Words of Rizdom - Trading Podcast

Taking 100’s of Trades a DAY Is EASY - 40 Year Trading Veteran

Oct 20, 2025
Guest
Tom Sosnoff
Tom Sosnoff, a 40+ year trading veteran and co-founder of Thinkorswim and Tastytrade, dives into the art of trading with infectious enthusiasm. He shares his habit of making over 100 trades daily, declaring it a compulsion. Tom debunks the myth of political market insight, emphasizes the importance of CEOs understanding trading, and discusses creating retail-friendly platforms. He advocates for a mechanical trading process, warns about common pitfalls, and stresses the value of consistency and longevity in trading success.
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ADVICE

Use Goodwill As A Business Model

  • Build products around the retail customer and give away knowledge to earn goodwill.
  • Use transparency and generous education as a sustainable business model.
INSIGHT

Repetition Makes Complexity Manageable

  • Managing hundreds of positions becomes simple through repetition and scale.
  • The real challenge is staying focused and not getting too broad in scope.
ANECDOTE

From Studio To Largest Digital Network

  • Tom and his team launched Tasty Trade to replace guess-driven financial media with math-based content.
  • They grew from a small studio to the largest digital financial network by focusing on quantitative education.
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