SI45: Ray Dailo's paradigm shift and Gold as a safe-haven

Published: July 21, 2019, 3:27 p.m.

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In this week\\u2019s episode, we discuss Ray Dalio\\u2019s recent article on Paradigm Shifts and his comments on the safety of Gold.  We also touch on the perils of having too many filters that keep you from entering a trade, why you should avoid \\u2018sure thing\\u2019 trade recommendations from others, the importance of having a plan before entering a trade, the benefits of incorporating what you\\u2019ve learnt from others about Trading into your own strategies, and the reasons for buying at the 52-week high as opposed to the 52-week low.  Questions this week include: is it better to have multiple exit strategies on a trade or just one single criteria?  Should long positions have the same Trading rules as short positions? Is there such a thing as having a \\u2018healthy fear\\u2019 in the markets?

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Episode TimeStamps:

00:00 \\u2013 Intro

02:30 \\u2013 Macro recap from Niels

03:30 \\u2013 Weekly review of performance

06:30 \\u2013 Discussion of Ray Dalio article

10:00 \\u2013 Jerry\\u2019s highlights for the week

12:15 \\u2013 Discussion of paper on TF speeds

27:00 \\u2013 Top tweets

58:30 \\u2013 Questions 1/2: Harsh; Can you have different exits for longs and shorts? Can stop distance adjust dynamically based on profit?

01:06:00 \\u2013 Question 3: Sebastian; Can you trade without...'