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Trading Myths — Bob Iaccino

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Trading Myths — Bob Iaccino
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00:00 / 36:18
 
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Guest:

Bob Iaccino

Co-Founder and Chief Market Strategist (CMS) Path Trading Partners also, CMS and Head of Reseach at TrendyTrade.com

Record Date:  6/12/18

Listen on —> iTunes

Listen on —> SoundCloud

Topics:

  1. Bob’s Backstory
  2. Trading Myths
  3. Technical & Fundamental Process
  4. FED & ECB
  5. Approach to Trading Crude Oil
  6. Cryptos
  7. Favorite Tool for Technical Analysis

Rapid Fire:

Q. What trader has influenced your life the most and why?
A. T Boone Pickens

Q. What was one of the hardest things you’ve had to overcome in trading?
A. Realizing that whether if I was smart or dumb the market was always smarter

Q. How has your trading evolved over the years?
A. I don’t attach my view of myself in the mirror into whether a trade made or lost money.  I attach my personal value for the day to whether or not I did the correct trade.  The correct trade often has nothing to do with the result of that trade.  It’s how well you followed your process.

Q. What’s the number 1 resource you spend your time on?
A. Futures Radio Show & TrendyTrade.com, & Charts

Q. What’s your favorite book about trading or the markets?
A. Trading in the Zone & Market Mind Games

Q. What’s your favorite movie or T.V show about trading or the markets?
A. The Big Short

Q. What’s the best piece of advice you’ve received about trading or the markets?
A. You have to do the hard homework

Q. If you can give a piece of advice to the new people interested in getting involved trading, what would it be?
A. You can do this.  Don’t think because you lost money it’s a bad trade and if you made money it’s a good trade.

Q.If you weren’t involved with markets, you’d be doing what?
A. Owning an Italian Restaurants

Guest Resources:

Futures Radio is a weekly talk show hosted by 18-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony talks with traders, CEOs, and other proven market participants about relevant trading and investing information.

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This Post Has One Comment

  1. Liked talking and clearing the Trading myths and Bob’s approach to Markets using 8×21 MA.

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