Key Principles For Successful Trading | Simon Ree

On todays episode of Forward Guidance Simon Ree Author & Founder of The Tao Of Trading joins the show for a discussion on the key principles for becoming a successful trader.  Simon takes us back to March 2020, a period which kicked off an aggressive bull market leading all the way up to 2022. In 2022, many market participants got caught offside as the aggressive rally suddenly turned into an equally as aggressive bear market. Now in 2023, the bulls and bears standoff at a cross roads waiting for the next indicator of where markets are heading. Simon walks through the difficult past 3 years in markets, and explains the key principles to remember when investing in this current market paradigm.  -- Follow Simon: https://twitter.com/simon_ree Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw -- Use code GUIDANCE10 to get 10% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Timestamps: (00:00) Introduction (00:18) Simon's Entry To Finance: Black Monday (03:37) What Makes A Successful Trader? (05:10) Consistency Is A Superpower (07:29) I am Not A Trader, I am A Risk Manager (09:50) The Process of Making A Trade (12:54) Trading A Bull Market (17:41) Trading A Bear Market (19:14) Permissionless ad (20:17) Trading The Inflationary Bear Market of 2022 (29:05) Market Positioning, Sentiment & Short Squeezes (34:13) Blockworks Research (35:13) The Principles of Technical Analysis (37:19) Trading The Bull Market of 2020 (40:01) Assessing Current Market Conditions 946:02) The TAO of Trading (52:53) The Biggest Opportunities In Markets (56:26) How To Compound Your Returns (01:02:54) Finding The Right Trading Strategy For You -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.