Business
Troy Prince grew up in the Bronx, one of the most impoverished zip codes in America even though it was just 11 miles from the New York Stock Exchange. Thanks to an early interest in trading piqued by a social studies class, he knew from age 17 that he would be a trader. This took him on a journey around the globe trading at international firms from Spain to Japan and Vietnam.These days, Troy is trying to use his social capital to get more diverse traders on the floor with his programs Wall Street Direct and Diverse Trader Training. Troy is one of the most interesting and passionate guests we’ve ever had on Limit Up! so don’t miss this episode![00:47] - This week: Troy Prince[01:20] - Market reaction[05:07] - Interview with Troy Prince[05:50] - How Troy got into finance and trading[06:57] - Market Wizards[10:15] - Risk vs. reward[13:53] - Tokyo culture shock[19:56] - The prop life[24:27] - Launching Wall Street Bound[27:44] - Making connections[32:22] - Behavioral traits[38:36] - Sparking interest in financial servicesTroy Prince is a Wall Street veteran with more than 20 years’ experience and extensive buy and sell side trading experience at premier U.S and International firms. He also has spent five years as an angel investor in Vietnam.Noting the persistent lack of diversity in the front offices of Wall Street and the abundance of hungry and available urban talent, he has had the idea for Wall Street Bound for more than 15 years. Troy has spent significant time abroad having lived and worked in five countries, speaks four languages and brings the full breadth of his experience home with him in his mission to connect typically overlooked urban talent with the capital markets and access to capital.Limit Up! is a podcast for traders of all levels brought to you by TopstepTrader. Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory.Jack Pelzer is a co-host of Limit Up! He traded as part of a U.S. Treasury group for 7 years at Chopper Trading and DRW. After leaving the industry, he became a Writing Fellow and Senior Contributing Writer for The Onion. He is now the Head of Content at Topstep.Dan Hodgman is a co-host of Limit Up! Prior to coming to Topstep Dan traded 30 Yr Treasury Options and Yield Spreads. Before that, he served in the United States Marine Corps where he simultaneously managed his own Futures Account applying the skills he grew up learning from clerking on the trading floor. Now Dan works with the Traders here at Topstep as a Performance Coach as well as being a regular on the Daily Market Recap.If you'd like to receive new episodes as they're published, please subscribe to Limit Up! in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show.Podcast episode production by Dante32.