“One of the best things that Trade The Pool can give you is just the ability to work on your craft as a trader.”
Welcome to another Trade The Pool funded interview! Today, we’re joined by Money Mitch, a 20K funded trader and co-host of TTP’s live trading room.
Mitch began trading in 2017 with options but soon realized that the required capital and competition with market makers weren’t worth his time.
He then shifted to stocks, believing that no retail trader should ever be held at a disadvantage—and we couldn’t agree more.
Could you be Trade The Pool’s next funded trader?
Watch Mitch’s Interview
Mitch’s 20K Evaluation: What Moved $EVAX
Evaxion Biotech ($EVAX) surged 30% after Merck acquired an 11.4% stake, and the company executed a 1-for-10 reverse stock split.
Investors responded positively to the news, driving a sharp increase in trading volume.
Mitch’s Trading Style
Mitch scans pre-market for volume spikes and psychological washouts in small caps and penny stocks, using Benzinga Pro to spot fading momentum.
He starts with small positions and scales up during regular trading hours, targeting risk-reward ratios of 3:1 to 4:1.
More About Mitch
After earning a Finance degree from UCF, he pursued options trading. However, with its high learning curve and capital demands, he decided to switch to equities.
His commitment to make in the markets was so deep that he sold his car to fund his trading journey.
Mitch’s Tips
- Probabilities and Planning: “The number one thing with those traders in that losing stage is that they’re not focusing on probabilities. This is where I think I adjusted. Start looking into your plan and the results. This is what every trader needs to look at to see if they’re doing things the right way or the wrong way because you can have the right plan and not execute the right trades.”
- Pre-market Movers: “The important part is taking smaller trades in pre-market. A lot of traders want to take a bigger swing because of the bigger moves in pre-market. But I’m trying to use that bigger move to give myself risk to return. That for that 4 to 1 outlook. The smaller size, that’s what’s going to help me.”
Funded Trader, Closing Thoughts
From options trading to hosting Trade The Pool’s live trading room and becoming a $20,000 funded trader, Mitch demonstrates one’s true commitment to his craft.
You can watch him live every Monday to Thursday, 8:30–11:00 AM ET.