Ep. 758: The Foundation of Good Trading with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Quiet Thinking
I'm always wanting to get away from myself. Compulsive thinking is a habit, and you really have to stop it if you want to be sane. If I talk all the time, I don't hear what anyone else has to say. And I'll end up in the situation of having nothing to talk about but my own talk. My second monologue, speculation wins. We need some volatility. But that classic song with Ginger Rogers, making fun of the whole money thing, knowing that us human beings are responsible. Because there's ultimately two choices. You can speculate or you can gamble before you can get to a trading strategy.
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