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“I trade forex for weekly swings if you will…”

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I am a trend follower of some kind. I don’t trade breakouts but I look for signs of momentum and then follow that impulse until I see the same signal to the other side, then I follow it too. But also I am not a long-term trader. I trade forex for weekly swings if you will, looking at 4hr and 30 min charts.

That is not trend following. Toss the 30 minute bar nonsense.


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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. 1074: Frank Keil Interview with Michael Covel on Trend Following Radio

Frank Keil
Frank Keil

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My guest today is Frank Keil, a professor of psychology & linguistics, and the chair of the psychology department at Yale University. Keil received his B.S. in Biology from the Massachusetts Institute of Technology in 1973, an M.A. in Psychology from Stanford University in 1975, and a Ph.D. in Psychology from the University of Pennsylvania in 1977. Keil has published extensively on topics concerned with many areas in the development of cognition and language.

The topic is his book Wonder.

In this episode of Trend Following Radio we discuss:

  • Childhood
  • Different senses of wonder
  • Arguing in ways both wonderful and productive
  • How students explore and learn
  • How does science work, given how limited we are as computational creatures
  • How do young children track simple patterns and put them into miniature theories
  • How vital the word “audacity” is
  • What is the significance of the word “lifelong”

Mentions & Resources:

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

Feedback in:

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.

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. 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…”

Feedback in:

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…”

Feedback in:

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.