Blog

Feedback in:

I have bought the book yesterday and it is a very interesting way of trading and one that is in line with the way I want to live. I don’t want to be exposed to the huge negativity bias in day to day news, glued to my screen following graphs and the need to wake up at 4 am to start reading financial reports. The biggest hurdle for me currently is how to bring it all into practice. What are the next steps? Data subscription, learn how to code etc. How to build your own trading system and which software and data providers do u need. Affordable courses to learn this etc.? Many thanks in advance and keep up the good work!

Kind regards,
Dave W

1. Stop watching news.
2. Trend following is not about glued to the screen.
3. Trend following is not financial reports at 4am.
4. Some reads here and here to start.

---

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 Michael Covel Interview 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:

My biggest struggle today is choosing the trend with the most magnitude.

This is impossible. How can one know in advance which market will move the most?

---

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, Here’s my challenge…After following an entered trend and compounding it (I’m only trading long un-leveraged stock or if short, using “pre-loaded” proshare-ETF positions (eg short/long gold, short/long 20yr treasuries (like TTT), et. al.) for now until confident about having good grasp of methodology) I use a custom indicator I adapted from your spiral bound course-book from around year 2000, but I seem to be exiting just past the point of maximum profit and yesterday things moved very fast against those positions. During previous episodes of trend turnaround, I tried waiting through the next cycle as if all were “cup-handle” formations so lowered my stops for the first “round” raising them in the second. Sometimes it worked nicely but net losing strategy, losses after leaving profitable positions too late. What have I missed. The consistency and similarity of this phenomenon suggests that I am at least misinterpreting one aspect (or more perhaps) of either rules for compounding ATR units when trend is good and/or pulling the trigger too late. Thanks in advance.

Not one time in 20 years have I advised on cycles or cup-handle formations. You need a workable trend following system first. You don’t have that.

---

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:

The mechanics of the system appear to be very straightforward and the math is reasonable. That being said with the thousands of different marketable securities available trying to “chart” each one looking for movement needed for a buy signal will be very time consuming if I hand chart each day. Is there a computer program you are aware of, where I can set the parameters I desire and the program will identify those securities meeting my buy signal rules, and also identify securities in my holding that I must sell according to my rules. I appreciate your help. Stan S.

Two issues:

1. You need a system first. A system that governs how you select markets to trade. You are not tracking all markets.

2. On software.

---

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! My name is Jonathan and I’m from Sweden. I have read your book about the turtles and have started to read your book Trend Following. I love reading your books and started listening more to your podcast. I have struggled to find the right type of contract or financial instrument (unsure of what it’s called). I haven’t yet found any pure futures to trade and wonder if there is an alternative to apply the trend following to such as warrants, options etc.? I have tried CFD’s but found them not fitting for trend following. Hope you can understand my question. Thanks in advance!

Good question. Go here and here.

---

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 Brian VanDeMark. He teaches history at the United States Naval Academy in Annapolis, Maryland, where for more than twenty-five years he has educated midshipmen. He has also been a visiting fellow at Oxford University. VanDeMark was the research assistant on Clark Clifford’s bestselling autobiography Counsel to the President and the coauthor of Robert McNamara’s #1 bestseller In Retrospect.

The topic is Road to Disaster.

In this episode of Trend Following Radio we discuss:

• Kennedy and Johnson
• Game Theory
• Decision-making

Mentions & Resources:

• Brian VanDeMark
• Road to Disaster
• John F. Kennedy
• Lyndon B. Johnson
• Douglas MacArthur
• Richard Nixon
• Bill Clinton

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!