Keep the Numbers on Your Side

<p>Today’s Limit Up! is all about risk and reward. How do you maintain long-term profitability in a risky business? Jack and Dan dive into the importance of looking at your trades in the bigger picture, scaling up your trading strategy, and the two factors to look at when assessing your trading plan. They also take a moment to talk about rising commodity prices, the Colonial Pipeline cyberattack, and Elon Musk’s SNL appearance.</p><p>Limit Up! is a podcast brought to you by <a href="https://www.topstep.com/?utm_source=limitup_podcast&amp;utm_medium=cta&amp;utm_campaign=ongoing_limitup_to_tst&amp;utm_content=limitup_podcast" rel="noopener noreferrer" target="_blank">Topstep</a> about trading, trading psychology, trading life, and pretty much whatever else the wonderful world of markets has to offer. It’s hosted by two former professional traders, Jack and Dan, who still dabble in futures, forex, options, political betting—they basically love to follow the action. They’ll teach you how to trade, but more importantly, how to develop the habits that make traders good. Risk Disclosure: <a href="https://www.topstep.com/risk-disclosure/" rel="noopener noreferrer" target="_blank">https://www.topstep.com/risk-disclosure/</a></p><p><a href="https://www.topstep.com/" rel="noopener noreferrer" target="_blank">Topstep</a> is the premiere funding opportunity for traders looking to make the most of market opportunities without risking their own capital. When traders pass the completely-objective Trading Combine®, Topstep funds them with proprietary money. Guaranteed. Beyond funding, we seek to instill better habits in our traders (hence the Limit Up! Podcast and other educational resources). Topstep has been based in Chicago since 2012.</p><p>Jack Pelzer is a co-host of Limit Up! He traded as part of a U.S. Treasury group for 7 years at Chopper Trading and DRW. After leaving the industry, he became a Writing Fellow and Senior Contributing Writer for The Onion. He is now the Head of Content at Topstep.</p><p>Dan Hodgman is a co-