This episode won’t be for everyone… It contains no chatter about how to read charts, how to pick the direction of stocks, or even, how to handle your trading psyche. However, for some, this episode will spin minds and bend preconceived notions about trading. It shines a spotlight on what happens should you uncover a structural inefficiency that can be exploited, as was the case with today’s guest Moritz Seibert. Many know of Moritz as a trend following guy and someone with vested interests in th...
Sep 27, 2022•1 hr 11 min•Ep. 243
Today, we’re talking volatility with Kris Sidial, Chief Investment Officer at The Ambrus Group. His funds’ primary objective is to make outsized returns in the event of a market crash, and it therefore serves as a portfolio hedge for investors with heavily weighted long exposure. Kris tells of his prop trading roots, before going on to explain the long vol trade and positioning to profit from tail risk events. He also speaks to the other side of the equation; generating absolute returns in the m...
Sep 13, 2022•1 hr 2 min•Ep. 242
This episode consists of an extremely raw and unfiltered interview with veteran derivatives trader and self-proclaimed Merc Jerk, Jimmy Jude. As we rewind to the early 90’s, Jimmy relives the rough 'n tumble of CME’s Eurodollar options pit. Telling of power struggles, immense risk taking, and wisdoms gained from his peers. Jimmy also recounts some of the more notable—and chaotic—events he’s witnessed, such as; being front row to an $8-billion blow up in Nat Gas, when trading on the NYMEX floor. ...
Aug 29, 2022•1 hr 9 min•Ep. 241
Returning guest and options veteran John Carter has become increasingly aggressive with his trading tactics, and as a result, has booked a multitude of large profits during the past few years. In this sequel to the popular Episode 69, John speaks on having surpassed the career milestone of 30-years trading—and how it’s groomed him to maximize recent market opportunities that’ve been present. More specifically, John recaps a mega options trade ahead of GOOGL earnings, then proceeds to address; tr...
Aug 11, 2022•1 hr 2 min•Ep. 240
For this fourth episode in the My First Year Trading Full-Time series, we speak to retail trader Nicholas Bradburn. A few years ago, Nick innocently stumbled onto the infamous subreddit Wall Street Bets, which lead to the discovery of options and roaring cannabis stocks. After some meddling and a few hiccups (i.e. running out of money), Nick begun to take trading more seriously once the pandemic hit, the stimulus check hit, and his livelihood became uncertain. Remarkably, Nick remains a still-st...
Jul 29, 2022•52 min•Ep. 239
What does the future hold for Chat With Traders podcast? An evolution is on the horizon. Full details revealed in this episode—featuring Aaron Fifield and Tessa Dao. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 19, 2022•18 min•Ep. 238
Mary Childs—a financial journalist and co-host of NPR’s Planet Money—is author of The Bond King; a biography about industry titan, billionaire bond trader Bill Gross. Bill co-founded Pacific Investment Management Co (Pimco) in 1974, where he would become the worlds’ largest bond trader and revolutionise the market. Heading up the firms’ Total Return fund, Bill served as managing director/chief investment officer, until a shock departure in 2014. While Bill’s widely considered a market legend, be...
Jul 11, 2022•54 min•Ep. 237
The promised and much-anticipated follow-up interview with Lance Breitstein… Lance was formerly a Senior Trader at proprietary firm Trillium. He earned the rank as ‘Top Trader’ in 2020 and 2021 with consecutive 8-figure years, also setting the firms’ all-time PnL record. While Lance appeared on the podcast only a few months back, the interview was recorded a few years back. However, this interview is very recent, it was recorded 13th June 2022—after Nasdaq declined 4% on the day, sparking initia...
Jun 27, 2022•1 hr 24 min•Ep. 236
Today, I bring you a man who’s truly seen it all: Chris Cady Having surpassed 40-years as an equity index trader, Chris has lived through every type of market environment imaginable and reinvented himself several times over. But is experience all it’s hyped up to be? Well, that’s the opening line for our chat… From there, Chris delves into some of the best/worst times throughout his career in futures markets—and shares a captivating story about the “radical” silver traders and infamous Hunt Brot...
Jun 13, 2022•1 hr 13 min•Ep. 235
While many are only hearing about prediction markets for the first time, for near a decade, anonymous trader Domer (@Domahhhh) has been at the frontier of profiting from outcomes of unknown future events. Political and economic matters are Domer’s specialty, although he doesn’t shy away from the rather abstract events either—for example; trading on the outcome of Britney Spear’s conservatorship and the Suez Canal obstruction! Now at a point where he’s netting PnL of several hundred thousand doll...
May 24, 2022•57 min•Ep. 234
This year I’ve brought you some truly phenomenal traders and it continues, right here… Kenny Sharkness (aka Shark) is one of the greatest success stories to come out of proprietary trading firm SMB Capital. In the span of a decade, he’s gone from being clueless about bids/offers to having realised eight-figure years. After reflecting on his first steps as an aspiring day trader, Kenny tells of a monumental loss that had a positively profound impact, and the ways in which he’s continually pushed ...
Apr 28, 2022•55 min•Ep. 233
Nishant Porbanderwalla—a senior trader at proprietary firm Kershner Trading Group—is no stranger to the show. In his third appearance on Chat With Traders, Nish recaps how he booked an outsized six-figure profit trading meme-stock NASDAQ: DWAC (Digital World Acquisition Corp). The date was 22nd October 2021, the day DWAC traded from $50 up to a high of $175, on news of a merger that would launch Donald Trump’s planned social media platform Truth. Learn more about your ad choices. Visit megaphone...
Apr 12, 2022•38 min•Ep. 232
James Chen is an equities trader and a partner at Sydney-based fund BlueLake Partners. Furthermore, he’s a heavy-hitter who operates on a different level to most… For well over a decade, James has been discovering edges and developing trades that the typical trader would consider as rather obscure. And for that reason, we’re fortunate to have James on the record—being able to learn about how his brain ticks. Our interview starts with James telling how he cut his teeth trading retail, then how he...
Mar 28, 2022•1 hr 4 min•Ep. 231
It was early-2017, Oliver was nearing the end of his high school years, when he had discovered Ethereum—or more accurately, the self-described tech-head had strapped together 6x GPU's for the purpose of mining Ethereum. Although the mining rig was only a mild success, it did plant the seed for what would become Proxima Capital—the crypto-focused trading firm Oliver co-founded in 2019, that almost exclusively dedicates its resources and capital into market-neutral strategies. Learn more about you...
Mar 13, 2022•1 hr 11 min•Ep. 230
Lance Breitstein was a Senior Trader at proprietary trading firm Trillium and Manager of the Chicago office. He has trained, mentored and refined dozens of top discretionary intraday traders, while arguably being Trillium’s best trader in the firm’s history. This episode was recorded in 2019, prior to Lance going on to set the firm’s all-time PNL record, with landslide wins as ‘Top Trader’ in both 2020 and 2021 after consecutive 8-figure years. At the beginning of 2022, Lance resigned from Trill...
Feb 22, 2022•54 min•Ep. 229
Lance Breitstein was a Senior Trader at proprietary trading firm Trillium and Manager of the Chicago office. He has trained, mentored and refined dozens of top discretionary intraday traders, while arguably being Trillium’s best trader in the firm’s history. This episode was recorded in 2019, prior to Lance going on to set the firm’s all-time PNL record, with landslide wins as ‘Top Trader’ in both 2020 and 2021 after consecutive 8-figure years. At the beginning of 2022, Lance resigned from Trill...
Feb 09, 2022•1 hr 11 min•Ep. 228
Trade Recap episodes are a new format (in addition to regular episodes), with the purpose of analyzing each aspect of a guests’ trade: idea, execution, management. Chase Galbraith is an Australian equities trader, with a firm foothold in small caps. The trade in focus today, Chase initiated and held between September – November 2021, in mineral exploration company Kingsrose Mining (ASX:KRM). This trade could be categorized as a swing, largely driven by fundamental factors and speculation of an a...
Jan 26, 2022•32 min•Ep. 227
Kyle Schultz is the managing director of Ravinia Investment Management, a registered CTA, operating since April 2019. With an objective to diversify by market, strategy and timeframe, Kyle has developed multiple algorithmic strategies—for various futures products—that can be categorised into momentum and mean reversion, long and short, intraday and swing. Through our conversation, Kyle expounds on the art and science of developing and managing automated trading systems, and his unique way of doi...
Dec 16, 2021•1 hr 4 min•Ep. 225
As an extension of the previous episode, I present to you the second installment for the ‘Best of Day Trading.’ This is a compilation of highlights from past interviews, all of which are applicable to active day trading—from technical intricacies and strategy insights, to trading tales and broader viewpoints. Show notes + full episodes: https:chatwithtraders.com/224 Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 25, 2021•1 hr 29 min•Ep. 224
I’ve gone back over the years and gathered a variety of my favourite clips that relate to day trading (in one way or another). Some include conversation about technical nuances and unique edges, some are interesting stories, others may help you to better read the market and develop the skills that day trading demands… Given the lengthy list of day traders I’ve had the pleasure of interviewing, there was zero chance I could pack everything into a single episode. So please enjoy this first instalm...
Nov 09, 2021•1 hr 23 min•Ep. 223
Returning to Chat With Traders podcast, Luke Cummings—CIO of Harvest Lane Asset Management—details his funds’ core strategy of trading mergers and acquisitions… Step-by-step, Luke explains his methods of assessing a takeover bid when it first hits the market, initiating a position, monitoring news flow, and ultimately, booking a profit/loss when the change of control takes place (or the deal falls through!) Show notes: https://chatwithtraders.com/222 Learn more about your ad choices. Visit megap...
Oct 14, 2021•1 hr 23 min•Ep. 222
Matthew Dibb’s the Founder and CIO of Astronaut Capital, a cryptocurrency and digital asset fund—utilizing a thematic approach. Since attracting its first investors in 2019, the fund has gone on to report cumulative returns in excess of 1,200%. In a life prior to crypto, Matt was a traditional finance guy, having held roles as a futures and FX trader for banks/institutions, while also doing a stint in VC too. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 23, 2021•1 hr 6 min•Ep. 221
Erik Swanson's the CEO of Simplex Trading... While unknown to many, the Chicago-based trading firm is one of the top market makers in U.S. equity options—providing liquidity in (almost) every listed options contract, and in recent times, transacting upwards of 2-million contracts daily. In our chat, Erik pulls back the curtain, giving a rare insight to how market makers operate; from quoting to hedging, and the complexities that take place in between. Learn more about your ad choices. Visit mega...
Sep 03, 2021•1 hr•Ep. 220
Edwin Dorsey’s an individual investor, passionate about exposing bad companies… Since being one of the first to flag wrongdoing at Care.com (while a student at Stanford), Edwin has continued to gain credibility for his well-researched, off-the-beaten-path ideas. Edwin’s analysis and reports—as well as insights to general activity within the short world—are shared in his popular newsletter: The Bear Cave Learn more about your ad choices. Visit megaphone.fm/adchoices
Aug 11, 2021•1 hr 3 min•Ep. 219
Shaun Factor’s an Australian small cap trader, with 20+ years in the game. He’s also a co-founder of 180 Markets, a firm that provides investors with direct access to capital raises. With a trading approach that’s heavily reliant on instinct and market experience, Shaun has come to be a substantially large trader of small cap companies. In this interview, he explains his ways, anticipating hot sectors, and how he moves in/out of stocks with size. Shaun also shares deep knowledge surrounding capi...
Jul 20, 2021•1 hr 13 min•Ep. 218
Acclaimed mental game coach Jared Tendler returns to Chat With Traders, after his first appearance on Episode 86 (2016). Jared has worked intensively with world champion poker players, PGA golfers, Team Liquid (esports organistion), and of course, active traders—sharing expertise in how mental game impacts performance and tactics to overpower emotional weaknesses. Jared’s also the author of The Mental Game of Poker 1 & 2. And while many traders have found these books highly relevant, Jared h...
Jun 25, 2021•1 hr•Ep. 217
Jim Mellon’s a British investor, entrepreneur and philanthropist. It was 1979 when Jim got his start, in Hong Kong, as a trainee fund manager. When the fund was acquired eight years later, he received a windfall, becoming a millionaire in his late-twenties… And from that point forward, Jim has spread his bets far and wide, as an investor in emerging markets, commercial real estate, private and public companies—across many sectors; from financial services to mining to biotech and more. To view Ji...
Jun 03, 2021•42 min•Ep. 216
William Beauchamp’s the founder of Seamless Capital, an algorithmic firm trading in sports markets—most notably Hong Kong horse racing, but also football and tennis. However, Will didn’t anticipate things would turn out this way… He spent his teenage years hell-bent on becoming a professional poker player. It was only when George—Will’s buddy who’d recently left one of the major HFT firms—pitched the idea of trying to apply similar strategies on sports betting exchanges. In time, the two develop...
May 14, 2021•1 hr 28 min•Ep. 215
It was 2017 when I first spoke with James King [Ep 133], around the same time he’d left a London-based commodity trading firm, where he worked as Performance Director. Since then, he’s continued advising to proprietary traders and fund managers, specialist military units and professional sports teams, as well as organisations. While also presenting case studies on elite performance at several ivy league universities. More recently, James has put the final touches on his first book Accelerating E...
Apr 20, 2021•1 hr 8 min•Ep. 214
John Roberson's a well-experienced equities trader, who's been able to harness the power of technology and leverage the skills of his team to maximize his trading operation. Since starting out in 2007, John has been involved in various trading groups, and today he's with Kershner Trading Group (Texas). Although John originated as a discretionary click trader, over the years, he begun to automate more and more. To the point that he now runs a portfolio of 80+ automated models, which do everything...
Mar 22, 2021•1 hr 11 min
