Trading $600M For 50 Years Using A Simple 3-Step Strategy - Tom Basso

Tom Basso, also known as Mr. Serenity, shares his philosophies on maintaining calm and balance in trading and life. He emphasizes self-awareness of one's mental state to avoid being controlled by emotions like greed or fear, advocating for a balanced approach and living in the present. Basso stresses the importance of simplifying trading strategies to enhance robustness, using the Donchian channel as an example of filtering noise from information. He also highlights that traders should design their approach to fit their unique circumstances, skills, and capital, rather than blindly copying others. Basso advocates for managing potential stressors in trading by automating tasks and having backup plans.