Subscribe now and watch my free trend following VIDEO.

Tag: Trend Following

Joe Kernen Doesn’t Like Being Questioned

Posted on by Michael Covel

This video with Joe Kernen and David Harding on CNBC led to Kernen getting a little testy on Twitter with me. An excerpt from Kernen and I:

Kernen: Oh yeah. [Harding] Great for an interview. Absolutely no predictions or forecasts about what might happen in the future.

Covel: So the interviewee blows if he can’t forecast tomorrow?

Covel: Why have a trader on who does not predict and then ask for a prediction?

Kernen: Why wrestle with pigs when all you get is dirty. Toodles.

Why so curt with me? I did rip him earlier 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.

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. 248: Mark Miller Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Mark Miller
Mark Miller

My guest today is Mark Miller, an American computer scientist. He is known for his work as one of the participants in the 1979 hypertext project known as Project Xanadu; for inventing Miller columns; and the open-source coordinator of the E programming language. He also designed the Caja compiler. Miller is a Senior Research Fellow at the Foresight Institute.

The topic is computer science.

In this episode of Trend Following Radio we discuss:

  • Property rights
  • Hernando de Soto
  • Bitcoin and digital trust
  • “Smart contracts”
  • Why a contract is like a board game
  • Game theory
  • 3rd World infrastructure
  • How program code can become a contract
  • A closer look at “possession is nine-tenths of the law”
  • Whether the Turing Test was just passed
  • Defining the term “singularity”, and the multiple singularities of the past
  • A.I. and nanotechnology
  • How Miller’s work relates to markets
  • The history of hypertext

Listen to this episode:

Jump in!

The Process Is Not Easily Explained

Posted on by Michael Covel

This came across my desk recently:

Dear Mr. Covel, My name is [name] and I’ve read three of your books and have listened to over 50 of your podcasts. I’m emailing you because I have a project in which I need to interview a group of successful, yet secretive, professionals. They aren’t in the Managed Futures/Trend Following space. There will be a “secret sauce” that they will not want to give away, but obviously I need to get as much out of them as possible. The interviews will be conducted in person and via telephone/skype. My questions are:

1) What successful ways have you found to break the ice and establish rapport during the interview? I would certainly be viewed as an outsider to the industry.

2) What are some uncommon ways or tactics you have used to get the proverbial “foot in the door” with individuals who have been reluctant to accept your interview?

3) What am I offering in return for this interview? In many of your podcasts reciprocity can obviously being a great thing to get the author/guest to agree to the interview, but I’m struggling with how I might be creating value for my interviewee.

4) Any words of wisdom when it comes to this first stage of the project?

I appreciate your time and keep up the good work.

Sincerely,

[name]

Tough questions as much of what I do is instinctive now after years of practice (and of course all of my on air process is out there for all to see). It might not feel like a direct answer to your questions, but my list here is the best place to start. If you are really serious, you have some homework ahead of you.

Listen to my podcast with the creator of the Rocket Men documentary Robert Kurson.

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. 247: Van Tharp Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Van Tharp
Van Tharp

My guest today is Van Tharp, Tharp runs the Van Tharp Institute and is the author of four acclaimed books published by McGraw Hill: Super Trader, Trade Your Way to Financial Freedom, Safe Strategies for Financial Freedom, and Financial Freedom Through Electronic Day Trading. He was also featured in Jack Schwager’s Market Wizard’s: Interviews with Great Traders. Van Tharp received his Ph.D. in psychology, is a certified Master Practitioner of Neuro Linguistic Programming (NLP), a Certified Master Time Line Therapist, a certified Modeler of NLP, and an Assistant Trainer of NLP. He has used his expertise in NLP to create the successful models of trading and investing upon which so much of his work is based.

The topic is his book Trading Beyond the Matrix: The Red Pill for Traders and Investors.

In this episode of Trend Following Radio we discuss:

  • Beliefs in the context of trading and investing
  • The moment of now, and the Navajo’s belief of a never-ending present
  • The belief examination paradigm
  • “Big money” and what it means to Van Tharp
  • The idea of “trader jail”
  • Fear of the unknown
  • The importance of sleep
  • The difference between spirituality and religion

Listen to this episode:

Jump in !

Van Tharp

Ep. 246: David Ryan Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
David Ryan
David Ryan

My guest today is David Ryan. Ryan was famously first featured in Jack Schwager’s “Market Wizards” book. Ryan has been the U.S. Investing Champion for 3 times and also worked for William O’Neil. 

The topic is market wizards strategies.

In this episode of Trend Following Radio we discuss:

  • How Ryan got his start walking up to the front door of O’Neil’s offices
  • How Ryan would describe his approach to trading today
  • CAN SLIM trading, and buying the breakout vs. buying the dip
  • Enjoying trading without clients
  • Some good CAN SLIM winners in the past two to three years from Ryan’s perspective
  • Big picture-wise, the max loss that Ryan is willing to take on a position
  • The type of winning percentages that Ryan really sees
  • The uneasiness about the overall market system since the 2008 financial crisis and how Ryan looks at how the situation has unfolded
  • High frequency trading
  • How the market can be humbling; and getting your ego out of the market

Listen to this episode:

Jump in!

David Ryan

The “System” Wants You to Believe in “Security”; Run from Any Man That Promises Such

Posted on by Michael Covel

Consider:

It must be obvious, from the start, that there is a contradiction in wanting to be perfectly secure in a universe whose very nature is momentariness and fluidity. But the contradiction lies a little deeper than the mere conflict between the desire for security and the fact of change. If I want to be secure, that is, protected from the flux of life, I am wanting to be separate from life. Yet it is this very sense of separateness which makes me feel insecure. To be secure means to isolate and fortify the “I,” but it is just the feeling of being an isolated “I” which makes me feel lonely and afraid. In other words, the more security I can get, the more I shall want. To put it still more plainly: the desire for security and the feeling of insecurity are the same thing.

Want security in your investments? That’s what you crave? That’s your number one goal?

Hint: You will never get there.

Accept that the desire for security and the feeling of insecurity are the same thing, and you are on your way to making some money. Start here.

Source: Watts, Alan W. (2011-11-16). The Wisdom of Insecurity (Vintage) (pp. 77-78).

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 101: “When You Are Caught in A Strong current, It Is Fatal to Resist”

Posted on by Michael Covel

Consider:

If, when swimming, you are caught in a strong current, it is fatal to resist. You must swim with it and gradually edge to the side. One who falls from a height with stiff limbs will break them, but if he relaxes like a cat he will fall safely. A building without “give” in its structure will easily collapse in storm or earthquake, and a car without the cushioning of tires and springs will soon come apart on the road. The mind has just the same powers, for it has give and can absorb shocks like water or a cushion. But this giving way to an opposing force is not at all the same thing as running away. A body of water does not run away when you push it; it simply gives at the point of the push and encloses your hand. A shock absorber does not fall down like a bowling-pin when struck; it gives, and yet stays in the same place.

Trend following philosophy 101.

Source: Alan Watts.

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.