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Publisher's Summary

Want to take the financial journey to a new investing philosophy that might very well affect the rest of your moneymaking life? No one can guarantee the yellow brick road, but Michael Covel promises the red pill will leave you wide awake. Trend Following reveals the truth about a trading strategy that makes money in up, down, and surprise markets. By applying straightforward and repeatable rules, anyone can learn to make money in the markets - whether bull, bear, or black swan - by following the trend to the end when it bends. In this timely reboot of his best-selling classic, Michael Covel dives head first into trend following strategy to examine the risks, benefits, people, and systems. You'll hear from traders who have made millions, and learn from their successes and mistakes - insights you'll only find here. You'll learn the trend philosophy and how it has performed in booms, bubbles, panics, and crashes. Using incontrovertible data and overwhelming supporting evidence, with a direct connection to the foundations of behavioral finance, Covel takes you inside the core principles of trend following and shows everyone, from brand new trader to professional, how alpha gets pulled from the market. His newest edition has been revised and extended, with seven brand new interviews and research proof from his one-of-a-kind network. This is trend following for today's generation. If you're looking to go beyond passive index funds and trusting the Fed, this cutting-edge classic holds the keys to a weatherproof portfolio.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.
©2017 Michael W. Covel (P)2017 Michael W. Covel
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Customer Reviews

Most Helpful

By Ron Beaton on 11-16-17

fantastic read, must read for all investors! !

you need to get the audio version of the book, large number of extras that more than justify the cost.

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By Kathy Brewster on 08-21-17


A must read for anyone interested in Trend Following!! Covel again knocks it out of the park with his latest edition! The audiobook is awesome too, especially the added interviews at the end! You will not want to stop listening to this masterpiece!!

Bill B.

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Customer Reviews

Most Helpful

By sasha on 09-14-17

Repetitive - 34 hours of "trend following is great

If this book wasn’t for you, who do you think might enjoy it more?

People who need to be reassured that trend following works

Has Trend Following, 5th Edition put you off other books in this genre?

Yes. It's an endless advertisement for how great trend following is without going into any specific trend following strategies. Really boring after 5 minutes.

Which character – as performed by Joel Richards and Michael Covel – was your favourite?

None of them. They all said the same thing and so were all the same character.

If you could play editor, what scene or scenes would you have cut from Trend Following, 5th Edition?

The endless quotations are tedious. The whole thing on speculation was really tedious and unnecessary. Cut everything after the first chapter.

Any additional comments?

This book is a boring rant on how great trend following is. How about some specific strategies and comparing and contrasting relative strengths and weaknesses? That is what I was hoping for but what I got was a long winded outpouring of pseudo research extolling the benefits of trend follwoing as a concept. No kidding -- buying at the start of s trend and selling at the end of a trend can make you money - hardly a revelation, but the author presents it as a radical idea. It is not, nor has it ever been. The book is an interminable statement of the obvious.

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