For New Clients. Cohort Closes July 13, 2026.
Mastery Elite 2026
The Practitioner's Casebook. Brand new.
Own the full Trend Following system.
This July you can get the complete system in one step: the Mastery: Systems, Course & Coaching, Mastery Elite 2026: The Practitioner's Casebook that turns the thinking into your own written trading blueprint, and twelve months of the Bull, Bear & Black Swan Report to keep you current from day one.
Get Full System for $2,997 only12 months of the Report included. One-year guarantee. Lifetime access.
Three Components. One Decision.
Everything You Need to Start
No half-measures. The mentor, the blueprint, and the monthly discipline, together.
Mastery
Mastery, Course & Coaching
The full Mastery curriculum, twelve months of direct coaching with Michael Covel, Trend Following system, four Wizard interviews with legendary traders, the Trading Coach video, the proprietary library, and lifetime access. This is the foundation everything else builds on.
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 full Mastery Elite 2026 system. See what's included, and how to enroll before the cohort closes.
Good Intentions Aren't a System. Here's What Closes the Gap.
Most traders piece things together from free articles and guesswork. That's not a foundation, it's noise with extra steps.
Training Gap
Nobody has walked you through trend following end to end. The full Mastery curriculum and twelve months of coaching are what turn an interested reader into an operator of the system, with a voice to trust when the rules are being tested.
Blueprint Gap
Without a written system, every decision gets made in the moment, under pressure. 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.
Start with all three. The mentor teaches you the system end to end, the blueprint makes it yours, and the monthly Report keeps it current after the training ends.
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
- 12 months of one-on-one coaching with Michael Covel. 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
What You're Getting
Bull, Bear & Black Swan Report
The Monthly
You apply it.
- Twelve months of the Bull, Bear & Black Swan Report, Michael Covel's monthly long-form letter
- 15 to 20 pages an issue: macro analysis, case studies of calls that were right and wrong, primary-source quotes from market wizards
- A book of the month, reader Q&A, and a 20-question discipline quiz
- A shareable one-page manifesto and a mindset feature in every issue
- Trend Following thinking applied to current market conditions, month after month
- Delivered to your inbox as a fixed twelve-month term with no auto-renewal
New Client Offer
Get Full System
All three components, bundled at launch pricing.
| Mastery: Systems, Course & Coaching | Standard Value: $3,997 | 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 | $7,791 |
Your New Client Offer
$2,997
Save over 60% versus buying each piece separately.
Cohort closes July 13, 2026. The Mastery Elite 2026 is not available after this window.
Get Full System for $2,997 onlyYour twelve months of the Bull, Bear & Black Swan Report begins the day you enroll, with no separate sign-up needed.
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 twelve months of one-on-one coaching with Michael, 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. Nothing assumed, nothing already owned.
No. Mastery is built to take you from the basics of trend following through to operating your own system. The curriculum assumes no prior background, and the coaching is there for whatever questions come up along the way.
No. Mastery is the mentorship: Covel's selected systems, the Wizard videos, the case studies, the proprietary library, and your coaching. 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 Report is included for a fixed twelve-month term with no auto-renewal and no charge at month thirteen. The annual cohort structure refers to availability windows for new editions, not recurring billing.
Yes. Trend following has real losing years, and Mastery is upfront about that from the start. 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.
Start With The Complete System.
Mastery teaches you the system end to end, Mastery Elite 2026 turns it into a written blueprint you own, and the Report keeps it current every month after that. All three, from day one.
Get Full System for $2,997 onlyCohort closes July 13, 2026
