Subscribe now and watch my free trend following VIDEO.

“The last part of the interview has me a little worried about you…”

Feedback in:

Hi Mike,

I’m responding to your last episode #729 with John Lin. Very interesting conversation. I’m a tech guy but he’s way over my head. I understand his terminology but don’t quite understand how he trades. I guess it’s like “scalping” in the computer age?

Part of me thinks this should be illegal because there is no way your average trader (even a professional) can compete with him. But I guess if he’s not moving the market that much, it doesn’t matter.

The last part of the interview has me a little worried about you. No, nothing creepy about it in the sense of meeting women but in a Big Brother sense. First of all, I don’t think the tech you were talking about is necessary for people to meet each other. After all, there are plenty of dating sites and apps like Tinder.

What has me worried is how you seem to want to embrace widespread use of this kind of tech, like China is doing. You said that with it, bad actors get punished and good actors get rewarded (and this is not the first time I’ve heard you say this). The problem is, who’s deciding what is good and bad? After all, I’m sure that China’s government thinks anyone who toes the party line is a good actor, and anyone who disagrees is bad.

As a libertarian thinker, I can’t see any good coming from a system like that and I still like my privacy. If that’s the way of the future, I may have to start wearing a mask everywhere and changing up my walking style. Either that, or move to some remote island (with a beautiful girl of course).

[Name]

The tech I talk about?

It’s not going to be a choice.

That’s my thinking.

It’s coming.

Tinder will look like pong before it’s over. I can see that as good and bad, but it’s coming.

Same if they offer bionic chip implants or whatever. We can Luddite it, but it’s coming.


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.

“With some patience, discipline, time, and persistence, who knows what can happen…”

Feedback in:

The biggest challenge I have faced with trading is fear. It’s stopped me from ever trading in the first place. I haven’t ever traded because of my belief that I need a lot of money to yield the results I’m looking for. I’ve always been held back by the phrase “it takes money to make money”. Since I have very little money I’ve never actually taken the plunge into trading. But that’s just an excuse.

Oddly enough I’ve managed to do this while at the same time holding the belief that I could be a successful trader. The concept seems simple enough. Buy low, sell high. Look for channels, triangles, hook reversals, etc. all those patterns representing a different human psychology of the market make sense to me. Everything you need to know is in the chart.

I haven’t read your books yet (I purchased two of them on Amazon today) so I’m not sure what “trend following” is but I know it’s not based on fundamental analysis and I believe it employs the use of charts. My gut tells me it’s something I need to hear right now at this exact point in my life. I’m 40 years old, barley making six figures with a family and living in Southern California. That sixth figure doesn’t do me many favors in my part of town. I have a 401k but I rent a town home and I live paycheck to paycheck. I have a job I like and I’m creating a better life for my children than I had growing up, but it’s not enough for me. I don’t just want to get by anymore. I want to make a difference. I don’t have much money to start but I know I can start putting $100 per paycheck into an account and start small, all while practicing and studying on paper. With some patience, discipline, time, and persistence, who knows what can happen.

I look forward to reading your books.

Thanks
[Name]

Thanks for the feedback.


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.

Ep. 731: Kyle Nel Interview with Michael Covel on Trend Following Radio

Kyle Nel
Kyle Nel

Subscribe to Trend Following Radio on iTunes

My guest today is Kyle Nel, the CEO and co-founder of Uncommon Partners, served as executive director for Lowe’s Innovation Labs, co-creator of Neurons, Inc., sits on the boards of various emerging tech companies, and a faculty member at Singularity University.

The topic is his book Leading Transformation: How to Take Charge of Your Company’s Future.

In this episode of Trend Following Radio we discuss:

  • Strategic thinking
  • Creating narratives in business
  • Incremental thinking
  • Breaking bottlenecks
  • Linear paths
  • Exponential paths
  • Neuroscience
  • Behavioral science

Mentions & Resources:

Listen to this episode:

Jump in!

Michael Covel’s Mind Food for Thought: January 24th Edition

Food for thought:

Enjoy.


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.

Ep. 730: Is It Reasonable with Michael Covel on Trend Following Radio

Is It Reasonable with Michael Covel
Is It Reasonable with Michael Covel

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Is It Reasonable with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

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

Ep. 729: John Lin Interview with Michael Covel on Trend Following Radio

John Lin
John Lin

Subscribe to Trend Following Radio on iTunes

My guest today is John Lin, the founder and CEO of Grasshopper, a high frequency trading firm providing liquidity in global markets. Grasshopper was founded in 2006 and is heavily driven by technology and innovation. After graduating with an Engineering degree from Cornell University, John worked his way up from a clerk position in the Chicago Mercantile Exchange. Since then, he’s lived and traded internationally in London and Tokyo, and currently lives in Singapore. John is one of the last traders fortunate enough to have floor experience on the CME. He got a job as a runner on the CME floor in the early 1990’s and from there he learned invaluable lessons on trading, discipline and respecting the market.

The topic is Grasshopper Trading.

In this episode of Trend Following Radio we discuss:

  • Trading in the pits
  • Nick Leeson
  • Singapore legal system
  • Barings Bank – 1995
  • High frequency trading
  • Crypto currency
  • Interfacing with technology

Mentions & Resources:

Listen to this episode:

Jump in!

Ep. 728: Serendipity and Opportunity with Michael Covel on Trend Following Radio

Serendipity and Opportunity with Michael Covel
Serendipity and Opportunity with Michael Covel

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Serendipity and Opportunity with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

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