Ep. 1372: The Chart Fight to Start 2026 with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 12 January 2026
⏱️ 25 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue The Chart Fight to Start 2026 with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
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I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.
To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/
You can watch a free video here: https://www.trendfollowing.com/video/
Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast
My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel
Hope you enjoy my never-ending podcast conversation!
Transcript
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| 0:00.0 | So I wanted to start off 2026 with a little bit of a fight, an educational fight. |
| 0:06.0 | To have an educational fight, you got to say something to work up the angry folks, |
| 0:10.8 | or the uninformed folks, or the people that are just a little bit nuts. |
| 0:16.5 | Now, I'm going to read some responses to a tweet that I made, a post on X, and some of these |
| 0:24.5 | people are probably fine people. |
| 0:26.5 | Some of them probably have an agenda. |
| 0:29.2 | Some of them probably have no earthly idea what's going on. |
| 0:32.3 | But I find most all of their responses are useful for me to fight back against for you to hear how to do things |
| 0:42.5 | the wrong way. Because if you hear how things are done the wrong way, that can help spark the right way. |
| 0:51.0 | So what did I say? Two-parter, because I clarified. I said, if you are trading as a |
| 0:57.3 | trend follower, using price exclusively for decision-making, what are charts for? Question mark. |
| 1:04.7 | I then added a clarification. If you are trading as a trend follower, using price exclusively for decision making, and are |
| 1:13.2 | not discretionary what are charts for. The point being, first, you're a trend following trader. |
| 1:20.6 | You got to know what that is. I'm amazed in 2026 how many people have no earthly idea what trend following is? |
| 1:31.0 | Or how many people want to use the subject heading of trend following to include some other |
| 1:37.6 | bullshit that they think about the markets? |
| 1:40.2 | Because look, as a trend following trader, you start the year off or you start any day off or any month off, |
| 1:45.8 | and you're looking at a tracking portfolio of markets and you're saying to yourself, what's going to happen? |
| 1:50.6 | Well, you don't know. |
| 1:51.6 | So how do you make your decisions? |
| 1:53.5 | You wait for a price move. |
| 1:55.9 | That could be any price move. |
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