267: Dan McDermitt - An Edge with Correlations Across Time Frames
Chat With Traders21 Syys 2023

267: Dan McDermitt - An Edge with Correlations Across Time Frames

Stinging losses with mutual funds in 2008 drove Dan to become an active manager of his portfolio. Enticed by the legalization prospects of marijuana, he dived into learning the fundamentals and technicals of the sector. Learning how these stocks traded relative to each other, he cultivated an awareness of the correlations between these companies. These interrelationships would later be applied to large cap stocks, Commodities and Crypto across different time frames to give insights on when to participate in Bull and Bear runs, and when to back away. Feeling the pain of big early profits evaporating over months, Dan was forced to cultivate a mental flexibility in trading by considering both Bull and Bear signs in every stock he follows. Combined with correlations over multiple time frames with other stocks in the same sector, influences from Commodities, the dollar and various sectors, he flushes out nuances with scalpel-like precision and is ready to flip bullish or bearish without attachment. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jaksot(322)

027: Jack Schwager – Key Lessons Learned From Many of the Worlds Greatest Traders (aka Market Wizards)

027: Jack Schwager – Key Lessons Learned From Many of the Worlds Greatest Traders (aka Market Wizards)

The chances are you're already very familiar with this weeks guest, and if you're not - then I'll have to presume you're new to the realm of trading. Jack Schwager is the author of a number of widely ...

2 Heinä 20151h 38min

026: Brad Jelinek – How to Overcome ‘Boom & Bust' Cycles and Achieve Longevity w/ a Seasoned Futures Trader

026: Brad Jelinek – How to Overcome ‘Boom & Bust' Cycles and Achieve Longevity w/ a Seasoned Futures Trader

At a young age some people want nothing more than to be a trader, well this weeks guest is one of those people… Brad Jelinek first started dabbling in stocks during his days in junior high, then from...

25 Kesä 201553min

025: Aaron Fifield – Zach Hurwitz Speaks with Aaron About His Development as a Trader

025: Aaron Fifield – Zach Hurwitz Speaks with Aaron About His Development as a Trader

This week I thought I’d change things up a little bit, and reverse the interview. So instead of firing questions at the guests like I normally do, I’m on the receiving end and giving the answers. If ...

18 Kesä 20151h 7min

024: Ivaylo Ivanhoff – Riding Industry Momentum & Using High Probability Swing Setups to Capitalize on Short-Term Gainers

024: Ivaylo Ivanhoff – Riding Industry Momentum & Using High Probability Swing Setups to Capitalize on Short-Term Gainers

On the show this week, my guest is Ivan Hoff! An equities trader of 10 years, who tackles the market with a swing trading approach to capture powerful, short-term gainers that may run anywhere between...

11 Kesä 201544min

023: David Bush – The Transition From Discretionary to Quantitative Trading & How to Optimise Your Strategy

023: David Bush – The Transition From Discretionary to Quantitative Trading & How to Optimise Your Strategy

I was fortunate enough to speak with David Bush, an extraordinary, seasoned trader with 20 years experience in financial markets. David comes from a non-traditional background, and what I mean by thi...

4 Kesä 20151h 12min

022: Mike Bellafiore – How to be a Better Trader Tomorrow, with the Co-Founder of SMB Capital

022: Mike Bellafiore – How to be a Better Trader Tomorrow, with the Co-Founder of SMB Capital

This week I have great pleasure in saying, my guest on the show is Mike Bellafiore. Mike is the co-founder of SMB Capital, a proprietary trading firm in New York City, as well as SMB University which ...

28 Touko 201555min

021: Adam Grimes – How to Identify a Trading Edge, and a Realistic Breakdown of ‘The Path to Becoming a Trader’

021: Adam Grimes – How to Identify a Trading Edge, and a Realistic Breakdown of ‘The Path to Becoming a Trader’

Welcome to episode 21, with a very special guest; Adam Grimes. Adam is author of the very popular book titled, The Art and Science of Technical Analysis, which covers market structure, price action an...

21 Touko 20151h 13min

020: Kunal Desai – Go-To Setups, Trading Explosive Momentum, and How to Combat FOMO

020: Kunal Desai – Go-To Setups, Trading Explosive Momentum, and How to Combat FOMO

This week I was thrilled to speak with a well respected, high-energy, and incredibly insightful trader. And who many of you probably already know as the head honcho at Bulls on Wall Street, his name i...

14 Touko 20151h 7min

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