
Ep. 750: Eclectic Mega Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Trade Profits Luck or Skill
I think that almost everybody to an individual can recognize it in other fields so when you talk about some others you know a sport if you're a trader you talk about sports they tend to be a little looser when they're coming closer to home. I think what happens is for most of us and and there's a very fundamental reason for this if you perceive that you're in control then your feedback is skill related as a consequence. The paradox of skill says when you think about skill you have to think about on two levels the first is absolute skill right which is just how good you are my tools but second way of thinking about skill is relative Skill has never been higher everywhere you look
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