3min chapter

The Day Trading Show cover image

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

The Day Trading Show

CHAPTER

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode