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My guest today is Andrew McAfee, a principal research scientist at MIT and co-founder and co-director of the MIT Initiative on the Digital Economy at the MIT Sloan School of Management. He studies how digital technologies are changing the world. Throughout his career, McAfee has written and co-written several books on digital technology and related topics. He speaks frequently to both academic and industry audiences.

The topic is The Geek Way: The Radical Mindset that Drives Extraordinary Results.

In this episode of Trend Following Radio we discuss:

• Geek way mindset
• Evolution of technology
• Successful geek-driven companies
• Challenges faced by geeks in different industries
• Netflix and its success
• Quality vs quantity in content production
• Opportunity and challenges faced by streaming platforms

Mentions & Resources:

• Andrew McAfee
• The Geek Way: The Radical Mindset that Drives Extraordinary Results
• No Rules Rules: Netflix and the Culture of Reinvention by Reed Hastings and Erin Mayer
• Andrew McAfee’s Website
• Andrew McAfee on Twitter

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!

Feedback in:

Dear Sir,

I hope you are doing well. I am a student who lives in South Korea with a keen interest in trend following and have been reading your books.

I would like to pose a question regarding the relationship between algorithmic trading programs and trends. Many people assert that trend following will remain valid indefinitely because human nature remains constant. However, to the best of my knowledge, in today’s futures market, algorithmic trading programs dominate while human manual trading is minimal.

If algorithmic trading programs continue to gain a larger share in the future or stock markets, it raises the question of whether trend following, as practiced by individual traders like myself, will still be effective. This is because trend following relies on the assumption that “human” nature remains unchanged, while individual traders will be pitted against these “programs.”

I am curious about how humans can effectively navigate the rapid changes and whipsaw movements created by many algorithmic programs, using trend following.

Sincerely,
Yushin H.

You follow price. You trade price. All markets are not flat lines with no trends. Trends are everywhere. You are making the case that algo trading has made trend following not viable, but your point is hypothetical, not reality. Whipsaws are not a new concept. They are a fact of life.

The nitty gritty details are 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 make my entries on the 15min time frame, while am using a price action strategy where I enter my trade from a psychological level with other confirmation like trend line and charts/candle stick pattern.

I would recommend to everyone to stop a strategy such as that. It’s not trend following. Minute bar is not trend following. Candles are not trend following.

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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,

I have listened to one of your books and podcasts on trend following trading. I must say they are both intriguing and insightful.

I am interested in your offer at the end of the podcast (Episode 133).

Regards,
Shepherd

Check your email.

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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:

Agree with 100% of your latest rant. It WAS done on purpose. And not just shitting on the street. All of it. The removal of consequences for crime. All of it. Thank you for speaking the truth. The winners win in the end. And the losers fucking lose. And then go wallow in their shit.

Joshua C.

Yes.

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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

Please enjoy my monologue Fight the Power 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.

Feedback in:

Strasman interview was awesome. Love the concept of exploratory bet. Which almost like exploratory bet as well since you will take money from the majority overtime.

David L.

You are welcome.

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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.