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Feedback in:

Hey Michael,

I’m really sorry for the late response. I haven’t traded before but I really want to start with trend following strategies. Recently, I read two of your books (The Complete TurtleTrader and The Little Book of Trading) and I loved both of them. I was curious about trend following trading before but after reading your books and after I finished my Masters in Finance this year I decided to get more into it. Thus, I also bought a course on trend following with some strategies to get taught. Anyways, I really enjoyed your books and they motivated me in following this direction. Keep up the good work.

Kind regards,
Thanos

Great!

Keep going!

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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 Drag Racing, Billions and Guns 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:

Hi Mike,

My biggest challenge is pretty much exactly what you have laid out in your books; lack of a system built on concrete rules for entering, and more importantly, exiting both winning and losing trades. I have taken profits on winning trades that I should have let run and I have ridden bad trades all the way down to zero which I never should have made based solely on the trend for that particular market. I still can’t believe I lost money shorting Tesla on more than 1 occasion! Lack of that same system causes me take much more time than I have on a daily basis to manage my portfolio. After reading your books, I can see now that I was already trend following after a fashion. When everything fell apart in March I knew that Washington and the Fed would do what they did during the Housing Crisis; debase our currency by printing fiat dollars like the world was ending which would cause precious metals to trend higher. I made the first round of out of the money long call trades in April (late to the party due to no rules) and cashed out with gains similar to the ones below in May when I opened these same positions again out of the money to try to maintain leverage. The only reason I haven’t cashed out of some of these already is thanks to you and your books. Looking back with your system, I believe I would have never closed the original trades and I would have actually been shorting several markets on the way down in Feb and March before the trend turned higher.

You need a system. Objective. Read up 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.

Feedback in:

Finding the trend is the most challenging thing for me in trade.

You can’t find a trend until it’s over. That’s your problem. Looking for something that doesn’t exist will be hard. Jump in here and here and here and 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.

Feedback in:

Hi Michael,

I have just finished reading your TurtleTrader book here in Italy on holiday and I found it a fascinating read, hence why I then looked at your excellent website.

My biggest challenge by far has been deciding on entry points and to a lesser extent exit points.

Many thanks,

Martyn

You really need this:

• 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.

Right?

More than entry alone. Dive into more.

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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:

Hello Mr. Covel,

My name is Kohl, I’m writing to you from Minnesota this morning. I started trading about 3 years ago when bitcoin went on its massive bull run up to 20k. During this time I placed one of my very first trades and saw unrealized profits of over $8,000 in only 2 days! I was instantly hooked. Also, I was a genius and on my way to a million bucks (or so I thought haha). I couldn’t wait to get up every day and read the latest news, see what people were saying in the chat rooms, and make some emotional trading decisions. It was so exciting. After blowing out a couple of accounts I found myself saying “ I just want to follow the damn trend, how do I do that?” That’s when I stumbled across your book Trend Following. After reading your book a couple of times I realized basically everything I was doing was bullshit. So, instead of rioting and freaking out about corona, I have spent 2020 learning how to code systems on TradeStation. The biggest challenge I have faced is completing a strategy that I can have the confidence to trade. I love the phrase from your book that a strategy should be a “loose-fitting suit”. My first strategy was too tight. So I loosened it up. I have built what I THINK is a good skeleton of a strategy, but it could use some meat on the bones (or there’s the chance it’s dog shit). BTW I would like to thank you. Because although I am yet to make a dime from trend following, I have no doubt it has saved me thousands.

Kohl N.

You’re welcome.

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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 Gary Hamel. He is on the faculty of the London Business School and is a co-founder of the Management Lab, an organization that builds technology and tools to support breakthrough management innovation. Hamel has been hailed by the Wall Street Journal as the world’s most influential business thinker, and his landmark books have been translated into more than twenty-five languages.

The topic is his book Humanocracy: Creating Organizations as Amazing as the People Inside Them.

In this episode of Trend Following Radio we discuss:

• Bureaucracy
• Creating Organizations
• Humanocracy
• Business Leaders
• Empowering People
• Compensation

Mentions & Resources:

• Gary Hamel
• Humanocracy: Creating Organizations as Amazing as the People Inside Them
• Jeff Bezos 
• Covid-19
• www.garyhamel.com
• @profhamel

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!