How to Have a Successful Trading Career with Dan Hodgman Sr.

Limit Up! has got a new look. In our survey last year, the overwhelming consensus was that listeners were interested in more trader education. That’s why this week Jack and Dan are talking to trading legend, Dan Hodgman Sr. Dan has talked in the past about growing up with a trader for a father and this week you’ll hear from the man himself.Dan Hodgman Sr. discusses how the landscape of trading has changed, how he was able to build a balanced life for himself within the trading industry, and the mentorship that informed his years on the floor. Dan also talks about what risk really means and why you should never think of treasury bonds as money. Listen to the episode for tips and wisdom from a trading veteran.[00:16] - This week: Dan Hodgman[01:07] - Market reaction[04:19] - Interview with Dan Hodgman[05:46] - Family trading legacy[08:03] - From stockbroker to floor trader[10:53] - Trading classes[12:17] - What's my risk?[15:03] - Sizing down[17:59] - Controlling the trade[21:58] - Getting back into the game after a big loss[25:39] - Winning day mentality[27:53] - Statistics & probabilities[30:46] - Fortunate opportunities[34:54] - RetirementLimit Up! is a podcast for traders of all levels brought to you by TopstepTrader. 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/If you'd like to receive new episodes as they're published, please subscribe to Limit Up! in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show.Podcast episode production by Dante32.