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“I first attempted day trading and quickly realized that it was not for me after a few thousand dollars…”

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I am very new to trading, I first attempted day trading and quickly realized that it was not for me after a few thousand dollars and not even one return that would cover the broker fees, and certainly was not my plan. I’m 45 years old consider myself intelligent, well let’s say I know I have common sense. And I’m modest. I’ve worked in civil construction for the past 18 years starting from a laborer, and now a superintendent. I hate it always have. In the past 3 weeks I’ve discovered that the market is very exciting, weird maybe. But I can watch charts all day and smile while I’m losing money I can only imagine how much I’d enjoy it if the table was turned, which is why I’m now here, after searching for books on trading, day trading, swing trading fundamentals & technical analysis. Then I saw yours, never heard about it with all the googling I’ve done so thought I should check it out. So far, glad I have. So to answer your question, I’ve discovered my biggest challenges with trading thus far and it has only been 3 weeks. Volatility, but it’s not the up and down that bothers me it’s the unknowing of its return. But it is not my concern as I feel with more time that will go away. Maybe you hear this a lot but I feel my traits fit the job well, I do not overreact, and I deal with stress and decision-making in high-stress moments extremely well. I’m not full of myself, and I’m logical. So I think really my biggest challenges are finding the right trades to make, knowing when to buy with confidence! And that is mostly is CONFIDENCE. In life, I have always been good at everything I’ve shown interest in. Top of the class. Good at it! I’m very interested in trading. Wish I did it 25 years ago. And if I can get good with confidence before I run out of money which doesn’t give me much time. Anyways, I look forward to hearing back if you do actually read these. Maybe you have a job for me learning this extremely fascinating trade.

Thanks for your time
Matt

Toss all info on day trading, swing trading and fundamentals. There. I just saved you a fortune.


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.

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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. 1073: Switch to Trend Following with Michael Covel on Trend Following Radio

Episode 1073
Episode 1073

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

Listen to this episode:

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

“I already own a moderate amount of the Dunn Capital Trend Following Fund…”

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I am an investor mostly. “Trading” is limited to occasional options purchase. I already own a moderate amount of the Dunn Capital Trend Following Fund. Looking to understand more after listening to a Tim Price article on the firm Price Vale Partners regarding trend following and reading his book “Investing Through The Looking Glass”. Gathering information now as I have great concerns about the investment future.

Garry M.

A great trend following resource collection.


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.

“I align with the philosophy so just seeking to learn the rules and language of this…”

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My biggest challenge is simply the next step in my learning process. I am a complete newbie to trading and know nothing but want to start paper trading to get my feet wet. I have been looking at different trading strategies for the past several weeks (day trading, swing trading) and after listening to The Impeccable Podcast (he is a trend follower) and there was a reference to the turtles, I eventually came across you and actually just listened to a couple of your podcasts. Jerry Parker’s story was inspiring! As a former professional baseball player who loves process and the discipline required to perform according to a plan, trend following seems perfect for me and as I am learning, it has the historical data that shows it is highly successful. So that is where I am in my journey. I align with the philosophy so just seeking to learn the rules and language of this so I can start getting my reps in and practice with it. Thanks for the investment you have put into making this info accessible and digestible for beginners like me. Steve Y.

More on the Turtles.


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.

“I have a pretty good method using technical analysis. I tend to trust it too much…”

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I have a pretty good method (using technical analysis). I tend to trust it too much. I sell naked puts and when one re-educates me, I keep rolling it out until it recovers. My problem is taking too large of a position. CAT, for example, took several months to get profitable. ROKU is presently giving me a problem. SI is working well. No losers yet. Deep out of the Money, short term, high IV. A recent problem seems to be early exercise.

Michael J.

I don’t see a consistent strategy in your description. 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.


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. 1072: Phuc Map Interview with Michael Covel on Trend Following Radio

Phuc Map
Phuc Map

Subscribe to Trend Following Radio on iTunes

My guest today is Brandon J. Hurley, an American Youtuber, who to his Vietnamese audience is known as Phuc Map. He graduated with a double major in journalism and sports studies at the University of Iowa. He was a professional journalist for more than 10 years, a sports editor for the Jefferson Herald, and also an assistant sports editor for the Carrol Times Herald.

The topic is his life in Vietnam.

In this episode of Trend Following Radio we discuss:

  • How he mastered a foreign language
  • Being a teacher
  • How he gained an audience on his YouTube and other social media platforms
  • Lifestyle and infrastructure

Mentions & Resources:

Listen to this episode:

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“Larry Hite’s ‘don’t give a shit’ freedom of both age and money…”

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Larry Hite’s “don’t give a shit” freedom of both age and money is delicious. Yes, make it a regular feature checking in with this old pro. A funny question would be his take on such non-subjects as the Will Smith slap, now that would be a hoot. My God, how delicious if you could nail Charlie Munger at his raw best of don’t give a shit. With his Expiration Date coming faster and faster, we so need “Munger, Raw”. Hell, become a vault for all the old pros who no longer giving a flying Elf. Please, if you ever discover a biographer of Alan Watts, go for it. Imagine, Watts died of all things alcoholism, for starters (according to Wikipedia).

The old pros unvarnished are the best.


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.