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“My book shelves are creaking…”

Feedback in:

Dear Michael:

After many years in banking and by way of industry compliance regulation limited in what I can actually do with my money (I had already become very disillusioned with buy and hold “investing” only) I decided to investigate what was possible without loosing my day job. It seemed spot FX was about it. I started to look at trading and it has been the most remarkable journey. I have discovered so much about myself to the point where my wife commented that even my interaction with our two small children (3 & 4 years old) has changed completely. I can just accept what is in front of me and that they are nearly always just being children. No build up of steam! All of the key psychological lessons that are important to being a successful trader are equally important to practice in everyday life. The moment of now, take responsibility, look at what one does and does not control, it goes on.

Although I came to your work (starting with your book Trend Following) after I had already started along this path, you have expanded my horizons well beyond what I would ever have picked up and read without listening to your podcasts. I travel weekly with work, so find time to listen to many of your interviews and then often explore the written works of the interviewees. My book shelves are creaking, so now I need to give up the day job and trade full time, so I have the time to read all the wisdom contained therein.

Thank you for that inspiration.

Kind regards
[Name]

You are welcome!


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. 540: Michael Covel Interviews on Trend Following Radio

Michael Covel Interviews on Trend Following Radio
Michael Covel Interviews on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy Michael Covel Interviews on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio:

  • Getting what you want out of markets
  • Trend following skeptics
  • The Turtles
  • Turtle Trading 101

Mentions & Resources:

Listen to this episode:

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

Ep. 539: Susan Peirce Thompson Interview with Michael Covel on Trend Following Radio

Susan Peirce Thompson
Susan Peirce Thompson

Subscribe to Trend Following Radio on iTunes

My guest today is Susan Peirce Thompson, the author of “Bright Line Eating.” This is a podcast all about “aha” moments. Most have no understanding of how their bodies take in, and absorb food. Susan’s BHAG (big hairy audacious goal) is to make sure that all those who want to put forth the effort of losing weight and keeping it off have a road map.

The topic is her book Bright Line Eating: The Science of Living Happy, Thin & Free.

In this episode of Trend Following Radio we discuss:

  • BHAG
  • Sugar is an addiction
  • How to handle withdrawal from sugar
  • Drinking calories vs. eating calories
  • The radish study
  • Willpower is a finite resource
  • Regulating task performance

“Hunger is not satisfied by eating.” – Susan Peirce Thompson

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“It reminded me of another Singaporean anecdote…”

Feedback in:

Mike…

I loved your story about being recognized by a Singaporean cab driver. It reminded me of another Singaporean anecdote I thought you might appreciate.

I’ve been living in Bangkok for the last ten years and don’t really get out much. But I was in Singapore maybe four or five years ago on a brief visit with a friend who’s quite familiar with that city.

Knowing how much I love books, he took me to a gigantic book store. Place seemed like it was a block long. Easily ten times bigger than any bookstore I’ve ever been in. I had heard some very positive things about your trend following book from a 4X trader. So I walked right up to an employee at the bookstore and asked if they carried your Trend Following book. Guy went right to a computer and twenty seconds later his head pops up. “Yes sir. We have it here.”

And it was in my hands a few minutes later. As I recall, it was quite a walk from where we were in the store!

I don’t know the name of that store. But the next time you’re in Singapore, maybe Rogers knows!

Glad you’re digging Asia. It changes you. It’s all happening here. North America and Europe are comatose in comparison. I don’t think I could live there anymore, anyway. Too many rules!

Appreciate all your contributions. Even if you totally walked away from the podcast, don’t worry about it. You’ve already done plenty. Take care of yourself first with whatever you need and the rest will take care of itself.

Peace out…
[Name]

Thanks!


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 532: No Systematic Fear with Michael Covel on Trend Following Radio

No Systematic Fear with Michael Covel on Trend Following Radio
No Systematic Fear with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue No Systematic Fear with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio:

  • Black box investing
  • Quantitative trading
  • Quants vs High frequency trading
  • Value based trading
  • Momentum trading
  • The dirty words of finance
  • Statistical arbitrage
  • Quant macro
  • Managed futures

“The hedge fund manager has to use what I call the dirty words of finance: Leverage, derivatives, and shorting.” – Cliff Asness

Mentions & Resources:

Listen to this episode:

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

Ep. 520: Take the Lid Off with Michael Covel on Trend Following Radio

Take the Lid Off with Michael Covel on Trend Following Radio
Take the Lid Off with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Take the Lid Off with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio:

  • Political correctness
  • Curiosity
  • Living in the moment of now

Mentions & Resources:

Listen to this episode:

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

Ep. 515: Epic Trend Following Episode with Michael Covel on Trend Following Radio

Epic Trend Following Episode with Michael Covel on Trend Following Radio
Epic Trend Following Episode with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Epic Trend Following Episode with Michael Covel. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio:

  • Importance of consistent marginal improvements
  • Understanding a client’s drivers
  • Benefits the economy, society, and the world
  • Randomness is everything
  • Discretionary traders
  • Losses are statistically inevitable
  • Holy grails in trading
  • Behavioral biases
  • Volatility as measuring risk
  • Exploiting vs. Exploring
  • Tail risk premia vs. Pure alpha
  • Behavioral economics
  • Systematic trading
  • Price action
  • Benchmark selection
  • Time period selection
  • Markets teach humility
  • Time management

Mentions & Resources:

Listen to this episode:

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