Ep. 542: Trading Psych Mega Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Sticking to Your Own Rules
There are probably a lot of people out there who are struggling with one form of trading and not realizing, hey, maybe that's not the methodology they should be using. What I think really this personality test does is it makes explicit sort of some implicit things that we know, but don't always recognize or address in our lives. So my dad, it turns out that his C2 score is on the low side. He has a very high intellect and he's very good at developing systems... But when it comes to actually following the rules of his systems and sticking to them, he could not do it.
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Transcript
