184: Mike Mangieri – Behind the Scenes of an Equities Day Trading Firm

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 28 November 2019

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mike Mangieri’s a co-founder and managing partner of Seven Points Capital—a proprietary trading firm in New York, and with several smaller offices in other U.S. cities as well as Toronto. Although Mike occasionally trades in volatility products, his days mostly revolve around operations of the firm and overseeing the traders. Therefore he has a slightly unique perspective on things, compared to the perspective of an individual trader… In our conversation we roll through subjects, such as; the birth of a trading firm, a day in the life of Mike, monitoring risk—both, on a firm and individual level, psychology and mindset, examples of general interactions that Mike has with the traders—and some of the difficult conversations he has from time to time, plus more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Chat with traders is brought to you by Trade the Pool.
0:03.6	Is a lack of buying power, capital, or fear of losing your own money, preventing you from
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0:20.8	You can trade any stock or ETF in the US markets.
0:23.5	The process is simple.
0:24.8	Pay for an evaluation fee, pass the evaluation, and get funded.
0:29.0	Visit tradethepool.com-forge-chat to learn more.
0:35.7	Discover Tasty Trade, a high-performance online trading platform.
0:40.1	Experience speed, reliability, and security while trading stocks, options, futures, and cryptocurrencies
0:46.0	on desktop, web, or mobile.
0:48.1	Empower yourself with exceptional tools and resources to confidently seize opportunities.
0:53.6	Visit TastyTrade.com-cwt.
0:57.7	TastyTrade, previously known as TastyWorks, is a registered broker-dealer and member of
1:02.8	FINRA, NFA, and SIPC.
1:09.6	Markets, speculation, and risk.
1:12.5	This is the Chat with Trader's podcast hosted by Aaron Feifield.
1:18.2	What's up everyone?
1:19.2	Thank you for being here on Episode 184.
1:23.2	A few weeks back, I mentioned to you that there was going to be an interview with Mike
1:27.3	Manjeri.
	...

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