Ep. 758: The Foundation of Good Trading with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of a Good Guess
We always try to guess the most likely explanation keeping in the back of the mind that if it doesn't work then we must discuss the other possibilities. With this method we can disprove any definite theories. You can always prove any definite theory wrong. Notice however we never prove it right. So we never are right we can only be sure we're wrong. However it's rather remarkable that we can last so long I mean perhaps some idea which will last so long.
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