Ep. 246: David Ryan Interview with Michael Covel on Trend Following Radio

Published: June 11, 2014, 7:24 p.m.

My guest today is David Ryan. Ryan was famously first featured in Jack Schwager\u2019s \u201cMarket Wizards\u201d book.\xa0Ryan has been the U.S. Investing Champion for 3 times and also worked for William O\u2019Neil.\xa0

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\u2019Neil\u2019s 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\u2019s 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\u2019m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I\u2019m 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\u2019d like to give you a great piece of advice you can use in your life and trading journey\u2026 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\u2019t 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!