391: Legendary Professional Trader & Market Wizard – Tom Basso


Legendary Professional Trader & Market Wizard - Tom Basso

In episode 391 of the Desire To Trade Podcast, we will be listening to the recording of an interview with legendary professional trader & market wizard, Tom Basso. Long-term success in trading is not built overnight. If you want to trade full time leading to a profitable lifestyle, you can catch the best strategies from this interview with a million-dollar market wizard!

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

  • [00:15] Introduction
  • [00:33] Who is Tom Basso?
  • [03:40] How did Tom start trading?
  • [05:44] From chemical engineering to trading
  • [07:50] The “behind-the-scenes” in trading
  • [09:57] Tom's travel and trade routine
  • [11:15] When did he decide to manage funds for other people?
  • [14:46] Leaving job to trade full-time
  • [17:11] Mindset in transitioning from a full-time job to full-time trading
  • [18:27] Raising $17 million
  • [23:01] How much work did it take to build his capital?
  • [25:03] The introvert trader life
  • [25:27] Tom's transition to trading by himself
  • [31:22] What to focus on when creating a strategy
  • [32:55] Price-action and data
  • [34:32] How Tom adapts to different market conditions
  • [37:42] Importance of not listening to the news
  • [40:00] Sweet spot on the number of trading strategies
  • [41:21] Tom's wisdom for traders
  • [44:19] Where to find Tom Basso? (links below)
  • and much more

What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!

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391: Legendary Professional Trader & Market Wizard – Tom Basso