Chat With Traders

Kyle Ng, known as JadeCap, is an accomplished Forex and futures trader who holds the record for the largest prop firm payouts. He shares his evolution from struggling academically to mastering trading with patience and discipline. The conversation dives into the importance of risk management and adapting strategies in volatile markets. Ng discusses the mental hurdles of trading, the shift to a long-term mindset, and the advantages of using prop firms to maximize returns while managing risks. His journey is a testament to resilience and strategic growth.

In this conversation, Chris Vermeulen, a seasoned position trader with over two decades of experience, shares his transformative journey from a captivated youth to an expert strategist. He delves into his evolution from day trading to a more calculated approach, emphasizing the significance of patience and understanding market cycles. Chris highlights the role of Fibonacci in trading, the emotional challenges faced during tumultuous periods like the 2008 financial crisis, and offers insights on interpreting market trends through asset flows. His calm, disciplined methodology challenges traditional trading practices.

Dylan Maltman, an intraday futures and forex trader and founder of Apex Capital Management, shares his journey from a high school presentation to mastering the markets. He highlights the critical role of order flow analysis and robust backtesting in developing effective trading strategies. Dylan warns against over-optimization and emphasizes the need for systematic approaches in trading. He also discusses the importance of balancing ambition with mental well-being, showcasing how self-criticism can fuel growth while maintaining enjoyment in trading.

Erik Smolinski, a Marine veteran and accomplished options trader, shares his insights into the world of trading, particularly focused on earnings volatility. He delves into debunking myths around options trading, emphasizing adaptability and consistency. Erik discusses strategies like calendar spreads, the importance of understanding implied volatility, and the psychological aspects of trading versus equities. He also explores the innovative blend of AI in trading and the rise of prop trading firms, offering valuable tips to enhance profitability and confidence in one’s trading journey.

Patrick Petersson, a retired professional trader with two decades of experience, shares his journey from solo trading to mentoring aspiring traders. He discusses the psychological challenges traders face today and the critical role of community support. Patrick addresses the divide between traders using personal capital versus those in prop firms and emphasizes the need for clearer trading education. He also highlights innovative investment strategies and advocates for patience and discipline, aiming to empower traders to achieve financial independence.

Michael Martin, a professional futures trader with over 30 years of experience, shares his insights on the crucial role of emotional intelligence and risk management in trading. He discusses his rise from a blue-collar background to Wall Street, emphasizing the importance of psychological resilience in navigating the trading landscape. Topics include strategic trading with progressive exposure, the impact of younger traders, and the necessity of structured regulations in cryptocurrency. Michael also relates trading lessons to broader life principles, advocating for self-awareness and perseverance.

Christian Mayer, with an institutional trading background, transitioned from equities to forex, focusing on fixed sized mean-reversion strategies with fundamental correlations where structural edge is statistically likely. His initial losses led him to a research and systematic-driven approach, and back testing. He trades with fixed position sizes, wide stop losses, and avoids compounding to minimize exposure to fat-tail risks and black swan events. Emotionally disciplined yet honest about the psychological strain of prolonged drawdowns, Christian blends rigorous quantitative methods with thoughtful strategy design. With a successful track record, including a second-place finish in one of the World Cup Trading Championships in the Forex category, he also created GlobalFXanalytics.com to respond to the demands of traders wanting to understand more about his forex strategy and view his strategy’s performance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Cody Yeh, a Canadian entrepreneur and investor, shares his journey from engineering to full-time trading success. He discusses the ins and outs of options trading and emphasizes risk management and diversification as key to financial stability. With insights into market volatility, Cody debunks misconceptions about passive income in trading and highlights the value of community over solitary trading. His experience during the meme stock craze serves as a reminder to prioritize long-term strategies amid market noise.

Few people understand the minds of traders like Dr. Brett Steenbarger. As a psychologist who trades actively himself, he brings a rare combination of clinical expertise and practical experience to the world of financial markets.You might know him from his dynamic presentations at SMB Capital, where he breaks down the psychology of trading with remarkable clarity. His willingness to evolve his views over the years through his extensive work with professional traders and hedge fund portfolio managers, has shaped his own trading approach too. His upcoming book, "Positive Trading Psychology," promises to share fresh perspectives drawn from these years of experience. Set for release this year, it adds to his already impressive collection of articles and books that have helped countless traders understand the psychological dimensions of market success. Learn more about your ad choices. Visit megaphone.fm/adchoices

Steve Ruffley, a professional retail trader and author of "The Pro Retail Trader", shares his exhilarating journey from a high-octane trading floor to retail success. He discusses the importance of mastering market dynamics, including trading spikes and pullbacks. Steve emphasizes that risk isn't a dirty word and talks about the psychological challenges in trading, including confidence and decision-making. He also highlights the significance of timing and emotional management while navigating the unpredictable landscape of financial markets.