
Transformative Mindsets in Trading
04:34:38 • 30min
Balancing Goals and Responsibilities
05:04:14 • 24min
Building Rapport in Challenging Relationships
05:28:11 • 2min
Sensory Goals and Personal Fulfillment
05:30:25 • 21min
Mindset and Incremental Change: A Roadmap to Goals
05:51:25 • 22min
Universal Insights for Investing and Entrepreneurship
06:13:08 • 2min