You are currently viewing 042 – Interview w Robb Reinhold of MaverickTrading.com

042 – Interview w Robb Reinhold of MaverickTrading.com

Consistent Profits Podcast
Consistent Profits Podcast
042 – Interview w Robb Reinhold of MaverickTrading.com
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Download your free copy of “Break the Cycle” and interrupt the patterns of the past so you can stop giving back your profits —}  https://insideouttrading.com/break-cycle/

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For those of you not already familiar with Robb, he is the head trader/owner of Maverick Trading and Maverick Currencies, a US based proprietary trading firm that has been in business since 1997.   Robb started trading professionally in 1997 after a year or two of dabbling in the early days of online trading.   As the head trader overseeing hundreds of traders, his main focus has been in Trading Psychology over the last 15 years as that is the #1 thing causing traders to struggle/fail.  

In addition to having written the book, “Maverick Trading: Proven Strategies for Generating Greater Profits” and running a prop firm, there are a couple of things that are unique to Robb.  The fact that he prioritizes psychology is nothing new, but what Robb has done differently is he actually developed the Trader Personality Test and we’ll find out about that today.  Robb also makes the strong assertion that the exit is where the pros succeed.  He even has gone so far as to demonstrate this with his Flat Earth Tradin Society Youtube Channel, where places trades that are completely random.  

Watch it here on YouTube —} https://youtu.be/my2aAA0RJ5M

Show Notes

  • Rob’s initial interest in trading from a young age and how it evolved over time.
  • The philosophy behind Maverick Trading and its departure from traditional Wall Street approaches.
  • Rob’s experience co-authoring a book on options trading strategies and risk management.
  • Maverick’s philosophy, emphasizing the importance of risk management, adherence to trading plans, and individualized strategies.
  • The significance of understanding trading personalities, using a Myers-Briggs-style test for traders, and aligning trading strategies with individual tendencies.
  • We discuss on the continuous evolution of trading spaces, technological advancements, market dynamics, and the potential impact of AI in trading.
  • Rob shares the response to the Flat Earth Trading Society experiment and the surprise regarding YouTube’s categorization of the content as conspiracy theory-related.
  • Insights into the significance of psychology in trading, referencing a story of a chess player training based on end-game strategies rather than openings. Discussion on the psychological aspects of playing chess and its parallels in trading.
  • Exploring the growing role of AI and machine-assisted trading in shaping trading strategies, emphasizing the need to stay updated and leverage technology to enhance trading practices.
  • We discuss the benefits of trading within a proprietary firm setting, highlighting the value of oversight, accountability, mentorship, and structured support for traders.

This podcast is brought to you by https://InsideOutTrading.com, where the focus is specifically on CONSISTENCY, so you’ll find all sorts of unique resources to help you trading profitably and with confidence.

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