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029 – Interview w Michael Katz of Trade the Pool
Michael is the CEO of Trade The Pool, a well-known prop firm that gives hundreds of stock traders access to unlimited trading capital in return for a share of the profits they make. Michael has 15+ years of experience in day trading stocks and futures and developing tech tools for traders. He has developed many trading strategies with a focus on reading a naked chart, momentum trading, and buying dips in the market. Before joining Trade The Pool, Michael was the head of the traders of a large trading prop firm in Tel-Aviv, Israel, and mentored thousands of traders worldwide. Watch it here on YouTube ---> https://youtu.be/T4nbZpjMAhg Show Notes • Michael’s journey in starting and learning day trading by seeking out a mentor • When did he decided to become a mentor in the trading space and formalize it as a business operation • How he got the background and skillset to develop the FinTech apps • Taking a big leap from mentoring people to being the CEO of Trade the Pool • How the trade revolution platform got him off the Trade the Pool Prop Firm and the adjustment he had made when entering the new Prop Firm • The four different tiers and the standard profit goal and the percent drawdown between the tiers • Profit goal has to be double whatever your drawdown is • Is the Trade the Pool prop firm focuses on forex or do they also do stocks • His Prop firm plans for further expansion • The obstacles that traders run into which keeps them from making consistent profits • How does the process work when he is onboarding a trader and do the trader need to use any other platform 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. • Book a free consultation with Brian here 🡪 https://insideouttrading.com/book-a-call-w-brian/ • "The Science of Consistency Applied to Trading" video -- https://insideouttrading.com/r....egister-for-the-scie • The Proven Formula for Consistent Monthly Profits -- https://insideouttrading.com/ • "Enough To Be Dangerous" short report --- https://insideouttrading.com/enough-to-be-dangerous-report/ • Work with Brian -- https://insideouttrading.com/schedule-a-call-with-brian/ • Join the Consistent Profits Club and get a load of free trader resources to help you make greater and more consistent profits ---} https://insideouttrading.com/ About the podcast • On Spotify - https://podcasters.spotify.com..../pod/show/brian-mcab • On Apple Podcasts - https://podcasts.apple.com/us/....podcast/consistent-p • On YouTube - https://www.youtube.com/playli....st?list=PLWBHY_-GTmg • On Google Podcasts -