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008: Anand "Lucci" Sanghvi – Slinging PS3’s, Accumulating Millions, and Hard-Hitting Psychology Lessons

Chat With Traders

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The Prop Firm - What Was Your Next Move From There?

There was no regulation on proprietary trading firms back in the day. So as long as there was, let's say, an account with a few million bucks in it, ah, you know, there was a relationship with he brokerage that would allow you a significant leverage on that money. And then all of a sudden i came in one day a expecting to o, crank it out and make some si money, and i'm cut down to a hundred share lot,. That means like, my max p and l could be like 200 box ind alsodo. I didn't even know anything about option. There was a great time to swing our equities at that time.

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