The Little Book of Trading: Trend Following Strategy for Big Winnings

Written by Michael Covel

Narrated by Sean Pratt

Revealing the tricks which lead to success that today's market wizards keep up their sleeves, The Little Book of Trading is the resource you need to get all markets working for you again.

Recent events have left the average individual investor extremely dubious about playing the markets. But just because some unprepared individuals have paid for their mistakes is no reason to stay away from taking advantage of trending opportunities that, with a little careful planning, can yield exceptional results. Market fluctuation is nothing new, but there is a set of rules and philosophies that you can rely on to get the market back on your side, regardless of whether times are good or bad.

Drawing on author Michael Covel's own extensive experience in the trading world, as well as tips and insights gathered from some of the world's most successful traders, the book identifies the tools, concepts, psychologies, and philosophies that will keep your money growing—and safe—even when the next bubble bursts or the next crisis hits. With each chapter featuring easy-to-understand advice from a top trader or trading firm that has won by beating mutual fund performance, this Little Book prepares the cautious, would-be investor to make money like an old hand and presents a revolutionary new argument—that mutual funds, long the investment vehicle of choice for people looking for security in retirement, are no longer to be relied on.

With everything you need to grab all markets by the horns, this book provides a comprehensive overview of active investing strategies and risk-management techniques that you can easily use to your best advantage.

• Language: English
• Publisher: Ascent Audio
• Release date: Aug 16, 2011
• ISBN: 9781596599550

Michael Covel

Michael Covel teaches beginners to seasoned pros how to generate profits with straightforward and repeatable rules. Best known for popularizing the counterintuitive and controversial trading strategy trend following, he is the author of five books including the international bestseller, Trend Following, and his investigative narrative, TurtleTrader. Michael’s top-ranked podcast launched in 2012 has over ten million listens and 1,000+ episodes including interviews with Nobel Prize winners Daniel Kahneman and Harry Markowitz. Michael’s consulting clients include hedge funds, sovereign wealth funds, institutional investors and individual traders in more than 70 countries. He splits his time across America and Asia.

Reviews for The Little Book of Trading

[seanylala · Rating: 2 out of 5 stars]

Too much fluff , time is precious, a lot of words to make few points, pardon but I couldn’t get past chapter two

[jpsnow · Rating: 3 out of 5 stars]

This book is distinct from his others because it's oriented around several lasting, experienced traders. Instead of sharing dozens of strategies, Covel looks more deeply at how each of them got started and how they have prevailed over time. Key points include that trading strategies should work in a variety of product markets, that risk management is key, and that successful traders tend to buck normal psychology, such as by riding their gains.