Key Principles For Successful Trading | Simon Ree
Description
On todays episode of Forward Guidance Simon Ree Author & Founder of The Tao Of Trading joins the show for a discussion on the key principles for becoming a successful trader.
Simon takes us back to March 2020, a period which kicked off an aggressive bull market leading all the way up to 2022. In 2022, many market participants got caught offside as the aggressive rally suddenly turned into an equally as aggressive bear market. Now in 2023, the bulls and bears standoff at a cross roads waiting for the next indicator of where markets are heading. Simon walks through the difficult past 3 years in markets, and explains the key principles to remember when investing in this current market paradigm.
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Timestamps:
(00:00 ) Introduction
(00:18 ) Simon's Entry To Finance: Black Monday
(03:37 ) What Makes A Successful Trader?
(05:10 ) Consistency Is A Superpower
(07:29 ) I am Not A Trader, I am A Risk Manager
(09:50 ) The Process of Making A Trade
(12:54 ) Trading A Bull Market
(17:41 ) Trading A Bear Market
(19:14 ) Permissionless ad
(20:17 ) Trading The Inflationary Bear Market of 2022
(29:05 ) Market Positioning, Sentiment & Short Squeezes
(34:13 ) Blockworks Research
(35:13 ) The Principles of Technical Analysis
(37:19 ) Trading The Bull Market of 2020
(40:01 ) Assessing Current Market Conditions
946:02 ) The TAO of Trading
(52:53 ) The Biggest Opportunities In Markets
(56:26 ) How To Compound Your Returns
(01:02:54 ) Finding The Right Trading Strategy For You
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.