Sean Hendelman Interview - Chat With Traders Episode 116

Meet Sean Hendelman, co-founder and CEO of T3 Companies—one of the larger proprietary trading firms in the United States. If you’re wondering, the three T’s of T3 stand for trading, training, and technology.

Sean and I get into how he got his start, losing all his capital (twice!)—and why looking back, it was a worthwhile experience, as well as a few of the great lessons he’s learned from the business of trading.

Although Sean is a CEO, he is still on the ground with T3’s automated trading. We were able to have a very enlightening conversation about their methods—some of his comments and views may actually surprise you. And hand traders, pay attention because there’s something in this for you, too!

What’s Covered in This Interview:

How Sean’s earliest experiences as an investor, using money earned from a summer job, shaped him, and what happened after he moved into active trading.
Sean’s story of how he lost all of his capital twice, why it was a worthwhile experience looking back, and the very best business lessons he’s learned along the way.
T3 Companies’ business structure; the markets they do and do not trade, the different ways traders are backed and profits are shared, and how the company makes money.
The problems that come with trading latency-sensitive strategies, the major costs of necessary infrastructure, and Sean’s insights into how the space has evolved.
The reason Sean isn’t in favor of traders developing automated strategies, and the instances when hand traders have an advantage.