Ep. 333: Gary Dayton Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
English - April 06, 2015 02:00 - 54 minutes - 49.9 MB - ★★★★★ - 567 ratingsInvesting Business Science Social Sciences covel followingturtle futures managed michael seykota trader trend Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
My guest today is Gary Dayton. Dayton stands apart as a trading psychologist in his use of the Mindfulness-Acceptance-Commitment (MAC) approach to peak performance, a model of human behavior based on mindfulness. Dayton is a psychologist and holds a doctorate in clinical psychology and a certificate in human performance/sport psychology from Rutgers University. He is President of Peak Psychology, Inc., a consulting firm that specializes in developing “peak” performance in traders.
The topic is his book Trade Mindfully: Achieve Your Optimum Trading Performance with Mindfulness and Cutting-Edge Psychology.
In this episode of Trend Following Radio we discuss:
Mindfulness, yoga, and a turnaround in a particularly depressed patient Defining mindfulness How Dayton went from a clinical psychologist to integrating money, markets, trading, and investing into his work The importance of a trading process Looking at the lessons and research of Daniel Kahneman The endowment effect Price action as a heuristic The importance of an exit strategy Why mindfulness is the most important skill a trader can developJump in!
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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.
To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/
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