Category: Trend Following

Feedback in:

Hi Michael,

Thanks for the ecourse. I have been trading in an Indian stock market for more than 3 years now. I’m not a full-time trader though. I have studied value investing in my initial stage of investing. But then I realized that it is not quite a logical idea to do value investing without actually going to the field to understand the company. I have to do primary market research, do talk with top management of companies to understand their vision for the company, do competitive analysis, basically do understand the moat and float of the business. I have to do it continuously because fundamentals can change any point in time. It was not possible for me to be a part time trader and having a full-time job. So I started reading about technical analysis and other technical tools like Gann theory etc. But I actually couldn’t find all these things much interesting and couldn’t trust these tools. During this time I found that ultimately it is data on which we should rely upon. I also studied and tried and backtested many strategies like buy the dogs, alpha trading etc. I found those things really interesting and am actually working on it right now. I am also learning option trading as I think it is the best tool to hedge the portfolio and limit the drawdown. The biggest problem I’m facing right now is to decide on my type of investment style. I want to talk to someone who can give me a direction through which I can figure out my investment style based on my mentality, goals, future planning and maybe some other parameters.

Thanks and regards,
Jay B.

Gann? Run away from that. Dive into trend following here and here and here and here and 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.

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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.

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Michael, I have done ok with individual stock selection and buy/hold strategies as I avoid mutual funds the best I can (my company only provides mutual funds in 401k). I have put 50% of my wealth in real estate from 2009-2016 and the results are great. I lost 45% of my wealth in the 2008 draw down of my retirement investments and that is what triggered me to real estate. Now I want to learn how to work both the up and down market to avoid getting crushed in those equity drops. I have never invested market money in anything other than stocks and bonds ( and losing my ass on bitcoin), so I read your Turtle Trader book and I am trying to take time to study and learn more trading skills but I do have a full time job right now until my real estate investments (15 single-family homes) can sustain me for income. I am 50 years old. I am going to learn this trend trading area just like I took the time to learn real estate in 2009, then took action. I am close to retiring corporate america and working remotely on my own projects to sustain my earnings. I don’t want to be a billionaire, just go from $2.7M net income to $6M and then chill. My kids will be fine without me making more than that. I actively trade about $700k but $250k stuck in 401k/403b mutual funds with employers. So my biggest challenge? Learning how to do trading outside what the “experts” have trained all Americans to do.

Scott S.

I can help. A good start.

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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 Mr. Covel,

Thanks for reaching out! And I truly hope you do read this message!

I am desperate to trade a successful trading strategy on my own. I traded with a Wall Street trader and ended up losing everything. It wasn’t his fault. He made millions. It was my own psychology. He was trading weekly options. I tried the weekly and couldn’t stomach the swings. In hindsight, had I have done monthlies, I would probably be a multi-millionaire. I am seeking revenge. I want to murder the market and not only, as we used to say, “peckerslap” the market, but also make it a profession and become an expert trader. I just purchased two of your books. I will read them. I will eventually purchase your program. I just need to know one thing: if I put my blood, sweat, tears, and heart into this, will it compensate me with my goal of being a self-sufficient successful trader? I look forward to hearing back! Thanks.

Best,

C.

I give the big insights for those who want to be self-sufficient traders. Dive 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:

Michael,

I hope you are well. Big changes on my end, moved to Montana and lovin’ it. This quote came to me and I know you will appreciate the idea … “Because I don’t follow trends, I am able to be a trend following trader!” I am loving the podcast and have listened to over 100 so far and have repeated the Tom Basso a couple times. Keep up the good work!

Regards,
Rob

Thanks!

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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 Robert Chestnut, the General Counsel of Airbnb, Inc. A graduate of Harvard Law School and the University of Virginia, he worked for fourteen years with the U.S. Justice Department as a prosecutor. He joined eBay in 1999 as its third lawyer and founded its Trust and Safety team.

The topic is his book Intentional Integrity: How Smart Companies Can Lead an Ethical Revolution.

In this episode of Trend Following Radio we discuss:

• Political Leaders
• Silicon Valley
• Definition of Integrity
• Intentional Integrity
• Discrimination
• Law Enforcement and Justice

Mentions & Resources:

• Rob Chesnut
• Intentional Integrity: How Smart Companies Can Lead an Ethical Revolution
• Donald Trump
• Joe Biden
• Airbnb
• Brian Chesky
• Dan Ariely
• @ChesnutRob

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:

Hey,

To answer the question I have two main challenges: increase the chances of the trend I spotted to actually go through (based on breakout or pullbacks, not always working) and the stop-loss position. I always risk only between 0.75 and 1% of the capital and I set the stop loss accordingly, which gives me the position size. But sometimes I wonder if I couldn’t reduce this stop loss to increase my position size and win more on the following trend but then it comes back to 1st challenge: how to increase the chances that the trend will move on. Last but not least, I love your content.

Cheers,

Vincent

I want to see you approach it like this:

• Exact rules for selecting your tracking portfolio.
• Exact rules for entering your trades at the right time.
• Exact rules for exiting your trades with a loss.
• Exact rules for exiting your trades with a profit.
• Exact rules for how much money to bet on each trade.

Read more.

If you approach it with my 5-step method? You solve your issues.

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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 there,

Just to say Larry Hite is the dog’s ballocks. I’ve heard a couple of your conversations now and I always get a laugh and a better perspective on where I am at with my trading and with life in general. Great stuff

Take it easy for now.

Larry is great. Indeed. Fun chats always.

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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.