Michael Covel's Trend Following

Latest Episodes:

Ep. 130: Dan Collins Interview with Michael Covel on Trend Following Radio Jun 15, 2013

Show notes

My guest today is Dan Collins, a senior producer for CBS News.com. Previously, he was a New York correspondent for U.S. News & World Report and a reporter for the New York Daily News.

The topic is the article Quant Hedge Funds Hit By US Bonds Sell-Off.

In this episode of Trend Following Radio we discuss:

Why trend followers are speculators rather than investors
Why the Financial Times article showed a misunderstanding of trend following in general
Headlines and what drives them
Equity-centric writers
Why long term trend following is disrespected and why there is a bias towards higher frequency, shorter term traders
Why keeping it simple is a good strategy
Fees in the managed futures and options industry
"Volatility value trading"
"Style drift"
Why quality trend following traders under the umbrella of "managed futures" allow some lesser strategies to "free ride" on their success
Different time horizons in trend following
Why trend following is declared "dead" so often

Jump in!

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I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Ep. 129: Skepticism & Agnosticism with Michael Covel on Trend Following Radio Jun 14, 2013

Show notes

Please enjoy my monologue Skepticism & Agnosticism with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Ep. 128: The Man Behind The Curtain with Michael Covel on Trend Following Radio Jun 12, 2013

Show notes

Please enjoy my monologue The Man Behind The Curtain with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Ep. 127: Don't Be Average: Buy & Hold with Michael Covel on Trend Following Radio Jun 07, 2013

Show notes

Please enjoy my monologue Don't Be Average: Buy & Hold with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Ep. 126: James Altucher Interview with Michael Covel on Trend Following Radio Jun 04, 2013

Show notes

My guest today is James Altucher, an American hedge-fund manager, author, podcaster, and entrepreneur who has founded and cofounded over 20 companies. He has published 20 books and is a contributor to publications including The Financial Times, The Wall Street Journal, TechCrunch, and The Huffington Post.

The topic is his book Choose Yourself!

In this episode of Trend Following Radio we discuss:

The new book and why all the rules we thought of as normal ("The banks will always finance my house", "The stock market will always go up", "The big corporations will always hire me", "If I have a college degree, there will always be a job for me") are imaginary
Why a good trader trades their own self first, and the importance of choosing yourself and making a consistent inner life
The need to become an entrepreneur and artist in today's climate, and why you might be looking down the barrel of a career in temp staffing if you don't
The collapse of the middle class and 9-5 "jobs" as we know them
The importance of doing the un-obvious
Why you're only as valuable as your network
The need to exercise your idea muscle
Sunk costs and opportunity costs
Breaking the cycle of consumerism, buying memories and not buying objects
Commitment bias
Finding a career at 27, Stan Lee of Marvel Comics, endurance, and the importance of doing something for yourself today
David Gilmour of Fiji Water and the benefits of adventure
Medication, lifestyle choices, and the necessity of good sleep hygiene
The need to be an artist where your life is the canvas

Jump in!

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You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Ep. 125: Education System Chaos with Michael Covel on Trend Following Radio May 28, 2013

Show notes

Please enjoy my monologue Education System Chaos with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Ep. 124: Variability Is The Norm with Michael Covel on Trend Following Radio May 21, 2013

Show notes

Please enjoy my monologue Variability Is The Norm with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Ep. 123: Michael Covel on Trend Following on Trend Following Radio May 15, 2013

Show notes

Please enjoy my monologue Michael Covel on Trend Following on Trend Following Radio. This episode may also include great outside guests from my archive.

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You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Ep. 122: Jim Woods Interview with Michael Covel on Trend Following Radio May 13, 2013

Show notes

My guest today is Jim Woods, a 20-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor. Jim is the editor of Intelligence Report, Successful Investing, Bullseye Stock Trader and The Deep Woods (formerly the Weekly ETFReport).

The topic is his book The Wealth Shield, A Wealth Management Guide: How to Invest and Protect Your Money from Stock Market Crashes, Financial Crisis and Global Economic Collapses.

In this episode of Trend Following Radio we discuss:

Zero interest rate policy, or "ZIRP", and why normal people are taking on more risk to get the same returns
If another 50% meltdown happened in the S&P while rates were at zero, what might the chain reaction be? Would you be prepared trading wise for that?
Technology taking away the need for human capital
The power structure in Washington
The societal implications of ZIRP
What the stock market might do if interests rates went up
The concept of "blowback"
The importance of having a plan
Protecting yourself, and the eventuality mindset
The US as a "prison" banking system
The importance of investing in other currencies for beyond trading reasons

Jump in!

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You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Ep. 121: Jason Russell Interview with Michael Covel on Trend Following Radio May 10, 2013

Show notes

My guest today is Jason Russell, the President and CIO of Acorn Global Investments in Canada. Russell brings a unique perspective to the show with a very clear strategy on how his firm makes money for their clients.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

Russell's background and how he came to form Acorn Global Investments
Russell's strategy for Acorn and "the baker analogy"
The idea of "winners stay, losers go"
Showing his investors every position that Russell has
How the terms "commodity trading adviser", "trend follower", "quantitative trading" don't exactly describe what many traders do
Ed Seykota and the "trading tribe"
Letting go of "why" and simply riding out trends
Where strategies like Russell's fit in the context of a portfolio
The importance of delivering uncorrelated results to the S&P 500
Drawdowns and the psychological effect of going through one alone, uncorrelated to other markets
How there's nothing more important than risk management