Episodi

  • Ep 10: The Pro Retail Trader: Brutal Honesty, Real Edges & What Trading Really Costs

    Ep 10: The Pro Retail Trader: Brutal Honesty, Real Edges & What Trading Really Costs
    Feb 18 2026
    What if the biggest edge in trading isn’t a strategy but radical honesty about who you are, what you want, and what’s actually possible? Trader, author, and mentor Steve Ruffley reflects on a career shaped by more than two decades in the markets, from his early days on electronic trading floors to becoming a trusted voice for retail traders seeking clarity over hype. Drawing on lived experience, he challenges myths about professional trading, explains why unrealistic expectations derail most traders, and outlines the thinking behind his Pro Retail Trader philosophy, grounded in realism, structure, and a professional mindset. Key Takeaways True “pro trading” isn’t a mindset alone. It requires direct market access, fast information flow, execution speed, and scale that most retail traders will never have. You can trade professionally on a retail platform, but only by accepting its limits and building realistic expectations around them. Without structure, sufficient capital, and a proven plan, trading becomes John Wayne trading, random shots with random outcomes. Personality, emotional tolerance, patience, and self awareness matter more than indicators or strategies. Some people simply aren’t wired for trading. Mentorship isn’t about teaching, it’s about transition Connect with Steve Ruffley:https://www.steveruffley.com/https://www.linkedin.com/in/steveruffley/ Connect with Troy Noonan https://www.backpacktrader.com/ https://www.youtube.com/c/BackpackTrader
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    57 min
  • Ep 09: Trading with an Edge: The Moneyball Mindset for Freedom, Consistency & Control

    Ep 09: Trading with an Edge: The Moneyball Mindset for Freedom, Consistency & Control
    Feb 11 2026
    What if trading wasn’t about predicting the market but about building a repeatable edge that buys you your time back? Moneyball Austin is a data-driven trader who has built a location-independent lifestyle by prioritizing edge, disciplined risk management, and mindset over hype. Broadcasting from Puerto Vallarta, he reflects on his path out of the 9-to-5 grind and explains why most traders struggle to achieve consistency—often mistaking trading for gambling instead of running it like a business. Austin challenges the allure of rigid, mechanical strategies and emphasizes the importance of understanding probabilities, self-awareness, and psychology as the true differentiators of profitable traders. Moneyball underscores that real success in trading isn’t about flashy cars or status, but about freedom, sustainability, and long-term consistency. Key Takeaways Consistently risking the same small percentage per trade is what separates traders from gamblers. Step-by-step systems break down when traders ignore market context like macro trends, positioning, and higher-timeframe structure. Individual trades don’t matter—long-term execution of a proven plan does. Viewing trading as a 50/50 game helps remove emotional attachment and reinforces disciplined execution. An edge is simply a higher probability of one outcome over another, and without it, traders are just gambling. Connect with Moneyball Austin:https://www.moneyballtrading.com/www.youtube.com/@MoneyballAustinhttps://www.instagram.com/moneyballaustin/?hl=en Connect with Troy Noonan https://www.backpacktrader.com/ https://www.youtube.com/c/BackpackTrader
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    51 min
  • Ep 08: Continuous Innovation in Trading Platforms

    Ep 08: Continuous Innovation in Trading Platforms
    Feb 4 2026
    What challenges did traders face with the transition from floor trading to electronic platforms? Eddie Z, who embarked on his trading career at just 17 on the vibrant floor of the New York Mercantile Exchange, offers a unique perspective on starting in trading as a clerk. Immersed in the dynamic and often chaotic market environment, Eddie quickly developed a fascination with trading, fueled by his father's meticulous hand-drawn point and figure charts. Although he initially aspired to become a commodities futures trader, a chance opportunity led him to a 17-year stint as a stockbroker, during which he honed his skills and deepened his understanding of market dynamics. Eventually, Eddie's passion for technology and trading culminated in the founding of Easy Trading Computers, where he addresses the need for affordable, high-performance trading technology, emphasizing the crucial role of quality tools in a trader's success. Key Takeaways Early exposure to trading environment shaped Eddie Z's career path in the financial industry. Transition from fundamentals to chart patterns after a devastating loss refined Eddie Z's trading approach. Importance of powerful trading computers and reliable internet connection highlighted by Eddie Z. Challenges faced by floor traders due to the shift to electronically traded markets. Transition from managing clients' money to independent trading marked a turning point in Eddie Z's career. EasyBreakouts.com underwent a rapid overhaul to enhance user experience and provide valuable resources. Investing in the right tools like reliable internet connection and fast machine is crucial for successful trading outcomes. Connect with Eddie Z:https://eztradingcomputers.net/https://www.linkedin.com/in/eddiez-eztrading Connect with Troy Noonan https://www.backpacktrader.com/ https://www.youtube.com/c/BackpackTrader
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    50 min
  • Ep 07: Zero Commission Brokers Transform Retail Trading

    Ep 07: Zero Commission Brokers Transform Retail Trading
    Jan 28 2026
    What is the Trade Plan Hacking framework? Andrew Keene, the president and CEO of Alpha Shark Trading and a former CBOE floor trader, is renowned for his "trade plan hacking framework," which he believes is essential for transforming traders into the CEOs of their own trading businesses. This framework focuses on creating a structured trade plan, acquiring confidence in it through testing and practice, and ultimately executing it live, all while emphasizing trading discipline and integrity. Keene advocates for minimal trading, suggesting that a well-crafted day trade plan should require only an hour or less each day, while swing trading should involve tested and unique trade plans tailored to each symbol. He also warns retail traders about the risks associated with zero commission brokers and social media hype, stressing the need for rule-based strategies and understanding order flow to navigate the options market effectively. Key Takeaways Traders can become the CEO of their trading business by following the Trade Plan Hacking framework. Discipline and mindset are crucial in the trading world. The power of quitting in day trading helps avoid over trading and maintain discipline. Analyzing big flow data and sticking to rule-based setups are important in options trading. Learning trading techniques, strategies, and methods is crucial for success in trading. Retail traders now have low-cost entry and exit options with zero commission brokers. Watching order flow is important for making trading decisions based on insider information. Connect with Andrew Keene:https://alphashark.com/ https://www.linkedin.com/in/andrewkeenetrader/ Connect with Troy Noonan https://www.backpacktrader.com/ https://www.youtube.com/c/BackpackTrader
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    34 min
  • Ep 06: Mitigating Risks: Dynamic Stop Losses in Automated Trading

    Ep 06: Mitigating Risks: Dynamic Stop Losses in Automated Trading
    Jan 21 2026
    How can I combine manual trading with algo trading effectively? Cenzig Eller, the founder and CEO of Prosperity Algos Solutions, is a leading figure in the automation of trading strategies, particularly within U.S. equity markets and commodities like gold. Drawing from his extensive background in finance, high yield bonds, and infrastructure private equity, Eller is at the forefront of developing trading bots that mirror real trading strategies and create a new asset class of automated strategies. He acknowledges the potential of these bots to replicate the performance of leveraged ETFs with reduced downside risk, thanks to features like dynamic stop losses and the use of fundamental filters. Nonetheless, Eller maintains a balanced view, emphasizing the need for human oversight to counteract the limitations of automation, such as avoiding curve fitting and ensuring logical reasoning in strategy development. Key Takeaways Trading can provide a sense of liberation and adventure. Algorithmic trading in prop firms offers significant opportunities but requires discipline and effective risk management. Combining manual trading with algo trading creates diversified income streams and risk management strategies. Automating trading strategies requires a strong mechanical foundation, risk management, and portfolio diversification. Bot trading strategies aim to replicate leveraged ETF performance with reduced downside risk. Algorithmically managed portfolios aim to become a recognized alternative asset class by enhancing transparency and offering a premium client experience. AI integration in trading bots has positively impacted trading by enabling faster development, better data analysis, and news filtering capabilities. Connect with Cenzig Eller https://www.linkedin.com/in/cengiz-eller https://www.prosperityalgosolutions.com/ Connect with Troy Noonan https://www.backpacktrader.com/ https://www.youtube.com/c/BackpackTrader
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    53 min
  • Ep 05: Cloud Control Strategy for Trade Success

    Ep 05: Cloud Control Strategy for Trade Success
    Jan 14 2026
    What is the importance of developing and following a well-thought-out trading strategy? Mike Giles, a former home builder and homeowners insurance professional, ventured into trading with no prior experience in 2023, inspired by a webinar featuring Dr. Steve Turley and Troy Noonan. Initially skeptical about the complexity of trading, Giles decided to try the Backpack Trader system, trusting in Noonan's approach and Turley's endorsement. His fresh start, free from preconceived notions or bad habits, allowed him to quickly develop into a skilled trader, eventually hosting a live trade room for private CEO Trader Mastermind members. Emphasizing the importance of trust, discipline, and persistence, Mike Giles advocates for a well-structured trading plan and sees the Backpack Trader system as an effective tool for navigating the complexities of the trading world. Key Takeaways New traders benefit from not having preconceived notions and bad habits Belief in the trading system is crucial for success Persistence and discipline are key in trading Emotional control is essential for successful trading Creating and sticking to a trade plan is crucial for sustained success The importance of developing and following a well-thought-out trading strategy Trading rules and mechanical adjustments can enhance trading outcomes Connect with Troy Noonan https://www.backpacktrader.com/ https://www.youtube.com/c/BackpackTrader
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    38 min
  • Ep 04: Trader Community Collaboration for Success

    Ep 04: Trader Community Collaboration for Success
    Jan 7 2026
    Why is it important to define one's 'it' in trading? Tyson Clayton is a distinguished figure in the world of options trading, celebrated for his expertise in transforming intricate strategies into practical, digestible steps for traders. With over twenty years of experience, Tyson is a fervent advocate for systematic and strategic trading approaches like the double calendar and poor man's covered call, emphasizing their role in minimizing risk and generating steady income. He believes that the keys to success in trading lie not only in technical knowledge but also in cultivating faith and self-belief, dismissing the myth that options trading is inherently perilous when approached with skillful understanding. Additionally, Tyson is passionate about mentoring traders, focusing on both the emotional and technical dimensions of trading, and fostering a supportive community to aid personal growth and achieve long-term financial freedom. Key Takeaways Having systematic formulas and structured approach to trading helps avoid mistakes and leads to success. Defining one's 'it' in trading allows traders to attain freedom and motivates their trading goals. Starting with macro analysis, moving to sector analysis, and then focusing on specific stocks maximizes potential for profitable trades. Understanding options trading strategies like double calendar and poor man's covered call can lead to stable earnings and risk mitigation. Joining a trading community provides support, mentorship, and shared experiences for personal growth and success. Striving for financial independence through trading involves building assets for passive income and living life on one's own terms. Options trading allows for significant gains with minimal risk compared to traditional stock trading. Connect with Tyson Clayton http://investforit.com/ https://www.linkedin.com/in/tyson-clayton-1504692b?Connect with Troy Noonan https://www.backpacktrader.com/ https://www.youtube.com/c/BackpackTrader
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    38 min
  • Ep 03: Silver Trading: Hedging and Strategic Approach

    Ep 03: Silver Trading: Hedging and Strategic Approach
    Dec 31 2025
    Why is it crucial to have multiple income streams for long-term financial stability? Paul Mladjenovic, a seasoned financial educator and national speaker, has dedicated over 40 years to empowering individuals with the knowledge and skills necessary for achieving financial success. His journey from a poverty-stricken background to becoming a prominent figure in financial education illustrates his belief that true financial freedom is about waking up each day to do what you love. Mladjenovic emphasizes the importance of finding passion in one's work, which leads to excellence, recognition, and ultimately, financial success. By sharing practical wealth-building strategies, such as investing in dividend growth ETFs and creating multiple income streams, Mladjenovic inspires others to transform their financial futures through strategic planning and continuous learning.Key Takeaways Passion and knowledge are key in transforming one's financial future. Doing what you love is crucial to achieving financial freedom. Investing in human needs and profitable assets is essential for passive income generation. Establishing multiple streams of income through long-term sustainable investments is key to financial independence. Hedging positions and protecting investments are crucial in trading to prevent setbacks. Smart money management and having a winning trading plan are vital for consistent growth. AI technology provides valuable tools for making informed decisions and profiting from market opportunities. Connect with Paul Mladjenovic https://www.ravingcapitalist.com/https://www.linkedin.com/in/paulmladjenovic Connect with Troy Noonan https://www.backpacktrader.com/ https://www.youtube.com/c/BackpackTrader
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    45 min