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.
Timestamps:
Please note: Exact times will vary depending on current ads.
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
Links + Resources:
● Connect with Rick on Substack: https://offthetape.substack.com/
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#daytrading #stockmarket #arbitragetrading
Disclaimer:
Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice.