Trend Following Research

Discussion in 'Technical Analysis' started by Trend Following, Aug 28, 2010.

  1. Trend Following

    Trend Following Sponsor

    If you were to be mentioned in a new book, can you help with background info on the Nobel Prize nomination you assert? Thanks.
     
    #161     Feb 20, 2011
  2. Trend Following

    Trend Following Sponsor

    This appears to be a fixation on 'entry' where in reality money management and portfolio selection are far more important that entry.
     
    #162     Feb 20, 2011
  3. Visaria

    Visaria

    Mr Covel, I took your advice and used google. In less than a minute, I found the Turtle rules. You can say what you like about Curtis Faith, but he provided the rules of the system for free. Why he did so, he explains in the pdf file that follows.:

    https://www.bsp-capital.com/documents/turtlerules.pdf

    People, there's no need to spend $3k, just download the file and make a contribution to a charity if you wish.

    Regards

    Vis

    P.S. After you have read it, ask yourself if this sounds like the writings of a madman, which Mr Covel will have you believe.
     
    #163     Feb 20, 2011
  4. Trend Following

    Trend Following Sponsor

    The rules are in my book about the Turtles (with much more explanation and context). That book lays out exactly why a few Turtles, such as Faith, failed. Not my words, just cold hard reality.
     
    #164     Feb 20, 2011
  5. I appreciate Mikey's sponsorship of this site as I do all sponsors. I know for a fact that there are sponsors on this site that you do not like and have stated your comments about them openly. So making a comment like you just did is hypocritical. This is just how you are though. You constantly criticize individuals for doing the exact same thing you do yourself. I don't like all of the vendors here either but I don't stalk them, ridicule their posts and call them names.

    Yes, I have a website and the only thing sold on the site is a book. I used to teach classes but I haven't done so in well over a year. I simple trade and develop software now. Oh, the software isn't yet publicly available. I have been in recent contact with Baron on setting up a sponsorship of my own in the near future but until then there is nothing I have to sell. I have loved to come onto ET and share my tools and ideas with anyone that asked. I have given away my proprietary indicator to hundreds of individuals here for NinjaTrader, MultiCharts, Tradestation, eSignal and Amibroker. I have even supported those free indicators with my time. For this I get called a "closet vendor". And get called this from someone banned on this site literally a hundred of time. Not a single free indicator I gave out was attached to any stipulations that the person buy something to keep it. Each of those individuals that asked still have it and they still work.

    It is individuals like Mikey, Surf (you know who he is) and a few other individuals that have posted my site address. If it weren't for them no one would know I have a site. Funny you stick up for the exact persons that don't follow the rules of this site (sponsors or not) and condemn those that do.

    Mikey sells stuff one could find for free on the internet if one just searches for it. I know Mikey sells books he writes as well. Books of information of the thoughts and ideas of others. Absolutely nothing original from him though in the way of techniques or even a clear definition of defining the trend of a chart. I give away my indicator that no one can get anywhere else. Whether that indicator is worthwhile or not, that is up to the user to simply validate themselves but it costs them nothing to do so. As the other poster stated, why pay $3k for something they can get for free? I do not fault Mikey for earning a living re-selling information available elsewhere. Many successful people have done the same thing. I do fault him for his attitude toward people that look at different research paths. He has never tested or validated what I do yet openly condemns it because it simply would mean he would have to do physical work to justify his comments.

    Mikey simply made a comment that he didn't know the answer to a question that someone posted so I interjected with an answer. Not an answer I pulled out of my butt but one given to me by a large hedge fund manager in California. That was of the way they used a combination of technical analysis and fundamental analysis together to improve their profit results. For this comment I was called an idiot. Anytime someone puts up a conflicting viewpoint to Mikey, his canned reaction is to berate them, belittle them and begin tirades of name calling. There will always be different viewpoints to any question but they should be all dealt with by civil discourse. Those are two words seemingly not in Mikey's vocabulary.
     
    #165     Feb 20, 2011
  6. Trend Following

    Trend Following Sponsor

    The Nobel Prize nomination? Help on that? If you are to be quoted in print just want to check the sourcing on that.
     
    #166     Feb 20, 2011
  7. I don't agree with, or even follow the ins-and-outs of, all the remarks in your post, but I do appreciate your offering your viewpoint in a reasonable tone of voice, without on- or off-line threats, or appeals to the mods. Thank you for that. Nothing's better than 'disagreeing without being disagreeable.'
     
    #167     Feb 20, 2011
  8. First, a mention in one of your upcoming books isn't something I aspire to but thanks anyway. It is something I don't need or that would help me in the future as to my goals.

    Second, I was approached and asked while in Switzerland to present a paper outlining my research on "constant volume bars" to a group of individuals that told me they represented a local economic think tank in Zürich. I presented the paper at the University in 2005 and seeing that it was in one of the larger classrooms in front of 4 individuals that couldn't speak English and a translator, I had no reason to doubt their authenticity. I had no idea why I was there or why they wanted the information. After presenting the paper I was taken back to my hotel by the the translator who worked for them. He told me as we talked on the way to the hotel that they were looking for new ideas in the realm of economics and that they picked me to present a paper because they felt what I had discovered to reconstruct a chart environment was unique and groundbreaking. He told me that all of the individuals presenting papers to them were going to be nominated but that the probability of ever winning was "1 in 50 million". We both laughed.

    Many people are nominated for Nobel's. Most of the individuals none of us have ever heard of. Is it an honor to win, maybe. IMHO it used to be a bigger honor than it is now. I mean gee, Gore won one. Enough said. Is it of any value to be nominated? In my opinion, no. There are groups all over the world that submit nominations into the Nobel committee that never get a single consideration and no one knows one was even nominated for 40 plus years. I can only imagine that my submission was met with by a quick toss into the trash can. I simply think it was neat to have even a small eccentric group of economic "thinkers" feel that what I had developed was of some value. I knew it was but I am a no body.

    Since that time it is one of the reasons I have given my indicator away for free. I feel that it is better if individuals make the assessment on their own whether the tool is useful for them or not.

    Period!
     
    #168     Feb 20, 2011
  9. Trend Following

    Trend Following Sponsor

    Where did you graduate college from? Trying to firm up details for book.
     
    #169     Feb 20, 2011
  10. You've had the information from my facebook page for over a year.

    I would appreciate to not be included in one of your books. I especially enjoy the associations I create myself over those others make for me.

    In the next 6 to 9 months you will hear a lot about a couple of my products. If you wish to interview me then, after their release, I promise not to "leave you at the alter" like Maria did to you.
     
    #170     Feb 20, 2011