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Ep. 642: Eyes Wide Open with Michael Covel on Trend Following Radio

Eyes Wide Open with Michael Covel
Eyes Wide Open with Michael Covel

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Please enjoy my monologue Eyes Wide Open with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio we discuss:

  • Bullies
  • Overcoming obstacles
  • Desert island trading
  • Value investing
  • Toxic masculinity
  • Noise elimination
  • EMT

Mentions & Resources:

Listen to this episode:

Want to learn more Trend Following? Watch my video here.

“I have nothing to ask of you except.. continue to strive for excellence and share your work”

Feedback in:

Mike,

Thank you for speaking your mind and refusing to accept anything other than the truth; this world is too full of those who are afraid to even acknowledge reality, much less face it. I respect and appreciate your focus and thirst for knowledge and am grateful for having been exposed to your work.

I’ve always had a passing interest in trading and investing, but in the past few months this interest has transformed into a full-blown obsession. I’ve read the entire Market Wizards series, Trading in the Zone by Mark Douglas, your books The Complete Turtle Trader and Trend Following, as well as several more books and interviews from the likes of Ed Seykota, Mark Minvervini, and other successful traders who have written about their journeys. I’ve even read a couple of poker strategy books for additional insight on risk management and psychology. I regularly listen to your podcast and a few others on the topic of trading and risk-management. And I will not stop seeking and acquiring new knowledge.

At 22 years of age and 5 months from completing my undergrad degree in Finance, I’ve reached the point where I am certain THERE IS NOTHING ELSE I WANT TO DO and nothing will stop me from succeeding. I have been trading my own account (<$3000) for the past 6 months with increasing levels of consistency and success using a trend-following strategy I've pieced together from my research and limited backtesting (the research included in Trend Following is some of the most useful I've come across). So here's where I'm at: I have some skills, I have some knowledge, I have some experience, and will soon have a degree. Even more valuable to me is the confidence I have in my ability to succeed and my willingness to endure whatever pain it takes to achieve my goals. I come from a very humble background by US standards and am determined to create a better life for my family. I have nothing to ask of you except that you continue to strive for excellence and share your work with others. Your honest perspective, ability to convey information, and connection to a near-endless supply of relevant knowledge and experience have made a huge difference in my life. You have helped me see through the veil and discover what I really want in life and what it will take to get there. Maybe someday I will have the chance to repay you with a beer and a great conversation. Until then, discipline is the name of the game. Respectfully, [Name]

Good luck!


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.

“Your style… is so much more refined than 99% of the other podcast hosts…”

Feedback in:

I have listened to all the podcast interviews I could find with Mark Minervini and it is amazing how poor they are in comparison to yours. Most of the podcast hosts appear to be reading questions from a prepared list and don’t have enough interest to dig into Mark’s responses for their next question. Your style of talking to your guests is so much more refined than 99% of the other podcast hosts. Well done.

Thanks. I really don’t write questions any more. Couple pages of notes and then let it ride!


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 weird, BTW…”

Feedback in:

Hi Michael,

I thought I would reach out to you to let you know I have just reviewed your podcast on iTunes. I find your podcast inspiring and I am in the process of putting the knowledge gained into practice. Hopefully I can feature as a Success story in the future! I have also requested you as a friend on FaceBook. I thought I would let you know as I am sure you get lots of weirdos harassing you. You will have to be the judge on whether I am a weirdo or not!

I am thanking you in the best way I know by buying your new Trend Following book. I bought the 2003 edition already but at that time I wasn’t ready to absorb the information. Keep up the good work on the podcast, it is much appreciated.

Many Thanks,
[Name]

I am weird, BTW.


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.

“Funniest line ever from you…”

Feedback in:

Mike,

I just finished listening to your podcast episode 635 with Martin Ford… FUNNIEST line ever from you: “What is the only thing you learned in an undergraduate program and an MBA program? Well, I learned the definition of a sunk cost and an opportunity cost!”

Brilliant!
[Name]

It’s true!


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. 641: Josef Marc Interview with Michael Covel on Trend Following Radio

Josef Marc
Josef Marc

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My guest today is Josef Marc, an author, entrepreneur, and CEO of Publica developing in the publishing world via blockchain. Publishing companies are some of the most inefficient businesses around today. Josef not only has cultivated a strategy to work around many of the hang-ups created by working with publishers, but has re-imagined the process altogether.

The topic is Block Chain Publishing.

In this episode of Trend Following Radio we discuss:

  • Blockchain community
  • Progress bars
  • Fake reviews
  • Distributing a book on blockchain
  • Crowd funding
  • Tokens
  • Read tokens
  • Book translations

Mentions & Resources:

Listen to this episode:

Jump in!

“A reminder of how in, out, and around the finance box these guests are…”

Feedback in:

Mike,

Had to send you an email after seeing the Alison Gopnik interview pop up this morning. You’re outdoing yourself with the diversity of these guests, and I can’t thank you enough for the people you’ve directed me towards (I owe you Annie Duke and the Play Bigger guys particularly). I’m already familiar with Gopnik, but seeing the name was a reminder of how in, out, and around the finance box these guests are. You are literally an idea gold mine. Thank you.

Keep it up,
[Name]

Thanks!


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.