Category: Trend Following

Feedback in:

Hello Mr. Covel,

Thanks to your mails. You convinced me to reinforce my strategy to be very strict with the ratio risk\reward, to review the expected value formula E(X), the stop loss limited to 2%. I’m rethinking the ‘Investing Dogma’: Non-Zero Sum Game.

Thank you again for your support and your books.

Michel M.

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.

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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.

Feedback in:

My biggest challenge is finding some automated method for gathering and processing data. I am in need of something to screen stocks and gather their data for analysis. Gathering data on even one stock would be useful if somehow the technical information could be calculated automatically. I am new to this so am reluctant to spend $2000 at the moment. Just finishing up your book “The Complete Turtle Trader”.

Kelly J.

More to explore on the links below. Also read.

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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:

Hello. I appreciate the approach of answering emails personally! My biggest challenge is to take the fund from a prop firm like ftmo or mff with trading bots built on breakout and trend following strategies. It’s difficult for me to pass the challenge at the prop firms because I have to fall within the drawdown of 5% or 10% and reach a profit target. With my own money in my own account, I still don’t have the courage to offer more than 1000 dollars to the bots. That’s why I’m looking for a financing solution, I’m looking to be funded. I would appreciate any suggestions. Thank you. Keep in touch!

A. R.

Chasing some prop firm challenge is crap. Pick another direction. You’ll be happier.

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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 Three Trend Minds with Michael Covel on Trend Following Radio.

Listen to this episode:

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• Free Video.

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

Feedback in:

Trends can only be seen clearly if you stand far enough away. So the trend itself is a probability problem, many people talk about it, and there are always a few people who can get close to the trend. There are factors such as technical analysis, but there are also issues of influence intervention. It’s hard to get rid of all the factors and just say trends.

In addition, trends look for traces in history, but in reality there are too many variables, and the complexity between variables is not predictable. Just as we know the big trends are local wars, we certainly didn’t know Russia and Ukraine were going to war in March of this year. And we understand trends in order to avoid as much harm as possible from the big crisis.

A trend is a constant review of human behavior.

Ally H.

But you need a rock solid system to trade trends. It’s more than philosophy.

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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 Stefan Falk, a professional advisor, and executive performance and development coach. His proven and unique expertise is centered around themes such as change and transformation, organizational effectiveness, performance management, and behavior development. His industrial experience spans most industries and sectors, from financial institutions to traditional industrial companies to leading professional services firms.

The topic is his book Intrinsic Motivation: Learn to Love Your Work and Succeed as Never Before.

In this episode of Trend Following Radio we discuss:

• How to master your inner environment
• How the human mind operates
• The pre-configured mind and its priorities
• Explaining a deeper self-understanding
• Leveraging risk in the entertainment industry
• Our cognitive reserve

Mentions & Resources:

• Stefan Falk
• Intrinsic Motivation: Learn to Love Your Work and Succeed as Never Before
• Dan Pink

Listen to this episode:

• Listen to this podcast on iTunes. (Please leave a rating!)
• Listen on Spotify.
• Listen on Stitcher.
• Libysn RSS.
• Download as MP3 by right-clicking here and choosing “save as.”
• Free Video.

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Feedback in:

Michael,

The dude who hammered your book and likes predictive technical analysis is and IDIOT and does NOT understand the CMT.

I used to like JC Parets (TA Radio) who is a CMT. He would never tell you he could predict the future. Stopped listening because I had to cut back on the number of podcasts I listen to.

JC would use market sentiment to develop a thesis to help make a decision of “potential” direction and classic patterns just help determine consolidation areas, and break outs as a jumping point (IOW reaction point).

Stop losses are always part of his plan and he is always ready to admit he is wrong when the market tells him. I even think he admits a typical trend following win rate of 40%.

True technical analysts are surfers and not fortune tellers.

Trend following is reactive technical analysis, not predictive technical analysis. Big difference. Most technical analysis is the predictive type (a waste of time).

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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.