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Ep. 292: Christopher Cruden Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Humility in the Stock Market

Markets don't exist to make you rich. They're here to teach you humility, and that's what they do better than anything else I've ever experienced. We trade once a day at London 1 p.m., and after we make those trades, we're done for the day. At this place, it's like a graveyard. We don't allow anybody to watch screens. After periods such as this, we forget that markets halved. Why markets are doubled? Let's talk about, wait, they're like a bad trade after you do it. So you tell me you're actually good trades. One of the parts that's missing from the conversations is you're bad trades

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