Chat With Traders

Greg Magadini began his career as a proprietary trader for DRW Trading and Chopper Trading in Chicago and traded with SMB Capital as well. He later took a bold step, venturing out to trade his own book, bootstrapping crypto volatility with options and turning $50,000 into a staggering $1.3 million in consistent profits over nine years. In addition to his trading success, Greg co-founded Genesis Vo...

We often hear that having “Discipline” is the key to trading success. But many of us traders continue to struggle developing discipline and good habits for trading no matter how hard and how long we’ve tried. Could there be a deeper reason for this? As fellow human traders, we are commonly faced with our own programming that we are often unaware of. In this special episode, Sam Daghash, a professi...

Michael shares his journey from aspiring NFL athlete to successful day trader. After a sports injury dashed his football dreams, he turned to day trading, teaching himself the ropes and overcoming early financial losses with the encouragement of his entrepreneurial mother. His trading strategy evolved over the years, focusing on short-selling highly volatile small-cap stocks after discovering his...

Tony Greer, a Long Island native, ventured into Wall Street trading inspired by his father. With a background in business management from Cornell University, he honed his skills at Sumitomo Bank, UBS, and Goldman Sachs. He and his team meticulously diagrammed every aspect of the markets, from liquidity to potential swings, which allowed him to exploit edges in his trading playbooks. Running multip...

Starting in classical violin and computer programming, Marsten Parker's path took a transformative turn when he ventured into trading. Despite a rocky start, his disciplined, algorithm-driven approach led to consistent returns, earning him recognition in Jack Schwager's book, "Unknown Market Wizards". We get to learn about his transition from discretionary trading to systematic trading, emphasizin...

Trading commodities since 14 years old, Professor Hanke started learning the importance of closely following macro economic factors which impact the prices of currencies, commodities and consumer goods. His evidence-based approach uncovers the deeper forces driving inflation and market fluctuations and challenges prevailing narratives as it relates to economics. By exploring macro topics often ove...

Saad Filali, worked for Goldman Sachs, specializing in Mergers and Acquisitions, then left and became a Trader. Understanding the thinking and trading styles of the many different market players is key to his trading, including those of institutions, sell side brokers, CTA’s, retail, and meme stock traders. Studying how they trade the volatility and news releases helps Saad to predict market movem...

Unlock the secrets to superior mental sharpness and explore groundbreaking strategies to boost your cognitive function, from nutrition hacks and exercise tips to innovative biohacking techniques. Ben Greenfield, a renowned expert in the health and fitness sphere, reveals his top methods for optimizing brain health. Whether you seek to enhance focus, memory, or overall brain power, this discussion...

The lure of the markets seduced a successful musician into full time trading at a prop firm. Collaborating with other traders, Garrett Drinon learned the market signals, and other ingredients which go into great setups. Wanting to expand his reach, he uses his programming skills to create new algos which help him and his colleagues find the Unicorns and manage a larger portfolio than he could norm...

As a risk officer with the Chicago Mercantile Exchange, Will Gogolak was setting margin requirements and saw a wide variety of traders’ accounts and what separated the winning traders from the losing ones, before leaving to pursue his own trading and obtaining a PHD in finance and share his knowledge of quantitative analysis and market experience with students at Carnegie Mellon University. Combin...

Experiencing the noticeable communication differences between his childhood culture and his new home in the U.S., William Lam was driven to become aware of how his limiting thoughts imprinted from his family drove unhealthy unconscious actions. Learning how to shape his mental thought process played key roles in fulfilling big desires and creating a richer life. Hear how our minds are like operati...

A humble beginning as a gopher in the intense trading pits of Japanese warrants was shocking for Gary Norden when he was a teenager. As this volatile market was beginning its meltdown, Gary saw how easily star traders lost immense amounts of money as past overconfidence and sloppy risk control undid their previous gains. This impressed upon Gary the importance of a risk averse stance to keep himse...

James is the co-founder and Chief Investment Officer of Azoria Partners, a global macro investment firm. Prior to Azoria, he served as the Head of Macro at Greenlight Capital, a two-billion-dollar hedge fund led by David Einhorn. He is also the founder of Incubate Debate, America’s fastest-growing high school debate league. As a former national high school debate champion and volunteer debate coac...

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Growing up poor and living in violent neighborhoods didn’t stop Erik Smolinski from being motivated and curious. Erik only needed to hear a few words about investing including the power of compounding from his high school instructor to light the passion and determination to take ACTION. The discipline, responsibility, accountability, and patience he cultivated as a Marine Corp officer strengthened...

Experiencing the brutal bear market of 1973-74 impressed upon Tom the necessity to find ways to hedge risk. This began a multi year long quest to find the right combination of uncorrelated assets, technical indicators and adjust the weightings as needed to provide enough protection to fill in the potholes of equity drawdowns while retaining the bulk of upside potential. Having a sweet balance betw...

Every now and then, we like to switch things up and take a break from our usual program. Today, we present a special episode for that purpose. So, what keeps you in the trading game? The voices you hear in the podcast introduction belong to our listeners from all over the world. We share these voices with you because we believe you will be able to relate to them, just as we do. These voices mirror...

The shock of his first major losing year in 2004 as a discretionary trader, propelled Rob Hanna to find quantifiable statistical advantages that would help mitigate the fluctuations in his equity curves. Knowing the dangers of curve fitting, in trying to find that ‘perfect’ system, Rob zeroed in on simpler approaches that would combine seasonality, overbought, oversold and Federal Reserve days. Th...

Paying to take and pass the Series 7 license as a teenager in the 1980’s led Bryan Holdford into the high commission world of stocks and options without mentors or the internet. Starting with investment newspapers Bryan tried many trading ideas without any risk controls. Despite frequent and numerous losses, he was hooked on the game of trading. Obsessive determination drives him to stay in the ga...

Stinging losses with mutual funds in 2008 drove Dan to become an active manager of his portfolio. Enticed by the legalization prospects of marijuana, he dived into learning the fundamentals and technicals of the sector. Learning how these stocks traded relative to each other, he cultivated an awareness of the correlations between these companies. These interrelationships would later be applied to...

An engineer at the core, Mark Bennell, a Private Trader who has been trading full-time for 15 years breaks down what it really means to “Treat Trading As a Business” and why this mindset was incredibly important in turning his trading around and why it has kept him in the game for this long. About Mark Bennell Mark Bennell is a Private Trader who has been trading for the last 18 years, 15 of those...

Seeing and feeling the intensity and chaos of the trading pits back in the 1980’s, Pete knew immediately that trading was the career he had to have. Starting as a floor runner making $5/hr to later trading full time for a living Pete discovered the importance of finding stocks with relative strength during the bear market of 2002. Pete uses a top down 3 step methodical process which helps him zero...

Growing up poor in the Philippines, Gabriel sought a way to supplement his income. Dealing with the emotional challenges of giving up his profits in his long-term positions, he switched to trading to have a sense of greater control of the outcome. Starting out using many technical indicators, he later switched to just price action as it gave less false signals. After blowing up several accounts, h...

Seeking financial opportunities overseas just before the Great Financial Crises, Andres Granger was motivated to learn how to trade after falling victim to a Ponzi-like trading scheme. He worked hard and diligently studied order flow and scalping while trading Futures in different markets. Later, he was introduced to crypto through a prop firm, where he honed his skills to exploit large market ine...

This is a special episode of a recording of a recent discussion that occurred within the Chat With Traders Community on a Zoom call. The discussion centers around Henrik Johansson, a beginner fellow trader, who embarked on a journey to obtain funding from a proprietary trading firm within a 60-day timeframe. Patrick Petersson leads the conversation with Henrik. If you recall, Patrick was a guest o...