Limit Up! Podcast

What does it take to be a full-time trader? That's the question we explore with Tracy Shuchart on this episode of Limit Up! Tracy provides insight of how she quit her job in pharmaceutical sales and moved to Chicago with no contacts to pursue trading full time.

We explore the daily life of a Crude Oil trader and what she does both before and after the market to set herself up for profitable trading. She talks about her trading strategies and why she's so dependent on charts.

And she also talks about how her trading was shaped by blowing up her first account - something that she thinks all good traders have done at one point or another.

Today's Limit Up talks with John Bougearel, a trader and chartered market technician. If one thing is clear from this interview, it's that John knows his trading style and is a student of the market. John talks about the way that market technicians think and how he studies prior patterns to forecast where the market will go in the future. Listening to this interview, you'll see the depths at which John goes to in order to predict future prices.

In any high-stress situation where you have to perform at your best, your health is critical to consistency. In this episode of Limit Up, we dig into better health with Dr. Hector Davila, a licensed pharmacist, nutritionist and fitness guru. We talk with Hector about the most important components of your health and how you can maintain focus, energy and limit stress all day.

After blowing up three trading accounts for a total of $90,000, Michael Patak finally got serious about his trading. He went on to trade Dow Jones Industrial Average futures as a local on the CBOT floor before starting TopstepTrader.

In this episode, first broadcast in November, Michael talks about his journey learning how to be profitable trading and the aha moment that led to TopstepTrader.

For more, go to www.topsteptrader.com.

Early in her trading career, Anne-Marie Baiynd asked herself a simple question: why am I inconsistent? The answer she came to was that everything about her was inconsistent - from how she analyzed the market to her eating and sleeping schedule. Why would she expect her trading to be consistent?

In this episode of Limit Up, host Eddie Horn talks with Anne-Marie about her journey, why she turned to technical analysis, how she analyzes markets and what advice she has for other traders. There's something here for traders at every stage of their journey.

One thing was clear after our interview with 30-year options and futures trading veteran Brian Lund: he has a clear view of his trading strategy and the why behind it. Without those two things, it would be very hard to making a living and career out of trading.

In this interview, host Eddie Horn talks to Brian about how he got started trading, his approach to finding a strategy and why he is so methodical about position sizing.

To trade well, you have to make good decisions. But we are irrational and impulsive. That's why we need rules. In this episode, trader and trading coach John Hoagland talks about his Cardinal Rules of trading.

These are rules that John used to trade on the floor of the CME for more than a decade and that he uses today trading electronically.

Blair Hull has been ahead of the trading curve for more than 30 years. He was automating strategies and market making before it was popular. In fact, he thought that computers would replace floor traders in the 1980s - more than 20 years before it did.

During his storied career, he's kept one thing consistent: he always knew his edge and is always learning. His thirst for knowledge helped him solve the game of Blackjack and now has him tackling issues in markets with Hull Tactical Funds.

You simply cannot miss this episode.

Dr. Kenneth Reid remembers the first day he made $5,000 trading. That was followed shortly later with a day he lost $30,000, sending him down a spiral that eventually led him to lose $130,000 in the markets. As he dug deeper into the psychology behind his trading, he realized that he was trading in an addictive manner, without a well-defined written method.

Now, Dr. Reid preaches deliberate trading practice that focuses on the process, not the outcome. If your process is good, the outcome will follow. Check out this episode and don't forget to leave us a rating or review.

This week, we talk with Anthony Crudele - a futures trader and the host of Futures Radio. Anthony got his start trading on the floor before being an early adopter of the electronic Emini S&P 500 contract. Anthony started by blowing up three trading accounts, losing a total of $75,000 - $50,000 of which he borrowed from another trader. With his last $10,000 - again, borrowed - he finally turned his trading around.

In Anthony's story, we find a lot of takeaways that we can apply to our own trading. Give it a listen and be sure to leave us a rating and review.