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Get 3 Free Months of Trading Software, 100 Days Of FREE Commissions & 33% off commissions FOR LIFE with My Preferred Broker!
FREE Trading Journal (stop paying for online journal)
In today's episode, I'm joined by Chad Hessing, CEO and founder of Cobra Trading. Starting his career in finance at a day trading firm in 1996, Chad founded Cobra Trading in 2003 with $50,000 and has built it into a broker that prioritizes direct access to licensed professionals over phone queues and automated bots.
Today, we discussed the critical differences between commission-based and payment-for-order-flow models, why rigorous risk control separates long-term successful traders from those who fail, and the anticipated removal of the Pattern Day Trader rule that could open day trading to a broader range of account sizes. Check it out.
Chad Hessing
By Alex B4.8
356356 ratings
Get 3 Free Months of Trading Software, 100 Days Of FREE Commissions & 33% off commissions FOR LIFE with My Preferred Broker!
FREE Trading Journal (stop paying for online journal)
In today's episode, I'm joined by Chad Hessing, CEO and founder of Cobra Trading. Starting his career in finance at a day trading firm in 1996, Chad founded Cobra Trading in 2003 with $50,000 and has built it into a broker that prioritizes direct access to licensed professionals over phone queues and automated bots.
Today, we discussed the critical differences between commission-based and payment-for-order-flow models, why rigorous risk control separates long-term successful traders from those who fail, and the anticipated removal of the Pattern Day Trader rule that could open day trading to a broader range of account sizes. Check it out.
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