Welcome back to the Market Chat. Tomas is is a professional trader and Angel Investor. Tomas finished 2nd in the 2020 US Investing Championship with an incredible return of 497%. In this interview we discuss his background trading for institutions, his favorite book, his current trading strategies including scalp trading/scalping, swing trading, and position trading.
Throughout this interview we go through many trading and charting examples.
2020 US Investing Results, Congrats to All: https://financial-competitions.com/?gclid=Cj0KCQiA0fr_BRDaARIsAABw4Es2C_6YI7PjWftpDBTw-QUPBhGbeKaG-Dy37VXHqc7PsQlZrfXDPYcaAmn0EALw_wcB
Books Tomas Mentioned
Market Wizards https://amzn.to/3tk5zuI
Reminiscences of a Stock Operator, Edwin Lefevre https://amzn.to/3h65PuX
This is the video to watch if you want to bring your technical analysis skills to the next level.
Check out Tomas on twitter:
https://twitter.com/TeCLaro
Have a good one!
-Richard
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Timestamps
0:00 Introductions, Tomas's Background
2:26 Reading Market Wizards
3:25 Reminisces of a Stock Market Operator
4:25 Favorite Chapter in Market Wizards - Marty Swartz
7:15 US Investing Championship
9:06 Dealing with the Pressure
11:00 early Mistakes in March of 2020. Losing 60%
13:14 Trading the 2020 Crash
14:25 Correcting Mistakes
16:10 Tomas's Timeframe Scalping, Day Trading, Swing Trading
23:10 Fundamental Analysis
25:30 Trading News Events and catalysts
28:26 HOOD Trade Example
30:55 IPO Base
31:50 Magic Indicators, chart setup
35:38 Trading a Breakout, Stop Loss
36:50 Trading for Hedge Funds VWAP
39:30 Bollinger Bands VWAP Pinch
42:27 Where to place VWAP Anchors
43:50 Where Tomas Finds Ideas
46:00 BBIG Intraday Trade Walkthrough
50:05 Stop Loss Management
50:20 Position Sizing
51:50 Using Margin Effectively
52:22 Concentrated Positions Chilean stock example
53:20 Fibonacci Extensions
55:30 Pyramiding into positions
58:50 How do institutions use VWAP
1:01:40 Follow what institutions are doing
1:03:20 How many Positions does Tomas Watch at once
1:06:30 What setups does Tomas Look for, Big Bases
1:06:50 U Example
1:09:12 ALB Example Lithium
1:10:24 PFE Example
1:11:40 Stop Loss Management
1:22:15 KOSS Meme Stock Example
1:25:30 Crypto, Ethereum SOL, ADA
1:31:00 Go to Setup
1:35:00 Trading Around Positions
1:36:00 Weekend and Daily Routine
1:41:21 Advice for new traders
Music from Absent Mind: https://soundcloud.com/absentinlife
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Disclaimer
The content of this video is for educational purposes only and should not be taken as a suggestion to buy or sell anything