Michael Covel's Trend Following

Latest Episodes:

Ep. 40: Price Is The Only Issue That Matters with Michael Covel on Trend Following Radio Aug 01, 2012

Show notes

Please enjoy my monologue Price Is The Only Issue That Matters with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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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. 39: Eric Prentis Interview with Michael Covel on Trend Following Radio Jul 27, 2012

Show notes

My guest today is Eric Prentis, a stock market investing and trading expert. He has experience as a registered investment adviser, as a teacher and researcher on the faculty of the University of Southern California's graduate school of business, and as a stock market fund manager. He is the author of "The Astute Investor, 2nd ed.," and "The Astute Speculator," which are interesting to read, easy to understand and present the best advice from the masters.

The topic is his Zero Hedge article Everything You Know About Markets Is Wrong.

In this episode of Trend Following Radio we discuss:

Prentis lays the foundation for the credit crisis and everything that started to unfold in the summer of 2007
How we got there, and the approaches we're taking to getting out
"Financial psychopaths" - and whether the public might be complicit in Wall Street's behavior
Why the "wealth effect" isn't working today
How zero interest rate policy (ZIRP) is affecting us, and why there isn't an uproar against it
Why four years into the credit crisis, we still aren't seeing improvements
Using more debt to keep the debt cycle going (and why it's a dead end)

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. 38: Brad Rathe Interview with Michael Covel on Trend Following Radio Jul 23, 2012

Show notes

My guest today is Brad Rathe, a trader, and programmer. Rathe allocates funds to other traders, as well as operates his own global macro fund. Rathe has worked at such firms as EMC (original Turtle), Northbourne, and Rotella. Rathe moved to Chicago the day he graduated college and immersed himself in the pits of the Chicago Board of Trade, initially working in the "meats" pit (pork bellies, live cattle, live hogs, and feeder cattle).

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

Practical/physical factors involved in the futures pit in the late 80's/early 90's
The move to screen-based exchanges (computer trading) replacing floor trading
Working at Globex
How the CTA business grew under the Turtles
The importance of programming
Tweaking and changing your trend following system
MF Global, Madoff, Wasendorf and other cheaters
The importance of being unemotional during a big blowup

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. 37: Ryan Holiday Interview with Michael Covel on Trend Following Radio Jul 19, 2012

Show notes

My guest today is Ryan Holiday, the director of marketing for American Apparel, media strategist for Tucker Max, Dov Charney, and others, and an author.

The topic is his book Trust Me, I'm Lying: Confessions of a Media Manipulator.

In this episode of Trend Following Radio we discuss:

The media food chain
What goes into media manipulation
The lie of "if you're doing something great, it will be heard"
Gatekeepers in the media
How blogs are our digital bloodsport
Why being inaccurate and inflammatory gets more page views
How we don't seek honesty or reality

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. 36: Michael Covel Monologue on Trend Following Radio Jul 18, 2012

Show notes

Please enjoy my monologue 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. 35: Patrick De Villiers Interview with Michael Covel on Trend Following Radio Jul 16, 2012

Show notes

My guest today is Patrick De Villiers, a co-founder of the systematic trend following fund, Neural Capital. Originally from South Africa and now based in Cyprus. He is a highly accomplished financial market specialist with extensive treasury experience and business implementation, has vast knowledge about systematic investment portfolios and risk management., and has extensive experience in emerging and developed financial markets with very strong managerial and leadership skills.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

When you're at a big bank the performance can be based on the franchise you're working at
The connection of ego to performance
How to explain a trend following approach to clients
Capturing the "fat" of the trend
Outliers and black swans
Putting the unexpected moves in your favor
The relation of trend following to behavioral finance
Ensuring that you're in the game for when the big winners come

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. 34: Gil Morales Interview with Michael Covel on Trend Following Radio Jul 14, 2012

Show notes

My guest today is Gil Morales. Morales got started in the early 90s, became a broker with Merrill Lynch in Beverly Hills, and moved on to work as a portfolio manager and ultimately chief market strategist at William O'Neil's firm (of IBD and CANSLIM fame). Morales eventually moved onto his own investment advisory firm with Chris Kacher.

The topic is his book Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market.

In this episode of Trend Following Radio we discuss:

Morales' trend trading style
Morales' unexpected beginning
Morales actually started as a cartoonist, and discusses his early influences
Interesting stories working at the Beverly Hills branch of Merrill Lynch
William O'Neil's strategies, which ultimately provide the stepping stone for Morales' strategies today
How "you can't kiss all the babies", and how you have to keep from getting distracted with too many potential investments
How O'Neil's system is trend following at its core
Fibonacci sequences, the moment of "now"
Getting away from the rationale and the narrative of the trend
Why losers average losers

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. 33: Dave Stendahl Interview with Michael Covel on Trend Following Radio Jul 12, 2012

Show notes

My guest today is Dave Stendahl of Capitalogix, the Managing Partner at Signal Trading Group and the co-author of a number of books. His focus is on trading systems and portfolio construction, specifically within the global futures markets. He tracks and trades 40 individual markets across eight different sectors.

The topic is trading.

In this episode of Trend Following Radio we discuss:

Stendahl's approach is that a system should have as few moving parts as possible; it should be simple enough to be explained on the back of a cocktail napkin
Analogy to cars, and how you can easily fix a simpler car in your garage as opposed to a complex Lexus
Everyone is using a system in one way or another
Stendahl talks about his beginnings, collaborating with his father in the mid 1970's
When he was introduced to technical analysis, and had the lightbulb moment, he realized he could make money based off of something other than fundamentals.
Stendahl's dyslexia
Ray Dalio of Bridgewater, who says that he is 100% systematic, but doesn't use any technical information
Position sizing and money management, and how you can approach this systematically

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. 32: The Moment of Now: Zen and the Art of Trend Trading with Michael Covel on Trend Following Radio Jul 11, 2012

Show notes

Please enjoy my monologue The Moment of Now: Zen and the Art of Trend Trading 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. 31: Tom Basso Interview with Michael Covel on Trend Following Radio Jul 05, 2012

Show notes

My guest today is Tom Basso, a trader who was called "Mr. Serenity" when he was profiled in Jack Schwager's "New Market Wizards". Basso was a stock and commodities trader who was president and founder of Trendstat Capital Management. He is the author of two books, "Panic-Proof Investing" and "The Frustrated Investor". Basso became a registered investment advisor in 1980, a registered commodities advisor in 1984, and was elected to the board of the National Futures Association in 1998. Although he is now retired, there's no half-life for experience in the trend trading world, and Basso has a wealth of knowledge that is relevant to today's trader.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

The psychology behind his trading
How he kept his - and his clients' - emotions in check; and how being an entrepreneur can make you think differently
Basso also discusses his beginnings - buying his first mutual funds at age 12 - and how he moved from a chemical engineering position to his career as a trader and money manager
How trading for clients can be different than trading for yourself, and the importance of concentrating on process vs. outcome.

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!