Subscribe now and watch my free trend following VIDEO.

Ep. 192: Dan Collins Interview with Michael Covel on Trend Following Radio

My guest today is Dan Collins, a 25-year veteran of the Futures industry, founder of the Dan Collins Report, and most recently was named Editor-in-Chief of Futures Magazine.

The topic is trading.

In this episode of Trend Following Radio we discuss:

  • Why the mainstream media seems to not even attempt to hide the bias and the propaganda against the styles and types of trading in the worlds that Covel and Collins occupy (i.e. trend following, systematic, managed futures, etc.)
  • A particular Bloomberg article which attacked managed futures and alternative strategies
  • Why articles like these are an attack on the average investor

Listen to this episode:

Jump in!

Parabolic Moves and Trend Following

Follow the trend to the top and get out as it is falling back down. Predicting the top is a fool’s errand. Feedback in:

James: Hi Michael, hope you are well and Asia is treating you well. You did a podcast with someone (can’t recall his name) and they mentioned taking profits in parabolic moves. Not much help I know but it is all I have. I was wondering if you could recall who it was or if you have any info for taking profits in these types of moves. More than happy to let normal moves roll over and let my trailing stop take me out but some of these parabolic moves give back too much. It is the one part where I believe I can add that extra % to my trading but have not been able to find any trading rules that adds any value. Any help [is] much appreciated. Thanks.

Covel: Don’t recall off top of my head! All good trend following trends tend to be parabolic and all are generally handled the same way. You get out after the peak, not before. I help clients more in my training/systems, but you will also see more thoughts across my books.

James: Thanks for the reply. I know I did not give you much to go on. Will keep looking.


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.

Trend Following Consulting & Training Options

A recent interchange:

[Name]: Hello, how are you? I have a question about investing in trend following strategies. I am saving up a bit of money every week but have no interest in trading for myself. Are there any managers or funds that I can put some money with with that follow trend following strategies?

Covel: No short answer, but I hope you have read at least two of my trend following books before hitting me with trend following questions.

[Name]: I [have] read three.

Covel: I try to keep all free trend following consulting and education to my books, podcast, free website [blog]. [On the other hand my more personal consulting and] training [is here]. I generally steer clear of offering trend following insights outside of those options. Have found that is best for my time and fair [to] everyone.

[Name]: Sure. I appreciate your quick answer to my question.


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.

No Charts, Just Price Data

Feedback:

I am struggling to find good charts online. I mean information friendly, showing plenty of chart history, no technical bullshit just plain easy to read charts. Could you suggest any good charting websites to me? I love your books and podcasts by the way.
Shane

Why charts? Why not just the data from csidata.com (as an example)? No charts needed. In fact, why are charts needed? The moment a chart is introduced is the moment subjective analysis rears its ugly head.


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.

Chosing the Right Trend Software

Feedback in:

Michael, I am a big fan of your podcast. I first heard you and Dan Andrews several months ago. Since then I have read several of your books and started to develop a serious interest in trend following trading. I am hoping you can suggest a good analysis software for identifying trends and paper trading. Thanks,
Nathan B.

Thanks for the nice words. Tradestation.com is a standard. Additionally, you may find systems/training here useful: trendfollowing.com/products & Trend following software.

Note: For others my books.


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.

Does Trend Following Work on Stocks?

Does Trend Following Work on Stocks? Yes.


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.