Michael Covel

Profit in Up, Down & Surprise Markets

Trend Following strategy-the game changer.

Repeatable rules you can use immediately to make outsized returns in bull, bear, and black swan markets. Clients in 70+ countries, from newbie to pro.

Michael featured in: 

Flagship System

Michael goes behind the curtain to reveal a state of mind the system doesn’t want you in. Characterized as “essential” and “required reading,” he teaches beginners to seasoned pros how to make above average profits with straightforward and consistent trend following trading systems.

Flagship Product

Bestselling Books

Read the bestselling classic TREND FOLLOWING rebooted. This new 600+ page beast maps out the controversial benefits and needed research. 100,000+ readers and translations globally.

All Books


6 million+ listens across 550+ episodes: investments, economics, decision-making, behavior & entrepreneurship. Guests: Nobel Prize winners Robert Aumann, Angus Deaton, Daniel Kahneman, Harry Markowitz & Vernon Smith. And: James Altucher, Jean-Philippe Bouchaud, Marc Faber, Tim Ferriss, Jason Fried, Gerd Gigerenzer, Larry Hite, Sally Hogshead, Ryan Holiday, Jack Horner, Ewan Kirk, Steven Kotler, Michael Mauboussin, Barry Ritholtz, Jim Rogers, Jack Schwager, Ed Seykota, Philip Tetlock & Walter Williams.


Regular updates, the needed trend following insights to help you produce out-sized returns, and the ongoing psychological rules to keep you out of cognitive dissonance.

Ep. 599: Trend Following Insights and Lessons with Michael Covel on Trend Following Radio

Posted on: Oct 19, 2017

Subscribe to Trend Following Radio on iTunes Michael has audio books for Trend Following (fourth and fifth editions), The Complete TurtleTrader and Trend Commandments. He starts the podcast today playing the afterword to the 5th edition of Trend Following written by Larry Hite. He follows this reading with Stig Ostgaard’s white paper titled “The Origins […]

“I don’t trust the government and I don’t trust Wall Street, please help…”

Posted on: Oct 18, 2017

Feedback in: Hi Michael, I have become a regular listener to your podcasts. I think I have started from episode 560 or something… I will certainly go back to listen to them all. Two points: 1. Is your new trend following book (5th edition) the updated version of the initial trend following book? (Please see […]

The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires

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The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires has the wisdom that never dies.