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Ep. 625: Quick to Condemn and Attack with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Psychological Effects of Cognitive Dissonance

Cognitive dissonance refers to the mental stress and discomfort we feel when presented with arguments or facts, which rip a hole in our notions of reality. It's one of the toughest things in the world to accept that maybe one's view of the world isn't entirely right. To question or bracket them can be as painful as tearing out a portion of our skin. Trend following actually helps you to keep the cognitive dissonance at bay.

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