Subscribe now and watch my free trend following VIDEO.

Category: Trading 101

Ep. 444: No Charts, Trade the Price with Michael Covel on Trend Following Radio

Posted on by Michael Covel
No Charts, Trade the Price with Michael Covel on Trend Following Radio
No Charts, Trade the Price with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue No Charts, Trade the Price 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:

  • Why cultivating your second string is so important
  • Foreign players vs. U.S players
  • Accountability
  • Importance of honesty
  • Having the same standards for everyone
  • Importance of humility
  • Execution
  • A different perspective on goal setting
  • Looking at the big picture

“It’s a journey. It’s a process. It’s difficult. The joy is in the process. The joy isn’t in the final culmination. That fades away pretty quick… The journey is what you are most proud of.” – Gregg Popovich

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.

Ep. 442: Process, Outcome and Sport with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Process, Outcome and Sport with Michael Covel on Trend Following Radio
Process, Outcome and Sport with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Process, Outcome and Sport 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:

  • Thinking about thinking
  • The importance of intellectual humility
  • The necessity of innovation
  • The longest view in the room
  • A contrarian mindset
  • A tolerance of uncertainty
  • Be long science
  • A healthy respect for tradition
  • A reverence for disruption

“We talk a great deal about being curious, not critical. About asking the question until you understand something truly. About not being afraid to ask the obvious question that everyone else seems to know the answer to. And about the willingness to say three simple words, ‘I don’t know.’ Tesla’s Elon Musk describes his everyday stance as, ‘You should take the approach that you’re wrong. Your goal is to be less wrong’.” – Sam Hinkie

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.

Ep. 438: The Big Short Never Ends with Michael Covel on Trend Following Radio

Posted on by Michael Covel
The Big Short Never Ends with Michael Covel on Trend Following Radio
The Big Short Never Ends with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue The Big Short Never Ends 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:

  • Ponzi schemes and scams
  • The Enron scandal
  • Valeant meltdown
  • Ego in trading

“Limit the impact of your bad decisions to small loses. Limit your downside and don’t ever make an excuse that you are smarter in ‘just this one trade.’ There is no excuse.” – Dr. Steve Sjuggerud

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.

A Fake Price Is Still A Price

Posted on by Michael Covel

Feedback in from my assistant Michelle:

I was watching survivor last night with my mom and my mind was blown when the person who got kicked out said this:

I was very confident that whether we won or lost [the challenge] things would work out for me. I really don’t know what happened that made my tribe want to vote me out tonight. I don’t think the numbers lied to me, it’s the people that lied to me and when you count fictitious promises you get a fictitious total.

She was saying that she got kicked out because of the people, not the “numbers”, but the people are the numbers. They are who vote. Just like saying you don’t lose money because of what the market does, you lose money because of what other people do to make the market go up and down. Just trying to blame your loses on the “people” rather than “the numbers.” It’s all the same thing. The game is made up of people who make up the numbers.

Touché!

Survivor
Survivor

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. 419: Mebane Faber Interview With Michael Covel on Trend Following Radio

Posted on by Michael Covel
Mebane Faber
Mebane Faber

Subscribe to Trend Following Radio on iTunes

My guest today is Mebane Faber, a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria’s ETFs, separate accounts and private investment funds. Mr. Faber has authored numerous white papers and three books: Shareholder Yield, The Ivy Portfolio, and Global Value. He is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The New York Times, and The New Yorker. Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology.

The topics are his books The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets and Invest With The House: Hacking The Top Hedge Funds.

In this episode of Trend Following Radio:

  • Home country bias
  • Diversification
  • Different trading strategies
  • Finding the most successful hedge funds
  • Margin of safety

“Look beyond your shores. You have to be investment agnostic. As much as I love my home team, you have to be agnostic while investing.” – Mebane Faber

Mentions & Resources:

Listen to this episode:

Jump in!

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

Ep. 418: Everyone is a Closet Trend Follower with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Everyone is a Closet Trend Follower with Michael Covel on Trend Following Radio
Everyone is a Closet Trend Follower with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Everyone is a Closet Trend Follower 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:

  • What is a technician?
  • Diversification
  • Risk management
  • Trading off price

“Price creates the reality for investors because investors take their behavioral cues from price and the media fashions their headlines from it.” – Josh Brown

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.

Michael Covel on Masters in Business with Barry Ritholtz

Posted on by Michael Covel

Barry Ritholtz was kind enough to have me on his Bloomberg show. The interview.

Barry Ritholtz Interview
Barry Ritholtz Interview

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.