Trend Following Mindset

The Genius of Legendary Trader Tom Basso

by: Michael Covel

in: Investing

Summary:

The book delves into the investment philosophy and strategies of successful trend follower Tom Basso, exploring his psychological approach to trading and risk management. It provides insights into the mindset required for consistent profitability in the markets, drawing from Basso's experiences and lessons learned over his career.

Key points:

1. Accept Uncertainty: Trend followers like Tom Basso accept that predicting markets is impossible. They focus on following price trends as they happen, knowing that uncertainty is the only guarantee.

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