Trend Following With Michael Covel

My guest today is Richard Weissman, a professional trader with over 25 years of experience and an author. Weissman considers himself a "swing trader". He is one of the world's foremost authorities and thought leaders in the fields of derivatives, risk management and technical analysis. The topic is his book Trade Like a Casino: Find Your Edge, Manage Risk, and Win Like the House. In this episode of Trend Following Radio we discuss: Weissman's path from how he started trading with his father in 1987 to how he made his way to where he is today Background to Weissman naming his book The influence of Jack Schwager's work Risk management Positive expectancy How Weissman defines trends and signs of strength The idea of "don't anticipate, just participate" Positive expectancy and the probability skew The connection between table limits and risk management How there are no truly "safe investments" Some tools that Weissman has used to influence his own trading psychology and smooth out the emotional highs and lows No