Trend Following – How to earn BIG LUCK and RICH

The stock market, through many ups and downs, remains faithful to its unpredictable nature, causing countless investors to struggle and sink deeply into losses. We must recognize that: There will be no shortcuts to win the market, but we can accompany and make sustainable profits thanks to the market with the most optimal system of investment/trading methods. – which here, author Michael W. Covel wants to mention is the trend-following investment method.

Book introduction

The book Trend Following received many positive reviews and was compared as a potential journey that leads investors to a unique method of making breakthroughs and sustainable profits for the rest of their lives.

Although the content and the authors themselves cannot promise a golden brick road after you finish reading just this one book, even the most famous critics and investors assure that the book “Hoa Da” helps investors change their thinking, adapt, and act more compatible with the current market.

Trend Following: Guide to getting rich from stocks in Bull, Bear markets and Black Swan events reveals the truth about trading strategies to make steady money against a “Mr. Market” that can rise, fall, or fall. unexpected fluctuations. By applying simple and repeatable rules, anyone can learn to make money in the markets by investing in the trend until the trend reverses.

Knowledge received

• Optimal knowledge, distilled from the successes and mistakes of traders who have earned millions of dollars.
• The depth of trend trading and how it works during events such as booms, bubbles, and economic crises
  The system synthesizes and fully shares the core principles surrounding trend-following investment and trading methods.
• Directions to check and monitor market trend breakthroughs after identifying its development potential.
• Understanding the philosophy of trend-following investing, supporting independent and confident investors to make money sustainably in the market using this method.

Author information

The writer of this book – Michael W. Covel is one of the pioneers of trend-following investment strategies, aiming to research and explore key factors in investing such as considering risk. , benefits, people, and systems.

He co-founded, then expanded to, a popular online resource focused on trend-following investing styles. His podcast, Trend Following, is highly rated and has reached over one hundred eighty-eight countries with over 5 million listeners.

His investment perspective has attracted international acclaim and he has received invitations to work with a range of organizations: China Asset Management, GIC Private Limited, BM&FBovespa, Managed Funds Association, China Investment Management Bank, Market Technicians Association,…

Who Is This Book Suitable For?

TREND FOLLOWING: Guide to getting rich from stocks in Bull, Bear markets and Black Swan events is a trend-oriented investment method to make sustainable profits and stable profit growth for investors/transactions who want to be independent in the market:

• Provide investors/traders with effective data analysis thinking about the market situation, thereby making appropriate investment decisions.
• Share lessons from successful and failed trading experiences from famous experts who are pursuing trend-following investment methods.
• Summary of core principles related to investment and market trends that everyone must know by heart.
• Instructions for analyzing relevant data and statistics that affect market trends or can provide signs of the formation of a trend.
• Build a solid and effective system to minimize risks, following trend-following investment methods.

The Book Is Rated 4.4/5 on Amazon

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Book reviews from readers nickrb24: “This is a great book. I think everyone is always looking for an edge when it comes to investing or trading. I’ve read many books on trading that claim to have the next magic formula and that your guaranteed to make money. They also do a great deal of predicting markets and telling you what they think is going to happen. Once you wrap your head around trend following you realize there is no magic formula and that listening to anyone who thinks they can predict the future is a big waste of time. If you have been around long enough to experience a significant downturn in the market, you start to realize you need a better approach. I know I did. What I really like about Michael is he is up front and straight forward about the thought process that goes into trend following. It really makes you think differently and realize the things you should be paying attention to are not mindless predictions and magic formulas, but things in your control like your own mind set, risk management, position sizing, etc. Once I grasped the concepts and started concentrating on the things in my control, I soon realized it’s really making me a much better investor. I think the value you get from this book is excellent. In addition, you have access to Michael’s podcast which is free and also excellent. Highly recommended.”

Book reviews from other anonymous readers: “The new edition of Trend Following is a must have addition to any investment library. Where most other trading books review specific systems or techniques, Covel starts with the model of why trend following works and how it compares to other approaches. He backs up his views with case studies of successful trend followers with the notable addition of David Harding in this edition.

In this edition Covel also adds interviews with some of the world’s top trend following traders. This is incredibly helpful for someone developing their own systems not because of any hot tips on programming your own system but because it gives you an inside look at how some of the best think, approach problems, and what they seem to consider important and what they don’t. If you read this interviews and don’t walk away with a deeper understanding of what to focus on in your systems you just weren’t paying attention.

The last section of the book includes curated papers from traders around the world. This is incredibly helpful as it gives some examples of how to approach back testing and system design at a very tactical level and nicely rounds out the rest of the book. It also provides evidence that trends are a feature of markets that history suggests will not be arbed away.

There are many books out there that talk through very specific trading rules or systems. Others describe discretionary traders with some magic sauce that can’t be replicated. Trend Following gives you a framework to develop repeatable processes that make money in markets.”

See more reviews about the book on Amazon

Table Of Contents Trend Following Publications

Part 1: Principles Of Trend Trading

Chapter 1: Trend Trading

Chapter 2: Typical Trend Traders

Chapter 3: Evidence of performance

Chapter 4: Major events, incidents and crises

Chapter 5: Thinking outside the box

Chapter 6: Human Behavior

Chapter 7: Making a Decision

Chapter 8: Scientific method

Chapter 9: Holy Grail

Chapter 10: Trading Systems

Chapter 11: Game

Part 2: Interviews With Trend Traders

Chapter 12: Ed Seykota

Chapter 13: Martin Lueck

Chapter 14: Jean-Philippe Bouchaud

Chapter 15: Ewan Kirk

Chapter 16: Alex Greyserman

Chapter 17: Campbell Harvey

Chapter 18: Lasse Heje Pederson

Part 3: Trend Trading Studies

Chapter 19: A multi-year view of trend trading

Chapter 20: Two centuries of trend trading

Chapter 21: Trend Trading

Chapter 22: Evaluating trading strategies

Chapter 23: Black Box Trend Trading – Revealing the Curtain

Chapter 24: Risk Management

Chapter 25: How to capture a futures trading deal…maybe

Chapter 26: Why Macro Tactical Investing Still Makes Sense

Chapter 27: Differences and trends in many places

Chapter 28: The Great Fallacy