As we round into the holiday season at the Topstep office, Jack and Dan are ending the year strong with their last interview of the year. Greg Baird comes onto the show to break down all things stocks, futures and options as well as what it’s like to answer the lure of the pit when you’re just getting started. 

Greg talks about the importance of always making adjustments when you’re trading, getting into the rhythm but also creating distractions so you can enjoy the process. It’s not all about the money after all. But first, Jack and Dan break down the latest news from the market, the start of the COVID-19 vaccine rollout and...dead squids? All that and more on this week’s Limit Up! by Topstep.

• (02:14) - Market reaction
• (05:58) - Interview with Greg Baird
  • (06:36) - Getting to the pit
  • (09:34) - Last year was easier
  • (11:32) - Time decay
  • (12:43) - Leaving the floor
  • (14:33) - Limit Up! Episode #044 with Annie Duke
  • (16:31) - The stakes
  • (20:05) - In rhythm
  • (21:21) - Comparing crashes
  • (26:24) - Accessibility
  • (27:16) - Fair value focus
  • (29:08) - The scalping game
  • (31:27) - Creating a distraction
  • (34:54) - Retirement
  • (36:05) - Enjoying the process

Limit Up! is a podcast for traders of all levels brought to you by Topstep. Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory. Risk Disclosure: https://www.topstep.com/risk-disclosure/

Jack Pelzer is a co-host of Limit Up! He traded as part of a U.S. Treasury group for 7 years at Chopper Trading and DRW. After leaving the industry, he became a Writing Fellow and Senior Contributing Writer for The Onion. He is now the Head of Content at Topstep.

Dan Hodgman is a co-host of Limit Up! Prior to coming to Topstep Dan traded 30 Yr Treasury Options and Yield Spreads. Before that, he served in the United States Marine Corps where he simultaneously managed his own Futures Account applying the skills he grew up learning from clerking on the trading floor. Now Dan works with the Traders here at Topstep as a Performance Coach as well as being a regular on the Daily Market Recap.

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Podcast episode production by Dante32.