Business
My first guest is ex-proprietary day trader Peter To, who now trades independently. I first found Peter through the Chat With Traders podcast and his amazing blog which can be found at ptotrading.blogspot.com. In this podcast we talk about: A recent study which asserts that consistent day trading profits are near-impossible. Trading with "the world's worst prop firm" during Hurricane Sandy Peter's thoughts on high-frequency trading's affect on the markets he trades Why 1990s prop trading was the golden era of trading. How traders can develop techniques outside of 'vanilla' technical trading strategies Is shorting parabolic penny stocks a 'crowded trade?' Modelling market behavior to refine your trading edge How Twitter has become a digital prop desk Updates on two trades Peter has blogged about Links mentioned: Day Trading for a Living Study? Peter's blog Peter's twitter Peter's CETC Trade: Being stuck short a stock and still being charge borrow fees Peter's great post on why he thought buying the dip in the S&P in December 2018 was a home-run trade Peter's interview with Chat With Traders Peter's favorite trading book: Dark Pools - The Rise of Machine Traders and the Rigging of the US Stock Market Investment disclaimer