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“Michael Covel is known for his work on trend following trading strategies. Trend trading involves identifying and following prevailing market trends rather than predicting market movements. Covel’s approach emphasizes the importance of systematic rules, risk management, and discipline in trading. Covel’s book “Trend Following” has been influential in promoting trend trading strategies. It discusses the experiences of successful trend followers, their approaches, and how they manage risk. Covel’s work has gained attention in the trading community, but like any trading strategy, it’s important to carefully research and understand the principles before implementing them. Keep in mind that markets are complex and no strategy guarantees success.”
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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.