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Rickson Gracie, Malcolm Gladwell, The Turtles (Band) and the Pixies All to Make Trend Following Connections

Episode #22 of my monologue series is live on the podcast–listen on iTunes. Also:

Do I get some props for bringing Rickson Gracie, Malcolm Gladwell, The Turtles (Band; their biggest hit) and the Pixies into the same episode?


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.

Ep. 43: Van Tharp Interview with Michael Covel on Trend Following Radio

Van Tharp
Van Tharp

Van Tharp is on the podcast:

My guest today is Van Tharp. Tharp runs the Van Tharp Institute and is the author of four acclaimed books. He was also featured in Jack Schwager’s Market Wizard’s: Interviews with Great Traders. Van Tharp received his Ph.D. in psychology, is a certified Master Practitioner of Neuro Linguistic Programming (NLP), a Certified Master Time Line Therapist, a certified Modeler of NLP, and an Assistant Trainer of NLP. He has used his expertise in NLP to create the successful models of trading and investing upon which so much of his work is based. Tharp also was also considered for the original Turtle program with Richard Dennis and Bill Eckhardt.

The topic is trading psychology.

In this episode of Trend Following Radio we discuss:

  • Tharp’s psychological expertise to explain why trading psychology is so important to being a successful trader
  • Importance of happiness in relation to trading psychology
  • The influence of Tom Basso, Bill Eckhardt, and Ed Seykota (and his concept of “market’s money”)
  • The notion of self-sabotage

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Mark Douglas Spot On: In the Zone

Mark Douglas offered:

1. Anything can happen.
2. You don’t need to know what is going to happen in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing happening over the other.
5. Every moment in the market is unique.


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 Love How Larry Hite Thinks

Had a chance to catch up with Larry Hite yesterday on the phone. A great line paraphrased from him during our call:

“[Some people] have a handicap–they are beautiful and smart (heavy on the sarcasm). How do they get around that? You need to always have an extra motivation–a real handicap even if imagined. You need it to do more, stand out more and be more creative.”

Always love to hear Larry think.


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.

Learn A Stop Loss Method from the Stoics

An excerpt from The Power of Negative Thinking:

Ancient philosophers and spiritual teachers understood the need to balance the positive with the negative, optimism with pessimism, a striving for success and security with an openness to failure and uncertainty. The Stoics recommended “the premeditation of evils,” or deliberately visualizing the worst-case scenario. This tends to reduce anxiety about the future: when you soberly picture how badly things could go in reality, you usually conclude that you could cope. Besides, they noted, imagining that you might lose the relationships and possessions you currently enjoy increases your gratitude for having them now. Positive thinking, by contrast, always leans into the future, ignoring present pleasures.

More:

The social critic Barbara Ehrenreich has persuasively argued that the all-positive approach, with its rejection of the possibility of failure, helped bring on our present financial crises. The psychological evidence, backed by ancient wisdom, certainly suggests that it is not the recipe for success that it purports to be.

A good stoic primer. Also, a video.


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.

Proof Positive for Why the Company’s Story or Service Never Connects with the Share Price

The parabolic charts all look the same–both up and down. How are you going to trade the next one?

•••


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. 38: Brad Rathe Interview with Michael Covel on Trend Following Radio

Brad Rathe
Brad Rathe

Trader Brad Rathe:

My guest today is Brad Rathe, a trader, and programmer. Rathe allocates funds to other traders, as well as operates his own global macro fund. Rathe has worked at such firms as EMC (original Turtle), Northbourne, and Rotella. Rathe moved to Chicago the day he graduated college and immersed himself in the pits of the Chicago Board of Trade, initially working in the “meats” pit (pork bellies, live cattle, live hogs, and feeder cattle).

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

  • Practical/physical factors involved in the futures pit in the late 80’s/early 90’s
  • The move to screen-based exchanges (computer trading) replacing floor trading
  • Working at Globex
  • How the CTA business grew under the Turtles
  • The importance of programming
  • Tweaking and changing your trend following system
  • MF Global, Madoff, Wasendorf and other cheaters
  • The importance of being unemotional during a big blowup

Listen to this episode:

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