Overview

Michael W. Covel is the founder and President of Marylebone Holdings, Ltd. (d.b.a. ‘TurtleTrader’) an internet consultancy and publishing company founded in 1998. Covel’s firm has been working with clients since 1996 across 72 countries and territories. He is an expert in the field of trend following trading.

Wikipedia Entry | Press Coverage

Background

In 1996 Covel co-launched a website titled TurtleTrader.com®. It has attracted millions of visitors and thousands of clients all looking for insights into trend following trading. The journey to uncover the secretive world of the most successful money makers around, cracking their ‘code’ so to speak, honed Covel’s investigative skills and built TurtleTrader.com®.

Following on the success of TurtleTrader®, Covel’s first book Trend Following: How Great Traders Make Millions in Up or Down Markets (FT Press, Apr. 04, Nov. 05, Feb. 07 and Feb. 09) hit the streets. It profiled great trend following traders and explained trend following in book form for the first time. It quickly became a bestseller and has sold over 100,000 copies. It is available in German, Japanese, Chinese (Complex and Simplified), Korean, French, Arabic, Turkish, Portuguese and Russian. The book struck a chord with individual and professional investors alike.

Covel’s second book The Complete TurtleTrader: The Legend, the Lessons, the Results (Collins, Oct. 07 and Feb. 09) is different. It is the definitive behind the scenes look at a real life trading legend. It is a narrative account of super-trader Richard Dennis and his student traders nicknamed the ‘Turtles’. You think trading success only happens for people born with a silver spoon? This book will prove you wrong. It is the true story of nurture trumping nature and has become an inspirational lynch-pin for tens of thousands.

Following his two books Covel directed his debut documentary film Broke. It premiered on ‘The Documentary Channel’ in October 2009. It explores human behavior (read: behavioral finance) during the 2007-2009 market crash. It is Michael’s 75,000 mile odyssey through a Tokyo fish market, a Virginia sheep farm, a lottery store and Las Vegas and Macau poker tables all to learn how and why we make so many wrong financial decisions. Covel and his team shot the film in 13 major cities and packed it with big time names in the trading world (Larry Hite, Jim Rogers, David Harding, Mark Mobius, and Bill Miller to name a few). Covel also conducted face-to-face interviews with legendary Nobel Prize winners Dr. Harry Markowitz and Dr. Vernon Smith. Covel’s film is a non-partisan, timeless and common sense message that everyone can embrace.

“If you’re good at something, never do it for free.”

Fast Facts:

• Michael Covel Influences.
• Covel speeches in Tokyo, Vienna, Paris, Macau, Hong Kong, Miami, Dallas and São Paulo. Favorite location? Hofburg Imperial Palace in Vienna, Austria!
• Appearances on Fox Business, The Dennis Miller Show and The Business News Network.
• Quoted by The Wall Street Journal, Barrons, Globe and Mail, Bloomberg & The New York Post.
• Work reviewed by Bloomberg, The Huffington Post, AOL Money, Forbes and Big Hollywood.
• Writings have appeared in Ludwig von Mises Institute, The Daily Reckoning, Technical Analysis Magazine, SFO Magazine, Futures Magazine, Yahoo Finance, Market Technicians Association Newsletter, Your Trading Edge and Futures Japan Magazine.
• George Mason University; B.A. in Politics and Government.
• The Florida State University; M.B.A.
• Studied graduate level international relations in London.

High Resolution Pictures

The following (7) pictures are high resolution: 1, 2, 3, 4, 5, 6, 7.

Below are screen shots (non-high resolution) from a presentation for BM&FBOVESPA in Brazil. BM&FBOVESPA is one of the largest exchanges in the world in terms of market value, the second largest in the Americas, and the leading exchange in Latin America:

Timeline

OCT 1996: Michael Covel launches TurtleTrader.com®.

MAR 1997: TurtleTrader.com® launches 1st home study course.

JAN 1998: Futures Magazine publishes 1st review of TurtleTrader.com®.

MAY 2003: Covel signs to write the book “Trend Following” with Pearson.

APR 2004: “Trend Following” is published.

NOV 2005: An expanded edition of “Trend Following” is published.

JUN 2006: Covel signs to write a book about “The Turtles” with HarperCollins.

OCT 2006: Film documentary begins pre-production.

OCT 2007: “The Complete TurtleTrader” is published.

JAN 2008: Film post-production begins.

FEB 2009: New edition of “The Complete TurtleTrader” is published.

MAR 2009: Updated edition of “Trend Following” is published.

OCT 2009: Film “Broke” premieres on The Documentary Channel.

JAN 2010: Most detailed trading course yet is made available.