Better System Trader

236: How to Profit and Protect in Any Market Conditions - with Tom Basso


Listen Later

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:

  1. Why traditional diversification isn’t enough and how to deploy extreme diversification to grow your portfolio,

  2. Tom’s simple yet powerful hedging strategies to protege your account in a downturn,

  3. How to generate more consistent results by “filling the potholes”

  4. The advantages of using multiple indicators in trading and which indicators Tom uses (and those he avoids),

  5. How to simplify trading decisions using a common sense approach,

  6. 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.

 

...more
View all episodesView all episodes
Download on the App Store

Better System TraderBy Andrew Swanscott chats with professional traders Larry Williams, Ernest Cha

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

260 ratings


More shows like Better System Trader

View all
Michael Covel's Trend Following by Michael Covel

Michael Covel's Trend Following

670 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,291 Listeners

The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

226,206 Listeners

Masters in Business by Bloomberg

Masters in Business

2,174 Listeners

Talking Trading - Expert trading tactics so you can excel in the markets. by Created by best-selling authors and traders - Louise Bedford and Chris Tate.

Talking Trading - Expert trading tactics so you can excel in the markets.

18 Listeners

Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

582 Listeners

Chat With Traders by Ian Cox and Tessa Dao

Chat With Traders

1,987 Listeners

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders by Etienne Crete

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

105 Listeners

ChooseFI by ChooseFI

ChooseFI

5,086 Listeners

Flirting with Models by Corey Hoffstein

Flirting with Models

225 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,207 Listeners

The Ancients by History Hit

The Ancients

3,043 Listeners

The Algorithmic Advantage by The Algorithmic Advantage

The Algorithmic Advantage

11 Listeners