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Feedback in:

Dear Michael,

I would first like to thank you for writing this book. It has given me a new perspective on trading and managing my money. As I tend to move a lot from country to country, I have made the decision that I need to manage and grow my wealth myself and definitely not depend on any retirement. I have to admit that on a few occasions I have written in the side margin with a pencil “I don’t agree,” but that is likely just part of the critical thinking and my educational journey. I look forward to going over some notes in a year or so.

I just finished Section I of your 5th edition, which closes with your invitation to send the receipt of the book in exchange for your interactive trend following presentation. Hence, attached is my receipt, and I look forward to receiving the presentation you mentioned.

Furthermore, I’m excited to start building and testing my trading system. Two of my current “natures” are FOMO and perfectionism. I think that by reading this book (and trading and reflecting over these past months), I have become more aware of my FOMO. The perfectionist part will be tested as I try to build a “loose-fitted MITTEN” as my system.
Besides that, I feel that trading has and may bring me so much more than just wealth—a true insight into who I am and who I want to be, a mirror for holding myself accountable for my actions, and much more.

I hope you continue to encounter interesting people to discuss ideas with, learn new things, and challenge your worldviews.

I look forward to reading and listening to the rest of the book and other material you have published.

Thank you in advance for sending the presentation.

Best,
Marc V.

Video is sent to you now.

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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 Attitude Adjustment with Michael Covel on Trend Following Radio.

Listen to this episode:

• Listen to this podcast on iTunes. (Please leave a rating!)
• Listen on Spotify.
• Libysn RSS.
• Download as MP3 by right-clicking here and choosing “save as.”
• Free Video.

Feedback in:

Dear Michael,

I hope this email finds you well.

I am writing to you today to seek your guidance on a challenge I’m facing in my trading journey. I am confident in my ability to identify entry points based on my strategy and successfully enter trades. However, my main struggle is with holding onto a trade to capture the majority, or even a significant portion, of a trend. I often find myself exiting too early and missing out on further gains.

I would be extremely grateful for any insights or advice you might have on this matter. I am particularly interested in learning from the experiences of great traders and how they manage their positions to maximize their returns.

Thank you for your time and consideration. I look forward to your response.

Best regards,
Masood

If you only have an entry you don’t have a system. Any of my books would set you on the right path.

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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:

I’m not going to start until I’ve read all your books.

And I won’t bombard you with questions until then.

It would be rude to do so!

I’m enjoying the Little Book of Trading now.

I like your idea of benefiting from the tails of the bell curve.

Trend followers are fat tail feeders.

If they do it well, they become fat fat tail feeders.

I’ll see myself out!

I am ready to help you.

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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 Mr. Covel,

Im Joao, a 34-yo Brazilian living in Germany. I have worked corporative finance related jobs my whole life and recently discovered my true passion: trading. Trading has always interested me, but social-economic conditions did not allow me not to have a stable job. But three years ago trading came back into my life, and I was certain that the journey was only beginning.

I have big fascination for the markets and price action and have been studying it for the past years. Started as a short-term trader, I have matured against the short-term hits of pleasure and dopamine and am now, for the past several months, focused on the high time frame. Recently I started dedicating my studies towards trend following, and even started to code an algorithm in Python to help me backtest trend following strategies in the crypto market. So far I’ve only been using crypto data, as it is free and easily available.

In the last weeks I’ve been discovering a whole new world, systematic trend following, and it’s been extremely fulfilling and eye-opening – I have absolutely no doubt that this is the correct way for me, and feel very excited and fortunate to have had the chance to find this path. Nevertheless, I’m just starting to tip my toes in the world of strategy building / testing, so am looking for guidance in building my strategy – how complex should it be? Should I include many indicators, volume, etc? Or a simple moving average on the daily + a weekly filter should suffice?

At the same time that I feel a bit lost acknowledging how much info and trials and errors I have ahead of me, I feel extremely excited and grateful when I look back e realize how much I have evolved already. I’m sure I’ll become a successful trend following trader, it’s just a matter of when I’ll get there. I’m extremely disciplined and have a very strong work ethics. All I need now is a bit of guidance to show me the path and, if I’m lucky enough, a feel shortcuts in this amazing journey.

Thank you very much for all of your valuable contributions – I discovered your podcast this weekend and have been listening to it non-stop. I just found out about your book, and will order one immediately.

I hope you’re having a lovey summer.

Kindly,
Joao T.

Great. I am here to help on your journey.

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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 No Risk No Return with Michael Covel on Trend Following Radio.

Listen to this episode:

• Listen to this podcast on iTunes. (Please leave a rating!)
• Listen on Spotify.
• Libysn RSS.
• Download as MP3 by right-clicking here and choosing “save as.”
• Free Video.

Feedback in:

Dear Mr. Covel,

I just read your book and am hereby sending you my receipt in order to receive the presentation. The book was great and I absolutely loved reading it. It inspired me to start back-testing my own trend following strategy over mulitple assets.

Do you have any advice on which parameters to use in order to create a robust trading algoritm?

I want to recognize uptrends, downtrends and sideways movement. The sideway corridor seems especially important in order not to get a buy, sell or short signal every day.

Also I was wondering if the stoploss strategy differs from asset to asset or is it always similar?

Thank you for your time!

Kind regards,
Jeroen H.

There is no one perfect parameter. First step? Have a system. Then you can test.

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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.