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Home > The Trading Edges Podcast > When the going gets tough good traders get lazy w/ Tyler Bollhorn
Podcast: The Trading Edges Podcast
Episode:

When the going gets tough good traders get lazy w/ Tyler Bollhorn
Category: Business
Duration: 00:58:27
Publish Date: 2015-09-27 22:48:18
Description: On this week’s show I interview Tyler Bollhorn and it’s a great show. Tyler has been trading for 25 years and has spoken to probably 1000's of traders through the seminars and speaking events he does as part of his Stockscores program along with the MoneyShow. Tyler doesn't remember this but one of the 1st trading seminars I ever attended was one he put on almost 10+ years ago. In this interview we cover a lot of ground but here are some of the Big Ideas. Big Ideas In the show we talk about - The 6 things Tyler looks at as the basis for each and every trade - rising bottoms, falling tops, support, resistance, price volatility, and abnormal activity. Tyler's market philosophy - The stock market isn’t fair. 2 ways to overcome your emotions - Have a written plan - Don't take on more risk than you’re comfortable with or accepting of. The most important part of trading well is risk management and how to use chart analysis for risk management - To identify exit points are, - where the stock will likely get stuck, knowing where to reverse The importance of not trying to be perfect - If your aim is to be perfect then you will end up blowing up - Your job is to follow your rules day after day after day Tyler shares his pre-market exercise routine and shares the practices he uses to relax and renew. The fallacy of setting daily goals and capping your profits Don’t compete against the HFT’s by playing in their space. The importance of having fun. As always you can find the show notes, transcript, and resources @ thetradingedge.org/episode11
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