Industrial-Sized Deals TextBTS15 Shop Women's Handbags Learn more nav_sap_SWP_6M_fly_beacon Deradoorian $5 Off Fire TV Stick Off to College Essentials Shop Popular Services pivdl pivdl pivdl  Amazon Echo Starting at $99 Kindle Voyage Nintendo Digital Games Shop Back to School with Amazon Back to School with Amazon Outdoor Recreation STEM Toys & Games
Trend Following (Updated Edition) and over one million other books are available for Amazon Kindle. Learn more
Qty:1
  • List Price: $36.99
  • Save: $13.32 (36%)
FREE Shipping on orders over $35.
In Stock.
Ships from and sold by Amazon.com.
Gift-wrap available.
Trend Following (Updated ... has been added to your Cart
Condition: Used: Very Good
Comment: OVERNIGHT and 2-DAY SHIPPING AVAILABLE.........Very Good condition with light wear. The item is in Amazon's warehouse and shipped to you by Amazon. You have the assurance that you will get your item in a timely manner. In the unlikely event something should go wrong with the shipping, you can contact Amazon to assist with the customer service, tracking or hassle-free return. We are very proud to be in this program as it allows us to offer the best customer experience possible.
Sell yours for a Gift Card
We'll buy it for $3.86
Learn More
Trade in now
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets Paperback – February 25, 2009

357 customer reviews

See all 3 formats and editions Hide other formats and editions
Amazon Price New from Used from
Kindle
"Please retry"
Paperback
"Please retry"
$23.67
$18.99 $10.06

Best Books of the Year So Far
Best Books of the Year So Far
Looking for something great to read? Browse our editors' picks for 2015's Best Books of the Year So Far in fiction, nonfiction, mysteries, children's books, and much more.
$23.67 FREE Shipping on orders over $35. In Stock. Ships from and sold by Amazon.com. Gift-wrap available.

Frequently Bought Together

Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets + The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires + Trend Commandments: Trading for Exceptional Returns
Price for all three: $53.14

Buy the selected items together

Editorial Reviews

Review

“Michael Covel’s Trend Following: Essential.”

--Ed Seykota, trend follower for 35 years and original Market Wizard

 

"For my staff, Michael Covel's Trend Following is required reading."

Larry Hite CEO, ISAM,

Originally profiled in The Market Wizards by Jack Schwager

 

"My favorite of the new TA [technical analysis] books is 'Trend Following' by Michael Covel. Straightforward, easy to read, this book is rich in details about why trend following is such a successful strategy amongst some of the world's best-performing hedge funds."

Barry Ritholtz, The Big Picture

 

“A mandatory reference for anyone serious about alternative investments.”

--Jon Sundt, president and CEO, Altergris

 

"I think that Michael's Trend Following is an outstanding read from which all

investors can learn to trade markets better by limiting their risks and maximizing

their profits through a more disciplined approach to investments."

Marc Faber

Managing Director, Marc Faber Limited

Editor, Gloom, Boom & Doom Report

 

"I think the book did a superb job of covering the philosophy and thinking behind

trend following (basically why it works). You might call it the Market Wizards of

Trend Following."

Van K. Tharp, Ph.D.

Author of Trade Your Way to Financial Freedom

 

"Michael Covel does an excellent job of educating his readers about the little-known

opportunities available to them through one of the proven best hedge fund

strategies. This book is like gold to any smart investor."

Christian Baha

Superfund

 

"Michael Covel's book is the definitive guide to trend trading. Backed by real world

results from some of the biggest and best money managers in the United States, his

book will put you on the path to successful trend trading."

Larry Connors

TradingMarkets.com

 

"Michael Covel's Trend Following is a breakthrough book that captures the essence

of what really makes markets tick. Diligently researched and comprehensive in

scope, it will replace Market Wizards as the must-read bible for a new generation of

traders."

Jonathan Hoenig

Fox News Contributor

 

"Trend Following: Definitely required reading for the aspiring trader."

David S. Druz

Tactical Investment Management

 

"I think that this book documents a great deal of what has made Trend Following

Managers a successful part of the money management landscape (how they manage

risk and investment psychology). It serves as a strong educational justification on

why investors should consider using Trend Following Managers as a part of an

overall portfolio strategy."

Tom Basso

Originally profiled in The New Market Wizards

From the Back Cover

Today, you need trend following more than ever. Read this bestselling book, and put it to work for you! 

  • Real proof, real data, real results
    Includes over a decade of detailed performance charts
  • All the Information You Need...in One Number
    Why the market price still tells you all you need to know to trade--and always will--in both bull and bear markets
  • Pinpointing Targets of Opportunity
    What to trade, when to trade, and how much to trade
  • Meet Today's Leading Trend Followers
    Extraordinary trader profiles, from David Harding to John W. Henry to Ed Seykota 

See all Editorial Reviews
NO_CONTENT_IN_FEATURE

Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Paperback: 464 pages
  • Publisher: FT Press; 1 edition (February 25, 2009)
  • Language: English
  • ISBN-10: 013702018X
  • ISBN-13: 978-0137020188
  • Product Dimensions: 7 x 1.2 x 9.1 inches
  • Shipping Weight: 1.9 pounds (View shipping rates and policies)
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (357 customer reviews)
  • Amazon Best Sellers Rank: #56,161 in Books (See Top 100 in Books)

Related Media


More About the Author

Michael Covel is President and founder of Trend Following™, a research-consulting firm focused on trend following trading strategies. The firm's client base consists of individual traders, students, hedge funds, pensions and family offices. Michael's unique edge is an extensive personal network within the world of quantitative trend following investments. His unparalleled global teaching track record is over 7000+ clients in 70+ countries.

The bestselling author of The Little Book of Trading, Trend Commandments, The Complete TurtleTrader and the classic Trend Following, Michael's books have sold 150,000+ copies. His books have been translated into 10+ languages with Trend Following named best trading book of the last 15 years. His first documentary film is Broke: The New American Dream.

Michael is also the voice behind Trend Following Radio, the underground alternative hit that has been as high as #2 on iTunes investing channel reaching 182 countries & territories with 1.9 million listens. Guests have included: Daniel Kahneman (Nobel Prize), Vernon Smith (Nobel Prize), Harry Markowitz (Nobel Prize), Ed Seykota, Gerd Gigerenzer, Dan Ariely, Jack Schwager, Michael Mauboussin, Larry Williams, Tom DeMark, Tom Basso, Jerry Parker, Barry Ritholtz and Larry Hite. More: trendfollowing.com/about.

Customer Reviews

Most Helpful Customer Reviews

105 of 114 people found the following review helpful By John Forman on July 29, 2009
Format: Paperback
Trend Following is the sort of book that can either be very rewarding or very frustrating. If you pick it up thinking it's going to provide some secret methods and techniques for trading you are going to end up being one of the folks who ends up panning it because they didn't get what they expected. This is not a technical manual full of strategies. If you understand that going in you'll get a lot more out of it.

This book, to my mind is like a trading version of a text exploring a specific philosophy such as Taoism with something of a comparisson to Buddhism, for example. Trend Following describes the philosophy and highlights some of its promonent proponents. And just like most books on philosophy, it sets you up for further exploration rather than presenting you with a "how to" instruction.

I think if you have the philosophy mindset going in it will go a long way toward helping you find value in the book.
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
47 of 49 people found the following review helpful By Bruce on January 12, 2011
Format: Paperback
Excellent Book! It challenges the conventional television pundit/CNBC wisdom and approach to succesful trading and traders. Covel is effective in cutting through all the barage of fundemental data and boiling it down to simple and reliable truth: Price/Momentum/Trend. You will be encouraged, educated and equipped!
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
58 of 62 people found the following review helpful By adam kress on January 12, 2011
Format: Kindle Edition
I Thought I had seen and read just about everything to do with trading. From histories of great traders, complicated option formulas, economic theory, the meanings of government statistics and more. Hearing about Covel and reading some of his shorter posts I kept wondering how something as simple sounding as trend following could be a whole book. After finally reading it hardly a day goes by that I'm not thankful for letting "Trend Following" showing me how simple it can be.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
320 of 365 people found the following review helpful By Online on December 24, 2009
Format: Paperback
I believe the positive review on this book are questionable. It was a huge waste of my time. The book has information about trend followers, who they are, why the do it, why they prefer following price over fundamentals, etc. I believe all that. It also talk about the fact trend follows have risk management systems, why they are important, but doesn't say what those systems are. Nor does it explain how to be a trend follower, what to look for, how to create a system, what risk management looks like. Its 200+ pages that says a lot of nothing. Sure, there are people that follow trends and make huge money doing it. But it does not say how to be a trend follower, or how the average person can buy commodities, FX, futures etc, the markets trend followers use. I hate books that promote stuff, but then don't actually tell you anything or how to do it. It does suggest that stocks are the hardest asset class to be a trend follower, but then an appendix had an interesting study that supported trend following in stocks. So who knows. But don't promote trend following if you're not going to then at least suggest resources of how the regular investor (the person this book is directed towards) can buy commodities, fx or futures and be a trend follower

If you're looking for strategies about trend following, when to buy or sell, which type of strategies to follow, which strategies successful trend follower use, don't buy this book. It does not disclose anything about trend following systems. I'll summerize...trend following exists, some people make huge money doing it, they view the world this way. That's it.

I firmly believe that this book is highly ranked because the author is a successful and smart marketing individual.
Read more ›
26 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
53 of 57 people found the following review helpful By korova on April 27, 2009
Format: Paperback Vine Customer Review of Free Product ( What's this? )
Michael Covel is out to save you! He wants to free you from worrying about every little news item that shows up in the WSJ or on CNBC. He'll show you how to stop wasting time trying to make forecasts. And, best of all, he knows how to make money in both advancing and declining markets. Sound good to you?

Well, don't get *too* excited. Trend Following is not a how-to-guide. It doesn't contain any trading "secrets" or tricks. It's really a foundational text that thoroughly describes the philosophy and concepts underlying a trading system driven solely by price trends. Covel uses both hard data and anecdotal evidence, with a strong emphasis on behavioral finance concepts throughout, to make his case.

Keep in mind that if you end up being convinced by Covel, you will have to do a fair amount of additional work to implement his strategy. In other words, just reading Trend Following will not make you ready to start making trend-based trades, much as simply reading chemistry and physics textbooks won't make you a chemist or a physicist. You will need to determine which markets to trade, your parameters for opening and closing positions, and how much risk you are willing to assume. As such, this book is not for novice investors or for people who are not able to make a deep commitment to developing their own trading methodology.

Nonetheless, Trend Following is a book every serious investor should read. Even if you don't buy everything Covel says, it is always useful to question your assumptions, preconceptions, and past actions. No trading strategy is perfect. At a minimum, Trend Following will help you recognize the flaws and weaknesses in what you're currently doing.
Read more ›
4 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Most Recent Customer Reviews

Set up an Amazon Giveaway

Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more
Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets
This item: Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets
Price: $23.67
Ships from and sold by Amazon.com

Want to discover more products? Check out these pages to see more: make up trends, peter bernstein against the gods, sir john templeton, make a million book, 300 million, books a million online