Darren Reed Interview - Chat With Traders Episode 123

With an impressive background as stockbroker, head trader of a $300M hedge fund, and active prop trader at several Australian firms, such as Propex, Aliom, and Genesis, Darren Reed (@LiftTheOffer) is quite the resource for trading knowledge. He also mentored traders during his time at Aliom and Genesis.

This year, Darren has established a new proprietary trading firm in Perth, on the west coast of Australia, along with a few partners, called Cygnet Trading.

Grit, hustle and intent are the big focuses of this week’s interview. Darren expands on these three themes as well as why environment is everything, paying your dues, and a look at the life of a discretionary prop trader.

Covered in This Interview:

Darren takes a trip down memory lane, explaining that true grit was a trait indoctrinated into his high school football team, a trait that has stayed with him ever since.
The wisdom he gained from Ol’ Daryl, a wealthy Australian brokerage owner, what it means to pay your dues, and why it’s valuable to develop a sense of self-awareness.
The great responsibility that comes with a trader development role, what makes a good trainer, and the aspects of a good trainee.
Your success as a trader is affected by your environment, the steps to joining a prop firm, and the not so great parts of trading…