Painting the Tape – Episode 5: (Special Guest Series) Elias

Hosts: Leo, AJ, Stowe, Elias

[00:00] Introduction & Banter
Meet the hosts and introduce special guest Elias. The group catches up on recent trading days, life updates, and some lighthearted banter about trading attire and routines.

[02:05] Guest Introduction
Leo introduces Elias, sharing background on their working relationship and Elias’s growth as a trader.

[03:20] Trading Week Reflections
The hosts and Elias discuss their recent trading performances, including wins, losses, and lessons learned from trend days.

[08:30] Early Trading Journeys
Elias shares his entry into trading, initial experiences with options and futures, and the ups and downs of learning the markets.

[13:00] Finding Structure & Community
Discussion about discovering Sierra Chart, order flow, and the importance of community and mentorship in trading development.

[21:00] Chart Simplification & Process
Elias and the hosts talk about the evolution from cluttered charts to a more focused, simplified approach, and the impact on trading performance.

[27:00] Continuous Improvement & Trading Psychology
The group explores the ongoing process of refining strategies, managing trading psychology, and dealing with the “inner degenerate” that affects risk-taking.

[32:00] Trade Sizing & Execution
Elias explains his approach to trade sizing, scaling in and out, and adapting position size based on conviction and market conditions.

[37:00] Data, Stats, and Edge
A deep dive into how Elias uses data analysis, statistics, and personal trade reviews to inform his trading decisions and manage risk.

[46:00] Prop Firms & Account Management
Elias shares his experience with prop firms, the pros and cons of funded accounts, and strategies for risk diversification and longevity in trading.

[54:00] Advice for Traders & Closing Thoughts
Final thoughts from Elias and the hosts on building capital, managing risk, and the importance of community. The episode wraps up with gratitude and a call to connect on social media.