Tom Basso

Tom Basso, founder of EnjoyTheRide.World and author of The All-Weather Trader, shares insights from his years as a veteran trader. He emphasizes trading in the present rather than predicting the future, urging a focus on systematic strategies. Basso explores techniques for distancing noise, managing risks through position sizing, and utilizing VIX as a hedge. He advocates for true diversification across uncorrelated markets and offers advice on creating a personalized trading system. Discover his methods for maintaining calm and avoiding predictive bias in turbulent times.

Tom Basso, a Market Wizard and $600 million fund manager, shares his strategies for profiting in any market conditions. Topics include extreme diversification, simple hedging strategies, using multiple indicators, common-sense trading decisions, and risk management. Learn how to protect your account in downturns while enjoying the ride!

This week we’re taking it up a level…I had the honor of interviewing the legendary Market Wizard, Tom Basso, president of former money management firm, TrendStat.Tom started his working life as a chemical engineer, often discussing stocks and investing with colleagues. As he started to experiment with trading from a $2000 account, there was no beginners luck in sight. Tom consecutively lost money for the first few years before things started to turnaround.With a series of events that followed, Tom went from trading his own money, to forming TrendStat and managing other peoples money. At the peak of his career, TrendStat managed $600million dollars of capital.And while Tom’s now retired, he still actively studies the market and continues to trade.This interview covers many topics that range from trend following and systematic trading, to psychology and why you must never forget to ‘enjoy the ride’. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tom Basso, known as 'Mr. Serenity,' is a veteran trader who employs multiple strategies to maintain composure amid market chaos. In a turbulent trading climate, he shares his approach of balancing diverse strategies across various markets, ensuring no single position overpowers his portfolio. Tom emphasizes the importance of self-awareness and emotional regulation in trading, drawing on insightful anecdotes from his journey. His philosophy of adapting to volatility offers valuable lessons for traders aiming to stay grounded in uncertain conditions.

Legendary trader Tom Basso discusses the importance of developing a personalized trading strategy, tailored to individual risk tolerance and time availability. He shares insights on all-weather trading, self-assessment, and the value of understanding oneself to make informed decisions. Tom emphasizes the need for adaptive indicators, dynamic position sizing, and staying present in executing trades like a sniper.