Chat With Traders

079: Raoul Pal – The Biggest Financial Experiment the World has Ever Seen, Explained by a Global Macro Investor

18 snips
Jun 30, 2016
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ADVICE

Use Monthly Charts for Trends

  • Use monthly charts to identify long-term trends since they present less competition.
  • Combine monthly, weekly, and daily charts to pinpoint high-probability trade reversals and entries.
ADVICE

Short-Term Traders Should Know Macro

  • For short-term traders, understanding macro trends helps identify favorable entries within longer uptrends.
  • Use the overall economic and chart trend to guide short-term trades like buying dips, reducing reversal risks.
ADVICE

Scale Positions Over Time

  • Scale into long-term trends gradually instead of going all-in or all-out.
  • Take partial profits when positions become extended but maintain exposure until trend reversal signals appear.
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