World’s Greatest Trader Reveals His Secrets

Tom Sosnoff is the Founder of TastyTrade and the CEO of TastyLive. He is also an entrepreneur with over $2 billion in exits. In this conversation, we discuss economic data points that may be wrong, how he built such great products, how he thinks about trading 100 positions a day, why he makes 18,000 trades per year, and the daily mindset of a trader.

TIMESTAMPS:
0:00 - Intro
2:14 - 18,000 trades a year?!
7:13 - Day trading mindset
11:30 - Building and selling companies
21:07 - Market data points
24:49 - Are bear markets gone?
29:11 - Crypto
32:28 - 24/7 stock trading?
35:28 - Gambling vs. stock market
36:58 - Tom’s trading process
40:52 - Best trade
44:15 - Worst trade
46:57 - Tom's portfolio
48:44 - Market landscape and outlook

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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

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