John Frost, a student of the A.M.P.D. trading strategy, joins the podcast to talk about how he manages the volatility of earnings season — particularly how he sets his protective stops ahead of earnings announcements.
Self-guided independent trader Michael Lamothe says you cannot judge success on any one trade. Success results from having a system that produces good results over time. Every trading strategy will produce some losing trades, but a good trader takes time to conduct a post-trade analysis to learn from the losers. <div id=”buzzsprout-player-15990952″></div><script src=”https://www.buzzsprout.com/2228280/episodes/15990952-trusting-your-trading-strategy.js?container_id=buzzsprout-player-15990952&player=small” type=”text/javascript” charset=”utf-8″></script>…
The A.M.P.D. trading strategy uses protective stops to automatically sell positions when a price falls below a set level. Swing trader Mike Lamothe discusses how using protective stops allows him to take time off from trading without obsessing over his positions, and how protective stops allow him to reduce his “initial capital risk” when taking…
Mark Fishman says stocks have personalities, and having success as an A.M.P.D. trader means finding stocks that match your personality — that is, stocks that behave in a way that complements your personal trading strategy. Read the transcript: Mark Fishman (00:03): I think so much of investing, too, is your personality, right? And so it’s…