Chat With Traders

072: Rob, @DiscoveryTrader – Why Risk Management is King, and Why Gambling Isn't Such a Dirty Word


Listen Later

This weeks guest preferred to remain somewhat anonymous, although his name is Rob – others know him as RG, and he’s a part of Discovery Trading Group.

Rob is an active futures traders and is what most people would call a pure scalper, but he refers to himself as a “street level gambler with an appetite for risk”. Either way, he is very short-term and often just trading for a couple ticks at a time. So that’s one side of what he does, the other side, Rob is also involved in a quantitative research firm which trades a whole range of strategies, over various timeframes, in many different markets.

Over the next 60 minutes; you’ll hear about Rob’s early years of trading during the 80’s, and how he’s developed into the trader he is today. Rob also drives home the importance of risk management, shares a few gambling analogies, and talks about the benefit of interacting with other traders on a regular basis.

Join the free Facebook group for Chat With Traders listeners and traders.

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

Chat With TradersBy Tessa Dao

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

1,961 ratings


More shows like Chat With Traders

View all
Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

577 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,372 Listeners

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders by Etienne Crete

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

101 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,058 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

921 Listeners

Swing Trading the Stock Market by Ryan Mallory

Swing Trading the Stock Market

785 Listeners

Flirting with Models by Corey Hoffstein

Flirting with Models

224 Listeners

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) by Cam Hawkins

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

227 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

364 Listeners

Investing With IBD by Investor's Business Daily

Investing With IBD

382 Listeners

B The Trader by Alex B

B The Trader

356 Listeners

Stock Market Options Trading by Eric O'Rourke

Stock Market Options Trading

294 Listeners

The Day Trading Show by Austin Silver

The Day Trading Show

45 Listeners

Forward Guidance by Blockworks

Forward Guidance

280 Listeners

Words of Rizdom by Riz Iqbal

Words of Rizdom

13 Listeners