Outcome Bias

Outcome Bias

Adam Sarhan says, if your risk is properly managed, the result of any single trade doesn’t really matter in the long run. Success in the market comes from making smart decisions that create a good aggregate result over the course of multiple trades in varying market conditions. Anyone can get lucky every once and a…

Profit Land

Profit Land

John Frost is keeping a model portfolio to test the A.M.P.D. strategy. John talks about using prospective stops to defend against big losses, to lock in gains, and to try to stay in “profit land.” John also discusses the indicators he uses to measure market conditions and explains how he uses A.M.P.D. to decide when…

September Cooldown

September Cooldown

The “D” in the A.M.P.D. trading strategy stands for “Defense,” and as the markets move into correction territory, defense is key. In today’s podcast, Adam Sarhan talks about how A.M.P.D. traders use protective stops to avoid big drawdowns when the market contracts, and he stresses the wisdom of aligning yourself with market conditions and not…

Swing Trading

Swing Trading

Over the last month, our guests Michael Lamothe and Dennis Wilborn have told us a little about their swing trading tactics. Swing trading is similar to Adam Sarhan’s A.M.P.D. trading strategy as both use protective stops to manage risk and keep losses small. Swing traders often take profit out once a position reaches predetermined gains…