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Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders


Feb 27, 2023

 

Legendary Professional Trader & Market Wizard - Tom Basso

In episode 391 of the Desire To Trade Podcast, we will be listening to the recording of an interview with legendary professional trader & market wizard, Tom Basso. Long-term success in trading is not built overnight. If you want to trade full time leading to a profitable lifestyle, you can catch the best strategies from this interview with a million-dollar market wizard!

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

  • 00:15 Introduction
  • 00:33 Who is Tom Basso?
  • 03:40 How did Tom start trading?
  • 05:44 From chemical engineering to trading
  • 07:50 The "behind-the-scenes" in trading
  • 09:57 Tom's travel and trade routine
  • 11:15 When did he decide to manage funds for other people?
  • 14:46 Leaving job to trade full-time
  • 17:11 Mindset in transitioning from a full-time job to full-time trading
  • 18:27 Raising $17 million
  • 23:01 How much work did it take to build his capital?
  • 25:03 The introvert trader life
  • 25:27 Tom's transition to trading by himself
  • 31:22 What to focus on when creating a strategy
  • 32:55 Price-action and data
  • 34:32 How Tom adapts to different market conditions
  • 37:42 Importance of not listening to the news
  • 40:00 Sweet spot on the number of trading strategies
  • 41:21 Tom's wisdom for traders
  • 44:19 Where to find Tom Basso? (links below)
  • and much more

What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!

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What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!