Subscribe now and watch my free trend following VIDEO.

Blog

“My biggest problem with my trading is buying false breakouts and getting stopped out to often, which then leads to big commission costs…”

Posted on by Michael Covel

Feedback in:

Just finished reading Trend Following, thanks for a great book! My biggest problem with my trading is buying false breakouts and getting stopped out to often, which then leads to big commission costs. I have a question; wouldn’t it be easier for the common investor to just put their money with say Dunn Capital instead of trying to trade for themselves? I’m trying to talk a lot about trend following with my father who trades a lot on “gut feel” with no stops. Maybe that could be suitable for him?

All the best,
Lukas

You can go either way. Trade for yourself or hire someone. It’s a choice.

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.

“Our biggest weaknesses are ourselves and getting out of our own way…”

Posted on by Michael Covel

Feedback in:

I grew up in very middle class setting and always had a shelter over my head and food to eat, however walked out of high school with no skills or knowledge to be able to take care of of myself because I was considered the problem kid. Many years of beating my head against the wall and learning over and over the hard way. Despite that I raised 2 amazing kids who are doing well. Now as an empty nester I need to focus on my financial future but roll with the tsunami waves like the rest of the world.  My hubs and I made a little chunk of money in real estate and it’s time to make that money make its own money. Hubs knows more than I do regarding markets and investments and I have in the past been able to plug in and pay attention to the investing but my job is highly stressful and demanding so that is his “job.” That’s going to change soon and we are moving the ball forward. If you can take 23 very different people with different exposures maybe there are some principles I can use. Our biggest weaknesses are ourselves and getting out of our own way.

I agree. Jump in.

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. 996: Sukhinder Singh Cassidy Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Sukhinder Singh Cassidy
Sukhinder Singh Cassidy

Subscribe to Trend Following Radio on iTunes

My guest today is Sukhinder Singh Cassidy, a leading technology executive and entrepreneur, board member, and investor with twenty-five years of experience founding and helping to scale companies, including Google and Amazon. Most recently, she served as president of StubHub and as a member of eBay’s executive leadership team.

The topic is her book Choose Possibility: Take Risks and Thrive (Even When You Fail).

In this episode of Trend Following Radio we discussed:

  • Trading Philosophy
  • Risk Definition
  • Risk Taking
  • Smart Risk Taker
  • Freedom and Autonomy
  • Entrepreneurial Mindset
  • Decision Making
  • How to Deal FOMO

Mentions & Resources:

Listen to this episode:

Jump in!

“I am able to identify upcoming direction in the market using trendlines either broken or holding support or other breakout analysis…”

Posted on by Michael Covel

Feedback in:

I am able to identify upcoming direction in the market using trendlines either broken or holding support or other breakout analysis, but i don’t hold them long enough, or I add when i shouldn’t (before a counter trend pullback) and then I change my market direction outlook as I see its now going the other way and sometimes I’ll reverse my original position, then get run over by the oncoming train going in the first direction, just like I thought would happen.

This is gibberish. A dead end. Stop.

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. 995: TurtleTrader Philosophy with Michael Covel on Trend Following Radio

Posted on by Michael Covel

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue TurtleTrader Philosophy with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

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

“My biggest challenge has been finding well articulated stock trading systems to test…”

Posted on by Michael Covel

Feedback in:

My biggest challenge has been finding well articulated stock trading systems to test. I paid for a course by a UK full time trader which when analyzed was very short on actionable detail. In your book Trend Following which I’m reading at the moment, your narrative on Bill Dunn described a trading system I had used when Forex trading but had discarded when I realized I was with a scam broker. I will have to revisit my Forex community as they seem more comfortable with sharing trading systems and see what I can adjust for stock trend trading.

Start 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.