Michael Covel's Trend Following

Latest Episodes:

Ep. 80: Robert Greene Interview with Michael Covel on Trend Following Radio Nov 12, 2012

Show notes

My guest today is Robert Greene, the bestselling author of the classic book, "The 48 Laws of Power", in addition to other bestsellers such as "The Art of Seduction", "The 33 Strategies of War", and "The 50th Law" with musician and entrepreneur, 50 Cent.

The topic is his book Mastery.

In this episode of Trend Following Radio we discuss:

The influence "The 48 Laws of Power" had on Covel's own writing
Using the 48 Laws as a defense strategy rather than as a cutthroat offense
Some of Greene's early influences that led him into his writing career
Using Zen Buddhism and meditation as a tool to gain perspective and focus
The importance of using your unique life experiences in your career to create an irreplaceable style
Embracing opportunity

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. 79: It Was A Very Good Year with Michael Covel on Trend Following Radio Nov 12, 2012

Show notes

Please enjoy my monologue It Was A Very Good Year 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. 78: Trend Following Style, Prechter, Godin, and Gawande with Michael Covel on Trend Following Radio Nov 11, 2012

Show notes

Please enjoy my monologue Trend Following Style, Prechter, Godin, and Gawande 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. 77: Michael Mauboussin Interview with Michael Covel on Trend Following Radio Nov 07, 2012

Show notes

My guest today is Michael Mauboussin, an author ("More Than You Know", "Think Twice: Harnessing the Power of Counterintuition"), investment strategist in the financial services industry, professor at the Columbia Graduate School of Business, and board of trustees at the Santa Fe Institute (an independent, nonprofit theoretical research institute).

The topic is his book The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing.

In this episode of Trend Following Radio we discuss:

Luck and skill, how they cross over and play off each other, and how both of those factors have played a part in both Covel and Mauboussin's careers
How Mauboussin came to start working on "The Success Equation"
How losing on purpose can define skill
How sports can provide great examples of what Mauboussin contends regarding skill and luck
The human desire and emotional need to tell stories, and how that plays into peoples' difficulty untangling skill and luck
Stephen Jay Gould's notion of the .400 hitter in baseball and the paradox of skill
Physical limits and improvement in skill over time
Sample size issues
Process vs. outcome
What to do when you're the underdog and how complicating the situation can help when you're in that position
Improving your guesswork on where you are in the luck-skill continuum
Persistence and predictive value
Building skill

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. 76: Jack Schwager Interview with Michael Covel on Trend Following Radio Nov 06, 2012

Show notes

My guest today is Jack Schwager, a recognized industry expert in futures and hedge funds and the author of a number of widely acclaimed financial books. Schwager is one of the founders of Fund Seeder, a platform designed to find undiscovered trading talent worldwide and connect unknown successful traders with sources of investment capital. Previously, Schwager was a partner in the Fortune Group (2001-2010), a London-based hedge fund advisory firm.

The topic is his book Market Sense and Nonsense: How the Markets Really Work (and How They Don't).

In this episode of Trend Following Radio we discuss:

How Schwager was able to make "Market Sense and Nonsense" accessible to both professionals and laymen and touch on some of the subjects contained within: market fallacies and misconceptions
The idea of cable news "experts", and what would happen if you actually followed all of the picks made by people like Jim Cramer and other talking heads
Comparing performance streams against each other, and why you have to consider more than just the number
Volatility vs. risk
If coming to a good risk adjusted return is based more on a scientific approach or personal preference
Leveraged ETFs
The fear of hedge funds
The idea of leverage and why much of "Market Sense and Nonsense" was built around trying to understand it
Why fund-to-fund managers putting a large group of trend following traders together in one portfolio might not be a wise move
Presidential election and discuss why whoever is selected to be the next president might not make much of a difference in the markets

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. 75: Understanding David Harding with Michael Covel on Trend Following Radio Nov 02, 2012

Show notes

Please enjoy my monologue Understanding David Harding 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. 74: Dancing With Yourself with Michael Covel on Trend Following Radio Oct 30, 2012

Show notes

Please enjoy my monologue Dancing With Yourself 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. 73: Peter Brandt Interview with Michael Covel on Trend Following Radio Oct 25, 2012

Show notes

My guest today is Peter Brandt, a trader who has been in the commodity trading space since 1976. He's traded his own proprietary account from the late 1970s until today and is currently entering the hedge fund world by running a multi-CTA fund-of-funds. Brandt got his start in Chicago trading commodities and working at the Chicago Board of Trade for Continental Grain Company.

The topic is his book Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading.

In this episode of Trend Following Radio we discuss:

How the accident influenced his trading and how great lessons can be learned through adversity
The idea of trading a five-minute chart pattern vs. a weekly chart pattern
The biggest mistakes you can make as a novice trader
Averaging a loser
Risk management and the right amount to risk on any trade
Upside volatility and the fantasy of a straight line up of profit growth
The importance of reducing the incessant head chatter and living in the moment now

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. 72: Price Is Easy with Michael Covel on Trend Following Radio Oct 25, 2012

Show notes

Please enjoy my monologue Price Is Easy 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. 71: The Lunatic Is On The Grass with Michael Covel on Trend Following Radio Oct 19, 2012

Show notes

Please enjoy my monologue The Lunatic Is On The Grass 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!