Michael is the CEO of Trade The Pool, a well-known prop firm that gives hundreds of stock traders access to unlimited trading capital in return for a share of the profits they make.
Michael has 15+ years of experience in day trading stocks and futures and developing tech tools for traders. He has developed many trading strategies with a focus on reading a naked chart, momentum trading, and buying dips in the market.
Before joining Trade The Pool, Michael was the head of the traders of a large trading prop firm in Tel-Aviv, Israel, and mentored thousands of traders worldwide.
Watch it here on YouTube ---> https://youtu.be/T4nbZpjMAhg
Show Notes
• Michael’s journey in starting and learning day trading by seeking out a mentor
• When did he decided to become a mentor in the trading space and formalize it as a business operation
• How he got the background and skillset to develop the FinTech apps
• Taking a big leap from mentoring people to being the CEO of Trade the Pool
• How the trade revolution platform got him off the Trade the Pool Prop Firm and the adjustment he had made when entering the new Prop Firm
• The four different tiers and the standard profit goal and the percent drawdown between the tiers
• Profit goal has to be double whatever your drawdown is
• Is the Trade the Pool prop firm focuses on forex or do they also do stocks
• His Prop firm plans for further expansion
• The obstacles that traders run into which keeps them from making consistent profits
• How does the process work when he is onboarding a trader and do the trader need to use any other platform
This podcast is brought to you by https://InsideOutTrading.com, where the focus is specifically on CONSISTENCY, so you'll find all sorts of unique resources to help you trading profitably and with confidence.
• Book a free consultation with Brian here 🡪 https://insideouttrading.com/book-a-call-w-brian/
• "The Science of Consistency Applied to Trading" video -- https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/
• The Proven Formula for Consistent Monthly Profits -- https://insideouttrading.com/
• "Enough To Be Dangerous" short report --- https://insideouttrading.com/enough-to-be-dangerous-report/
• Work with Brian -- https://insideouttrading.com/schedule-a-call-with-brian/
• Join the Consistent Profits Club and get a load of free trader resources to help you make greater and more consistent profits ---} https://insideouttrading.com/
About the podcast
• On Spotify - https://podcasters.spotify.com/pod/show/brian-mcaboy8
• On Apple Podcasts - https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820
• On YouTube - https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ
• On Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8
• On Radio Public - https://radiopublic.com/consistent-profits-podcast-6Bx9yM
• On iHeartRadio - https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/
How to connect
• Website - https://tradethepool.com/
• On Facebook - https://www.facebook.com/trade.the.pool/
• On LinkedIn - https://www.linkedin.com/in/michael-katz-b0269b40/
• On Instagram - https://www.instagram.com/tradethepool/
• On Twitter - https://twitter.com/tradethepool1
• On YouTube - https://www.youtube.com/@tradethepool
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