The replies are very interesting.
All I see suggested there are stories (Market Wizards, Reminiscences, and the like) and trading psychology.
Imagine you want to learn to play golf, and they suggest you watch Bagger Vance and meditate.
You are one of the few that is not a scam, and on top of that, one of the few that puts out (very) useful information.
Some people just don't understand that even if you are the best trader in the world, sometimes you lose a trade, or it just behaves slightly differently than expected.
We are glad to announce that our full interview with @basso_tom is now available!
Many of you probably know Tom as “Mr. Serenity”, the nickname @jackschwager gave him when he featured him in The New Market Wizards, the second book in his famous series.
Tom has been incredibly generous in sharing his experience and insights from nearly 50 years in the markets. We covered a wide range of topics, bringing together valuable lessons that are rarely found in a single conversation.
Among other things, we discuss:
✅Systematic Trading
✅Trend Following
✅Position Sizing
✅All-Weather Portfolio Construction
✅Research and Backtesting
✅Trading Psychology
We also include several original backtests and quantitative analyses developed by @ConcretumR to illustrate some of the ideas discussed.
If you are interested in systematic trading, we strongly encourage you to set aside 15 minutes to read or listen to this interview. We believe you will find plenty of valuable insights, regardless of your experience level.
A big thank you to Tom for his time and generosity!
Enjoy your learning!
More info in the first comment 👇
Claude: "Holding PAXG instead of cash would raise Calmar; let's do it."
Me (a retard): "You realize this is extremely regime-dependent, right?"
Claude: "You're absolutely right; let's not do it."
BREAKING: Nvidia, $NVDA, surges over +6% as investors buy the dip in the stock amid the Jensen Huang situation.
The stock has now erased yesterday’s decline.