The SimCast | TradingSim

Episode 2: Using the 8/21ema and the RDR with Scott Redler | TradingSim

Written by John McDowell | Oct 9, 2021 3:02:14 PM

 

In Episode 2 of The Simcast, we had the special honor of speaking with Scott Redler, aka Red Dog. Scott is a regular contributor to Fox Business and CNBC as well as the Chief Strategic Officer at T3Live.com. As a veteran in the industry, Scott brings a refreshing down-to-earth, simple way of dissecting the markets. Not only is he a master technician, he is a highly disciplined person.

Scott’s followers know him as the man who wakes up at 4 am, sharing his thoughts and plans for the trading day by around 6 am. He cuts no slack to those who come to trading unprepared.

Like his discipline in trading, his routine in life is equally as regimented. He’s a triathlete, an active father, and devoted husband. No matter the action during the trading day, you can find him on a Peloton or in the gym around lunchtime. He’s really got the holistic, balanced approach to being a professional trader down pat.

Scott Redler SimCast Topics and Free Materials

In this episode with Scott, we cover two of his more fundamental strategies with how to use the 8 and 21 exponential moving averages, as well as the Red Dog Reversal strategy.

Scott is always putting out great free content and mentions his two popular ebooks on the moving averages and Bitcoin in the podcast. Be sure to click the images below and download these here:

Scott Redler Simcast Free Ebook on Bitcoin
Redler Free Ebook on Moving Averages

 

SimCast Timestamps

Please note that exact times may vary:

  • Intro
  • Scott’s Background & Discipline — 2:15
  • The Redler Daily Process — 4:46
  • Scott’s 8 & 21 moving averages — 9:42
  • The Red Dog Reversal — 17:00
  • Managing trades w/ Tiers — 26:40
  • The Day Count Rule — 29:00
  • Bitcoin — 38:00
  • Outro — 43:30