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My trading routine looks like a frantic cat always checking the charts, news, Twitter, etc throughout the day, opening, close, and night. I wait for a “perfect” entry from stochastics, and desperately watch to see how much I’m making or loosing. It’s a mess of stress and huge time consumer.

What I want it to look like is what Trend Followers describe. Once a day or week checking markets to ride up or down and setting trailing stops to reduce risk. Thinking smarter not harder. Applying KISS principles and enjoying the rides. Spending more time understanding strategies, my bad habits, and psychology, not random data. I would probably do this Friday nights or Saturday mornings, or/ and at 5 a.m. or 9:30 p.m. each day. Spending around half an hour a day, from what I’m gathering from the resources so far provided.

I really appreciate the mindset of this training. I still don’t get how to recognize when a trend is started, or rather, when to enter one. Everything else (position sizing), cutting losses short, etc. makes sense. But where is the start?

Jacob

The 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.

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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.

Subscribe to Trend Following Radio on iTunes

My guest today is Lisa Taddeo. She has contributed to New York magazine, Esquire, Elle, Glamour, and many other publications. Her nonfiction has been included in the Best American Sports Writing and Best American Political Writing anthologies, and her short stories have won two Pushcart Prizes. She lives with her husband and daughter in New England.

The topic is her book Three Women.

In this episode of Trend Following Radio we discuss:

• Together we chat about how we as humans deal with desire – the thrills, the complications, the opportunity for misunderstanding. In a conversation, that I think, breaks new ground for this podcast, we really dive into the delicate nature of relationships and how we interact in them.

Mentions & Resources:

• Lisa Taddeo
• @lisadtaddeo

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.

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Feedback in:

Hi Michael,

Thanks for your email.

A short intro of myself. I’m a 40 year old guy from Singapore and just started on this exciting journey of trading. I came across ‘The Complete TurtleTrader‘ book you wrote. That’s how I got to know you.

I’m currently trading mostly US and SG market.

My greatest challenge right now would be I’m not too sure how to identify the market that is trending right now.

I mean is it purely random, the market that we choose? Then we monitor it, and we place our trade once we identify that there is a trend. Or is there a better method?

Hope my reply is not too long winded.

Looking forward to hearing from you.

Best regards,
Zachary

Some jumping off points: 1, 2, 3, 4.

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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:

Dear Michael,

Greeting from PA, 18615. We are on the Susquehanna.

I’m 73 years young. We retired sold our home to live the rest of our lives up here in god’s country. I’ve never been happier in my life. People are wonderful, slower pace and not as expensive as mainline Philadelphia. I’m a student of the market. Have all your books, movie, etc. Listen to all podcasts. Have promoted you whenever I can. You have become part of my life. Your work has been so inspirational to me and others. Keep up the great work. Keep up the great work. Good trading.

Respectfully,
Bob S.

Thanks!

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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:

So many idiots seem to think 65% winning trades never vary from 2 to 1. Well look I’ve had 5 losers out 10, this doesn’t work. Yeah it’s probably “different this time too” Janet Yellen said so.

Have your book, haven’t read much of it yet but will. Read some on your website, Youtubes etc. All have been good, no BS. Discipline is most people’s problem that I see. Over trade/fear myself included. Gray hair has stopped a lot of foolishness or maybe the foolishness gave me gray hair. Energy been hard to trade with politics lately but most markets behaving. Grains never seem to trend well for me spend too long consolidating. Like to stay in continuously long or short, been hard to do with grains so seldom trade them.

Good Luck with your endeavors.

Ken H.

Thanks, but I might suggest tightening up that system. Loose sounding. Even more food for thought.

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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 I Love This Podcast 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:

I enjoy reading your emails, although, we do have different trading styles. I appreciate the ideas and strategies of your emails. I remember when my system was still in it’s early development stages, 89-90, I entertained the idea of being a Commodities Trading Advisor. I worked with a gentleman who at the time had a brokerage firm in Miami Florida called [name] Trading. His first name was Richard. He was Reagan’s advisor in metals. At one time, and I was schooled on all types of trading (tricks), perks I will call them, but in time became valuable to me. Why I like day trading verses trend or (swing point) trading? I enter my position at or shortly after the open, make my target profit, then out, work day usually done by noon [disagree strongly] or shortly there after. Since I already know what to expect, it’s easy stress free trading. No waiting and having to go through the emotional roller coaster that comes with it, as you watch the markets up and down movements. I know you know what I am talking about. Anyway, soon as I can, I will start showing you. Happy Trading my friend.

Swing trading? Day trading? Not recommended.

Thanks for the note, but that path is anything but clear! A good 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.