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My challenge [on trading] after 13 years of consistent failure to make money is to convince myself that I can win. So much depends on it (not my personal well-being!).

Charles G.

What strategies do you use?

Way back 2009, I started with a local (Melbourne) acquaintance trading 5 minute charts. He seemed to know what he was talking about and claimed to be making money. He ran a 2 week course for his friends— some mutual and I tagged along. No charge. Nobody made $ but I had caught the bug. Then I used/tried Bill Poulos various intraday methods. Bought lots of his DVDs + book courses. Couldn’t win. Lost a few hundred grand. Then tried Justin Bennett (Daily Price Action). No luck. More losses. And there were one or two “cowboys” along the way and lots of books. All favoured trading with the trend as I recall. Their methods all had their names – some proprietary – but all used the standard terminology for candlestick patterns and trigger bars. About 20 months ago I was hit by a car while riding my motorcycle and that triggered a heart issue resulting in open heart surgery. Didn’t do much trading after that— lack of energy, memory issues but motivation after years of no success also plays its part I’m sure. I’m now “getting back on the horse”. Body is good – and hopefully the brain!

You probably didn’t need all that but, what the heck, this time we win!

I would ditch all of those trading “techniques” and go trend following.

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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 Mike,

Just wanted to reach out with a brief introduction and some feedback and suggestions.

I am a regular guy with a regular job from Australia that has a keen interest in continually improving my investment performance and other aspects of my life.

I came upon your work and website about a year ago, most likely as a result of your work on the Turtles, and purchased the Complete Turtle Trader and Trend Following. Both were great reads and remain regular references in my evolving journey moving forward.

I also am a subscriber to your Trend Following Podcast, listening to the recent releases as well as trying to work through the years of archived material. The monologues have recently become my favourite— leaves me pondering and reflecting on particular issues around us.

Your work has been very educational, inspiring and motivating. I have the learnings to confirm changes in direction in not only my trading direction but also personal life. I am looking at developing a lifestyle that will allow me to be more nomadic and portable— currently researching, preparing and working to make the necessary changes in the foreseeable future. My tickets to Vietnam have recently been booked. I will check out Ho Chi Minh and perhaps Da Nang, Hoi An and Nha Trang on this occasion and prepare for a much longer excursion next year back to Vietnam and several neighbouring countries. I have been thinking about it for some time and finally pulled the trigger when I saw the opportunity.

I always ask myself “If not you, then who? If not now, then when?”.

You often speak about serendipity being one of your favourite words. And indeed it is. Word and meaning.

I have recently come across a word that I found interesting in many aspects of life. Sophistry or Sophism.

Perhaps you have seen the following [links]. They may be of interest to you as future content for a podcast.

1. https://www.gurwinder.blog/p/why-smart-people-hold-stupid-beliefs
2. https://www.nationalreview.com/corner/against-idea-laundering/
3. https://https://www.nationalreview.com/corner/against-idea-laundering/hikinginthelight.us/the-danger-of-idea-laundering-mein-kampf-and-social-justice/

I hope this email makes it directly through to you and in its entirety. Thank you for your work and contribution and impact in my journey and I look forward to your ongoing work.

Kind regards,
J. R.

Thanks for the great feedback.

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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 No Targets with Michael Covel on Trend Following Radio.

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

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Hi Mr. Covel,

I’m not sure if you are bot or real human.

I’d like to share the biggest challenge [on trading].

First one, I don’t know what’s the best trading way. There are kinds of winners— day trader, long-term trend trader, fundamental trader, technical trader. And there are so many tools, charts, indicators. It looks like all of them are effective. I have read Schwager, Larry William and John Murphy. The more I read, the more confuse I am.

Second one, I trade with fear and regret to lose, and then regret to miss the chances.

Could you please tell me the secrets of winner?

Sincerely,
Feng

Trend following is where you want to be. You are not there yet. Explore all of my links below!

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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’m thrilled to finally enroll in your trend following course! I’m both excited and a bit nervous to dive in. After spending a lot of time on YouTube listening to what felt like unreliable “stock gurus” who promised unrealistic returns, I wasted both time and money. Thankfully, I believe I’ve finally found a trustworthy course that can genuinely help me reach my goal of financial independence.

I truly value your expertise and see you as a mentor who can guide me through the complexities of stock trading. I’m eager to learn and would be grateful for your full support and guidance as I move forward.

Thanks again
B. U.

You are welcome.

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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:

The biggest challenge I have faced in trading is only taking small positions. I have been trading for 20 years off and on, I started in college without much money. Risk and allocation continue to be the biggest challenge.

Thanks,
Dan S.

Time for a system. Start here.

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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 Mike,

Reading through the FAQs this morning, and wondered if you could expand on this one:

Q: Can your courses and systems be applied to shorter time frames like hourly or 4-hour charts? Does day trading work in conjunction with trend following?
A: No. Day trading is fool’s gold. Michael’s systems and courses will be worth millions to you over a lifetime.

I can understand why people ask the question – it seems logical that shorter term trends ‘ought’ to be tradeable in the same way as longer term trends.

I’m now retired and giving serious consideration to the Trend Following course(s) come autumn (fall) so that I can manage a retirement account, spending a limited amount of time daily managing with daily charts, or possibly a limited amount of time weekly with weekly charts.

Assuming I managed to master the Trend Following course successfully, as I have time available to monitor markets intraday, it would seem to make sense to maximize the benefits by applying that knowledge to shorter term trends with a separate trading account, as a way of using available time to generate additional returns/income, instead of looking for some other completely novel way of generating additional income.

Hope this makes sense.

Regards,
Malcolm U.

Intra day trading is a different animal. It’s not trend following at all. You don’t get the chance to ride the massive trends that can go on for months. And transaction costs kill you. Given all my work on TF I don’t see any logic in the short term trading pursuit.

Timeless wisdom from a legendary TF: https://www.trendfollowing.com/2005/03/01/seykota-on-short-term/

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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.