About Us

Some claim that trend following trading is no different than the infomercial Wizetrade™. For those who do not know or those living overseas, Wizetrade™ is an infomercial running non-stop here in the United States. It promises clear "signals" for buys and sells. Wizetrade™ doesn't tell you how the signals are generated (it is a black box), it just tells you to buy on a "green" light and sell on a "red" light. This might sound very simple (and maybe plain stupid), but it is selling like crazy to those who think they have found a nice & easy alternative to buy and hold.

I don't see how trend following, as described in my book, is the same as the infomercial Wizetrade™. However, it makes me wonder that even if a strategy such as trend following is described in detail, can everyone get "it"?

NOTE: Wizetrade™ is a Trademark owned by GlobalTec Solutions, LLP. I have no association with Wizetrade™. We do not offer or supply Wizetrade™ products or services.

NOTE: If you want to learn trend following techniques and systems through advanced home study and or seminars for all traders click here. If you want to learn about trend following trading in general there is one definitive text the bestselling classic "Trend Following: How Great Traders Make Millions in Up or Down Markets" by Michael Covel. If you want to learn about the most famous group of trained trend following traders, the Turtles and their teacher Richard Dennis, "The Complete TurtleTrader" by Michael Covel is the only complete biography (with all of the Turtle rules) available. Key introductions:

• Top Reasons to Be a Trend Follower.
• Can I become a trend follower?
• When the next crash happens will you be ready?
• The dead hand of safe bets.
• Trend Following preface.
• The Complete TurtleTrader preface.
• The Complete TurtleTrader afterword.
• On criticism.
• Meeting Mikhail Gorbachev: my journey.
• Influences.

If you have any questions you can reach us immediately via phone or email

The book "Way of the Turtle" is an incomplete story of Curtis Faith. The book is silent to all Faith controversies. For a comparison of all books that touch on the subject of the "Turtles" please read.

You do not have to be a pro to trade as a Trend Follower. Pure beginners with little experience excel (the backgrounds of those in the Trend Following Hall of Fame prove that). What do you need to profit? Keys are a deep desire to win, discipline to stick with a trading plan and an active mind. What are not requirements? You do not need a degree in statistical methods or a Federal Reserve Governer's proficiency in economics. Staff, office space, and expensive overhead are not needed if you are trading your own account.

Our teaching track record is unparalleled with individual students in the banking, hedge fund and corporate community worldwide. We've trained folks from a wide range of companies including:

1. Accenture
2. Amerada Hess
3. Andbanc Grup Agricol Reig
4. Ansbacher
5. Bank of America
6. Barclays Capital
7. BCV Banque Cantonale Vaudoise
8. BNP Paribas Bank
9. Capital West Securities
10. Charles Schwab
11. CIBC
12. Citigroup
13. Commonwealth Bank Group
14. Credit Suisse First Boston
15. D.A. Davidson & Co.
16. Daiwa Securities America Inc.
17. Deloitte Touche Tohmatsu
18. Deutsche Bank
19. Dexia Banque
20. Dresdner Kleinwort Wasserstein
21. DuPont Dow
22. EFG Bank Group
23. Ernst & Young Australia
24. Fidelity
25. Financial West Investment Group, Inc.
26. First Lenox
27. GE Capital
28. Goldman Sachs
29. The Hartford
30. HSBC Asset Management (Europe) Ltd.
31. IBI Bank AG
32. IBM
33. Intel
34. Interbolsa
35. Jardine Fleming
36. JB Oxford
37. Jefferies & Company, Inc.
38. J.P. Morgan Chase & Co.
39. Lockheed Martin
40. Lucent
41. The Madison Group
42. MasterLink Securities Corporation
43. Mellon Capital
44. Merrill Lynch
45. Microsoft
46. Mizuho Securities Co., Ltd.
47. Morgan Stanley
48. Next Financial
49. NFP Securities
50. Nikko Salomon Smith Barney
51. Pillsbury
52. Prudential Securities
53. Raymond James Financial, Inc.
54. RLP Management Company, Inc.
55. Sara Lee Corporation
56. Smith Barney Citigroup
57. Spear, Leeds and Kellogg LP
58. Standard Bank London Limited
59. Strong Capital Management, Inc.
60. Templeton Asset Management
61. Tong Yang Group
62. Transfield Worley
63. UBS Investment Bank
64. Union Bankshares Corporation
65. United Overseas Bank Limited
66. Washington Mutual, Inc.
67. Westpac Banking Corporation
68. YMG Capital Management Inc. + more.

New Michael Covel blog can be found here.

A podcast about a recent interview I did with a southern trend trader.

A note on Dunn Capital.

Reviews of "The Complete TurtleTrader":

• Brett Steenbarger Review
• Bloomberg Review
• Your Trading Edge Review
• Bill Miller (Legg Mason) Review
• Trader Monthly Article
• MTA Review (Ajay Jani) (PDF)
• SFO Magazine Review (PDF)
• Deraktionaer.de Interview (PDF)
• All Press Coverage

A good read posted at Barry Ritholtz's blog.

The following activities relating to the management and administration of a fund must take place at the Foreign Principal Office of the fund, or at another office outside of the United States:

Q. What do you mean exactly with this excerpt from your site:

When examining example performance numbers realize annualized numbers for managers are all net of management and incentive fees. What does this mean? Those numbers reflect performance after the individual trader has taken their approximate 20-25% cut. Hypothetically, if one Trend Followed alone numbers would be nearly 25% higher since there are no performance fees to pay.

A. Good question. Assume a trader has generated roughly 23% a year for 25 years. The 23% is after fees. The trader takes 25% of all profits he generates. That is his fee clients pay him. The 23% number is after he takes his 25% cut.

Still not clear? Let's say the trader makes 100% on 1 million dollars over 1 year. He actually made 100% as a Trend Follower, but due to regulation is only allowed to report that he made 75% since 25% was his fee. By subtracting his fee it actually distorts how well he actually did.

Take for example a 20% one month return. It's not really indicative of how successful that trader did.

Take his return and divide it by (1 minus the incentive fee).

20% return for June divided by (1 minus 0.25)

0.20/0.75 = 0.2666 return or really 27% for the month of June!

Why do we dig so deep into this mind-numbing issue? When you look at public trend following money managers realize they always win much more than the number reported!

More on fees and performance.

Disclaimer

We can not promise you will earn like returns of the traders, charts or examples (real or hypothetical) mentioned within this site. All past performance is not necessarily an indication of future results. Disclaimers

All data on this site is direct from the CFTC, SEC, Yahoo Finance, Stark Report and individual disclosures by managers mentioned herein. We assume all data to be accurate, but assume no responsibility for errors, omissions or clerical errors made by sources.