Ep. 816: A Trading Primer with Michael Covel on Trend Following Radio

1

Introduction

00:00 • 3min

2

The Importance of the IRS Headlines

03:09 • 2min

3

The IRS Targeted People and Groups

04:53 • 3min

4

The Cost of Standing Up to the Government

07:41 • 2min

5

The Importance of Emotional Strategy in Tax Protests

09:12 • 2min

6

The Importance of Being Resourceful

11:21 • 1min

7

How Growing Up in Montana Affects You

12:48 • 2min

8

How I Decided to Run for Senate

14:29 • 2min

9

The Importance of Protecting Yourself

16:43 • 2min

10

The Importance of Futures Trading

18:19 • 2min

11

The Emotions of Trading Commodity Futures

20:40 • 2min

12

The Importance of Fundamental Trading

23:02 • 2min

13

How to Be a Successful Trader

24:36 • 2min

14

The Importance of Money Management

26:08 • 2min

15

How to Make Money With a 2% Risk

27:55 • 2min

16

The Emotions of Losing Trades

29:41 • 3min

17

How to Be a Successful Trader

32:24 • 2min

18

The Definition of Fit

34:30 • 2min

19

The Fundamentals of Emotional Trading

36:27 • 2min

20

The Future of the Commodity Market

38:02 • 2min

21

The Importance of Kissing

39:54 • 2min

22

How to Trade a Stock Market

41:24 • 2min

23

The Importance of Being a Fighter

43:15 • 2min

24

The Neutering of Society

45:06 • 3min

25

The Importance of Being Aware of the Nanny State

48:21 • 2min

26

The Changes in America

49:53 • 2min

27

The Advantages of Being Libertarian

51:55 • 2min

28

How to Reach Your Audience in the Virgin Islands

54:11 • 2min

29

How to Be a Successful Trader

56:18 • 2min

30

How to Be a Successful Asset Manager

58:42 • 2min

31

The Key to Longevity

01:00:38 • 2min

32

The Importance of Consistency in Tennis

01:02:31 • 2min

33

The Unique Space of Trend Following

01:04:31 • 3min

34

How to Optimize for Different Markets

01:07:55 • 1min

35

How to Build a Strategy That Works for All Markets

01:09:25 • 2min

36

How to Extricate Profits From Liquid Markets

01:11:21 • 3min

37

The Benefits of Systematic Trading

01:14:09 • 1min

38

The Volatility of the Markets

01:15:38 • 2min

39

The Volatility Cycle in the Markets

01:17:30 • 2min

40

The Importance of Understanding Risk

01:19:27 • 2min

41

The Importance of Risk Adjusted Return

01:21:45 • 2min

42

The Importance of Diversification in Trading

01:23:16 • 2min

43

How to Diversify Your Trading

01:25:04 • 2min

44

The Power of Victor Neater Offers

01:27:19 • 2min

45

The Importance of Objectivism in Entrepreneurship

01:29:10 • 3min

46

The Importance of Lance Philosophy in Trading

01:32:01 • 2min

47

Richard Dennis and the Turtles

01:33:58 • 2min

48

Toby's 300 Futures Contracts

01:35:28 • 2min

49

The Benefits of Liquid Futures Trading

01:37:15 • 2min

50

The Evolution of Trading

01:38:57 • 3min

51

Finding Your Passion and Mastering It Over Time

01:41:41 • 2min

52

The Importance of Philosophy in Trading

01:43:17 • 2min

53

How to Read Faster Than Lightning

01:45:01 • 2min

54

Kirk and Toby on Contact Capital

01:46:44 • 2min

55

How to Be a Trend Following Trader

01:48:22 • 2min

56

The Importance of Computer Programming

01:50:15 • 2min

57

The Importance of Risk in a Black Tie Dinner

01:51:49 • 2min

58

The London CTA's and the London Quants

01:53:44 • 2min

59

The History of the CTA Industry

01:55:21 • 3min

60

The Importance of a Short Ratio

01:58:46 • 4min

61

The Demand for Disdiscretionary Macro Trading

02:02:59 • 3min

62

The Problem With Systematic Trading

02:05:58 • 3min

63

The Importance of Conviction in Finance

02:09:09 • 3min

64

The Importance of Uncertainty

02:11:44 • 2min

65

How to Approach a Problem From the Perspective of the Reason Why It Happened

02:13:55 • 2min

66

Are We Doing Something That Is Socially Useful?

02:15:41 • 3min

67

The Power of Strategy

02:18:31 • 2min

68

The Importance of Understanding Your Client's Utility Function

02:20:55 • 5min

69

The Importance of Marginal Improvements

02:25:44 • 2min

70

The Importance of Accepting Criticisms

02:27:25 • 2min

71

The Systematic Space

02:29:10 • 2min

72

The Benefits of Trend Following

02:30:44 • 2min

73

Leo Malamud: A Pioneer in Financial Futures

02:32:21 • 2min

74

The Love Affair With China

02:34:27 • 5min

75

The Negatives of Futures Markets

02:39:00 • 2min

76

The Benefits of a Financial Futures Market

02:40:33 • 3min

77

The Importance of Cross Border Trading

02:43:18 • 3min

78

The Importance of Milton Friedman

02:45:51 • 2min

79

Milton Friedman and the Future of Currency Futures

02:47:44 • 2min

80

The Futures of Agriculture

02:49:46 • 2min

81

The Evolution of Financial Futures

02:51:30 • 2min

82

The Importance of Market Economics

02:53:07 • 4min

83

The Importance of Futures

02:57:09 • 2min

84

The Importance of Buying a Seat

02:59:31 • 2min

85

The Importance of Fundamentalism in Trading

03:01:19 • 4min

86

The Rise and Fall of Leo Burroughs

03:05:36 • 2min

87

The Importance of Cash Settlement

03:07:19 • 2min

88

The Importance of Speculation

03:09:33 • 2min

89

How to Make Money Up Down and Surprise Markets

03:11:41 • 2min