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How To Become An All Weather Trader With Tom Basso | 076

The Day Trading Show

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How Data Drives the All Weather Strategy

I think the average trader trying to get into the intraday time frame is ill suited mentally to deal with the types of pressures that get thrown at you. Just take a one hour profit with two thirds of your position, leave the one third, try to trend follow it and then get down to the end of the day, take the profit, go home. I would say 60 to 70% would be not uncommon many, many weeks in a row even. It's kind of just experience and doing it so many times that you just don't even think twice about it.

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