Category: Trend Following

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My guest today is Steve Burns, the author of seventeen books about the stock market. He is one of Amazon’s top reviewers for books about trading and investing having read and reviewed several hundred books. He has been interviewed for the Wall Street Journal blog, Trader’s Magazine, Chat with Traders, and Michael Covel. He has also been a contributor to Trader’s Planet, Trader’s Magazine and SeeitMarket.com. He lives in Nashville, TN with his wife and business partner, Holly, a Boston Terrier, Chihuahua, and a cat.

The topic is trading.

In this episode of Trend Following Radio we discuss:

• Top 10 Trading Books Of All Time
• Cryptocurrency
• Reading Market Wizards
• TurtleTrader
• William O’Neil and His Work
• Trading Psychology
• Reactive and Predictive Technical Analysis

Mentions & Resources:

• @Steve Burns
• Richard Dennis
• Ed Seykota
• Larry Hite
• Jim Rogers
• Nicolas Darvas
• www.newtraderu.com

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:

Hello, I’m brand new to futures trading and do not even know how to place a trade in the futures market. I opened a trading account with Interactive Brokers with $10,000 USD. I would like to only trade futures as I believe they offer maximum diversification, leverage and are very black and white when it comes to trading. I can follow 50-75 global markets across stock indices, currencies, commodities and interest rates. This is a much more simple and clean way of trading for me as I don’t have to follow hundreds of individual stock charts/prices. Just a few questions before I purchase Michael’s Flagship trading system. If I only want to trade futures will this provide me proper diversification in my portfolio? Or is it absolutely necessary to trade stocks, ETF’s and other instruments? Is $10,000 USD enough money to achieve a properly diversified futures portfolio? Since I don’t know how to place a trade in the futures market I don’t know how much money I will need for each futures contract. Maybe they are too expensive and $10,000 USD will not be enough to diversify properly? Also, with Michael’s trading program is the trading system already designed and backtested? Or, will I just receive information and techniques about trend following but then have to design a trading system on my own? I appreciate you taking the time to respond to my email because I’m willing to study, work hard and apply the trading techniques to succeed.

I provide a system and rules you can use now. FAQs here and capital issues here. Read about markets to trade here.

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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 Get Inside Your Mind with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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:

Biggest challenge is finding a correct trend following strategy. I have learnt a lot from taking CMT, now everything just needs to come together and to find consistent trading result.

Regards
Anders

Careful. CMT includes a lot that has nothing to do with trend following.

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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:

Thanks Michael, Appreciate the personal interest. No test required, I trust you (to a point since I don’t know you and talk can be cheap). Biggest challenge? Difficult to simply say “the biggest” since it appears my challenges seem to fluctuate. Early on my biggest hurdle seemed to be lack of knowledge / awareness. The more I know and/or learn about the market (stocks) the more I realize I don’t know. I was missing (still do to a point) a solid working level of knowledge WRT “the” stock market and how it operates. Today, as I learn more, I would say WRT day / swing trading and long term investing (again, primarily stocks) my challenges tend to circle two main areas.

– Lack of knowledge (increasing by the day)
– Psychology (stubborn mindset fighting the tendency to NEED certainty to justify taking action)

How about that for starters?

Dump the day trading and swing trading. Here are a pile of resources to start you right.

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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:

The biggest problem outside of proper entry and exits would be clearly defining a set of rules and mechanically following. For example today I got ate up in the market because I was following the volume but I was following volume on a 5-minute time frame what year was the time frame I was entering on rather than following it on the one hour with my setup came from and I know better.

5-minute time frame? Walk away from that. Start here.

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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 Nicola Clayton is Professor of Comparative Cognition in the Department of Psychology at the University of Cambridge, a Fellow of Clare College and a Fellow of the Royal Society. Her expertise lies in the contemporary study of comparative cognition, integrating a knowledge of both biology and psychology to introduce new ways of thinking about the evolution and development of intelligence in non-verbal animals and pre-verbal children. She is currently President of the British Science Association Psychology Section.

The topic is human evolution plus corvid communication.

In this episode of Trend Following Radio we discuss:

• The Intelligence of Crows
• Mental time travel
• Consciousness, identity, memory and creativity
• Chimpanzees and Humans
• Dance

Mentions & Resources:

• Nicola Clayton
• Human Evolution
• Jack Horner
• Corvidae
• www.thecapturedthought.com
• @nickyclayton22

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.

Jump in!