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Ep. 372: Letting Your Systems Run with Michael Covel on Trend Following Radio

Letting Your Systems Run with Michael Covel on Trend Following Radio
Letting Your Systems Run with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Letting Your Systems Run with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio:

  • The importance of practice and persistence in trading
  • Finding trends mathematically
  • The importance of not overriding systems
  • Being prepared for drawdowns
  • Looking at the S&P 500 as a trading system
  • Dispelling the myths of the mainstream financial world

“One of the biggest mistakes investors make is they always look up at the stars and think about how much money they’re going to make, they don’t look down first” – Kevin Bruce

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Get the foundation to making money in up, down and *surprise markets on the Trend Following mailing list.

Ep. 371: Alexander Ineichen Interview with Michael Covel on Trend Following Radio

Alexander Ineichen
Alexander Ineichen

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My guest today is Alexander Ineichen, the founder of Ineichen Research and Management AG, an independent research firm established in October 2009 focusing on investment themes related to nowcasting and risk management. Alexander started his financial career in derivatives brokerage and origination of risk management products at Swiss Bank Corporation in 1988.

The topics are his books Absolute Returns: The Risk and Opportunities of Hedge Fund Investing and Asymmetric Returns: The Future of Active Asset Management.

In this episode of Trend Following Radio we discuss:

  • Seeing through the market forecasting flash
  • The importance of “check box” methodology
  • Simplification as sophistication
  • The concept of nowcasting
  • Understanding the whole, so you know what can be eliminated
  • Learning to watch for trend reversals

“If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.” – George Soros

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Ep. 370: Instruments vs. Strategy with Michael Covel on Trend Following Radio

Instruments vs. Strategy with Michael Covel on Trend Following Radio
Instruments vs. Strategy with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Instruments vs. Strategy with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio:

  • Defining the exact risks involved in a trading strategy
  • The importance of liquidity: entering and exiting markets with ease
  • What we can learn from the history of Commodities Corporation
  • How the scientific method applies to trading logic
  • How Fundamental Analysis differs from Technical Analysis
  • The origins and basic principles of Trend Following Trading
  • The importance of accepting the risks and committing to your strategy

“Never mind the cheese, let me out of the trap” – Amos Hostetter

Mentions & Resources:

Listen to this episode:

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

Get the foundation to making money in up, down and *surprise markets on the Trend Following mailing list.

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Ep. 369: Market Predictability with Michael Covel on Trend Following Radio

Market Predictability with Michael Covel on Trend Following Radio
Market Predictability with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Market Predictability with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio:

  • Recognizing when you are being misled by the experts
  • What to look for in trend analysis and what to be wary of
  • Considering bubbles and other unpredictable global factors in the markets
  • Finding an objective approach to investing based on quantifiable information
  • Considering timeless human investment psychology elements
  • Making investment decisions without being blinded by rigid economic processes or political ideologies

“It’s mind numbing to study financial history, because it is so repetitive: we do the exact same things over and over. We have followed this pattern in every major bubble, starting with the coin mania in the Roman empire.” – John Galbraith

Mentions & Resources:

Listen to this episode:

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

Get the foundation to making money in up, down and *surprise markets on the Trend Following mailing list.

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Ep. 368: Taylor Pearson Interview with Michael Covel on Trend Following Radio

Taylor Pearson
Taylor Pearson

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My guest today is Taylor Pearson, the author of the #1 Amazon best selling book The End of Jobs. Pearson has spent the last several years researching and traveling the world and talking to successful entrepreneurs, which inspired him to write the book.

The topic is his book The End of Jobs: Money, Meaning and Freedom Without the 9-to-5.

In this episode of Trend Following Radio we discuss:

  • How entrepreneurship is becoming safer than jobs
  • Why college degrees are getting more expensive and less valuable
  • The importance of relationships and your network in business
  • Why the occupy movement was flawed from the start
  • Not seeking permission to do something you want to do
  • How the perceptions of risk in our society are wrong
  • Choosing a path in life that has meaning to you

“Resources or opportunities are illegible or not clearly defined at the same time that they are most profitable” – Taylor Pearson

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Ep. 366: The Statistical Mindset with Michael Covel on Trend Following Radio

The Statistical Mindset with Michael Covel on Trend Following Radio
The Statistical Mindset with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue The Statistical Mindset with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio:

  • Having a foundation, a system to get through the noise
  • Developing a statistical mindset
  • Understanding risk and knowing how to deal with it
  • Getting “under the hood” of any trading system
  • Richard Feynman’s lecture on computer heuristics
  • What computer heuristics have to do with systems trading
  • A trait that geniuses have in common
  • The importance of isolation and concentration in learning

“The most important thing is to feel about things you should feel about, and think about things you should think about.” – Penn Jillette

Mentions & Resources:

Listen to this episode:

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

Get the foundation to making money in up, down and *surprise markets on the Trend Following mailing list.

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Ep. 365: Chris Clarke Interview with Michael Covel on Trend Following Radio

Chris Clarke
Chris Clarke

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My guest today is Chris Clarke, ex-Goldman Sachs executive director and founder of Lawrence Clarke Investment Management. Clarke has been developing trading systems for decades.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

  • Trusting the system once you choose it
  • Being prepared to trade no matter which way the markets go
  • The importance of edge, and why gamblers lose
  • Looking at the math behind trading strategies
  • Understanding “market truths”
  • Drawdowns vs. risks

“The desire to maximize the number of winning trades (or minimize the number of losing trades) works against the trader. The success rate of trades is the least important performance statistic and may even be inversely related to performance.” – William Eckhardt

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Get the foundation to making money in up, down and *surprise markets on the Trend Following mailing list.

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