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Feedback in:

Hello,

I’m Myungseok [name] from South Korea. I happened to come across your book and I’m one of the people who really enjoy trading. I also find your podcasts very interesting. Even though I’m not fluent in English, I find them more informative and useful than many podcasts from the U.S. or YouTube. Of course, I lost all the money I borrowed, around 30 million won, due to margin trading, which was a terrible experience.

I have a question, so I’m sending you an email. I read the book, but there was hardly any mention of leverage, just advice based on situations. Could you please explain more about this?

I always end up getting liquidated due to margin trading and being greedy, so my money doesn’t grow.

Currently, I have a portfolio allocation of 60:40:
60 consists of mostly dividend stocks like Hyundai Motors and half-half with Bitcoin trading
40 consists of holding dollars (cash) and Bitcoin spot

I started Bitcoin futures trading with $676 on January 2nd, with a +2.47% return in January, +36% in February, and currently at +58% in March. Now $1087

I have been steadily reinvesting profits to increase the quantity. Of course, I’ve also taken losses by shorting against my principles due to greed and speculation. Now I understand the importance of holding profits for the long term. Thank you.

Now, back to the main point, I’m curious about how to handle leverage. Personally, I’ve decided on a maximum of 2.5x leverage for long positions and 1.5x for short positions, considering the downside risk. I understand that leverage is subjective, but I’m wondering if there’s any common wisdom on this.

네이버.

If you want trend following the links below will get you started. Leverage is part of the plan from the ground up, not some one tip I can give.

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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.

Subscribe to Trend Following Radio on iTunes

My guest today is Brian Klaas, an expert on democracy, authoritarianism, US foreign policy, American politics more generally, political violence, and elections. He is a political scientist, contributing writer for The Atlantic, and an associate professor in Global Politics at University College London. Klaas has advised governments, US political campaigns, NATO, the European Union, multi-billion dollar investors, international NGOs, and international politicians.

The topic is his book Fluke: Chance, Chaos, and Why Everything We Do Matters.

In this episode of Trend Following Radio we discuss:

• Chaos and order in shaping life outcomes
• Deterministic models in economics and forecasting
• Decision-making
• Acknowledging radical uncertainty
• Influence of humor in political decisions
• Unpredictable nature of political outcomes
• Evolutionary theory’s relevance to human choices
• Long-term trends vs random events in shaping politics

Mentions & Resources:

• Brian Klaas
• Brian Klaas’ Website
• Fluke: Chance, Chaos, and Why Everything We Do Matters

Listen to this episode:

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

Jump in!

Subscribe to Trend Following Radio on iTunes

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

Listen to this episode:

• Listen to this podcast on iTunes. (Please leave a rating!)
• Listen on Spotify.
• 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,

Love your work. I read your trend following book a while ago. Following up here to request the video mentioned at the end of Friday’s podcast.

Many thanks in advance,
James

Thanks! Video sent!

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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,

I agree, people can’t be bothered to seek out educators like you, read your content and your emails and think about what you are saying. It comes down to most people being lazy and when they do work hard it’s in the wrong thing. When I was guarding the Royal Family at Windsor Castle we would often have people visit that were way above the level of normal wealth. I remember one chap who came to a charity bash with his wife, I asked him if he enjoyed the show and he mentioned that it was on form and £20,000 per plate, so for two people that was 40k for a few hours of entertainment! When you spend time with these people you realise that they are not more intelligent, but they are certainly not earning their money from a normal job. I think instead of wanting to join them most people tend to exclude themselves and deride the success as luck or even worse, skulduggery.

I’m enjoying your emails and copying the content into PDF form for my studies.

Thanks,
Jason L.

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:

Love your podcast, Michael. The people at Dunn recommended your book which I also devoured. You’re partly responsible for my embracing trend following for my retail clients. It has made a significant difference. Thank you. Please send your video. I look forward to it!

Michael M.

Thanks. Check your in-box!

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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 would like thank you for all these years of podcasts (listened to almost all of them, some twice or even more), your books (read them all). You really do a great job here!

I would love to see the new 60min video!

Congrats and thank you from Brazil!

Paulo J.

Video is in your in-box!

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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.