Market Misfits

Are We Headed for a 35% Crash? (EP. 8)

Joe returns from vacation to find the market went full chaos and Smiddy was in the middle of it. They break down a brutal $4M drawdown and the comeback to breakeven.
Plus: Cem Karsan says the market could drop 35% to 45%—slowly and painfully. Joe and Smiddy break down what that means, why this isn’t your old bull market anymore, and how they’re navigating the chaos using gamma and dealer positioning.
 
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.

Wall St. Jesus Flow Show: 04/17/25

Join Wall St. Jesus and the rest of our community each Thursday after the close for the best, FREE analysis of market activity you can find.
Wall St. Jesus takes you through the most important options flow, vital changes in sentiment, and so much more. For equities, futures, and options traders of all time-frames, there's no easier way to understand how smart money is positioning itself and what you can do to take advantage of it.
 
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.

Wall St. Jesus Flow Show: 04/03/25

Join Wall St. Jesus and the rest of our community each Thursday after the close for the best, FREE analysis of market activity you can find.
Wall St. Jesus takes you through the most important options flow, vital changes in sentiment, and so much more. For equities, futures, and options traders of all time-frames, there's no easier way to understand how smart money is positioning itself and what you can do to take advantage of it.
 
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.

Market Bottoms: FOMO vs. PATIENCE w/ Ron Friedman (EP. 7)

Is the market bottom in, or is this just another head fake? In this episode of Market Misfits, Joe, Smiddy, and special guest Ronch break down the latest market moves, how they’re trading through the uncertainty, and why FOMO can be a trader’s worst enemy. They debate the fate of Boeing, the rise of quantum stocks, and whether it’s time to fade the recent rally. Plus, the return of Trade or Fade—will the crew get it right this time? Tune in for unfiltered trading insights, market banter, and plenty of laughs.
 
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.

Wall St. Jesus Flow Show: 03/20/25

Join Wall St. Jesus and the rest of our community each Thursday after the close for the best, FREE analysis of market activity you can find.
Wall St. Jesus takes you through the most important options flow, vital changes in sentiment, and so much more. For equities, futures, and options traders of all time-frames, there's no easier way to understand how smart money is positioning itself and what you can do to take advantage of it.
 
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.

Wall St. Jesus Flow Show: 03/13/25

Join Wall St. Jesus and the rest of our community each Thursday after the close for the best, FREE analysis of market activity you can find.
Wall St. Jesus takes you through the most important options flow, vital changes in sentiment, and so much more. For equities, futures, and options traders of all time-frames, there's no easier way to understand how smart money is positioning itself and what you can do to take advantage of it.
 
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.

Market Chaos: Trading the Sell-Off (EP. 6)

The markets are selling, and the Market Misfits are here to break it all down. In this episode, Joe and Smiddy dive into the recent sell-off, why even seasoned traders are struggling, and how to navigate the chaos. They discuss volatility, the impact of major macro events, and whether this pullback presents a buying opportunity—or just the beginning of something bigger. Plus, the guys debate market sentiment, dissect options flow, and introduce a brand-new segment, Trade or Fade. Tune in for unfiltered trading talk, insights from top traders, and a few well-earned rants along the way.
 
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.

Wall St. Jesus Flow Show: 03/06/25

Join Wall St. Jesus and the rest of our community each Thursday after the close for the best, FREE analysis of market activity you can find.
Wall St. Jesus takes you through the most important options flow, vital changes in sentiment, and so much more. For equities, futures, and options traders of all time-frames, there's no easier way to understand how smart money is positioning itself and what you can do to take advantage of it.
 
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.

Losing 30 Bitcoin to Managing Millions: Smiddy’s Trading Evolution (EP. 5)

In this episode of Market Misfits, host Joe Pokrzywa sits down with Alec “Smiddy” Smidt to dive into his incredible trading journey. From early struggles in Forex and crypto, losing 30 Bitcoin in a brutal liquidation, to now managing a $25M+ trading book, Smiddy shares the highs, lows, and hard-earned lessons from the markets. They discuss key trades, risk management, navigating volatile markets, and the mindset shifts that took him from financial devastation to trading success. Plus, an inside look at how he works with a high net worth client, managing risk, and making strategic plays in equities, futures, and gold.
 
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.

Wall St. Jesus Flow Show: 02/20/25

Join Wall St. Jesus and the rest of our community each Thursday after the close for the best, FREE analysis of market activity you can find.
Wall St. Jesus takes you through the most important options flow, vital changes in sentiment, and so much more. For equities, futures, and options traders of all time-frames, there's no easier way to understand how smart money is positioning itself and what you can do to take advantage of it.
 
DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.