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TL Trading Academy: https://traderlion.com/YTTLA Welcome Back to the TraderLion Podcast. Today as our guest is Tom Basso, a former hedge fund manager who was featured in Jack Schwager's New Market Wizards

Tom was the founder and President of Trendstat Capital Management where he developed effective trend following systems which produced extremely consistent returns over many market cycles.

In this interview we cover many different topics including how to build a trading system, trading psychology, and many other topics.

►Connect with Tom

  / basso_tom  
  / enjoytheride.world  
https://enjoytherideworld.odoo.com/

►Book Recommendations

Trend Following Mindset Covel https://amzn.to/3FqQejr
Successful Traders Size Their Positions Why and How? https://amzn.to/3DkyAMh
PanicProof Investing: Lessons in Profitable Investing from a Market Wizard https://amzn.to/3oGIrrD

Enjoy!

The TL Team

Learn Swing Trading from the US Investing Champion Oliver Kell (941% Return):
https://links.traderlion.com/SwingTra...

Learn How To Trade from Market Legend Stan Weinstein
https://links.traderlion.com/StanWein...



Level Up Your Trading Psychology with Mental Game Expert Jared Tendler
https://links.traderlion.com/TradingP...


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Timestamps

0:00 Introductions
0:39 Tom's Trading Background
1:30 Tom's First Bull Market
3:13 Tom Basso's Biggest Loss
6:00 Important Trading Lessons
8:15 Tom's Aha Moments
12:50 Honoring your system
15:30 Journaling your trades
21:00 Super Trader
22:50 Larry Hite Inspiration
25:33 Renaissance Technologies
28:00 Coming up with new Strategies
33:10 Testing Strategies
37:20 Win Rate, Performance Metrics
40:40 Dealing with Stress, Trading Psychology
49:25 Advice for new Traders