Subscribe now and watch my free trend following VIDEO.

Ep. 272: The Health and Longevity Episode with Michael Covel on Trend Following Radio

Dan Buettner and John Ratey
Dan Buettner and John Ratey

Please enjoy my monologue The Health and Longevity Episode with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

Want to learn more Trend Following? Watch my video here.

Ep. 270: Laurie Santos Interview with Michael Covel on Trend Following Radio

Laurie Santos
Laurie Santos

My guest today is Laurie Santos, a professor of psychology and cognitive sciences at Yale University. Her research explores the evolutionary origins of the human mind by comparing the cognitive abilities of human and non-human primates. Santos is able to look at monkeys and their behavior in markets and money, and see the similarities with humans.

The topic is cognitive abilities.

In this episode of Trend Following Radio we discuss:

  • Santos’ early “ah-ha” moments
  • Teaching monkeys about currencies
  • Whether the monkey economy is as irrational as ours
  • The endowment effect
  • How monkeys’ behavior in markets quantitatively matches human behavior
  • Whether some monkeys took to the experimental economy better than others
  • Mistakes and predictable errors
  • Why humans might be uniquely irrational when it comes to enjoying what we pay more for
  • Vernon Smith’s work
  • Relationships between Santos’ work and the financial crisis of 2008
  • Bubbles, monkeys, and Daniel Kahneman
  • The “G.I. Joe fallacy”
  • Why we have trouble accepting cognitive limitations rather than our biological limitations

Listen to this episode:

Jump in!

Daniel Kahneman on Thinking, Fast and Slow


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

Trend Following Podcast Guests
Frequently Asked Questions
Performance
Research
Markets to Trade
Crisis Times
Trading Technology
About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Ep. 263: Meir Statman Interview with Michael Covel on Trend Following Radio

Meir Statman
Meir Statman

My guest today is Meir Statman, the Glenn Klimek Professor of Finance at the Leavey School of Business, Santa Clara University. His research focuses on behavioral finance. He attempts to understand how investors and managers make financial decisions and how these decisions are reflected in financial markets. Meir’s latest book, “Finance for Normal People: How Investors and Markets behave” has been published by Oxford University Press.

The topic is his book What Investors Really Want: Know What Drives Investor Behavior and Make Smarter Financial Decisions.

In this episode of Trend Following Radio we discuss:

  • How we make decisions, and how these decisions are reflected in markets
  • What investors want besides the utilitarian aspect of money
  • Philanthropy and status
  • Why Madoff’s clients’ own greed helped them fall into a trap
  • Envy and happiness
  • The fear of losing and the fear of missing out
  • Mental accounting
  • Statman’s drivers and early influences
  • Libertarianism vs. paternalism
  • Social Security and mandatory retirement savings

Listen to this episode:

Jump in!

Ep. 261: Andy Puddicombe Interview with Michael Covel on Trend Following Radio

Andy Puddicombe
Andy Puddicombe

My guest today is Andy Puddicombe, the founder of Headspace, an award-winning digital health platform that provides guided meditation sessions. Puddicombe is a former Buddhist monk with a degree in Circus Arts.

The topic is meditation.

In this episode of Trend Following Radio we discuss:

  • Puddicombe’s background and how he came into the position he is in today
  • Some traumatic events which may have had an influence on Puddicombe’s decision to become a monk
  • Covel’s own meditation experience
  • Comparing mindfulness and meditation
  • The importance of a daily practice
  • Stress and the science behind meditation
  • Neuroplasticity
  • The wandering mind and unhappiness
  • The idea of the present moment, and how traders that embrace the present moment have an advantage
  • Intuition

Listen to this episode:

Jump in!

Ep. 260: Sally Hogshead Interview with Michael Covel on Trend Following Radio

Sally Hogshead
Sally Hogshead

My guest today is Sally Hogshead, a New York Times bestselling author, National Speakers Association Hall of Fame speaker, chief executive officer of How to Fascinate (Fascinate, Inc) and a former advertising executive.

The topic is her book How The World Sees You: Discover Your Highest Value Through The Science of Fascination.

In this episode of Trend Following Radio we discuss:

  • Fascination and paying attention
  • The seven different categories of things that fascinate us
  • What those who fascinate have in common
  • Developing a personality assessment that shows how the world sees you
  • Understanding your own personal branding
  • Analyzing Michael Covel’s own fascination survey
  • Not being a commodity
  • Why if you’re not generating a negative reaction from someone, you’re probably not fascinating anyone
  • Why you don’t want to be vanilla ice cream

Listen to this episode:

Jump in!

Drawdown Wisdom

In the early 1990s, Commodities Corporation (a famed trading incubator that taught and bankrolled new traders) invited a group of Japanese traders to its company for in-house training. One up-and-coming trader at Commodities Corporation took his new friends to lunch. He told his guests how important risk management was, and to risk only 1 percent per trade. He was clear that experiencing small losses were part of his process to ultimately finding big winners. The Japanese traders, with puzzled looks on their faces, asked, “You have losses?” Ouch! Time for everyone regardless of country to learn about small losses, and to love them, even if that means your account will occasionally have drawdowns. What are drawdowns? Drawdowns are those non-fun time periods where your small losses add up to reduce your account size. They happen. The key is to quickly and successfully recover from them by sticking with your trend trading system and waiting patiently for big trends to reappear, which let you get back to making new money again (and paying for all of those small losses). How much can you lose? That’s an important question to answer, and it comes down to the risk you take (which will vary by your personal choice). However, trend following is much easier to believe in when you consider the length of professional trend trading track records, especially the really long track records that offer proof of viability. That said, some will spend a lifetime trying to avoid any loss (even though that is impossible).


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

Trend Following Podcast Guests
Frequently Asked Questions
Performance
Research
Markets to Trade
Crisis Times
Trading Technology
About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.