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“What does the visualization do?”

Posted on by Michael Covel

Feedback in:

Hi,

Are all trend followers use spreadsheet alone to trade? Or they also use charts for visualization? I am having a hard time trading using spreadsheet alone and I tend to see a chart. It provides the visualization I need.

Thank you

Best Regards,
[Name]

What does the visualization do?

Are your trading decisions based on the price or visualization of a chart?

It better be price.

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
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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.

Ep. 444: No Charts, Trade the Price with Michael Covel on Trend Following Radio

Posted on by Michael Covel
No Charts, Trade the Price with Michael Covel on Trend Following Radio
No Charts, Trade the Price with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue No Charts, Trade the Price 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:

  • Why cultivating your second string is so important
  • Foreign players vs. U.S players
  • Accountability
  • Importance of honesty
  • Having the same standards for everyone
  • Importance of humility
  • Execution
  • A different perspective on goal setting
  • Looking at the big picture

“It’s a journey. It’s a process. It’s difficult. The joy is in the process. The joy isn’t in the final culmination. That fades away pretty quick… The journey is what you are most proud of.” – Gregg Popovich

Mentions & Resources:

Listen to this episode:

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

Get the foundation to making money in up, down and *surprise markets on the Trend Following mailing list.

Ep. 443: Simon Black Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Simon Black
Simon Black

Subscribe to Trend Following Radio on iTunes

My guest today is Simon Black, an international investor, entrepreneur, and a free man. His daily e-letter, Notes from the Field, draws on his life, business and travel experiences to help readers gain more freedom, more opportunity, and more prosperity. Hickman is a lifelong entrepreneur and investor that’s traveled to more than 120 countries on all seven continents. In addition, he’s started, invested in, or acquired businesses all over the world. He founded a South America-based agriculture company that has become one of the leading producers in its industry. A few years ago, he acquired a prominent retail brand in Australia, purchasing the business from the former 1980s era rock star who founded it.

The topic is sovereign men.

In this episode of Trend Following Radio we discuss:

  • Health care
  • Banking system
  • Government
  • Travel
  • Breaking the rules

“In the face of such obvious risks, hope drives us to do nothing, and to have confidence in the system that has constantly failed us.” – Simon Black

Mentions & Resources:

Listen to this episode:

Jump in!

Get the foundation to making money in up, down and *surprise markets on the Trend Following mailing list.

If You Can’t Write It Down… How Can You Trade It?

Posted on by Michael Covel

A great line from one of the oldest running trend followers:

“I’m very uncomfortable with black box trading where I’m dealing with algorithms I don’t understand. Everything we do we could do on the back of an envelope with a pencil.”

That “back of an envelope” remark must be a revelation for those people that imagine trading to be wildly complex. The real lesson here is the discipline to stick with rules during tough times.

Write It Down
Write It Down

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. 442: Process, Outcome and Sport with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Process, Outcome and Sport with Michael Covel on Trend Following Radio
Process, Outcome and Sport with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Process, Outcome and Sport 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:

  • Thinking about thinking
  • The importance of intellectual humility
  • The necessity of innovation
  • The longest view in the room
  • A contrarian mindset
  • A tolerance of uncertainty
  • Be long science
  • A healthy respect for tradition
  • A reverence for disruption

“We talk a great deal about being curious, not critical. About asking the question until you understand something truly. About not being afraid to ask the obvious question that everyone else seems to know the answer to. And about the willingness to say three simple words, ‘I don’t know.’ Tesla’s Elon Musk describes his everyday stance as, ‘You should take the approach that you’re wrong. Your goal is to be less wrong’.” – Sam Hinkie

Mentions & Resources:

Listen to this episode:

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

Get the foundation to making money in up, down and *surprise markets on the Trend Following mailing list.

Ep. 441: Jesse Lawler Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Jesse Lawler
Jesse Lawler

Subscribe to Trend Following Radio on iTunes

My guest today is Jesse Lawler, the host of Smart Drug Smarts, a podcast that is centered around supplements people can take to augment brain function. He is also the Co-founder of Axon Labs, which sells nootropic stacks.

The topic is neuroscience.

In this episode of Trend Following Radio we discuss:

  • Cognitive performance
  • Veganism
  • Effects of caffeine
  • Augmenting brain function
  • Dealing with mood, focus, creativity, and anxiety

Mentions & Resources:

Listen to this episode:

Jump in!

Get the foundation to making money in up, down and *surprise markets on the Trend Following mailing list.

Bill Ackman Feedback; Check the Ego!

Posted on by Michael Covel
Bill Ackman
Bill Ackman

Feedback in:

Michael,

Was on my daily post-trading hike, enjoying your Valeant podcast. As usual this one also very well done! You know, as I was listening it reminded me of an article I read a number of years back about [Bill] Ackman. I couldn’t remember where I read it, or even all the details, but remembered the article discussed this bike ride Ackman took where he was so [!@#$] egotistical I was thinking at the time this guy is gonna blow up some day. He’s the type that just can’t admit he’s ever wrong, and we both know in trading one had to lose at times to win. And then I heard the Podcast. When I came back from the hike I googled Ackman bicycle ride and it came up immediately; was in Vanity Fair.

Keep up the good work!

Best,
[Name]

PS. Something else I wanted to tell you. After enjoying a Tom Basso podcast, [we connected]. Then a few months ago he posted something about the [location] in [location]. I emailed him and mentioned my [location] home is less than a mile from there. He emailed me back and we found out we’re within a mile of each other. Since then we’ve become friends, had dinner with [people] a few weeks ago. Thanks to you for hooking us up.

Very cool on Tom.

Tom coming on my podcast… really set a tone early on and throughout. Next time I am in the States I need to swing through [location].

And great article on Ackman.

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.