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“Getting capital together has been my biggest challenge honestly…”

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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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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.

“Just started using stops to limit losses and…”

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Don’t really have a system. Called myself a buy & holder, but was always trying to fine tune my portfolio. In my late 60’s now, and just started using stops to limit losses and protect any gains. Use other sites (IBD, Yahoo, Zacks, Trading View) to research and am getting more familiar with charts.

Dave

Dive in below. A lot to learn.


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 took the personality traits test at the end of “Trend Following” and…”

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Mr. Covel,

I just finished reading “Trend Following” and “The Little Book of Trading.” Excellent, insightful, and easy to digest. I took the personality traits test at the end of “Trend Following” and didn’t like the results. I scored high on neuroticism and low on the other two categories. In your experience, does that doom me, or is my work just cut out for me?

Thanks for any insights.

Jon M.

Trend following or the nut house — your call!


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.

“As you always say “don’t trust the system”…”

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Hi Michael,

Hope you are well!

Love the Larry Hite discussions! He is fabulous and you two obviously have a great time together.

This story and the protections given are so irritating. As you always say ‘don’t trust the system.’

Jim B.

Thanks!


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. 1216: Marsten Parker Interview with Michael Covel on Trend Following Radio

Marsten Parker
Marsten Parker

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My guest today is Marsten Parker, a self-taught programmer and trader with 13 years of software industry experience and two decades plus in trading. For the past 20 years, Marsten excelled as an independent systematic securities trader, utilizing his expertise to develop innovative trading-related software. He was featured in Jack Schwager’s Unknown Market Wizards.

The topic is systematic trading.

In this episode of Trend Following Radio we discuss:

  • Discretionary vs. systematic trading
  • Different trading strategies
  • Backtesting
  • The career and strategies of Jim Simons
  • Trading software and tools
  • Misconceptions about short-term trading
  • Philosophy of trading
  • Life choices and entrepreneurship

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“The only important information about trade is price…”

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Since we live in an uncertain world, I think it makes a lot of sense that the only important information about trade is price. I can say with confidence that trend following, which pursues absolute profit, is the best trade in the world.

木村瀬良

I agree.


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. 1215: Boy Wonder with Michael Covel on Trend Following Radio

Episode 1215
Episode 1215

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

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