Winning a Changing Game

Published on
March 12th, 2019
8 minutes

Winning a Changing Game

Mental Game of Trading ·
Featuring Rick Bensignor

Published on: March 12th, 2019 • Duration: 8 minutes

Rick Bensignor, CEO and founder of the Bensignor Group, explains the dangers of day trading in a market run by computers. He presents the case for why it’s important to look beyond fundamentals, and reveals why he likes trading at the extremes of market turning points.


  • JP
    Janusz P.
    14 March 2019 @ 18:38
    Seems to me like he has a very limited or wrong view of what „day trader” does. I will let him be the „yahoo” waiting for those entries at 2nd or 3rd standard deviation moves. I’m not even going to ask how well that strategy has been working out for him, for all I know traders trade their own accounts and the talking heads talk (or run advisory services). On to the next trade...
    • RB
      Rick B. | Contributor
      14 March 2019 @ 19:29
      I was a stock index, gold, silver, and cocoa pit trader for 12 years. I certainly do know what I’m talking about when it comes to day-trading. I stick by my comments: For most people, , it is a losing game these days. As per trading versus advising, I trade most of what I advise. In 2017, my formal recommendations returned 75.1% on invested capital. In 2018, they returned 24.3%. There is a good reason that so many funds pay me to help them manage risk on their portfolios as well as find them new out-of-consensus ideas to invest in. -Rick
  • AI
    Andrew I.
    13 March 2019 @ 01:11
    Smart man but content leaves a lot to be desired. "Don't daytrade," who is this advice intended for? You can't beat computers like you couldn't beat whales back in the 90's so you just rode with them. Algos are more consistent then humans will ever be which means they can be exploited. It's not easy, but nothing in life that is good comes easy.
  • MN
    Michael N.
    12 March 2019 @ 20:58
    Could listen to this guy all day, he really understands how the matrix works and how to operate within the changing framework,
  • lD
    lance D.
    12 March 2019 @ 16:19
    Good talking Ricky, come bk when you get time
  • OT
    Oliver T.
    12 March 2019 @ 15:10
    Nothing new here . Speaks a lot says nothing. Same rule applies that always has. Adapt or die
    • lD
      lance D.
      12 March 2019 @ 16:18
      it makes total sense I'm sure the rule does apply you obviously are familiar with the rule .. tel me do you follow the rule i imagine it takes discipline . if you aint following y?
  • CB
    C B.
    12 March 2019 @ 14:12
    Is the underpinning of the view that the bottom is in that the central banks have stepped in? Why else would the economic data stop spiraling down? I think that view that the bottom in needs some analysis