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Feedback in:

Dear Mr. Covel,

I am a fan of your podcast and have been learning a lot from it – not just about trend following. I recently read The Little Book of Trading and am now reading your excellent book Trend Following. It has vastly increased my knowledge and understanding of trend following. I greatly appreciate this excellent book. Thank you so much for this book and your podcasts! I have decided that I would like to invest with a professional trend follower. You mention several in your book. I have begun contacting these companies to possibly invest. Would you recommend any other resources or guides to choosing a company with a professional systematic trend following strategy?

Thank you,
Diane W.

Beyond all of my books and podcast (for company names), I recommend my training for those seeking to be a trend follower or for those who want to invest with a trend follower. See: 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:

Been reading the Trend Following book, but still looking for more to see where there is the conversation on how to identify trends. I am a patient programmer who can stick to a system. Since I am not interested in technical analysis beyond the scope of identifying trends and certainly not interested in keeping up with fundamentals, I thought this might be a good avenue to learn how to trade. Just looking for something more than telling me why trend following is good, I already am sold on that. I need to learn how to identify trends, backtest them, and put them into action when I am comfortable in doing so.

Thanks,
Steve F.

There is a sample system in my TF 5th edition book. In my TurtleTrader book too. Then there are a lot more systems and courses: here too.

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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 Tom Basso, a renowned hedge fund manager, the founder and former president of Trendstat Capital Management, and the chairman of Standpoint Funds. Known as “Mr. Serenity” for his disciplined, calm trading approach. He has helped clients worldwide with his expertise in stocks, bonds, options, commodities/futures, and FOREX. One of several traders featured in Jack D. Schwager’s New Market Wizards, Tom now runs his own website.

The topic is his book The All-Weather Trader: Mr. Serenity’s Thoughts on Trading Come Rain or Shine.

In this episode of Trend Following Radio we discuss:

• Retirement
• Strains in the system
• Political, cultural, societal
• Capital risk reduction and diversification
• Money management
• Trend following

Mentions & Resources:

• Tom Basso
• The All-Weather Trader: Mr. Serenity’s Thoughts on Trading Come Rain or Shine
• Tucker Max
• Ben Carson
• Jim Simons

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:

Hi Michael,

I have difficulties with the time I can afford to trade. The main trading hours are the same I am working every day at my job in Hungary, so it is hard to make money from the slow period. Besides that I have a small account which gives not so much room for me. But I think the biggest challenge is the mental attitude that is hard to beat during trading!

Wish you a good trading day,
Vilmos T.

If you can’t get the mental side down, you will have trouble. Read.

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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

Please enjoy my monologue The Right and Wrong Way with Michael Covel on Trend Following Radio.

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:

I am moving from a fundamentalist approach to trading. In my search to prep and get the basics, I started reading: The Battle for Investment Survival, Trend Following, Market Wizards, How I made $2000000 and still ahead The Little Book of Trading, Reminiscences of a Stock Operator, and The Complete TurtleTrader. I feel like I need to first ground myself in the philosophy, rules, and mindset before diving into technical aspects.

So I encountered your work and then the Turtle site and decided to dive in.

Have a great day!

Wojciech B.

More below. Keep diving!

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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:

Dear Michael,

I appreciate your personal interaction and I am eager to hear your answer.

Maybe a little background from my side:

I am 38 years old, have a small family, situated in Germany and want to take my investments into my own hands, since I have no big faith in (investments) banks anymore due to some bad experiences. I have an academic research background and am fond of the idea of seeing investing from such a perspective, which is probably why the strict and rule orientated “Turtle Trading Strategy” caught my attention.

My goal is financial goal is two-folded. I want to have a defensive part in my portfolio for my retirement, which gives me about 29 years until I want to extract money from that part. The other part of my portfolio can be more risk orientated and is subjected to a short term (2-5 yrs).

About a year ago I wanted to get to know more about the financial market and how to best invest in the stock market. I have started reading financial news websites, bought trading magazines, searched the web etc. But, most of the stuff you read is about fundamental analysis. This “strategy“ really doesn’t catch me at all for two main reasons:

1. Excessive subjectivity on fundamentals of any given company
2. I do not have the time to read all that stuff having a 9 to 5 job and a family

During the course of my research, I came to the conclusion that either momentum and/or trend following strategies seem to be the best suited trading strategies for me personally.

So to be honest with you, the biggest challenge I am facing with my trading is that I have not started investing in any kind of strategy yet because of two reasons:

1. I haven’t found any strategies that give people like me (rookie with no substantially huge budget) the opportunity to try to take my first steps in investing without risking too much money.
2. I don’t fully understand many of the financial terms used, which is why I do not grasp the idea behind some methodologies.

I really wonder what your answer on this will be (if there will be any).

Best regards,
Raphael B.

Start below. All links.

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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.