Join Titans Of Tomorrow's Inner Circle (For Free Bonus Content & In Person event Invitations) 📩https://join.wwatrading.com/titansoftomorrow/larryconnors30% Off forex & futures funding with Hola Prime: https://holaprime.com?affiliateId=697(Or Use Code: TOT) 30% off all funding with Alpha Capital: https://app.alphacapitalgroup.uk/signup/TOT(Or Use Code: TOT)Get Up To 40% Off Alpha Futures funding: https://app.alpha-futures.com/signin?next=%2F (Or Use Code: TOT)Get 20% off journaling with Tradezella: https://www.tradezella.com/?via=waqar(Or Use Codes: ToT10 or ToT20)Larry Connors joins us to break down the trading principles, market research, and risk frameworks he has developed over 45 years in the markets.Larry is the author of over 25 trading books, a pioneer of the 2-period RSI, founder of one of the most respected quant research firms in finance, and winner of the Charles Dow Award for technical analysis research.In this episode, Larry explains his “Power Law of Trading” framework, why he believes traditional stop losses can hurt performance, how he uses asymmetric trades, options, hedging, convexity, AI, and second-order thinking to find market opportunities.We also discuss the future of technical analysis, why most traders misunderstand risk management, how AI is changing trading research, the role of psychology, and what new traders should focus on if they want to survive long term.This episode is a deep dive into alpha, systematic trading, options, market structure, portfolio construction, and the mindset required to build real longevity as a trader.Subscribe for more conversations with world-class traders, fund managers, market researchers, and trading experts.__________________________________________ 🔗Connect with Waqar here: https://www.youtube.com/@WaqarAsim./videos Titans Of Tomorrow here:https://www.instagram.com/titansoftomorrowpodcastGuest (Larry Connors):https://www.linkedin.com/in/larry-connors-a044036____________________________________________________________________Chapters:0:00 Intro3:30 What Alpha Really Means for Traders7:44 The Power Law of Trading12:32 Why Larry Doesn’t Use Stop Losses17:31 Letting Big Winners Run20:07 Conviction, Risk and Position Sizing24:47 Where Discretion Actually Belongs29:02 First Principles in the Markets33:32 Correlation: The Silent Killer38:26 Measuring Fear with RSI42:37 Executing Asymmetric Trade Ideas45:12 Second and Third Order Thinking48:18 Finding the Losers in AI53:34 Timing a Thesis Without Predicting55:18 Larry’s Experience Day Trading58:43 Why Most Day Traders Fail1:00:19 Edge, Psychology and Patience1:04:19 Matching Strategy to Personality1:07:53 Market Efficiency and Retail Edge1:12:39 Where Independent Traders Have an Advantage1:17:29 Why Money Management Beats Technicals1:22:15 AI, Trading and Human Psychology1:27:01 Using AI to Find Better Truths1:31:05 Avoiding AI Confirmation Bias1:34:12 Does More Knowledge Improve Trading?1:34:50 Convexity and Crash Protection1:40:01 Lessons from the 1987 Crash1:43:04 Portfolio Construction and Risk Limits1:45:06 Diversifying Outside the Markets1:47:13 What Still Drives Larry Connors1:51:15 Profit Taking Without Cutting Winners1:54:26 Chopping Off the Left Tail1:56:03 Adjusting Positions and Greeks1:58:43 Biases, Mental Models and Inversion2:03:01 Larry’s Advice for New TradersThis episode is brought to you by Hola Prime, the first prop trading firm in history with a Deloitte-audited payout record. 98.35% on time. Zero denials. Trade with them and get 30% off:https://holaprime.com?affiliateId=697(Or Use Code: TOT)