Subscribe now and watch my free trend following VIDEO.

Blog

“I think the stock market is the right place for me if I can manage my psychology…”

Feedback in:

Hello Michael,

Firstly, let me introduce that I am a CANSLIM follower–which is a trend following system.

I think psychology is the biggest challenge I have faced. Last year I doubled my capital in a beautiful rally market. That is not bad for a beginner like me. Then I increased leverage. That may be a big mistake for me.

I hope to study more as I think the stock market is the right place for me if I can manage my psychology.

Best regards,
[Name]

It’s system + psychology.

It’s both. Together.


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.

“There are so many indicators, time frames, setups, long or short…”

Feedback in:

Biggest challenge is figuring out what to focus on and study as there are so many indicators, time frames, setups, long or short. I feel like I’ve touched bases on a hundred different things but cant narrow it down to a couple things to just master. Plus I hate how when I join a group and they have hundreds and hundreds of videos some well over an hour and it drags out and becomes overwhelming. I like simple step by step instructions without all the fluff commentary in between.

Go #trendfollowing.

Straightforward.


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’ve Drunk the Trend Following Kool-aid…”

Feedback in:

Michael,

The change: I still have faith that TF works.

I’ve drunk the TF kool-aid.

I’ve written spreadsheets for moving average crosses with VBA code to parse through 20,000 combinations of MA’s to find the best regions of performance. This is implemented. Need to refine stop losses and add more markets. Need to add automated data download.

For the break out system, I can’t find a combination that beats long-only buy-and-hold on S&P data. Validating my code and hoping to find an error. “Head-banging on Wall.”

[Name]

Are you only trading one market alone?


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.

“Your podcast has stoked a never ending… enthusiasm for the world of investing, trend-following, and psychology”

Feedback in:

Hi Michael,

Your podcast has stoked a never ending (up to this point) enthusiasm for the world of investing, trend-following, and psychology. An attempt to learn something new everyday from you and your guests. Thank you for sharing your wisdom. I’m a fan of the psychological aspect as well, which I find truly fascinating.

I listen to other podcasts, Meb Faber Show, Masters in Business, etc. I added yours first in an attempt of how to invest my money better and not just blindly follow buy and hold. I was able to go on and fly through reading TurtleTrader, which initially set me on course for your podcast. That was my light bulb moment if you will.

This all brings me to the impact trend following has had on what I notice in my daily life. When I see things outside of investing I can sometimes immediately connect them with the idea of trend following and then it makes me think I should write to thank you. Even when I was watching a cybercrime show on Netflix and the episode was about the Nigerian email scams, it brought me to why they do it. It’s so easy for them to send these emails (place many bets), and then all they need to to hit (get a return) a few suckers and they can do very well. That hit % could be 40%, 30%, much less. Similar to trend following, when you hit though you may hit big.

I think it would be a fun interview if you could get Robert Cialdini. I don’t think you’ve had him on before. Excellent work into psychology would be an amazing interview similar to Kahneman.

Personally, I still diversify my investments which include trend-following, buy-and-hold and value. However, these do not match my passion from research based on your insights for trend-following and I thank you for that.

I also hope to make it to Asia since I have never been outside of the US. I’m excited for it, based on what I have heard from you. I have a friend in Tokyo, but if I ever make it your way maybe I can buy you drink or meal for all of the insights you’ve put in the public domain.

[Name]

Thanks for the feedback! Cialdini has been on my show!


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. 744: TurtleTrader with Michael Covel on Trend Following Radio

TurtleTrader with Michael Covel
TurtleTrader with Michael Covel

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue TurtleTrader 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.

“What chapter should I fast forward to?”

Feedback in:

Hi,

I’ve recently bought your Trend Following book. I’m up to page 30 give or take, please what chapter do I go to learn how to trade? There’s no doubt that trend trading works. I don’t need to know that. Dunn made a fortune. I need to learn how. What chapter should I fast forward to? Please tell me this book isn’t just advertisement for your $2000 program?

Regards
[Name]

Do you know what winners do? They take that book in your hands and then read it cover to cover. Then they go apply it. If that’s not enough – maybe they seek me out for more help. If that’s enough – maybe they go to someone else or take a job somewhere. But you know what winners don’t do? They don’t whine.


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. 743: Eric Dugan Interview with Michael Covel on Trend Following Radio

Eric Dugan
Eric Dugan

Subscribe to Trend Following Radio on iTunes

My guest today is Eric Dugan, the founder of 3D Capital Management, where he runs two primary intraday systems: short-biased S&P 500 and long-short trend following S&P 500 using multiple global markets as inputs and indicators. His systems analyze the flow of markets around the world and attempt to identify how the action in a certain market will impact the S&P during U.S. trading hours. Eric has not missed a trading day since the inception of 3D Capital Management 11 years ago.

The topic is trading.

In this episode of Trend Following Radio we discuss:

  • Risk Control
  • Identifying trends
  • Profiting from weakness in the stock market
  • Trading world markets
  • Buying high and selling higher

Mentions & Resources:

Listen to this episode:

Jump in!