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Feedback in:

Hi Michael! I have read a couple of your books and I find them really interesting. So one approach is to learn trend following and trade yourself. Another approach is to invest your money with a money manager/fund doing trend following. I’m doing some small trading myself, but I was wondering if you know if there are any good trend following funds that are open to personal investors from Europe (Sweden)? I’m looking for funds that doesn’t require a very large initial investment.

Best Regards,
[Name]

I don’t have a list, but you can find names across my books and podcast.

Thanks much for the nice words.

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.

Gary Stone:

In baseball, even the best hitters fail most of the time. A player with a batting average of .300 actually hits the ball, on average 3 times out of 10. That means only 30% of his swings are successful hits! (The batting average (BA) is defined by the number of hits divided by ‘at bats’. It is usually reported to three decimal places and pronounced as if it were multiplied by 1,000: a player with a batting average of .300 is “batting three-hundred.) A player with a batting average above .300 is considered exceptional. One of the games most recognised players, Babe Ruth, had a batting average of .342 (34.2%). The ability to cope with this constant failure requires a strong mind, a short memory, humility, and a sense of humour. Each miss means the next home run is one step closer.

Players need to be able to process new information during the game in a dynamic and changing environment. They need a coach or mentor who they listen to and respond to. They also need to be able to adapt to changing life situations (marriage, children, divorce etc etc) whilst still operating at a high level. They need to be able to control the level of intensity and keep everything in perspective.

These same habits apply to our endeavours as traders and investors in the financial markets. By being aware of these psychological skills we can better master the traits required to achieve long term success.

Great insights.

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 thought I might like to tell you all that I love you for what you have brought to my life. In 2009, I started by trying to trade the market. I had great success in the beginning but since I had no real foundation that initial success didn’t last.

Years of frustration, followed by frustration… Last year I started reading. Really reading! No TV, no radio, no MSM, nothing. Just read books and listened to some podcasts. I started with Mark Douglas and then went to Jack Schwager’s books. That led me to Van Tharp and Michael Covel. I love, love, love Michael’s writing and podcasts. Awesome one on Jesse Livermore!

You might ask “what is my edge?” I basically use the Donchian Channel, I use a 2ATR trailing stop and then I stay out of my own way. I don’t buy the bottom and I have to give back some from the top to tell me the trade is over. But I have a written plan and so far, I am profitable – so there’s a clue. So I’ll let you know after two or three years/decades how it is going.

What’s my plan? My plan is to grow and prosper – spiritually, financially and in every way imaginable. My plan is to create “Infinite Wealth.” My plan is to do well enough to take several of Van’s and Alan’s workshops. I would also like to have a beer with Michael. I think those are all very realistic goals.

It must be a nice thing to have lived a life that has so profoundly changed the lives of others for the better. Blessings on you all. I am blessed to have found you.

Regards,
[Name]

Thanks for the nice words. Sure, on the beer!

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.