Why in the Hell is Michael Covel infatuated with Curtis Faith?

[zenostiffler]

Maybe, but the real problem with long term trend following is the multi year drawdowns, not many people can get through those and continue to pull the trigger. At some point they decide that they are better off trading something else.

Yes, agreed. Paradoxically of course the one thing we all rely on for our pensions is "trend" but without the market timing element.

And of course this is "buy and hold". The tendency of stock markets for the last few hundred years to trend upwards over time.

Covel just wanted a quick buck. To sell something which people wanted: impossible dreams. Presumably that is what he is still doing but I have long since ceased to pay the fellow any attention.

 

[Millionaire]

Covel just wanted a quick buck. To sell something which people wanted: impossible dreams. Presumably that is what he is still doing but I have long since ceased to pay the fellow any attention.

I think covel still does podcast trader interviews, occasionally he will interview someone i want to listen to, but i dont tune into to listen to him.

 

[smallfil]

Yes, agreed. Paradoxically of course the one thing we all rely on for our pensions is "trend" but without the market timing element.

And of course this is "buy and hold". The tendency of stock markets for the last few hundred years to trend upwards over time.

Covel just wanted a quick buck. To sell something which people wanted: impossible dreams. Presumably that is what he is still doing but I have long since ceased to pay the fellow any attention.

There are far too many so called gurus or experts who promise that you will make millions in the stockmarket but, cannot show one simple setup to demonstrate that they even have the competence as traders to teach you anything? So, we have to take them at their word, or lip service and just fork over thousands? Sadly, some people fork over their hard earned monies enticed by empty promises. And if they are so good, their own students will tell everyone, their friends and relatives about the guru and they would not have to spend a dime on any ads wouldn't they?

 

[truetype]

Covel has many talents. He's also a filmmaker.

 

[Millionaire]

Covel has many talents.

But trading isnt one of them.