293 · Rick Bandazian Jr. - The Art of the Wait: Merger-Arbitrage Killer Moves

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 19 December 2024

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Rick Bandazian Jr., a seasoned trader with over 15 years of experience in event-driven and merger-arbitrage strategies, reflects on transitioning from an analyst at JP Morgan and First New York Securities to establishing himself as an independent trader. Rick emphasizes his deep expertise in anticipating market moves based on nuanced corporate actions and his methodical approach to understanding catalysts. Despite the fast-paced nature of his work, Rick maintains consistency by staying disciplined, even during market lulls. Beyond trading, he’s a volunteer firefighter, driven by a strong sense of community. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Chat with Traders is brought to you by Trade the Pool.
0:04.2	Becoming a funded trader means trading with the firm's money instead of your own.
0:08.7	At Trade the Pool, you first complete an evaluation by hitting profit targets while managing
0:13.9	risk. Once you pass, you get access to up to $260,000 of buying power. You keep up to 80% of your profits while the firm covers the risk.
0:23.8	It's the perfect way to trade big without risking your own funds.
0:28.6	Are you ready to become a funded trader?
0:30.5	Join Trade the Pool.
0:32.3	Chat with Traders is also brought to you by Tasty Trade.
0:35.6	Ditch those rookie trading apps.
0:40.5	Get Tasty Trade, the platform for serious traders. Chart with 300 plus indicators. Know your profit odds and move fast. Trade stocks,
0:48.4	options, futures, and more, all in one account. See why serious traders choose TastyTrade. Visit Tastytrade.com.
0:57.4	TastyTrate Inc. is a registered broker dealer and FINRA, NFA, and SIPC member.
1:03.0	Trading in the financial markets involves a risk of loss.
1:06.5	Podcast episodes and other content produced by chat with traders are for informational or educational
1:12.1	purposes only and do not constitute trading or investment recommendations or advice.
1:18.7	Sitting at the desk, I don't remember the ticker, but the Wall Street Journal broke a story
1:22.7	about XYZ being in talks to be bought. Boom, boom, boom, boom. I type the ticker and boom, boom, boom,
1:28.0	boom, boom, I hit the hot key. And whether it's in trading or anything else in your life,
1:32.8	sometimes you react really quick. And then one second later, you go, oh, shit. Like, what did I just do?
1:39.3	So I get out of the trade as fast as I get into it. And I look up at my P&L and I go, oh my God. Like I made
1:46.8	more money than I made as an analyst in about like 20 seconds.
1:53.5	Markets, speculation, and risk. This is the Chat with Traders podcast.
	...

Transcript will be available on the free plan in -56 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Tessa Dao, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Tessa Dao and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.