Principal at Praus Capital Management, LLC
Record Date: 1/28/19
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- Full Time Job to Full Time Trader
- Building an Automated Strategy
- Position Sizing & Trading Edge
- Independent Trader to CTA
Q. What Trader has influenced your life the most and why?
A. No one in particular. Have taken different things from different people.
Q. What was one of the hardest things for you to overcome in Trading?
A. The success he had early on in College…became over confident.
Q. How has your trading process evolved over the years?
A. Discretionary to Systematic.
Q. What is one attribute that you believe every trader should have?
Q. Favorite Book About Trading?
A. Market Wizards
Q. Favorite Movie or TV Show About Trading?
A. The Big Short
Q. What’s the best advice you’ve received about Trading?
A. Don’t focus on your next trade, focus on your next 1000 trades
Q. If you can give a piece of advice to the younger you, what would it be?
A. Identify your edge and be specific. Figure out what you do better than 90% of other traders. If you don’t have that then you shouldn’t be trading.
Q. If you had to elevator pitch me your edge in trading, what would you say?
A. It’s a seamless process in developing strategies from idea generation to coding those strategies and deploying those live
Q. Favorite thing to do when not trading?
A. Spend time with Family