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Chat With Traders

128: Andy Kershner – Risk Tolerance, Daily Habits and Trade Critiques

Chat With Traders

Tessa Dao

Education, Business, Investing

4.92.3K Ratings

🗓️ 8 June 2017

⏱️ 50 minutes

🧾️ Download transcript

Summary

Andy has been an active stock trader since the early 90’s, and in 2001 he founded Kershner Trading Group—a proprietary trading and technology firm in Austin (Texas) and, through a partnership with SMB Capital, Kershner Trading have a second office in Midtown (Manhattan) too. So, what did we talk about? Andy's ability to take pain on adverse positions, whether or not this has been a key ingredient to his trading success, and do traders with higher risk tolerances make more money. Andy also shares his daily habits and critiques a trade which didn't go so well from the session prior to recording this episode. And naturally, we cover a few other things too... -- Sponsored by TradeStation.com: Very few online brokers offer the services, tools and technology (all-in-one!) – for active traders – like TradeStation do. 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.

0:54.1

This is the Chat with traders podcast hosted by Aaron Feifield.

1:01.8

Thank you so much for tuning in to episode 128.

1:09.0

This week, Joining me is Andy Kershner.

1:12.7

Andy has been a trader since the early 90s, and somewhere around 2001, he founded Kershner

1:19.3

Trading Group, which is a proprietary trading and technology firm in Austin, Texas, and

1:25.6

also through a partnership with S&B Capital, Kershner Trading have a second office in Midtown,

1:32.1

Manhattan.

1:33.1

So, what did we talk about?

1:35.6

Well, we spoke about Andy's ability to take pain on adverse positions as though that's

...

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