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Trend Trading ETFs
Specs: 22 mins, 58 secs | 10.6 MB
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Vincent Bagnato is a full-time trader who uses various moving averages and other technical analysis tools to find trading opportunities in exchange-traded funds (ETFs). In this interview, we talk about how he transitioned from trading by "feel" to relying on reading charts and trends for his trading strategy. We also discuss why he things 15-minute charts are unreliable and why he trades failures in the "cup and handle" chart setup. Finally, we discuss how he sets goals for himself and how becoming a proficient poker player has helped him determine his trade size and read of the markets more consistently. Find out more about Vincent's trades at: FINZ.tv.

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Trend Trading ETFs


TraderInterviews.com: Hello everybody. Welcome to TraderInterviews.com. Thanks for joining us each week for our interviews about online trading and direct access trading. With each of these interviews, of course, the idea is to give you something to think about using your own trading strategies and maybe some strategies to pick up that you can implement into you own day trading strategies. Our guest today is Vincent Bagnato. He has been an independent trader for about 18 years now. He's got some background as a poker player. So we're going to ask him about the correlation between the two. We've talked to a few traders in the past that are both good poker players as well as traders. So I'm sure there's a correlation there and he's got a website we'll to talk about as well. But we're going to find out about his trading strategies and how he approaches the markets everyday first. So, Vincent, thanks for joining us on the show today.

Vincent Bagnato: Thank you for having me.

TraderInterviews.com: Well, I understand from what you said to me before we started recording here that you work off 10-minute, 30-minute, one hour moving averages basically. Can you talk about how you implement all that?

Vincent Bagnato: Sure. I've always been a day trader historically in my career and I've had bouts where I try to swing trade but I keep coming back to day trading because I like to hold no positions overnight and this environment it's just been necessary to have no position overnight. So I basically start with just looking for a daily charts and trends that maybe look bullish or bearish and then try to find a correlation in the 10-minute chart first. Then when I see something I like there I go to the half hour immediately for confirmation. I leave out the 15-minute timeframe on my charts because a lot of times the 15-minutes don't render in a consistent way - they leave out information sometimes. Then lastly I...

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