Our guest today is Dr. Barry Burns. Barry has been trading markets for over 50 years and is the founder of Top Dog Trading and author of the popular book, Trend Trading for Dummies.
In this episode Barry breaks down the many different trading strategies that he uses to invest his money and his family’s pension plan. He talks about swing trading markets using options, selling credit spreads, day trading futures, and investing over the long-term based on major growth trends and fundamental analysis.
Barry then walks us through the five energies of the market that he uses to track money flow. He outlines each energy and describes how he uses them to place high probability trend trades.
This episode has a little bit of something for everyone, so please enjoy this episode with Dr. Barry Burns.
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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 Introduction
2:20 Barry’s typical trading day; routine, preparation
11:10 How Barry grew up swing trading and using fundamental analysis
17:30 Barry’s approach to the markets today
21:10 Trading futures: trend trading, and reversion to the mean
30:45 The five energy model for high probability trend trading
41:10 Trading volatility — expansion and contraction of volatility
44:00 Different trading strategies & finding what resonates with you
52:40 New trends and emerging markets and technologies
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