Please enjoy my monologue Parabolic Up with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
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I started trading crypto Dec 2020. Never traded before. I had luck and made some money (btc, xrp, ada) but could have made much more with knowledge of technical analysis. I saw an interview with “turtle” Jerry Parker and his method seems interesting to me. I googled for more info and so I discovered your page. Hope to learn from your course.
Best regards,
Mark (Belgium)
I recently read The Complete TurtleTrader book and was captivated! I had never heard of Richard Dennis or the Turtles before (I was 4 in 1983), so it was all brand new to me. A friend of mine introduced me to several stocks a year ago and I have been invested in them ever since. These stocks are small biotech companies that are currently in their final phases of drug trials. I have made some money swinging some shares while I await the results of the trials, but regardless, I don’t really have any idea what I am doing. I buy shares when they are on sale (to me that means any day where there is at least a 10% drop) and sell them higher later – whether that be a day or 3 months later. My biggest challenge is that I am not good at reading charts and identifying trends. I would like to become proficient at it and hone my skills as a technical trader and learn the trend trading system. I don’t short, use options or calls, and frankly I don’t want to either. I don’t know anything about that world and would not dare engage in it. I want to keep things simple as much as possible. I am looking forward to the Trend Following course!
Sincerely,
Chris
A way to think about this:
Trend Following TechnologyTrend Following Technology
Trend following technology captures greed, fear and human nature in big trends up and down.
My guest today is Bill Carr. He joined Amazon in 1999 and spent more than 15 years with the company. As Vice President of Digital Media, Bill launched and managed the company’s global digital music and video businesses, including Amazon Music, Prime Video, and Amazon Studios.
The topic is his book Working Backwards: Insights, Stories, and Secrets from Inside Amazon.
In this episode of Trend Following Radio we discuss:
After generating minor profit, I continue to look at the screen to ensure that my profit doesn’t go back to the market hence position gets closed prematurely.
Regards,
Kamal P
What trading strategy is this?
I try to follow a trend following strategy where I track RSI 500 on a 1-minute chart. On RSI going above 50 I take a long position and on below 50 I take a short position. The intent is to hold the position till the reversal happens above or below 50. However, after seeing some profit I get tempted to book it as market fluctuations at times erase the profits. After closing the position I regret that had I held the position and followed the trend I would have made huge profits. Request you to advise some improvements in this strategy.
This strategy you are using? Won’t work. It’s Las Vegas. Burn it and start here.
I have 2 of your books purchased through Audible and really enjoy listening to them (The Complete TurtleTrader and 5th edition of Trend Following) I am very much interested in learning trend following strategy and would like to use it for Forex trading but I am afraid I cannot afford the cost associated with it.