Michael Covel @Covel Twitter profile

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Michael Covel

@Covel

1 year

A trend following understanding in one simple graphic:

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Michael Covel

@Covel

1 year

The banking system. 🔈

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Michael Covel

@Covel

2 years

Choose an alternative.

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Michael Covel

@Covel

4 years

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Michael Covel

@Covel

2 years

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Michael Covel

@Covel

6 months

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Michael Covel

@Covel

7 months

Great trading is not consistent.

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Michael Covel

@Covel

7 months

Nice reminder.

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Michael Covel

@Covel

5 months

“If you can’t take a small loss, sooner or later you will take the mother of all losses.” —Ed Seykota

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Michael Covel

@Covel

2 years

“If there was a strategy that I would want to employ right now, if someone put a gun to my head, I’d say simple trend-following strategies. They are not too popular today... They will probably do very well in the next five to 10 years.” —Paul Tudor Jones, May 3, 2022

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Michael Covel

@Covel

8 months

Richard Dennis, 1976:

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Michael Covel

@Covel

6 months

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Michael Covel

@Covel

1 year

“Discipline now… Freedom later.” Only way.

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Michael Covel

@Covel

4 months

His story of how he became a trend follower is great.

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Michael Covel

@Covel

5 years

“When you hear “A.I.”, realize that for 99% of cases this is what’s actually going on.” — @brennandunn

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Michael Covel

@Covel

2 years

Out now. Wisdom.

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Michael Covel

@Covel

3 years

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Michael Covel

@Covel

3 years

Markets can go up. They can go down. They can go sideways. And you can’t predict a damn thing. Now what?

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Michael Covel

@Covel

2 months

#trendfollowing

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Michael Covel

@Covel

2 months

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Michael Covel

@Covel

1 month

#trendfollowing

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Michael Covel

@Covel

4 months

Timeless TurtleTrader wisdom.

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Michael Covel

@Covel

2 years

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Michael Covel

@Covel

11 days

The mind is always preying on us.

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Michael Covel

@Covel

2 years

Every red-blooded male is thinking about how to kill them.

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Michael Covel

@Covel

4 months

“Once you decide on your occupation… you must immerse yourself in your work. You have to fall in love with your work. Never complain about your job. You must dedicate your life to mastering your skill. That’s the secret of success… and is the key to being regarded honorably.”

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Michael Covel

@Covel

7 months

Sounds schlocky. Not. He’s an early trend follower. #timeless #noprediction

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Michael Covel

@Covel

2 years

This month!

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Michael Covel

@Covel

3 years

“Trend Following Mindset” with @basso_tom is out. Buy it because it’s great content, but also because the cover is awesome!

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Michael Covel

@Covel

1 year

Blast from the past. 1973.

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Michael Covel

@Covel

4 months

“I see the younger generation hampered by the need to understand and rationalize why something should go up or down. Usually, by the time that becomes self-evident, the move is already over. When I got into the business, there was so little information on fundamentals, and what

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Michael Covel

@Covel

2 months

“If you put in stops and run your profits and trade randomly you make money; and if you put in targets and no stops and you trade randomly you lose money.” —David Harding

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Michael Covel

@Covel

20 days

#trendfollowing wisdom

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Michael Covel

@Covel

2 months

#trendfollowing

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Michael Covel

@Covel

4 months

“How to Win and How to Lose. A Practical Treatise on Speculation.” (1883)

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Michael Covel

@Covel

7 years

Our modern world of argument.

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Michael Covel

@Covel

3 months

Just have a stop.

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Michael Covel

@Covel

4 years

Not since 1999 have I felt crazy enthusiasm and whacky stock market euphoria from... EVERYONE.

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Michael Covel

@Covel

3 years

#trendfollowing

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Michael Covel

@Covel

2 years

#trendfollowing thoughts from @CliffordAsness

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Michael Covel

@Covel

4 months

#trendfollowing mindset

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Michael Covel

@Covel

2 years

Michael Jordan was once asked what his best skill was: “I was coachable. I was a sponge and aggressive to learn.”

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Michael Covel

@Covel

2 months

A #trendfollowing mindset requires a certain contrarian commitment.

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Michael Covel

@Covel

8 years

Bias listing 101.

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Michael Covel

@Covel

9 months

But you want to analyze inputs as to why price is moving? Why not just look at the price? Is it moving? Bet off that. Betting on whether the price is real or not real is irrelevant cause mania or not the price at any given point is 100% real.

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Michael Covel

@Covel

3 years

chúc mừng năm mới!

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Michael Covel

@Covel

7 years

One for @SJosephBurns from my 5th edition #trendfollowing #darvas

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Michael Covel

@Covel

6 months

Walk into a college classroom and throw this trend following track record down and say, “Let’s discuss. Let’s reverse engineer.” Of course, no university does this. Sucks for the students.

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Michael Covel

@Covel

4 months

Lesson of the day via Ricardo > Donchian > Seykota > Dunn > Dennis > The Turtles > Mulvaney.

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Michael Covel

@Covel

4 months

One of the TurtleTraders Howard Seidler: “You can be following your rules exactly and still lose money. In that situation, you certainly haven’t performed poorly as a trader. The basic idea is that if you follow your rules over the long run, the probabilities will be in your

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Michael Covel

@Covel

6 years

They never ban just one...

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Michael Covel

@Covel

3 years

From Ed Seykota’s “Govopoly”:

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Michael Covel

@Covel

3 months

That’s the #trendfollowing mindset and the #trendfollowing technique. #stoploss #Ricardo

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Michael Covel

@Covel

3 months

#trendfollowing

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Michael Covel

@Covel

1 year

The 3 best technical indicators: 1.Price 2.Price 3.Price

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Michael Covel

@Covel

2 months

#trendfollowing

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Michael Covel

@Covel

2 years

The world v. #trendfollowing

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Michael Covel

@Covel

4 years

Up soon. Shout to @basso_tom

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Michael Covel

@Covel

4 months

RIP trader Jim Simons. A lot going on across these pages from the book about him.

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Michael Covel

@Covel

6 months

Some ask: “What is a trend?” One of the best explanations comes from Ed Seykota: “A trend is a general drift or tendency in a set of data. All measurements of trend involve taking a current reading and a historical reading and comparing them. If the current reading is higher

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Michael Covel

@Covel

6 months

“Plain Truths about Stock Speculation” (1887).

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Michael Covel

@Covel

4 years

Elites can try to ban little guys aggregating strategy to take on big funds — forget it. The little guys have seen proof of concept $. Only a matter of time till it’s little guys across the globe aggregating in ways not ban-able. It’s gonna be Whac-A-Mole for established players.

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Michael Covel

@Covel

6 months

“There are no facts about the future, just opinions. Anyone who asserts with conviction what he thinks will happen in the macro future is overstating his foresight, whether out of ignorance, hubris or dishonesty.” —Howard Marks

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Michael Covel

@Covel

2 years

An exercise (if you don’t know already). Go lock yourself in a room and figure out how he did that.

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Michael Covel

@Covel

3 years

A short lesson to understand why markets move.

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Michael Covel

@Covel

10 years

Buy the dip, buy the dip, then one day...that might not work. HT Raphael Wilhelm. http://t.co/RRkgV0pIHJ

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Michael Covel

@Covel

2 months

Who lived it? I did.

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Michael Covel

@Covel

3 months

Indeed.

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Michael Covel

@Covel

4 years

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Michael Covel

@Covel

5 months

The “Little Book” series wanted to call it “The Little Book of Trend Following.” That would’ve taken away from my first book. Much back and forth until I proposed “Trading.” They accepted.

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Michael Covel

@Covel

2 years

So many regular people have been destroyed in 2022. Just a little trend following thinking would have changed their lives, i.e. a stop loss.

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Michael Covel

@Covel

29 days

#trendfollowing

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Michael Covel

@Covel

4 years

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Michael Covel

@Covel

2 years

A generation is learning that HODL is bad strategy.

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Michael Covel

@Covel

4 years

Let’s say you are having a bad year. Corona, riots, alien anal probes — whatever happened to you to bring you down. Here is your solution!

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Michael Covel

@Covel

4 years

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Michael Covel

@Covel

2 years

Sagan. 1996. Society failed his wisdom.

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Michael Covel

@Covel

2 months

#AsymmetricBets

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Michael Covel

@Covel

4 months

Not #trendfollowing

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Michael Covel

@Covel

5 months

Every war in my lifetime has been a lie.

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Michael Covel

@Covel

7 years

#trendfollowing

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Michael Covel

@Covel

6 years

Market Wizards is still the trading book where you start first.

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Michael Covel

@Covel

2 months

#trendfollowing may be philosophically close to perfect, but that doesn’t mean you will have “perfect” performance. Be open to the bucking bronco journey!

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Michael Covel

@Covel

4 years

The most amazing chart in the history of markets? Deserves a vote.

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Michael Covel

@Covel

1 year

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Michael Covel

@Covel

2 years

The turtles keep inspiring. Read the book!

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Michael Covel

@Covel

18 days

One more PTJ #trendfollowing

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Michael Covel

@Covel

30 days

Most at age 22 choose this. Like clockwork. Wash, rinse, repeat.

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Michael Covel

@Covel

4 months

#TakeThyLoss

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Michael Covel

@Covel

1 month

From a William Eckhardt interview years back. Timeless. #trendfollowing

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Michael Covel

@Covel

1 year

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Michael Covel

@Covel

2 years

Reminder to self: Don’t get cocky.

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Michael Covel

@Covel

2 months

No matter how crazy it gets. No matter how much political screaming. No matter how contradictory the fundamentals. No matter how many amazing CVs on X swear they know. Stop lying to yourself. The price is the only ****ing truth.

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Michael Covel

@Covel

4 years