Ep. 239: Brett Steenbarger Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Common Characteristics of Successful Traders
There are important skill differences between the short-term trader and the longer-term market participant. Successful traders have this emotionally steady stable makeup or they find some mechanisms to provide them with a high degree of conscientiousness so that they can be very detail oriented and responsible. If they don't have their feet on the ground, if they aren't grounded in a state where they are relatively steady emotionally and relatively reliable in their performance, they often don't follow whatever talents or skills they may have with consistency. But we most often find that the successful money managers are trading in a fashion that is consistent with their personality strengths. They have some area strength that they find a way to manifest to express through
