Blog

Feedback in:

Hi Michael,

I have been “investing” in stock markets for about two years now. Looking back, every cent of profit has been due to dumb luck. If you read the mainstream media, you get told that no one beats the markets. Having gone through a phd program at a reputed university, this programming is even deeper. All the narratives which you dispel every week are paraded as a gospel truth among my colleagues/ and friends.

Not a single one is even willing to argue about the possibility of a simple yet elegant solution, other than ETFs and buy and hold, yielding results outside of the confines of the hedge funds and wall street. Every one prays at the temple of efficient market theory and the psalms of the random walks. No point arguing.

So while searching, i stumbled upon your work. Currently reading the trend following book. I am still here, because the basics of this system are promised on the back of an envelope. process>outcome. Perfect for a guy with average intelligence.

As you can see, I am an absolute beginner, so my struggles are similar to that of a baby trying to walk. Still getting my head around a lot of the jargon. I still don’t know how to go short or how to read an options chain on my brokers website, thanks buy and hold. Zero background in financial markets (went to engg. school). I am here to learn the process and master this process. I want to forget about the outcome as I begin with this new business and build on the trend following system and polish it, for me personally, with time.

Cheers
Mihir

Jump in here and here and here and here and 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 Jonathan Byrnes, the founding partner and chairman of Profit Isle, a highly successful MIT spin-off SaaS software company that helps organizations increase profits by 10–30 percent using its profitability analytics and management process. He has been a Senior Lecturer at MIT for 30 years.

The topic is his book Choose Your Customer: How to Compete Against the Digital Giants and Thrive.

In this episode of Trend Following Radio we discuss:

• Choosing Your Customers
• Amazon Healthcare
• Medicine at Home
• Working with Telecommunications and Airlines
• Positioning Your Company
• Amazon and Retail Industries
• The Secret to Always Winning

Mentions & Resources:

• Jonathan Byrnes
• Choose Your Customer: How to Compete Against the Digital Giants and Thrive
• Amazon
• Tesla
• Walmart
• George W. Bush
• MIT
• www.profitisle.com
• www.chooseyourcustomer.com

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!

Feedback in:

Ok, so there was a lot that really kind of changed in my thinking since I went through your emails, and watched the short video you put together on trend following. The biggest shift for me has been to stop predicting the future hot market/stock. I don’t need to be validated by “predicting” the next high/low of the SP. It seems minor, but this has considerable and far reaching implications. The quote from Bill Gross really hit me too in regards to hero worship.

I am happy my video resonated with you. Read more 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.

Feedback in:

Hey Michael,

I am a 25-year-old university student. I was put on to your books / podcasts by someone who spoke on your podcast several years ago. I subscribe to the trend following ideology and employ it in my everyday life. However, in translating that into trading I can recognize and understand the systems successful managers are employing but when I sit down to build a model I get paralysis by analysis. I want to approach the person who initially helped me but my bias is that because I bring so little to the table it’s not worth their time. I understand that that the level of uncertainty I have means I have a lot of work to do, but I want to capitalize on the unique advantage I have. So #1, am I just being a pussy? Then, as someone who is looking for a mentorship what would be an effective selling point that would make a manager interested, or do I just need to do more research and develop something?

Thanks for your time and for the insight,
Mitch G

Dig in here, here, here, 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.

Feedback in:

Hi Michael,

Difficult question. My biggest challenge has been getting in at all. I’ve always been good at maths (I teach it to high school kids) and I have previously successfully predicted a few massive increases in particular investments (bitcoin, crude rise following the pandemic) and these appeared pretty obvious to me, but I always shy away from actually “putting my money where my mouth is”. It just feels too easy for me. I have some modest investments in managed funds (some of which are profiled to be fairly high risk). I don’t fear market crashes, I just always felt like I didn’t know enough to do it in spite of being right several times previously. I’ve also never really been much of a money seeking person, but the idea of the mental challenge I find intriguing. I am about halfway through your book on Richard Dennis, which I have found very thought provoking.

Thanks,
Tony B

Appeared pretty obvious? In hindsight, yes. Trend following doesn’t work that way. Get started.

---

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 am confused to select a style ie mean reversion, pull back or break out to be successful in trading. I am an engineering professional fully engaged from 9am to 7pm. So was thinking of trend trading methods which will require lesser time in front of the system(monitor). I prefer to be a Swing trader than day trading.

Please guide me.

Best regards,
Remesh S

–No day trading.
–No swing trading.
–No mean reversion.
–No pull back trading.

Solution? Trend following.

---

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.