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Trend Commandments

Michael Covel (FT Press)

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The Little Book of Trading

Michael Covel (Wiley)

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The Complete TurtleTrader

Michael Covel (Collins)

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Trend Following

Michael Covel (FT Press)

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Broke (Film DVD)

Michael Covel

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Crash: Dykstra Discusses Bankruptcy


Note: No vulgarity or ugly attacks. There are other places for that.

  • Alexander

    Meaning…The bottom line is… Dykstra is broke.

  • Michael Covel

    I watch that and all I can think: conman.

  • http://pages.sbcglobal.net/acom Ken

    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.

  • Richard

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

  • Dan K

    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.

  • Jim

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

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

  • William F.

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

  • Chuck

    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”?

  • Michael Covel

    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.

  • David

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


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Market Wizard Interviews


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  • Trader Salem Abraham about the unexpected.

  • Michael Covel: Reason TV Interview.

  • Michael Covel in Brazil for BM&FBovespa.

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