Michael Covel’s Official Site

Dunn Capital has been around since 1974 trading trends. They have endured ups and downs. Their performance.

A fun overview in the form of a slideshow.

Here (PDF) is the book jacket for the German translation of “The Complete TurtleTrader”.

Alex Spiroglou’s review (PDF) recently appeared in Trader Daily.

I moderated a panel yesterday at an annual MFA conference in Key Biscayne, Florida. It was an interesting experience to see the disadvantages that traders often face in trying to win institutional investors over to their way of thinking. Most interesting thing heard for me? Apparently some United States Senators, with oversight over the CFTC, are unaware of the term managed futures (primarily trend following traders). With over $100 billion dollars invested in managed futures programs that kind of ignorance is startling.

Feel like a nice morning prediction for today?

There are so many psychological reasons why people behave in whatever way when it comes to their money. Sadness is another.

Some feedback from longtime industry veteran Nelson Freeburg of Formula Research:

Michael, I just finished reading your fine book [The Complete TurtleTrader]. You are a researcher of great diligence and depth. I admire your stress on the entrepreneurial imperative, distinguishing Jerry Parker and Salem Abraham from the rest of the pack. And you are a fine writer with a gift for the apt turn of phrase. (My favorite passage: “Maybe it is that down-to-earth perspective gleaned from living in handshake country [love that phrase!] that gives Abraham a clear perspective.” I also liked your observation about self-actualized individuals who don’t fear striking out so much as missing any possible opportunity to bat.) One piece of advice from this grizzled veteran…for your next book you should find a copy editor who can do justice to your literary and investigative skills. You are an authentic talent. With best wishes and many thanks…Nelson Freeburg

A chart to consider from China. I am not saying it will end like this or this, but it could.

The publisher of the German version of “The Complete TurtleTrader” (they titled it “Turtle Trading”) sent along an ad (PDF) they are using to promote it.