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Trading Realism: Bridging Expectation and Reality in the Stock Market

Diary Of A Trader

Release Date: 05/20/2023

Event-Driven Trading: Strategies and Stories from Rick show art Event-Driven Trading: Strategies and Stories from Rick

Diary Of A Trader

In this episode, host Dan welcomes Rick, an emerging voice in the trading world, who shares his unique journey from growing up in Bergen County, New Jersey, to studying finance at Fordham University. Rick discusses the fast-paced environment of his upbringing and how it shaped his direct and ambitious personality. He reflects on his early uncertainty about his career path, driven by a desire for financial success. The conversation dives into the intricacies of trading, the importance of acting swiftly in the market, and the balance of making money for clients while also benefiting oneself....

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The Highs and Lows of a Prop Trader: Insights from David Hale show art The Highs and Lows of a Prop Trader: Insights from David Hale

Diary Of A Trader

In this episode, I had the pleasure of speaking with David, a seasoned trader with over two decades of experience in the financial markets. We delved into his journey from his early days in college, where he first got intrigued by the world of day trading, to his professional career as a prop trader. David shared his initial misconceptions about the stockbroker role, thinking it would involve picking stocks and managing money, only to find himself cold-calling clients. However, this experience laid the foundation for his understanding of the market. His first trade during the NASDAQ bubble in...

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The Mindset of a Successful Trader: A $1.6m Lesson From Edu Trades show art The Mindset of a Successful Trader: A $1.6m Lesson From Edu Trades

Diary Of A Trader

In this episode, I had the pleasure of speaking with Eduardo, a seasoned trader with a fascinating journey. Eduardo shared his early life growing up in Caracas, Venezuela, and how his initial interest in the stock market was influenced by Wall Street and the adrenaline rush of trading. Despite starting in engineering, Eduardo's passion for finance led him to pursue an MBA and eventually dive into the world of trading. Edu grew his trading account to $1.6m. In this episode we get some hard truths and great lessons from a trader who started from nothing, saw rock bottom and turned adversity...

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The Secrets To Becoming A Better Trader With Andrew Aziz show art The Secrets To Becoming A Better Trader With Andrew Aziz

Diary Of A Trader

In this episode, Andrew Aziz shares his journey from being an engineer to becoming a full-time trader. He discusses how he initially started with day trading, driven by the desire to grow his small account faster. Andrew also highlights the mistakes he made as a beginner and how he eventually settled into active trading. Tune in to learn more about Andrew's experience and insights into the world of trading.   00:01:36 Day trading allows for faster capital growth.  00:08:08 Trading stocks requires strategy and risk management. 00:13:07 Separate trading from daily life. 00:19:13...

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The Art of Contrarian Trading: An Intimate Interview with Jason Shapiro show art The Art of Contrarian Trading: An Intimate Interview with Jason Shapiro

Diary Of A Trader

In this episode, the host interviews Jason, a trader, who shares his journey into trading and the ups and downs he experienced along the way. Jason talks about his initial fascination with the market and how he decided to dive in and start trading. He discusses the excitement of being in a bull market and making money, but also the reality of losing it all and realizing he wasn't a genius. Jason shares his learning process, which involved reading books and learning about technical and fundamental analysis. Throughout the interview, he emphasizes the importance of continuous learning and...

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The Psychology of Trading: A Conversation with Chris Cady & Peter Mcewen show art The Psychology of Trading: A Conversation with Chris Cady & Peter Mcewen

Diary Of A Trader

The podcast features two traders, Chris and Peter, who discuss their backgrounds and approaches to trading. Chris got into trading as a summer job in 1980 and was hired for his non-traditional background and ability to adapt to changing market conditions. Peter, on the other hand, got into trading out of fascination with the dynamic nature of capital flows and as a way to challenge himself. Both Chris and Peter come from Buddhist backgrounds and incorporate mindfulness and meditation into their trading.   00:00:46 Non-traditional backgrounds in trading.  00:06:12 Psychological...

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Repetition and Discipline: Building a Strong Foundation in Trading With Kunal Desai show art Repetition and Discipline: Building a Strong Foundation in Trading With Kunal Desai

Diary Of A Trader

Welcome back, folks, to another captivating episode of The Diary Of A Trader Podcast. Today, we're in for a real treat as we sit down with the incredible Kunal Desai. We're about to embark on a journey through Kunal's fascinating life, starting from his early days in Michigan where his dad's trading passion sparked something magical within him, fueling his own love for the stock market. Get ready to hear Kunal open up and share his invaluable insights into what it takes to thrive in the cut-throat world of trading. Believe me, this interview is not just insightful, it's downright intriguing....

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Against All Odds: Humble Beginnings to Trading Triumph With Joseph Gasperoni AKA JTrader show art Against All Odds: Humble Beginnings to Trading Triumph With Joseph Gasperoni AKA JTrader

Diary Of A Trader

This podcast episode features an interview with successful trader Joseph Gasperoni aka JTrader, who shares their journey into the trading world. The trader talks about their motivation to get into trading, which stemmed from a desire to avoid the financial struggles experienced by their parents. They also share their experience of trading in the Italian market at a young age, with limited knowledge about stocks and the market, and how they returned to trading later in life and expanded to US stocks. The episode also features some quotes about the nature of trading and the financial world....

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Trading Realism: Bridging Expectation and Reality in the Stock Market show art Trading Realism: Bridging Expectation and Reality in the Stock Market

Diary Of A Trader

In this episode of "Diary of a Trader", the host introduces Ardi Aaziznia, a co-founder of Bear Bull Traders and Peak Capital Trading, and author of the bestselling book "Stock Market Explained". Ardi shares his journey from studying finance at the University of British Columbia to becoming a successful trader and entrepreneur. The episode explores his early career in wealth management and his expertise in option derivatives. Listeners learn about Ardi's remarkable understanding of the complex world of finance and his drive and passion to succeed, which was harnessed after making a significant...

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Trading Triumphs: Mastering Discipline and Balance with Scott AKA SmashTheBid show art Trading Triumphs: Mastering Discipline and Balance with Scott AKA SmashTheBid

Diary Of A Trader

In this episode of "Diary of a Trader", host introduces Scott aka SmashTheBid, who is a systematic trader and founder of SmashTheBid.com mentorship program. Scott shares his decade of trading experience with a focus on work-life balance and discipline. He discusses his $40,000 loss in a single day and the lessons he learned from it. Scott is also a supporter of Traders for Cause and inspires others to combine their trading passion with philanthropy. The episode highlights the importance of discipline, focus, and mentorship in achieving success in trading.   [00:01:14] Discipline in...

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More Episodes

In this episode of "Diary of a Trader", the host introduces Ardi Aaziznia, a co-founder of Bear Bull Traders and Peak Capital Trading, and author of the bestselling book "Stock Market Explained". Ardi shares his journey from studying finance at the University of British Columbia to becoming a successful trader and entrepreneur. The episode explores his early career in wealth management and his expertise in option derivatives. Listeners learn about Ardi's remarkable understanding of the complex world of finance and his drive and passion to succeed, which was harnessed after making a significant move from Iran to Canada.

 

[00:01:33] Trading journey from Iran to Canada.

[00:04:07] Early interest in business.

[00:09:56] Implied volatility in options.

[00:11:37] Stock options and dividends. 

[00:18:03] Trading failure rates.

[00:19:30] Realistic expectations in trading.

[00:22:42] Trading as a Business.

[00:26:25] Trading naked options vs. spreads

[00:32:18] Good trader qualities.

[00:35:58] Risk-taking and performance.

[00:37:24] Predicting stock market success.

[00:41:27] Narratives follow the price.

[00:45:06] Asset allocation for portfolio building.

[00:50:31] Investing vs. Trading.

[00:51:19] Passive investing advice is bad.

[00:55:35] AI and complex algorithms.

[00:58:52] Practical advice for new traders.

[01:02:32] Financially inside of you.