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Ep. 791: Nick Radge Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Conviction

A guy like you walks into the room, it's like instant cognitive dissonance. Instantly like, what does someone do when they've made the wrong bet? The smart person that makes the wrong bet gets the heck out - but that's easier said than done. Being in such a conviction of a position is just the wrong thing to do. I have no conviction to any position. I don't just don't care. It's like water for ducks back. Move on. Next thousand trades. That's what I say.

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