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“How they manage their positions to maximize their returns…”

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Dear Michael,

I hope this email finds you well.

I am writing to you today to seek your guidance on a challenge I’m facing in my trading journey. I am confident in my ability to identify entry points based on my strategy and successfully enter trades. However, my main struggle is with holding onto a trade to capture the majority, or even a significant portion, of a trend. I often find myself exiting too early and missing out on further gains.

I would be extremely grateful for any insights or advice you might have on this matter. I am particularly interested in learning from the experiences of great traders and how they manage their positions to maximize their returns.

Thank you for your time and consideration. I look forward to your response.

Best regards,
Masood

If you only have an entry you don’t have a system. Any of my books would set you on the right 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.

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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.

“I like your idea of benefitting from the tails of the bell curve…”

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I’m not going to start until I’ve read all your books.

And I won’t bombard you with questions until then.

It would be rude to do so!

I’m enjoying the Little Book of Trading now.

I like your idea of benefiting from the tails of the bell curve.

Trend followers are fat tail feeders.

If they do it well, they become fat fat tail feeders.

I’ll see myself out!

I am ready to help 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.

“How complex should it be? Should I include many indicators, volume…”

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Hi Mr. Covel,

Im Joao, a 34-yo Brazilian living in Germany. I have worked corporative finance related jobs my whole life and recently discovered my true passion: trading. Trading has always interested me, but social-economic conditions did not allow me not to have a stable job. But three years ago trading came back into my life, and I was certain that the journey was only beginning.

I have big fascination for the markets and price action and have been studying it for the past years. Started as a short-term trader, I have matured against the short-term hits of pleasure and dopamine and am now, for the past several months, focused on the high time frame. Recently I started dedicating my studies towards trend following, and even started to code an algorithm in Python to help me backtest trend following strategies in the crypto market. So far I’ve only been using crypto data, as it is free and easily available.

In the last weeks I’ve been discovering a whole new world, systematic trend following, and it’s been extremely fulfilling and eye-opening – I have absolutely no doubt that this is the correct way for me, and feel very excited and fortunate to have had the chance to find this path. Nevertheless, I’m just starting to tip my toes in the world of strategy building / testing, so am looking for guidance in building my strategy – how complex should it be? Should I include many indicators, volume, etc? Or a simple moving average on the daily + a weekly filter should suffice?

At the same time that I feel a bit lost acknowledging how much info and trials and errors I have ahead of me, I feel extremely excited and grateful when I look back e realize how much I have evolved already. I’m sure I’ll become a successful trend following trader, it’s just a matter of when I’ll get there. I’m extremely disciplined and have a very strong work ethics. All I need now is a bit of guidance to show me the path and, if I’m lucky enough, a feel shortcuts in this amazing journey.

Thank you very much for all of your valuable contributions – I discovered your podcast this weekend and have been listening to it non-stop. I just found out about your book, and will order one immediately.

I hope you’re having a lovey summer.

Kindly,
Joao T.

Great. I am here to help on your journey.


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.

“I want to recognize uptrends, downtrends and sideways movement…”

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Dear Mr. Covel,

I just read your book and am hereby sending you my receipt in order to receive the presentation. The book was great and I absolutely loved reading it. It inspired me to start back-testing my own trend following strategy over mulitple assets.

Do you have any advice on which parameters to use in order to create a robust trading algoritm?

I want to recognize uptrends, downtrends and sideways movement. The sideway corridor seems especially important in order not to get a buy, sell or short signal every day.

Also I was wondering if the stoploss strategy differs from asset to asset or is it always similar?

Thank you for your time!

Kind regards,
Jeroen H.

There is no one perfect parameter. First step? Have a system. Then you can test.


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.

“I was feeling down about the drawdown and started looking at testing things…”

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Hi Michael,

Just wanted to shoot you an email! It’s been such an interesting ride so far in the trend following world. About a month ago, I was feeling down about the drawdown and started looking at testing things like regime filters and all other nonsense and it hit me like a truck that this is exactly the moments you stay faithful to your system and just let it do its thing. It’s such a fun experience and I’m embracing everyday!

Hope you’re having a great day and continued thanks for such great podcasts!

Respectfully,
Joshua M.

Welcome!


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.

Ep. 1352: Laura Ries with Michael Covel on Trend Following Radio

Laura Ries
Laura Ries

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My guest today is Laura Ries. Laura is the chairwoman of Ries Positioning Pioneer, and a world-famous positioning consultant. For three decades, she has helped clients to position their brands in the mind of consumers for business growth.

The topic is her book The Strategic Enemy: How to Build and Position a Brand Worth Fighting For.

In this episode of Trend Following Radio we discuss:

  • Essence and history of positioning
  • Role of the strategic enemy in branding
  • Impact of AI on personal branding
  • Risks and rewards of brand extensions
  • Case studies of successful and failed brand strategies

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