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Around the World Entrepreneurism

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Hi Michael,

It seems much easier working full time from Asia but many pitfalls still exist. Let me know when you are in Bangkok next time. I can share many stories from the first visit in 1998 to working and living full time in Asia. Enjoying your podcasts. I bought Taylor’s book today look forward to reading it.

Best Fortunes,
[Name]

Thanks for the feedback.

I have worked for myself since Netscape IPO (geographic location irrelevant).

Pitfalls only exist for those that don’t properly call them opportunities!


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Mr. Covel,

First let me just acknowledge I know you instructed me to do more than just email you regarding a research assistant job that requires relocation to Asia and I fully intend to pursue other contact avenues, but I wanted to put something down as a primer for you as I pursue you via phone, etc. I’m also aware that you mentioned this in a podcast from February of 2014, but I’m still so struck with the opportunity and your books that I had to write and hope a position of some kind is still available or something can be worked out between us if you feel I’m a fit.

My background: I’ve been a big fan of your work since reading The Little Book of Trading last summer. I came to find you from watching a [name] DVD of a seminar you spoke at and while I almost immediately dropped [other style], I pursued trend following education immediately. I looked into Ed Seykota’s trading tribe and you’re right. I felt like Yoda was talking at a level far beyond mere markets, but it was something David Harding said about having come up in the business by spending hours hand charting that set me to work drawing market after market and time frame after time frame. This has been a huge help. I’ve since read all of your books and the independent thinker in me is totally taken with the approach. I agree with your opinion about the future state of our workforce being arbitraged away by the internet and technology and I’m doing everything under my power to educate myself.

I would be completely exhilarated to work with you on this research project and also excited to relocate to Asia. I’ve spent the last three and a half years living in NYC, studying market s all day, hand charting and reading everything I can. Previous to this I worked in the entertainment business as I Creative Executive for a film director (hugely research intensive) as well as a writer. Then I got hooked on markets. I took the route with [firm name], spending a lot of money and again, trying to be a daytrader as I erroneously assumed this was the way to riches. I read all the standard books and tried method after method. I was hooked because I’ve always been an individualist and I wanted to carve out my future through my own sweat. I’m now finally cured of this daytrading fever, and the Managed Futures/Quant/Macro Funds are my model of ideal approach to trading, thanks to your work.

Incidentally, I’ve been looking often on over the last six months to find a way to relocate internationally and find something to do to support myself while studying markets, so the opportunity to work with the guy who has sat down with the best of the best and created his own ingenious niche in this business seems like fate. Do please consider me as a candidate, I’m hardworking, endlessly curious and ready for adventure. As I said, I will be pursuing you via phone and other avenues ASAP. Just for reference my cell phone is [#]. I look forward to talking.

Best regards,
[Name]

Thanks for your interest and the feedback.

Note: For everyone on the job pursuit path consider here.


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

Trend Following Podcast Guests
Frequently Asked Questions
Performance
Research
Markets to Trade
Crisis Times
Trading Technology
About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Location, Location, Location … in Asia?

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Michael:

How are you doing? I am considering relocating my CTA [pro trend following trader] businesses to New Zealand. Who do you know that I could speak with in that part of the world about the potential of opening new clientele potential for my management products?

Any thoughts that you might have on this subject would be appreciated as well….

Thanks,
[Name]

I have not been to NZ and have zero contacts there. That’s 13 hrs from me [in Asia]! Wish I had better news. Guessing that Singapore would be a better fit for client business. Or at least larger and more easy for launch. Most every [manager] I speak to has little going on [in Asia] except the very large ones. Even those seem to not have a great lay of landscape. Overall Asia is about being on the ground then working out the hard questions [and details]. Very tough to plan it when your not in the middle of it. That’s my single biggest insight after three years [spending much time in Asia].

Mike,

That confirms everything that I know and have learned. Thanks for the quick response.

[Name]

Welcome.

Note: Some more insight (podcast).


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

Trend Following Podcast Guests
Frequently Asked Questions
Performance
Research
Markets to Trade
Crisis Times
Trading Technology
About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Ep. 309: Mark Mobius Interview with Michael Covel on Trend Following Radio

Mark Mobius
Mark Mobius

My guest today is Mark Mobius, Ph.D., executive chairman of Templeton Emerging Markets Group, joined Templeton in 1987. Currently, he directs the Templeton research team which is based in 18 global emerging markets offices, and manages emerging markets portfolios. Mobius oversees a team of more than 50 people managing some $45 billion.

The topic is economics.

In this episode of Trend Following Radio we discuss:

  • Key events that happened along Mobius’ development and moved him to find emerging markets as his passion
  • Growth across Asia
  • The importance of being on the ground to see what’s happening in China to have a true picture of what’s going on
  • Why what’s happening in China now is entirely different from the USSR in the early 1980’s
  • The two Koreas, and whether we’ll see one Korea eventually
  • The impact of both North and South Korea on their own
  • Mobius’ outlook on Myanmar
  • Singapore as an emerging market, and as it is compared to a city in the States
  • India, its growth, and how Mobius sees it moving forward
  • The importance of travel, and how it changes everybody that goes out there and experiences it

Listen to this episode:

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Back to Asia February 2014; A Trend?

Feedback in:

Hi Michael, just watched your DC BKK talk. Inspiring. Are you over in Asia now? I’m moving to Shenzhen in January. Let me know if you’ll be passing through that part of the world. Cheers, Chris

Left Asia December 2013, but back February 2014. Thanks for the nice words.


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

Trend Following Podcast Guests
Frequently Asked Questions
Performance
Research
Markets to Trade
Crisis Times
Trading Technology
About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Ep. 118: Trend Following in China with Michael Covel on Trend Following Radio

Trend Following in China with Michael Covel on Trend Following Radio
Trend Following in China with Michael Covel on Trend Following Radio

Please enjoy my monologue The Trends of China with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

Want to learn more Trend Following? Watch my video here.

Listen to my interview with Jed Rothstein creator of the China Hustle Film here.

Ep. 108: Distraction v. Focus with Michael Covel on Trend Following Radio

Distraction v. Focus with Michael Covel on Trend Following Radio
Distraction v. Focus with Michael Covel on Trend Following Radio

Please enjoy my monologue Distraction v. Focus with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

Want to learn more Trend Following? Watch my video here.