📘 Get your FREE 115-page Ultimate Trading Guide! - traderlion.com/YTC-UTG 👇 What you'll learn! -------------------------------------------------------------------------------------------------------------------------------------------------------------- Lesson 1: Build a sturdy trading foundation to overcome the biggest obstacles holding you back. Lesson 2: Master 3 powerful trading setups to adapt and thrive in various market conditions. Lesson 3: Efficiently screen and find top-performing stocks with strong momentum and high growth potential. Lesson 4: Establish a streamlined risk management strategy using stop losses, position sizing, and portfolio heat analysis. Lesson 5: Optimize selling decisions by identifying late-stage bases or key trend reversals by analyzing daily and weekly charts. Lesson 6: Sharpen your trading analysis and decision-making by integrating cutting-edge analytical tools and techniques. Lesson 7: How to establish and maintain routine weekly and daily trading practices to ensure consistent performance and continuous improvement.
@captaina32952 жыл бұрын
Exactly, position size is the most important part. We should focus on this. Thanks tom and Richard. Perfect content ❤️❤️❤️
@TraderLion2 жыл бұрын
Thanks!
@aliibrahim1859 Жыл бұрын
Tom what an awesome human being. Thank you for sharing your knowledge and wisdom.
@TraderLion Жыл бұрын
Tom is great!!
@TraderLion2 жыл бұрын
Timestamps 0:00 Introductions 0:39 Tom's Trading Background 1:30 Tom's First Bull Market 3:13 Tom Basso's Biggest Loss 6:00 Important Trading Lessons 8:15 Tom's Aha Moments 12:50 Honoring your system 15:30 Journaling your trades 21:00 Super Trader 22:50 Larry Hite Inspiration 25:33 Renaissance Technologies 28:00 Coming up with new Strategies 33:10 Testing Strategies 37:20 Win Rate, Performance Metrics 40:40 Dealing with Stress, Trading Psychology 49:25 Advice for new Traders
@lmz1232 жыл бұрын
Great interview. Thanks. What was the book mentioned regarding position sizing please ?
@aravindtiwari97022 жыл бұрын
Amazing content!! Love from india.. 🇮🇳
@TraderLion2 жыл бұрын
Thanks for watching!
@chewie13557 ай бұрын
Trading oil is fun during wars and pandemics.
@TraderLion7 ай бұрын
👀
@raghunandan13482 жыл бұрын
WHAT r the books he is reffering on trend following
@J_International2 жыл бұрын
Two Thumbs up (but I only clicked like once)
@TraderLion2 жыл бұрын
Thanks J!
@ryanellion2 жыл бұрын
Tom Basso
@TraderLion2 жыл бұрын
Yes
@xianlin78318 ай бұрын
Just general ideas ,nothing is detailed and even complete. I hope someone would get dimonds from it.Systematic traders tend to be secretive about their method . Fair enough.Thank you ,Ricard.
@tommyc1202 жыл бұрын
Tom Basso is a joy to listen to. Thanks for the interview Richard and Tom
@TraderLion2 жыл бұрын
Thanks for watching Tommy!
@ARSHADKHAN-sb2lj Жыл бұрын
Hy Richard. I have watched Tom two to three times on your show and watched all the shows but you know what you can't interview one person multiple times because of what he has he will tell you all in the first interview. It's kind of advice to not interview one person more than once on your show.
@JohnsFishTales3 ай бұрын
Not true at all. How many people have listened to everything Warren Buffet has said throughout the years? Each interview has new nuggets of information to take away.
@figgy1632 жыл бұрын
So calm and relaxed, great wisdom with very good topics, thanks to Tom, Richard and Traderlion for sharing.
@TraderLion2 жыл бұрын
Our pleasure! Thanks as always Tony
@BikeshBudhathoki2 жыл бұрын
Thanks Tom and Richard! ❤ I took some notes of this interview and I am pleased to say that it gave me some idea to start something new in my trading system.
@TraderLion2 жыл бұрын
Our pleasure!
@martinluk58132 жыл бұрын
Love it so much! Big thanks to Tom and Richard!
@TraderLion2 жыл бұрын
Our pleasure!
@jhanessavillar69992 жыл бұрын
New subscriber. Very nice content . thank you.
@TraderLion2 жыл бұрын
Welcome aboard!
@ramtalkit7032 Жыл бұрын
Excellent video and insights. Thanks Tom for being epitome of a calmness! And Richard for being a wonderful interviewers !
@mohammadfarzan2302 жыл бұрын
Thanks Brother If possible please add episode no. with name of episode
@rubyonnet32942 жыл бұрын
What is the name of the book by Tom Basso being mentioned in the interview?
@Yetified_Mayhem2 жыл бұрын
I like how Tom mentioned the Keltners. I would recommend anyone using those to combine with the Bollinger. I have a template I use for day trading and swing entries. Its easy to see how they work well together right away. Keltners, like VWAP, will be respected and keep u bearish or bullish and if youre extended. Bollinger bands will contract and let you know when an impulse is coming as well as extended.....Thx for another great podcast.