Building Complex Trade Strategies On Simple Trade Rules | Investing With IBD

Everyone has different backgrounds, risk tolerances and psychologies. Tom Basso, enjoytheride.world founder and author, joins Investor Business Daily’s “Investing with IBD” podcast to discuss the simple foundations traders should modify and build upon to develop their own trading style. Learn about the differences - and similarities - between traders, and why he’s focused on the uptrends in gold and oil while the indexes correct.
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[@James-100]

Nice interview. Tom knows what he's talking about.

[@stevenp17]

Excellent interview and information. Always awesome Justin

[@NecolePucket]

hank you very much for such interesting material, I will follow new posts.

[@mytradingdiary5047]

Great Video.
i have my own similar system but with different parameters. works a treat and keeps risk even across all instruments.

[@jerrygarcia4390]

Incredible 💪❤️

[@paulclement4961]

For his Keltner channels, I can see that he’s using 21 days with a deviation of 2 - but I can’t figure out if he’s using a simple moving average or exponential. Does anyone know?

[@pkj6426]

What is VRT?

[@alphabeta8403]

11:00 10-15% with $2M+ account = happy camper
14:00 Starting out with $2k margin acccount
27:00 *Net short right now*
29:30 Don't try to predict market direction
35:00 *Minimum indicators; high diversification*
44:45 Risk management