Michael Patak: WHY Trading Discipline is Foundational to Success, Ep #29

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The failure rate of people who dive right into the market is fairly high. Why? Because new traders don’t have the discipline necessary to succeed. New traders need a safe place to hone their skills and craft their strategies. Michael Patak’s mission is to provide a safe experience so traders can professionalize their passion. In this episode of How To Trade It, we talk about Michael’s journey and what he believed solidified his career in trading. We also talk about his firm—TopstepTrader—and how they’re helping new traders develop trading discipline. 

You’ll want to hear this episode if you are interested in...

[2:34] What is Michael Patak’s “Why”?[3:31] Where Michael’s passion for trading began[6:00] How Michael turned things around[11:33] Michael’s next steps in his trading journey[14:33] Why Michael decided to teach + trade[16:18] The details on TopstepTrader[20:45] Learn more about TopstepTrader

Resources & People Mentioned

Trading Psychology CourseBook: Vivid VisionsMovie: Trading Places

Connect with Michael Patak

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