68 min listen
236: How to Profit and Protect in Any Market Conditions - with Tom Basso
236: How to Profit and Protect in Any Market Conditions - with Tom Basso
ratings:
Length:
58 minutes
Released:
May 23, 2024
Format:
Podcast episode
Description
Tom Basso is a Market Wizard with 5 decades of experience. After taking 4 years to get to break-even, he eventually transformed himself into a $600 million fund manager. In this discussion with Tom, we uncover some of the key strategies he uses to profit in almost any market, protect his account from market downturns, and all while enjoying the ride! Here’s some of the key takeaways: Why traditional diversification isn’t enough and how to deploy extreme diversification to grow your portfolio, Tom’s simple yet powerful hedging strategies to protege your account in a downturn, How to generate more consistent results by “filling the potholes” The advantages of using multiple indicators in trading and which indicators Tom uses (and those he avoids), How to simplify trading decisions using a common sense approach, Plus risk management, position sizing, discipline, surviving long-term and much more. 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:
May 23, 2024
Format:
Podcast episode
Titles in the series (100)
030: Highlights and insights from Episodes 1- 20: A couple of weeks ago I went back through all the guests we've had on the show so far and realised how very fortunate we've been to have so many fantastic guests on the show, sharing their knowledge and experience, some of them with more than 50... by Better System Trader