BlogJune 12, 2026Michael Covel

“Prediction is a losing game and that risk management and systematic execution matter far more than opinions…”

Feedback in:

Hi Michael,

Thank you for sharing your story. It resonates with me because, like many traders, I wasn’t looking for shortcuts—I was looking for consistency.

My biggest challenge has been achieving consistent profitability despite years of studying the markets, testing strategies, and refining my approach. I’ve traded forex, gold, silver, Bitcoin, and futures, and while I have developed discipline and patience, translating that into steady returns has remained elusive.

Over time, I’ve realized that prediction is a losing game and that risk management and systematic execution matter far more than opinions. That’s what drew me toward trend following and rule-based trading in the first place.

I’m always searching for ways to simplify my process, remove emotional decision-making, and build a methodology that can survive the inevitable uncertainty of the markets.

I appreciate the work you’ve done documenting the Turtle Traders and look forward to learning more from your perspective.

Best regards,
Gabriel K.

You are welcome.


Welcome!


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

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

See the courses

Filed under Trend Following

Join Trend Following™ today.

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