
This is episode four of the Voice of Trading podcast, I'm speaking with Michael Milani who has been in the trading industry for around 25 years and is the CEO of Mondeum Captial. We talk about his background in trading with prop firms, learning from successful traders, the pros and cons of zero-commission brokers, why he started his company, and how it can benefit you. If you got even a single piece of value from this episode, please like and follow to support my podcast and see my future episodes easier! If you wanna follow me: https://linktr.ee/erickjablonski If you wanna follow Michael Twitter: https://twitter.com/michaeljmilani?s=20 LinkedIn: https://www.linkedin.com/in/michael-j-milani-1a907259/ Mondeum Capital: https://www.mondeumcapital.com/ Listen to Voice of Trading: Apple Podcasts: https://podcasts.apple.com/us/podcast/voice-of-trading/id1697786050 Timestamps: 0:00 intro 3:58 floor trading 4:56 how different was day trading 20 years ago? 7:11 what's the craziest thing you've seen in the markets? 10:44 trading in prop firms 15:36 the main differences between great vs bad traders 18:45 thoughts on 20 year old and younger traders 21:09 zero commissions brokers sell your data 31:28 biggest lessons after watching hundreds of traders 36:47 can anyone be a good trader? 42:19 how long does it take to become a profitable trader? 44:57 disconnect between traders' expectations vs reality 47:56 does what you do outside of trading affect how well you trade? 53:50 the most common trading mistake 55:27 how to improve emotional intelligence for trading 58:09 controversial trading beliefs 1:00:08 Mondeum Capital 1:03:10 Will AI change trading? 1:06:04 outro DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only #tradingeducation #tradingpodcast #tradingincome #marketmakers