Wed, 27 January 2016
This week, I have a really interesting guest on the podcast; his name is Jesse, but in the Twittersphere he goes by @PsychoOnWallSt. (a play on the cult film American Psycho)
A couple things you should know about Jesse is; he made $500,000 in 90 days trading marijuana penny stocks, and then lost it all just as quickly – one wild story…
He went from part-time to full-time trading, and for now, has returned to part-time trading with the results confirming this was a profitable move. He describes his approach as a hybrid between a day trader and a swing trader.
And his motive for trading, is to one day open a fully-functional no-kill animal shelter – needless to say, I have a great amount of respect for Jesse.
All of these topics and more are covered in-depth during the interview. Plus, Jesse has also offered to answer any questions you may have for him at chatwithtraders.com/57. So go ahead and take advantage of this!
Direct download: 057_500_of_beginners_luck_and_how_to_thrive_as_a_part-time_trader_w__Jesse.mp3
Category:trading -- posted at: 6:01pm EDT
Wed, 20 January 2016
056: Matt Zimberg – The makeup of successful traders & observations from a veteran broker w/ Optimus Futures
This weeks guest is Matt Zimberg – the founder of Optimus Futures, a boutique brokerage firm.
Matt has been deeply involved in the business of trading since his early 20’s, and while he’s no longer an active trader – he is extremely insightful on the subject. Keeping in mind, he has extensive conversations with many traders every day; from absolute beginners to those trading 7-figure accounts and upwards.
In particular some of the topics we covered during this interview, include; the make-up of a successful trader, why professional trading should be boring (you hear it all the time, but Matt does a really great job of explaining WHY), some tips and pointers for selecting the right broker, and much more.
Direct download: 056_The_makeup_of_successful_traders__observations_from_a_veteran_broker_w__Matt_Zimberg_of_Optimus_Futures.mp3
Category:trading -- posted at: 6:20pm EDT
Wed, 13 January 2016
This week on the podcast I interview Nathan Michaud of Investors Underground.
Nate has been a day trader since 2003, and the stories from his first few years in the game are enough to make your head spin. After experiencing major highs and lows, both financially and psychologically (all covered during the interview), he’s gone from strength to strength playing small-cap momentum stocks.
Over the next 60 minutes you’ll learn about; Nate’s approach to fast moving stocks, the additional risks linked with short-selling, a smart way to scale up, the power of compounding, and heaps more.
For educational material and on-going support from the Investors Underground community, go to chatwithtraders.com/IU for a discounted rate.
Direct download: 055__Nathan_Michaud__Trading_momo_stocks_and_scaling_up_for_larger_gains_w__Investors_Underground.mp3
Category:trading -- posted at: 8:27pm EDT
Wed, 6 January 2016
To start the year with a bang, I have a very special guest on the podcast this week, who I’d like you to meet – his name is, Rishi Narang.
Rishi has an impressive background, and has been involved with financial markets for over 20 years now. He originally started out as an analyst at Citibank, prior to co-founding TradeWorx with his brother Manoj Narang (a fintech company, turned high-frequency hedge fund).
Since 2005, Rishi has been the Founding Principal at T2AM – a fund of funds, which specialize in short term quant trading strategies.
He’s also the author of Inside the Black Box, and was featured in a must-watch VPRO documentary titled ‘Money & Speed: Inside the Black Box’.
During our discussion (which went for well over an hour), we spoke about; the non-textbook definition of alpha, the components of a black box, where humans have an advantage over computers and vice-a-versa, and we also explore the subject of high frequency trading and speed.
Direct download: 054__Rishi_Narang__Components_of_a_black_box_humans_versus_computers_and_high_frequency_trading.mp3
Category:trading -- posted at: 6:36pm EDT