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About Larry
Larry Pesavento is president of Trading Tutor and a 45-year veteran trader. He managed Drexel Burnham Lambert's commodity department from 1976 to 1981. Following this, Mr. Pesavento became a floor trader at the Chicago Mercantile Exchange, trading S&P futures, T-Bills, gold, and foreign currencies until 1984, then he traded for Commodity Corporation of Princeton, New Jersey, until 1986. He has trained more than 1000 students, in the US and abroad, over the past 25 years and maintains a vast library of books on trading. As the author of 10 textbooks on trading, he describes the evolution of his discovery of the steps necessary to become a successful trader. Each year, Mr. Pesavento speaks to hundreds of traders and is a guest lecturer for many different investment programs, including radio, Internet, and universities, both in the US and the Far East. He uses a pattern recognition system of swing trading that employs swing ratio analysis along with cyclical analysis; focusing on risk control is the key to this system.
Larry's Articles
Trader and author Larry Pesavento of Trading Tutor discusses the four critical Fibonacci ratios he uses in his trading, and why buying into weakness or selling into strength is important.
Larry Pesavento
TRADING TOOLS
Larry's Videos
A former floor trader with seven decades of trading experience (1960-2022) will share his trading tools and risk control methodology. In an age of tweets, you've been outmoded. In 2022, the price action in Financial Markets is controlled by algorithms, making it much more difficult for you to make money. It's like going to war holding a hammer against an army equipped with M4 carbines, and for most who try, it's death by a thousand cuts. Most traders using ABCD patterns and ratios see only entry and stop mechanisms, completely missing out on the two biggest edges of all, hidden in plain sight. In financial markets, it's not what you think that matters; it's how you think.
Larry Pesavento
TRADING
40:25
When the volatility increases most traders will go long gold and sell short the indexes. 95% are going to lose. On June 13th, 2020 join Larry Pesavento for a 30-minute webinar and learn how to survive and thrive in the coming bear market.
Larry Pesavento
STRATEGIES
Larry's Courses
Larry's Books
Larry Pesavento
Trade What You See: How To Profit from Pattern Recognition
Trading the financial markets is extremely difficult, but with the right approach, traders can achieve success. Nobody knows this better than authors Larry Pesavento and Leslie Jouflas, both traders and educators of traders, who have consistently used pattern recognition to capture profits from the markets.
Larry Pesavento
A Trader's Guide to Financial Astrology: Forecasting Market Cycles Using Planetary and Lunar Movements
A Trader's Guide to Financial Astrology is the definitive guide to trading market cycles based on astrological data. Written by a highly-respected technical analyst, this book makes the connection between the movements of planets and the volatility of the market.