EP 236 | The Ultimate Day Trader, Pt. 3 · Lance Breitstein
The promised and much-anticipated follow-up interview…
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 initial comments about market context.
Our discussion primarily revolves around several core trading concepts that have greatly attributed to Lance’s outstanding performance. Furthermore, Lance shares wisdom on bet sizing and methods to accelerate your learning curve.
00:00 – Intro
02:00 – Market Context
09:10 – Trading 2020-21
17:37 – Broken Slot Machine
29:29 – Right Side of the V
46:00 – Channel Fundamentals
48:38 – Exponential Bet Sizing
1:00:00 – Accelerated Learning Curve
1:16:28 – Outro
The Ultimate Day Trader, Pt. 1:
https://youtu.be/a3wL0OktSrA
The Ultimate Day Trader, Pt. 2:
https://youtu.be/d3mmLd_VO0w
Show notes:
https://chatwithtraders.com/236
#DayTrading #StockTrading #Podcast