You Don’t Have To Be Right, Right Now – Bill Baruch
Play • 34 min


Listen on —> iTunes


  1. Learning the Business before Trading
  2. You don’t have to be right, right now
  3. Technical & Fundamental Process
  4. Low Leverage & Use Options
  5. Trading Around Core Positions


Bill Baruch
President of Blue Line Futures

Record Date:  8/26/19

Rapid Fire:

Q. What Trader has influenced your life the most and why?
A. David Tepper

Q. What was one of the hardest things for you to overcome in Trading?
A. After making good money trading then giving a chunk back knowing that my process was wrong.

Q. How has your trading process evolved over the years?
A. Not having to be right, right now. Focusing more on longer term trading.

Q. What is one attribute that you believe every trader should have?
A. Patience

Q. Favorite Book about Trading?
A. Thinking in Bets – Annie Duke

Q. If you had to pick a profession other than trading, what would it be?
A. Farming

Q. What’s the best advice you’ve received about Trading?
A. Its ok to be wrong, but how long you’re staying wrong…that’s where it matters

Q. If you can give a piece of advice to the younger you, what would it be?
A. Learn more about Options…specifically the skew.

Q. If you had to elevator pitch me your edge trading, what would it be?
A. Strong top down fundamental approach, being able to look at the larger picture, identifying risk parameters and not having to be right, right now. 

Q. Favorite thing to do when not working?
A. Hang with family, golf, going for a run or going to the gym.

Bill Baruch’s Resources:

If you enjoyed this interview with Bill and the topics discussed — be sure to listen to these other episodes with
Donna Heidkamp & Jeff Roth  ~and~ Adam Collins

Echo Trading – Donna Heidkamp & Jeff Roth

Trade Using CoT Data — Adam Collins

Futures Radio is a weekly talk show hosted by 20-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony talks with traders, CEOs, and other proven market participants about relevant trading and investing information.

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