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Ep. 176: Fabian Lim Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Setting a Timeframe for Success

Many of my students were using a specific timeframe as a yardstick to determine whether they are going to be successful in their online business or not. That timeframe ranged from 30 to 90 days, in some cases, six months. Many would simply quit once their timeframe was reached and they had not yet made a breakthrough in their business. And that's where I'm drawing the same metaphor that an individual who must get paid after 30 days will not be able to give up the red rates because this person cannot deal with uncertainty and uncertainty equals risk.

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