Rick Bandazian Jr., a seasoned trader with over 15 years of experience in event-driven and merger-arbitrage strategies, reflects on transitioning from an analyst at JP Morgan and First New York Securities to establishing himself as an independent trader. Rick emphasizes his deep expertise in anticipating market moves based on nuanced corporate actions and his methodical approach to understanding catalysts. Despite the fast-paced nature of his work, Rick maintains consistency by staying disciplined, even during market lulls. Beyond trading, he’s a volunteer firefighter, driven by a strong sense of community.
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Topics & Timestamps:
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- 00:00 Introduction and background
- 07:00 Role as an analyst
- 11:30 Transitioning from an analyst to a trader
- 17:50 Leaving the prop firm to trade solo
- 30:00 How he trades event driven news
- 35:30 Risk management
- 38:30 Offside trading
- 43:00 Catalyst for market reversal
- 55:25 What Rick struggles with most
- 57:45 How to reach Rick
Rick Bandazian Jr.
Links & Resources
- Connect with Rick on Substack: https://offthetape.substack.com/