Blame it on the Bossa Nova with New Market Wizard Tom Basso
Episode description
How do you get included in a Market Wizards book? How do you get a whole Michael Covel book written about you? You move from charting markets on graph paper to point and figure charts to running systematic models on an IBM computer in 1980, to running $600mm plus via Trendstat. We’re talking Havalinas and Bassanovas with none other than Tom Basso in today’s episode. Tom is a New Market Wizard as identified by Jack Schwaeger, and now semi-retired, trading his own money in between dancing and wine making. We’re covering trend following, Arizona, raising money, enjoying the ride, making money, risk management, the mistakes big investors make chasing returns and bailing on drawdowns, facebook, trading red bean futures, chemical engineering, slippage, golf, and more.
Chapters:
00:00-02:18=Intro
02:19-11:09=Arizona Pastimes
11:10-20:36=Back into Trading
20:37-36:00=How the Legend Started
36:01-01:02:12=150 Meetings
01:02:13-01:08:56=Mike Covel
01:08:57-01:17:15=Favorites
Follow along with Tom on twitter and on his website, https://enjoytherideworld.odoo.com/
From the episode:
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