Thu, 14 March 2019
Anthony is a proprietary futures trader from Sydney, with 10-years market experience. He's active—particularly during the night—in a range of products, such as; Australian and U.S. bonds, equity indices, currencies and a few commodities. While he's a click trader, Anthony is quite systematic with his processes and strategies—which are mostly trading spreads between correlated products.
Naturally, we speak about many things during this episode, but one of the highlights was hearing about how Anthony got himself into a six-figure drawdown and was able to claw it back in just one-month. We spend quite a bit of time breaking it down.
Anthony is also a budding podcaster, who hosts the show Minds of Motorsport. So, if you'd like to hear from people in the world of motorsport, be sure to give it a listen!
Direct download: 172_20Anthony20Riley20E2809320Clawing20back20a20six-figure20loss.mp3
Category:trading -- posted at: 6:20pm EDT
Fri, 15 February 2019
It’s with great pleasure that I introduce to you, Stan Gluzman; an intraday equities trader at proprietary trading firm Seven Points Capital. Stan also heads up a small team of junior traders at one of the firms’ additional offices—outside of New York—in Fort Lauderdale, Florida.
We discuss Stan’s path to consistent profitability as a prop trader, and then we get into specifics about the various strategies that Stan has traded in recent years—including the actual strategies that he implements today. I also ask Stan to share details about the various forms of analysis (statistical, fundamental and technical) that he uses to identify his best trading opportunities each day.
And if you like this episode, you should go back and listen to Mike Katz on episode 156. Because Mike’s the co-founder of Seven Points, and as you’ll hear, he was a mentor to Stan while he was still developing the skills to trade professionally.
Direct download: 171_20Stan20Gluzman20E2809320Raid20the20_money20box_.mp3
Category:trading -- posted at: 6:19pm EDT
Wed, 16 January 2019
170: Joshua Greenwald – The technology edge—how a team of options market makers found success in Asia
My guest on this episode is Joshua Greenwald, the CEO of a newly formed crypto derivatives exchange, LXDX. But the part that got me keen to speak with Josh, was the fact that he was a professional trader for more than 10-years prior…
Josh started his career at DRW Trading in Chicago, he then left after six years and went on to co-found Greenlight Trading—a proprietary firm specializing in low-latency options market making, almost exclusively for Asian markets. Greenlight grew to be a team of approximately 30-people, before it was acquired.
Over the next hour or so, we spoke a lot about Greenlight; the timeline from beginning development up to beginning to trade, the signals and the opportunities that they went after, and even the technology that they utilized (i.e. custom built FPGA chips).
Towards the end, we discuss what’s involved in starting an exchange, the functionality and features that are missing from most crypto exchanges but common in traditional markets. And how LXDX is using a security token offering for additional funding (not an endorsement).
Direct download: 170_20The20technology20edgeE28094how20a20team20of20options20market20makers20found20success20in20Asia20w_20Joshua20Greenwald.mp3
Category:trading -- posted at: 4:54pm EDT