“Beyond the PDT” Podcast Host - Matt Monaco Interview

We met with Matt over 9 months ago, and, funny enough, I didn’t know who he was at first despite listening to his show. 

Matt found out about trading when he was in high school. He started trading in the summer of 2017 after the freshman year of college (he studies software engineering); his parents helped him to join the Tim Sykes challenge. 2 years later, November 2019 was his best month yet.

Matt switched to big caps despite starting with the small caps as he didn’t like the volatility and the fact that one loss could easily wipe out multiple wins. We talked about the benefits of trading big caps such as easy and reliable automation, low chance of sliding, and generally slower pace that allows traders to make rational decisions instead of acting impulsively.

Matt shared his plans for May 2020 when he graduates. We talked about the benefits of trading part-time, and how spending less time in front of the screen makes you a more disciplined trader.

We chatted about the biggest challenge Matt faces when trading and his plan to work on it. We also talked about his accomplishments - this student trader has already managed to get over the PDT by trading and working hard during his internship while going through the senior year of college.

Watch the full interview to see what ticker we both successfully traded the week before. Check out his podcast Beyond The PDT on your favorite podcast platform! as I will be appearing there shortly.