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Chat With Traders

077: Dennis Dick – How to be a Profitable Short-Term Trader in a High Frequency World

Chat With Traders

Tessa Dao

Education, Business, Investing

4.92.3K Ratings

🗓️ 16 June 2016

⏱️ 71 minutes

🧾️ Download transcript

Summary

You’re about to hear a really interesting conversation I had with Dennis Dick. Dennis first started out meddling with penny stocks, before soon joining a well-established prop firm known as; Bright Trading—this was in the late 90’s. To this day Dennis remains with the same firm, still as an active short-term equities trader, but also as their Market Structure Analyst. If his voice sounds familiar, that’s probably because he’s the co-host of Benzinga’s PreMarket Prep live morning show too. Some of the key talking points that come up over the next 60 minutes, include; scalping, surviving as a short-term trader in a high frequency world, various order types, and the opportunities that can be found trading the open (this is actually where Dennis makes 50% of his money each day—within the first five minutes). --- Sponsored by TradeStation.com – TradeStation, an award-winning broker, equip clients with remarkable technology for an advantage in competitive markets and so much more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Chat with traders is sponsored by Trade the Pool.

0:03.6

Our concerns about limited buying power, insufficient capital,

0:07.3

or fear of losing your own money,

0:09.5

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0:12.4

Trade the Pool is an online stock trading prop firm

0:15.8

that offers funding for stock traders.

0:18.1

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0:21.0

and keep your profits.

0:22.5

You can engage in intraday trading,

0:24.9

and now swing trading on Trade the Pool.

0:27.8

With any US stock or ETF,

0:30.3

the procedure is straightforward.

0:31.9

Pay in evaluation fee,

0:33.4

successfully complete the evaluation, and get funded.

0:36.8

Visit tradethepool.com forward slash chat to learn more.

0:44.6

Markets, speculation, and risk.

0:47.3

This is the Chat with Traders podcast,

0:49.8

hosted by Aaron Feifield.

0:53.1

How you doing, guys?

0:53.9

You're listening to Episode 77,

0:55.6

and I am your host, Aaron Feifield,

0:57.9

as per usual, thank you for being here.

...

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