BlogSeptember 7, 2023Michael Covel

“How do I recognize a true trend…”

Feedback in:

Michael,

My biggest challenge is that I am in the industry and I am flooded with opinions, charts, sellside research and twitter traders data. Without irony some of the twitter traders are actually the greatest value add. I’ve read Trend Following and I am in the middle of Turtles and Trend Commandments. I have witnessed a “small time” trend follower make over $10m in a year on commodities/crypto proxies and it blew my mind. I could have mirrored easily but I just piddle paddled in day trading Covid trash names handing back half of my moves most times.

My biggest questions are and always will be “What is the trend?” and “How do I recognize a true trend?” I anticipate yearly macro stories but miss the “trend”. I have a good return but not great. Overall, I need rules and discipline to reign in my bullshit.

I’m a big fan of the books and I also have Turtle on Audible for my commutes to Palo Alto (when I show up).

P.S. – I love the based twitter posts 🙂

Thank you.

Sean B.

Welcome! My books dive into your desire and my courses do too.

Learn the rules behind trend following, and the systems to apply them.

See the courses

More from Michael Covel: Books · Podcast · Trend Following course

Filed under Trend Following

Join Trend Following™ today.

Get the free trend following video and Michael's newsletter. Unsubscribe any time.