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Ep. 597: Moritz Czubatinski Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Trade for Profit

I'm not that big of a trader that I can force the market and probably never will be. So I always have a plan before something happens because I don't want to get caught off guard. By the way, I also trade longer term and that's how I got my attention was drawn to technical patterns like classic wages and rectangles or all that stuff. And that's on the basis of that. I basically developed my day trading strategy, which in a very basic form is I watch for a drive and a consolidation and then again, get in on the second drive out of that consolidation. But yeah, I use price structure basically.

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