Band of Traders - Together We Trade

Joining the Roundtable this week is Perdue, along with regulars Baba Yaga and Mr. Banks from Vanta Trading for an in-depth discussion on fear and how to manage it, followed by a topic chosen by last week’s prediction winner. The Good, Bad and Ugly features more highs and lows than usual, and we cap off the episode with some new Bold Predictions, including one that shocked us all!Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About the Panelists:Baba Yaga:Solving problems, helping set goals and refining processes is the bulk of Baba's passion. He does that in many contexts, ranging from non-profits to real estate and everything in between. He focuses on market structure through the lens of TPO charting and executes based on volume, misplaced large orders and Delta. He loves the opening range breakout and typically trades the market from the "inside out."Follow Baba on TwitterQuarterly Theory TownhallMr. Banks:Working as a commercial banker and trading on the side helped Mr. Banks develop his trading style into what it is today. As a banker, his main thought is: “What’s the worst that can happen and how can I mitigate that risk?” Taking that same thought process into trading has made him focus more on his trade setups. Trade with confidence, trade what the market gives and limit the unknown factors. Follow Banks on TwitterPerdue:Meet Perdue, a resilient and successful small business owner who wears the hats of a dedicated father and husband with pride. Perdue's journey hasn't been paved with ease; instead, he is a testament to the belief in hard work, discipline, and the doggedpursuit of one's goals.Perdue is not just a successful business owner; he is also a seasoned trader with a diverse set of strategies. Countless hours spent backtesting and refining these strategies reflect his meticulous approach to trading. His dedication to mastering the craft positions him as a valuable contributor to the trading community. As a firm believer in the "Grind," Perdue chose to embrace putting in the work and serves as a example of how dedication and self-belief can propel you to great heights.A self-taught, no-nonsense trader, Perdue is unwaveringly supportive, but he doesn't sugarcoat the truth. His belief in discipline and hard work is not only evident in his own journey but extends to his interactions with others. When Perdue recognizes these qualities in fellow traders, he goes above and beyond to offer support, especially when they are navigating through challenges.Follow Perdue on TwitterNothing Left but Ashes - Book LinkAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This week’s guest, Chris Dover (HMFIC at Pollinate trading) discusses his journey into trading and the differences between discretionary and systematic trading. He emphasizes the importance of accumulating experience and knowledge before diving into discretionary trading. Chris also introduces the concept of market regimes and explains how to identify and analyze different market environments. He highlights the significance of understanding the underlying incentives of the markets being traded and the role of statistical tools in evaluating trading systems. Chris also shares insights on trading crypto, emphasizing the importance of technical analysis in and how it can be more effective due to the higher proportion of retail traders in the crypto space. He also explains the significance of predictable and repeatable patterns in trading and the need for realistic expectations. Chris encourages traders to focus on their own risk management and practice backtesting to improve their skills. He concludes by discussing the discipline and edge required in trading and his bullish outlook for the market.Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About Chris:Chris is a former US Marine, High Threat protection for US State Department personnel in Iraq and the President of Haiti. A self-taught programmer, Chris has traded since 1999 and implemented discretionary and algorithmic trading as a prop trader and running Pollinate Capital, a crypto hedge fund which returned +6400% in it’s 4 month life before returning profits to the partners.  Chris trades multi asset, multi strategy algorithms in Equities, Futures, Currencies and Crypto markets. Links:Pollinate Trading - Free NewsletterSubscribe to Chris’s YouTubeFollow Chris on TwitterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Joining the Roundtable this week is Baba Yaga and Mr. Banks from Vanta Trading for a deep dive on all things related to trading plans, followed by a discussion about dealing with losses (Thank you Cleo for the suggestion!). The Good, Bad and Ugly segment features more good than bad this week and as always, we cap off the episode with some new Bold Predictions, this time for the weekend slate of NFL playoff games!Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About the Panelists:Baba Yaga:Solving problems, helping set goals and refining processes is the bulk of Baba's passion. He does that in many contexts, ranging from non-profits to real estate and everything in between. He focuses on market structure through the lens of TPO charting and executes based on volume, misplaced large orders and Delta. He loves the opening range breakout and typically trades the market from the "inside out."Follow Baba on TwitterQuarterly Theory TownhallMr. Banks:Working as a commercial banker and trading on the side helped Mr. Banks develop his trading style into what it is today. As a banker, his main thought is: “What’s the worst that can happen and how can I mitigate that risk?” Taking that same thought process into trading has made him focus more on his trade setups. Trade with confidence, trade what the market gives and limit the unknown factors. Follow Banks on TwitterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Retail Capital returns to the shop to talk about his recent road trip in the United States and his extended stay in France, before discussing his new project, Trade with Retail. After that, RC shares the story of the day he lost $80,000 and how it changed his approach to risk management. He discusses the balance between manual trading and algorithmic trading and the importance of journaling in his trading journey.In this conversation, Retail Capital and Kyle discuss various aspects of trading, the struggle with patience, improving trading setups through analysis, goals for the year, and developing a bulletproof trading framework.Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About Retail Capital:Retail started trading a decade ago and has blown accounts while having a lot of fun, pain, and tears along the way. In 2022, he turned pro, a decision that has been the best choice he has ever made. He recognizes that he is far from being the greatest trader out there, but he loves what does and works every day towards becoming one of the best scalpers. Retail also has a passion for programming and he develops algos that trade live with real $. He mostly trade $NQ and $BTC (more recently).Links:Retail Capital SubstackTrade with Retail - PodcastFollow Retail on TwitterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Today’s summary provided by generative AI!In this episode, the hosts discuss various trading topics, including trading out of a hole and the differences between trading during bearish and bullish markets. They emphasize the importance of recognizing and managing emotions while trading and the need to have clear goals and strategies. The hosts also caution against reckless trading and chasing losses, highlighting the importance of patience and discipline. Overall, the conversation provides valuable insights into effective trading practices. The conversation covers topics such as understanding aggressive market moves, trusting your work, and narrowing the gap between preparation and execution. They discuss the importance of not getting distracted by flashy ads and the significance of taking liquidity and accomplishing goals. The conversation also delves into the concept of internal and external swing highs and the difference between daily and session highs. The hosts share their good, bad, and ugly moments of the week, and make bold predictions about their children's activities. Overall, the conversation provides insights into trading strategies and personal experiences in the market.Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About the Panelists:Baba Yaga:Solving problems, helping set goals and refining processes is the bulk of Baba's passion. He does that in many contexts, ranging from non-profits to real estate and everything in between. He focuses on market structure through the lens of TPO charting and executes based on volume, misplaced large orders and Delta. He loves the opening range breakout and typically trades the market from the "inside out."Follow Baba on TwitterTrade Review LinkMr. Banks:Working as a commercial banker and trading on the side helped Mr. Banks develop his trading style into what it is today. As a banker, his main thought is: “What’s the worst that can happen and how can I mitigate that risk?” Taking that same thought process into trading has made him focus more on his trade setups. Trade with confidence, trade what the market gives and limit the unknown factors. Follow Banks on TwitterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Sean Tepper, the founder and CEO of Tykr.com, is in the shop this week to share his journey into the stock market and the development of the Tykr platform. He emphasizes the importance of emotional control, patience, and courage in investing. Sean discusses his long-term value investing strategy and the significance of journaling and risk management. He also introduces the concept of the 4M score, which evaluates the margin of safety, meaning, moat, and management of a stock. Overall, Sean provides insights into successful investing and the features of the Tykr platform. He explains how Tykr calculates the fair value of a stock based on EPS growth rates and the margin of safety required for a stock to be considered on sale. Sean demonstrates how Tykr analyzes different aspects of a company, including its business model, revenue scalability, profitability, management, and employee satisfaction. Finally, Sean talks about his podcast, Payback Time, which focuses on building businesses and creating passive income.Claim your 14-day free trial at Tykr.com, or use promo code TOP50 to save 50% off the annual plans!Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About Sean:Sean Tepper is the Founder and CEO of Tykr, a software that helps people manage their own investments with confidence. He originally created Tykr as an Excel sheet in 2016 to save time with investing. After four years, he made consistent returns ranging between 15% and 50% per year. In 2019 he started sharing this Excel sheet with other investors and everyone asked “When are you going to turn this into a software to share with others?” Tykr took about one year to build and officially went live in 2020. Today, Tykr has over 8,000 customers in over 50 countries.Links:Tykr.com Website - Free 14 day Trial, 50% off annual plans with code TOP50!Payback Time - Sean’s PodcastFollow Sean on LinkedinAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Andrew Einhorn, CEO of Level Fields AI, stops by the shop to share his early trading experiences, his work in environmental studies and consulting, and how those experiences led to the creation of Level Fields AI and its event monitoring system. The conversation highlights the importance of events in shaping market behavior and the need for data-driven decision-making. A case study on the GameStop short squeeze demonstrates the power of event-driven analysis in trading and explores the role of activist investors in driving share price movement and company strategy. The use of AI in identifying successful activists and differentiating rumors from confirmed information is discussed, as well as the future of AI and its potential applications in various industries, such as healthcare and energy.Use Promo Code Band10 to save 10% off all plans at Levelfields.ai!Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About Andrew:Andrew Einhorn is the Chief Executive Officer and co-founder of LevelFields, an AI-driven fintech application that automates arduous investment research so investors can find opportunities faster and easier. His mission is to create AI tools that make advanced financial strategies effortless and accessible for all. With over 10 years of experience in building and leading technology and tech-enabled service firms, Andrew has a proven track record of delivering innovative solutions that solve real-world problems and generate value for customers and stakeholdersLinks:Levelfields Website(Promo Code: BAND10 for 10% off!)Andrews LinkedinAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Joining Kyle in the shop this week is Mr. Banks, Perdue and JoelMC finally makes an appearance on the roundtable! Due to the holidays, we kept things light and shared some of our favorite Christmas stories along with our New Year’s resolutions! Thank you to everyone who’s supported the show over the past 3+ years, and we wish you all a Happy Holiday Season!Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About the Panelists:Mr. Banks:Working as a commercial banker and trading on the side helped Mr. Banks develop his trading style into what it is today. As a banker, his main thought is: “What’s the worst that can happen and how can I mitigate that risk?” Taking that same thought process into trading has made him focus more on his trade setups. Trade with confidence, trade what the market gives and limit the unknown factors. Follow Banks on TwitterPerdue:Meet Perdue, a resilient and successful small business owner who wears the hats of a dedicated father and husband with pride. Perdue's journey hasn't been paved with ease; instead, he is a testament to the belief in hard work, discipline, and the doggedpursuit of one's goals.Perdue is not just a successful business owner; he is also a seasoned trader with a diverse set of strategies. Countless hours spent backtesting and refining these strategies reflect his meticulous approach to trading. His dedication to mastering the craft positions him as a valuable contributor to the trading community. As a firm believer in the "Grind," Perdue chose to embrace putting in the work and serves as a example of how dedication and self-belief can propel you to great heights.A self-taught, no-nonsense trader, Perdue is unwaveringly supportive, but he doesn't sugarcoat the truth. His belief in discipline and hard work is not only evident in his own journey but extends to his interactions with others. When Perdue recognizes these qualities in fellow traders, he goes above and beyond to offer support, especially when they are navigating through challenges. Follow Perdue on TwitterJoel MC:Meet Joel, a dedicated and aspiring trader who has not only been a crucial part of Kyle's support system but has also embraced the trading journey with unmatched enthusiasm. As a power lineman, husband, and proud father of two wonderful daughters, Joel brings a unique blend of kindness, support, and motivation to the Band of Traders community.Joel's venture into trading wasn't merely a financial pursuit; it was a desire to actively engage with the market beyond traditional buy-and-hold ETF investing. Trading, particularly in futures, became more than just a financial endeavor for Joel. It evolved into a genuine passion, a game he enjoys playing, regardless of the monetary outcomes.What sets Joel apart is not just his passion, but his willingness to open up and share his struggles. In the often-challenging landscape of trading, Joel's authenticity and transparency create a supportive environment within the Band of Traders community. Beyond the charts and numbers, Joel has discovered a sense of camaraderie that extends beyond mere acquaintances – to what he now considers a brotherhood.Follow Joel on TwitterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this conversation, Kyle and Eric review 2023 and the split opinions in the market before dissecting the cheap argument of recession. The conversation then shifts to bank health and delinquency rates, as well as inflation and the possibility of a soft landing. They also touch on currency trends in 2024, the Central African Franc, and the joke of BRICS. Finally, they discuss unrealized bond losses and the dominance of the US dollar before Eric wraps things up by emphasizing the importance of transparency and trust in managing pension funds.Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About Eric:Eric is a practicing labor economist, who currently works as a chief financial officer for the city of Quincy, Ma. His area of research focuses primarily on small business and macroeconomics trends. Eric has a special interest in historical economics, cliometrics and steers clear of ideological hardlines, preferring to use empirical analysis in his appearances.Links:theinformaleconomist.com - Eric Mason's WebsiteFollow Eric Mason on LinkedInPrevious Episodes with Eric MasonAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this conversation, Max Thomas, CEO of Traders Launch, discusses the challenges and successes of launching a prop firm. He emphasizes the importance of trading equities and the unique challenges it presents in the prop trading space. Max also highlights the value of data in augmenting traders' performance and shares insights on risk management strategies. He discusses the benefits of running prop challenges and competitions and the importance of maintaining a supportive community. Max also shares his disdain for the prop trading industry and offers advice for traders looking to sign up with a prop firm. The panelists highlight the value of simplicity in trading strategies and the dangers of overcomplicating them. They also discuss the challenges of data analysis and testing, as well as the importance of managing emotional highs and lows in trading. The episode concludes with a discussion on the difficulty of predicting trader behavior and the role of collective agreement in trading decisions.Join the Discord (ours or Trader’s Launch!) for access to the after-show recordings!Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About the Panelists:About Max:Max Thomas is the Co-Owner of Traders Launch. With a background in game development and a deep understanding of crowd behavioral dynamics, he ventured into the financial markets. Embracing a quantitative approach, he merges statistical methods with rules-based discretionary systems. Together with his co-founder, Connor Holly, they are on a mission to unlock new opportunities in the world of retail trading.Traders Launch - Website Link**Use our Affiliate Code 2BULLSPODCAST10 to save 10% on your purchase!**Follow Max on TwitterFollow Traders Launch on TwitterJoin the Trader’s Launch DiscordBaba Yaga:Solving problems, helping set goals and refining processes is the bulk of Baba's passion. He does that in many contexts, ranging from non-profits to real estate and everything in between. He focuses on market structure through the lens of TPO charting and executes based on volume, misplaced large orders and Delta. He loves the opening range breakout and typically trades the market from the "inside out."Follow Baba on TwitterMr. Banks:Working as a commercial banker and trading on the side helped Mr. Banks develop his trading style into what it is today. As a banker, his main thought is: “What’s the worst that can happen and how can I mitigate that risk?” Taking that same thought process into trading has made him focus more on his trade setups. Trade with confidence, trade what the market gives and limit the unknown factors. Follow Banks on TwitterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy