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Feedback in:

My biggest challenge with trading is the repeatability and consistently. Risk management is effective however I believe my system has me “scared” out of positions where I may be good at cutting losses quickly but letting winners run my system is clearly flawed.

It’s more than that. 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.

See my FAQS.

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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, the biggest challenge that I faced during trading is about the right time of exit. Most of the time either it’s early or it’s delayed.

It’s more than that. 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.

See my FAQS.

---

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:

Hello Michael, loving your book Trend Trading 5th ed. I graduated Economics then MBA so, I have read a lot on economics and finance is one of my favourites. It’s perfect for me as I’m trying to learn to trade from home. I know the maths and the statistics but still I fall for a lot of the traps you mention. I can take a dummy account to millions or billions quite quickly, but as soon as real money is involved the behavioural psychology kicks in and I lose, every time, its driving me nuts. I’m predominantly trading US30. I especially like the quotes throughout the book, and I will certainly check out the podcasts.

Keep going. The adventure calls!

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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 Alec Ross, one of the world’s leading experts on innovation. Author of New York Times bestselling The Industries of the Future, he is currently a distinguished visiting professor at the University of Bologna Business School and a board partner at Amplo, a global venture capital firm. He began his career as a 6th-grade teacher in Baltimore.

The topic is his book The Raging 2020s: Companies, Countries, People and the Fight for Our Future.

In this episode of Trend Following Radio we discuss:

• The Wire
• Crime in Baltimore
• Gun Violence
• Big Tech Companies
• Facebook Algorithm
• War in Afghanistan
• Face Masks
• COVID-19 Vaccines

Mentions & Resources:

• Alec Ross
• The Raging 2020s: Companies, Countries, People and the Fight for Our Future
• The Wire
• Gun Violence in the United States
• Big Tech
• Mark Zuckerberg
• Censorship
• COVID-19
• alecross.com
• @AlecJRoss

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 to my question of what is your biggest challenge:

Thanks for asking this question. It’s a question I’ve asked myself countless times. Finally I have my answer. For me it’s letting go of discretionary trades. You see I arrived at my own trend following systems without knowing about your work but every time I would fall back to baseline because I still felt compelled to do discretionary trades and inevitably f up the profit generated on the systematic trading. The reason why I felt compelled to do discretionary trading is because in the past I have had huge success with it (7 figures) but over the past 15 years most of it has been given back. I have automated my systematic trading system and also run my discretionary trades alongside and kept spreadsheets and equity curves and finally seen how I’ve been wasting my time and money on discretionary trades. The systematic trading has generated 5x this year (2021) whilst the discretionary has made a small loss. If I had just stuck to systematic trading for past 15 years there is no doubt I would have been into 8 figures. Now I’m reading your sites and listening to your podcasts and saying to myself I wish I had discovered this earlier. Now I realise I am the casino and I have so much peace of mind because I trust that the best outcome is achieved and is being achieved by just operating my automated system which is basically a trend following strategy. Now I will just spend time on improving at trend following.

Sounds like you have seen the light.

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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 Two Wise Voices with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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 face several challenges in my trading, but the biggest is to put my entry order in the right place, as the setup says, because I use financial stop, but as I’m studying and improving my knowledge I’ve already realized the importance of technical stop orders , but I’m still doing it, it’s funny because I did it again today, but I noticed it in a relevant way, after a stop loss and yesterday having learned about its methodology in an internet class, besides having really understood the importance of following the trend, from now on I will change this behavior.

Entry order is so important? I doubt that’s the issue. This sounds like a short term trading strategy to ditch. Trend following is an option.

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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.