Price: $57.72
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Embark on a financial journey that could redefine your investing philosophy and shape your wealth-building future. While no one can promise a foolproof path, Michael Covel assures that embracing the trend following strategy will keep you acutely aware and ready to act. His book, Trend Following, uncovers the truth about a trading strategy that works in all market conditions – up, down, or volatile. By implementing simple and consistent rules, anyone can harness profits from the market’s movements, whether in bull, bear, or black swan scenarios, simply by riding the trend until it shifts.
In this up-to-date rework of his best-selling classic, Covel takes a deep dive into the principles and practicalities of trend following. He scrutinizes its risks and rewards, the key players, and the underlying systems. You’ll gain insights from successful traders who have made millions by following trends, learning from their triumphs and setbacks – exclusive wisdom found only in this book. You’ll understand the trend philosophy and how it has navigated booms, bubbles, panics, and crashes.
Supported by undeniable data and persuasive evidence, and linking directly to the principles of behavioral finance, Covel brings you into the heart of trend following. He illustrates how everyone, from novice traders to seasoned professionals, can extract alpha from the market. The latest edition of Trend Following is expanded and updated, featuring seven brand new interviews and unique research from Covel’s exclusive network. This is trend following tailored to today’s generation.
If you’re ready to move beyond passive index funds and reliance on the Fed, this cutting-edge classic holds the key to a resilient portfolio. Delve into the workings of successful trend followers, understand their strategies and investment philosophy, examine data demonstrating the robust performance of trend following in turbulent times, and compare trend trading systems to decide whether to DIY or invest with a trend fund.
Trend Following is not about prediction, passive index investing, ‘buy and hope’, or any form of fundamental analysis.