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Football Wisdom Translates Perfectly to Trading


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.

2014 Trend Following Performance

First performance column is December 2014. Second column contains 2014 totals:

Trend Following 2014 Performance
Trend Following 2014 Performance

Note: Shout to Jez Liberty and IASG for performance aggregation.


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. 313: Jean-Philippe Bouchaud Interview with Michael Covel on Trend Following Radio

Jean-Philippe Bouchaud
Jean-Philippe Bouchaud

My guest today is Jean-Philippe Bouchaud, a French physicist. He is co-founder and Chairman of Capital Fund Management, adjunct professor at École Normale Supérieure and co-director of the CFM-Imperial Institute of Quantitative Finance at Imperial College London.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

  • His firm’s performance for 2014
  • Whether trend following actually “died” prior to it’s “reappearance” in 2014
  • What trend following manages to exploit
  • Exploiting vs. exploring
  • Looking at volatility as a precursor to profit
  • Volatility as a measure of risk
  • Trend following as a genuine market anomaly
  • The behavioral biases in play as oil has fallen fifty percent plus
  • The feedback Bouchaud has received from peers on his newest paper
  • Whether other strategies exploit a genuine market anomaly
  • Bouchaud’s philosophy on transparency and “secrets” in his work
  • Why Bouchaud’s work culture is not a culture of MBA’s

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Gaining Experience in the World of Trend Following

A recent exchange:

Listener: I would enjoy the opportunity to gain lots of experience in the world of trend following. I would like to explore the opportunity of offering my employment services free of charge to anyone (yourself included) who could benefit from the services of a young, ambitious, intelligent and entrepreneurial spirit. I need to change my family’s life. We are a young family of 5 with a 7, 2 and 5 month old. My wife and I have discussed this at length, and I am ready to put in 24 hr days anywhere in the world. I have been an entrepreneur all my life. I am not scared to work. I am willing to relocate if you would agree that any opportunity presenting itself warrants it, or work remotely on any endeavour where I can gain more knowledge and some first hand experience. I am sure this is not the first email of this type that you have received. But mark my words, I am willing to give my all to anyone who needs assistance and help them make a lot of money! I just want to learn this business and learn from the best players in the industry if possible. I am ready for this. I have been on the outside looking in for way too long. I want to make the leap but do not have the experience. I am available any time of day or night to discuss this in further detail if necessary. 2015 needs to be a fresh start for me and my family. I am ready to give my all to whomever could use a hard worker in their business.

Covel: You have gone through all of my books and all of my podcast? My first big question.

Listener: No I have not completed all of the books and podcasts as of yet. I am completing the books and will have to start the podcasts. Admittedly, I have only ever listened to one podcast in my whole life which was one in which you were a guest speaker and that was via YouTube. I will commit to reading all of the books and listening to all of the podcasts by Wednesday Jan 14th at midnight. I will email you with my progress by 9am est on Wed Jan 15th or sooner if I complete this task earlier.

Weeks later:

Listener: I am in the process of finishing the books and have a big task of listening to all of the podcasts now. Would you like for me to ensure I have listened to them all before re-contacting you? I apologize for being late as I stated I would email by 9am this morning.

Covel: Sure, but you will also have many answers then.

Listener: Not sure I follow what you have said. Sorry. I had originally contacted you asking if you had any ideas or opportunities for employment or for me to enter the field and then you had asked if I read the books and listened to the podcasts.

Covel: Exactly. Your question will go a long way to being answered if you follow my instructions.


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. 312: Dan Hill Interview with Michael Covel on Trend Following Radio

Dan Hill
Dan Hill

My guest today is Dan Hill, a recognized authority on the role of emotions in consumer and employee behavior. He runs Sensory Logic, a scientific insights firm that analyzes consumers’ facial expressions to help companies better navigate consumers’ emotional decision-making processes.

The topic is consumer and employee behavior.

In this episode of Trend Following Radio we discuss:

  • What a face coding expert is
  • The evolutionary aspect to face coding and the 43 muscles present in the face; emotional decision-making
  • How Hill found his way personally into this field
  • Why we feel before we think
  • Being hired by the Milwaukee Bucks
  • The importance of a smile in the heart of a champion
  • The difference between technical skill and the factors that Hill is looking for
  • The importance of having the right amount of happiness
  • Some of the limitations of facial coding
  • How technology is intertwined with facial coding
  • Why a personality like Richard Nixon may never be President again
  • The say/feel gap
  • Whether we can learn how to avoid negative facial expressions and emotions
  • A trading system based on the movement of human faces
  • Where we might see facial coding moving to in the future

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Ep. 311: Mebane Faber Interview with Michael Covel on Trend Following Radio

Mebane Faber
Mebane Faber

My guest today is Mebane Faber, a noted author (The Ivy Portfolio), blogger, and portfolio manager with Cambria Investment Management. Faber is involved in many different areas of the market, extremely practical and pragmatic.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

  • The podcast medium
  • Trend following, buy & hold, and emotions
  • Anti-fragility
  • Ray Dalio, risk parity, and his strategies All Weather and Pure Alpha
  • Asset allocation as a buy and hold investor
  • Faber’s five ETF’s, and his factors for starting one
  • Deflation, inflation, Japan, why traders run out of the store when things are on sale
  • Value investing
  • What if governments didn’t meddle with markets

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Can’t Argue the Facts

Feedback in:

Hey Mike!

Just a quick one to say thanks for your podcast and your work. Just finished your book and have been listening to your podcast for about 6 months now. I’ve been studying in a share trading diploma here in Australia to get me started but as I’ve progressed I’ve noticed so many holes in the theories surrounding market timing in particular. I haven’t been content to just assume these methods work.

I’m a huge Oakland A’s fan and I’m a big sabermetrics guy. Trend Following looked like the most logical method of trading to me, but once you compared it to baseball it concreted it in my mind. It’s logical! You can’t argue a point (very well) with qualitative data. In my mind that applies to everything in life…. so why not trading?

Appreciate your insights.

[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.