The Little Book of Trading by Michael Covel

The Little Book of Trading” is a new book of mine coming from Wiley. The full book jacket (PDF).

The Little Book of Trading

18 thoughts on “The Little Book of Trading by Michael Covel

  1. What Are People Saying?

    “In The Little Book of Trading, Michael Covel has collected many gems of wisdom from some of the great traders of our time. After reading this book and piecing together all of the commonalities therein, you’ll begin to understand what it takes to be successful in the markets. Ignore these key truths and one day you’ll watch your account disappear.”
    Van K. Tharp, Ph.D.
    President, The Van Tharp Institute

    “The Little Book of Trading reveals the secrets from trend-following insiders giving you the freedom to trade all markets: interest rates, copper, currencies, stocks — you name it! Covel encourages you to take that TV blaring CNBC and throw it right out the window. Charts cut the noise.”
    Addison Wiggin
    Best-selling author of Demise of the Dollar
    Executive Publisher, Agora Financial, LLC

    “Michael Covel’s unique insight into trading is invaluable. Both novice and experienced traders can benefit from Michael’s thorough knowledge of markets around the globe. The Little Book of Trading is a must read for serious investors.”
    Louis G. Navellier
    Chairman and Founder, Navellier & Associates, Inc.

    “Imagine being in the circle of trust of some of the greatest traders of all time, knowing what made them successful and having them share heartfelt advice. Though the eyes of Michael Covel in The Little Book of Trading, you will truly feel this experience.”
    Murray A. Ruggiero Jr.
    Contributing Editor, Futures Magazine
    VP Research and Development, TradersStudio Inc.

    “Michael Covel’s Little Book of Trading is a must-read guide to help you succeed in the shark-infested waters of the investment world.”
    Cullen O. Roche
    Founder and CEO, Orsus Investments, LLC
    Proprietor of Pragmatic Capitalism

  2. Table of Contents

    Chapter One
    Stick to Your Knitting
    Gary Davis, Jack Forrest, and Rick Slaughter

    Chapter Two
    Someone’s Gotta Lose for You to Win
    David Druz

    Chapter Three
    No Guts, No Glory
    Paul Mulvaney

    Chapter Four
    In a Land Far, Far Away from Wall Street
    Kevin Bruce

    Chapter Five
    Think Like a Poker Player and Play the Odds
    Larry Hite

    Chapter Six
    Stand Up, Dust Yourself Off, and Keep Going
    David Harding

    Chapter Seven
    Throw Away the Fundamentals and Stick to Your Charts
    Bernard Drury

    Chapter Eight
    Study Hard and Get an A+
    Justin Vandergrift

    Chapter Nine
    You Can’t Know Everythin
    Eric Crittenden and Cole Wilcox

    Chapter Ten
    Make It Work Across All Markets
    Michael Clarke

    Chapter Eleven
    Stay in the Moment of Right Now
    Charles Faulkner

    Chapter Twelve
    Sing the Whipsaw Song

  3. Michael,

    I think one of the filters for trading success should be whether the potential trader is willing to shell out $20 – $30 for a book that could change his/her life.

    I honestly can’t believe contributors to the “free book” posting last week who analyzed the piss out of whether to spend money on your book and questioning your possible motivation for writing it. Do they go to the fruit market and ask the banana vendor what his REAL motivation is for selling bananas? You’re a writer for #@C$ sake! Of course you’re going to sell books!

    In my own humble situation, I always did OK as a trader, but there was one-quarter of one page in the first edition of “Trend Following” that turned the light on for me, and turned my “trading” into “systematic profiting.” I now work for myself, I drive a Mercedes, I live in a nice home with a lake in the mountains, I travel to Europe and the Far East regularly, and, as a secondary source of income, I lend money to dozens of growing businesses from printers to pipelines…all possible primarily because of one-quarter of a page out of 400 pages in a $25 book. It was the missing piece of my trading puzzle.

    If people won’t buy this book — and a hundred other books with possible gems of wisdom –, they should prepare to spend the rest of their lives in Mom’s basement.

  4. Hey Michael… didn’t realize you had TWO books coming out at the same time! congratulations. I knew you were working on something but thought it was still a long time to go..looking forward to a good reading to fill these summer nights!. Keep on the great work.

  5. Congrats Michael, haven’t read the books, have just ordered. But am sure, they will be much more worth Reading. Your last 2 books defintely helped me increase my confidence on my system trading.

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