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Fat Tails: Trend Following Traders Make Their Money in the Tails

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Michael Mauboussin offers clarity on outliers in trading. While Mauboussin concludes standard finance theory has little to say on the subject, we note trend followers regularly hunt and win outliers in the trading game.

Bell Curve and Outliers
Full House The Spread of Excellence From Plato to Darwin

Trend Following Products

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Michael Covel Trend Following Products

Michael Covel Trend Following Products

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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.


The Trend Following™ podcast. Listen now on iTunes and Android. Top authors and traders plus alternative commentary. 5M+ 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.