72 min listen
230: The Trading Panel – Episode 7
ratings:
Length:
55 minutes
Released:
Mar 28, 2024
Format:
Podcast episode
Description
Welcome to a new trading series called "The Trading Panel," where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants in this week's panel are: Andrew Swanscott Jason Perz Larry Tentarelli Steven Strazza Here are a few of the topics we discussed on the panel: 1. Importance of Simplifying Trading Strategies – Simplifying strategies helps in identifying trends and making trading decisions more effectively. 2. Using Moving Averages and Relative Strength – Moving averages and relative strength indicators are valuable tools for identifying trends and potential breakouts. 3. Adapting to Market Conditions – The importance of sticking to your strategy and waiting for favorable market conditions rather than constantly changing strategies. 4. Options Trading and Pattern Matching – Different options strategies can be used based on the pattern and structure of the stock, providing leverage and flexibility. 5. Risk Management and Position Sizing – Managing risk is crucial in trading, and position sizing should be based on overall risk tolerance and stop placement. Plus much more, watch the replay to extract all the goodness! [0:01] Introduction and Welcome [1:44] Highlighting Recent Interviews [3:17] Discussing Trading Strategies and Charts [6:16] Importance of Consistency in Trading [8:27] Adapting Trading Strategy to Market Conditions [10:38] Risk Management and Strategy Adaptation [13:28] Options Trading Insights [15:34] Market Trends and Sector Performance [19:20] Understanding the Value Line Index [21:50] Deciding Trading Timeframes [27:10] Importance of Risk Management [31:12] Risk Management with Options [33:23] Position Sizing in a Portfolio [41:49] Favorite Stocks and Sector Analysis [52:13] Relative Trends in Trading [52:46] Closing Remarks and Contact Information Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.
Released:
Mar 28, 2024
Format:
Podcast episode
Titles in the series (100)
002: Brent Penfold discusses trading principles, money management, risk of ruin and how to overcome greed, hope and fear in trading: In this episode with Brent Penfold we cover fundamental topics that impacts traders of all levels, from beginner to advanced. We talk about some of the psychological issues traders face, the principles all traders need to accept to be successful, that... by Better System Trader