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Feedback in:

Episode 1111 was excellent! I feel like that guy that emailed you many times and still doesn’t get it. I will eventually get there. You are so funny sometimes with these people. It’s so blatantly obvious and people just make excuses not to do it. I know. If you ever want to interview a trend following dummy I will be the one. It should be called 25 questions from a newbie trend following wannabe. Hahaha! Your podcasts are great and entertaining!

Chris

You get it. You just don’t know that yet.

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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.

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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.

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Have a Good One Baby 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:

I checked out some famous trend following successes. I learned that Trend Following is not all and only price, price, price. Mr. Seykota uses EMAs, congestion areas of supply and demand zones (volume based). Fibonacci zones which are often price and volume oriented, even the technical golden cross-over of two selected exponential moving averages with reference to a selectively chosen time frame.

If your method is solely price and nothing else, that is to say, there is no other reference except price, then I cannot understand it, and emails of the type I am addressing are not going to educate me. My background prevents me from biting most hooks.

All the best to you,
Richard

Trend following is price only. Period. No value. No predictions. No fundamentals.

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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 Salem Abraham, the President of Abraham Trading. Salem graduated cum laude from the University of Notre Dame in December 1987 with a bachelor’s degree in finance. He began his investing career as a futures trader while still in college, using quantitative models to trade global futures markets beginning in 1987. Throughout his career, Salem has managed investments in stocks, bonds, options, derivatives, and private equity. He has held full membership seats at both the Chicago Mercantile Exchange and the Chicago Board of Trade. Salem has bought and sold more than 200,000 acres of land and resources. He manages investments in oil and gas properties, wind rights and residential, commercial, and agricultural real estate properties.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

• His personal background and values
• Meeting Jerry Parker and his trading strategy
• Influence of individuals like Richard Dennis, Jim Simons, and Paul Tudor Jones on trading
• Concerns about extreme events and risk management
• Diversification
• Inflation and its impact on stocks
• The role of trend following and CTAs

Mentions & Resources:

• Salem Abraham
• The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution

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 Bring on the Inspiration 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:

Hi Michael!

This is Magno from Brazil. How are you there?

The main challenge in my case is to separate the analysts’ personal political ideology from their economic opinions. I see analysts trying to push their personal agenda instead of providing useful advice.

Now thinking about Trend Following maybe my expectations about analysts are not reasonable.

I am now starting to operate using Trend Following, and need to study more.

I started some months ago subscribing to a trend following report in Brazil (capitalizo.com.br). I am receiving the recommendations and started some trades already. Now I want to know more and be able to identify the trends by myself.

They identify mainly stocks and ETFs, in Brazil and US, that are leaving a downside period, or a non-trend period starting an upside trend. In this strategy they don’t send shorts. They suggest just the ones with a stop loss of 10% to 12%. For riskier cases they ask to buy also puts to add more protection. They usually have 8 to 10 items, with some cash.

Thank you!

Em

None of that is trend following. Trend following is below.

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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:

Hey Michael,

I want to say thank you for the emails, I appreciate the content. One mindset change you’ve helped me with recently and reading your books (The Turtle Traders and Trend Following) is to assess risk first, as well as adopting the entrepreneurial mindset success isn’t linear and neither is profit charts. EMT is BS buy high sell higher and sell low cover lower are the way to go.

In a previous email, you asked what my biggest trading hurdle was. Getting capital together has been my biggest challenge honestly. I don’t want to sound like a bitch but seems like every time I get some money together something happens, car, medical, *you name it BS happens and it’s just been tough in that category. However, I’ve just been doing what I can when I can, as far as finding good content to learn from, paper trading on spreadsheets when I don’t have capital / trading small getting my feet wet when I do have capital. Mostly trend following tactics 26wk B/O’s risking the previous low and moving my stops up when the market sets a new higher low.

I’d love to jump on the flagship course I think it would be a big help and I appreciate the opportunity, but I barely have any capital to my name right now. My significant other has been out of work for a bit, and it’s just been me paying the bills. I couldn’t afford it even if I wanted to. I know this is a journey, but I need to buck up and start making some moves happen (second job or something) it may take me a few years to get there, but I think if I stay the course and keep my head in the books learning the right things, when I do get there, I’ll be ready.

Cody

Here when you are ready!

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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.