Subscribe now and watch my free trend following VIDEO.

Blog

“I wanted to backtest some of these ideas against some of the markets I am trading…”

Feedback in:

I just finished reading the Complete Turtle Trader last night. Great work! I visited here to see what more there was to learn about exit points/conditions and position allocation sizes. The book provides a good primer in chapter 5, but I wanted to backtest some of these ideas against some of the markets I am trading to see how I would have fared. Just dipping my toes in the water at this point.

Thank you,
Bob T.

Keep dipping. Links galore below.


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. 1140: Uri Levine Interview with Michael Covel on Trend Following Radio

Uri Levine
Uri Levine

Subscribe to Trend Following Radio on iTunes

My guest today is Uri Levine, a passionate entrepreneur and disruptor and two-time unicorn creator (Duocorn), who co-founded Waze. He was also an investor and board member in Moovit. He followed his dream to create a lot of value for a lot of people, through a series of startups, that disrupted inefficient markets and services. His startups primarily focus on solving “big problems” and saving consumers money and time while empowering them. He is also a mentor, a teacher, and an author.

The topic is his book Fall In Love with the Problem, Not the Solution: A Handbook for Entrepreneurs.

In this episode of Trend Following Radio we discuss:

  • The journey from failure
  • The contrast of entrepreneurs in the modern age
  • Entrepreneurial mindset
  • Understanding the perception of the problem and building a solution

Mentions & Resources:

Listen to this episode:

Jump in!

“Determine if a strategy succeeds in this ever changing information age…”

Feedback in:

My biggest challenge is to determine if a strategy succeeds in this ever changing information age.

Trend following solved the issue of change long before the information age.


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.

“Like a caterpillar turning into a butterfly…”

Feedback in:

Hello Michael, I really enjoyed your latest podcast where you brought up Ed Seykota‘s words. When I first heard you interview him he said things that really rang true to me. I’ve adjusted to this attitude to just accept what appears to me to be a rapidly worsening condition in the United States. It’s one of those things like Ed says that is a natural thing – “Like a caterpillar turning into a butterfly”. On a related note, I recently read a book that addresses this – “Enjoy the Decline” by Aaron Clarey. It addresses this topic pretty well and had me laughing in many parts. One part that you’d appreciate – The theory that guys like you and I may be pretty smart. But, when it comes to the voting public, we’re greatly outnumbered by stupid people. That explains a lot. Anyway, all the best. Hope you have a great Christmas.

Cheers,
Dave M.

Thanks!


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 read the wrong books, went down the wrong rabbit holes online…”

Feedback in:

Hey Mr. Covel! My biggest challenge with trading has been evolving past the stage of “unconscious incompetence,” i.e., not knowing what I don’t know. I read the wrong books, went down the wrong rabbit holes online, listened to the wrong people, etc. I don’t blame anybody except myself, as it was my own judgment that got swept up by their marketing tactics.

*Side note: I love that you mentioned how your journey led you to Robert Cialdini. Getting familiarized with frameworks from advertising, copywriting, and marketing gave me the knowledge to understand how good advertising hits the consumer right where it hurts. I have the discernment I lacked before, so I can come across the next bright shiny object in trading with the proper level of scrutiny.*

My ignorance doesn’t justify my past mistakes, but I did feel there to be a silver lining to the pain upon reading a quote you included by Denise Shekerjian:

“Confidence comes from success, to be sure, but it can also come from recognizing that a lot of carefully examine failures are themselves one path to success.”

Kudos to you for putting all those quotations in the book by the way. So many authors in the trading world keep their audience in an echo chamber, and always forgo mentioning anybody else that is not them. Based on how many quotations you put in the book, and how much emphasis you put on profiling great trend followers in chapter 2, I knew that you would be somebody worth learning from because you pay homage.

Anyway, I had read the book by Nicholas Darvas recently and found your book Trend Following shortly thereafter.

Needless to say, I can’t put the book down. I’m only on the second chapter, but this is by far the best book on trading I have ever read.

I will absolutely give you a shining five star review on Amazon once finished.

I’ve been telling my friend all about it, urging him to read it. He and I don’t have any connections to the finance world, but we consistently run ideas past each other.

I am new to the trend following philosophy, I am only on chapter 2 of your book, but I have found it all to be truly profound—not just in terms of trading, but life as a whole. I’ve been reading snippets here and there to my fiancé as well, showing her how well written the book is. It is coherent, and it flows incredibly well. Trend Following is is an absolute joy to read.

Whether you reply to this email or not, I want to commend you for writing an incredible contribution to the world of traders. I subbed to your podcast, just trying to soak it all in and get up to speed. I intend to become a proficient trend follower myself, and look forward to the journey of learning from you and the rest of the greats.

Thanks a million. I hope you and your loved ones enjoy the holidays!

Abel R.

Thanks!


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. 1139: Tail Risk Thinking with Michael Covel on Trend Following Radio

Episode 1139
Episode 1139

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Tail Risk Thinking with Michael Covel on Trend Following Radio.

Listen to this episode:

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

“I thought it would be wise to copy someone with thirty five years of…”

Feedback in:

Hi Michael,

My biggest challenge this year has been sticking to the process I chose. I decided to learn everything Mark Minervini has to offer through his books and online course. I’ve read each of his books probably 20 times each. The information and his process is engrained in me now. I thought it would be wise to copy someone with 35 years of proven success. The only problem is that in following him I’m sure I have a proven process in a bull market. Waiting for the right market environment doesn’t bother me as long as it eventually comes around. I also studied the traderlion conference from 2022 and was curious about each of the trading styles. This led me to Tom Basso who I believe they call Mr. Serenity. He was expressing his system which he called an all-weather system of trading. This led me to your podcasts which I’m thankful to have found and enjoy the many interviews with fascinating people. I’ve done your trend following book twice and I’m working on it for the third time now. I started to wonder if this bear market continues for 5-10 more years which is possible as your book I believe points out then I would need to choose trend following as an option. I plan on finishing your book for the third time before Christmas with the accompanying PDF which I just discovered is attached on audiobooks. I’m looking forward to learning the process of trend following and already have my sights on locating your other books as well as Ed Seykota’s two books. I appreciate your work and all the wisdom in your trend following book. I am attracted to following a disciplined process of trading.

Ken J.

You are welcome!


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.

Learn to be a trend following trader. Sign up free today.