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Bestselling author Michael Covel is the host of Trend Following Radio with 15+ million listens. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trading -- all passionately explored and debated. Guests include Nobel Prize winners: Robert Aumann, Angus Deaton, Daniel Kahneman, Oliver Hart, Harry Markowitz & Vernon Smith. More guests: Jack Canfield, Howard Marks, James Altucher, Dan Ariely, Jean-Philippe Bouchaud, Kathleen Eisenhardt, Marc Faber, Tim Ferriss, Jason Fried, Gerd Gigerenzer, Larry Hite, Sally Hogshead, Ryan Holiday, Jack Horner, Ewan Kirk, Steven Kotler, Michael Mauboussin, Tucker Max, Barry Ritholtz, Jim Rogers, Jack Schwager, Ed Seykota, Philip Tetlock & Walter Williams. 1200+ episodes.

Jun 11, 2014

My guest today is David Ryan. Ryan was famously first featured in Jack Schwager’s “Market Wizards” book. Ryan has been the U.S. Investing Champion for 3 times and also worked for William O’Neil. 

The topic is market wizards strategies.

In this episode of Trend Following Radio we discuss:

  • How Ryan got his start walking up to the front door of O’Neil’s offices
  • How Ryan would describe his approach to trading today
  • CAN SLIM trading, and buying the breakout vs. buying the dip
  • Enjoying trading without clients
  • Some good CAN SLIM winners in the past two to three years from Ryan’s perspective
  • Big picture-wise, the max loss that Ryan is willing to take on a position
  • The type of winning percentages that Ryan really sees
  • The uneasiness about the overall market system since the 2008 financial crisis and how Ryan looks at how the situation has unfolded
  • High frequency trading
  • How the market can be humbling; and getting your ego out of the market

Jump in!

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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

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Hope you enjoy my never-ending podcast conversation!