basso_tom on GETTR
Retired money manager, commodity trader, Chairman of Standpoint Funds.
Retired money manager, commodity trader, Chairman of Standpoint Funds.

basso_tom

basso_tom

@basso_tom

Retired money manager, commodity trader, Chairman of Standpoint Funds.
Scottsdale, AZ
JoinedJuly 2021

Had time to update hedge chart at: https://enjoytheride.world/hedging/ Looks like 29/30 sector ETFs long, 23 of them profitable to the current stop loss order. It's been a good run. Keep moving up the stops, be ready to go into bear mode should it show up (no predictions!!!) and enjoy the ride!

Hedging | Enjoytheride.world Website

Hedging | Enjoytheride.world Website

  Hedging Stock Portfolios I’ve received so many requests on Twitter and Facebook for the details on how I hedge my stock portfolios, that we made this the first page of the website. – Why do you hedge? I hedge to drastically reduce the risk of loss ...

enjoytheride.world

We've locked in the next seminar: Blueprint for Trading Success /w me & Laurens Bensdorp from The Trading Mastery School. We have the Four Seasons, Las Vegas, Nevada, for May 3&4, 2024.

This will be 2 packed days of information, exercises, discussions, & interactions with Laurens, me & the rest of the traders attending the event. Sessions will run from 8:30 am to 5 pm with two breaks & a lunch on us. This is the closest thing to mentoring that I do each year.

Dinner for you & one guest will be included Friday night at an outstanding restaurant, Rivea at the Delano.

We limited the seminar to only 15 seats, 8 are left. ETR, & see you in Vegas! enjoytheride.world/seminars-we

Closing down the year with an interview this afternoon that I will tell you about next week. I'm toasting to all of you out there trading to the best of your abilities. Best of success in 2024 & while you're having a great year, remember to enjoy the ride! https://enjoytheride.world/

After 2 DMs this morning about hanging onto profitable positions in this overbought rally, it was a sign that I had to write another "Thoughts from enjoytheride". Here's the link to the article entitled: Predicting versus Trading. Hope you enjoy! ETR https://open.substack.com/pub/etrworld/p...
Predicting versus Trading

Predicting versus Trading

Lessons learned about good practices during this rally

open.substack.com