055: Nathan Michaud – Trading Momo Stocks, and Scaling Up for Larger Gains w/ Investors Underground

This interview podcast features day trader Nathan Michaud, discussing his two-decade career. The episode begins with an introduction to Michaud and his recent charitable work, then delves into his early trading experiences, including significant losses and regulatory issues. Michaud details his current trading strategies, focusing on momentum in small-cap stocks, primarily short selling, and emphasizes the importance of risk management, particularly in high-volatility situations. He advises traders to identify their strengths, avoid emotional biases, and prioritize consistency over chasing large gains. Listeners gain insights into his pre-market preparation, including scans for breakout and breakdown stocks, and his "nail and bail" approach.