Michael Covel
Trend Following
Rules that follow price, not predictions. The traders who made fortunes this way, the research behind it, and the systems to apply it yourself.

1,400+Podcast episodes
4,100+Articles since 2004
76+Countries with clients
8Books
Start with the basics
What is trend following?Why traders who follow price, not stories, have won across every market.
PerformanceDecades of track records from the best-known trend following funds.
MarketsStocks, futures, currencies, commodities: one approach for all of them.
Starting capitalHow much you need to begin, and how to size each position.
Zero-sumEvery trade has a winner and a loser. Know which side you are on.
FAQsStraight answers to the questions new trend followers ask most.
The library: free classics
All books and papers →
Edwin Lefèvre · 1923Reminiscences of a Stock OperatorRead the guide · Free PDF
Jesse Livermore · 1940How to Trade in StocksRead the guide · Free PDF
Charles Mackay · 1841Extraordinary Popular DelusionsRead the guide · Free PDF
Michael Covel · SampleTrend Following: free sample chaptersRead the sample · Buy the book
Trend Following Radio
Ep. 1412: Christian Miller Interview with Michael Covel on Trend Following Radio
“Michael Covel's Trend Following: Essential.”
Apply Michael's trading systems
Essentials
$2,997
Core trend following systems, money management, ETFs and LEAPS, case studies, and 6 months of custom support. One-time payment, lifetime access.
See EssentialsMastery
$3,997
Everything in Essentials, plus the proprietary library and 12 months of custom coaching. One-time payment, lifetime access.
See Mastery





