Welcome back to the Market Chat! This week as our guest we have professional swing trader Matt Petrallia. Matt is a market veteran with over 20 years of experience trading. During this interview, we discuss his swing trading method and focus on why he likes to focus on simple strategies.
We talk about mindset, psychology, routines, the effects of Social Media as well as swing trading setups + position management. We also go through charts and discuss technical analysis. Matt prepared a presentation sharing lessons he has learned over his years as a swing trader and key thinks to learn for new traders
Our First Interview: https://youtu.be/RfBFwnvDBT8
Connect with Matt:
https://twitter.com/theequilibrium
https://www.tradingequilibrium.com/
Enjoy!
-Richard
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0:00 Intro
0:45 Matt's Trading Style and Strategy
1:30 Trading Influences
3:20 You can do this, learn from my mistakes
3:49 The Secret Indicator
4:03 Matt's Swing Trading Style and Methodology
7:39 Volatility Contraction
11:55 Earnings Gaps
13:00 Mean Reversion Trades
15:09 Risk Management
18:00 Position Sizing
20:00 Know Your Exit
20:44 Progressive Exposure
21:00 Listen to the market and trade feedback
24:00 Selling Rules
26:00 Multiple Timeframes
31:50 Keep Your Strategy Simple
33:10 Technicals Versus Fundamentals
37:00 Skimming Fundamentals
41:40 Only Price Pays
43:25 Options Strategies
45:20 Risk Management using Options
55:00 Trading Psychology and Mindset
58:00 Expectations
1:03:20 Preparation over Prediction
1:07:30 Social Media
1:09:38 5 Key Mindset Concepts
1:13:20 Traits required to Trade
1:18:50 Current Market Conditions, Volatility
1:21:40 Avoiding Corrections
1:23:10 Finding Bottoms
1:24:00 Cybersecurity PANW ZS
1:27:40 Volatility and Risk/Reward
1:29:30 Looking for strong Sectors
1:33:41 Looking for setups
1:34:30 Aggressive Selling
1:39:16 Choosing a Chart Layout
1:45:20 Chart Time, Practice
1:45:48 Advice for Traders
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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