Michael Covel's Trend Following Ep. 542: Trading Psych Mega Episode with Michael Covel on Trend Following Radio
Apr 3, 2017
Chapters
Transcript
Episode notes
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Introduction
00:00 • 5min
The Importance of Process in Trading
04:49 • 3min
The Importance of Adaptability in Trading
07:54 • 2min
The Importance of Diversification in the Fund World
09:55 • 2min
The Importance of Preparation in Elite Performance
12:11 • 3min
The Differences Between Deliberate Practice and Preparation
15:13 • 3min
The Strengths of a Systems Trader
17:49 • 3min
Creativity in Trading
20:55 • 3min
The Importance of Diversification in Trading
23:32 • 3min
The Importance of Average Holding Period
26:10 • 5min
The Benefits of a Smoother Curve
31:24 • 3min
The Emotional Buy-in in Trading Strategies
34:33 • 2min
The Importance of Mentorship
36:52 • 2min
The Evolution of a Checklist
38:56 • 2min
How to Be a Successful Trader
40:51 • 2min
The Importance of Physical Fitness in Trading
42:40 • 3min
The Importance of Trading Psychology 2.0
45:13 • 2min
How to Be a Successful Street Magician
46:59 • 2min
The Mental Edge in Trading
49:08 • 2min
The Mental Edge in Trading
50:56 • 3min
The Myers-Briggs and the Foyer Effect
54:04 • 2min
The Myers-Briggs Test for Extroverts
55:55 • 4min
The Importance of Understanding Your Personality
01:00:06 • 5min
The Five Factor Model of Neuroticism
01:04:56 • 5min
The Five Main Personality Traits
01:09:40 • 2min
The Process of a Neo-Pir Test
01:11:28 • 3min
How to Test Your Trader's Personality
01:14:32 • 5min
Anxiety Is a Two-Edged Sword
01:19:44 • 3min
How to Manage Cognitive Biases in Trading Markets
01:23:05 • 5min
The Importance of Sticking to Your Own Rules
01:27:58 • 2min
The Importance of Stop Losses in Trading
01:30:06 • 4min
The Mental Edge in Trading
01:34:12 • 3min
The Mental Edge in Trading, Adapt Your Personality Traits and Control Your Emotions to Make Smarter Investments
01:37:10 • 3min
The Importance of Systems Thinking
01:39:51 • 3min
How to Profit From the Nobel Prize
01:43:19 • 2min
How to Be a Successful Trader
01:45:06 • 2min
How to Reprogram a New Trader
01:47:03 • 2min
The Importance of Position Sizing
01:49:27 • 2min
How to Be a Successful Trader
01:51:52 • 2min
The Importance of Memories in Modeling
01:54:03 • 2min
The Importance of Channeling
01:55:41 • 3min
How Warren Buffett Made His Gosh, 45 or 60 Billion?
01:58:32 • 4min
The Importance of Being a Businessman
02:02:23 • 2min
The Disdiscretionary Trading Model
02:04:44 • 5min
The Importance of Passion in Life
02:09:19 • 4min
The Importance of Language in Yoga
02:13:35 • 2min
How to Trade Beyond the Matrix
02:15:07 • 3min
The End of Civilization
02:18:33 • 3min
Rules-Based Behavior Investing
02:21:31 • 3min
The Psychology of Trend Following
02:24:26 • 2min
The Importance of Human Behavior in Investment Management
02:26:41 • 2min
The Guinea Worm Story
02:28:29 • 3min
The Importance of Rules in Investing
02:31:27 • 2min
The Paradox of Investing
02:33:03 • 3min
The Importance of Realizing the Rules Do Apply to You
02:36:12 • 3min
The Paradox of Owning Your Imperfection
02:38:46 • 2min
Warren Buffett: The Number One Example
02:40:19 • 2min
The Importance of Controlling Loss
02:41:52 • 2min
The Rise of Passive Index Funds
02:43:36 • 3min
The Bad Reputation of Active Management
02:46:26 • 3min
The Importance of Risk Management in Wall Street
02:49:04 • 2min
The Four Pillars of a Sound Active Management Approach
02:51:07 • 2min
The Four C's: Consistency, Clarity, Courage, and Conviction
02:53:00 • 2min
How Sigmund Freud Helped Us All as Investors
02:54:33 • 2min
How to Take Advantage of the March of 2009 of the World
02:56:08 • 3min
How to Scan the Cat in the Market
02:59:26 • 3min
The Black Swan Will Swim in One Day
03:02:30 • 2min
The Sharp Ratio on Tracking Error
03:04:04 • 3min
The Psychology of Benchmarking
03:06:54 • 2min
IQ and Investing Success
03:08:50 • 2min
What Investors Really Want
03:10:52 • 5min
The Importance of Asking for High Returns
03:15:31 • 3min
The Nigerian Scam
03:18:48 • 2min
The Art of Envy
03:20:55 • 2min
The Fear of Losing, of Missing Out
03:22:55 • 2min
The Importance of Mental Accounting
03:24:53 • 2min
The Psychology of Behavior in Finance
03:27:08 • 2min
Libertarianism Versus Paternalism
03:29:33 • 3min
The Libertarian Aspect of America
03:32:25 • 2min
The Balance Between Libertarianism and Paternalism
03:34:22 • 2min
How to Speak Positively in Public Gatherings
03:36:33 • 2min
How to Make Money Up, Down, and Surprise Markets
03:38:16 • 2min