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Please enjoy my monologue Not One Market with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
Want to learn more Trend Following? Watch my video here.
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Hey Michael,
Have been a keen listener of your podcast and purchased your latest book (the audio version as I don’t have much time to read at the moment). Am listening to your book again as we speak, so simple really yet so difficult for people to actually do for some reason – myself included.
Anyway I was wondering about your documentary ‘Broke’ (and anything else you’ve done doc wise for that matter). How can I watch it?
I’m trying to get my sh*t together to create a system. I dabble in stocks and occasionally futures but performance not exactly wonderful… not totally appalling either but not something you would want to rely on! Hence I’m trying to do something to change that, albeit slowly due to time constraints and the fact that any system takes time to develop. Trend following resonates so much with me though.
Anyway, a big thanks for all you do. Look forward to watching Broke and hopefully being able to call myself a trend follower some time soon… ish.
Regards,
[Name](Hobart, Tasmania)
My film? Boom.
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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• Frequently Asked Questions
• Performance
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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.
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Hi Michael,
Thought you’d get a chuckle:
I got a junk mail from ‘Dow Theory Forecasts’ with a sample of their newsletter from [date].
The Contributing Editor writes that their ‘Dow Theory’ indicator(s) is bearish, but they’re staying almost fully invested (86% – 89%) anyway. He goes on to mention the typical canards “you must be in the market for those 10% of days where all the gains are”.
Have a system, don’t follow it.
So refreshing to listen to people like you, Jerry Parker, Tom Basso, others!
Thanks for such a great podcast!
[Name]
Welcome!
More.
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
Before I begin, first of all I’d like to thank you for the massive amount of information you make available. I’ve read your book Trend Following (including the new edition) and also The Complete Turtle Trader – both books have helped to clarify the trend following concept for me.
Another huge thank you for your podcasts. I listen to this often, and I find it really keeps me motivated to go on building my trading-business (I’m planning to only trade my own money) from the ground up. There are also many other helpful things in there – on more than just trading. Thanks, and keep up the good work!
I just thought I’d mention that I’ve come across your information through Van Tharp‘s home study course-materials and books – and I’ve been using his stuff a lot to get myself in the right frame of mind for this business. I’ve found that the trend following concept fits my beliefs the closest out of all the other concepts. In saying that, I’m also an avid investor in property and real estate – where I’ve found that my strategies are actually a mix of Value/Arbitrage/Income and trend following wrapped up all in one.
I have been paper trading this system in recent times, and it’s not too bad – I’ve been whipsawed a lot, but right now I’m actually short quite a few positions and it’s looking promising – whilst others are all panicking and running for cover, I’m actually enjoying the downturn… even looking forward to it!
Thanks once again for everything – God Bless.
Cheers
Thanks. A good start is here.
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 Safi Bahcall, an American technologist, business executive, and author. He has presented at over 130 banking conferences, investor events, and medical meetings around the world, as well as at leading academic institutions.
The topic is his book Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries.
Jump in!
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Hi Michael,
I don’t even know where to start, but let me start first by saying thank you. Thank you for the time you put into hosting the numerous great interviews we enjoy.
I live in Romford, United Kingdom and started trading in 2011. I consider myself a contrarian, so luckily it came natural to me that trend following was the way forward, and this idea was strengthened by the same patterns I observed repeating themselves at very random times. Through great minds like Van Tharp, I realized the important things such as bet size and staying solvent until the pattern re-appeared.
Fast forward a few years later I stumbled on your Youtube videos, which led me to research further, leading to your book and then on to your podcast. And I have learned so much not just with regards to the markets/ trading but many other general subjects which contributes to my overall learning and self-improvement.
But here is where you have made the most impact on me. A little while ago, I went out one night with a friend and we randomly decided to drop by in a casino which was in a mall we hung out. I had never been inside a casino and was impressed by the very luxurious environment. I eventually got attracted to the game of roulette where lots of money was won and lost and I must say I immediately noticed the same sort of decision-making that is common in my own world of trading. These include adding to losers, no strategy/game plan, pure GREED when things go their way and ultimately a complete lack of money management. I was fascinated at the similarities, I went away that night longing to study this game. Before long I began to visit the same casino regularly, never to play but observe, and it was at this point that I discovered that patterns do exist. I immediately knew that if the patterns were actually there, given the high odds of the game, it could be extremely profitable. After collecting 11,237, session samples over 4 years (using online casinos), I was no longer guessing, because the data I had collected was evident.
I would never have had the patience to carry on with this research over a long period of time if it weren’t for your podcasts and the many guests who in some cases had beaten black jack. The problem however is the general consensus is that Roulette cannot be beaten and I disagree. It cannot be beaten if you play it randomly (just as the markets can’t be beaten long-term if one approached it randomly). In one of your monologues you covered some guy who made a fortune on horse racing in Hong Kong, and that inspired me so much that I kept going in my effort to collect sufficient data.
The work that I have done with this game in my opinion is revolutionary and I would never have done it without the skills that trading required that I develop, but most importantly the many Michael Covel podcasts I often listened to in the background whilst collecting data and testing a strategy to reach my conclusion before implementing.
Thanks for all you do. I couldn’t thank you enough.
[Name]
Uh, roulette is going to be tough. The odds are against you.
Trend following is more interesting.
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 believe my biggest challenge is finding a quality strategy. I have only been in the stock market for a little over a year and have spent most of my time on free education and books. I know that this will not be enough and most of my learning will come by experience. I plan to purchase education courses and recently discovered your books and courses. I like your approach of the bigger picture and price only. I value businesses for my career and can’t find and a connection between the business cash flow and price that would lead to successful trading. If I had one question it would be if I purchase your course would I be left with a strategy to trade with? I know that you cannot guarantee success. Having an educated approach to the market is what I’m seeking.
Thank you,
[Name]
Start here.
Yes, you will have a strategy. 100%.
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.