Dave Landry

Dave Landry


Dave is a former President of the CMT Association, a market strategist, regular CNBC contributor, and educator. He blends technical analysis and behavioral finance to help investors manage risk. Learn More 

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The Final Episode: Jesse Livermore Insights and Holding 'Dead Money' Positions

The Final Episode: Jesse Livermore Insights and Holding 'Dead Money' Positions

In the final edition of Trading Simplified, Dave shows his methodology in action by sharing two positions that he continues to hold, even though they were "dead money" most of the time, and why he applied discretion to stick with a losing position to possibly avoid a loss....   READ MORE 

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The Best Traders ALWAYS Cherry-Pick Their Setups

The Best Traders ALWAYS Cherry-Pick Their Setups

In this week's edition of Trading Simplified, Dave shows his methodology in action with two open trades, explaining why you must "cherry-pick" all setups and see subsequent positions through their fruition, even during less-than-ideal conditions. He also shows the recent TFM 10% sell signal and discusses...   READ MORE 

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How to Not Just Survive But PROSPER During Market Downturns

How to Not Just Survive But PROSPER During Market Downturns

In this week's edition of Trading Simplified, Dave shows his methodology in action by discussing his current portfolio and how he is seeing each position to its fruition. He then resumes his series on Jesse Livermore. This week, he explains how years of experience can give you intuition,...   READ MORE 

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Riding Out the Storm in Less-Than-Ideal Conditions

Riding Out the Storm in Less-Than-Ideal Conditions

In this week's edition of Trading Simplified, Dave shows his methodology in action by sticking with the original plan with his portfolio vs. giving up due to less-than-ideal conditions. He then resumes his series on the wisdom of Jesse Livermore. This week, Dave discusses that there is a...   READ MORE 

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Jesse Livermore on Mistakes & Rising From the Ashes

Jesse Livermore on Mistakes & Rising From the Ashes

In this week's edition of Trading Simplified, Dave continues his series on Jesse Livermore. In spite of Livermore's greatness, he made a lot of mistakes, and these mistakes often resulted in him blowing up. In this episode, Dave discusses how Livermore let extraneous influences force him...   READ MORE 

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What NOT To Do as a Trader

What NOT To Do as a Trader

In this week's edition of Trading Simplified, Dave shows his methodology in action with a short side setup that recently triggered. He also touches upon a simple way to stay on the right side on the market - so far, so good! After that, he resumes expounding on...   READ MORE 

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What FIRST STEPS You Need to Take When Things Get "Iffy"

What FIRST STEPS You Need to Take When Things Get "Iffy"

With the market potentially topping out, now's the time to review what to do when the market gets "iffy." In this week's edition of Trading Simplified, Dave walks you through how he handles the inevitable drawdowns and shares some of his favorite performance-based metrics....   READ MORE 

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Improving Your Trading Performance Through Discretion

Improving Your Trading Performance Through Discretion

In this week's edition of Trading Simplified, Dave takes a break from his series on Jesse Livermore to discuss his methodology in action. He revisits his core methodology by showing the ultimate goal of catching longer-term trends and how money and position management can occasionally make that possible....   READ MORE 

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The Wisdom of Waiting for Your Pitch

The Wisdom of Waiting for Your Pitch

In this week's edition of Trading Simplified, Dave shows his methodology in action with a trade that's "dead money?" He shows new mystery charts, updates some old ones, and emphasizes why money and position management is so crucial. He then continues his series on...   READ MORE 

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The Wisdom of Jesse Livermore, Part 11

The Wisdom of Jesse Livermore, Part 11

In this week's edition of Trading Simplified, Dave continues to show the methodology in action, presenting a new mystery chart, revealing an old one, and conducting a walk-through on a recent big winner that paid off twice. He then continues his series on Jesse Livermore. This week, he...   READ MORE 

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The Wisdom of Jesse Livermore, Part 10

The Wisdom of Jesse Livermore, Part 10

In this week's edition of Trading Simplified, Dave shows his methodology in action by adding two mystery charts and showing how patience has finally paid off. He then continues his series on Jesse Livermore. This video was originally published on July 19, 2023. Click anywhere on the Trading...   READ MORE 

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The Only Setup That You'll Ever Need

The Only Setup That You'll Ever Need

In this week's edition of Trading Simplified, Dave takes a break from his Jesse Livermore series to show his methodology in action. Patience is one of the biggest secrets to successful trading. Great trends don't come along every day, so when they do, you have to...   READ MORE 

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The Wisdom of Jesse Livermore, Part 9

The Wisdom of Jesse Livermore, Part 9

In this week's edition of Trading Simplified, Dave shows his methodology in action with another "free roll," a "so long and thanks for all the fish" trade, a new mystery chart, and a not "dead money" trade. He also presents a trade...   READ MORE 

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The Wisdom of Jesse Livermore, Part 8

The Wisdom of Jesse Livermore, Part 8

In this week's edition of Trading Simplified, Dave shows his methodology in action with a "free rolling" big winner, a potential winner in the making, and a new mystery chart. He then continues his series on the wisdom of Jesse Livermore, examining the "big pull&...   READ MORE 

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The Wisdom of Jesse Livermore, Part 7

The Wisdom of Jesse Livermore, Part 7

In this week's edition of Trading Simplified, Dave shows his methodology in action with a recent "better-than-a-poke-in-the-eye" crypto trade and an open stock position where he's "free rolling", which is the secret to longer-term trading success. He then resumed his series on...   READ MORE 

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The Wisdom of Jesse Livermore, Part 6

The Wisdom of Jesse Livermore, Part 6

In this week's edition of Trading Simplified, Dave shows his methodology in action with a recent crypto and stock trade, where he's "free rolling," which he notes is the secret to longer-term trading success. He then resumes his series on the wisdom of Jesse...   READ MORE 

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The Wisdom of Jesse Livermore, Part 5

The Wisdom of Jesse Livermore, Part 5

In this week's edition of Trading Simplified, Dave shows his methodology in action with a recent Crypto trade where he's "free rolling." He also discusses how that's the secret to longer-term trading success. He then resumes his series on the wisdom of...   READ MORE 

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The Wisdom of Jesse Livermore, Part 4

The Wisdom of Jesse Livermore, Part 4

In this week's edition of Trading Simplified, Dave shows his methodology in action by showing a recent stock pick that he believes has tremendous potential. He then continues his series on the wisdom of Jesse Livermore. This week, he focuses on the fact that you must be patient...   READ MORE 

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The Wisdom of Jesse Livermore, Part 3

The Wisdom of Jesse Livermore, Part 3

In this week's edition of Trading Simplified, Dave continues his series on "The Wisdom of Jesse Livermore", starting by discussing the fact that one of Livermore's blow-ups stemmed from not realizing how the game had changed. Dave also covered many other lessons such as...   READ MORE 

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The Wisdom of Jesse Livermore, Part 2

The Wisdom of Jesse Livermore, Part 2

In this week's edition of Trading Simplified, Dave shows his methodology in action by walking through the ups and downs of a recent trade and why you must follow your trading plan through thick and thin. He also introduced a new mystery chart that shows promise. He then...   READ MORE 

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A Day in the Life of a Trader

A Day in the Life of a Trader

Have you ever wondered what a trader does during a trading day? This is the episode for you! In this week's edition of Trading Simplified, Dave walks you through his daily routine, from waking up until bedtime. He also shares a setup that triggered in his "Methodology...   READ MORE 

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The Wisdom of Livermore, Part 1

The Wisdom of Livermore, Part 1

Jesse Livermore is one of the most famous (and infamous) traders of all time. In his classic (written under a pen name) Reminiscences of a Stock Operator, he tells his story of how he became a successful trader. Livermore's focus on price and human nature made him a...   READ MORE 

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Choppy Markets Require Patience

Choppy Markets Require Patience

In this week's edition of Trading Simplified, Dave delves into why traders need patience, especially during less-than-ideal conditions. He discusses the fact that patience "gets used up" and why we must be vigilant not to give into temptations such as boredom, wants, needs, and other extraneous...   READ MORE 

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Managing Fear and Expectations

Managing Fear and Expectations

All trades, no matter how well thought out, have the potential to end in a loss. Therefore, we must manage our expectations and be willing to accept risk and fear as part of the trading process. In this week's edition of Trading Simplified, Dave discusses ways to deal...   READ MORE 

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Closing the Potential Gap

Closing the Potential Gap

There's a big gap between your performance with your methodology and your methodology's potential. In this week's edition of Trading Simplified, Dave introduces you to what might be keeping you from reaching your full potential. Spoiler alert: It's you! Dave then gets...   READ MORE 

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Accepting & Closing the Knowledge Gap

Accepting & Closing the Knowledge Gap

A knowledge gap will leave you to believe that if you only knew more, you wouldn't have losing trades. Sometimes even the best setups fail miserably. Other times, your methodology is valid, but your stock (or other market) selection could use a little improvement. In this week'...   READ MORE 

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The War of Art (and Trading)

The War of Art (and Trading)

If you trade, you must deal with bad times to get to the good. In this week's edition of Trading Simplified, Dave discusses how Steven Pressfield's "War Of Art" can help you to cope with these less-than-ideal conditions, and how you must continue to...   READ MORE 

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It's Not About the Crypto, Part 2

It's Not About the Crypto, Part 2

In this week's edition of Trading Simplified, Dave continues to show his methodology in action by revealing an old mystery chart and adding a new one. He answers crypto questions on the 2/30EMA System and volume. Then, continuing his discussion on Crypto, he explains that it'...   READ MORE 

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It's Not About the Crypto

It's Not About the Crypto

If you want to be a trader, you only need to do two things: seek out trends and figure out how to get aboard them-nothing more, nothing less. You cannot "confuse the issue with facts" by interjecting logic or reasoning. A market might be a bubble, but bubbles...   READ MORE 

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How Markets Really Work

How Markets Really Work

In this week's edition of Trading Simplified, Dave jumps right into his "Mind The Trade" segment with a discussion on how markets really work. He then explains how embracing your own emotional nature can help you to wrap your head around the emotional nature of the...   READ MORE 

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Real Trading Techniques for Real Traders

Real Trading Techniques for Real Traders

In this week's edition of Trading Simplified, Dave talks about real trading techniques for real traders, using real trades. He begins with a new mystery chart, explaining his Double Top Knockout Setup. He then continues his "Next 100" trades, noting updates to his open positions, discussing...   READ MORE 

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Are You Being Churchill or Einstein?

Are You Being Churchill or Einstein?

Trading will make you question whether you are being Churchill's definition of success or Einstein's definition of insanity. Thus, the Einstein vs. Churchill argument. In this week's edition of Trading Simplified, Dave continues his discussion on his next 100 trades and presents an update...   READ MORE 

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Is Your Trading Stuck in "The Maze"?

Is Your Trading Stuck in "The Maze"?

Traders often get stuck in "the maze," trading in lackluster markets or pick mediocre setups. They might also trade for excitement, not honor their stops, micromanage themselves soon-to-be great setups, and a host of other bad behaviors. In this week's edition of Trading Simplified, Dave begins...   READ MORE 

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Putting the Theory into Practice

Putting the Theory into Practice

On this week's edition of Trading Simplified, Dave notes that, while there are plenty of books on trading filled with great setups, most are missing how to actually put the theory into action. With this in mind, Dave shows you two new mystery charts (and one that'...   READ MORE 

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Be Ready for the Next Bull Market, Part 2

Be Ready for the Next Bull Market, Part 2

On this week's edition of Trading Simplified, Dave continues his discussion on getting ready for the next bull market. This week, he elaborates on trading emerging trends, with a focus on his First Thrust, Bowties, and First Kiss After Daylight setups. For his methodology in action, he shows...   READ MORE 

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Be Ready for the Next Bull Market

Be Ready for the Next Bull Market

On this week's edition of Trading Simplified, Dave shows his methodology in action with a freshly triggered setup--a stock that will become part of his "Next 100 Trades" segment. Dave then goes on to discuss how, while the best time to learn about avoiding bear markets...   READ MORE 

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Super Simple System for Crypto

Super Simple System for Crypto

On this week's edition of Trading Simplified, Dave talks about how his methodology involves being patient and doing your homework, even when conditions aren't fantastic and you're waiting for setups/entries. He then shows a simple system for Crypto and other markets using live...   READ MORE 

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Market Timing - Where are We Now?

Market Timing - Where are We Now?

On this week's edition of Trading Simplified, Dave discusses where we are based on market timing and shorter-term signals to watch for--signals that that would suggest the beginning of a bottom. He also presents his methodology in action by revealing a mystery chart and showing a new one....   READ MORE 

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Better Manage Your Expectations

Better Manage Your Expectations

On this week's edition of Trading Simplified, Dave continues to show his methodology in action with a new mystery chart. In his "Mind the Trade" segment, Dave discusses why you must manage your expectations when trading. He then continued his discussion on "your mind on...   READ MORE 

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You Better Know Your Nuances

You Better Know Your Nuances

On this week's edition of Trading Simplified, given the nature of the markets, Dave thought it would be a good time to dive deeper into the topic of methodology. You must know the nuances of your methodology and more importantly, be willing to live with them. Using his...   READ MORE