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“I trade with fear and regret to lose, and then regret to miss the chances…”

Feedback in:

Hi Mr. Covel,

I’m not sure if you are bot or real human.

I’d like to share the biggest challenge [on trading].

First one, I don’t know what’s the best trading way. There are kinds of winners— day trader, long-term trend trader, fundamental trader, technical trader. And there are so many tools, charts, indicators. It looks like all of them are effective. I have read Schwager, Larry William and John Murphy. The more I read, the more confuse I am.

Second one, I trade with fear and regret to lose, and then regret to miss the chances.

Could you please tell me the secrets of winner?

Sincerely,
Feng

Trend following is where you want to be. You are not there yet. Explore all of my links below!


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“Unreliable stock gurus who promised unrealistic returns, I wasted both time and money…”

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Hi Michael,

I’m thrilled to finally enroll in your trend following course! I’m both excited and a bit nervous to dive in. After spending a lot of time on YouTube listening to what felt like unreliable “stock gurus” who promised unrealistic returns, I wasted both time and money. Thankfully, I believe I’ve finally found a trustworthy course that can genuinely help me reach my goal of financial independence.

I truly value your expertise and see you as a mentor who can guide me through the complexities of stock trading. I’m eager to learn and would be grateful for your full support and guidance as I move forward.

Thanks again
B. U.

You are welcome.


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.

“Risk and allocation continue to be the biggest challenge…”

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The biggest challenge I have faced in trading is only taking small positions. I have been trading for 20 years off and on, I started in college without much money. Risk and allocation continue to be the biggest challenge.

Thanks,
Dan S.

Time for a system. 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.

“It would seem to make sense to maximize the benefits by applying that knowledge to shorter term trends…”

Feedback in:

Hello Mike,

Reading through the FAQs this morning, and wondered if you could expand on this one:

Q: Can your courses and systems be applied to shorter time frames like hourly or 4-hour charts? Does day trading work in conjunction with trend following?
A: No. Day trading is fool’s gold. Michael’s systems and courses will be worth millions to you over a lifetime.

I can understand why people ask the question – it seems logical that shorter term trends ‘ought’ to be tradeable in the same way as longer term trends.

I’m now retired and giving serious consideration to the Trend Following course(s) come autumn (fall) so that I can manage a retirement account, spending a limited amount of time daily managing with daily charts, or possibly a limited amount of time weekly with weekly charts.

Assuming I managed to master the Trend Following course successfully, as I have time available to monitor markets intraday, it would seem to make sense to maximize the benefits by applying that knowledge to shorter term trends with a separate trading account, as a way of using available time to generate additional returns/income, instead of looking for some other completely novel way of generating additional income.

Hope this makes sense.

Regards,
Malcolm U.

Intra day trading is a different animal. It’s not trend following at all. You don’t get the chance to ride the massive trends that can go on for months. And transaction costs kill you. Given all my work on TF I don’t see any logic in the short term trading pursuit.

Timeless wisdom from a legendary TF: https://www.trendfollowing.com/2005/03/01/seykota-on-short-term/


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. 1303: Trend Following Logic with Michael Covel on Trend Following Radio

Episode 1303
Episode 1303

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Trend Following Logic with Michael Covel on Trend Following Radio.

Listen to this episode:

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

“I trade trends but I never use volume…”

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Hi Michael,

Thank you for your interesting site, which I have visited often for a number of years.

I have read the book “Humphrey Bancroft Neill: Tape Reading and Market Tactics” from your site.

My question is just, why is this book relevant for trend following? The book talks mostly about volume. I trade trends but I never use volume for determining my trades.

I also saw that you previously have answered a feedback on volume with the following link.

Regards,
Kim

Trend following is not about volume indicators.


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.

“Jerry Parker completely contradicts this by saying the Turtles were trading four different systems…”

Feedback in:

I recently listened to an interview with Jerry Parker (link). In the first part of the talk, a listener asks a question for Jerry and Niels Kastrup Larsen. It’s about pyramiding … I have Curtis Faith’s book “Way of the Turtle” in both of those sources they do describe a method of adding to winning trades based on price quickly hitting certain profit amounts. But Jerry Parker completely contradicts this by saying the Turtles were trading four different systems. Each with their own “X” day breakout entry criteria which is not really pyramiding at all in the common sense of the word. So my question is simply which version is correct? Or did the system mechanics change over time? Since you are recognized as a leading authority on the Turtles, I thought that you would be a good person to ask. I look forward to hearing your reply.

Thanks,
A.L.

A few things:

— Parker was the most successful Turtle. Period.

— Faith? You may want to read my book on the Turtles. He’s not a useful voice.

The Turtles had different length systems and had pyramids. They also had discretion to pick parameters they would follow consistently, as long as within the system rules.


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.