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The Game of Trading – Michael Patak

“If you look at this from a game mentality, you can get trading down. You don’t have to be a Harvard grad or anything like that. You can be a country boy from Nebraska.”

In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Michael Patak, founder of TopstepTrader, analyzes the game of trading and how to find success. After suffering three $30,000 losses while trading during college, Patak retooled his approach and subsequently started TopstepTrader. The simulation platform at TopstepTrader helps new traders learn how to manage risk and maintain discipline. If they can prove they are profitable, TopstepTrader will fund their account. Patak doesn’t want new traders to make the same mistakes he did and sees this as a way to enable talent in markets regardless of background.

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Forrester is a video editor with John Lothian News.