Michael Covel

Standard Trend Following Trading Systems
& Training Course; New Trader Version

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$2397.00 |

Full Flagship includes these benefits:

• Results: Receive an objective strategic plan of action to immediately and dramatically increase your profits. Double, triple or even quadruple your trading profits.
• Process Focus: Focus on the daily trading activities that cause success. Process guarantees results.
• Endorsed by Legends & Regular People: After 15 years Michael Covel has become pretty good at getting results for clients. He has the magic bullet and shares it with students. His passion gets you there faster.
• Simplify: People are overwhelmed. Nobody wants more information. What they want are specific results. More information equals less results. Unnecessary complexity can be fixed. You will learn how clarity of purpose leads to success.
• Trade All: Stocks, Bonds, FX, Commodities, Metals, Energies, Softs, Futures, ETFs & LEAPs®.
• Additional Benefits: READ MORE.

Full Flagship includes these features:

• Multiple trend following trading systems with adjustable risk.
• (18) Months personalized email support for answers to your unique questions.
• (1) Research CD containing 75+ of Michael Covel's hidden instructional gems.
• (6) One of a kind mentoring DVDs from legendary traders: 1, 2, 3, 4, 5, 6.
• (3) Trend trading system guide texts.
• (6) Instructional audio CDs and (1) Broke: The New American Dream (DVD).

Intro: Clarity of Purpose Leads to Success

That is typical investing and the end result is brutal:

46% of seniors in the U.S. have less than $10,000 in financial assets when they die.¹ Worse yet? This infographic.

This cartoon and this Matrix-like view of technology's eradication of the need for human capital are even more brutal (and dead true). Further, how did it reach the point that millions actually believe politicians can fix their economic lives via a vote?

Now that the playing field is crystal clear--what is the work around? What is the solution?

You are here to figure out a better way to make the big money and control downside risk. To get there you need a step-by-step blueprint. That's how we help students, investors and advisors. Our specialty is trend following trading and that first starts with a process, not results. Consider a non-trading example to illustrate:

Instead of talking about wins and championships, Alabama Head Football Coach Nick Saban speaks about the process. The process is Saban's term for concentrating on the steps to success rather than worrying about the end result. Instead of thinking about the scoreboard, think about dominating the man on the opposite side of the line of scrimmage. Instead of thinking about a conference title, think about finishing a ninth rep in the weight room. Since Saban has won three of the past nine BCS titles, the phrase has morphed into the mission statement for Saban's program-building philosophy. Today everyone is trying to replicate his philosophy and results. Call it the Sabanization of college football².

Michael Covel knows the pulse and process of winning market strategies. He has spent 15 years learning from the great trend following traders and is considered the curator of the largest trend following research library. His firm has now taught and helped thousand of students worldwide in 70+ countries to make money in up and down markets: beginners, ordinary people and professionals who trade stocks, bonds, currencies, commodities, metals, grains, futures, ETFs and LEAPs®. However, first consider truths he has learned along the way. If you can't accept these principles stop now:

• Clarity of purpose leads to success. What is essential? Eliminate the rest with precise rules.
• Learn to love systematic and consistent processes. Consider this video.
• Stress is a killer. Multitasking will fry you. Focus on the right task, not every last one. Consider this infographic.
• Idleness can be a great investment. Excessive hard work is counterproductive, i.e. watching a screen all day is pointless.
• The religious rituals of the finance sector designed to make you believe will bleed you out dry.
• Go on an immediate information diet. Information overload ruins your brain. Why? The news media systematically misleads. It is irrelevant, toxic to the body, limits understanding, inhibits thinking and manipulates. Do you disagree?
• Thinking requires concentration. Concentration requires uninterrupted time.
• If you really want to be good at something stop wasting time exhausting yourself. Being busy for the sake of just being busy is a vicious circle to nowhere. You trap yourself on a gerbil treadmill.
• Allow yourself some time to become proficient. Practice is ok. Consider this infographic.
• Bad advice is more popular than ever, but quick fixes for complex problems are a recipe for failure.
• Do nothing until you have a great move with big potential. Patience. Consider this video.

The authorities in charge, however, don't want that kind of thinking or action. They don't want you awake:

The dangers of academic deification are numerous. Those who dominate the educational language of the times control who is accepted and who is rejected, not by measure of intelligence or skill, but by their willingness to conform to the establishment ideal. They construct a kind of automaton class, which has been taught not to learn independently, but to parrot propaganda without question. Those of us who do not make the grade are relegated to the role of obliged worshippers; accepting the claims of the professional class as gospel regardless of how incorrect they happen to be. The whole thing is disgustingly inbred³.

Trend following is not a moneymaking system that the gatekeepers want you to practice. It hurts the brokers, CNBC, Bloomberg and mutual funds. It puts the power in your hands. They don't get their fees anymore.

Flagship Product

Michael Covel

Getting you to the big money opportunity faster than you could on your own is the goal. Forget college our trend following systems and education will not be found on a campus. That is guaranteed. This is an overall trend trader education with exact trend following systems that can be applied immediately to your investment account. That means:

• Exact rules for selecting your tracking portfolio.
• Exact rules for entering your trades at the right time.
• Exact rules for exiting your trades with a loss at the right time.
• Exact rules for exiting your trades with a profit at the right time.
• Exact rules for how much money to bet on each trade based on your unique situation.

Our products have reverse engineered the following for our students:

• How to become a millionaire in digestible steps.
• How to learn to trade for a living.
• How to deal with lumpy and volatile returns as a part of life.
• How to ignore bad information. Tips don't make you money.
• How to set up a schedule and have self-discipline.
• How to trade with the trend and never ignore it.
• How to minimize stress and maximize health.
• How to model the behavior of the great traders and market geniuses.
• How to face the challenges of today's and tomorrow's markets.
• How to manage and embrace risk with a patient opportunistic confidence.
• How to be methodical by using a checklist to quantify your trading plan.
• How to learn to trade off of the current price. Forget the old price, it's gone.
• How to read trends operating across commodities, currencies, interest rates, and stocks.
• How to avoid buying declining markets.
• How to add to winning trades.
• How to not use price targets or time limits. Go for the jugular and play to win.
• How to know when to stay out of the market. When there's nothing to do, do nothing.
• How to know when to sell before you buy. Never second-guess your system.
• How to prepare, study and practice: Prioritizing your trading process is number one.
• How to mentally plan for your worst-case scenario at all times.
• How to not watch the markets during the day.
• How to identify tradable markets on a global basis and rank them for selection.
• How to trade with a small account: This is where everyone starts. It's ok. It's normal.

The question arises from prospective students: "Once I know what you know at Trend Following™ will it be obvious to me or do I have to adopt some new belief or worldview?"

You will see the benefits to trend following trading--guaranteed. And if you have any questions our built-in support allows you to receive answers for your unique situation. You will have precise trend systems you can apply to your account for potential profit--immediately.

Flagship Product Materials & Versions

• Multiple trend following trading systems with adjustable risk.
• (18) Months personalized email support for answers to your unique questions.
• (1) Research CD containing 75+ of Michael Covel's hidden instructional gems.
• (6) One of a kind mentoring DVDs from legendary traders: 1, 2, 3, 4, 5, 6.
• (3) Trend trading system guide texts.
• (6) Instructional audio CDs.
• (1) Broke: The New American Dream (DVD).

Product Purchase

Our Guarantee | Success Stories | Frequently Asked Questions | Special Offers

$2397.00 |

ADDITIONAL NOTES

Michael Covel's background is a culmination of his curiosity, passion and tenacity to go behind the trading curtain. Below you will find insights from his quest that may help to further illuminate our product offerings along with what you can expect from your trend following profit journey.

Reference documents:

• Trend Following PDF presentation (PDF; Videos for slides 7, 11, 29, 35).
• Trend Commandments book excerpt (PDF).
• Magazine article #1 (PDF).
• Magazine article #2 (PDF).
• Trend Following origins (PDF).

Who is our trend following training for:

• New traders.
• Those who have $5000 or $10,000,000.
• Those who want a real opportunity to increase their wealth.
• Those who don't know where to start.
• Hedge fund managers, commodity trading advisors, floor traders and locals.
• Professional or employed traders looking to establish money management businesses.
• Those eager to trade the markets using a non-emotional trend trading system.
• Those who demand more control and peace of mind in the markets.
• Those sitting on the edge of the market dreaming of making it big.
• Those who want to understand trend following before investing with a trend following money manager.
• Those who want more out of 401K, IRA, or other retirement investments.
• Those burned by buy-and-hope strategies.
• Those who want to trade all markets with the same rules.
• Those who want to make money in both up and down markets.

Who is our trend following training not for:

• Those who have no money.
• Those expecting to make millions instantly.
• Day traders.
• Those who play the lottery or slots.

The answer is YES for these questions:

• Will I learn how to trade on the right side of great traders?
• Will I learn how the traders in Covel's books produced those massive returns?
• Will I learn how to spend less than 30 minutes a day managing my investments?
• Will I learn how to put myself in a position to make 20%+ annually?
• Will I learn how to beat mutual fund performance and not pay their fees?
• Will I learn how to trade without any special degree, such as a PhD or masters?
• Will I learn how to produce returns like traders in Covel's books?
• Will I learn how to successfully make money in foreign markets with no fundamental knowledge of those markets?
• Will I learn how to go from watching CNBC to never watching CNBC again?
• Will I learn how to reverse years of bad market lessons?
• Will I learn how to control how much I can lose in 5 minutes?
• Will I learn how to pay for trend following training by firing my broker?
• Does your trend following training provide actual trend following systems?
• Does your trend following training provide exact rules/instruction for selecting a portfolio?
• Does your trend following training provide exact rules/instruction for entering a market?
• Does your trend following training provide exact rules/instruction for exiting a market with a loss?
• Does your trend following training provide exact rules/instruction for exiting a market with a gain?
• Does your trend following training provide exact rules/instruction for betting on each trade?
• Is your training for brand new traders?
• Is your training for market professionals?
• Can I keep my broker?
• Can I fire my broker?
• Can I put myself in a position to profit during the next crash?
• Can I stop watching all financial news?
• Can I stop following economic reports?
• Can I use trend following on an iPhone or Android phone?
• Can I use trend following without a PhD?
• Can I trade as a trend follower with limited funds?
• Can I use trend following in my retirement account?
• Can I read all of your testimonials?
• Can I use trend following on stocks only?
• Can I use trend following in all markets?
• Can I use trend following if I live outside the United States?
• Can I use trend following as a hedge against a falling Dollar?
• Can I use trend following today in 2012 successfully?
• Can I see a map of where your clients live?
• Can I use trend following on a Mac? A PC? An iPad?
• Can I read about all the traders that have influenced you and your trading principles?
• Can I see all of the books that have influenced your teachings and messages?
• Can I use trend following to replace buy and hold?
• Can I use trend following as part of an overall investing strategy?
• Can I see all of your teachers?
• Can I follow you on all social media?
• Can I get personal customer support?
• Can I learn the exact origins of trend following?
• Will I love trend following?

The answer is NO for these questions:

• Can I make money every month? Only scams and strategies that blow-up make money every month.
• Can you guarantee I will make millions?

Timeless laws for making money:

• Big Money Starts with Trends, or Waves: Everyone who makes big money rides and surfs waves. And the really large money comes from the big and unexpected swells.
• Adapt Your Trading to Market Movement: Markets go up, down and sideways. They trend. They flow. They surprise. They change. Know you will adapt from the outset. Don't bother guessing how far a trend will go. You cannot.
• Nurture Beats Nature: What constitutes a winning trader? A special gene or divine gift? Child prodigy innate talent? Inside knowledge? MBAs? Huge starting capital? One answer: No.
• Everything Flows: Trend followers don't predict direction. They react to market movements and follow along--without a story or conviction about why the market is moving.
• Statistical Thinking Is Paramount: During a Monday Night Football game, one of the announcers, Ron Jaworski, unintentionally put numbers and odds in perspective for making money: Play calling is about probability not certainty.
• Market Bubbles & Crashes Are Your Friend: The mythological 100-year flood happens regularly. Since 1929 there have been 18 market crashes--always rooted in irrational exuberance in one direction, then panics to get out in the other.
• Speculation Is Not Evil: Think about what drives a market: millions of investors speculating to make money. That's evil? That's life! Recent college graduates speculate that a high-paying job will come after graduation. That's evil.
• Fundamentals Are Religion: To paraphrase trader Paul Tudor Jones: The illusion has been created that there is an explanation for every market move, every tick up or down, with the primary task to find that explanation. Ozzy also saw the insanity in fundamentals: I'm goin' off the rails on a crazy train!
• The Market Is Never Wrong: People pine nonstop for the market to go their direction, then hang on and pray it'll come back if it doesn't go in their favor. The market is never wrong and doesn't hear prayers. Losers average losers.
• Never Trust Anyone: Whenever there is market movement Wall Street analysts always speculate why it occurred. What they say never consistently translates to the bottom line of profit.
• You Have to Bet to Win: Take a big risk if you want a big reward. If you want an average reward, take an average risk. No balls, no babies. However, as Market Wizard Larry Hite said, Don't bet your deli to win a pickle.
• Trade Everything: Follow enough markets that when one moves you can ride it, as diversification is the only free lunch you get. Forget the market's name. They are the same if you only trade price.
• Process Beats Outcome: Do you want to be right or rich? You really have no control over the results; you have control over your action. What can you really control? How much you lose.
• Think Like Kenny Rogers: If you must play decide upon three things at the start: the rules of the game, the stakes and quitting time. You've got to know when to hold 'em. Know when to fold 'em. Know when to walk away. Know when to run.
• Learn to Love Losses: P.T. Barnum famously said, This way to the egress! If famed trader Amos Hostetter lost 25 percent he'd exit: Never mind the cheese. Let me out of the trap. Ignore losses, or try to double down to recoup, and those losses will bury you.
• Slow Your Emotions Down: Don't compete with the phony speed of society. Be a snake. Coil and strike when the time is right. That simple thought is the foundation of Daniel Kahneman's Nobel Prize in Behavioral Economics.
• The Babe Ruth Parallel: Babe Ruth struck out in bunches, but was one of baseball's greatest sluggers. His home runs nullified the strikeouts. In between trading strikeouts, don't lose too much while waiting for the next homerun, that's the trick.
• Price Is All That Matters: Forget the market. Stocks, bonds, gold or corn--your system needs to work on all of those different markets. Trend trader Ken Tropin said it: You cant have a suit so tight that if you gain two pounds it won't fit.
• Technology Is No Mistress: Pablo Picasso famously said, Computers are useless. They can only give you answers. Start by answering your daily market questions in advance. Automating answers is the easy part.
• Zero Sum Battles Are Life: Someone has to lose for you to win. Forget trying to be loved. Need a friend? Get a dog. If you are going to win, someone else will lose. Does survival of the fittest make you uneasy? Stay out of the zero sum game (PDF).
• Ivory Towers Are Prisons: The Efficient Markets Hypothesis has more in common with Scientology, versus any useful trading enlightenment. The last 15 years are proof positive against efficiency dogma.
• Avoid Benchmarks: If you don't have an umpire, you can wait for the fat pitch. The trouble with investing for other people...is that you do have an umpire--called quarterly performance. Julian Robertson said it.
• Panicky Sheep Take Cliff Dives Together: The group offers safety, confirmation and simplifies decision-making. If something goes wrong, it is far more comforting to be with others than to be alone. The old saying, misery loves company, rings true.
• Hero Worship Kills Accounts: Many see market gurus as religious prophets. When TV zombies say it's time to buy Google or dump Apple, millions follow random advice blindly. Don't drink the Kool-Aid.
• Buy and Hold (Hope) Is Dead: Buy and hold works for investors who live forever. It also works for those who believe in magical thinking and pixie dust. However, mutual funds still make a fortune selling the dream. Like cosmetics: They both sell hope.

Michael Covel personal note:

A top CEO recently spoke before a Harvard MBA class. A student asked, "What do I do?" The CEO replied, "Take the rest of the money you have not spent on tuition and do something else." If you do not understand his wisdom, fine. If you are curious, though, you will figure it out. That is the difference. It is a big time aha! moment--if you are awake.

However, curiosity has been lobotomized from many. Freud once lamented: "What a distressing contrast between the radiant intelligence of a child and the feeble mentality of the average adult." Today, many seem to be waiting for an order or peeking over their shoulder to see what others are doing just to fit in.

Simple childlike curiosity with no agenda except to know--that's it. That is the precious commodity, the secret weapon. Kids have that wide-eyed wonderment when they take apart their first toy to figure out how it works--and so should you. As simplistic as it sounds, maintaining childlike wonder and enthusiasm keeps your mental doors open.

Curiosity is the only reason I wake up to go digging in the secretive world of trend following trading. Taking very little at face value and always questioning the system is my modus operandi. With the way I am talking do you really think teachers liked it when I raised my hand? Bloodhounds find things--sometimes things people want hidden.

One of the more unlikely people to have asked me, "How do you go about unearthing details?" was former U.S.S.R. President Mikhail Gorbachev. He had been told in Russian via a translator that my career involved traders who make big money. When an introduction was made he asked me in Russian, "What is it like to write about these traders?" My response was brief: "Very interesting." He waited for the translation, "It must be difficult to get behind the scenes; how do you do it?" With a smile I replied, "Oh, I am very good at digging." He laughed. No translation needed. He understood my English perfectly.

Many ask me Gorbachev's question. Followed by: "How do I know I can be a great trader?" And followed by: "How do I know you can help me learn?"

My education comes directly from some of the great trend traders of the last five decades. No hyperbole. However, it did not start that way. It started while finishing grad school in London. A book by motivational speaker Anthony Robbins convinced me that getting close to great traders was the solution. That sounded easy, but how to do it? One part of Robbins's book struck me square in the solar plexus.

Unlimited Power featured a story about director Steven Spielberg. His life changed when he took a tour of Universal Studios at the age of seventeen. The tour didn't make it to where all the action was, so Spielberg took his own action. He sneaked off to watch the filming of a real movie. Later, he ended up meeting the head of Universal's editorial department, who expressed an interest in one of his early films. For most people, that is where the story would have ended, but Spielberg wasn't like most. He kept pushing by meeting directors, writers, and editors--learning, observing, and developing more and more sensory acuity about what actually worked in moviemaking (excerpt: Unlimited Power).

That Spielberg story was the motivation needed. I once flew to Berlin, Germany spending thousands of dollars not in my bank account just for the chance to possibly meet and learn from a few traders at a conference--a conference where no one knew my name. My credentials were a nametag and moxie, but that calculated gamble, that intuitive belief that I would find the unexpected, worked out enough to spend quality time with a former chairman of the CME.

Those early efforts continually allowed face-to-face access to legendary traders--enough personal contact to see that they put their pants on like everyone else and that what they were doing could be learned. Attendance at those secluded conferences triggered my confidence and passion.

Unfortunately, we have a culture where that go figure it out attitude is not the norm. Children grow up with soccer leagues and spelling bees where everyone gets a prize. On the playgrounds dodge ball has been deemed too traumatic. Some parents consider musical chairs dangerously exclusionary.

Those kids will never be curious. They will end up addicted to Xanax-Ritalin sprinkled cupcakes so they can cope. Am I being a pessimistic grouch? Far from it--just describing the playing field we all know as the status quo.

What are some ways that I have learned about the right direction?

• Bring joyful, imaginative and impassioned energy every day. Don't fake it.
• You don't need to be big to be good, you need to be smart.
• When there is no one there, insert yourself. Take over.
• Engage the world as if your life depends on it.
• Nothing is more important than transforming someone.
• Have a vision grounded in your uniqueness.
• The race winner is often curious and slightly mad.
• Dry obligation in life will figuratively kill you.
• No one will give you permission. Seize the mantle.
• If you can't solve a problem you are playing by the collective's rules.
• Hard work, sustained concentration, and drive are the so-called secrets.
• Winners understand sunk costs and opportunity costs.
• Plan to win, prepare to win and have every right to expect to win.
• It's in your power to change your belief systems. No one is stuck. Be unstuck.
• Winning is never about your limited resources, but rather always about your unlimited resourcefulness.
• By not questioning the world you always lose.

These are not necessarily intuitive. Society doesn't encourage and celebrate the unproven striver. It is much safer to beat up new thought or heap scorn. Too many are encouraged to take the safe path. This is awful and shortsighted advice. And for those who complain they were born without a silver spoon, who think they need more money to start, who say that they were not blessed to have trend following rules in their early twenties (like the famous TurtleTraders), money cannot compensate for a lack of talent, sloth, flawed vision or a pedestrian frame of mind.

Nothing can keep you from winning if winning is what you want. To think otherwise suggests a lack of imagination and a failure of the optimism needed for attracting good things. No optimism? Stop now. I will not be able to convince everyone to escape the grip of pandering politicians, manipulative media and a mostly decadent Wall Street, but for those looking for an alternative and honest way to view the world, an alternative way to make money, I can help.

Never forget these wise words: "The phrases gifted musician, natural athlete, and innate intelligence are genetic prisons. Abilities are not set in genetic stone. They are soft and sculptable far into adulthood. With humility, hope and extraordinary determination, greatness is something everyone can aspire to."

Our Guarantee | Success Stories | Frequently Asked Questions | Special Offers

$2397.00 |

Michael Covel, Ed Seykota & Larry Hite (in Chicago)

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