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Tag: Trend Following

You Are Here for Change

Posted on by Michael Covel

My world is designed to change you. The change I want:

1. Have investors burn buy and hold investing at the stake.
2. Properly classify Warren Buffett as not you. You can’t do what he does.
3. Acknowledge the black swan risks associated with centrally planned ZIRP policy–responsible for the boom/bust cycles.
4. Adopt trend following strategies and philosophies as a solution for profit and outlier (black swan) protection.

That’s why you are here.

Note: If you groove off trusting big brother, the central planners, to take care of you–wrong place–stop reading & listening now.

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.

Falling Prey to The Wall Street Journal Spin

Posted on by Michael Covel

Received this request recently:

Hello, I would like to know your view on this article by John Taylor.

Thanks for the opportunity to clarify:

1. In my 4 books I address multiple historical instances where trend following was pronounced “dead”.

2. Trend following is not meant to be a currency only strategy. Diversification is mission critical.

3. Some trend following performance for comparison: https://www.trendfollowing.com/performance. Please keep eyes wide open to a longer time horizon v. the short-term focus of a WSJ reporter spin pen.

4. Taylor sounds as if he is using fundamentals to explain trend following strategy. Trend following is a systematic technical strategy. There is no fundamental usage.

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. 140: Tom Asacker Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Tom Asacker
Tom Asacker

My guest today is Tom Asacker, an artist, writer, inventor, and philosopher. He writes, teaches, and speaks about radically new practices and ideas for success in times of uncertainty and change.

The topic is his book The Business of Belief: How the World’s Best Marketers, Designers, Salespeople, Coaches, Fundraisers, Educators, Entrepreneurs, and Other Leaders Get Us To Believe.

In this episode of Trend Following Radio we discuss:

  • Choice and distraction/distrust
  • Belief and its connection to how people make decisions and habit
  • Faith healers and how information can change our beliefs and perceptions
  • How the supermarket works as a metaphor for belief and choice
  • Vernon Smith and Daniel Kahneman
  • The instinctive “feeling” mind vs. the slow, deliberate thinking mind
  • Leading people to choose themselves vs. just getting a job
  • Thinking like a child
  • Comfort vs. desire
  • Why those that have nothing to lose can put themselves in the best position for success
  • Pulling the curtain back on your own mind to determine what your own mind is doing to prevent you from living a full life
  • The power shift to the individual via the internet
  • Why we see what our minds are conditioned to see
  • Practice, hard work, and passion
  • The metaphor of baseball, perception, belief, and behavior
  • Thinking your way to a change vs. acting your way to a change
  • Alan Watts, and the question of “What if money was no object?”

Listen to this episode:

Jump in!

—–

Check out this guest post by Robert Kramer on How our beliefs can affect our reactions to truth, facts, and lies.

Ep. 139: Steve Burns Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Steve Burns
Steve Burns

My guest today is Steve Burns. Burns has been investing and trading in the stock market successfully for many years. He is the author of seventeen books about the stock market. He is one of the top reviewers for books about trading and investing, having read and reviewed several hundred books.

The topic is trading.

In this episode of Trend Following Radio we discuss:

  • Risk management
  • Position sizing
  • The magic of compounding
  • Why individual trades have very little meaning
  • Turning down the volume on your emotions in your trades
  • How your losses can be an education
  • Concept and theory with regard to trend following
  • Quantifying and capturing trends
  • “Just trading the numbers”
  • Greed and fear in the context of trends
  • The common attitudes and misconceptions of novice to trend following traders
  • Trading against the market vs. trading against yourself
  • Drawdowns, and the importance of studying the track records of the great traders
  • Entry and exit strategies
  • The importance of starting “right” in every enterprise
  • The curse of laziness
  • Ignoring the talking heads
  • Why you don’t need 20 screens on your desk to trade optimally
  • Cutting your losses
  • The 1% rule
  • Being blinded by the fundamentals
  • Why if you diversify, control your risk, and go with the trend, it just has to work
  • I.Q. vs. emotional intelligence (E.Q.)
  • Technology and long term trend following

Listen to this episode:

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Ep. 138: Gimp Investing with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Gimp Investing with Michael Covel on Trend Following Radio
Gimp Investing with Michael Covel on Trend Following Radio

Please enjoy my monologue Gimp Investing 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. 137: Right and Wrong Answers with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Right and Wrong Answers with Michael Covel on Trend Following Radio
Right and Wrong Answers with Michael Covel on Trend Following Radio

Please enjoy my monologue Right & Wrong Answers 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.

Day Trading is Not Trend Following

Posted on by Michael Covel

A recent email:

Hi Mr Covel, I am Michael Yang, a Chinese trader, also a reader of your book. May I ask you a question? I have already found a way to identify the trend, and I agree with your method. I always trade by following the trend. These days, I think of different time frame and find two general ways to trade. The first one: I try to identify a long-term trend in a big time-frame, just like day chart or 4-hours chart. Then I try to find any following-trend signal in a smaller time-frame. For example, if I find a down trend in a 4-hours chart, I will ignore all buy signal in any time-frame that shorter than 4-hours. I will follow all sell signal in 1H chart, 15M chart, even 5M chart. By this way, I think I can follow all big trend that identified in 4-hour chart. But, I will miss some big reversal trend. Because any trend change begin from small time-frame, and then big time-frame. The second one: I try to trade in any single time-frame. I will follow all signal in a single time-frame, buy, sell, and buy, sell, and then buy,sell. By this way, I can hold some position that against big trend in big time-frame and make a big stop loss, but I cannot miss some reversal trend. I follow all trend in a single time-frame. What is your opinion on these two ways? Which one do you think is better for traders? Thank you!

I have never met a successful trend following trader trading 1H, 15M or 5M time periods. That’s not trend following. That’s gambling. Feel free to follow-up with any questions.

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.