Wed, 26 October 2016
Nico (@InefficientMrkt on Twitter) is a day trader with a thirst for momentum. He predominately trades low-priced stocks that have a tendency to move fast and far—and roughly 90% of his positions are on the short side.
But the main reason why I brought Nico onto the podcast, is I feel as though he has a story which many traders will be able to relate to, on one level or another…
The short of it is; Nico placed his first trade in 2007, made 4x on his starting capital year one, and then slowly bleed his trading account for the next seven years. He’s now found his groove, but his overnight success was eight years in the making.
This episode is very much centered around Nico’s journey and development as a trader, and how full-time trading became more than a pipe dream.
Direct download: 096_An_eight_year_overnight_success_story_and_a_thirst_for_momentum_w__Nico.mp3
Category:trading -- posted at: 5:23pm EDT
Wed, 19 October 2016
For this episode, the trader who I had the opportunity to speak with, and who you’re about to hear from, is Adrian—or @AdeyF69 on Twitter.
Adrian was a pro sailor for almost two decades, but for the past six years, he’s been on dry land, taking an income from financial markets as an independent day trader.
Adrian primarily trades the Bund and the DAX, though he initially started out in foreign exchange. His trading strategy is influenced by support and resistance areas, volume profiling, order flow, and stats.
After talking about how Adrian’s survived storms at sea, torturous sleeping patterns, and run-ins with pirates, we spend a fair amount of time discussing; how Adrian uses stats and some things to watch out for, and why it pays to be process driven.
Direct download: 095_Why_it_pays_to_be_relentlessly_process_driven_and_when_stats_count_w__Adrian.mp3
Category:trading -- posted at: 7:06pm EDT
Wed, 12 October 2016
My guest on this episode is a former-stand up comedian, turned questionable stockbroker, turned day trader—folks, I’d like you to meet, Kenny Glick.
During the 90’s, Kenny went from the stages of comedy clubs into a hyper-aggressive brokerage firm, which he describes as being identical to scenes from the movie, Boiler Room—and he has some wild stories to share, which you’ll hear very soon.
Once Kenny realized his morals were getting in the way of his ability peddle junk stocks, he went on to pursue a career in trading stocks and options. And that’s, also, what we go into detail about during this episode.
Additionally, you’ll pick up some simple chunks of wisdom which you can apply to your own way of trading—if you choose to.
Direct download: 094_Shady_tales_from_a_real-life_Boiler_Room_and_things_profitable_traders_do_w__Kenny_Glick.mp3
Category:trading -- posted at: 6:37pm EDT
Wed, 5 October 2016
What you’re about to hear is a conversation I had with a short-term futures trader, Ben—whose last name we won’t mention only for privacy reasons, but he goes by @BLB_Capital on Twitter.
Before entering the market, Ben previously ran a construction company until an injury put him out of action for a period of time, which is when a friend got him interested in trading. Developing his craft over recent years, the bulk of Ben’s trading now revolves around order flow and he’s most active in Oil, Gold and ES.
Over the next 50-mins or so we discuss; what Ben learned and emulated from a large bond trader he was trained by, insight to his core trading strategies, how he utilizes automation, why traders should be aware of “right-to-left syndrome” and more.
Sponsored by Darwinex.com: Darwinex back independent traders with talent who lack sufficient capital—scale your trading career from a side-hustle to a professional business.
Direct download: 093_What_an_order_flow_fanatic_adapted_from_one_of_the_big_boysBen_BLB_Capital.mp3
Category:trading -- posted at: 7:07pm EDT