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“Wanted to thank you for providing this fantastic service to the world of trading…”

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Hi Mike,

I have recently picked up a copy of Trend Following and also found your wonderful podcast. Just finished listening to as much Tom Basso and Jerry Parker as you have on there and feel like Neo from the Matrix when he wakes up from having all the martial arts uploaded into his brain.

*opens eyes and turns to Morpheus* “I know kung fu”

Anyway, just wanted to thank you for providing this fantastic service to the world of trading! Also, at the end of your podcasts you say to email you and that you’ll send us everything that we need to get started. If you have time could you please point me in the right direction?

If it helps figure out what I need, my background is like this:

– Been in the market since 1999 (got in due the mania, subsequently got killed and learned great lessons from getting killed…good thing I was only 20 and didn’t have much to lose!).
– Have become a competent investor in the value investing mold over the last 20 years and believe that it works, however who has the time or inclination to learn everything and anything about hundreds of companies? I do this for fun but cannot spend 40 or 60 hours a week doing it.
– Have traded on the side as this is what I love to do.
– Recently found Trend Following, and the light-bulb went off–> this is the thing I knew worked intuitively as my most profitable trades have been from breakout highs/lows.
– Recently handed my company to a CEO that I have been grooming for a few years and can now follow my passion of trading. willing to work hard at it.
– I do not have the gambling/excitement about trading any more, and just want to make money. Am very happy to just set buy and sell stops according to a mechanical system and take all the losing trades if it means winning overall. Losing 70% of the time and taking draw downs is fine with me.
– Generally have always had a probability based mindset. I love games like limit poker where if you play correctly and play the odds, you will eventually win out. I do not care about short term unlucky moves against me if the long term system is sound. Have made a good chunk of money in poker and fantasy sports where you can systematize winning

Thanks again!

Mike S.

Video sent!


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.

“While I am a full believer I am embarrassed to say it took me a few years too many to get started…”

feedback in:

Hello Michael,

A couple of years ago I read your TurtleTrader book, got real excited then dropped it, and now have read Trend Following, I have The Little Book Of Trading queued up to read as soon as I finish Jesse Livermore’s How To Trade In Stocks and Nicolas Darvis’s How I Made $2,000,000 in the Stock Market.

While I am a full believer I am embarrassed to say it took me a few years too many to get started. I do have two questions I haven’t been able to nail down an answer to just yet that I’m hoping you can point me in the correct direction to finding the answers to:

I’ve been listening to your Podcasts, currently up to #18. One thing I’m a bit confused about is all the talk about the accounts under management taking a hefty draw down while the market is moving sideways. Wouldn’t a trend follower be out of the market at times like those waiting for a trend to develop? Or is it because they are managing other peoples money they still have to be in the market trying to catch any trend no matter how small?

Thanks for the attention,
George

You can’t be a trend follower on one market alone. Whipsaws from many markets, small losses, add up.

That’s how it happens. Make sense?


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. 778: Feynman Teaches Us All with Michael Covel on Trend Following Radio

Richard Feynman

Feynman Teaches Us All with Michael Covel
Feynman Teaches Us All with Michael Covel

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Please enjoy my monologue Feynman Teaches Us All 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.

“Don’t Mess with the Five Minute Stuff…”

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Hi Michael,

My biggest challenge has always been patience. Not being able to be patient enough to wait for the right moment and presuming all the time that market would go in a certain direction before this happened. I did it over and over again despite a track record that told me to stop.

Often my lack of patience took me to lower time frames to see more action, and I tell you so many people in various forums on the internet look for signals on the 15 min time frame, or even 5 m. This got me even worse results since it is really guessing on the noise of the market, full of fake directional moves and quick comebacks.

My guess after reading your books and the material you sent me by now is…I think I pretty understood the signal of entry, but I did not get exactly the correct exit point–the moment when we can be fairly sure the ride is over. I hope to get more info on this aspect in your soon following material.

All the best,
Paolo (Brazil)

Don’t touch that 5 minute stuff!


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. 777: Jerry Colonna Interview with Michael Covel on Trend Following Radio

Jerry Colonna
Jerry Colonna

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My guest today is Jerry Colonna, the founder and CEO of Reboot.IO, Inc. Colonna is a certified professional coach, Colonna draws on his wide variety of experiences to help clients design a more conscious life and make needed changes to their career to improve their performance and satisfaction. He established his coaching practice in 2007. Prior to this work, Colonna was venture capitalist focused on investing in early stage technology-related startups. In 2002, Colonna became a partner with J.P. Morgan Partners (JPMP), the private-equity arm of J.P. Morgan Chase where he led the firm’s investments in companies such as ProfitLogic Inc. Colonna served as a director at ProfitLogic until its purchase by Oracle Inc.

The topic is his book Reboot: Leadership and the Art of Growing Up.

In this episode of Trend Following Radio:

  • Jerry shares his unusual yet highly effective blend of Buddhism, Jungian therapy, and entrepreneurial straight talk to help leaders overcome their own psychological traumas. Reboot is a journey of radical self-inquiry, helping you to reset your life by sorting through the emotional baggage that is holding you back professionally, and even more important, in your relationships.

Mentions & Resources:

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“It is a philosophy with practical applications which demands of you to think-think-think…”

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The concept of trend following is amazing for me. It is a philosophy with practical applications which demands of you to think-think-think, which demands of you to do the the right thing, the hard thing, the simple thing. Demands you internalize that you live in a constant state of uncertainty – and what to do about it.

I decided I want to trade, I want to do it by myself, and I want to do it the trend following way. Your book ‘Trend Following’ gave me the philosophy to think as a trend follower, yet I really have no clue where to start.

Again, thank you very much. You are a sane voice in a crazy world.

I best help people with my website, books, podcast and Flagship training and systems. For people who want my personal support, for those who need the extra training, and for those needing systems right now — Flagship is a wise move.


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 eager to learn trend trading…”

Feedback in:

I have never traded my own money. I was a private client advisor in Australia (I’m American BTW) for 4 years and that is the extent of my trading. Though I have been aware of the Turtles for a long time and I know that my successful friends who trade are all trend traders except for one guy who worked trading options in the pits on the floor of NYSE. But I am eager to learn trend trading.

Cheers,
Michael

A good start: 1, 2, 3.


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.