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.