Guest:
Merritt Black
Head of Futures & Commodities at SMB Capital
Record Date: 8/14/18
httpss://www.youtube.com/watch?v=2QO23-jVryE
Listen on —> iTunes
Listen on —> SoundCloud
Topics:
- Choosing to Trade Futures over Stocks
- Choosing Prop Trader vs Independent Trader
- Why Merritt Trades Crude Oil
- Merritt’s Technical Strategy
- What gives Merritt an Edge & Why
- Entry & Exit Strategy
- Context is King
- Trading around a Core Position
- Process for Trading Bigger
- Trading Psychology
Rapid Fire:
Q. What Trader has influenced your life the most?
A. The guys at SMB Capital
Q. What was one of the hardest things you’ve had to overcome in trading?
A. Myself
Q. How has your trading process evolved over the years?
A. Started off with clean charts and just focused on price & then added a contextual layer with Market Profile.
Q. What is one attribute you believe every trader should have?
A. Dogged tenacity.
Q. Favorite Book About Trading?
A. Trading in the Zone
Q. Favorite Movie or TV Show About Trading?
A. Trading Places
Q. What’s the best advice you’ve received about Trading?
A. First be unoriginal
Q. If you could give the younger you advice after everything you’ve learned about trading what would it be?
A. Teach how to prevent lying to myself
Q. When you’re not trading what’s your favorite thing to do?
A. Golf