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Good evening Michael,

I’m sure you’ve seen the headlines, but Silvergate Bank and Silicon Valley Bank (SVB Financial) have been interesting to watch over the last few days.

Professional analysts kept saying the “fundamentals” were apparently strong on both of these companies and we can now see how these numbers were not telling the whole story. These numbers were not to be trusted.

The market price; however, has been flashing sell signals for both companies since early 2022 and has been providing a clearer picture of the market’s view on each company.

Silicon Valley Bank (SIVB) has dropped from around $600 in March 2022 down to its current halted price of $106.04.

Silvergate Bank (SI) has dropped from around $120 in April 2022 down to its current halted price of $2.25.

Market participants using price as their sole indicator had multiple opportunities to make some great money or at least exit before the bottom fell out.

Indeed. You get it!

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Hi Michael,

Thanks for the insights. I have been exploring your site quite a bit. I am reframing my ideas about holding periods/timeframes and win rate required to make consistent money in the market. Just trying to get my head around how long the small losses might accumulate before winning trends kick in (based on a comment from one of the Turtles, that they usually made most of their money for the year in 3 weeks) to gauge capital and other income requirements.

Robert K.

Dig in 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.

Subscribe to Trend Following Radio on iTunes

My guest today is Nolan Bushnell, the inventor of Pong and founder of Atari. He is rightly considered the father of electronic gaming. Nolan has founded more than 20 companies. He has worked in many fields, including personal computers and robotics. At the very least, he has revolutionized entertainment in public and at home. He continues to do so in his most recent company, ExoDexa, a company that uses video game technology in educational software.

The topic is entrepreneurship.

In this episode of Trend Following Radio we discuss:

• Entrepreneurial decision-making
• New venture growth and failures
• Capital, resources and organization
• The value of innovation
• Defining vision and strategy
• Flow state in entrepreneurship
• The impact of technology
• Scalable startups and social entrepreneurship

Mentions & Resources:

• Nolan Bushnell
• Arthur Rock
• Robert Noyce
• Steve Wozniak

Listen to this episode:

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I lost in vain years until I found the idea of trend following. I use Bollinger Band 20 period penetration signal with adx rising for 2 bar and the MA for trailing stoploss. I often trade H1 H2 H4 and use market order on close candle price, it put me on the road to recover. I code and size position 0.5-1% auto but when I backtest on markets, some have great results and some don’t. I listen to some of your podcast and still don’t know how to diversify and what market trend. Which one should I trade? I want to improve my strategy cause I find that market volatility affect my entry point a lot. Is there any way I can bring multi time frame in to improve my strategy? Thank you.

Dũng P.

Candlesticks?

Hourly bars?

Not trend following at all.

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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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Hi Michael,

I’m wondering why I have been led to believe that technical analysis and the many chart indicators were the be-all and end-all of trading.

I’ve enrolled in several systems and advisory schemes over the past few years and have now started reading a couple of your books.

Chris N.

It’s a decades long scam. Not new.

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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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Michael,

I am only 8 chapters into your book Trend Following and I am hooked. I was unaware of trend following at all until a month or so ago. A good friend asked me if I knew anything about it. I did not but was interested so I bought your book. I am a commercial lender by trade and a partner in a home building company. We have had several good years now. I have never traded much at all for my own account but often given it serious thought. I believe I am at a place in life where I can dedicate serious time to the endeavor. Just tonight, I googled up your website for the first time and have spent the last hour looking it over. I would like very much to start learning your system. My question is this: Should I finish reading your book and others before starting your course? I thank you in advance.

Jeremy R.

You can start any time.

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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 Trend Following Masters 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.