Subscribe now and watch my free trend following VIDEO.

Tag: michael covel

Ep. 148: Jerry Parker Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Jerry Parker
Jerry Parker

My guest today is Jerry Parker, a trend following trader with over 25 years of experience. His firm is Chesapeake Capital and he was featured in Covel’s book “The Complete TurtleTrader.”

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

  • Fitness
  • The Hindenburg “omen”
  • Objective entry/exit criteria
  • Why you’d stay in a long position that you wouldn’t want to enter into today
  • The “oversleeping” hypothetical
  • The idea that reducing volatility increases risk
  • Definitions of volatility and risk
  • Parker’s thoughts on trend followers not really having drawdowns in the typical sense
  • “Managed futures” and why investors may not want that vs. “trend following”
  • Definitions of “managed futures” and “trend following”
  • Why managed futures isn’t a good term for some

Listen to this episode:

Jump in!

Ep. 147: Rolf Dobelli Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Rolf Dobelli
Rolf Dobelli

My guest today is Rolf Dobelli, a Swiss author and entrepreneur. Dobelli is a member of Edge Foundation, Inc., PEN International and the Royal Society of Arts. He is the founder of the World Minds foundation.

The topic is his book The Art of Thinking Clearly.

In this episode of Trend Following Radio we discuss:

  • Availability bias
  • Statistics
  • The sunk cost fallacy
  • The difficulty of logical thinking
  • Authority bias and outcome bias
  • Process vs. outcome
  • The irrelevancy and “white noise” of news
  • Information overload
  • Neomania and the obsession with the “new”
  • Nassim Taleb, outliers, and the black swan
  • J.P. Morgan, banks, and looking behind the facade
  • Why watching and waiting is torture for people (the action bias)
  • The idea that “the boat matters more than your rowing”
  • The paradox of choice, closing doors, and settings fire to ships
  • The “it will get worse before it gets better” fallacy and stop loss
  • Applying these lessons to daily life

Listen to this episode:

Jump in!

Ep. 146: Mebane Faber Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Mebane Faber
Mebane Faber

My guest today is Mebane Faber, a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria’s ETFs and separate accounts. Mr. Faber is the host of The Meb Faber Show podcast and has authored numerous white papers and leather-bound books. He is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The New York Times, and The New Yorker.

The topic is his book Shareholder Yield: A Better Approach to Dividend Investing.

In this episode of Trend Following Radio we discuss:

  • State of quant investing in Asia
  • How asset allocation is like “bullets”
  • The benefits of quantitative-style systems
  • Protecting yourself against your own behavioral biases
  • Connections between biology and trading
  • Behavioral finance
  • Keeping yourself from making irrational decisions
  • Boom-bust cycles and bubbles
  • Quant views on the efficient market theory and buy and hold
  • Japanese markets compared to US markets
  • “Cheap” and “expensive” countries and markets
  • Asset class agnosticism
  • Avoiding the big losses
  • Investing based on dividends
  • Momentum as a return factor
  • Exit strategies

Listen to this episode:

Jump in!

Ep. 145: Bubble Pop with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Bubble Pop with Michael Covel on Trend Following Radio
Bubble Pop with Michael Covel on Trend Following Radio

Please enjoy my monologue Bubble Pop 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. 144: Jon Boorman Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Jon Boorman
Jon Boorman

My guest today is Jon Boorman, CMT, a market technician, analyst, and trader with 25 years of experience in global equity, FOREX, and futures markets. Boorman employs trend following and momentum strategies to generate actionable trade ideas. Boorman has been with many big firms in the past 25 years, but now works on his own outside of the infrastructure of the big investment banks and brokerage firms.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

  • What it was like working within the big firms
  • Boorman’s beginnings and how he found his way to where he is today
  • What advice Boorman would have for newcomers, and whether the training Boorman went through is still relevant to up-and-comers today
  • How regardless of your access, success comes down to the individual
  • Price-based trend following vs. other technical analysis
  • Boorman’s early “a-ha” moments towards trend following
  • Trend following complexity, and why it can be “simple, but not easy”
  • Trading your own personality
  • Van Tharp, risk management and position sizing
  • Trend predicting vs. trend following
  • The fantasy of calling tops and bottoms
  • Why the major media outlets don’t give trend following proper coverage, and why trend followers don’t make good “copy”
  • Mistaken emphasis on entries rather than exits
  • The idea that Boorman “no longer having a need to be right” after he left Lehman Brothers
  • Alpha capture
  • Acceptance of trend following amongst the larger financial community
  • Understanding the legendary trend following traders such as Bill Dunn and Jerry Parker

Listen to this episode:

Jump in!

Ep. 143: Doing More With Less with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Doing More With Less with Michael Covel on Trend Following Radio
Doing More With Less with Michael Covel on Trend Following Radio

Please enjoy my monologue Doing More With Less 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.

Inspirational Proof

Posted on by Michael Covel

Feedback in:

Hi Mike. Thank you for the latest newsletter and for introducing me to Asacker and Watts. The podcast with Tom Asacker is superb. The final part, listening to Alan Watts moved me to tears, what he said is so true and said so eloquently. I have two daughters and hope to convince them to work for themselves when they get through their education. I hope they will listen to your podcast at some point – they’re aged 11 and 13. Your own story of itself is inspirational and proof that belief is crucial. Incidentally, JOB, stands for; JUST OVER BROKE! I heard that many years ago, and how true it is. Which ever part of the world you’re in, have a good day.
Best wishes,
Rob

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.