Trend Following by Michael Covel

About the Book

Trend Following breaks down one of the most consistent and time-tested trading strategies used by professional traders around the world. Michael Covel explains, in plain language, how following market trends rather than predicting them can help everyday investors build wealth in rising, falling, or chaotic markets.

About the Author

Michael Covel is a well known trader, author, and podcast host who has spent decades researching how top traders think and operate. He has interviewed some of the biggest names in finance and built a reputation as a leading voice on trend following strategy. This edition also features insight from Barry Ritholtz, a respected financial analyst and commentator.

Who Is This Book For?

This book is perfect for anyone who wants to understand how professional traders actually make money, whether you are new to investing or already managing your own portfolio. If you are tired of guessing which way the market will move and want a rules based approach instead, this book will give you a clear framework to work from.

Frequently Asked Questions (FAQs)

Is trend following a good strategy for beginners?
Yes. Trend following works with simple, rules based decisions rather than complex predictions, which makes it easier for beginners to learn and apply compared to other trading strategies.

What makes Trend Following by Michael Covel different from other trading books?
This book uses real trader interviews and historical market data instead of theory alone, giving readers proof that the strategy has worked across multiple decades and market crashes.

Can trend following be used in a down market?
Yes. One of the core ideas in the book is that trend following can profit in both rising and falling markets, since traders can go long or short depending on the direction of the trend.