Key insights

• ⏰ Max Ganic's morning routine and preparation for the trading day
• 📞 Importance of morning calls and game plans with specific teams and the firm
• 💼 Different styles of trading days: extremely active, mixed, and dead action
• 🔄 Focus on specific trades like swing positions and morning traits
• 📉 Continuous adjustment of risk limits based on trading performance
• 😬 Experiencing significant drawdown and the resulting stress
• 💰 Day of trading with price movements from 45 cents to 145 dollars
• 📈 Preparing for the FED announcement and not expecting directional moves until then

Q&A

• What is the emphasis in the video content and what resources are available?

  The video emphasizes saving risk and mental capital, aiming for consistent profitability, learning from the speaker's success, and offers free cheat sheets for stock trading strategies.

• How does the trader prepare for FED announcements and manage trading after the announcement?

  The trader prepares for the FED announcement, makes a morning trade, refreshes at the gym midday, and maintains extreme discipline in trading after the FED cut by 50 basis points.

• What topics are discussed in relation to trade indicators and personal trading experience?

  The speaker covers trade indicators, GDP growth, labor market conditions, monetary policy actions, and reflects on personal trading experiences and teamwork dynamics in a reflective and analytical tone.

• How does the trader manage their day, including mental energy and breaks?

  The trader navigates price fluctuations, manages mental energy, takes workout breaks, enjoys snacks, and remains selective and cautious during high-risk moments, particularly with B and C trades.

• What experiences of risk management and costly mistakes does the trader share?

  The trader discusses adjusting risk limits, experiencing drawdown and stress, sizing down during drawdown, making costly mistakes due to misjudging volatility, and facing large financial losses in different market climates.

• What does a typical day as a trader look like?

  Max Ganic shares his morning routine, the importance of team calls and game plans, different trading day styles, and focuses on specific trades like swing positions and morning traits.

• 00:00 Max Ganic, a trader at SMB, shares his typical day as a trader, including morning routine, team calls, different styles of trading days, and focus on specific trades like swing positions and morning traits.
• 03:35 A trader shares experiences of risk management, exponential growth, drawdown, and making costly mistakes in the market.
• 07:41 A day of trading with ups and downs, managing mental energy, workout breaks, and enjoying snacks. Being selective in high-risk moments and staying cautious with B and C trades.
• 11:40 Discusses trade indicators, GDP growth, labor market conditions, and monetary policy actions, while reflecting on personal trading experience and teamwork dynamics. Overall tone is reflective and analytical.
• 15:09 The speaker discusses preparing for the FED announcement, making one trade in the morning, going to the gym to refresh, and being disciplined in the market after the FED cut by 50 basis points.
• 18:32 Save your risk and mental capital, aim for consistent profitability, watch our video to learn from our success, and get free cheat sheets for stock trading strategies.