
Trading Systems Course
Full Contents
- (3) bound manuals.
- (12) months email support.
$1297.00
Trend Following for All:
Trend following trading is for all investors and traders: newbie to
professional. It beats buy and hold (hope), mutual
funds and 'long only' performance like a drum. It's not a comparison.
Want to make money in up and down markets? We teach 100% systematic trading strategies that make
money in all markets both up & down. Our
trading systems are for stocks, futures, FX, ETFs & commodities designed
with one goal: delivering the chance to make the big money for all
traders in all countries. But this isn't clipping coupons. No risk, no return. No balls, no
babies. Bottom line, the market does not care about you or know you. It doesn't care about
your dreams or desires. It is the ultimate authority so you better
listen to it if you want to make money.
Talent is Overrated:
The best traders are not just born with innate
talent -- they are made traders. Michael Covel's proof in that statement can be seen across home study courses,
books (Trend Following and The Complete TurtleTrader) and a documentary film. In our
communications with the best traders
certain truths have solidified that explain their success: 1.) Innate talent is an overrated concept. There is no magical
talent that made the Turtles, for example, successful. 2.) The best traders have
the right trading rules and they stick to them. Period. 3.) Intense practice, persistence over and over
again, is the reason great traders make millions, not I.Q. In fact, E.Q. is
more important in the long run.
Profit in Up and Down Markets:
Trend following
doesn't swear an allegiance to a bull or bear market. It follows trends
to the end. No matter how ridiculous trends might appear early and no
matter how insanely extended they might appear at the end, follow
trends. Why? Because they always go further than anyone expects! Ignore
momentum at your peril.
No More Buy and Hold, Analysts or News:
Trend
following decision-making doesn't involve discretion, guesses, 'gut'
feels or hunches. It's not day trading or buy and hold (hope). It
doesn't involve passive indexing, in and out trading or fundamental
analysis. No more 24-hour news cycles, daily turbulence or sensational
hype. No black boxes or magic formulas either. Hope is the most
addictive drug. Let go of the Holy Grails. The good news? Complete
beginners can learn trend following.
No Prediction:
Trends exist everywhere, always
coming and always going. Whether fashion, business or whatever, we all
want to find trends and ride them as far as they can go. Markets are no
different: they trend up and down too. That said, no one can predict a
market trend, you can only react to them! Trend following never
anticipates the beginning or end of a trend. It only acts when the trend
changes! However, there is no need to figure out 'why' a market is
trending -- just follow it. You don't need to understand electricity to
use it!
The Big Money of Letting Profits Run:
Trend
following aims to compound absolute returns. It doesn't shoot for
'average.' Do you really want to be exactly like your neighbor? The goal
is to make the big returns, not generate passbook savings returns. Trend
following also has the unique ability to lie in wait for 'targets of
opportunity.' That means 'outlier' events (read: unpredictable surprises
like the 2008 market crash) can make you huge money.
No Traditional Diversification:
Trend
following is not restricted to any single market or instrument. A focus
on 'price action' allows trend following to be applied to an
exceptionally large variety of markets. Price is the one thing that all
markets have in common. That means a system for treasury bonds will work
on the Euro too. And if you switch it over to coffee, something totally
different than treasury bonds, it still works. Trend following is
robust! But don't expect the 'tape' to lecture you. You have to trust
your buy and sell signals and follow all rules.
No Government Reliance:
Forget Social
Security, bailouts, stimulus plans and roads to nowhere. Those won't
help you to make money, but they might help you to lose money! When the
Fed takes the 'training wheels' off the economy will you be ready to
mint cash or will you just sit there and take it again? If your
portfolio is grounded in sound principles you can win, but the
government has nothing to do with sound anything!
Takes Advantage of Mass Psychology:
Markets,
which are always changing, are only our subjective expectations
reflected objectively. Interestingly, people's reactions to change
always remain the same (i.e., they bet wrong as a group). Trend
following takes advantage of 'panicky sheep' behavior to make money.
How? Strict discipline minimizes behavioral biases. It solves our
eagerness to realize gains and reluctance to crystallize losses. Let's
face it too many people believe what pleases them and social conformity
means that even if the group is wrong, we go along. Most behaviors are
simply driven by the impulsive moment of now. They aren't purposeful,
thought-out choices. Trend following wins because of that.
Scientific Approach to Trading:
Trend
following doesn't require a belief, but rather it relies on unwavering
principles proven over decades. It has a defined edge just like the MIT
card counting team that beat Vegas casinos (read: mathematical game
theory from the movie 'A Beautiful Mind'). Be the casino and not the
hapless player. How? Trend following uses hard rules rooted in numbers
(think process not outcome). And remember, frequency of correctness does
not matter, the magnitude of correctness matters. 'Winning percentage'
means zilch. How much time will trend following take? No staring at the
screen drinking 'Red Bulls'! Once you are setup, minutes a day is all
you need when you approach trading like an engineer.
Strong Historical Performance in Crisis Periods:
Trend following prepares for the worst at all times. It is adaptable
to differing climates and environments performing best during periods of
rising volatility and uncertainty. Guess what? The unknown will happen
again. Are you ready? You have to be able to ride the bucking bronco
while also riding the storm out. But that said, the day you have to do
something, you are screwed. Trend following, like a lion waiting to
strike wounded prey, is very patient.
Risk Management is Top Priority:
Trend
following always has defined exit protocols to control 'injury' to your
account. Stop losses and proper leverage usage are standard practice.
Trend following also has low to negative correlations with most other
investment opportunities. It eliminates exposure to groupthink and toxic
assets. Eliminating exposure is a winning move whereas hedging can
actually increase your exposure! Trend following is the best protection
for when bubbles pop and everyone starts running for cover.
Frequently Asked Questions:
Our full list of frequently asked questions are right here!
Daily Blog:
Michael Covel's daily blog is read by thousands. Join the conversation now!