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Feedback in:

Hi,

First off, I’m glad I found your site because it’s hard to find people who trade in your style and you seem to be the mecca of all trend following information. Been listening to your podcast and love it.

I started out as an [name] member, using the OA style of trading (essentially remaining “balanced” at all times and using lots of strategies that don’t actually work very well. like iron condors and iron butterflies). I came to trend following through my own backtesting, seeing that it was the only strategy that actually worked. Try convincing the folks on the OA forum that it works though! They don’t want to listen.

Anyway, I’m curious to know if you trade options, and what strategies you use. I use credit spreads exclusively.

My main trend indicator right now is the linear slope of the moving average and it seems to work alright. But I have only had success on upward trending markets. Can’t find a good bearish strategy.

Anyway, wanted to reach out and if anything let you know I’m on board with what you’re doing and looking forward to learning more through the podcasts and any other info you can provide.

Cheers,
David A.

Have you considered trend following? It’s not a matter of having a bull or bear strategy, but rather you need a strategy that works for whatever the situation unfolding.

More:

Hi Michael,

I think my sticking point is that I overrule my stops thinking that I know where prices are going based the fundamentals/macro data that l look at. I work in the dealing room of a bank and the fundamental/macro narrative is very pervasive.

Thank you in advance for your help.

George

Do you have a system? I suspect not. 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 Laurie Santos, a professor of psychology and cognitive science at Yale University. She is also the Director of Yale’s Comparative Cognition Laboratory, Director of Yale’s Canine Cognition Lab, and the Head of Yale residential college Silliman College. She has been a featured TED speaker, and has been listed in Popular Science Magazine as one of their “Brilliant 10” young minds in 2007, and in Time magazine as a “Leading Campus Celebrity” in 2013. In January 2018, her course titled, “Psychology and the Good Life” became the most popular course in Yale’s history, with approximately one-fourth of Yale’s undergraduates enrolled.

The topic is her podcast The Happiness Lab.

In this episode of Trend Following Radio we discuss:

• Dr. Laurie Santos has studied the science of happiness and found that many of us do the exact opposite of what will truly make our lives better. Based on the psychology course she teaches at Yale–the most popular class in the university’s 300-year history–Laurie takes Michael through the latest scientific research and shares some surprising and inspiring stories that will change the way we all think about happiness.

Mentions & Resources:

• Laurie Santos
• The Happiness Lab
• @lauriesantos

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:

Hello Sir,

I have been on about a 20 month journey of becoming financially literate and learning about investing and trading. I did my first trades (options – bull put spreads and bear call spreads) using what I learned from a guy named Phil Town and his Rule 1 course, but I stopped when I thought I needed to learn more. Since then, each next step has seemed to present itself as I finished a certain section of learning. The last 5 months have been all about working on my psychology using Van Tharp’s books and his Peak Performers home study course. His course taught be about my trading style and showed me that I needed to be out of the market, so I got out. His book also taught me that my style fits more with the Trend Following style of trading than any of the others, including Value investing/trading. Your Trend Following book presented itself to me a few weeks ago. I’m almost finished with the book, and I’ve been gaining more and more confidence by listening to your podcasts and going through your materials. Right now, my biggest challenge is on the technical aspect of developing a trading system, but from what I’m reading on your website, you seem have the answer to that in your Flagship course. I’ve gone from an overview level and am now getting into the specialized area of how I will go about becoming a successful financial free investor-trader. I’m watching your 55 minute video now as well.

Chris B.

Thanks for the feedback.

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.

Feedback in:

I am actually thinking of switching to trend following that’s why I’ve been searching about it and your book came up. I came across your website and subscribe to it. From the things I’ve gathered I am convinced that I should try out building a Trend following system, but I will still need time to do it. I need to schedule everything.

Dig in: www.trendfollowing.com/faqs

More feedback:

Dear Michael, I am very interested in your Trend Following concept. I just bought your book, Trend Following. I have two small accounts of $3000 and $10,000 I plan to use to follow your concepts. Are these big enough accounts to use your rules on Trend Following?

Thank you,
Mark

Dig in: www.trendfollowing.com/capital

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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 Vitaliy Katsenelson, CFA, the Chief Investment Officer at Investment Management Associates. While his primary focus is on discovering under-valued companies for his clients, he is also known for his uncommon common sense, which he has regularly expressed in articles in the Financial Times, Barron’s, Bloomberg Businessweek, the Christian Science Monitor, Institutional Investor, and the New York Post, among other outlets. He speaks frequently to investment groups around the world, and was most recently profiled in Barron’s. Previously, he was an adjunct faculty member at the University of Colorado Graduate School of Business, and he is also the author of Active Value Investing.

The topics are her books Active Value Investing and The Little Book of Sideways Markets: How to Make Money in Markets that Go Nowhere.

In this episode of Trend Following Radio we discuss:

• The Subtle Art of Not Giving a Fuck

Mentions & Resources:

• Vitaliy Katsenelson
• @vitaliyk

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:

I purchased a report BEFORE somebody actually explained to me that predictive TA is a farce and now I don’t use them to make decisions anymore. I am now thoroughly in the reactive TA camp (EMA / SMA crosses and classic trend lines). Thanks to you I finally realize that there is another area of TA and that there’s nothing wrong w/ late signal entry. Below is an Amazon Review of Edward’s and Mcgee’s “Technical Analysis of Stock Trends” where I mention you and your podcast. I agree w/ the lower rating reviews in that an older edition may be better than the newer versions of this book. I own the 6th revision and there are some newer charts (1980’s), but I would rather have an older version w/ charts closer to the original release. Reason being is that market movements in my mind haven’t change. Markets move up, down and sideways. Markets trend, consolidate, continue to trend in the same direction, consolidate, reverse the trend, repeat. Also, there are two types of technical analysis “reactive” and “predictive” TA and I fall into the camp that predicting the future is impossible so I’ve decided focus on reactive TA and learn to monitor price action using classical charting. I think Dr. Elder (author of Trading for a Living) said, “don’t have an opinion of the market, let the market tell you what it’s going to do.” Thanks to Michael Covel (author of “Trend Following”) who’s podcast opened my eyes to these two TA concepts. I’m listening to all your podcasts and it was #145 that prompted me to write a Thank You.

Sincerely,
Daniel C.
Knoxville, TN

Thanks for the nice words.

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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 Allison Schrager, an economist, journalist at Quartz, and co-founder of LifeCycle Finance Partners, LLC, a risk advisory firm. Allison diversified her career by working in finance, policy, and media. She led retirement product innovation at Dimensional Fund Advisors and consulted to international organizations, including the OECD and IMF.

The topic is her book An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk.

In this episode of Trend Following Radio we discuss:

• Schrager equips readers with five principles for dealing with risk, principles used by some of the world’s most interesting risk takers. For instance, she interviews a professional poker player about how to stay rational when the stakes are high, a paparazzo in Manhattan about how to spot different kinds of risk, horse breeders in Kentucky about how to diversify risk and minimize losses, and a war general who led troops in Iraq about how to prepare for what we don’t see coming.

Mentions & Resources:

• Allison Schrager
• @AllisonSchrager

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!