BROADCASTS.com

b'In episode 244 we welcome our guest, long time trader and trend follower, Tom Basso. In today\\u2019s episode, we\\u2019re talking trend following and trading.\\nWe start with some of Tom\\u2019s early trades, cutting his teeth on corn futures, and, as a disciplined trend follower, going through hell before a silver futures trade was in the books for a nice gain. We discuss power laws and outliers, and his finding that it sometimes came down to a handful of trades that made the difference between profit and breaking even, or even losing money for the year.\\nWe cover the critical concept of position sizing, and why it has been a cornerstone of Tom\\u2019s trading systems over the years. We get into the mental side of investing, and as we wind down, Tom lets us in on the virtues of trading multiple, symbiotic strategies.\\nAll this and more in episode 244 with Tom Basso.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'