Trend Following With Michael Covel

My guest today is Charles Faulkner, an author, trader, and international expert on modeling the knowledge and performance of exceptional individuals. He was originally featured in "The New Market Wizards" by Jack Schwager. Faulkner has a new book coming out this fall called "Higher Level Trading: The Five Stages To Trading and Investor Mastery". The topic is trading psychology. In this episode of Trend Following Radio we discuss: Human behavior and the investor's psyche How Faulkner came to put together his newest book, and the qualitative differences between the five levels of experience, knowledge, and understanding Developing the different levels of thinking that lead to expertise, and the correct path to take to developing these skills Preparation, effort, "doing the work", and the right way to jump into investing Some of the commonalities between those profiled in the "New Market Wizards" book Ed Seykota's recent statements on day trading Behavioral economics The idea that the less you know about someth