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Feedback in:

Dear Michael Covel,

Today I came upon a 2007 copy of your classic book on Trend Following. I was wondering whether or not your directives or the financial world have changed sufficiently over the past 13 years so that my study of this book could be misleading? Otherwise, I would like to start with this book and follow up with the newer edition when it is safe again (post-Covid) to visit a library. I have been a novice stock trader for the past 2 years. Intuitively, I have become a follower of trends. I look forward to learning from your writing how to hone my skills. Thank you for your generous sharing of information on the fascinating endeavor of trading.

I look forward to your response.

Best regards,

J. A.

I write my books to be timeless.

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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
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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.

Feedback in:

Michael,

First, thank you so much for your work bringing these winning strategies to life for a broader audience. I really enjoyed your Trend Following (audio) book. This year I just bailed from my buy/hold/rebalance plan during the crash, and painfully realized that I can’t predict the future as I waited for the bear market to resume. A big believer in Kahneman and market behavior and Mandelbrot/Taleb, I realize I need to just trust numbers and get my emotions out of it. 2 questions: Could you share the video you mention on your site? For those of us not ready to pull the trigger on a $3k course, are there other books/sites/resources you recommend for getting into the down-and-dirty details of entry/exit, portfolio/risk management, etc.? Thank you for educating us. I want to break free from the passive investing buy/hold/rebalance dogma that seems at risk of underperforming in the upcoming decades. Thanks much!

Video sent. I recommend my world. There’s enough there…

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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:

Hey Michael! my current problem is knowing what stocks to invest in both short term and long term, and I’m not sure what broker to use.

You need a system. That’s more than you think. 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 check my FAQS.

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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:

As a relatively new trader, most of my challenges stem from the “being right” problems closely followed by the “hold and hope”. Since these experiments have failed i have obviously been looking into changing something or a group of somethings because I don’t want to be insane. I saw you give a presentation during a [name] video and started digging into your website to learn more about what you have available. Additionally the other challenge I face is finding the plays for the day or swings due to my small account size. Once in plays there are opportunities that I bail out of probably due to not assessing correctly which lends to another challenge, how far do I let something go before its no longer salvageable.

There’s a lot going on in your comments — all not good. A nice start? Here.

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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 Richard Smith. He studied mathematics at University of California, Berkeley and then earned his PhD in Systems Science from the Watson School of Engineering at SUNY Binghamton under the late Professor George Klir. Over the last decade, he has researched and developed algorithms and services that provide investors with tools to develop a systematic approach to investing.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

• Turtle Trading
• Cycle Definition
• Bitcoin Cycle
• Presidential Cycle
• Different Types of Cycle
• Cycles and Human Behavior
• Human Psychology
• The Study of Cycles
• Cycles and Trend Following

Mentions & Resources:

• Richard Smith
• Brad Rotter
• The Complete TurtleTrader
• Daniel Kahneman
• Bitcoin
• Netflix
• Ray Dalio
• cycles.org
• @studyofcycles

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!

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue A Crazy Damn Year 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:

Michael,

Thanks for everything you do, I enjoy the podcasts and the books. My problem is I have a time series momentum system that I use, and it performs really well. But I don’t follow it exactly, I follow it about 50%, I would do much better if I followed it 100%. Any words of wisdom, analogies, whatever… that may help me stay more disciplined? Are there any traders who use a time-series momentum style that I can model myself after? Thanks again for your help.

Steve S

If you follow a system 50% you have no system. You apparently have a need to screw it up.

Check out Ed Seykota’s work.

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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.