Michael W. Covel
Michael W. Covel is a renowned author and speaker, celebrated for his expertise in trend following and financial markets. He has written several influential books, including "Trend Following" and "The Complete TurtleTrader," which have become essential reads for investors and traders. Covel's work focuses on demystifying complex market strategies and offering practical insights, helping individuals navigate the world of investments with a data-driven, disciplined approach.
Book summaries for books written by Michael W. Covel
Quotes
In trading, it's not about how much you make, but how much you don't lose.
Discipline in trading is not only about sticking to your plan but also knowing when to adapt.
Every trader's greatest enemy is fear. Conquer it, and success will follow.
Consistency in trading comes from keeping emotions in check.
The best traders are those who are willing to learn from their mistakes.
Opportunities in the market are endless, but not all are worth taking.
Successful trading is about making small consistent gains over time.
Patience is not a virtue in trading; it is a requirement.
The market is full of noise, but a good trader knows how to listen to the right signals.
Risk management is the cornerstone of any trading strategy.
A trader's job is to wait patiently for the right moment to act.
To succeed in trading, you must be willing to embrace uncertainty.