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Ep. 503: John Miller Interview with Michael Covel on Trend Following Radio

John Miller
John Miller

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John Miller, author of “QBQ: The Question behind the Question”, is on today’s podcast. John’s message is all about person responsibility. His dad was the wrestling coach at Cornell University and he taught John the foundation for his way of thinking early on.

What could I have done different? How could I have done a better job? These are just a couple questions John tells people to ask themselves before they try and pass blame onto someone else. John shares a personal story of someone going above and beyond in their service. This story is referred to as “The coke story.” He shares it with every audience he speaks in front of because it is the perfect example of someone going above and beyond. John says that people need to rise above situations, swallow pride, and fix problems even if it wasn’t their mistake to fix.

Next, John shares what he did before writing books and doing speaking engagements. He was bored and depressed working behind a desk. Michael asks, “Even in a bored and depressed state, did you ever have a victim mentality in your psyche?” John shares another personal story about him shutting down an entire branch of his company (for good reason) so he could move locations and be in a more positive place. He says that he has always been proactive in how he looks at a situation. He gives a few “rule of thumb” phrases to try and stay away from: Whenever you ask “Why me”, that is falling into a victim mentality. “When” questions are typically linked to procrastination. “Who” questions seek culprits or people to pass blame onto. Ask questions that contain an “I” in there because “I” can only change me.”

In this episode of Trend Following Radio:

  • Staying accountable for your actions
  • Social media bullying and accountability
  • Stress is a choice
  • Asking yourself the right questions to stay accountable
  • Entitlement

“Accountable people don’t blame others, and they don’t even blame themselves.” – John Miller

“People who win fall forward.” – John Miller

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Ep. 444: No Charts, Trade the Price with Michael Covel on Trend Following Radio

No Charts, Trade the Price with Michael Covel on Trend Following Radio
No Charts, Trade the Price with Michael Covel on Trend Following Radio

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Michael Covel starts off reading an email from a listener asking, “Do all trend followers use spreadsheets alone to trade? Or do they also use charts for visualization? I am having a hard time trading using a spreadsheet alone and I tend to need to see a chart. It provides the visualization I need.” Michael responds saying “What does the visualization do? Are your trading decisions based on the price or visualization of a chart?” You don’t need charts or multiple monitors streaming at a time. That is not how the best traders trade.

For the remainder of the episode Michael leads with a presentation from Gregg Popovich, the head coach of the San Antonio Spurs basketball team. Gregg talks about organization, discipline, player relationships (between players and the coach and between players and players), and the importance of being comfortable enough in your own skin to take advice from others, among many other subjects. You can’t begin to execute a trading rule until you have sound philosophical grounding. It starts with the right mentality and imagination, and Gregg is a perfect example of this. There are countless lessons to be learned listening to Gregg’s presentation. His outlook is applicable to anything you could want to do in life whether it be starting a business, trading, or running a marathon.

In this episode of Trend Following Radio:

  • Why cultivating your second string is so important
  • Foreign players vs. U.S players
  • Accountability
  • Importance of honesty
  • Having the same standards for everyone
  • Importance of humility
  • Execution
  • A different perspective on goal setting
  • Looking at the big picture

“It’s a journey. It’s a process. It’s difficult. The joy is in the process. The joy isn’t in the final culmination. That fades away pretty quick… The journey is what you are most proud of.” – Gregg Popovich

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