Subscribe now and watch my free trend following VIDEO.

Blog

“I am a committed trend follower and do well when I apply myself but am too easily distracted so am reviewing my portfolio…”

Feedback in:

Hi Michael,

The ‘Take action’ prompt did resonate but it was to do more with the knowledge and training I already have and to maximise the benefit of the money already spent on books (including yours), training and services rather than spending any more until I know where my real shortcomings are. I find that virtually every email I receive is trying to take money out of my pocket with free webinars etc giving half the story and offering some other distraction such as systems and training. I am a committed trend follower and do well when I apply myself but am too easily distracted so am reviewing my portfolio, clearing the losers and those winners that are now going against me and will find new rising stocks to buy. I was lucky in March and jumped on the oil down trend so am currently comfortably up but want to make sure I am focused and ready for the chaos that is likely once the economic impact of covid hits, the final step of Brexit and the US election. I love the podcast and do buy books your guests are promoting, although I prefer audio rather than hard copy.

Best regards

Name

First reactions:

  1. What exact sources of material are you perusing?
  2. You don’t sound like you are using trend following as I know it.
  3. My faqs below are good reading.

Jump 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.

“I am drawing some small amounts from my retirement savings which is where I am trading my models and would use any trend models…”

Feedback in:

Hi Michael,

I am a fan of trend trading, your books and your podcast. I’m very interested in your course but want to get a sense as to whether it’s the right fit for me. I suspect it will be very beneficial, but I have a few quick questions. As a background, I am recently retired (at 55) and I have a couple of models I’ve been playing with that backtest well, but who knows whether they will hold up. They are fairly simple and I think robust. They incorporate primarily momentum and volatility and use leverage as drawdowns are small. I am also trading some options strategies for income and using that for my daily expenses. I am drawing some small amounts from my retirement savings which is where I am trading my models and would use any trend models. Obviously, I don’t know if they will hold up over time and I’m always looking for other ideas to augment returns, and or at least diversify strategies.

I guess the 5 questions I have are:

  1. Do you think the type of long term trend trading you are teaching is suitable for a retiree who draws on capital and has a 20-30 year time horizon (hopefully longer but statistically speaking about 25 years)
  2. I’m a little unclear as to whether you are teaching the philosophy of trend trading or if there is a specific system. Or both?
  3. Assuming a system is part of the course, is the system suitable for any asset?
  4. Do you have any material in the course on building a portfolio (e.g. perhaps applying the same system to a group of non correlated assets?)

Thanks… and sorry if it’s a long email

Name

Great questions. Answers here: 1, 2, 3. It’s philosophy + system(s). It includes portfolio selection instruction. Full description.


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. 919: Jump into Trend Following with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Jump into Trend Following 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.

“I am not able to make proper trend lines and also don’t know what should be the time intervals…”

Feedback in:

Dear Sir,

I am a novice trader, I am not able to make proper trend lines and also don’t know what should be the time intervals. I am from India and is your course relevant for the Indian market?

Regards,
Rohit

It’s for all markets. Start here.

P.S. No trend lines!


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 of trading is to simplify one’s thinking…”

Feedback in:

The biggest challenge of trading is to simplify one’s thinking.

Trend Following is deceptively simple – that’s it’s challenge, but also it’s beauty.

I think Steve Jobs said it best:

“Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains.”

Exactly. Some great podcast episodes that get at the human side.


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.

“Do you have any recommendations for key episodes that should be listened to asap, or episodes that are special to you?…”

Feedback in:

Mr. Covel,

I have recently found your great podcast on Spotify. I’m currently trying to get through as much of your catalogue as I can. Do you have any recommendations for key episodes that should be listened to asap, or episodes that are special to you?
Also, please send me your trend following steps and videos.

Thank you,

Adam R

Ed Seykota #2 interview (trend trader)
Jack Canfield
Ewan Kirk (trend trader)
Martin Lueck (trend trader)
Robert Aumann
Robert Rosenberg
Anders Ericsson
Alison Gopnik

That will keep you busy!

P.S. Also see all of my Charles Faulkner, Larry Hite, Tom Basso and Jerry Parker episodes!


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.

“Your style of interviewing is pure magic & waiting for your next podcast new or old is a wonderful learning adventure…”

Feedback in:

Good morning Michael,

I first found you from Dan Ferris. I trade options. I look forward to hearing your podcasts every week! Trading is so much more than hitting the Buy & Sell button. Your style of interviewing is pure magic & waiting for your next podcast new or old is a wonderful learning adventure.

Robert Rosenberg (CEO Dunkin’ Donuts 35 Years) This is just an example of your greatness in how “YOUR” back & forth is magic. What a learning day this interview was!

Thanks for adding your style to my learning week after week!

Thanks for your time in this matter,

Jeffrey

Thanks!


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.