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A recent exchange:

Hi Michael,

I back tested a version of Donchian channel trading with parameters 20/20 weekly (only going long) on some Brazilian stocks, mid caps.

I ended up loosing (in the test) during all 2018 and was told that I needed to be comfortable with that. While I know that not every trade might be a winner, I believe the majority should be, at least 60%. For me it’s not acceptable to lose a whole year which was a bad performing year. A system must work in up- and downwards markets which this system naturally doesn’t (it only goes long).

I have not yet found a system that provides positive returns on a regular basis. This is my challenge.

[Name]

Your system?

1. Too short term.

2. Diversification not there.

3. Risk management?

Hi Mike,

Thanks for your short assessment. Point 2, I understand fully. To bet on Brazilian stocks only is silly as they tend to go quite uniformly, right? Point 1, I do not understand. As I read, Turtle, the original, is [this wise?].

Best regards,

[Name]

Go here: www.trendfollowing.com/video.

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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:

Hey Michael,

I hope this actually gets through to you. I just finished the Trend Following book and was completely blown away. I am a total newbie and am riding with training wheels right now but I think I’ve taken a big step in the right direction by reading your book and following your material. I’d say my biggest challenge is getting started. I am a brand new retail trader and don’t have any mentors or one on one coaching readily available to me. I’m reading every trading book I can get my hands on and researching every other resource I can find. I know I need to be as systematic in my approach as possible. I haven’t experimented with many actual trades but I did go through the beginner’s luck phase before reality made itself known and I gave it all back and then some. I’ve been hooked ever since. I’m looking forward to continuing my study, developing a system, testing it, and getting rolling. Until then I’m organically growing my account and taking a few paper trades every week.

Thanks,
[Name]

Welcome!

Some FAQs.

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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 Brent Huigens, an entrepreneur in the world of trading cards. He is founder and president of PWCC Marketplace, the largest seller of investment trading cards globally with more than $50 million in annual revenue. In 1998 Brent founded PWCC to provide buyers and sellers an efficient, honest and predictable marketplace. In 2012, he set his current engineering career aside to pursue the growth of PWCC full time.

The topic is trading.

In this episode of Trend Following Radio we discuss:

• Card trading
• eBay
• Professional grading
• Impact of the internet on trading cards
• Auctions trading

Mentions & Resources:

• Brent Huigens

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, good morning.

My name is [Name], I’m a 20 year old English teacher and gastronome in Brazil. I live in a small town called Americana, located on the country side of the state of São Paulo.

I’m not quite experienced in the market yet. I have been investing my money in some assets we have around here for about 3 years, but this is actually my first month trading in the stock market (here in Brazil we call it the Bovespa/B3).

The biggest challenge I have today is finding different information and distinct paths I could follow. Every piece of information I get to put my hands on says the same things: buy low, sell high. Buy and hold. Do the same things Warren Buffet did and you shall have plenty.

Your book was the first that I saw that had something different to say. Something new.

I don’t have a mentor or a kind of finances guide, somebody to teach me and lead me towards the light side (or the money side for that matter). All I have is me and my will to learn.

My hope is to become a better investor and a better trader. Day by day. And maybe someday be successful in getting out of this 3rd world country and only working if I want to and in what I want to. To make the money work for me and not me for it.

Thank you for your time,
[Name]

Here are some nice resources. Jump in!

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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 Eclectic Mega Episode 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.

Subscribe to Trend Following Radio on iTunes

Bill Wooditch is author of “Fail More: Embrace, Learn, and Adapt to Failure As a Way to Success” and a motivational speaker with a risk and financial background. He is founder and CEO of The Wooditch Group, a risk-management and corporate insurance firm. He mentors and teaches clients skills to harness the lessons of failure to create success driven opportunities. His approach is a physical, intellectual, spiritual and emotional journey based on 25 years of real life experience.

Bill’s first job out of college was at Liberty Mutual making insurance cold calls. It wasn’t a job he necessarily wanted, but it was an opportunity that he was determined to make work. On Bill’s desk, he had a ruler that read, “Activity Rules Success”. He made that phrase his motto for his work at Liberty – making the most calls he could everyday and noting what worked and didn’t. He figured that if he had the most activity and just kept pushing, he would eventually have a break though – and he did.

“What do you really want?” Bill uses this question often in presentations. Most are too afraid to do whatever it takes to make it. Perseverance has gone by the wayside and most want the easy job or quick success without the work. Bill has lots of “get tough” talks and works to put people in a growth mindset rather than a fixed mindset. With everyone having their own internal version of success, Bill teaches that first knowing: 1) What you are, and 2) Who you are, is how progress is made in figuring out how to reach that success.

In this episode of Trend Following Radio:

• Venture capital mindset
• Risk
• The power of reading
• Pre-internet
• Short-term thinking
• Steven King
• Keith Richards
• Growth mindset vs. fixed mindset

Mentions & Resources:

• Bill Wooditch
• Fail More: Embrace, Learn, and Adapt to Failure As a Way to Success
• @BillWooditch

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.

Food for thought:

• The 4 ‘Attachment Styles,’ and How They Sabotage Your Work-Life Balance
• Harvard scientists want to limit how much sunlight reaches Earth’s surface in order to curb global warming
• Advanced analytics in asset management: Beyond the buzz
• We Are All Active Managers
• Second Chances are Important
• The Investor’s Cheat Sheet
• Walmart Builds a Secret Weapon to Battle Amazon for Retail’s Future
• It’s Not Enough to Be Right—You Also Have to Be Kind
• Dissolve it
• Fighting the Scourge of the ‘30 Under 30’ List
• Top 10 Books Written By Billionaires
• The Kindergarten

Enjoy.

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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.