Trend Following with Michael Covel

Jordan Kimmel  |

From the author of The Complete Turtle Traders now comes Trend Following, Michael Covel. He will be joining me on my radio show 8/4.

Michael does it again! By interviewing the top traders of this generation, he brings out the essence of trend trading. The thing for you to consider is: how much of the trend to you want to get? Why jump out of a trend?

Thinking about Gold, sometimes the trend goes further than anyone could guess. Here are some of the highlights from the book:

Have a pre-nuptial agreement with the market… cut your losses short! Never mind the cheese, let me out of the trap.

“Losers average losers”- use the tier system to average up into winners, not average down into losers.

HAVING THE COMMITTMENT TO WIN!- One of the biggest themes in the book. Trend following and trading are not designed to create average gains.

His Cheat Sheet: No predictions, just react to trends and let your profits run.

*DISCLOSURE: No relevant positions

This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by T3 LIVE or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Visit the T3Live Homepage, Virtual Trading Floor, and Learn More About Us.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer.

Companies

Symbol Name Price Change % Volume
CGA China Green Agriculture Inc. 2.67 -0.01 -0.43 8,424 Trade

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM

     
BRK.A

     
FB

     
JNJ

     
WFC

     
T

     
NFLX

     
TSLA

     
V

     
UNH

     
PG

     

Blockchain in Healthcare - Discussion at the EU Parliament

From the recent Blockchain For Europe Summit in Brussels: Panel on Digital Health - How Blockchain technology can make health care systems more patient-centric and sustainable