In this conversation, Max Thomas, CEO of Traders Launch, discusses the challenges and successes of launching a prop firm. He emphasizes the importance of trading equities and the unique challenges it presents in the prop trading space. Max also highlights the value of data in augmenting traders' performance and shares insights on risk management strategies. He discusses the benefits of running prop challenges and competitions and the importance of maintaining a supportive community. Max also shares his disdain for the prop trading industry and offers advice for traders looking to sign up with a prop firm. The panelists highlight the value of simplicity in trading strategies and the dangers of overcomplicating them. They also discuss the challenges of data analysis and testing, as well as the importance of managing emotional highs and lows in trading. The episode concludes with a discussion on the difficulty of predicting trader behavior and the role of collective agreement in trading decisions.Join the Discord (ours or Trader’s Launch!) for access to the after-show recordings!Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at [email protected] or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at [email protected] Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About the Panelists:About Max:Max Thomas is the Co-Owner of Traders Launch. With a background in game development and a deep understanding of crowd behavioral dynamics, he ventured into the financial markets. Embracing a quantitative approach, he merges statistical methods with rules-based discretionary systems. Together with his co-founder, Connor Holly, they are on a mission to unlock new opportunities in the world of retail trading.Traders Launch - Website Link**Use our Affiliate Code 2BULLSPODCAST10 to save 10% on your purchase!**Follow Max on TwitterFollow Traders Launch on TwitterJoin the Trader’s Launch DiscordBaba Yaga:Solving problems, helping set goals and refining processes is the bulk of Baba's passion. He does that in many contexts, ranging from non-profits to real estate and everything in between. He focuses on market structure through the lens of TPO charting and executes based on volume, misplaced large orders and Delta. He loves the opening range breakout and typically trades the market from the "inside out."Follow Baba on TwitterMr. Banks:Working as a commercial banker and trading on the side helped Mr. Banks develop his trading style into what it is today. As a banker, his main thought is: “What’s the worst that can happen and how can I mitigate that risk?” Taking that same thought process into trading has made him focus more on his trade setups. Trade with confidence, trade what the market gives and limit the unknown factors. Follow Banks on TwitterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

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