196 · My First Year Trading Full-Time: Prop Trader, Ryan Trost

Aaron Fifield Podcast Leave a Comment

For this third episode in the My First Year Trading Full-Time series, I speak with Ryan Trost. At the time of recording, Ryan had recently crossed 12-months as a junior equities trader at SMB Capital in New York City…

Timestamps & Topics:

Please note: Exact times will vary depending on current ads.

  • 02.15 – Trading TSLA during its parabolic move in February 2020.
  • 09.20 – Ryan’s trajectory in life prior to pursing a trading career.
  • 20.54 – Early trading experiences, and reasons for seeking out a prop firm.
  • 31.50 – Questions asked during the firms’ recruitment interview.
  • 33.30 – The structured learning process for new hires.
  • 41.40 – Lessons learned from many months of consistent losses.
  • 46.36 – Discovering your best plays as a new trader.
  • 50.35 – An example setup from Ryan’s high-beta system (chart below).
  • 53.05 – Psychology shouldn’t be underestimated in performance-based roles.
  • 58.45 – Best and worst trading days, and calculated method for scaling risk.
  • 1.10.50 – Areas where Ryan is trying to improve and get better.

Cumulative PnL: December 2018 – May 2020.

Links & Resources:

Setup example: NVDA, 14th April 2020 – Chart, including pre-market.

Setup example: NVDA, 14th April 2020 – Chart, including trades.