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Feedback in:

[Biggest challenge in trading] I got caught up in over trading and I’m mostly recovered by now.

I discovered the trend following concepts by myself as a consequence of my background in pattern recognition and feature extraction of details in music — I discovered what makes music swing for my masters thesis research, wanting to play Brasilian music authentically.

I’m constantly looking for new and better info about markets and trading. Turtles came onto my radar a few years ago but I only recently looked into it thanks to ThriftBooks suggestions.

I’m looking forward to an interesting connection with you.

Thanks.

Ken L.

Start here.

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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
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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.

Feedback in:

My biggest challenge [in trading] is selling winners too soon.

Anthony

What is your trading strategy and time frame as of now?

My main strategy has been momentum day and swing trading small cap stocks with low floats experiencing high relative volume.

I closed 2022 and 2023 with losses of about 2k each year so I’ve taken a break from trading serious money until I can be consistently profitable in a simulator and with small amounts of cash.

Most of my losses came from getting in at the top of stocks moving way too fast and most of my gains were quick swing trades, completed in 2-3 days.

Most of my education so far has come from [names]. So I’m still very much a beginner.

I recently bought your main book Trend Following – I really like the simplicity of the trend following approach since it has a lot in common with momentum trading strategies.

Let me be blunt — I would toss your current strategy asap. It’s a dead end. Day trading, a dead end.

Trend following is the path.

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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.

Feedback in:

Mike,

I’ve done the research enough to know I want meaningful allocation to trend following as a permanent part of my portfolio, and the most affordable access for retail are the relatively new ETFs (past 5 years, but mostly since the strategy crushed it in 2022 when it was desperately needed to bail out all the 60/40s that didn’t own any).

I currently have starter positions in DBMF, CTA, KMLM, and the two new Jerry Parker funds (TFPN and the less well-publicized MFUT). I am investigating ASMF, AHLT, RSST, and HARD, which include some very differentiated strategies, to say the least. Did I miss any notable tickers?

Assuming I’m building a deeply diversified portfolio including gold, cash, stocks, bonds, and alts, how should I think about sizing my allocation to each? Are there any you dislike and why? Is there one or two you love and why? Jerry is a purist known for a long look back, but which of these (if any) do you see as fast (more reactive, shorter look back)? I see merit in having a mix of faster, medium, and slow trend funds. The fast ones might profit less over time but may reduce my need for long vol/tail risk assets which tend to bleed.

I’ve listened to many episodes of your show and love the ones featuring the people making affordable trend following accessible to the masses, so thank you for putting it out there!

Best,
Dan S.

I primarily help people to understand and trade trend following methods. Allocation questions like yours? There is no set answer, there is no optimal answer and every answer is personal. People have different goals/aspirations.

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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.

Feedback in:

Hi Michael,

My name is [name], and I’m reaching out after reading your books “Turtle Trader” and “Trend Following” (I’m about 85% through the latter). I’ve been investing for around 4 years now, which has been quite a journey in itself. However, for several years, I’ve been contemplating transitioning into trading as a way to generate additional profits to further fund my long-term investments.

One of the biggest challenges I’ve faced in getting started with trading is taking that initial step and creating entry rules for myself. I’m also struggling with recognising when a true trend is developing. Despite this, I’m adamant that I need to complete at least 300 practice trades before going live. Yet even getting started with practicing has proven difficult, as I have many ideas swirling in my head but am unsure of where or how to begin implementing and developing my trading system.

So far, I’ve developed the following basic rules for myself:

1. Risk 1 to make 10 – This rule predominantly relates to risk management.
2. Make no more than a maximum of 2 trades per week.
3. ALWAYS use a stop loss.

I look forward to hearing your thoughts and any guidance you may have to offer.

Kind regards,
[name] K.

You don’t have a system yet. Not even close. Start here.

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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.

Feedback in:

I’m curious about the indicators used in trend following. If many people learn and follow trend following, do the indicators used in trend following change? Do they lose their effectiveness?

People are irrational. Markets are inefficient. Trends never stop. Trend following is timeless. Zero evidence it’s stopped working because people drive markets, and trend following captures that.

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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.

Subscribe to Trend Following Radio on iTunes

My guest today is Rob Wolcott, Co-Founder & Chairman of TWIN Global. Rob is an Adjunct Professor of Entrepreneurship at Booth, and an Adjunct Professor in Executive Education at the Kellogg School of Management. He serves on the advisory board for the Open Innovation Lab of Norway; H-Farm, the leading digital innovation ecosystem in Italy. Wolcott is also a managing partner with Clareo, an innovation strategy consultancy serving senior executives at global corporations such as Exelon, BHP, Griffith Foods, Zurich Insurance, Owens Corning and others.

The topic is his co-authored book Proximity: How Coming Breakthroughs in Just-in-Time Transform Business, Society, and Daily Life.

In this episode of Trend Following Radio we discuss:

• Entrepreneurship vs traditional jobs
• Optionality and portfolio careers
• Digital technologies and proximity concept
• Innovation in supply chains
• Technological advancements
• Concentration of power in large platforms
• Role of dystopias and human behavior
• Preventive healthcare and technology
• Cultured meat and sustainability

Mentions & Resources:

• Rob Wolcott
• Proximity: How Coming Breakthroughs in Just-in-Time Transform Business, Society, and Daily Life
• Twin Global

Listen to this episode:

• Listen to this podcast on iTunes. (Please leave a rating!)
• Listen on Spotify.
• Libysn RSS.
• Download as MP3 by right-clicking here and choosing “save as.”
• Free Video.

Jump in!

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Larry Williams Redux with Michael Covel on Trend Following Radio.

Listen to this episode:

• Listen to this podcast on iTunes. (Please leave a rating!)
• Listen on Spotify.
• Libysn RSS.
• Download as MP3 by right-clicking here and choosing “save as.”
• Free Video.

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