Subscribe now and watch my free trend following VIDEO.

Blog

“It instantly made me think of trend following and risk management…”

Feedback in:

Hi Michael,

I enjoyed your last monologue, I always look forward to them.

I came across this social media post, it had nothing to do with markets but it instantly made me think of trend following and risk management.

“If you get on the wrong train, get off at the nearest station, the longer it takes you to get off, the more expensive the return trip will be.”

Cheers,
Gary C.

That’s a great one! So trend following.


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.

“It has been instrumental in shaping my trading mindset…”

Feedback in:

Hi Michael,

I hope this message finds you well.

I’ve been a listener of your podcast for over a year now and thoroughly enjoyed your insights. I’ve also read Trend Following and found it both inspiring and practical. It has been instrumental in shaping my trading mindset.

Currently, I’m in the process of building my own system, guided by Trade Your Way to Financial Freedom by Van Tharp. It’s been an exciting journey so far, as I dive into backtesting, learning to code, and exploring ways to create something that truly works for me.

Today, I decided to take action and send the email you often encourage at the end of your podcast. I’m reaching out because I believe I have an open mind and would greatly value any advice, insights, or resources you could share to help me along this path.

Thank you for the inspiration and for creating content that challenges and motivates.

Best,
Gonzalo I.

Nice to hear from you. Let me know what you think about the video I just sent you.


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.

“All a trend following trader needs is an excel spreadsheet…”

Feedback in:

Hey Michael,

I’m enjoying your book and I’m in the middle of the Alex Greyserman interview.

You’ve said on your podcast that all a trend following trader needs is an excel spreadsheet. Can a person with an excel spreadsheet compete with these PhD Physists? I have trading experience, so I fully understand the concept of risk management and the idea that any trend follower win rate may only be 40%. So, what edge do these data miners have over someone who only has excel skills? Larry Williams has a story, in the Money Tree series, of a successful trader that had a “magic” necklace. When dangling the necklace, if it swung clockwise the market would trend one direction. If the necklace swung counter clockwise, the market would move in the opposite direction. The only reason it made money was that the trader cut the losses short if the market didn’t move in the right direction.

I hope you have time to respond.

Sincerely,
Daniel C.

You can compete. Read. Trend following does not involve magic necklaces.


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. 1323: Negative Error Culture with Michael Covel on Trend Following Radio

Episode 1323
Episode 1323

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Negative Error Culture with Michael Covel on Trend Following Radio.

Listen to this episode:

“Time management and data processing are the major factors that prevent me from…”

Feedback in:

Hi Michael,

My biggest challenge [on trading] is staying focused. I believe I have other issues as well, but time management and data processing are the major factors that prevent me from maintaining focus. Even when I do manage to concentrate, I often find myself getting lost in the details and ultimately confusing myself.

To address this, I thought that gathering information from a single reliable source could provide a solid foundation for measuring my progress in learning. Once I feel confident in my knowledge, I plan to transition into trading more seriously or professionally. At the moment, it’s more of a hobby—albeit an expensive one.

I know that trend following aligns well with my personality and meets my needs, with one major challenge: patience. I recognize that I need to train my ADHD to work with me rather than against me. That’s why I’ve decided to immerse myself in all available literature on trend following. I’m currently halfway through your book Trend Following and was about to order The Complete TurtleTrader.

Let’s see where this journey takes me.

Thanks,
John A.

I can help. Start here.


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.

“Use moving average crossover as my entry signal and will exit the position if…”

Feedback in:

Hi Mike,

I plan to use moving average crossover as my entry signal and will exit the position if the averages cross back after backtesting. I intend to manage my position size to a 1% risk of my total capital, utilizing the Average True Range (ATR) for this purpose. My strategy involves taking profits when the moving averages cross back or if the price closes below the moving averages (trailing stop). I won’t be using candle or pattern analysis, nor will I consider support or resistance levels in my market analysis.

Given this approach, would you consider me a trend follower?

Khalid

I teach a more involved method than this. More issues like money management and portfolio issues.


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 book has changed my perspective in trading…”

Feedback in:

Hi sir,

I’m just a passionate trader from Ho Chi Minh. I just want to say that your book has changed my perspective in trading. I was following the global macro approach for a year now just to find that the predictive approach is quite hard for anyone to be consistent over time. Now I’m on the process of building my own automated trend following systems and just a surprise for me that you are also living in Saigon. Hope that in the future I can have the chance to meet you in person to discuss more with you about the method.

Ok!


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.