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

as seen on:

Probability: The Great Trend Following Traders Always Know the Odds

“Long streaks are, and must be, a matter of extraordinary luck imposed on great skill.”
Stephen Jay Gould

Download the Adobe pdf report.

The big point? Consider this from Michael Mauboussin:

The central message is that across domains, long streaks typically indicate skill. And since humans have a hard time relating to all but the easiest probabilities, we often fail to see the significance of streaks.

Michael Mauboussin offers clarity on perception, probability, and skill. Download white paper above.

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.


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.