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Feedback in:

Dear Sir,

Time has gone by and I don’t recall when I sent you a letter asking you about which time frame I should use in my forex and oil trading. You told me bluntly to use the daily chart. It took a bit for me to accept that advice but after a dozen years of mediocrity and hundreds of thousands of hours of market analysis, I took your advice.

What I have done is trade with the weekly chart on my left and my daily chart on my right which serves as my trigger. Plus I will trade a lower time frame retrace of the daily chart. Positive results were immediate and rarely does a loss occur. I am a turn around trader, but no more small time frame turning disasters.

The only comparable ignorance I can equate with my past performance would be the Democrat’s past three-year attempt to roust Donald out of the White House by lying and manufacturing untruths.

I thank you for that advice and I have enjoyed reading and listening to the fine articles from others. However, I decline to enroll in your course because at the age of 81, I must guard myself against any temptation that may arise from other advice to moderate my daily trading approach. Time may not be my best friend anymore and the income that is now coming in with abundance is much needed by family members and I dare not change or challenge any of my trading habits. Please understand.

Sir, you are a great American and I thank you for your help.

Sincerely.

Dennis H.

You are welcome. My books are a good place to start.

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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 Michael,

I trade cryptocurrencies. My biggest challenge has been that the market is 24/7 and wildly volatile and manipulated. Placing stop loss orders while I sleep has been a difficult balance. I am using leverage and trying to place stops close enough to not lose a significant amount of capital but at the same time trying to avoid these 10% spikes on a 1 hour candle has been a headache. After several frustrated attempts, I had to remember Buffett’s first two rules: don’t lose money. So, I am setting the stops close and missing out on profit sometimes but avoiding the 50% drawdowns.

Regards, Michael F.

1 hour candle is all I need to know.

This ends one way.

BOOM.

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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 Steve Blank, a Silicon Valley entrepreneur based in Pescadero, California. Blank is recognized for developing the customer development method that launched the lean startup movement, a methodology which recognized that startups are not smaller versions of large companies, but require their own set of processes and tools to be successful. His Lean Launchpad class (taught as the National Science Foundation Innovation Corps) has become the standard for commercialization for all federal research. Blank writes and teaches about customer development and the lean startup method. He is an adjunct professor of entrepreneurship at Stanford; lectures at the UC Berkeley Haas School of Business, and is a senior fellow at Columbia University. He has written four books: The Four Steps to the Epiphany, Not All Those Who Wander Are Lost, The Startup Owner’s Manual and Holding a Cat by the Tail.

The topic is entrepreneurship.

In this episode of Trend Following Radio we discuss:

• All Things VC and the Lean Startup Method.

Mentions & Resources:

• Steve Blank
• @sgblank

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 The TurtleTraders Revisited 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 Michael,

The biggest challenge that I have to trading is that I don’t actually know how to trade.

I have read about trading and trend following. I know the technical indicators and terminology used in the markets and I understand what risk management is. Or at least I think I think I do.I am a programmer and data analyst by trade so i understand the theory behind proper risk management and that with a consistent strategy you will end up winning in the long run.

But even with all of that I have come to realize that I don’t actually know how to trade. A book only tells you so much and I need to start doing actually trades to progress from where I am. So long story short, I want to win and I want to do it the right way. Not just jump in head first and do something stupid.

Regards,

Luka

I can help.

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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 Chris Ryan, the New York Times bestselling coauthor of Sex at Dawn explores the ways in which “progress” has perverted the way we live: how we eat, learn, feel, mate, parent, communicate, work, and die. His work has been translated into over twenty languages, and appeared just about everywhere, including Netflix, HBO, MSNBC, Fox News, CNN, NPR, The New York Times, The Times of London, Playboy, The Washington Post, Time, Newsweek, National Geographic, and The Atlantic.

The topic is his book Civilized to Death: The Price of Progress.

In this episode of Trend Following Radio we discuss:

• Explores the ways in which “progress” has perverted the way we live—how we eat, learn, feel, mate, parent, communicate, work, and die

Mentions & Resources:

• Chris Ryan
• @ThatChrisRyan

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:

Mike,

I’ve got a subscription to a hot list from [name] from [name] Research. He tracks longer term trends for a breakout and then I run it through my short term charts. I use a 20 day moving average and MACD and stochastic indicator slower than the defaults on Fidelity Active Trader. If his hot list doesn’t signal a buy on my charts I don’t buy. The MACD and Stochastic numbers I borrow from [name] book.

It may not be technically be TF by definition but it’s what I’ve got for right now.

C.

I don’t like that description. The sooner you pivot the better.

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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.