Subscribe now and watch my free trend following VIDEO.

“Why Greece’s Lenders Need to Suffer”

A recent interchange with [prominent trader appearing on my podcast]:

Name: Read: “Why Greece’s Lenders Need to Suffer”

Covel: Great ending paragraph:

“There is an unsentimental logic to markets. If you make a bad investment, you are supposed to pay the full price — because if you don’t pay the full price, you will keep making bad investments. The only way to get the bond market back to its historic role is to make bondholders feel real fear that they might lose money if they make bad decisions. We need the market to reward bets that are economically wise, instead of those that are politically savvy.”

Wonder if we ever get there….

Name: We will get back there because our government will run out of money like the Greeks’ government. Ours will be painful too.


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. 360: Pas de Dough with Michael Covel on Trend Following Radio

Pas de Dough with Michael Covel on Trend Following Radio
Pas de Dough with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue “Pas de Dough” 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:

  • What trend following and dancing have in common
  • The philosophical foundations of trend following
  • Stock trading and location independence
  • Why relying on “fundamentals” is fool’s gold
  • What being a silent partner in the trend means
  • Why Darvas’ thinking from 1959 still applies today
  • The importance of having no ego when it comes to trading

“The only sound reason for my buying a stock is that it is rising in price. If that is happening, no other reason is required. If that is not happening, no other reason is worth considering” —Nicolas Darvas

Mentions & Resources:

Listen to this episode:

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

Rate and Review Trend Following Radio on iTunes

Get the foundation to making money in up, down and *surprise markets on the Trend Following mailing list.

Have a question or comment about this episode? Post it below.

Learn to be a trend following trader.
Sign up free today.