Ep. 702: Las Vegas Roundtrip with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Power of Fucking Robots
Every Wall Street book going back 200 years, especially the ones in the early 1900s, you can just go find their entirely built around the idea of let your profits run and cut your losses. In our modern age of always on internet connected social media, everyone believes they're smarter than that. We are teaching people to be absolutely fucking pathetic robots that just follow orders. Covel: Once you find out what is important, which is cut your freaking losses, let your winners run then focus on that.
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