Topics:
1. Improving Your Strategy
2. Trading Pullbacks & Breakouts
3. Scaling Out of Trades
4. Make Your Trend Following Strategy Personal to You
Guest:
Larry Tentarelli
Full Time Trader and Publisher Blue Chip Daily Trend Report
Larry’s Resources
Rapid Fire ?
Q. What Trader has influenced your life the most and why?
A. JESSE LIVERMORE – BIG MONEY IS IN THE BIG MOVE AND NOT JUMPING IN AND OUT – THAT WHOLE BOOK SHAPED MY THINKING
Q. What was one of the hardest things for you to overcome in Trading?
A. FOMO AND OVERTRADING
Q. What is one attribute that you believe every trader should have?
A. SELF ACTUALIZATION OF WHO THEY ARE AND WHY THEY ARE TRADING – AND WHAT THEY WANT TO GET FROM TRADING – SOME WANT MONEY, SOME WANT THE THRILL – NOT THE SAME
Q. If you had to pick a profession other than trading, what would it be?
A. SELF EMPLOYED – SOMETHING WHERE I COULD TRAVEL THE WORLD
Q. If you can give a piece of advice to the younger you, what would it be?
A. DO SIGNIFICANTLY LESS OF EVERYTHING – TRADE LESS, SMALLER SIZE, LESS POSITIONS, LESS CHARTS , SIT IN WINNERS, LET POSITIONS WORK –
Q. If you had to elevator pitch me your edge trading, what would you say?
A. MY EDGE IS THAT I HAVE MASTERED ONE STYLE OF TRADING WHICH IS EXACTLY CONDUCIVE TO MY PERSONALITY – THE MARKET IS PLAYNG MY GAME, NOT THE OTHER WAY AROUND. I TRADE ONE STYLE AND TIME FRAME – ONE PROCESS
Q. Favorite thing to do when not working?
A. ANYTHING WITH MY CHILDREN, ALSO I LOVE TO TRAVEL.
Record Date: 1/14/20
If you enjoyed this interview with Larry be sure to listen to these other episodes:
Market Profile Trading – Jim Dalton
