Category: Trend Following

Feedback in:

My biggest frustration is that I can’t sit at the computer on a regular basis. I cannot do day trading and I don’t have the time to run screens all the time. My best performances come from following a few companies that I know well and trade covered puts and calls against positions that I am confident are good to own over 1-3 years. For example I have made roughly $700k in the last three years trading short options and spreads on AMD, SQ and AMZN. The place where this strategy breaks down is in on high alpha/high beta names that react poorly to risk off market news. They go through support and resistance leaving me purchasing expensive stock or selling out of a big move up. I have powered through these episodes and recovered well, but it will end badly if this market enters a prolonged bear market.

Marker K.

That’s nothing like trend following. Have you tried testing your strategy?

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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 Max Lugavere, a filmmaker, health and science journalist, and the author of the New York Times best-seller Genius Foods: Become Smarter, Happier, and More Productive While Protecting Your Brain for Life, published in 8 languages around the globe. He is also the host of the #1 iTunes health podcast The Genius Life. Lugavere appears regularly on the Dr. Oz Show, the Rachael Ray Show, and The Doctors. He has contributed to Medscape, Vice, Fast Company, CNN, and the Daily Beast, has been featured on NBC Nightly News, The Today Show, and in The New York Times and People Magazine.

The topic is his book Genius Kitchen.

In this episode of Trend Following Radio we discuss:

• Obesity epidemic
• Nutrition and healthy eating
• Boosting body, autonomy, and metabolic resilience
• Diet, and exercise
• His mom and the difficulties she faced
• Parkinson’s disease, Alzheimer’s disease and dementia
• Important role of food in our mental health
• Stress management
• Alcohol consumption

Mentions & Resources:

• Max Lugavere on Instagram
• Genius Kitchen: Over 100 Easy and Delicious Recipes to Make Your Brain Sharp, Body Strong, and Taste Buds Happy

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: Thank you for your fantastic work. I own and have read all your books multiple times and am a dedicated listener of your podcast. I have been trend trading relatively successfully for over ten years but I struggle with one thing. Assuming that for whatever reason, I miss the initial trade entry signal and the move is now well underway, should I go ahead and enter or wait for the trend to reverse and go the other way? I would appreciate your thoughts. Thank you. Bill P.

Trend following doesn’t buy on the dip. If you have an entry signal you get in. What’s the downside? You have a stop.

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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:

Hi Mike, I love your podcast. I have been a listener since day one and also I have several of your books. Thanks for the great interviews. I appreciate your honesty. Your honesty and ability to question things are what bring trust. Anyway, in the podcast there was discussion of a “bot” or deep fake of you or Michael-Covel-like content. I noticed my local library has a book summary of your book. I wondered if you got royalties on that (if you feel comfortable sharing such information). I tried to find it by searching, but it was hard to determine. From what I have found, it appears as though you do not because it is “someone else’s interpretation”. What is the truth and how do you feel about it? Would it be worth it/make sense to put out a “summary” of your own to capture that? Or an “endorsed summary”? On a side note, I have probably bought a dozen books of the guests of your podcast because they have been on your show. Is there any way to help you get credit or show that value you bring in order to help you?

Everyone can buy my books here. Best way to support the cause!

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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 Trend Following Flagship with Michael Covel on Trend Following Radio.

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.

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

Feedback in:

Hi Michael,

The biggest challenge I have faced in my trading is finding a system I can have confidence in, while finding something that doesn’t feel like a job. The idea of having to sit in front of the computer for a set amount of time per day goes against my ethos of what trading and investing should be about. I’ve also had money management issues and have blown many accounts over the past 12 years. I like the idea of trend following, and was fascinated by the turtles when I first got into trading about 12 years ago. But two things left a sour taste in my mouth:

1. I bought a forex trend trading course with signals from [name] for about $5000 back in 2008/2009 and it’s performance was very poor. I asked him for a refund and he gave me some BS song and dance answer about why that wouldn’t be possible even though it had a money back guarantee. I felt that I got ripped off.

2. I became deterred from trend following because in Market Wizards, Richard Dennis lost 50% of his account and retired. And I’m not sure how I’m supposed to deal with a scenario like if it were to happen. I remember [name] saying that he was thinking about leaving trading to become a lawyer because he couldn’t handle the gyrations anymore. And, that his doctor was prescribing him some anti anxiety medication because he developed a heart condition from all the stress. This was deterring to me as a new trader because I thought trading was the cats ass of professions and looked up to the turtles. So I was disheartened. After 12 years of failed attempts, my interest in trend following has been re-ignited. I just signed up for your email course, watched your intro video and have gone through a few episodes of your podcast. I’m definitely interested in learning more. I plan on reading your TurtleTrader and Trend Following books. How would you recommend proceeding after that?

Thanks,
Jason A.

Read the books first, then hit me back. Both books will correct your current understanding.

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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:

Dear Michael, Your podcasts are always fun and enlightening to listen to. I’m a trend follower myself so it always hits home. And, of course, your delivery style is unique. I have a couple of queries if you will regarding your course. Is it a system in itself or is it a general set of rules around which one is expected to build their own system?
What kind of annual returns and drawdown can one expect on average if one trades as per the system?

Warm regards,
Jai

Actual system rules. No black box. The course includes systems, instruction, examples and support. There is no one return or drawdown to promise. This is variable to your selected risk.

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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.