Category: Trend Following

Feedback in:

Hi Michael,

I am an artisan and live in the Southern Forests region of Western Australia and have just started learning trading. I have read the ‘Reminiscences of a stock operator’ book and currently half way through the New Trading For A living book and study course by Alexander Elder. Outside of this I listen to your podcast daily which has been very insightful. Thank you.The plan is to continuing studying for a few more months and then paper trade for a couple of months before deciding the way forward.

Cheers,
Name

Best of luck!

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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 Dr. Christian Busch. He teaches at New York University (NYU) and the London School of Economics (LSE). At NYU, he directs the Global Economy programme of the Center for Global Affairs.

The topic is his book The Serendipity Mindset: The Art and Science of Creating Good Luck.

In this episode of Trend Following Radio we discuss:

• Serendipity Mindset
• US Education System
• Importance of Education System
• Entrepreneur Mindset
• Networking
• Building an Audience

Mentions & Resources:

• Christian Busch
• The Serendipity Mindset: The Art and Science of Creating Good Luck
• Serendipity
• Covid-19
• www.theserendipitymindset.com
• @chrisserendip

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!

Feedback in:

Hi Michael,

The ‘Take action’ prompt did resonate but it was to do more with the knowledge and training I already have and to maximise the benefit of the money already spent on books (including yours), training and services rather than spending any more until I know where my real shortcomings are. I find that virtually every email I receive is trying to take money out of my pocket with free webinars etc giving half the story and offering some other distraction such as systems and training. I am a committed trend follower and do well when I apply myself but am too easily distracted so am reviewing my portfolio, clearing the losers and those winners that are now going against me and will find new rising stocks to buy. I was lucky in March and jumped on the oil down trend so am currently comfortably up but want to make sure I am focused and ready for the chaos that is likely once the economic impact of covid hits, the final step of Brexit and the US election. I love the podcast and do buy books your guests are promoting, although I prefer audio rather than hard copy.

Best regards

Name

First reactions:

1. What exact sources of material are you perusing?
2. You don’t sound like you are using trend following as I know it.
3. My faqs below are good reading.

Jump in.

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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 Michael,

I am a fan of trend trading, your books and your podcast. I’m very interested in your course but want to get a sense as to whether it’s the right fit for me. I suspect it will be very beneficial, but I have a few quick questions. As a background, I am recently retired (at 55) and I have a couple of models I’ve been playing with that backtest well, but who knows whether they will hold up. They are fairly simple and I think robust. They incorporate primarily momentum and volatility and use leverage as drawdowns are small. I am also trading some options strategies for income and using that for my daily expenses. I am drawing some small amounts from my retirement savings which is where I am trading my models and would use any trend models. Obviously, I don’t know if they will hold up over time and I’m always looking for other ideas to augment returns, and or at least diversify strategies.

I guess the 5 questions I have are:

1. Do you think the type of long term trend trading you are teaching is suitable for a retiree who draws on capital and has a 20-30 year time horizon (hopefully longer but statistically speaking about 25 years)
2. I’m a little unclear as to whether you are teaching the philosophy of trend trading or if there is a specific system. Or both?
3. Assuming a system is part of the course, is the system suitable for any asset?
4. Do you have any material in the course on building a portfolio (e.g. perhaps applying the same system to a group of non correlated assets?)

Thanks… and sorry if it’s a long email

Name

Great questions. Answers here: 1, 2, 3. It’s philosophy + system(s). It includes portfolio selection instruction. Full description.

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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 Jump into Trend Following 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:

Dear Sir,

I am a novice trader, I am not able to make proper trend lines and also don’t know what should be the time intervals. I am from India and is your course relevant for the Indian market?

Regards,
Rohit

It’s for all markets. Start here.

P.S. No trend lines!

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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 challenge of trading is to simplify one’s thinking.

Trend Following is deceptively simple – that’s it’s challenge, but also it’s beauty.

I think Steve Jobs said it best:

“Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains.”

Exactly. Some great podcast episodes that get at the human side.

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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.