Author: Michael Covel

Feedback in:

I want to join your Turtle trading course. I went to sign-up but it’s not released yet. I hope it will be released soon (praying soon). My question is will the Turtle trading course and your flagship course help me continue to become a better cryptocurrency trader – in general terms how? Also I have two older trading books on the topic of sniper trading by [name]. Is it possible to implement trend trading with sniper trading tactics for the cryptocurrency market? I’m excited to read your response back. Have a great day!

Respectfully yours,
Maria

Answer: Yes. Why? Start here. Also? No sniper/day trading nonsense. Toss that.

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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Dear Michael,

Thank you. I’ve read and immensely enjoyed your fifth edition book Trend Following – How to Make a Fortune in Bull, Bear, and Black Swan Markets.

So why am I thanking you? I’ve been trying to make sense of technical analysis (imaginary support and resistance, fib retracements and extensions, and what have you) for years and thankfully failed miserably. Further, for almost two decades, I’ve been looking for ways to invest in the financial markets that made sense to me but couldn’t find anything suitable. On the other hand, every single word of your book made absolute sense to me – and hence thank you!

It’s so amazing how trend following concepts are so underrated that I’ve never learned about them until I accidentally came across your book. What makes a bad situation worse is the intentional total disregard of the media of this strategy in their attempt, I would argue, to prop up the buy and hold [read hope] mentality – a strategy that goes hand in hand with the interest of big investment banks and funds that keep chasing investors’ funds to enhance their fees (those same entities that were selling investment products even when they had been well aware that they were failed investments – Charles P. Kindleberger exposes them in his classic book Manias, Panics and Crashes). These very same entities are in charge today unfortunately.

I also enjoyed Larry Hite’s book The Rule which I came to know about through one of your podcasts. From reading his book, you can easily come to conclude how amazing and loving this person is.

I also, thanks to you, read Mark Spitznagel’s book The Dao of Capital. Not a trend following book, but the wisdom in Austrian economics contained in the book is refreshing.

I will leave you with a final thought. As I was reading your book, I was anticipating to read about the trading system (with the pre-conceived idea that, just like other technical “systems”, it wouldn’t make sense to me. By the time I read the last word in the book, I had realized that the system was the investment (and life) philosophy embedded in every word.

Michael – thanks again and if you are ever in Abu Dhabi or Dubai (in the United Arab Emirates), please don’t hesitate to contact me.

Best,

Eyad

Thank you!

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.

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Please enjoy my monologue A Wish with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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I would say this is my biggest challenge.
I haven’t found the strategy that best fit my personality and border restrictions.

How do you fit a strategy to a personality? Impossible. That assumes there is a way to measure your personality and then some group of strategies to pick from to match to said personality.

Right! Michael, Your questions and comments reminded me my first encounter with my NLP coach when I was in my 30’s. On those days, I believed that learning English was not for me that it was difficult. I had a limited belief. Now Chilean and Canadian I know that was a life changing moment. Hei, I’m finishing to listen your “trend following” book. It was quite surprising to hear in your book about NLP. I found you after listening one of your podcast with Mark Minervini. Thanks for your work and your podcasts. I’m currently, in the evening, reading the Q&A of your flagship program. Hope you are safe and enjoying your stay in the east side of this small planet. All the best
Sincerely, Omar

Keep going. Keep diving in.

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:

Hello Mr. Covel,

I really appreciate the emails I have received so far, since they have answered many of my questions. I would also like to take advantage of the 20% discount in order to sign up to your flagship program, as it looks like great value.

Before I do that, I would like to let you know where I currently stand and my state of mind, and get your opinion on how should I proceed.

I have been learning about trading for a long time but have not found a replicable method that is backed by data and actual real life examples until I read your Turtle book.
As an engineer and an MBA, I am fully versed in System Dynamics, Statistics and Finance. Because of this, I fully understand the reason of why trend following works and the discipline that it requires for it to work. I am also aware that:

1. Learning this method will require a lot of practice and a seed investment, both to get right tools and to invest.
2. It will be a lot of dedicated work but I am willing to put in the time to learn and stick to the method.
3. I am not looking for a get rich quick solution but to grow my wealth over a long period of time.
4. My horizon is long term growth over a period of 25 years.
5. I would like to get small but consistent returns month over month.
6. I understand that draw downs are part of the process and I am not afraid of them

Can you please answer the following questions for me:

1. What is the minimum required investment to start trading (seed money)?
2. Are there any additional costs required for trading tools?
3. I was planning to finish your your Trend Trading book first (I am in chapter 5 now) before proceeding to buy the Flagship program. Do you recommend to finish the book first or to proceed directly into the training and why?

I thank you for your time to read my email and answer my questions.

I hope to hear back from you soon.

Henry

Good questions. Answers:

1. Capital.

2. You need price data to trade.

3. Finish the Trend Following book first.

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:

Mike, just finished episode 999. No bullshit, but this is the best podcast on the planet. Absolutely fucking brilliant.

That episode you mean?

That episode made me chuckle. But no, the entire series of podcasts. The range of topics, the no BS honesty, the incredible guests, the humor, the insights. Fucking world class.

Maybe I swear too much…

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’m using Charles Schwab, Robinhood and a few other things and mostly self directed. I’m now wanting to understand Crypto and the new NFT world.

You have a broker. You know what you want to trade. But you have no strategy yet?

I’m 57 years old. I’m a previous 15 year veteran actor and business owner both of which were financial struggles…..On a plan to pay off some debt over the next 4 years. I have two kids in college that I’m paying for. I have a $1000 in a Roth and $1000 in reg IRA. I have $1500 in a Farm-a-Field investment with Cattle (which is of great interest to me). I have a very small Robinhood account, a small brokerage account at Schwab and a small CoinBase account. I work for an ESOP co in the Truck Trailer Auction Business and have $100,000 ish in stock that I can’t touch and has a five year payout at retirement. My wife and I keep our assets separate for now (second marriages) we own our home and she has about $85,000 in retirement accounts. I’m at a point in my life where my main focus is getting debt free BUT I also can through a little money at investments for the future. I don’t want to miss opportunity in the Bitcoin, NFT, and other type risky investments while I’m watching others make huge profits. My interest area’s are Livestock, Agriculture, Ranching, Trucking, Auctions, Real Estate, Farming, Traveling, Boating, Photography, Investing and trying to find platforms I understand or at least have interest in it with my investments.

I live in Charlotte, NC

A great friend of mine turned me on to your stuff.

Thanks

Fred

A good starting spot. Dig in!

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.