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Feedback in:

Hi M. Covel,

Thank you for reading this.

My biggest challenge as an individual investor is to “finalize” my investment strategy, which implies navigating though the various stock market investing philosophies / techniques, from value-oriented such as Lynch, Buffet, O’Shaughnessy to more technical styles including yours. I was naturally inclined toward value due to my personality and my profession (engineering); yet my so-so profits added with my appetite for a better understanding of the stock market make me open not only to continuous improvement, but also to a deep review of my investing strategy.

I bought ‘Trend Following’ and I am currently reading it. I also started listening to your podcasts with great curiosity. I have introduced myself to technical analysis by following Steve Burns.

Your feedback will be much appreciated.

Best Regards,

Guy S

Two points:

1. I don’t see how value and trend following combine in one system.

2. Traditional TA is nonsense.

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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 A Speculative Reminder with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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.

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

Feedback in:

Inconsistency.

I have been juggling my 9-5 that stresses me TF out, literally want to rip my hair out. I feel exhausted at the end of the day to even think of watching trading videos and skilling up to execute on trades. I always find myself binging Netflix because it’s mindless and does not require too much energy except deciding on whether I want to binge a series (bad idea) or get a quick movie in. I do feel guilty for doing it because I have this feeling that “I have to be productive” so I can leave my day job but it’s challenging and something I am trying to work on.

Alvin

Go read something like Think and Grow Rich.

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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 Michael,

Thank you for personally taking the time to respond to questions people send you!

As a portfolio manager for a small start up hedge fund who follows a classical trend trading strategy, one thing I am constantly at odds with is matching the trend followers approach to meet investor expectations.

Our business model requires us to crystallize p&l on a monthly basis, the better returns we have the more investment capital we are able to onboard as a generally rule of thumb. Investors like to see consistent returns.

Thus closing out positions in effort to post positive results and adding to them again in effect adds to risk, I am sometimes at odds with myself in deciding when to open and close positions because of this as I would prefer keeping the advantage of having a trade in profit following the rules of classical trend following. Any suggestions as we know it makes sense to hold longer?

Also, brokerage suggestions would be fantastic that are better for trend following, current broker swap fees really add up on the 3-4 month holds.

Cheers,
Name

You need to arbitrarily close positions at the end of the month?

That’s not trend following.

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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

My guest today is Dr. Robert Cialdini, an award-winning behavioral scientist and author. He is the president and CEO of Influence at Work, focusing on live and virtual keynotes, streaming and online corporate training. He is a three-time New York Times bestselling author, with more than 5 million copies sold throughout the world. He is frequently referred to as the “Godfather of Influence.”

The topic is his book Influence, New and Expanded: The Psychology of Persuasion.

In this episode of Trend Following Radio we discuss:

• Universal Principles of Influence and Persuasion
• Social Psychology
• Why Do People Say “Yes?”
• Commitment and Consistency
• Authority
• COVID-19
• Burnout Prevention
• Ethical Influence
• Scarcity Principle
• Unity, The Newest Principle

Mentions & Resources:

• Robert Cialdini
• Influence, New and Expanded: The Psychology of Persuasion
• Reciprocity
• Charlie Munger
• www.influenceatwork.com
• @RobertCialdini

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:

Hello Michael,

Thank you for the question. My biggest challenge in the past several years is finding a trading strategy that is consistently profitable on a daily basis. I have tried so many methodologies. While some have worked for a while until the market changes, I have yet to find a strategy that is consistently profitable in all kinds of markets. By the way, I heard you speak a few years ago in Las Vegas. I listen to your podcast & have listened to many of your audio books.

Consistently profitable on a daily basis?

How?

Who does this?

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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

My guest today is Tom Basso. He bought his first mutual fund at 12 from funds received from delivering newspapers. From those early days, covering over 50+ years, Tom has extensively traded stocks, bonds, options, commodities/futures and FOREX. Tom’s engineering background with a knowledge of math and computers helped him leverage his time and talents in managing portfolios over his 28 years career. Tom was one of several traders featured in Jack Schwager’s The New Market Wizards and dubbed “Mr. Serenity” by Jack.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

• The New Market Wizards – Mr. Serenity
• Engineering Mindset
• Trend Following Mindset
• Covid-19 Data
• Trend Trading
• Euphoria and Depression
• ETR – Enjoy the Ride
• US Government
• Media and Government

Mentions & Resources:

• Tom Basso
• Trend Following Mindset: The Genius of Legendary Trader Tom Basso
• Jack Schwager
• COVID-19
• Ep. 400: Special Tom Basso Compilation with Michael Covel on Trend Following Radio
• Larry Hite
• Trend Following 
• Ed Seykota
• enjoytheride.world
• @basso_tom

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!