This podcast episode provides valuable insights into the journey of transitioning from retail to prop trading, detailing the necessary adjustments and the advantages that come with it, such as greater access to resources and collaborative opportunities. Nico shares his experience in building a trading team in San Diego, emphasizing the importance of a supportive environment and a growth mindset. He reflects on his evolving trading strategies, focusing on risk management through hard stops and the patience required for execution. Furthermore, he addresses the complexities of navigating the micro market, offering practical advice for new traders to respect risk and let the market dictate their actions, ultimately underscoring the balance between ambition and caution.
