AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Words of Rizdom
Professional Trader: Making Millions In Seconds As The Best Trader In The World
Dec 8, 2024
Lewis Borsellino, a former CME floor trader who made headlines with a $1.4 million trade in just 13 seconds, shares his journey from aspiring lawyer to trading legend. He dives into the emotional rollercoaster of trading, the chaotic dynamics of the floor, and the psychological hurdles traders face. Borsellino reveals the importance of risk management and mental discipline, paired with personal anecdotes from the 1987 market crash. He also discusses the shift to electronic trading and the evolving strategies required to navigate today's market challenges.
01:56:16
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The speaker's journey to trading success was shaped by personal tragedy and unexpected opportunities, illustrating the role of serendipity in life decisions.
- Trading involves navigating extreme highs and lows, highlighting the importance of emotional resilience amidst substantial financial risks and changes.
Deep dives
The Journey to Trading
The speaker describes his unconventional path to becoming a successful trader. Initially aiming to become a lawyer, his life dramatically changed after his father's murder, leading him to work at a trucking company and subsequently discovering trading through a chance encounter on a handball court. Introduced to the trading floor atmosphere, he was captivated by the energy and opportunity, which ultimately led him to be a trader on the floor of the Chicago Mercantile Exchange. His story highlights the role of both serendipity and personal determination in navigating life's unexpected turns.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode