Subscribe now and watch my free trend following VIDEO.

Blog

Ep. 1134: Derek Lidow Interview with Michael Covel on Trend Following Radio

Derek Lidow
Derek Lidow

Subscribe to Trend Following Radio on iTunes

My guest today is Derek Lidow, a professor of practice at Princeton University, author, speaker, entrepreneur, former CEO and founder of iSuppli, and former CEO of International Rectifier. Lidow is author of three books: Startup Leadership: How Savvy Entrepreneurs Turn Their Ideas Into Successful Enterprises, What Sam Walton, Walt Disney, and Other Great Self-Made Entrepreneurs Can Teach Us About Building Valuable Companies, and THE ENTREPRENEURS: The Relentless Quest for Value.

The topic is his book The Entrepreneurs: The Relentless Quest for Value.

In this episode of Trend Following Radio we discuss:

  • Being an entrepreneur
  • How technology evolves and its complications
  • The entrepreneurial perspective
  • Adverse consequences
  • Venture Capital
  • Capitalism

Mentions & Resources:

Jump in!

“I’ve been burnt too many times in the past trying to buy the dip…”

Feedback in:

Mike,

You have been a tremendous influence in my trading. I love all your great content/podcast and my favorite one is “Be with the trend, enjoy the ride” (as Tom Basso would say). I’ve been burnt too many times in the past trying to buy the dip for a bounce and the recent quote you shared from Paul Tudor that “Losers average losers” hits it on the nail.

Appreciate all that you do for the trading community.

Ranjan O.

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.

“Thank you for talking straight with no bullshit…”

Feedback in:

Michael,

Thank you for talking straight with no bullshit. It’s refreshing and needed.

Thank you also for putting Trend Following in context for me which continues to make a difference in my trading.

Happy Holidays!

Mike C.

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. 1133: Professional with Michael Covel on Trend Following Radio

Episode 1133
Episode 1133

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Professional with Michael Covel on Trend Following Radio.

Listen to this episode:

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

“I tend to be late to the trade…”

Feedback in:

Michael,

When I identify a trend and take a long or short position as a result, I typically get stopped out with a loss most of the time when the trend reverses or fails. I set stops at about 10% for new positions. I tend to be late to the trade, so I must be identifying the trend too late. When I do find the stock I purchased or shorted goes in favor of my trade, often I sell/cover too soon and miss out on capturing much larger gains.

Lance S.

This not a wise strategy. 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.

Also see my FAQS below.


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 to become consistent in every move you take…”

Feedback in:

Hi Michael,

My biggest challenge is to find a consistent routine in trading. There are so many opportunities out there and so many strategies, indicators, and so on. It is so easy to get distracted. How to become consistent in every move you take?

Thank you that you are doing all this great work and publishing so much valuable information.

Best wishes,
Roman B.

Start with my FAQS below. Remember. You can see the trend following proof. Where is the proof for other “strategies”?


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.

“Trend following is the way to go and stops are vital…”

Feedback in:

The thing is I enjoy your views. Yes, trend following is the way to go and stops are vital! I have been a market analyst for over 50 years and a system developer for around 30 years.

Best wishes,
Dennis

Thanks for the note!


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.

Learn to be a trend following trader. Sign up free today.