Author: Michael Covel

Feedback in:

Hi Michael,

Initially, my biggest challenge was saving up the funds to trade. Presently, I am using TD Ameritrade Think or Swim and have challenges deciding to place stop losses on an order or just use a mental stop loss during day trades. Lastly, exiting a trade too early has been a small challenge as well. For example, I purchased AMD for $55 and sold at $57.47 and shortly after it gapped up to $80. I have gotten over that one and have moved on. I hope to learn more from reading your books and following your podcasts. Have a great day and thanks for your time.

Best
Matthew

I would like to see you go full system like I describe 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:

Hi Michael,

I have read two of your books. A friend told me all about Turtle Traders, so my sons and I have been learning more about trend following.

When I look into the market and hear the financial advisors I leave noting some kind of illogical premise in “buy and hold”. Something is off if you are trying to actually make gains. What’s even funnier is the repeated “you can’t time the market” yet we are preparing for a very timed event: retirement.

I find the financial markets and trend following fascinating. I used to find comfort in the fundamentals. However with all the information I have amassed I’m not anywhere closer to making money.

I still find context compelling though, but certainly not the talking heads, the columnists, nor the aching details of the balance sheet. Most everyone is living the delusion of non-self liquidating debt, and corporations are over leveraged.

When you surf you jump on a wave that has already formed and you get off before it flattens.

Simply stated I am a single mother with very little money. I’m not your best customer as I can not take the course. Trying my hand at turning $1000 into more with all the content that you have given your audience, as well as reading your books!

Looking forward to this newsletter.

Janine B

Wise to dump the fundamentals.

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.

Thanks for the video.

I’ve just only started to dive into Trading and haven’t got any certain approach so far. But I tend to think that trend following is going to be a winning strategy for me because I can understand how it would work. So the biggest challenge here would be how to define entry and exit points through time?

I see it more than timing. 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

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 Scott D. Anthony, a senior partner at the growth-strategy consulting firm Innosight and author of Dual Transformation, The Little Black Book of Innovation, and The First Mile, among several other books.

The topic is his book Eat, Sleep, Innovate: How to Make Creativity an Everyday Habit Inside Your Organization.

In this episode of Trend Following Radio we discuss:

• Innovation
• Living in Singapore
• Organization
• Disruptive Change
• Discovering Opportunities
• Innovation is a Discipline
• Building an Organization

Mentions & Resources:

• Scott Anthony
• Eat, Sleep, Innovate: How to Make Creativity an Everyday Habit Inside Your Organization
• Clayton Christensen
• Scott Galloway
• Singapore
• www.innosight.com/insight/eat-sleep-innovate/
• @ScottDAnthony

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:

To be frank, I am not good in reading / understanding charts. Mostly, I trade with my intuition. It does work most of the time, but profit leads to loss and I exit. Most frequent error occurs to me is whenever I take a second trade and after making profit in the first trade the second one makes loss. I am fed up with myself.

1. Trend following is not about understanding charts.
2. Intuition trading is a bad idea.
3. Read.

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 Trend Following and TurtleTrader with Michael Covel on Trend Following. 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,

Thanks for the ecourse. I have been trading in an Indian stock market for more than 3 years now. I’m not a full-time trader though. I have studied value investing in my initial stage of investing. But then I realized that it is not quite a logical idea to do value investing without actually going to the field to understand the company. I have to do primary market research, do talk with top management of companies to understand their vision for the company, do competitive analysis, basically do understand the moat and float of the business. I have to do it continuously because fundamentals can change any point in time. It was not possible for me to be a part time trader and having a full-time job. So I started reading about technical analysis and other technical tools like Gann theory etc. But I actually couldn’t find all these things much interesting and couldn’t trust these tools. During this time I found that ultimately it is data on which we should rely upon. I also studied and tried and backtested many strategies like buy the dogs, alpha trading etc. I found those things really interesting and am actually working on it right now. I am also learning option trading as I think it is the best tool to hedge the portfolio and limit the drawdown. The biggest problem I’m facing right now is to decide on my type of investment style. I want to talk to someone who can give me a direction through which I can figure out my investment style based on my mentality, goals, future planning and maybe some other parameters.

Thanks and regards,
Jay B.

Gann? Run away from that. Dive into trend following here and here and here and here and 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.