The Man That Backed Paul Tudor Jones From $3M To Over $8B - Mike Dever

20% Off forex funding with Hola Prime: https://holaprime.com?affiliateId=697(Or Use Code: TOT) 30% off all funding with Alpha Capital: https://app.alphacapitalgroup.uk/signup/TOT(Or Use Code: TOT)Get 20% off journaling with Tradezella: https://www.tradezella.com/?via=waqar(Or Use Codes: ToT10 or ToT20)__________________________________________ 🔗Connect with Waqar here: https://www.youtube.com/@WaqarAsim./videosTitans Of Tomorrow here:https://www.instagram.com/titansoftomorrowpodcastGuest (Mike Dever): https://x.com/mikedever____________________________________________________________________Chapters:0:00 - Intro2:05 - Why Most Traders Take Unnecessary Risk5:22 - Understanding Return Drivers8:32 - Momentum vs Mean Reversion13:10 - Why Mastering One Market Can Be Dangerous15:30 - Systematic vs Discretionary Trading19:26 - Why Sentiment Drives Markets24:18 - The “Free Lunch” In Trading28:48 - How To Test Strategies That Rarely Trade33:10 - Protecting The Downside Without Killing Upside37:28 - Mike’s Risk Replacement Model42:21 - Replacing Risk Instead Of Just Reducing It47:59 - 47-Year Trader On Day Trading49:06 - Is Alpha Decay Overhyped?51:06 - Trading Psychology For Systematic Traders55:21 - Surviving Decades In The Markets58:15 - How Mike Spotted Paul Tudor Jones Early1:03:13 - Why “Buy Low, Sell High” Is Bad Advice1:09:09 - Trading vs Investing: Which Is Really Safer?1:14:26 - 47 Years Of Trading AdviceThis episode is brought to you by Hola Prime, the first prop trading firm in history with a Deloitte-audited payout record. 98.35% on time. Zero denials. Trade with them and get 20% off:https://holaprime.com?affiliateId=697(Or Use Code: TOT)