This book, Trend Following, by Michael Covel, is a trading strategy that capitalizes on sustained market price movements. It profiles successful trend-following traders, highlighting their methods, philosophies, and experiences, including their substantial gains and significant drawdowns. The text emphasizes the importance of disciplined risk management, objective decision-making, and a deep understanding of market psychology. The author contrasts trend following with other investment approaches like fundamental analysis and buy-and-hold, arguing for its superiority in capturing large market movements. Finally, the book explores the statistical underpinnings of trend following and addresses common misconceptions about this trading style.
No persons identified in this episode.
This episode hasn't been transcribed yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster
Other recent transcribed episodes
Transcribed and ready to explore now
SpaceX Said to Pursue 2026 IPO
10 Dec 2025
Bloomberg Tech
Don’t Call It a Comeback
10 Dec 2025
Motley Fool Money
Japan Claims AGI, Pentagon Adopts Gemini, and MIT Designs New Medicines
10 Dec 2025
The Daily AI Show
Eric Larsen on the emergence and potential of AI in healthcare
10 Dec 2025
McKinsey on Healthcare
What it will take for AI to scale (energy, compute, talent)
10 Dec 2025
Azeem Azhar's Exponential View
Reducing Burnout and Boosting Revenue in ASCs
10 Dec 2025
Becker’s Healthcare -- Spine and Orthopedic Podcast