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Trend Following with Michael Covel

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
Jordan Kimmel is a Portfolio Manager for Gitterman Wealth Management. Phone: 848-248-4290Email: [email protected] With over 30 years of experience in the financial services industry, both as a retail broker and fund / portfolio manager, Jordan is the creator of the FACTS® Stock Selection Process, which employs a unique holistic and quantitative analysis on the integrity and sustainability of over 2,000 US companies. Jordan’s FACTS® method identifies organizations with: Financial Strength Accounting Conservativeness Corporate Integrity Transparency Sustainability / ESG (Environmental, Social, and Governance) Metrics FACTS® analyzes the largest and most liquid companies, and also incorporates Jordan’s Magnet® Investment Strategy, one of the first strategies of its kind to combine the best tenets of value, growth, and momentum of company fundamentals. Magnet® has been licensed to several leading institutions around the country, and Jordan appears frequently on several major financial TV networks, including CNBC, Fox Business, Bloomberg, and ABC News, among others. He has also been quoted extensively in several publications, including Forbes, The Wall Street Journal, and U.S. News & World Report. He is the author of two books, the most recent being “The Magnet Method of Investing.” (Wiley, 2009).
Jordan Kimmel is a Portfolio Manager for Gitterman Wealth Management. Phone: 848-248-4290Email: [email protected] With over 30 years of experience in the financial services industry, both as a retail broker and fund / portfolio manager, Jordan is the creator of the FACTS® Stock Selection Process, which employs a unique holistic and quantitative analysis on the integrity and sustainability of over 2,000 US companies. Jordan’s FACTS® method identifies organizations with: Financial Strength Accounting Conservativeness Corporate Integrity Transparency Sustainability / ESG (Environmental, Social, and Governance) Metrics FACTS® analyzes the largest and most liquid companies, and also incorporates Jordan’s Magnet® Investment Strategy, one of the first strategies of its kind to combine the best tenets of value, growth, and momentum of company fundamentals. Magnet® has been licensed to several leading institutions around the country, and Jordan appears frequently on several major financial TV networks, including CNBC, Fox Business, Bloomberg, and ABC News, among others. He has also been quoted extensively in several publications, including Forbes, The Wall Street Journal, and U.S. News & World Report. He is the author of two books, the most recent being “The Magnet Method of Investing.” (Wiley, 2009).

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

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As the markets put the debt ceiling debacle in the rearview mirror, more than a few issues remain open.