The Ego In Trading - Transitioning From Discretionary to Systematic Trading w/ Dale Miller

Summary

In this episode, I welcome on recent Montreal Trader Meetup presenter Dale Miller.  

Dale has had a long trading career with stints on various trading desks trading derivatives, OTC products, and exchange-traded products. 

In this show, we discuss a plethora of topics and ideas including - 

• Trading on a proprietary energy trading floor 
• The fallout when Enron collapsed
• Knowing who is on the other side of the trade
• The differences between trading OTC vs. trading on an exchange
• The social aspect of trading
• Transitioning from trading on a proprietary floor to 
• The ego in discretionary trading
• Moving from discretionary trading to systematic
• The importance of waiting for signal completion
• The Ego In Trading
• Trusting the model

The purpose of the Trading Perspectives Podcast is to feature and share the trading stories and perspectives of the Montreal Trading community.

Resources Mentioned

Principles:  Life and Work - One of the most recommended business and trading books of 2018.

Reminiscences Of A Stock Operator - Story of Jesse Livermore

Diary Of A Professional Commodity Trader - Written by longtime trader Peter Brandt