How to Build a Trading System | Interview With Stock Market Wizard Tom Basso (Episode 6)

📘 Get your FREE 115-page Ultimate Trading Guide: https://traderlion.com/YT-UTG🔍 Next-Generation Stock Screener: https://traderlion.com/YT-DV📈 IBKR: https://traderlion.com/IBKRWatch these interviews early with the Membership: https://www.youtube.com/channel/UCMgOSW62URSxzPCcNXyohLw/joinLearn the essential sell rules that top traders use to protect their profits and avoid major drawdowns. In this in-depth conversation, portfolio managers Roy and Wes share real-world examples and case studies on when to exit trades, how to manage position sizes, and the key psychological principles behind selling successfully. Discover the difference between offensive and defensive selling, why moving average breaks matter, and how abnormal price action can be an early warning signal.Key Topics Covered:✅ When to sell: Recognizing key reversal days and abnormal action✅ Managing big winners: Holding for triple-digit gains while reducing risk✅ Selling into earnings: How to position size and control downside risk✅ Market psychology: Fear, greed, and making better trading decisions✅ Real trade examples: Case studies on NVDA, MSTR, SMCI, and moreEnjoy!- The TraderLion TeamConnect with Roy and Weshttps://www.meetup.com/en-AU/https-www-meetup-com-charlotteinvestorsbusinessdaily/https://x.com/RoyLMattoxhttps://x.com/WesleyJMattoxTimestamps:00:00 – Introduction of Roy and Wes Maddox and focus on sell rules.03:24 – Offensive vs. Defensive Selling: Managing anxiety with clear rules.07:06 – The Turkey and Red Dress analogies from William O'Neil on decisive selling.10:28 – Overview of offensive selling: key reversals, profit targets, and extensions.13:50 – Defensive selling strategies: insurance, moving average breaks, and abnormal action.20:02 – Recognizing market tops and index signals as part of sell strategy.22:12 – Comparing sharp declines: historical insights from FFTY and market corrections.26:45 – Precedent analysis: Why both offensive and defensive sell rules matter.28:41 – Case Study: Selling on unexpected news (DeepSeek AI event).31:46 – Managing crowding in leading stocks and abnormal price action.35:08 – CAVA example: Buy signals and defensive sell rules at the 50-day break.39:37 – Case Study: TMDX and selling on a 50-day break to avoid massive drawdowns.45:23 – Holding through earnings: position sizing and managing risk.47:51 – Earnings surprises: Why 50/50 outcomes demand disciplined management.53:56 – Analyst downgrades and abnormal actions as defensive sell triggers.57:44 – Active manager sentiment and fear gauges as market timing tools.01:04:16 – Key offensive sell signals: Recognizing overextension and reversal days.01:10:45 – Nvidia’s critical earnings report and its market impact.01:15:59 – Managing climactic moves and avoiding character changes in stocks.01:22:57 – Case Study: CAVA key reversal as an offensive sell signal.01:24:22 – SKYW example: Exiting on offensive signals to protect gains.01:26:51 – Final takeaways: Key lessons on staying disciplined with sell rules.#stocktrading #Investing #swingtrading #tradingstrategy #riskmanagement #SellRules #marketpsychology #technicalanalysis #tradinglessons #stockmarkettips #MarketCycles #portfoliomanagement #growthstocks #markettrends #nvda #mstr #smci #tradermindset

📘 Get your FREE 115-page Ultimate Trading Guide: https://traderlion.com/YT-UTG🔍 Next-Generation Stock Screener: https://traderlion.com/YT-DV📈 IBKR: https://traderlion.com/IBKRWatch these interviews early with the Membership: https://www.youtube.com/channel/UCMgOSW62URSxzPCcNXyohLw/joinUnlock the secrets behind Leos Mikulka’s 409% return in the US Investing Championship. In this deep-dive interview, Leos shares his trading journey, key setups like ARM and SMR IPOs, and the importance of risk management, free rolling trades, and selling into strength. Learn how he identifies market themes, manages drawdowns, and uses margin selectively for aggressive trades. Discover the key principles that helped him achieve triple-digit returns, including precise trade execution, sector analysis, and maintaining discipline through market volatility. Perfect for traders aiming to improve their process, control risk, and achieve super performance in their portfolios.🔍 What You’ll Learn in This Video:✅ Leos Mikulka’s top trades that led to his 409% championship return✅ How to manage risk with free rolling and selling into strength✅ The importance of identifying market themes and sector rotations✅ Strategies for aggressive trading while controlling drawdowns✅ Key lessons on trading psychology, managing emotions, and avoiding revenge tradesPrevious interview with Leos: https://youtu.be/esDKpwi1b2MConnect With Leos:https://x.com/mikulkalEnjoy!- The TraderLion TeamTimestamps:00:00 – Initial trade breakdown: Entry strategies, volume analysis, and risk management.01:33 – Importance of tracking your trading metrics and understanding your style.03:30 – Leos’ background: 8 years of trading04:54 – Refining trading styles and competing in the US Investing Championship.07:07 – ARM IPO trade breakdown: Base formation, risk management, and scaling positions.10:12 – Managing trades through earnings and using implied volatility.14:49 – Free rolling trades: Reducing risk and taking partial profits.22:44 – SMR trade: Trading high-volatility stocks with tight risk management.26:55 – Identifying market themes (nuclear, AI, quantum computing) through screening.29:10 – Leos’ performance metrics: Balancing small gains with occasional large winners.35:29 – SMR trade takeaways: Price-volume analysis and trading the stage-two uptrend.41:04 – LUMN trade: Aggressive entry and quick exit in volatile conditions.44:21 – BAH trade: Clean volatility contraction pattern and tight stop losses.47:50 – Lessons from losing trades: Importance of discipline and risk management.53:16 – MSTR trade: Revenge trading and its impact on account performance.59:25 – SE trade: Emotional trading, over-sizing, and lessons learned.01:06:57 – Final insights: Key principles for achieving triple-digit returns.01:09:33 – Closing remarks and where to connect with Leos Mikulka.#Trading #StockMarket #Investing #SwingTrading #RiskManagement #TechnicalAnalysis #StockTrading #USInvestingChampionship #LeosMikulka #IPOTrading #MomentumTrading #SectorAnalysis #MarginTrading #FreeRolling #MarketThemes #TradingDiscipline #GrowthStocks #TradingLessons

📈 How did a poker player turn a small trading account into a 433% return in just one year? Christian Flanders, 2nd place in the U.S. Investing Championship, shares his trading journey, risk management techniques, and strategies that helped him succeed. From progressive exposure to episodic pivots and VCP setups, this interview is packed with valuable insights for traders of all levels.📘 Get your FREE 115-page Ultimate Trading Guide: https://traderlion.com/YT-UTG🔍 Next-Generation Stock Screener: https://traderlion.com/YT-DV📈 IBKR: https://traderlion.com/IBKR🔍 What You’ll Learn in This Video:✅ The parallels between poker & trading – how risk & psychology play a role✅ Why progressive exposure is the key to controlling drawdowns✅ How to identify and trade explosive stocks using VCPs & episodic pivots✅ The importance of trailing stops and selling strategies✅ Lessons from big winners like Nvidia & Super Micro Computer (SMCI)Connect with Christian:https://x.com/CFlanders7Timestamps:00:00 – Introduction: The similarities between poker and trading00:22 – The progressive exposure strategy: Adjusting position size based on performance00:47 – Why episodic pivots are simple yet powerful trade setups01:13 – The importance of buying at all-time highs for the biggest winners01:37 – Market lessons: How one trade went from $50 to $300 in a few weeks02:08 – Why trading success requires going all in on learning and improvement03:28 – Guest introduction: Christian Flanders – 2nd place in the U.S. Investing Championship with a 433% return04:22 – How Christian first got into trading and poker05:16 – Learning from trading books like O’Neil & Reminiscences of a Stock Operator06:15 – How the online poker boom influenced Christian’s risk-taking skills07:43 – Christian’s early career at a prop trading firm during the 2008 financial crisis09:45 – The psychological battle of poker & trading12:01 – The importance of learning to quit (in poker and trading)13:23 – Transitioning from poker to full-time trading15:40 – The biggest similarities between poker and trading17:35 – Christian’s early trading strategy and learning curve19:28 – The importance of adapting bet sizing to different market conditions21:44 – Boom and bust cycles: The struggle to control drawdowns24:00 – How historical market research helped refine Christian’s trading strategy27:19 – Learning from trades that cost you big gains30:59 – The best trade setups: VCPs, power plays, and episodic pivots36:29 – How Christian studies historical stock moves40:16 – The importance of trailing stops to capture big gains48:27 – Adjusting position sizing based on market conditions51:55 – The power of limiting monthly drawdowns59:25 – Understanding risk & the importance of risk-adjusted sizing01:06:48 – Example: Trading Super Micro Computer (SMCI) on an episodic pivot01:10:31 – Why holding big winners is the hardest part of trading01:14:38 – Adjusting sell rules based on market conditions01:26:10 – The challenge of consistent long-term performance01:33:50 – Final advice: Trading for a living is extremely difficult – be prepared01:56:05 – Closing thoughts: The key to success is full commitment#Trading #StockMarket #Investing #SwingTrading #RiskManagement #TechnicalAnalysis #StockTrading #Poker #Deepvue #MomentumTrading #VCP #EpisodicPivot #MarketPsychology #TradeSmart #GrowthStocks #TradingLessons

In this interview with Brad Freeman, investor and founder of the Stock Market Nerd, he discusses his process for researching companies, what to look for and what to look out for.

🚩Learn to trade High Tight Flags from Leif Soreide, the 2019 U.S. Investing Champion. He shares his step-by-step process for finding these high-growth stocks before they skyrocket! https://traderlion.com/HTF_MC This video provides an in-depth exploration of Leif’s expanded High Tight Flag strategy, which he uses to identify stocks with the potential for explosive gains, often aiming for moves of up to 90% in eight weeks or less. He applies a CANSLIM inspired methodology with paired with higher momentum stocks that have recently started consolidating. He also shares his recent winning trades in stocks: ASTS, CORZ, RKLB, LUMN and other names like DUOL & TSLA. 1) Understanding the High Tight Flag: Detailed criteria of this pattern, including the technical structure he looks for. 2) Expanding the Approach: How Leif adapts the classic pattern to spot additional setups in a variety of market conditions. 3) Real-Time Examples: He reviews recent trades to illustrate his pattern recognition and entry strategies. 4) Essential Tips: How he minimizes risk while positioning himself for substantial gains. This video serves as an educational guide for both new and experienced traders on identifying and capitalizing on breakout opportunities using Leif’s distinctive style and insights. Enjoy! - The TraderLion Team 🦁 Follow us on Twitter/X: https://traderlion.com/POD-X

📘 Take the FREE Ultimate Trading Guide Course: https://traderlion.com/POD-UTG Legendary investor Jim Roppel joins us to break down the hottest market trends of 2024 and reveal his top stock picks for massive gains. In this exclusive interview, you'll discover: • The #1 Mega Trend that's bigger than anything Jim has seen in 40 years of investing (and how to profit from it!) • Jim's strategy for finding high-growth stocks before they take off (and how he's applied this for decades) • Why this is one of the most bullish markets Jim has ever seen (and what it means for your portfolio) • Jim’s thoughts on the dangers of socialism and its potential impact on innovation • Actionable strategies for managing risk and holding stocks for the long term (so you can maximize your profits) Jim Roppel pulls no punches as he shares his insights on: • AI Investing: Nvidia, Tesla, Palantir, and the future of artificial intelligence • Cryptocurrency: Bitcoin, Solana, and the next crypto bull market • Biotech: The obesity drug revolution and the potential for major opportunities • Energy: The nuclear power boom and the rise of natural gas • China: How global shifts and political developments could impact Chinese stocks PLUS: Jim reveals his 3-5-7 rule for risk management, his thoughts on the "Golden Goose" of capitalism, and advice for staying ahead of the curve in this rapidly changing market. Don't miss this opportunity to learn from one of the greatest investors of our time! Enjoy!

📘 Take the FREE Ultimate Trading Guide Course: https://traderlion.com/POD-UTG Legendary trader Mark Minervini, got 33,500%+ returns in the stock market. He reveals his winning stock trading strategies in this exclusive interview! Mark Minervini and his expert team (Mark Ritchie II and Brandon Hedgepath) break down their unique approach to achieving super performance in the stock market. Enjoy! Connect with Mark Twitter: https://x.com/markminervini Master Trader Program: https://mpa.minervini.com/master-trader-program - The TraderLion Team 🦁 Follow us on Twitter/X: https://traderlion.com/YT-X

📈 TraderLion Masterclass Courses: https://traderlion.com/POD-TLU Matt Caruso, a veteran investor, former market maker, and top trader in the US Investing Championship, shares his approach to researching and trading growth stocks. In this video, Matt outlines his process for analyzing companies, spotting major market themes (like AI), and timing his trades with a focus on managing risk and maximizing profit. In this video, you'll learn: • The first step Matt takes when investigating a new stock idea (and why it’s not about looking at charts first). • How to identify significant market themes that can drive stock growth, beyond just AI. • Matt’s approach to entering trades with low risk and building into positions over time. • How understanding the "story" behind a stock can help with making informed decisions. • And much more. This video offers insights from Matt's years of experience in the markets. Whether you're new to trading or looking to refine your strategy, there are valuable takeaways here. Enjoy! - The TraderLion Team 🦁 Follow us on Twitter/X: https://traderlion.com/YT-X Connect with Matt: https://x.com/Trader_mcaruso https://www.carusoinsights.com/

📈 TraderLion Masterclass Courses: https://traderlion.com/POD-TLU 120% Returns! Discover how TraderLion co-founder Nick Schmidt achieves these incredible results with a simple, powerful strategy that ANYONE can use! Nick shares his journey from a college student obsessed with penny stocks to a consistently profitable trader in this exclusive interview. He reveals the mindset shifts and key lessons that transformed his trading, including: • The power of weekly charts for reducing noise and making better decisions • How to identify high-probability setups with clear risk management • The importance of patience and letting winners run • Why focusing on risk-reward is more important than batting average Whether you're a seasoned trader or just starting, you'll gain valuable insights from Nick's experience. He breaks down his approach to analyzing charts, finding trade ideas, and managing positions, all with a focus on simplicity and clarity. Don't miss this opportunity to learn from one of the best! Enjoy! - The TraderLion Team 🦁 Follow us on Twitter/X: https://traderlion.com/YT-X

📈 TraderLion Masterclass Courses: https://traderlion.com/POD-TLU Are you struggling to become a consistently profitable trader? The problem might not be your strategy, but your mindset. In this eye-opening conversation, trading coach Brett Steenbarger and SMB Capital co-founder Mike Bellafiore dive deep into the psychology of trading. Discover why your ego is your worst enemy and how a "broken heart" can actually lead to trading success. This isn't your average trading advice. Learn the power of teamwork and mentorship in mastering the markets. Get insider tips on how to find your unique trading edge and develop a disciplined approach to trading. Mike Bellafiore shares the SMB Capital method for turning new traders into pros, while Dr. Steenbarger reveals the spiritual secrets behind successful trading. Whether you're a beginner or an experienced trader, this video is packed with actionable insights to transform your trading journey. Learn how to create a daily report card, embrace the right mindset, and build a profitable trading business. Don't miss out on this invaluable discussion with two experts in the field. Checkout SMB Trading Eduction: https://www.smbtraining.com/ Follow Mike Bellafiore on Twitter/X: https://x.com/MikeBellafiore Follow Brett Steenbarger on Twitter/X: https://x.com/steenbab Enjoy! - The TraderLion Team 🦁 Follow us on Twitter/X: https://traderlion.com/YT-X