Podcasts about trend commandments

Recorded: 12 Dec 2023 In this episode of the Algorithmic Advantage podcast, we chat with our friend, legend ‘original turtle trader', Jerry Parker. The discussion traverses Jerry's remarkable journey, beginning with his foundational experiences in the renowned Turtle Program, where he gained invaluable knowledge in trend following and risk management under the guidance of expert mentors. Jerry shares his transition from learner to leader as he recounts the challenges and triumphs of starting his own fund, Chesapeake, highlighting the importance of adapting trading strategies, managing investor expectations, and the crucial interplay of trading skills with essential business acumen. The conversation then shifts to explore the evolution of Jerry's trading methodologies. He talks about his team's relentless pursuit of refining their trend-following strategies, incorporating a wider array of markets, and experimenting with innovative approaches like trend-following spreads. Jerry's commitment to the core principles of trend following, balanced with a willingness to embrace new market opportunities, is a recurring theme. He also candidly addresses the psychological aspects of trading, emphasizing the mental resilience required to navigate market pressures and maintain unwavering faith in one's system. Throughout the episode, Jerry's insights offer a deep dive into the complexities and nuances of professional trading, making it a must-listen for anyone interested in the art and science of market trends.

Please enjoy my monologue Trend Commandments with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive. --- 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!

Please enjoy my monologue Trend Commandments with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive. --- 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!

It's hard to get too far into the words Trend Following without running into the name Michael Covel. If you've ever looked into the strategy type, his name is there. From speeches to his many books, the aptly named Trend Following Radio and his trend following twitter thread, Michael has been digging into the philosophy and people in and around trend following for nearly 24 years. And as our guest on today's pod, we cover a large span of topics including: living in Vietnam, first COVID flight, market wizard to turtle traders, the Jerry Parker inspiration, great stories from legends like David Harding, Tom Basso, Ed Seykota, Mike Shannon; history of turtle trading, Michael's array of trend books, Trend Following Radio, all-start guests, the different (unfair) standard for managed futures and trend following, trend following battles, what's what of trend following, long vs short term trend following, the Chinese and Vietnamese markets, and becoming an investment personality. Chapters: 00:00-2:39 = Intro 02:40-10:56 = A life Abroad 10:57-26:19 = Move to Trend Following & Successful Author 26:20-46:39 = Legendary Stories 46:40-01:02:01 = Drawdowns & Figuring out the Philosophy 01:02:02-01:08:33 = What's the Asia Investor Mentality? 01:08:34-01:12:49 = How New Managers can Navigate the Social Media World 01:12:50-01:26:20 = Favorites From the episode: The Whipsaw Song – Ed Seykota Get updates on Michael and his work by listening to Trend Following Radio, following him on Twitter and checking out his website. Order his books: Trend Following, The Complete Turtle Trader, Trend Commandments, and The Little Book of Trading. And last but not least, don't forget to subscribe to The Derivative, and follow us on Twitter, or LinkedIn, and Facebook, and sign-up for our blog digest. Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit www.rcmalternatives.com/disclaimer

On today’s show, we give our thoughts on ‘Evidence-Based Investing’, David Harding’s latest comments on Trend Following, how much is too much ‘Open Risk’, as well as answering: what are some of the ‘Trend Commandments’?  Also, we discuss whether it’s safe or not to buy after a big upside price break or sell after a big gap down, whether Volatility should be ‘targeted’ in your portfolio, and if a system can be designed handle 'parabolic moves' better. You can download your free guide to Systematic Investing, and subscribe to our mailing list by visiting TopTradersUnplugged.com Get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to info@toptradersunplugged.com Follow Niels, Jerry & Moritz on Twitter: @TopTradersLive, @RJparkerjr09 & @MoritzSeibert And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Episode Summary 0:00 - Intro 2:00 - Weekly review 6:30 - Top tweets 34:40 - Question 1: Michael; Have any of you backtested 2009 trades onward with one size fits all position sizing? 47:15 - Question 2: Dave; What represents too much open risk as a percentage of AUM? 56:55 - Question 3: Brian; How does a Trend Following system trade a parabolic market? 1:06:15 - Question 4: George; What are the commandments of Trend Following you reference in earlier episodes? 1:10:00 - Question 5: George; Could Moritz discuss why he dislikes a simple Trend Following system on just the S&P 500 when Meb Faber’s research shows it is effective. 1:12:40 - Question 6: George; Is Jerry’s infrequent overall risk reduction built into his system? 1:15:10 - Question 7: George; Most Trend Followers use stops, why doesn’t DUNN? 1:19:10 - Performance recap Subscribe on:

Please enjoy my monologue Trend Commandments with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive. --- 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!

Trend Commandments with Michael Covel on Trend Following Radio.

Michael has audio books for Trend Following (fourth and fifth editions), The Complete TurtleTrader and Trend Commandments. He starts the podcast today playing the afterword to the 5th edition of Trend Following written by Larry Hite. He follows this reading with Stig Ostgaard’s white paper titled “The Origins of Trend Following” first published in Trend Commandments. Michael finishes up the podcast playing a full chapter on psychology from his newest edition of Trend Following. In this episode of Trend Following Radio: Psychology of trading Irrationality of people Behavioral economics The meaning of money NLP Evolution of trend following How Larry Hite began trading Risk management

Michael provides a FREE chapter from his audio book versions of The Complete TurtleTrader and Trend Commandments. Mentions & Resources: The Complete TurtleTrader Trend Commandments

Michael Covel, author of Trend Following, The Complete TurtleTrader, The Little Book of Trading, and Trend Commandments, introduces his podcast--Trend Following with Michael Covel. This is the first episode, the starting introduction, of the podcast. Want to get started in your trend following understanding? Receive a free trend following course to your home or office: www.trendfollowing.com/ecourse.

Michael Covel opens up by discussing a 2011 David Harding appearance on CNBC in his book Trend Commandments. The other day, now in 2014, Harding appeared on CNBC again with Joe Kernen. Covel goes over the clip, discussing CNBC’s policy of prediction and picks, their ignorance of Harding’s style and outlook, and the talking heads in general. Covel then went onto Twitter and posted, eliciting a response from Joe Kernen. Covel analyzes their Twitter exchanges, noting there are plenty of questions beyond what Kernen asked. Why does Harding enter? Why does he exit? How much does he bet each trade? Behavioral finance? Black swans? Trading only price action? It’s always fun to put a lance into the boil of the system and watch it pop, as Covel shows here. Covel surmises that either Kernen was not prepared, or there’s an agenda--it’s an acting job. Want a free trend following video? Go to trendfollowing.com/win. SPECIAL NOTE: I welcome all of my listeners to join this debate on Twitter. My Twitter is @Covel and Joe Kernen is @JoeSquawk. Check out our conversation and please add smart feedback. However, please keep the conversation above board.

Michael Covel, author of Trend Following, The Complete TurtleTrader, The Little Book of Trading, and Trend Commandments, introduces his podcast--Trend Following with Michael Covel. This is the first episode, the starting introduction, of the podcast. Want to get started in your trend following understanding? Receive a free trend following course to your home or office: www.trendfollowing.com/ecourse.

Michael Covel lays out 25 selected Trend Commandments. While these principles aren't all-inclusive, they're guidelines to help get you to understand the trend following mindset. Covel also brings up a recent review of "The Little Book of Trading" in the Financial Times and offers a response. This critic has a hard time wrapping her arms around the benefits of trend following; however, if you don't "get" trend following, you can't be beaten over the head with it. Covel disputes the criticism that, if you teach something, the sheer act of being compensated to provide information to people disqualifies you from having a valid opinion. If Nobel prize winner Daniel Kahneman gets paid to teach at Princeton, does that invalidate his work? The company Covel keeps with other traders might give a clue that he's speaking the truth. Covel also plays a clip from Nigel Farage on the genius of mutual indebtedness, the bailout of Spain, and the failure of the Euro. In a clearly volatile market, what are you going to do to prepare? How do you prepare for uncertainty when you can't trust just about anything? Trend following is the only trading strategy that has rational basis to it; it allows you to participate in the profits and protect yourself on the downside. Isn't that the goal? Special Offer: receive free DVD delivered to your home or office: www.trendfollowing.com/win.

Michael Covel explores some of the classic trading principles featured in his book Trend Commandments, and offers his own brand of "perspective". Special Offer: receive free DVD delivered to your home or office: www.trendfollowing.com/win.

Michael Covel, author of Trend Following, The Complete TurtleTrader, The Little Book of Trading, and Trend Commandments, introduces his podcast--The Trend Following Manifesto with Michael Covel. This is the first episode, the starting introduction, of the podcast. Want to get started in your trend following understanding? Receive a free trend following DVD delivered to your home or office: www.trendfollowing.com/free.