Risk, Reward & Position Sizing w/Brian Lee

Brian Lee stops by the Confessions of a Market Maker podcast for the second time!

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In this episode of “Confessions of a Market Maker" we have Brian Lee, former esports professional turned short selling phenom, as our guest for the second time. We dive into his recent purchases of watches and a Tesla, as well as his experience speaking at the Traders for a Cause conference.

Brian shares that he has become addicted to watches and sees them as a reward for his progress in trading. He also mentions that he has set limits for himself and only makes responsible purchases. The symbolism behind the watches helps him ground himself and remember certain milestones in his career. The conversation then shifts to his experience speaking at the Traders for a Cause conference, where he was well-received and even received a standing ovation.

Brian emphasizes the importance of longevity in the industry and warns against the destructive nature of seeking constant dopamine hits and taking on too much risk. He shares his approach to trading and how he has become profitable despite making many mistakes.

We also discuss the differences between shorting and longing, and Brian shares his approach to finding a balance between maximizing risk and reward and win rate when creating entry and exit signals for a trading system.

Lastly, we touch on the topic of NFTs and cryptocurrency, where Brian expresses his skepticism towards the value of NFTs in the art world but expresses interest in stable coins and NFT gaming.

Overall, this episode emphasizes the importance of discipline, patience, and respect for the process in successful trading. So, if you want to learn more about Brian's journey and insights, tune in to this episode of Confessions Of A Market Maker.

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