Chat With Traders Podcast

In this episode we catch up with Patrick Petersson, who returns two years after his first interview on Chat With Traders on episode 260, where he shared his incredible story of overcoming hardship to attaining success in trading as a professional trader. Patrick has become best known for his intuitive, price-action, news-based, scalping trading style. Shifting from trading as a lone wolf to collaborating with others, Patrick shares his personal transformation that he underwent by mentoring and guiding other aspiring traders to realize their greatest potential.

In a refreshingly blunt conversation, Patrick shares practical, real-life trading topics and issues that traders are experiencing today, including the psychological and practical challenges of trading, and the role community and engagement plays in one's trading development. He also shares his thoughts on the sharp divide between traders risking their own capital and those cycling through prop firm evaluations, and the shortages of honest guidance for traders, and so much more.

More about Patrick Petersson:

Patrick has over 20 years of experience in the U.S. stock and futures markets. As a retired professional trader, he now guides traders of all levels and has been a driving force in trading communities such as the Chat With Traders and MenthorQ communities. Currently at MenthorQ, he developed the MenthorQ Blindspots and Trading Roadmap principles, which aim to simplify trading with the principle: Keep It Super Simple. He also hosts MenthorQ TV, where he interviews guests and shares trading strategies. Additionally, he is a father of two and resides in Dubai with his family.

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Michael Martin, raised in a hardworking blue-collar community, embraced the same ethic. An entrepreneur at heart, he hustled from cutting grass when he was 12 to working all types of jobs including golf caddying and waiting at restaurants to starting businesses. Determined to transition into the white-collar working world and being at the right place at the right time, he was exposed to the financial markets.  

He subsequently worked on Wall Street, managing commodity accounts. Despite the significant commissions, he realized that he could potentially earn more through an incentive fee. After three years at a brokerage firm, he started his own CTA.

Emphasizing the importance of risk management, discipline, and emotional intelligence, and maintaining a mental edge in trading, he discusses his early experiences with commodities, the evolution of his trading strategies, and the significance of networking and mentorship.

This episode of Chat With Traders is sponsored by Plus 500 and Trade The Pool. Click here to learn more about Plus500 and Trade The Pool. Learn more about your ad choices. Visit megaphone.fm/adchoices

Christian Mayer, with an institutional trading background, transitioned from equities to forex, focusing on fixed sized mean-reversion strategies with fundamental correlations where structural edge is statistically likely. His initial losses led him to a research and systematic-driven approach, and back testing. He trades with fixed position sizes, wide stop losses, and avoids compounding to minimize exposure to fat-tail risks and black swan events. Emotionally disciplined yet honest about the psychological strain of prolonged drawdowns, Christian blends rigorous quantitative methods with thoughtful strategy design. With a successful track record, including a second-place finish in one of the World Cup Trading Championships in the Forex category, he also created GlobalFXanalytics.com to respond to the demands of traders wanting to understand more about his forex strategy and view his strategy’s performance.

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A former engineer turned successful options trader, real estate investor and entrepreneur, Cody Yeh shares his incredible journey from the 9-to-5 grind to achieving financial freedom through smart investing and calculated risk-taking.

We unpack his options trading strategies, mindset hacks for building wealth, and how he helps others escape the rat race and take control of their financial futures. Whether you’re a trading newbie or a seasoned investor, Cody drops pure gold you won’t want to miss.

About Cody Yeh: Cody Yeh is a Canadian entrepreneur, investor, and YouTuber who left his corporate job to pursue full-time trading and coaching. Known for his transparent and no-fluff approach, Cody has helped thousands gain clarity on their financial goals and take practical steps toward financial independence. Learn more about your ad choices. Visit megaphone.fm/adchoices

Few people understand the minds of traders like Dr. Brett Steenbarger. As a psychologist who trades actively himself, he brings a rare combination of clinical expertise and practical experience to the world of financial markets. You might know him from his dynamic presentations at SMB Capital, where he breaks down the psychology of trading with remarkable clarity. His willingness to evolve his views over the years through his extensive work with professional traders and hedge fund portfolio managers, has shaped his own trading approach too.  His upcoming book, "Positive Trading Psychology," promises to share fresh perspectives drawn from these years of experience. Set for release this year, it adds to his already impressive collection of articles and books that have helped countless traders understand the psychological dimensions of market success. Learn more about your ad choices. Visit megaphone.fm/adchoices