087: Tom Sosnoff – Speaks on Life Experiences, Trading Options, and Reaching Your Potential

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 25 August 2016

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week on the podcast, I spoke with Tom Sosnoff, who many of you will already know—he’s pretty close to a household name name in this industry. But if you don’t… Tom was a floor trader at the CBOE for 20 years, later going on to co-found thinkorswim—a widely popular online brokerage. In 2009, thinkorswim was sold to TD Ameritrade for approximately $606M, and Tom left the company shortly after to start financial news show, tastytrade. In this episode we hit on; the issue with being too risk adverse in markets and in life, Tom’s extensive trading career, plenty of talk about options, the value of intellectually challenging ourselves (with respect to finance), and more. -- Sponsored by TechnicianApp.com – Technician is a free-to-use charting and analysis platform, built for mobile, web and desktop. Visit TechnicianApp.com to sign up and try it out! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Chat with traders is brought to you by Trade the Pool.
0:03.6	Is a lack of buying power, capital, or fear of losing your own money, preventing you from
0:08.8	taking your trading to the next level?
0:11.0	Trade the Pool is an online stock trading prop firm that funds stock traders.
0:16.3	You show them your skills, trade their capital, and keep your profits.
0:20.8	You can trade any stock or ETF in the US markets.
0:23.5	The process is simple.
0:24.8	Pay for an evaluation fee, pass the evaluation, and get funded.
0:29.0	Visit tradethepool.com-forge-chat to learn more.
0:35.7	Chat with traders is also brought to you by the Chat with traders' community.
0:39.5	We'll keep this announcement short.
0:41.2	We just want you to visit chatwithtraders.com-community to learn more about what our community is all about.
0:47.5	Thank you, and we wish you all the best in your trading journey.
0:54.6	Trade is what's going on and pleased to have you here.
1:05.6	Let me introduce this week's guest.
1:08.3	This week on the podcast I spoke with Tom Sosnov.
1:12.0	Many of you will already know who Tom is.
1:14.2	He's a pretty popular name within the industry, but if you don't, Tom was a floor trader on
1:18.8	the CBOE for roughly 20 years.
1:21.7	Before going on to co-found Thinkor Swim, a very popular trading platform and brokerage.
1:27.6	In 2009, Thinkor Swim was sold to TD Ameritrade for approximately $606 million.
1:34.2	Tom left the company shortly after and started financial news show, Tasty Trade.
	...

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