Michael Covel's Trend Following

My guest today is Tom DeMark, the founder and CEO of DeMark Analytics and the creator of the DeMark Indicators. The DeMARK studies are known internationally for their objective and mechanically-driven approach to both trading and investing, and are designed to anticipate potential price activity in the financial markets. The topic is Trend Following. In this episode of Trend Following Radio we discuss: How all conceivable market factors are in the price movement Obsession, passion and practice Having the "cover story" of fundamentals, but using technical analysis behind the scenes Elliott wave The fibonacci sequence Forecasting DeMark's thoughts on George Soros, Michael Steinhardt, Paul Jones, Steve Cohen, and others Thoughts on when DeMark first started computerizing his indicators Why you'll fail if you rely solely on charts DeMark's thoughts on the pure price driven, reactive trend following traders Introducing a new variable into a pure trend following approach Jump in! --- 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!

My guest today is Cal Newport, an American non-fiction author and associate professor of computer science at Georgetown University. The topic is passion. In this episode of Trend Following Radio we discuss: Alan Watts Why following your passion isn't such a great idea from Newport's perspective The notion of deliberate practice and the 10000 hour rule, falling back on simplistic strategies that fail Passion following success as the true gauge Misconceptions about passion Thinking of passion as a side-effect of running your career in the right way Overcoming difficulty as a necessary step in the process The work and analysis Newport has done looking at top chess players The systematic aspect of gaining skill and its ties to passion Anxiety and failure Jump in! --- 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!

My guest today is Yaron Brook, an Israeli-American entrepreneur, writer, and activist. He is an Objectivist and the current chairman of the board at the Ayn Rand Institute, where he is the executive director. The topic is liberty. In this episode of Trend Following Radio we discuss: Trading The nature of altruism The idea and definitions of selfishness in the context of objectivism The power of ideas The idea of being a victim Schools, teaching, and political teaching Entitlement leading to victimhood The rise of state power, the ambitious poor, and the minimum wage Free work and internships Alan Greenspan America compared to Singapore Jump in! --- 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 Cambodia, Picasso & Bubbles 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 Fear, Snakes and Markets 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!

My guest today is Porter Erisman, a former Vice-President at Alibaba Group (2000-08), China's internet giant. He witnessed it grow from humble beginnings into the world's largest e-commerce company. The topic is his documentary Crocodile in the Yangtze. In this episode of Trend Following Radio we discuss: What it was like working with Jack Ma Short-term vs. long-term entrepreneurs The lack of knowledge/insight America has for China The perceived threat of China to America Whether nationalism played into Ma's success The commonalities between the greatest internet entrepreneurial success stories Government interference with Alibaba How eBay was defeated by this small startup in China Jump in! --- 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!

My guest today is Tim Price, a partner and director of investment at PFP Wealth Management in the UK, an independent asset management and financial planning practice. The topic is markets and investments. In this episode of Trend Following Radio we discuss: The subordination of freely discovered prices to policy goals Why the recent trading environment seems "wrong and dangerous" Why Price wouldn't be able to speak freely working for a large bank Why Price and his colleagues aren't "doom and gloomers" Why the media neglects to report on black swans Why the role of the Fed is to keep "spiking the punch" The vested financial pushback on having some of these views Risk and "Against The Gods" Why people are hardwired to be loss averse An analogy to the US Forest Service Jump in! --- 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!

My guest today is Vernon Smith, the first Nobel Prize winner to appear on this podcast. Smith is an American economist and professor of business economics and law at Chapman University. He is formerly a professor of economics at the University of Arizona, a professor of economics and law at George Mason University, and a board member of the Mercatus Center. The topic is economics. In this episode of Trend Following Radio we discuss: Bubbles Some of Smith's early experiments How "we're all born traders" Early "ah ha" moments Early science and engineering beginnings Upsetting the conventional economics "apple cart" The difference between "hamburgers and haircuts" and the other 25% of goods Smith's experience bringing Chicago traders into lab experiments How we see the dotcom bubble, spring of 2003, and the real estate bubble today Differences between housing bubbles and stock market bubbles Understanding why bubbles happen Liberty Views on Adam Smith Smith's ideological journey from socialist to his libertarian leanings today Jump in! --- 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!

My guest today is Brad Rotter, a speculator, and venture capitalist. He's not a trend follower per se, but he's made money in the trend following world. He was the first investor with Richard Dennis in the early 1980's. The topic is Bitcoin. In this episode of Trend Following Radio we discuss: How Rotter became an entrepreneur from early years as a farmer in Iowa How he came to be Richard Dennis' first client when he started managing money Why the US is at 'peak civilization' Why technology is arbing away the need for people How the unit of time is changing Why it's harder and harder to make an easy living Whether the US government is the greatest hedge fund in history Why Bitcoin is a 'perfect' currency Jump in! --- 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!

My guest today is Fabian Lim, an internationally acknowledged digital marketing expert and, in a sense, a life coach focused on helping individuals to discover their true selves. He is a serial entrepreneur, best-selling author, and licensed jet pilot. The topic is entrepreneur. In this episode of Trend Following Radio we discuss: Life in Singapore generally, and how Singapore has become "the gleaming city on the hill" Singapore's success despite its lack of natural resources, and how its airport represents the forward thinking found there Lim's first entrepreneurial ventures The varied reasons that cause us to become entrepreneurs, and the difference between online and offline entrepreneurs Experience in the context of entrepreneurship, and how it can be used as an excuse Timeframes and getting out of the "employee" mindset Becoming rich, and why it's a choice Classical conditioning, self-limiting beliefs, and breaking the mold to become an entrepreneur The idea of "failing faster" The connection between Lim's flight training and entrepreneurship Risk and uncertainty Using simulations to practice Success traits and failure philosophy Why choice can be the enemy of a successful entrepreneur Jump in! --- 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!