3min chapter

Chat With Traders cover image

030: Tom Basso – The Logic of Trend Following, and How to Improve Your Trader Psychology w/ a Market Wizard

Chat With Traders

CHAPTER

The Random Number Generator

If you trade all your long and two or three trades are the difference between making very nice profer versus blinking even, then you must be in on those trades some place. A random number generator that just simply says "I don't care which way i go" is going to give you 50 % of or murder, to be buys, and 50 % ar going to be sells. It isn't going to be long until you're going to match up with that trend. When you on that big trim, that's going to make all the money for you. And that's how you'regoing to make the slight amount of profit for the year. You can have lots of losers, y

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