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Ep. 109: Richard Russell and Dow Theory with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Patience

I think our tendency is to hope that things will turn out the way we want them to so much of the time. I've worked on this for some 14 years and I think it helped me become a better teacher but it all evolved around that original definition of success. The shining trophies on our shelves can never win tomorrow's game. When we fail to give our best we simply haven't met the test of giving all and saving none until the game is really won. Of dreaming there's a goal ahead of hoping when our dreams are dead, of praying when our hopes have fled yet losing, not afraid to fall. It's bearing down that wins the cap.

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