Trading Strategies

Limit Up! Podcast: Going On Tilt

Topstep
March 22, 2021 02:15 PM
This podcast was first published by Topstep on March 18, 2021
Topstep Tilt

Topstep Tilt

 

FULL SHOW NOTES

If you’re down on your luck, take a break from trading. If you’re on a hot streak, take a break from trading. There are countless stories of people getting in over their heads, so knowing your out is one of the most important skills to develop.

This week on the podcast, Jack and Dan define “going on tilt.” Listen to learn the history of the term and the lessons to take from traders such as Evan Dooley.

• (02:23) – Market Mania
• (03:52) – Going on tilt
• (06:28) – Pull tabs
• (08:36) – Evan Dooley
• (15:29) – Scalability
• (24:37) – Warning signs
• (27:31) – Billions
• (27:54) – Be your own risk manager
• (32:42) – Trading ego

 

Limit Up! is a podcast brought to you by Topstep about trading, trading psychology, trading life, and pretty much whatever else the wonderful world of markets has to offer. It’s hosted by two former professional traders, Jack and Dan, who still dabble in futures, forex, options, political betting—they basically love to follow the action. They’ll teach you how to trade, but more importantly, how to develop the habits that make traders good. Risk Disclosure: https://www.topstep.com/risk-disclosure/

About the Author
Topstep is an innovative, Chicago-based fintech company committed to delivering high-value offerings to retail traders. Topstep provides an opportunity for them to learn to manage risk, gain confidence and trade without risking personal capital.