Author: Michael Covel

Feedback in:

Hi Mike,

I plan to use moving average crossover as my entry signal and will exit the position if the averages cross back after backtesting. I intend to manage my position size to a 1% risk of my total capital, utilizing the Average True Range (ATR) for this purpose. My strategy involves taking profits when the moving averages cross back or if the price closes below the moving averages (trailing stop). I won’t be using candle or pattern analysis, nor will I consider support or resistance levels in my market analysis.

Given this approach, would you consider me a trend follower?

Khalid

I teach a more involved method than this. More issues like money management and portfolio issues.

---

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 sir,

I’m just a passionate trader from Ho Chi Minh. I just want to say that your book has changed my perspective in trading. I was following the global macro approach for a year now just to find that the predictive approach is quite hard for anyone to be consistent over time. Now I’m on the process of building my own automated trend following systems and just a surprise for me that you are also living in Saigon. Hope that in the future I can have the chance to meet you in person to discuss more with you about the method.

Ok!

---

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:

Sir,

In your last podcast you mentioned you had your come to Jesus moment with AI. Could you share a little more of what you discovered. I am one of those who is extremely skeptical of AI too like you were. Just curious what you saw or learned that changed your thinking or opinion of it.

I also have to say your podcast on data March 7, 2024 was the best podcast I’ve ever heard and I share it with everyone that I know. When I listen to that podcast, I must’ve listened to it five times over and over and over. I just wanted to say thank you for putting that podcast together as well.

Thanks,
J. P.

One reason.

---

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:

I saw your podcast on Spotify and am interested in becoming a trend following trader. If you don’t mind I will be pleased to receive the guidelines and your video to become a trend follower from you at your earliest convenience, thanks.

Egbo B.

Sent!

---

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.

Subscribe to Trend Following Radio on iTunes

My guest today is Kurt Gray, a social psychologist, researcher and teacher. He uses interdisciplinary methods to study our deepest held beliefs and how to bridge moral divides. Kurt is a Professor in Psychology and Neuroscience at the University of North Carolina at Chapel Hill, where he directs the Deepest Beliefs Lab and the Center for the Science of Moral Understanding.

The topic is his book Outraged: Why We Fight About Morality and Politics and How to Find Common Ground.

In this episode of Trend Following Radio we discuss:

• Political and cultural polarization in America
• Sources and perceptions of morality
• Finding common ground between ideological divides
• Influence of institutions (media, universities, religion) on shaping morality
• Homogeneous and pluralistic societies

Mentions & Resources:

• Kurt Gray
• Outraged: Why We Fight About Morality and Politics and How to Find Common Ground
• Moral Understanding Newsletter

Listen to this episode:

• Listen to this podcast on iTunes. (Please leave a rating!)
• Listen on Spotify.
• Libysn RSS.
• Download as MP3 by right-clicking here and choosing “save as.”
• Free Video.

Jump in!

Feedback in:

Hi Michael,

I am writing an algorithm to run autonomously. I want to use the 2-minute time frame to make the travel smoother to follow. Below are my questions on 2 issues I would really love your suggestions. I have read your Trend Commandments and The Rule by Hite. I have enjoyed reading both of them.

Question 1: Who would be the best person that could train me in using Bayes’ Theorem?

Question 2: Example: when following a strong trend, what is the best way to handle a possible directional change?

• Wait for 3 price bars to form, i.e., test, test, and retest, then jump in? Example: price bars with higher lows and higher highs, then jump in on the uptrend?
• Moving average lines, i.e., 19-day, 50-day, 200-day.
• RSI, Relative Strength Index over 70 and/or under 30. This would not catch the in-between 30 and 70 numbers.
• MACD Lines with Graphs.
• Use the 15-second and 30-second price bar development time frames to get the indication?
• Use the Level 2 on Think-or-Swim? Buyers versus sellers?
• What are the best OBSERVABLE FACTS that could be used to move on a change in the direction of the price bars, i.e., trend change?

Thank you very much,
K. H.

This is not trend following. I would not recommend your outline. Run from a 2-minute time frame.

---

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:

I struggle most with developing a stable trading strategy. I’ve taken several courses over the last year and signed up with a trading academy for $3000 plus $49 monthly for live training. I’m also looking at CEF investing as well.

Appreciate it,
Ebert M.

Start here.

---

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.