1) Understanding the auction & the products you choose 2) Having a "niche" with math based strategies 3) Adequate funding 4) Proper risk management & mindset/psychology 5) Discipline to learn & execute on each of these. Sounds easy enough 🤔 Aaron, another great interview with special thanks to Bob! 💯
@oceanblue23863 жыл бұрын
80 years old. Incredible man. Amazing and mind sharp as hell!
@80percent343 жыл бұрын
I worked for Bob Bright 15 years ago, he and his family is FIRST CLASS ppl. I learned so much from Bob, he's a national treasure !
@lasvegasadventures87293 жыл бұрын
Bob Bright - A true legend in Vegas in more ways than one!!
@tinashegwatiringa983 жыл бұрын
I can hear the passion in his voice
@Ninja-iq2xt4 жыл бұрын
Loved the timestamps, Its sooo helpful.
@x2ul7254 жыл бұрын
This is the best trading interview I have ever heard. Maybe just a few things have synced with me, but this was very exciting. Great job with interview.
@Topsykretzoff4 жыл бұрын
your podcast is the only reason im still pushing myself to keep on trading. thanks for the great work u do for us
@DJ369-Miami4 жыл бұрын
I have been working for a guy very similar to Bob for a very long time. He is not a genius. He was lucky, yes, but its a specific mindset which makes you a winner or loser with the markets or gambling. Few have that mindset from the beginning, some get it quickly once they gamble/trade. Many never get it. That's the 90 percent giving their money to the 10 percent.
@alexneil3944 жыл бұрын
This was one of the better interviews
@hamisintunzwenimana8083 Жыл бұрын
Good General 1. Rule Based / Systematic approach 2. Position Sizing / Edge 3. Learning process; website.
@joedavis31434 жыл бұрын
Although I understand what Aaron meant in the foreword, I think the interview was very good, even if he did drift off the question at times. It was very well done and another great professional interview job.
@MrSandman4084 жыл бұрын
Loved this episode! Thanks for bringing Bob on Aaron.
@FailFlopFly-SalesforceImports4 жыл бұрын
Thanks Aaron! I was confused as to why he wasn't giving any depth to his answers. He seemed to stay on the surface....I appreciated your attempts to get him to go deeper. Cheers! Looking forward to the next one!
@jamesjohnson74984 жыл бұрын
Pairtrading is what Bob is taking about. Example pair trading FedEx vs up, Visa vs Mastercard etc. His firm will teach how to do this. Go for it. I do the same but with futures . Example oil calendar vs calendar. His firm is the real deal.
@hunnusunnu68963 жыл бұрын
How do you do it with futures?
@hunnusunnu68963 жыл бұрын
I tried and profited from calendar but Im not sure if the opportunity is consistently there for me to exploit. What are you exploiting? Seasonality? Holding period?
@oceanblue23863 жыл бұрын
Remember he's a poker player. He's going to only tell you what he wants you to know
@astrogumbo7 ай бұрын
This is crucial:)
@Fresse4 жыл бұрын
"Get that edge and make some money!" haha love it
@ThatFuturesLife4 жыл бұрын
Enjoyed this a lot! Thank you for the timestamps!👍👍
@givenfree72774 жыл бұрын
Good interview, legendary trader.
@prathamvora15334 жыл бұрын
Bring on Mark minervini mannn
@NickDrendel4 жыл бұрын
I second this! He’s a great one to have on, especially with current market trends. Need that “sit out” power more than ever!
@icarus24224 жыл бұрын
Very excited about this episode! Thank you so much to the both of you
@nykytahorbachov13694 жыл бұрын
I enjoyed the interview, thank you Bob and Aaron
@rajendrarj36744 жыл бұрын
Love you man😍. You are doing amazing work ,its helping us through the core i just cant explain how useful your work is its just AMAZING. God bless you man our wishes are always with you.keep doing your work , we will never forget you.
@flowerhour95394 жыл бұрын
Oh wow I believe I've seen him play back in the day!
@chairman66524 жыл бұрын
Loved this interview .Very Very inciteful 👌
@johnb40914 жыл бұрын
Massive thumbs up ❤️👌
@Reotha4 жыл бұрын
Absolutley loved this interview.
@deathlarsen75024 жыл бұрын
Get a life piker
@ravirajsapar4 жыл бұрын
Loved this podcast and insight into trading...
@rjpalada55493 жыл бұрын
Great interview Aaron
@HobbyZobby4 жыл бұрын
Very interesting!
@vineetverma45474 жыл бұрын
Exxellent
@billmancos98204 жыл бұрын
Thanks I really got an awful lot from this interview! Bob Bright told quite an interesting story of his success! I would give anything if he were my neighbor!
@thetaeater9 ай бұрын
Holy crap this place is still in business! A lone wolf preying on the stupid brilliant!
@mawisangobeni27184 жыл бұрын
i love this, too much experienced
@hunnusunnu68963 жыл бұрын
Anyone understand his leveraged etf trade example?
@8thhousealchemist6004 жыл бұрын
I appreciate this guy.
@saurabhghadge69994 жыл бұрын
Love your work ❤️
@ttttiiimmy10bit4 жыл бұрын
Amazing interview
@raymundracuya2 жыл бұрын
Great😇
@fat596Ай бұрын
Bright Bob
@marcuscastillo17353 жыл бұрын
45:35 explains Robinhood business model
@christoffjones84224 жыл бұрын
This was a great interview
@dj_sergiov4 жыл бұрын
Back in those days...
@ironhed5154 жыл бұрын
He has a tone like every question was a stupid question.
@jamesjohnson74984 жыл бұрын
Aaron interview the head of Bob's of trading firm. It will tie into this interview . If you want to get into prop trading bob firm is the way to go
@hussambeydoun99304 жыл бұрын
Great one .. would love an episode with Greg aka LX21
@acetrades15244 жыл бұрын
Really enjoyed this one, thanks!
@DJ369-Miami4 жыл бұрын
In case some have not figured it out.... It's a zero sum game. It's not a us vs them. It's each of you against each other. If you ever do find an edge, you would be a total idiot to talk to others about it.
@prathamvora15334 жыл бұрын
Loved thisss!!!!
@melisapitts85874 жыл бұрын
I have been trading for about 6 months now and just about every trade backfires and slaps me in my face. Nearly impossible for me to catch more than a few points . I try to do top down analysis but it doesn't work for me . I say to myself, clearly I'm in the 90% that lose money, so I open a demo account, do my analysis, then take the opposite of what I would normally take and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?
@nelsonscot9364 жыл бұрын
Your problem could be your stop loss is too close or you're watching your trades too much. Place it and walk away. Or you could just give up, trading isn't for everyone
@dannywilson2584 жыл бұрын
Try not to hear him out, don't surrender. Exchanging takes time(months, even years) to ace, even the experts learn ordinary. Never the less, on the off chance that you lose cash regardless of which side you take, possibly you have to take a gander at how you are overseeing dynamic exchanges as opposed to how you are entering them. My recommendation, discover a guide . And furthermore, have a go at fusing the utilization of oscillators, Bollinger and rotate focuses into your system. What's more, in particular move to higher TFs(4h or 1D ideally), you'll express gratitude toward me later .
@melisapitts85874 жыл бұрын
@@dannywilson258 You're correct, I don't lose money every single trade, but my main problem is trying to let my runners run. Very rarely do I catch big moves . Instead they go a few pips in my direction, then go against me if when I try holding them. Also my entries could use a lot of improvement. A mentor would be amazing, but getting one is easier said than done. If it's not too much to ask, do you know any legit ones?
@hamiltontimothy25114 жыл бұрын
@@melisapitts8587 I know of one man though, he is not a mentor per-se, but he is freakishly good at trading. From what I've gathered he used to work for a proprietary firm till he retired. Met him at one of those conferences, got to know him and we exchanged emails. Since he helped me, I've been making about $1000 bi-weekly. What I'm trying to say is the 5% of traders in the world that are consistently profitable are not on KZbin, they are just random/lowkey people no one even expects . His name is robert hary by the way.
@shehryaribrahim14134 жыл бұрын
@@hamiltontimothy2511 I think I have seen this name on a trading forum before, on discord one time, is he really that good ? And how may I contact him if that isn't too much to ask.
@blinkrei4 жыл бұрын
That was a bit rambling at times, But Bob is still the black jack king!!! Now I know why Rob Friesen is the President of Bright Trading, no offense to Bob Bright. I used to trade with Bright, Bob was much sharper 20 years ago.
@klum034 жыл бұрын
awesome job timestamping the video
@Back_In_The_Black4 жыл бұрын
Sounds like Jim Ross discussing Edge.
@XSAoRAD2 жыл бұрын
Bah Gawd is the big red candle on $KANE
@schrodingerscat39124 жыл бұрын
CWT is #1
@VG-ew4cn4 жыл бұрын
I like the way he pronounce Chikago
@yj6774 жыл бұрын
a high stakes poker cash game in russia sounds like the last place id want to play that lol.
@j.corona81184 жыл бұрын
They will put rules on your trades, I have seen that.
@NomadGurkha4 жыл бұрын
is there any trader who has made it without leverage? I wonder many a times.
@mawisangobeni27184 жыл бұрын
i also wonder
@chrispaz38934 жыл бұрын
Following
@thequantitychannel12994 жыл бұрын
There is a person in Jack Scwager's Stock Market Wizards book (3rd interview I think) who usually trades only 50-80% of his account and at max has gone 130%. Although I do not see any problem with leverage 3x to 4x is healthy towards success
@stevegrove11924 жыл бұрын
you wont learn and traing things here, but if you have enuff $, you might be able to open a brokerage .
@flippantfishtaco31324 жыл бұрын
Seems like nobody knows how to define edge
@hunnusunnu68963 жыл бұрын
Big title confusing talk. I didn't understand shit.
@antonulybin3894 жыл бұрын
Pretty useless episode. In short, Bob said there are only two ways to make money as a traider. You either have to be a math genius using mathematical inefficiencies (like him) or a prop trader using insider-ish trades.
@germanbrito14794 жыл бұрын
i think its very simple what hes saying, hes saying that it doesnt matter if it goees up or down what mater is that it moves, because the leverage ets charges you, even if the etf doesnt move. much like decay on an option. i could be worng bu thats what i understood.
@DannyOvox34 жыл бұрын
Just be a math genius is easy anybody can do it
@algoluvr18164 жыл бұрын
@@believeinpeace8975 Well done! 💯
@matts55354 жыл бұрын
Can't get passed through the hillbilly...
@lasvegasadventures87293 жыл бұрын
@@matts5535 ..lol..Let's see you put up $1 milli to play in a poker tourney,
@duncano943 Жыл бұрын
Nice interview but if I hear niche pronounced this way again I'm going lose it!! Honestly
@小师妹-q7t4 жыл бұрын
Hello, sir, each video is very long. Can you shorten the time and make the content more refined?
@willrocksBR4 жыл бұрын
Well aren’t you an entitled idiot?
@jorikkuipers14515 ай бұрын
Please no!
@Walk.InHisWays4 жыл бұрын
“Trading Genius Raphael Palmdale” - KZbin channel. Thank me later bro’s