Michael Covel's Trend Following

Latest Episodes:

Ep. 50: James Altucher Interview with Michael Covel on Trend Following Radio Aug 25, 2012

Show notes

My guest today is James Altucher. From hedge fund manager, to author, to blogger to angel investor, Altucher has a wide and varied career bringing a very honest perspective to life, the cerebral side of the equation, health, and happiness. You can have all the systems in the world, but if you don't have the six inches between your ears figured out, it's all for nothing.

The topics are yoga and trading.

In this episode of Trend Following Radio we discuss:

Transparency
The connection between yoga and trading
Greed
Happiness
Expectations
Some of Altucher's early influences
Physical, emotional, and mental health
Honesty.

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. 49: David Cheval Interview with Michael Covel on Trend Following Radio Aug 22, 2012

Show notes

My guest today is David Cheval. Cheval was an inside witness to Richard Dennis and Bill Eckhardt's famed Turtle experiment. Through the involvement of his former wife, famed original TurtleTrader Liz Cheval, David Cheval's history and background for the Turtle story comes from a unique vantage point.

The topic is Turtle Trading.

In this episode of Trend Following Radio we discuss:

Events surrounding the Turtle experiment, including his own interesting part in alerting his former wife to the opportunity (he is still an investor in her firm)
Cheval's progression from a runner on the Chicago pits, to the formation of his CPO (Dearborn Capital Management), to his career in law today
The presence of Richard Dennis on the Chicago Board of Trade in the years prior to the Turtle experiment
Some of the lessons that can be gleaned from some of the most successful Turtles
The difference between volatility and risk
Why basic trend following philosophies are timeless

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. 48: Michael Gibbons Interview with Michael Covel on Trend Following Radio Aug 21, 2012

Show notes

My guest today is Michael Gibbons, a market timer (otherwise known as a trend following trader) who runs a firm called Gibbons Trading. Gibbons started as an economics major and quickly realized that much of what he was taught in academia didn't add up. He has been trading since 1971, and was one of the first to discover what is now known as stock index arbitrage. He was one of the first to use computerized trading and currently provides his proprietary research primarily to large traders and hedge funds.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

How Gibbons started in the markets
The fallacies of buy & hold and fundamental analysis
Trading prices apart from everything else (and how this is close to playing the market like a video game, i.e. pong)
The problem of when the media is simply "making things up"
How trading can be primarily psychological
The problems of the efficient market hypothesis (EMH) and academia
The benefits of having a trend following strategy during chaotic times; the danger of gurus
Separating your ego from your trading

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. 47: Consistency In Your Thought Process with Michael Covel on Trend Following Radio Aug 18, 2012

Show notes

Please enjoy my monologue Consistency In Your Thought Process 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. 46: Ralph Vince Interview with Michael Covel on Trend Following Radio Aug 16, 2012

Show notes

My guest today is Ralph Vince. Vince is by profession a computer programmer writing analytical programs for funds, large traders and professional gamblers. He is the author of five books on investing in his field of expertise, portfolio management and portfolio/trade optimization.

The topic is trading.

In this episode of Trend Following Radio we discuss:

Optimal bet sizes
Whether Ed Thorp's work and the Kelly criteria had any effect on Vince's work
The importance of knowing the optimal spot depending on your criteria
Why maximizing profits can result in a large drawdown - and why you should be happy about that
If diversification really does give you a free lunch
The importance of learning the wrong approach

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. 45: Howard Getson Interview with Michael Covel on Trend Following Radio Aug 14, 2012

Show notes

My guest today is Howard Getson, an entrepreneur and president & CEO of Capitalogix. Getson is an associate of Stendahl. Getson has a degree in psychology and philosophy from Duke University, an MBA and law degree from Northwestern, and has practiced corporate law. Getson is running a hedge fund today as well as a quant research shop, and he's in the business of systematically finding edges through all sorts of different approaches - not only trend following. Getson started his first business in the sixth grade, and he has always had the mind of an entrepreneur.

The topic is entrepreneurship.

In this episode of Trend Following Radio we discuss:

Getson's legal background and how being a practicing corporate attorney influenced his trading and other business practices - as well as how a diverse background can help
"E-gene", and how entrepreneurism is at the core of what both Getson and Covel practice
How hunches can be dangerous
Turning your hobby into your business
Recognizing patterns
The "three levels of mastery" - cognitive, emotional, and physical
How minimum standards can define your life
How systematic trading can define your minimum standards
Controlling emotions through automation
Importance of travel with a focus on Southeast Asia in particular and why this area of the world is so important to keep an eye on

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. 44: Leverage and The Martial Art with Michael Covel on Trend Following Radio Aug 13, 2012

Show notes

Please enjoy my monologue Leverage and The Martial Art 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. 43: Van Tharp Interview with Michael Covel on Trend Following Radio Aug 09, 2012

Show notes

My guest today is Van Tharp. Tharp runs the Van Tharp Institute and is the author of four acclaimed books. 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. Tharp also was also considered for the original Turtle program with Richard Dennis and Bill Eckhardt.

The topic is trading psychology.

In this episode of Trend Following Radio we discuss:

Tharp's psychological expertise to explain why trading psychology is so important to being a successful trader
Importance of happiness in relation to trading psychology
The influence of Tom Basso, Bill Eckhardt, and Ed Seykota (and his concept of "market's money")
The notion of self-sabotage

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. 42: The Happy Passenger with Michael Covel on Trend Following Radio Aug 08, 2012

Show notes

Please enjoy my monologue The Happy Passenger 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. 41: Ignoring The Global Chatroom with Michael Covel on Trend Following Radio Aug 04, 2012

Show notes

Please enjoy my monologue Ignoring The Global Chatroom 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!