Subscribe now and watch my free trend following VIDEO.

Blog

“My biggest challenge is recognizing a clear trend and not revenge trading…”

Feedback in:

My biggest challenge is recognizing a clear trend and not revenge trading.

What system and time frame do you use now?

Your issues almost guaranteed? You don’t have a valid system.

Dive 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. 984: Hans Greimel and William Sposato Interview with Michael Covel on Trend Following Radio

Hans Greimel and William Sposato
Hans Greimel and William Sposato

Subscribe to Trend Following Radio on iTunes

My guests today are Hans Greimel and William Sposato.

Hans is an award-winning American business journalist based in Tokyo, where he serves as Asia Editor for Automotive News, overseeing coverage from Japan, China, and South Korea.

William is a Tokyo-based correspondent and consultant who has been active in Japan for more than twenty years, with senior roles at Reuters and the Wall Street Journal. He is currently a writer and regular contributor to Foreign Policy magazine.

The topic is their book Collision Course: Carlos Ghosn and the Culture Wars That Upended an Auto Empire.

In this episode of Trend Following Radio we discuss:

  • Nissan CEO Carlos Ghosn
  • Bubble Burst
  • Japanese Economy
  • Ghosn and Japanese Companies
  • Carlos Ghosn Arrested in Japan
  • Carlos Ghosn Charges
  • Nissan and Renault
  • Japanese Prison
  • Japan Food and Culture

Mentions & Resources:

Listen to this episode:

Jump in!

“I’m about to decide invest my time in trading crypto and I’m not sure what sort of methodology fits in this market…”

Feedback in:

Hi Michael Covel,

Thanks for your message and the material that you made available to me. I’m based in Belo Horizonte, Brazil. Should you have someone that use your methodology here, please let me know. I’m a beginner in this area and my biggest challenge is to move from theory to practice and to trust in the forecast made by TA, and which one of the different methodology available in the market is more effective. I’m about to decide invest my time in trading crypto and I’m not sure what sort of methodology fits in this market.

Best Regards,
Flávio

Trend following is for all markets. But don’t confuse strategy and markets. Deciding you will trade any particular market doesn’t mean you have a strategy.


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’d say my biggest challenge in trading is not letting past losing trades affect future trading decisions…”

Feedback in:

Good day, I’d say my biggest challenge in trading is not letting past losing trades affect future trading decisions. I think the core issue is letting emotion get in the way of decision making. I often feel as if a losing trade implies I am losing personally (even if the loss is small or involves losing profit rather than losing starting capital).

Thanks!

Do you have a complete trading system as of now? No.

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.

Ep. 983: Buy the All Time High with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Buy the All Time High 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 I have faced with my trading is impatience…”

Feedback in:

My biggest challenge I have faced with my trading is impatience. But I’m trying to beat it and hope to get better day by day.

What is your exact strategy and time frame?

My strategy is the Gann technique and Murrey Math analysis. I’m using 4 hour timeframes. But I also look at larger and smaller timeframes before trading. In fact, there was something I noticed yesterday. My technique is quite successful on 4-hour timeframes. Of course, I occasionally have a stop loss. In smaller timeframes, the stop loss increases as it counts. But if I had traded according to 1-day timeframes, both my number of transactions would decrease and I would continue with 100% success without any stop loss. There is only one problem here. I can log in according to 1-day timeframes or weekly timeframes. But I use an official system for trading and the system I use has high collateral rates for trading. The free collateral remaining in my balance after the collateral is not sufficient. In other words, when I log in according to the 1-day time frame, success comes one way or another, but my balance may be insufficient during the ups and downs that occur during this period. Also, I have insufficient knowledge about trend tracking in terms of entry and exit points. That’s why I’m currently reading your book, The Trend Follower. I think it will be useful.

Stop Gann now. It’s a scam. It’s bullshit.


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.

“The biggest challenge I face with trading is, timing the entries…”

Feedback in:

Hello Michael,

The biggest challenge I face with trading is, timing the entries. I get kicked out of the market, and then the trend goes as expected. Also, moving the stop Loss as the trade goes with the trend.

Thanks,
Yasaswi

It’s much 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.