Patrick is the founder of Mission Winners. He has had the privilege of meeting and learning from legendary traders like: Martin Zweig, Bill O’ Neil, and Ed Seykota. He was an IBD Meetup co-leader and most importantly, he is a family man, happily married with 4 kids.
In Patrick's own words, "My trading and approach to investing is “stolen.” It’s taken from the greats. I’ve tweaked and fine-tuned it over the years. Nevertheless, I owe much to all of them. I love to learn. Love to teach. Love to inspire. Love to help. That is why I’m here."
In this special live episode of Smarter Trading, host Evan Medeiros and special guest Patrick Walker, are on camera, sharing their screens, chatting about the current market environment, trade opportunities, and answering your questions.
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This episode is sponsored by Investor’s Business Daily. IBD has helped investors navigate every market cycle with their time-tested methodology for over 35 years. Right now Smarter Trading podcast listeners can get their first 2 months of IBD Digital, a subscription service that gives you access to IBD’s proprietary market analysis and top trade ideas for only $20 by signing up at investors.com/evan.
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What you'll learn in this episode
0:00 Stream waiting
1:10 Introduction
5:05 Year to date 2022 market stats
7:00 Patrick Walker's market analysis: S&P500 and Nasdaq 100
17:50 Hedging a portfolio versus stop losses and raising cash
20:50 Sector and industry analysis
30:20 Q&A: Subpar stocks in strong sectors
37:15 Q&A: Looking for weakness and shorting stocks
42:47 Q&A: Trading chart patterns versus moving averages
46:10 Q&A: Using EMAs crossovers for entries and exits
48:15 Q&A: How many stocks should someone hold from the same sector
50:47 Q&A: Swing versus trend trading
53:20 Q&A: What kinds of returns can you make trading in a year?
58:25 Where to find Patrick Walker
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Connect with Evan & Trade Risk
Browse the entire Smarter Trading podcast catalog
Watch this episode in video on our YouTube channel
Follow @evanmedeiros on Twitter
Follow @TheTradeRisk on Twitter
Join the Trade Risk's weekly newsletter
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