Ep. 542: Trading Psych Mega Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
Creativity in Trading
Many traders think of it as instinctive, but defining creativity like you've done changes the ball game a little. If I open a hamburger stand that's just like every other hamburger per bear, then how am I going to achieve a significant degree of economic success? You see that in financial markets because many times the herd is looking at the same information and processing it the same way. That's why you see swings in sentiment that often end up being relatively good contrary measures.
Play episode from 20:55
Transcript
