Author: Michael Covel

Feedback in:

Hi Michael,

My biggest challenge has been generating consistency in my trading profits.

Hugh C.

I don’t know of a consistent profit strategy. Interest rates don’t exist. Read the FAQS.

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 Martin Lindstrom, a well-known international management consultant who routinely sees various kinds of “corporate constipation” all over the world. The author of several New York Times bestsellers – his eight books have been translated into sixty languages. Lindstrom is among the “world’s 100 most influential people” (Time magazine) and the “world’s top 20 business thinkers” for 2020 (Thinkers50).

The topic is his book The Ministry of Common Sense: How to Eliminate Bureaucratic Red Tape, Bad Excuses, and Corporate BS.

In this episode of Trend Following Radio we discuss:

• What is Common Sense?
• Creativity and Screentime
• Losing Creativity
• Obsession of Selfies
• Common Sense and Empathy
• Ability to Have Empathy

Mentions & Resources:

• Martin Lindstrom
• The Ministry of Common Sense: How to Eliminate Bureaucratic Red Tape, Bad Excuses, and Corporate BS
• Bureaucracy
• Google
• Lego
• Artificial Intelligence
• @MartinLindstrom

Listen to this episode:

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

Jump in!

Feedback in:

Hi Michael,

I’m reading your book now. I have been trading fake money on a virtual stock app since the start of the pandemic in the US. Of course my fake money doubled and I want to see what I can do with real money. I’m most concerned about the right time to enter the market. There’s prediction that with a change in government the market is going to bust. Your insights and expertise have been so helpful.

S.

I see it more than when to enter. A lot more. You need:

• Exact rules for selecting your tracking portfolio.
• Exact rules for entering your trades at the right time.
• Exact rules for exiting your trades with a loss.
• Exact rules for exiting your trades with a profit.
• Exact rules for how much money to bet on each trade.

See my FAQS too.

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

Please enjoy my monologue The Brad Rotter Crypto Call with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

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

Want to learn more Trend Following? Watch my video here.

Feedback in:

Hi Michael,

I have just finished your Trend Following book and thoroughly enjoyed it! As a Mathematical Economics major I love working with patterns and love studying the markets.

The most significant challenge I have faced with trading is having a consistently profitable strategy that beats the market even after taxes. I definitely agree that Trend Following is the way to go with trading. Even before I read your book I was convinced that there is a way to make a lot of money that does not involve blindly putting your money into an Index or having to day trade. Therefore my biggest struggle is developing a system that is consistently profitable.

Thank you for the great book!

Chris J

Thanks for the nice words, but consistently profitable is not the path. Consistent is not how markets work. Trend following benefits by accepting the reality of inconsistency.

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 Michael,

My biggest challenge is having the confidence to start and believe I can be successful at this. I am in week 4 of an online stock and futures trading course and I’m a bit frustrated that I’m struggling to understand it all; ie Elliot Waves, Fib extensions/retracements, etc. I’m fairly accomplished in my current carrier and I feel the skill set is similar to what I have done in my current job. I think I just need to have patience and work through the frustration until it clicks. I just purchased the audio version of your book, The Complete Turtle Trader, and looking forward to listening to it as well as reviewing the TurtleTrader website.

Regards,
Luis D

“Elliot Waves, Fib extensions/retracements”

Those three things will leave you broke. Like dead broke. Guaranteed.

An alternative is 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.

Feedback in:

Mr. Covel,

Morning! I’ve recently began my journey into the trading world by following Ian Dunlap. He recommended your book Trend Following as 1 of 4 recommended books to read. My biggest challenge so far is the tremendous amount of information/noise out there and trying to decipher what’s real or not. This has kept me from jumping in the past. I’m now older and feel ready to commit and have the discipline to learn and execute. I look forward to learning from you.

Thanks for your time.

Sincerely,
Jay

#trendfollowing is a path.

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.