For Current Essentials Clients. Cohort Closes July 13, 2026.
Mastery Elite 2026
The Practitioner's Casebook. Brand new.
You have Essentials. Upgrade to Mastery and add Mastery Elite 2026.
You already have Essentials. This July you can step up to the full Mastery: Systems, Course & Coaching course, plus Mastery Elite 2026: The Practitioner's Casebook that turns the thinking into your own written trading blueprint. You'll also get twelve months of the Bull, Bear & Black Swan Report — if you're already a subscriber, those twelve months are added on top of your current subscription instead of starting fresh.
Own Full System for $1,397 only12 months of the Report included. One-year guarantee. Lifetime access.
Three Components. One Complete Upgrade.
Step Up From Essentials to Mastery
You have Essentials. Mastery and Mastery Elite 2026 complete it.
Mastery
Systems, Course & Coaching
The full Mastery curriculum, the proprietary research library, and an additional twelve months of one-on-one coaching with Michael Covel on top of the six months included in Essentials. This is the complete system for trading with discipline, taught from the ground up.
You absorb it.
Mastery Elite 2026
The Practitioner's Casebook
A new structured seven-part course. Mastery Elite 2026 builds, page by page, into your own complete trading blueprint. 11 systems surveyed. 25 worked position-sizing examples. A professional-track library of close readings from DUNN, Mulvaney, Winton, and Transtrend.
You execute it.
Bull, Bear & Black Swan Report
The Monthly
Each monthly issue delivers an editorial deep dive, AI market insight, charts and signals, and lessons from 75 years of trend following. You also get book breakdowns, trader interviews, and a mindset boost to reset your thinking. One powerful idea per issue, turned into pressure-tested tactical edge.
You apply it.
Watch & Understand
What Trend Following Actually Is
Two short videos on the thinking behind the system.
Trend Following Explained
An introduction to how trend following works and why it has endured across decades and markets.
Your Exclusive Offer
A walkthrough of the Mastery and Mastery Elite 2026 upgrade. Know what's included, and how to claim it before the cohort closes.
You Have Essentials. You Need Mastery.
Essentials gave you the fundamentals. But the fundamentals alone are not the same as owning the complete system.
Mentor Gap
Essentials gave you six months of coaching, but you have never been taught the framework end to end. The full Mastery curriculum, the proprietary research library, and an additional twelve months of coaching with Michael Covel on top of the six months you already have are what turn a student of the ideas into an operator of the system, with a voice to trust when the rules are being tested.
Blueprint Gap
Essentials introduced you to the concepts, but it is not your written system. You still have no document of your own rules, your own risk framework, your own commitment on paper. Mastery Elite 2026 walks you from survey to a finished written blueprint you operate from, the one document that survives a drawdown because it was written in calm.
You already have Essentials. Mastery teaches you the system end to end, with the proprietary research library and an additional twelve months of one-on-one coaching with Michael Covel on top of the six months you already have. Mastery Elite 2026 turns it into a written blueprint you own. Add both this July, and if you're also a Report subscriber, your subscription continues uninterrupted, extended a full year on top of it.
What You're Adding
Mastery
Systems, Course & Coaching
You absorb it.
- Classic Trend Following Systems I, II, and III: the core rules, worked and explained
- The proprietary Weekly Trend System: Covel's own approach
- Money Management module with a customizable risk-plan template
- ETFs and LEAPs modules: the system applied to your chosen instrument
- Case Studies module: historical application across 50+ years of market data
- Alternate Entries module: how to adapt without abandoning the system
- Four Wizard interviews with Kevin Bruce, David Harding, Larry Hite, and Abraham Salem. Not available anywhere else.
- Trading Coach video with Charles Faulkner on the cognitive architecture of traders who follow their rules
- The proprietary research library, not included in Essentials
- An additional 12 months of one-on-one coaching with Michael Covel, on top of the 6 months included in Essentials. Unlimited emails, 24 to 48 hour response time.
- Lifetime access
What You're Adding
Mastery Elite 2026
The Practitioner's Casebook
You execute it.
- Part 0: Core vocabulary, why trends exist, instrument overview, reading a backtest
- Part 1: 11 systems surveyed across breakout, moving-average, momentum, and pullback families. You choose one and write it down.
- Part 2: Position sizing, portfolio heat, correlation-aware construction, volatility targeting, drawdown de-risking. 25 worked numerical examples.
- Part 3: The six cognitive traps at specific decision points. Pre-commitment devices. Drawdown protocol. Daily and weekly routines.
- Part 4: Futures, leveraged ETFs, LEAPs options, or CFDs, with real sizing arithmetic in your chosen vehicle
- Part 5: Assemble, backtest, robustness check, paper trade
- Part 6: Broker setup, first 90 days, review routine, and a written stopping policy
- A fillable student workbook that builds into your complete trading blueprint
- Professional-track close readings of institutional documents from DUNN, Mulvaney, Winton, and Transtrend
Essentials Client Upgrade
Own Full System
You have Essentials. Add the rest.
| Upgrade to Mastery: Systems, Course & Coaching | Standard Value: $997 | Included |
| Mastery Elite 2026: The Practitioner's Casebook | Standard Value: $2,997 | Included |
| Bull, Bear & Black Swan Report (12 months) | Standard Value: $797 | Included |
| Value Added | $4,791 |
Your Essentials Upgrade
$1,397
A 70% discount for all Essentials clients.
Cohort closes July 13, 2026. The Mastery Elite 2026 is not available after this window.
Own Full System for $1,397 onlyYour upgrade includes twelve months of the Bull, Bear & Black Swan Report. If you are already an active subscriber, those twelve months are added on top of your current expiry date, automatically and at no extra cost, so no overlap is lost and your monthly issues never pause. If you are not yet subscribed, your twelve months begins as soon as you upgrade.
Guarantee
The only way this does not work is if you do not apply it.
Go through the training and apply the rules. If within one year you believe they did not fundamentally improve your approach to markets, email us.
See our full guarantee.
Frequently Asked Questions
Three things. The full Trend Following Mastery course with the proprietary research library and an additional twelve months of one-on-one coaching with Michael on top of the six months you already have from Essentials, Mastery Elite 2026: The Practitioner's Casebook that builds into your own written trading blueprint, and twelve months of the Bull, Bear & Black Swan Report. If you are already a current Report subscriber, those twelve months are added on top of your current expiry date, at no additional cost.
Your upgrade includes twelve months of the Bull, Bear & Black Swan Report either way. If you are already a subscriber, those twelve months are added to your current expiry date, so no overlap is lost and your monthly issues never pause. If you are not yet subscribed, your twelve months begins as soon as you upgrade.
No. Mastery is the mentorship: Covel's selected systems, the Wizard videos, the case studies, the proprietary research library, and an additional twelve months of coaching with Michael on top of the six months you already have from Essentials. Mastery Elite 2026 is a structured written curriculum with worksheets that build into a complete trading blueprint you produce yourself, anchored in close readings of primary-source documents from major trend following firms. The first is what you absorb. The second is what you write down. They are built to work together.
This bundle closes July 13, 2026. Mastery Elite 2026 is not sold separately after this window. Next July we will release Mastery Elite 2027 with a refreshed Mastery Elite 2026 and a new twelve months of the Report. The 2026 edition will not be re-released. Each year's cohort is its own.
Mastery and Mastery Elite 2026 are one-time purchases with lifetime access. The twelve months of the Report included with your upgrade is a fixed term with no auto-renewal. If you're already subscribed, those months are added to your current expiry date instead of starting a new term. The annual cohort structure refers to availability windows for new editions, not recurring billing.
Yes, and both Mastery Elite 2026 and the report are explicit about it. Trend following has real losing years. The best, most disciplined firms have lived through stretches of real loss; this is a matter of public record. What the system offers is a disciplined way to be present for the trends that do come.
Own Mastery. Add Mastery Elite 2026.
You have Essentials. Mastery teaches you the system end to end with the proprietary research library and an additional twelve months of coaching with Michael Covel on top of your six months. Mastery Elite 2026 turns it into a written blueprint you own. Add both this July, plus twelve months of the Report — extended on top of your current subscription if you're already subscribed.
Own Full System for $1,397 onlyCohort closes July 13, 2026
