SI116: How to manage emotions regardless of your performance ft. Moritz Seibert

Published: Nov. 29, 2020, 5 a.m.

In today\u2019s episode, we discuss how to effectively manage your emotional stability regardless of trading performance, the true value of Bitcoin and the various catalysts behind its price movements, the importance of being able to get back into a trade you may have recently been stopped out of, managing leverage and volatility in a portfolio, how to approach extreme anomalies in historical price data, and much more.

-----

EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool

-----


Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.

IT\u2019s TRUE ? \u2013 most CIO\u2019s read 50+ books each year \u2013 get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.

And you can get a free copy of my latest book \u201cTen Reasons to Add Trend Following to Your Portfolio\u201d here.

Learn more about the Trend Barometer here.

Send your questions to info@toptradersunplugged.com

And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.

Follow Moritz on Twitter.

Episode TimeStamps:

0:00 \u2013 Intro

1:33 \u2013 Macro recap from Niels

3:17 \u2013 Weekly review of performance

8:13 \u2013 Q1, via voicemail, from Gene in New Zealand: Is it ok to ignore perceived anomalies & outdated occurrences in historical data?

20:49 \u2013 Q2; Veyana: If I get whipsawed out of a trade and it sets up again immediately after, should I take the trade again?

25:26 \u2013 Q3; Terrance: How do I control the leverage of my portfolio when utilising volatility parity?

32:00 \u2013 Q4; Sebastien: How do you separate your self-worth from your net worth?

39:49 \u2013 Benchmark performance update

41:10 \u2013 Recommended podcast listening this week: The Vinklevoss Twins on the What Bitcoin Did Podcast & Robert Breedlove on the Bitcoin Fundamentals Podcast