Lessons From a Veteran Swing Trader
Hello everyone,
In February of this year just as the Market Correction was really taking hold, I did an interview with Matt Petralia about his methods and how to avoid large drawdowns.
He gave an excellent presentation covering his process which resonated with many viewers regarding how simple but effective it was.
His presentation begins around 4 minutes into the video although I would highly recommend you check out the full interview.
Matt’s risk management section especially I think is well worth watching and taking notes from.
Enjoy! Below are the timestamps from the video so you can jump right to the section you would like to see.
Cheers,
Richard
0:00 Intro
0:45 Matt's Trading Style and Strategy
1:30 Trading Influences
3:20 You can do this, learn from my mistakes
3:49 The Secret Indicator
4:03 Matt's Swing Trading Style and Methodology
7:39 Volatility Contraction
11:55 Earnings Gaps
13:00 Mean Reversion Trades
15:09 Risk Management
18:00 Position Sizing
20:00 Know Your Exit
20:44 Progressive Exposure
21:00 Listen to the market and trade feedback
24:00 Selling Rules
26:00 Multiple Timeframes
31:50 Keep Your Strategy Simple
33:10 Technicals Versus Fundamentals
37:00 Skimming Fundamentals
41:40 Only Price Pays
43:25 Options Strategies
45:20 Risk Management using Options
55:00 Trading Psychology and Mindset
58:00 Expectations
1:03:20 Preparation over Prediction
1:07:30 Social Media
1:09:38 5 Key Mindset Concepts
1:13:20 Traits required to Trade
1:18:50 Current Market Conditions, Volatility
1:21:40 Avoiding Corrections
1:23:10 Finding Bottoms
1:24:00 Cybersecurity PANW ZS
1:27:40 Volatility and Risk/Reward
1:29:30 Looking for strong Sectors
1:33:41 Looking for setups
1:34:30 Aggressive Selling
1:39:16 Choosing a Chart Layout
1:45:20 Chart Time, Practice
1:45:48 Advice for Traders