Welcome back to the Market Chat! This week as our guest we have Matt Petrallia, a veteran trader with over 20 years of experience as a swing trader. During this interview, we discuss his background and how to swing trade effectively.

We talk about mindset, psychology, routines, the effects of Social Media as well as setups + position management. We also go through charts and discuss technical analysis.

Connect with Matt:

  / theequilibrium  

https://www.tradingequilibrium.com/

Enjoy!

Richard

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Timestamps:
0:00 Intro
0:45 Matt's Background as an Architect, Learning to trade
2:24 Recommended Trading Books
4:27 Early Mistakes Matt made
6:00 The importance of staying balanced, and trading with a plan
7:05 Let the decisions fall on the charts
7:20 Overtrading Mistake
8:30 Learning through failure.
8:45 Dan Zanger, Waiting for your pitch and Market Conditions
11:40 Hobbies outside of trading
13:08 Timeframe and Average Gain/Loss + Holding Periods
14:10 Options Trading
14:30 Options Risk Management
16:00 FOMO Social Media, Rocket Emojis
16:55 Choosing Options Duration
17:55 Options Position Sizing
18:50 Total Open Risk
20:25 Technicals versus Fundamentals
21:45 Determining Market Conditions
23:28 Progressive Exposure
24:30 Building a Focus List, Stock Selection
26:02 Pullback Buys or Breakouts?
31:20 Chart Setups, Too many indicators
32:50 Summary Statistics, Risk Management
34:11 Batting Average
35:40 Using Excel to Track Trades, Journal
37:49 Setting Stop Losses
40:50 Buying Near 52 week highs
42:50 Stop loss management, moving up stops
45:00 The Art of Trading
46:20 Risk Management, Keeping Losses in Check
48:50 Determining Position Sizes
49:50 Reading Charts Demonstration GS
52:40 GS Second trade (Loser)
54:20 SQ Trade
55:00 Dealing with Gap Ups
57:00 Nio, The Stock Chart of 2020
58:09 NIO current chart
59:00 Leading Stock in a Leading group, 50 Day average
1:00:58 Matt's Chart Layout, moving averages, Bollinger bands
1:03:33 Wedge Setup
1:05:58 Best performer of 2020
1:07:24 Reading Market Environments
1:12:45 ZM Chart
1:13:30 RH Chart
1:14:40 Dealing with stops on gap downs
1:16:00 Dealing with emotions
1:17:30 PTON Chart
1:19:05 Position versus Swing Trading
1:20:00 Going through Charts
1:21:22 Advice for new traders




Music from Absent Mind:   / absentinlife  

Disclaimer
The content of this video is for educational purposes only and should not be taken as a suggestion to buy or sell anything