Author: Michael Covel

Feedback in:

Originally I found it hard listening for a short time because you’re quite upfront but realised you are more about good. I have built my own trend following software over last 5 years or so, and you do help give me motivation. My software is in public release (my money) now and the market continues to amaze me. I’m still smiling. I’m 33 years of age, anyway. Your wealth of knowledge, thanks for sharing. Never made a dime in FX but me doing it for so many years hopefully shows you a bit about me. I have some life stories but I’d love the opportunity to chat. Many thanks for your reply, regardless. Best wishes. Terry B.

Sounds like you are on the path. Keep pushing.

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How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

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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.

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Feedback in:

Hello Michael,

I have no experience trading, so no challenges yet. However, I am hesitant about trend following or trading due to a lack of knowledge. I’ve read three of your books and the one that stood out for me was The Complete TurtleTrader. The Turtle philosophy and rules seem straightforward enough, but the devil is in the details. Currently, I simply have very little knowledge about commodity futures, foreign currencies, stock and interest indices, etc., and their leverage implications. Second, which CSI data plan should a novice initially use? Third, how do I track all the required information either by paper or Excel in order to stay on top of things? I believe one of your books mentions using a paper system in order to build a deeper understanding of the process. I currently invest in both Canadian and U.S. value stocks by using James O’Shaughnessy’s book What Works On Wall Street. I perform a quarterly analysis, using Excel, to rank the stocks based on value metrics, sort them into deciles, and then select from the top decile based on a six-month price momentum. So, it seems that I may already be using a type of trend following system for stocks. So far, I’ve been pleased with the results. I look forward to reading your mini trend following course.

Thanks,
Gary

Before you can go jumping into software and data? A first step. Your current strategy? Not trend following.

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How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

• Trend Following Podcast Guests
• Frequently Asked Questions
• Performance
• Research
• Markets to Trade
• Crisis Times
• Trading Technology
• About Us

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.

Feedback in:

Hi Michael,

Just tuned into your podcast 1057. Wow, you do say it as it is and I love the fact that you don’t take any prisoners.

After years of trading, I am no closer to the goal that I set for myself regarding financial freedom. Of course, I have done some good trades over time however I now realize (mainly after reading your words in your books) that I perhaps am my own worst enemy by not understanding the concept of trend. I was simply in and out of trades and didn’t allow the trend to work its magic in my favour.

I would very much enjoy receiving the right steps to take regarding trend following and also your video you spoke about.

Kindest regards

Joseph C.

Email sent!

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How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

• Trend Following Podcast Guests
• Frequently Asked Questions
• Performance
• Research
• Markets to Trade
• Crisis Times
• Trading Technology
• About Us

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.

Feedback in:

Hi Michael,

Thanks for your email. Trend following has piqued my interest and I’m continuing to learn more through your podcasts and books. I’m also not a techy-programming kind of guy but I started learning more about excel and bought some excel courses that I’ve started working my way through. So thanks for the inspiration on that because I’ve been wanting to learn excel for a while and you helped me push forward with this goal.

I had a couple of follow up questions:

1. I’m assuming trend following will work on CFD’s as it does on futures? Say if I want to Trend Trade with brokerages like Oanda, IG Markets or VantageFX. I’m assuming the principles and results should be consistent?

2. The brokerages listed above all use either MT4 or MT5, which is very popular for trading robots. Can I use MT4 and MT5 programming language to program Trend Following programs and run them in Metatrader? I’m thinking if I can use Excel, then I should be able to also use the MetaTrader Language – just want to double-check before I invest time in learning this type of programming.

3. Does everyone who purchases your course trade the same system/rules? Are they getting the same results? Where does the customization come into play, and how does that affect the results?

Thanks again – I appreciate your time.

Jason A.

1. Why CFDs? Read.

2. On software? Read. Trend following rules can be used on Excel.

3. People are not robots. Differing results will come from entry, risk management and portfolio selection variation. That’s normal. Big picture results will be similar, but this is not thousands of people trading the exact same rules at the exact same moment.

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How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

• Trend Following Podcast Guests
• Frequently Asked Questions
• Performance
• Research
• Markets to Trade
• Crisis Times
• Trading Technology
• About Us

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.

Feedback in:

Been listening [to your podcast] about 6 months. Started at #1. Just hit #500. What’s that, about 500 hours? 30,000 minutes. What’s the equivalent of that in books? At least 50. I’ll catch up to current by summer! I know it’s about to get real good because the 2016 election is about to happen. BTW, I worked on Buddy Roemer’s campaign in 2012. He ran for president on one issue: getting big money out of politics. He only accepted $100 donations, which is why he got nowhere. I wish I’d known about you then. He would have made a great guest. He passed late last year. Good guy who I think you would have aligned with on many issues. I look forward to listening to the rest. I still think I loved those early episodes with Mike Shell and Jim Rohrbach episodes the most so far. Good stuff.

Joshua C.

Thanks.

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How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

• Trend Following Podcast Guests
• Frequently Asked Questions
• Performance
• Research
• Markets to Trade
• Crisis Times
• Trading Technology
• About Us

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.

Feedback in:

Mr. Covel,

Thank you for your response and the link to your video. Regarding your question, I am not an active trader. Perhaps your course is not for me. I have made some trades in the past through a retirement account but it was basically guess work and you don’t have to guess the results. I am interested in becoming a more active trader/investor and I’m looking at as much information as I can. I read your book, The Little Book of Trading, and I’m following up on some of the resources and names listed. Thank you for your interest.

Tony R.

My books and podcast alone will put you on the right path.

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How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

• Trend Following Podcast Guests
• Frequently Asked Questions
• Performance
• Research
• Markets to Trade
• Crisis Times
• Trading Technology
• About Us

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.