Trend Following

Classic Trend Following Trading Course
Our Most Popular Course!

This is our most popular trading system course!

Trading System Course Features

FEATURE 1: 'Trend Following Trading Systems Course' Manual (229 pages)

Can you know absolutely when a market will trend? No. Do you have to know to make money? No. If you have a deep desire to make money and the ability to follow a proven, step-by-step system, then you have the chance to make big money with a trend following trading system. A trading system is simply an idea. It's a trading idea for making buy and sell decisions in any market. A trader takes an idea, turns it into a mathematical formula and tests it to see if it would have made money. A good technical trading system doesn't buy low and sell high; it rides trends. Trend followers don't get entry or exit signals and apply some extra layer of "human judgment". They don't try to be smarter than the "system". The following issues are all addressed in our training, across multiple proprietary systems, with step-by-step rules:

- What market do you buy or sell at any time?
- How much of a market do you buy or sell at any time?
- When do you buy or sell a market?
- When do you get out of a losing position?
- When do you get out of a winning position?
- How to enter and exit and why.
- How to place stops for each and every position.
- How to adjust stops when trades are winners.
- How to adjust stops when trades are losers.
- How to take a loss to avoid a larger loss.
- Explanations of system expectancy.
- Long-term vs. short-term strategies.
- How to trade both long and short positions.
- How to balance long and short positions.
- How to adjust trades for accumulated new profits.
- How much to buy or sell at any time for any market.
- How to account for volatility.
- Understand percent accuracy issues with proper trading.
- How to adjust your portfolio during a winning streak.
- How to adjust your portfolio during a losing streak.
- How to normalize volatility across your system.
- How to maintain constant risk as your money grows.
- Profit targets. What do the pros do?
- How to protect against extreme downside moves.
- How to use risk management to protect against blowouts.

Our trend following trading systems use daily data to determine buy and sell signals. This is not day trading or high frequency trading. Orders can be placed before the market opens and do not need hourly monitoring. Most top traders manage their trades in 10 to 30 minutes per day. Trend follower Richard Donchian once said:

"If you trade on a definite trend-following loss limiting-method, you can trade without taking a great deal of time from your regular business day. Since action is taken only when certain evidence is registered, you can spend a minute or two per [market] in the evening checking up on whether action-taking evidence is apparent, and then in one telephone call in the morning place or change any orders in accord with what is indicated. [Furthermore] a definite method, which at all times includes precise criteria for closing out one's losing trades promptly, avoids...emotionally unnerving indecision."

Each day you determine entries and or exits for the following day. You can then buy or sell "at the market" on the open the next day. These systems are that easy to execute.

FEATURE 2: Trading Resource CD with Money Management Guide (only $2497 course)

Our resource CD has numerous proprietary systems and money management techniques that assist learning and using trend following trading. It includes:

- Money management practice guide with step by step examples.
- Correlation studies of historical market data.
- Order placement tutorial.
- Over (100) PDFs totaling over 2000 pages!
- 20+ EXCEL spreadsheets covering trend following trading rules.

FEATURE 3: LEAPS® Options & Single Stock Futures Manual

The LEAPS® Options & Single Stock Futures Trading Manual includes: The LEAPS® trading module for equity options with examples and instructions and The Single Stock Futures module with all examples and instructions.

FEATURE 4: Money Management Practice Manual (only $2497 course)

Money management is a core component of our training. We teach exact money management techniques and provide needed examples to implement all techniques: How much to trade at any give time. When to increase your position. How much to risk. How to evaluate total market risk. How to diversify your account. How to avoid over exposure among markets.

Our money management manual is delivered on our resource CD. The money management manual is 216 pages.

FEATURE 5: (6) Audio CD Set

The 6-CD set teaches major components of trend following, but with different perspectives that help the overall learning process.

CD 1: Trend trading for beginners. This 45-minute CD introduces the basics of trend following trading from its underlying philosophy to the main elements you need to trade for big money opportunities. Structured in FAQ format, this CD covers such questions as: How do I get started in this course as a beginner? Do markets change? What does follow the price mean? Will trend following lose its effectiveness? How important is money management?

CDs 2 & 3: The Story Behind Trend Following Trading Systems. These 2 CDs (110 minutes total) lift the veil on the great traders explaining who they are and how they trade. We use historical facts, anecdotes, quotes from biographies, analysis and actual audio clips from seminars. It covers topics such as: The wisdom of trend follower Bill Dunn. The 'Babe Ruth' Effect. Trend follower Tom Basso on market timing. Trend follower John W. Henry defining uncertainty and simplicity. Richard Donchian: the Father of Trend Following. Emotions and decision-making. Losers average losers and Paul Tutor Jones.

CDs 4 & 5: Getting Started with trend following trading Systems. These 2 CDs (103 minutes total) take a practical "nuts and bolts" approach to applying the rules of trend following systems trading. These CDs cover many of the typical client questions including: Do you need news and price screens to trade? Bet-sizing. How many contracts do you trade? Adding to a position. Technical Indicators. Risk Aversion. Long or Short. Software issues. Price indicators. Learning from losses. Trending silver example.

CD 6: Trading the trend following trading systems way. This 90-minute CD overviews how to apply trend following trading systems. Topics include: Exit signals. Trading currencies. Why choose high volatility trading? Time stops. The long short balance rule. How much should you risk? Knowing when to switch markets. Reducing and increasing unit size. Risk versus volatility.

The CDs can be played on a PC, Mac, iPod, etc.

FEATURE 6: Michael Covel DVD Video

This instructional DVD teaches the principles of trend trading and systems trading, as well as other important course content from entry criteria to behavioral finance.

FEATURE 7: Client Support: Only Educated Traders Survive

Why do clients need support? If a textbook was all you needed for success why have colleges? Hands on instruction is key. How do you decide what is right or wrong? What should you believe? How do you handle the emotional aspects of trading? Michael Covel and his staff will show you exactly how to think about becoming a successful trend following trader. You may not have friends, associates or family members who really get this subject or even want to get it. We help with the live connection. This feedback loop is crucial for your money-making goals. Our dedication to client support has earned us the confidence of clients since 1996. Each and every client receives personalized support. Our courses were designed from the ground up to allow complete novices and advanced traders to quickly "get it". Our support team will answer 95 percent of all emailed questions within 24 hours. You can be anywhere and learn with us: iPhone, beach, office, your bedroom, your bathroom, it doesn't matter. You will have access to free customer service for 1 year all as part of your original course purchase.

NOTE: Our $2497 course includes 18 months of support over our normal 12 months!

FEATURE 8: Market Wizard DVD Video Series

All three of our system trading courses are the same except for the following critical differences:

- $2497 course includes Market Wizard Mentoring DVDs for David Harding, Larry Hite, Kevin Bruce, Charles Faulkner, Salem Abraham and our Pro Poker DVD.
- $1897 course includes Market Wizard Mentoring DVDs for David Harding, Larry Hite, Kevin Bruce and Charles Faulkner.
- $1297 course includes Market Wizard Mentoring DVD only for Kevin Bruce.

Also, our resource CD only comes with our $2497 course. Our $2497 course also includes 6 months extra support. There are no other differences, but those differences are substantial!

FREE BONUS FEATURE 9: 'Broke: The New American Dream' DVD

We now include a FREE bonus DVD of Michael Covel's 85-minute documentary film 'Broke: The New American Dream'. Covel traveled over 75,000 miles to talk with top trend followers, two Nobel Prize winners and regular people. Behavioral finance on full display.

Trend Following Introduction

Before jumping into frequently asked questions here are some basic misconceptions about trend following trading:

1. Do you have to quit your job to be a trend follower? No.
2. Is this day trading where you are glued to the screen all day? No.
3. Is this only for young people in their twenties? No.
4. Does trend following require that you were born rich? No.
5. Do you need a degree from Harvard to trade as a trend follower? No.

Those questions address the critical issue: fear. Fear paralyzes. Fear leads to denial. Denial leads to inaction and inaction leads to being stuck in mutual funds that can ruin an account and your emotions in literally days. How can that change? Learning what the very best traders do to make money is the name of the game. How have trend followers made fortunes over the last four decades? For over a decade we have helped committed investors in 72 countries learn and apply trend following trading. You have doubts about spending your hard earned dollars on financial literacy? Try this. Put aside the trading educational value of what we offer for a moment and consider the costs you would incur to try and assemble the knowledge contained in our courses.

Bottom line, our training was designed with one goal in mind: To teach the exact techniques, including entry/exit and position sizing/money management, needed to potentially make the big returns in any market at any time. Nothing we teach is remotely related to buy and hold. We teach the trading methods of the most successful trend following traders alive today. These are some of the most profitable, unique and proprietary trading systems available. Who are our clients? Our clients are beginners to pro traders to college students. We train new traders, start up trading firms and billion dollar funds. Yes, our client database is that diverse. However, if you only want to trade your private account or IRA, you are our client too. Whether you have $5000 or $10,000,000 to invest our insights can help you to make potential millions.

Who is our training for:

- Anyone who wants above average returns.
- All traders of all levels across Wall Street to Main Street.
- Beginning traders burned in mutual funds.
- Professional traders looking to trade for clients.

Who is our training not for:

- People who have no money.
- People expecting to make millions instantly.
- People who think day trading works.
- People who think counting lunar cycles lead to profit.

Trading is not dependent on genetic "gifts" like that of a child prodigy. If you have those beliefs, we will show why you are dead wrong. If you are not now making big profits from the market, you can turn it around. You can learn. Anyone can be "nurtured" into becoming a great trader. What stops us? We live in a world where we all want instant gratification. We multitask everything. At the same time we are on the Internet, or listening to your iPod, we are on the phone. We want everything now. Faster. Easier. Give me the answers today. Right now! There is no patience. There is no understanding. For great traders, the ones who make the millions, it doesn't work that way. Great traders don't make millions acting like hyper teenagers. They have rock solid plans. We teach how.

What is the difference between the (3) courses priced at $2497, $1897 and $1297?

Can prior clients upgrade and receive the (5) Mentoring DVDs for David Harding, Larry Hite, Salem Abraham, Charles Faulkner and Kevin Bruce?

Who are the people who have influenced the curriculum taught to clients?

What are return examples seen from trend following?

Your offerings have been online since 1996. Have teachings and materials evolved over time?

Are your courses simply classic "Turtle Trading"?

Is your training for the individual investor or trader?

Is your training for market professionals too?

What starting capital is needed?

What is the difference between Michael Covel's books and courses online?

Will too many start trend following and make it less profitable?

Is this only for futures trading?

Is systems or trend following trading 'risky'?

I am currently a financial adviser and will be going back to school for a 4-year degree in the summer. As far as school is concerned what type of courses would be most advantageous for my to take or learn that would help in trend following?

How much math is involved in trend following for success?

Is the trend following trading that you teach black box system trading?

Will I be able to make money in both long and short positions?

Do the best trend following traders often make only a few trades a week not following the markets during the day?

Does trend trading work on stocks?

How much time is required to trade as a trend following trader?

What markets can be traded?

Why the emphasis on money management?

Are markets different now?

Isn't 24-hour news needed?

Is trend trading only for U.S. markets?

Is leverage part of the trend following systems taught?

Do your rules adjust to changes in volatility?

Once I complete training will I need to rely on my broker to help me trade successfully?

Why should I buy your education trend following trading system when others promise 70% accuracy?

What do you think of Gann and Elliott Wave?

Once training is completed what additional expenses will be needed to start?

I've lost a ton of money in my 401K. Can trend following trading help? Isn't this expensive instruction?

I'm in the beginning stages of starting a fund and I have a lot of questions, but I really haven't been able to talk to anyone about it, mostly because I haven't met anyone in the business. I was wondering if I put a few questions together if you could forward it to someone you think could be helpful in answering them?

I currently work in a 500 Fortune company as a Finance Director. I was reading your book on The Turtles and got more interested and read your web site. I'm interested in your training courses, but I have to be honest, it seems strange that someone is willing to train or give away a process that works. This is one of my questions.

Does the course explain how options can be used effectively in lieu of buying equities? My starting account for the next few months will be small.

Does the course explain exactly which markets to trade and why (i.e., to adjust for volatility/risk exposure)?

Are chart techniques and studies used to pick entry & exit levels and where to place stop levels? Presumably all trend followers use slightly different criteria and signals such as RSIs or Fibonacci for picking levels? Do you teach a one-size-fits-all method of level picking and using indicators or do you tailor it to the individual?

Are the money management rules covered a one-size theory or do you allow it to be adjusted for volatility and risk appetite?

Does your course advise on where to access charts/data? I currently use CQG, but to view all markets (FX, commodities, bonds, etc.) it is quite expensive.

I keep reading about fancy software, red light/green light, and all kinds of complicated trading strategies that seemingly only rocket scientists can trade. Is that what this is?

Can I trend follow in my retirement account?

Does trend following really have no bias about going long or short? I can make money in both bull and bear markets, up and down?

Once purchased what is your support and coaching policy?

Is there a guarantee?

Are there discounts?