28 min listen
Ep. 239: Brett Steenbarger Interview with Michael Covel on Trend Following Radio
Ep. 239: Brett Steenbarger Interview with Michael Covel on Trend Following Radio
ratings:
Length:
41 minutes
Released:
May 17, 2014
Format:
Podcast episode
Description
Michael Covel speaks with Brett Steenbarger. Steenbarger is Clinical Associate Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, NY. Steenbarger and Covel discuss what a “flow state” is, and why it’s important; how Steenbarger has seen flow connect to the trading world, and the importance of matching your level of difficulty and challenge; risk and risk tolerance; the logical and psychological sides to risk; “what have you done for me lately” attitude for investors; why we don’t grow if we stay within our comfort zones; process vs. outcome; the psychological burden of certain fee structures; some of the common characteristics of successful traders; slow thinking, deep thinking, and fast thinking; where we’re headed regarding prescription drugs related to the mind; trend trading vs. mean reversion; contextualism; trend following vs. momentum trading; and how people actually behave vs. how they describe their behavior. For more information on Brett Steenbarger, go to traderfeed.blogspot.com. Want a free trend following DVD? Go to trendfollowing.com/win.
Released:
May 17, 2014
Format:
Podcast episode
Titles in the series (100)
Ep. 1: Michael Dever Interview with Michael Covel on Trend Following Radio: Michael Covel interviews Michael Dever author of "Jackass Investing: Don't Do It: Profit From It." Special Offer: receive free DVD delivered to your home or office: www.trendfollowing.com/win. by Michael Covel's Trend Following