002: Kirk Du Plessis – How to Gain an Edge When Trading Options

Lacking education, mentors or money, Lukas Frohlich, known to many as The Short Bear, became fascinated with financial markets when only 13 years old. Saving everything he could from jobs, he started trading before he could even legally drive a car. He created Youtube and Twitter accounts to share strategies, victories and defeats to help fellow traders improve their game. Obsessed with learning from mistakes, understanding gains and improving his process lead to outrageous gains in 2020 with his Agenda Trading strategy. Changing market conditions propelled Lukas into innovating new strategies quite different from what he started with. His focus, dedication and discipline for self improvement allowed him to branch out in new business areas helping others that go beyond just the trading world. Learn more about your ad choices. Visit megaphone.fm/adchoices

16 Touko 20231h 27min

Dedicating significant hours to books and market analysis, Alexander Moreno sought regular counsel from a seasoned trading mentor. After refining his abilities through months of paper trading, he ventured into live trading, reaping consistent profits as planned. This success bolstered his confidence to trade full-time as a livelihood. However, the unforeseen market turbulence in 2008 unleashed his psychological struggles, leading to impulsive trading and ultimately, homelessness. This harrowing experience granted Alexander invaluable insights that he now imparts to others. This might be one of the most important episodes to listen to in a while when it comes to the topic of frank discussion on losses in trading and the practicality of managing risks so that traders can stay in the game long enough to have the opportunity to learn and improve. Learn more about your ad choices. Visit megaphone.fm/adchoices

1 Touko 20231h 12min

Deep in debt after finishing Architecture school, David Capablanca, originally from Miami and host of the Friendly Bear Podcast, desired an alternative career with independence, freedom and potential for high earnings. Naturally drawn to a contrarian psychology, he zeroed in on short selling. The challenge of uncovering scams through a deep dive into company fundamentals, history of founders and visiting company headquarters overseas on a quest to find clues were the things that energized David and brought his trading approach to a whole other level. Let’s go on a “short” adventure with David today! Learn more about your ad choices. Visit megaphone.fm/adchoices

11 Huhti 20231h 7min

After an accident ended her career as a professional athlete, Louisa Nicola became a Neurophysiologist and human performance coach, in order to understand and share what improves and degrades the brain’s short term performance and long term viability. Adopting certain habits, diets and supplementing with technology can give us traders the edge needed for peak performance and overall mental well-being.   Bio Neurophysiologist and human performance coach, Louisa Nicola is the founder and head performance advisor of Neuro Athletics - a consulting firm that boasts the best athletes in the world. By using science driven data from EEG scans, lab tests and cognitive assessments, Louisa has a first class ticket inside the brain of elite NBA and MLB stars. Louisa graduated from the University of Sydney medical school and is currently completing her doctorate studying the effects of resistance exercise on the brain. Louisa serves on the board of Momentous, Tonal, and Klora. Learn more about your ad choices. Visit megaphone.fm/adchoices

28 Maalis 20231h 7min

As a former poker player, heavy gambler, and professor of statistics, and after having had a successful professional career in the movie industry in Hollywood, Vincent Bruzzese (aka Hari Seldon of Real Day Trading group) took his poker skills and expertise on statistical predictive modeling of human behavior and ventured into the world of trading with a goal of finding an edge.  But, after blowing up his accounts multiple times, he had to go back to the drawing board and hone his trading skills, mindset, and discipline to become a high probability trader before putting in another dime into the markets. Vincent is an advocate for the small traders, and shares a more holistic and contextual approach to the markets and focuses on following the money which has led to his consistency in day trading. Learn more about your ad choices. Visit megaphone.fm/adchoices

14 Maalis 20231h 15min

Growing up poor with kidney disease as an immigrant from Mexico, Christian Carreon’s trauma with health issues and family financial instability resulted in the drive and hunger for financial success and security through redemption in the markets. Despite suffering through physical and emotional pain from his condition, his spirit and determination remained strong. He dove deep into the markets and after trial and error, eventually honed down and refined his systematic approach to a “trading boxes” strategy, which he explains. As an avid student of chart history, he gets comfortable with specific price setups which give him the confidence to go “all in”. Lacking basic day to day health impresses upon him the importance of being grateful in everything he does. In addition to trading using the mentioned "box" strategy, Christian is also the founder of Create Wealth Management where he applies a modified version of that strategy. He also started a private group called Paradigm Shift Trading. Learn more about your ad choices. Visit megaphone.fm/adchoices

21 Helmi 20231h 12min

Patrick is a finance professor, author, quant hedge fund manager and a connoisseur of financial history. As a young investor in Utility stocks, Patrick’s hunger to learn and apply the lessons of financial history helped him to maintain composure during the frenzied bubble market in the late 90’s and avoid most of the losses his colleagues suffered during the dot.com blowup. His studiousness, and growing aptitude for finding opportunities, resulted in him making valuable connections with mentors and business partners. His desire to understand history by analyzing data led to building quantitative trading models and eventually launching a quant hedge fund Palomar Capital. This episode is packed with so much rich information, wisdom, and humor.  Learn more about your ad choices. Visit megaphone.fm/adchoices

8 Helmi 20231h 23min

Growing up poor with learning difficulties, Yvan Byejee’s early trading failures drove him to understand his own emotional turbulence and instability in the mind through deep inner work. With a heightened sense of mindfulness, he embraced uncertainty and became systematic in his trading to develop an edge. Yvan discovered trading in the late 90s and has been trading for a living since 2006. He struggled and failed his way to eventual consistency and market success over time. He’s the man responsible for the creation of Trading Composure, where he generously shares with traders all over the world his knowledge, experiences, and wisdom of the inner game of trading. Learn more about your ad choices. Visit megaphone.fm/adchoices

24 Tammi 202359min