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“The mindset of a gambler. Not following my rules. Buying on the drop.Discipline…”

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The mindset of a gambler. Not following my rules. Buying on the drop…..Discipline! I have read TurtleTrader many times and consider it one of my sacred bibles. I have adjusted some of the rules to my liking with using Ichimoku Trading strategies and Turtle trading which is kind of working fine right now. I usually trade Gold, GBP,USD, Stocks and Oil.

Best regards,
Christopher B.

You’re all over the map. Stop all of that outside of TurtleTrader. My FAQS will bring you into a different way of thinking.


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.

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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.

“My biggest challenge is finding the balance between discretion and structure in my trading…”

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Hi Michael,

Thank you for the information. To answer your question, I would say my biggest challenge is finding the balance between discretion and structure in my trading.

Shane

You will never find that. Not possible. 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.

Ep. 951: You Don’t Predict Trends with Michael Covel on Trend Following Radio

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Please enjoy my monologue You Don’t Predict Trends 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.

“The biggest challenge I faced was studying technical analysis, candles and patterns, fibonacci and several indicators…”

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Hi Michael,

Thanks a lot for opening a space for me to talk. The biggest challenge I faced was studying technical analysis, candles and patterns, fibonacci and several indicators but when I started trading, I found myself losing without an understanding of where I missed the point, or what was my mistake. It seemed that every teacher had big earnings and they were simply not teaching me the whole thing.

Then I found out Wyckoff theory and added that to my trades. So now I consider financial volume to my analysis and that made a huge difference for my intraday trades. I heard of you at Club House yesterday, I’m Brazilian and work as an influencer and youtuber so I’m always trying to find new ways of effective techniques to show to my audience new ways of making money at the market and mainly avoiding losses (statistics here are horrendous: only 5% of traders get to earn more than BRL 10k a month.)

Best regards,

Paula R

I would stop every technique you say below. Stop them all. 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.

That’s how I help clients. Rules. 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.

“Finding set-ups that look reliable enough for me to feel confident about placing a trade…”

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My biggest challenge is finding set-ups that look reliable enough for me to feel confident about placing a trade.

No. Bad path. 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.

Also 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.

“My biggest challenge in the markets is dealing with the emotions and disconnecting from the macro logic…”

Feedback in:

Dear Mr. Covel,

First of all, hope you and your beloved ones are all safe and sound. My name is [Name] and I am writing to you from Portugal, as you may know, one of the most beautiful yet poorest countries in EU. I am an average Joe, definitely. I’m 42, married, 2 young kids and an ordinary life, with a 09h to 18h job. I am family very happy but wealthy and professional sad, feeling in a cage. I am coming from a Bsc in Management, a post-grad in financial markets and a master in finance and business control. Since 2020 I became, again, a university student in law – after work study. Fact is, with all this diplomas and knowledge (I guess), I just went few times in the markets, mostly funds & equities in a buy and hold strategy, and didn’t conquer my freedom targets – not even close to it. I ran into Trend Following book and your site and I must say, I was speechless. All the things taught in the university are bull… and yes, there is a system created to screw the average Joe and live through the public and private pension funds – wall street. I deeply thank you the eyes opening. Furthermore, I am myself a “sceptic not going with the hurdle” person. And I love freedom and it seems it is being taken from us every day it passes. In a nutshell, I want to change, I want to earn money for my family and for our freedom – Kevin Bruce made the point there! Answering your question, my biggest challenge in the markets is dealing with the emotions and disconnecting from the macro logic i.e. does this makes sense, is it right? I used to watch first thing in the morning CNBC and Bloomberg to look for insights. Now, I just ear it but it counts nothing in my investment decisions. If it is in the news, it has happened. Question mark from me if I may; will I be prepared to go into the markets, with systems, money management and psychology preparation if I am to enroll in the Flagship? Thank you so much in advance for your time and availability to read this long text.

Very best regards from Portugal.

[Name]

My Flagship product will absolutely assist with all of your trading needs.

Read my FAQS too.


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 have faced is: starting to trade in the first place. I lack confidence in my ability to value a market…”

Feedback in:

Hi Michael,

The biggest challenge I have faced is: starting to trade in the first place. I lack confidence in my ability to value a market which in turn means that I end up sitting on the side-lines. Trend following is appealing to me as I don’t need to be able to value a market – I need to be able to identify a trend. Valuations are as much art as they are science whereas identifying a trend relies on cold hard facts – price action. The systematic approach required to be able to identify and trade these trends is what appeals to me.

Kind regards,

Bashaar G

You don’t ID trends. 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.

Read more.


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.