Ep. 646: Technicals Matter with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Cognitive Dissonance of Predictive Technical Analysis
The market technicians association has been very kind to me over the years. They've given me the opportunity to write articles that they have sent out to their readers. But I remember back in New York several years ago, speaking to about 600 people, the market technician association. And I asked that group for a show of hands for people that understood trend following. Maybe 10% of the audience raised their hand. That was one of those odd moments for me. Once you make that choice, human beings are fairly predictable. You don't stop. Even if something new shows up that says, hey, man, the path that I just went down with all of this predictive technical analysis, not so wise
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