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Tag: feedback

Podcast Feedback: The Nuts and Bolts

Posted on by Michael Covel

I welcome all feedback, especially feedback that may make my websites a little more user friendly:

Hello,

I’ve got some suggestions for how you could possible modify your blog/podcast to better serve readers like me who would like to use it more efficiently.

I get your emails with wonderfully detailed synopsis of the podcasts, which are brilliant in that they really dive into what really is relevant in trading and life in general, psychology. Keep it up. Now, I would like to keep my inbox clean, and just have to revert to your website for this exact synopsis. I find that it IS the same under the general blog area, but it is not provided in one easy area under the podcast area. It would be great if I could just see the easy listing on the blog, of all your episodes and guests, but also have that synopsis shown there.

Also, it would be nice if this podcast was provided on YouTube, on your channel, where I could do two things, file it under under important categories, and also make use of the speed function which enables me to listen to podcast more efficiently, which is not a function found anywhere else that I have noticed. It is not necessary to have to really be on screen, as I am just interested in the audio content. If it was modeled on the [name] podcast, that would be just great.

Thank you for listening, as you do have a unique program, and doing this would enable me to endure less friction in accessing your podcast. If you could advise if this is possible, and to publicly mention this on a future mailout would be appreciated.

Thank you.

You can see/listen to podcast here.

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.

S&P 500 Trading System

Posted on by Michael Covel

Feedback in:

Hi Michael…

Thank you for your comments on the S&P500 in podcast 271. Very good insight into the nature of the index and how it is used (or misused). As one of your guests said, buying and holding is like getting in a car with no brakes. I quote that to my clients frequently. When clients ask me what I think the market is going to do I always reply: “I have no clue what the market is going to do. But I know exactly what we are going to do in response to whatever the market does and that will make all the difference.” Once a client asked me, “Doesn’t the market just always go up?” I replied “Yes, the market always goes up. Sometimes.” This summer I made some road trips with my wife and daughter and I listened to about 2 dozen of the podcasts in the car. I am pleased that my 13-year old daughter got to absorb wisdom from the likes of Walter Williams and others. Your podcasts are a priceless gift to investors. An important benefit that I receive from them is confirmation that I am on the right track. Being a trend follower in a world brainwashed by Modern Portfolio Theory can be lonely. I have attached the first 20 months performance report from trading the S&P leveraged index funds using a trend following strategy.

Thanks for all you do.
[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.

Noah Smith: No Thanks

Posted on by Michael Covel

Feedback in:

Dear Mr. Covel,

I want to congratulate you for arranging an interview with Robert Aumann. You are very skilled at arranging interviews with prominent people in the fields of economics and finance and I am looking forward to listening to your future podcasts.

After listening to your podcast titled, Misinformed View on Trend Following, I was not surprised that Noah Smith [ep. 266] raised your ire. You are another person in a long line of individuals who have been jolted by Smith’s writings on economics and finance. He is very skilled at writing columns that cause the people who he criticizes to respond vehemently. To give you an idea of how many people and websites have responded strongly to Smith’s writings, I will list some of them for you: Peter Schiff, Mike Shedlock, Robert Murphy, Gary North, ZeroHedge.com, Acting-Man.com, and TheDailyBell.com. Schiff recently interviewed Smith on his radio show. If you listen to the interview, you will hear that Smith is not afraid to debate a person that he criticizes and he is not rude. I encourage you to use your skill at arranging interviews to convince Smith to be interviewed by you. I believe that you will find him troublesome but you will learn that he is an intellectually honest person who simply wants to know what drives financial markets and the economy.

Sincerely,

[Name]

Noah Smith is a petulant brat. Next.

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.

Don’t Compare Yourself to a Fund

Posted on by Michael Covel

Feedback in:

Hi Michael,

I’ve been listening to all your podcasts–an episode-a-day while driving to work. It’s full of great interviews and I’ll try to get your word out to my world as much as I can.

After listening to your Martin Bergin episode I found myself asking a question. And this is what I want to ask you: is it necessary to use automated (computer-run) systems to follow trends in these days or can it still be done manually by retail investors like me?

I’m not math-phobic but am no PhD in Math either. I do have a computer but it’s a plain old Macbook Pro and not a blackbox kind of supercomputer!

Please help, as I’m struggling to hear how a retail trader can effectively but manually follow trends.

Keep the flag flying!

Warm Rgds
[Name]

Please don’t compare yourself to a billion dollar fund (see Turtle story)! You can absolutely keep track of trades as a retail trader via a spreadsheet (EXCEL or paper). Mind you: you are trading end of day (no day trading) and or end of week bars. That is a very straightforward tracking issue. Can you make it pretty and fancy with automation software? Sure. Do you have to do that? No.

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.

Singapore Calling!

Posted on by Michael Covel

Feedback in:

Dear Michael:

Having just recently finished ‘The Complete Turtle Trader’, I must commend you on a very informative (& readable) analysis on the development, success & continued relevance of the original Turtle program. For guide, I am based in Singapore as part of [Name] derivative trading team. As you spend a fair bit of time in the region, it would be a pleasure to meet for lunch (or dinner) on your next stay here.

Regards,
[Name]

Next time, 100%.

photo

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.

“Listen, I surrender, you beat me Mr. Market, now where do you want to go?”

Posted on by Michael Covel

Feedback in:

Hey Michael,

Recently I started listening to your podcast and have been researching a bit of what you have been saying. I find your podcast I be extremely informative. I think sometimes it’s the kind of kick in the ass the public needs so I am glad you are out there speaking your mind on a lot of important topics.

I did find a lot of research verifying that trend following is a valid strategy and one where a lot of people have made a decent amount of money. However, I couldn’t find very good information as far as annual returns over the long-term goes. Can you send me some of this?

The trend following system, in general, makes a lot of sense. Trends happen, obviously. Those who want to be a passenger can be and can make a lot of money. Intuitively I like the idea. It appeals to my sense of logic. You’re not trying to figure out anything. You’re merely saying, I don’t know where this will go, it seems to be going somewhere, and you buckle your seat belt. The seat belt is the stop-loss in this analogy.

Anyhow, just wanted to send a kudos your way. Keep up the good work. Would like to hear you talk more about a lot of people that are in boats they never thought they’d be in. For instance, in my case, I got myself into a lot of debt via students loans. It’s not an easy ride in this economy to have a degree no one cares about (I have an MBA). Agree with the entrepreneurial lifestyle. I worked a dead-end job for a bit of time and now am ready to move on to something new and try to get out of the “zombie-like” mindset.

I have subscribed to a while to value investing and found lots of research to show it does work. The problem with value investing, compared to trend following, is that it takes a tremendous amount of work to try to figure out something the market doesn’t already know or find where the market differs from the underlying value of a company. Trend following seems to hold up the white flag and say, “Listen, I surrender, you beat me Mr. Market, now where do you want to go?”

Regards,
Larry H.

Thanks! Data? See.

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.

Becoming a Hedge Fund Titan

Posted on by Michael Covel

Feedback in:

Hi Michael, so I’ve read the book Linchpin and indeed is full of great advice. It reminds me of the book The Leader Who Had No Title, by Robin Sharma, and I totally agree with the philosophy that everyone should do their absolute best and create “art”. Now I understand better your business model of giving so many gifts to the community like your podcast (which I started listening), your PDFs, videos and all that; I wanted to thank you for offering so many valuable information to the world. Now, Linchpin focuses mostly on how an employee should act and think, indeed the ideas can be applied to entrepreneurship as well but the thing is that I want to excel in the financial markets and there’s not much art you can do there. Here’s the thing, I have a vision in mind to make Master of the Universe type of money. I want to become a Market Wizard and I want your advice. My plan for now is to simply learn as much as I can from the experts (like you and [name]) and start growing my account. My question is, is there a better way? should I be looking to go into the money management business, maybe go work for a hedge fund or open one? Or can I achieve my goal just by trading my own account? Which is better? Oh and one more thing, I know you’ve studied Tony Robbins and he kept mentioning that he coached a guy who made $500 million in the 1987 crash, do you know who he’s talking about? Because he never mentioned his name.

Thank you,
[Name]

I believe the trader Tony Robbins is talking about is Paul Tudor Jones. I don’t think working for a hedge fund is necessarily how you become a hedge fund titan. Starting a hedge fund is the path. Right? Trade your own account, then friends and family, then others. That’s the path.

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.