This podcast episode offers a comprehensive look into the workings of a proprietary trading firm through the lens of Mike, the managing partner at Seven Points Capital. It discusses the intricacies of managing capital, the daily life of a partner, the importance of risk management at both individual and firm levels, and the mental health challenges faced by traders. Mike highlights the impact of social media on trading decisions, the necessity of mentorship for accountability, and the importance of nurturing a supportive culture within the firm. The conversation emphasizes the evolving nature of trading talent and the need for firms to adapt while maintaining responsible risk management and a collaborative environment.
