Join over 10,000 people who receive Michael Covel's newsletter & podcast episodes.

as seen on:

Trading the Moving Target: Volatility

On Ed Seykota’s web site (The Trading Tribe) he was once asked about using index cards with charts. The reader wanted to know how that worked. Ed responded: You can use index cards with charts; use a card to cover up the right side of the graph, and reveal it to yourself one day at a time, …

On Ed Seykota’s web site he was once asked about using index cards with charts. The reader wanted to know how that worked. Ed responded:

You can use index cards with charts; use a card to cover up the right side of the graph, and reveal it to yourself one day at a time, to simulate trading.

Ed’s response inspired us to create a visual example of his wisdom:

Chart Version Number 1.

Chart Version Number 2.

This is a key. As a chart slowly reveals itself think about what the best way to trade it might be. You only get one bar per day. That bar must tell you what to do long before you know what the end of the chart (or trend) will look like.

Install Flash Plug-in for Proper Viewing.

Trend Following Products

Review trend following systems and training:

Michael Covel Trend Following Products

Michael Covel Trend Following Products

More info here.

Trend Following Books
Trading Systems

Pricing for trend following systems, risk management, trading psychology and black swan strategies. Absolute return systems and education for brand new traders and established pros. Thousands of clients across 70+ countries. Client feedback.

Podcast

The Trend Following™ podcast. Listen now on iTunes and Android. Top authors and traders plus alternative commentary. 3M+ listens across 188 countries & territories.

Small Town Guy Makes Millions

His trend following experience on video sent to your home. Get your free video delivered immediately.

TurtleTrader® Site Map

Small town guy makes trend following fortune. His free lesson delivered on video: GET VIDEO NOW.