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Ep. 176: Fabian Lim Interview with Michael Covel on Trend Following Radio

Fabian Lim
Fabian Lim

My guest today is Fabian Lim, an internationally acknowledged digital marketing expert and, in a sense, a life coach focused on helping individuals to discover their true selves. He is a serial entrepreneur, best-selling author, and licensed jet pilot.

The topic is entrepreneur.

In this episode of Trend Following Radio we discuss:

  • Life in Singapore generally, and how Singapore has become “the gleaming city on the hill”
  • Singapore’s success despite its lack of natural resources, and how its airport represents the forward thinking found there
  • Lim’s first entrepreneurial ventures
  • The varied reasons that cause us to become entrepreneurs, and the difference between online and offline entrepreneurs
  • Experience in the context of entrepreneurship, and how it can be used as an excuse
  • Timeframes and getting out of the “employee” mindset
  • Becoming rich, and why it’s a choice
  • Classical conditioning, self-limiting beliefs, and breaking the mold to become an entrepreneur
  • The idea of “failing faster”
  • The connection between Lim’s flight training and entrepreneurship
  • Risk and uncertainty
  • Using simulations to practice
  • Success traits and failure philosophy
  • Why choice can be the enemy of a successful entrepreneur

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If You Want A Guarantee Buy A Toaster!

A question arrived today:

Will your book ‘Trend Following’ help me develop a trading system to become profitable?

I replied: For some people yes, and for some people no. Feel free to follow-up. He replied:

Will your other books help me?

All of my books will help some people. My books will not help all people. There are reasons for this.


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.

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Frequently Asked Questions
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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. 175: Dylan Evans Interview with Michael Covel on Trend Following Radio

Dylan Evans
Dylan Evans

My guest today is Dylan Evans, a British former academic and author who has written books on emotion and the placebo effect as well as the theories of Jacques Lacan.

The topic is risk intelligence.

In this episode of Trend Following Radio we discuss:

  • Definition of risk intelligence
  • Optimism bias
  • Correlations between IQ and risk intelligence
  • The Brandywine Raceway in Delaware and unconscious statistical modeling
  • Probabilities and the nuclear power risk issue
  • Making decisions on uncertain information
  • The expected value mindset
  • Bet sizing
  • How luck is always part of the game
  • Knowing when not to bet
  • The hidden costs of trying to eliminate risk in a system where risk can never be eliminated
  • The “calibration test” for risk intelligence.

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Portfolio Selection Queries

Feedback in:

Mr. Covel. First, thank you for a great job preaching not only trend following but the importance of a systematic approach to trading. Your web site is something I have come across recently, and I feel I have found a gem, because it is very difficult to find good relevant technical trading information. On slow trading days I have some great interview to look forward to. I use a volatility based trading strategy on the commodities I trade, with a Secure F (trailing) stop and proper position sizing. The last being the most important risk- and money management tool. Being from the outskirts of Europe, I am probably one of very few Norwegian followers, but I stick my head out with a suggestion and a question. Linda Raschke had a presentation at the Society of Technical Analysts (STA) in London UK, recently. Being one of very few women in the industry, she has an impressive track record and very interesting to listen to. She would be a good subject for an interview. My recent focus, has been scanning techniques for individual stocks or commodities – basically getting rid of non performing outliers and keep the “asymmetric positive skewed trades/stocks”. Is this a topic that has been explored in one or more of your interviews or is there other sources that you would recommend? Thanks again for an excellent site and service you do to the trading community. Best regards, [name], MSTA

Thanks for the nice words.

I do not have any leads on where you can go for more on portfolio selection. Most information I have, that has been across my desk, I share with clients via www.trendfollowing.com. It is a subject that is much work, but with big potential results.


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.

Can I Have $2,000 to Trade?

Feedback in:

Hi Michael Covel, can I get a sponsorship from you? Because I am requesting 2000 to start trading. Please help me.

Go away. Best advice I have.

Note: I am not being mean either. Far from it.


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.

Guarantees Trend Following Success

Feedback in:

Dear Michael,

Your website is as interesting and informative as ever. Thanks for all the insights you continue to provide to the members of the trend following tribe. Thought I would share an interesting anecdote about [one of] this year’s Nobel Prize in economics. A well regarded trend follower in Mumbai [India], while expressing incredulity at the selection of Eugene Fama (of “Efficient Markets Fame”) for this years Nobel Prize, quipped to me that this recognition will ensure that trend following survives for a very very long time.” [name]

Good point.


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. 171: Nick Atkeson Interview with Michael Covel on Trend Following Radio

Nick Atkeson
Nick Atkeson

Michael Covel talks with Nick Atkeson. Atkeson’s book is titled “Win By Not Losing: A Disciplined Approach to Building and Protecting Your Wealth in the Stock Market by Managing Your Risk”. Covel and Atkeson talk about momentum and streaks; some of the stories contained in Atkeson’s book, including “Sonny” in Vegas and his ability to disrupt the earnings of the Rio Casino, and the idea of the “theo”; why people should invest at all; uncertainty in the markets, with jobs, and in retirement; market timing; asset allocation decisions; negative tail risk; black swans; what happens when/if the US potentially defaults on its debt; the idea of “systematic”, taking your losses, and behavioral finance; loss avoidance; and how Atkeson got started in his career. Atkeson can be found at deltaim.com.

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