Yes, agreed. Paradoxically of course the one thing we all rely on for our pensions is "trend" but without the market timing element. And of course this is "buy and hold". The tendency of stock markets for the last few hundred years to trend upwards over time. Covel just wanted a quick buck. To sell something which people wanted: impossible dreams. Presumably that is what he is still doing but I have long since ceased to pay the fellow any attention.
I think covel still does podcast trader interviews, occasionally he will interview someone i want to listen to, but i dont tune into to listen to him.
There are far too many so called gurus or experts who promise that you will make millions in the stockmarket but, cannot show one simple setup to demonstrate that they even have the competence as traders to teach you anything? So, we have to take them at their word, or lip service and just fork over thousands? Sadly, some people fork over their hard earned monies enticed by empty promises. And if they are so good, their own students will tell everyone, their friends and relatives about the guru and they would not have to spend a dime on any ads wouldn't they?
I had a conversation years ago with Mr. Covel to leave my Brother alone. He suffers from a very challenging mental health illness. And he refused unless I proved it with medical documentation. With Hippa we know that was not happening. That was over 20 years ago. And still he continues. Delusions of grandeur is one of his symptoms thus the craziness you have seen and read! So think rather then calling him crazy. His actions are part of his illnessl when he does not have proper medical attention yes it gets crazy. Perhaps compassion and kindness for those geniuses minds that crack… is called for. he us an incredibly intelligent and unique human. He was one of the most generous people I know when he had his $$$ he shared it more then anyone knew. $ “easy come, easy go” he used to say! From my perspective that was his trade secret. He did not make emotional decisions. He was not consumed by money and material value. As his sister I am actually trying to locate him if you know anything about his current situation please reply - and no he did not die in 2017 no idea where that one came from. That is how I stumbled across this thread.