Chat With Traders

James Fishback, former Head of Macro at Greenlight Capital, discusses fresh perspectives on the economy and markets, the ineffectiveness of interest rate hikes by the Fed, the difficulty in bringing down inflation, investing in AI, and the US economy outlook for 2024.

Hosts express gratitude to trading community, reflect on the year, discuss importance of being present and slowing down during holidays. Excitement for upcoming interviews in 2024 and offer complimentary access to Chat with Traders community.

Erik Smolinski, Marine Corps officer turned successful trader, shares his journey from a difficult upbringing to investing. He emphasizes the power of discipline, perseverance, and proactive planning in trading. Erik discusses his effective use of derivative strategies, the importance of having a comprehensive trading plan, and the significance of balancing risk and returns.

Tom Basso shares his journey in finding the right balance between risk and reward in the financial markets. He discusses his experience predicting and surviving the 1987 market crash, strategies for handling drawdowns and market conditions, and the relationship between economics and trading. Basso also emphasizes the importance of blending different strategies, managing positions, and using indicators to adjust for inflation and increased volatility.

This podcast explores what keeps traders in the game, touching on motivations, overcoming obstacles, trading strategies, learning from failure, and the significance of habits and health in trading.

Guest Rob Hanna, a discretionary trader, shares his journey of developing a system to reduce anxiety and drawdowns in trading. He discusses the importance of quantitative analysis, market bias, and the challenges faced by quants. The podcast also explores the impact of Fed Days on the stock market, analyzing indicators like RSI, and the significance of CVI readings and VIX levels. Additionally, it highlights the next steps in quant trading and emphasizes the importance of testing trading ideas.

Experienced trader Bryan Holdford shares his journey from early losses to finding success in trading. They discuss the importance of loss control, the lack of support in trading, and the psychology of the market. They reflect on early trading experiences and lessons learned. They also touch on the live trading room, loss control strategies, position sizing and deployment, and the importance of being open-minded and avoiding confirmation bias.

Dan McDermitt, an experienced investor, dives into the correlations between stocks in the marijuana sector and applies this knowledge to large cap stocks, Commodities, and Crypto across different time frames. He discusses the importance of mental flexibility in trading and identifying both Bull and Bear signs. The podcast also delves into analyzing different timeframes in trading, identifying bubble markets, the role of social media in trading, and the correlations between Dollar, Gold, and Crypto. The speaker emphasizes the significance of understanding one's thoughts and emotions in trading and finding balance for sustainability.

Guest Mark Bennell, a private trader with 15 years of full-time trading experience, discusses the importance of treating trading as a business. He shares his early trading strategies, challenges faced, and the need for discipline. They explore why trading is not taken seriously and emphasize the importance of creating trading plans and routines. The concept of SWOT analysis is discussed, along with current trading strategies and struggles. Mark also shares his contact information for trading workshops.

Guest Peter Stolcers shares his journey from trading pits to successful trader, emphasizing the importance of understanding market conditions. Analyzing stock behavior in both bull and bear markets is discussed, along with the significance of market reactions and technical analysis. The responsible use of options and conservative trading strategies are explored, providing valuable insights for traders.