No college degree will guarantee you market success.

Great traders are not born lucky or talented. The right education, information & dedicated practice equal success. We teach trading systems for stocks, futures, FX, ETFs & commodities designed with one goal: delivering the chance to make the big money for all traders in all countries.

Sign up for a free
Trend Following DVD



Trend Following System Course

Crash: Dykstra Discusses Bankruptcy


Permalink

Trend Following Systems Available | All Michael Covel Books

10 Responses to “Crash: Dykstra Discusses Bankruptcy”

  1. Alexander Says:

    Meaning…The bottom line is… Dykstra is broke.

  2. Michael Covel Says:

    I watch that and all I can think: conman.

  3. Ken Says:

    I watch it and think he can’t even afford a bottle of shampoo anymore…and he’s been beaned in the head a few too many times.

  4. Richard Says:

    “I am not the smartest guy ok” the bottom line is that’s right.

  5. Dan K Says:

    I agree with Michael on the conman. I think Dykstra was out of his league and didn’t realize that he was the one being scammed. It’s a pyramid of life.

  6. Jim Says:

    Wow, yet another “victim”. What a piece of work.

    Jane Wells does a good job giving him rope to hang himself

  7. William F. Says:

    This guy is a real piece of work…………

  8. Chuck Says:

    He repeatedly mentions the 111-0 record of stockpicking. The alert interviewer asks how he can be bankrupt with a perfect stockpicking record and he never answers. Could it be that he’s never actually puting any money in his own “system”?

  9. Michael Covel Says:

    I dealt with a fairly interesting conman once. He had followers. He had reputation. And he had the exact same Dykstra “bad luck” — which of course is not bad luck, but just part of the con. I think back to another flim flam artist who I crossed paths with years back. He was an attorney. Hie entire business model was to get close with someone, start a business with them, for the sole reason of finding a weakness to exploit in a legal shakedown. He never had an intent of real business, just finding a ‘whale’ he could take advantage of. These people exist. They are dirtbags. Keeping eyes wide open is true advice.

  10. David Says:

    WOW…. sometimes life really is stranger than fiction. He’s obviously been beaned far more than a couple of times.

Leave a Reply

facebook   twitter   linkedin   youtube   apple podcasts   rss

Trend Following Store

5000+ Clients: all offerings

Trend Following

Covel's Bestseller: purchase

'Broke' on DVD

Covel's Documentary: purchase

TurtleTrader

Covel's 2nd Bestseller: purchase

Seminars and Consulting

In-person instruction: more



Affiliate Sign-up

Revenue sharing: sign-up

Fund Managers

Covel Interviews: sign-up

Sponsorships

Increase awareness: sign-up



-->

"Over the last 15 years, through non-stop trading systems research and interviews with great traders, I have assembled the most unique trend following education available. My access to top traders has enabled me to teach trading rules found nowhere else and I pass those lessons along to students. My unique educational courses, which include proprietary trading systems, are designed to do one thing: give you the chance to make the big money."
Michael W. Covel, TurtleTrader® President, Trend Following & Turtle Trading Expert

Market Wizard Interviews by Michael Covel


  • Jim Rogers on the Fed con.

  • Market Wizard Larry Hite discusses dating odds.

  • Poker pro Howard Lederer on poker & trading the markets.

  • Trader Salem Abraham talks about the unexpected.

  • Michael Covel speaks in Brazil.