Podcasts - Anand Sanghvi and Peter Zhang - sanglucci.com

S

Saltynuts

I've been listening to a TON of podcasts lately, thanks for all the tips in my trading podcast request thread! I'm going to start posting about the traders who I listen to in order to see if there are any opinions of them. I'm mostly listening to Chat With Traders Podcast.

Episode 8 and 9 feature Anand Sanghvi and Peter Zhang - sanglucci.com. Seemed like the typical guys claiming to be traders and teaching others to do same. I got a bit of a sleezy vibe from them as Anand started talking about how they don't just teach trading they teach a whole "lifestyle". Always a huge warning sign.

If anyone has any thoughts on these guys I'd love to hear it - if not then please ignore! Note, I'm not going to buy any of these guy's products, just trying to see the guys who I might read up/listen up on more. Thanks!
 
Haha no doubt QuasWexExort. I had just a little bit of the Peter Zhang podcast left - just got done listening to it - it goes even more snake oily at the end - talking about how you really have to find a good mentor, they are there to help, etc. I would say the only interesting things I gleamed from both podcasts:

1. Peter Zhang made a comment that, if I understood him correctly, was that if you were to go and aggregate all the trading data on all the traders (and maybe there was some study of this, not sure), traders on average would lose an amount on each trade equal to the bid-ask spread (plus presumably commissions). This is interesting to me - if you assume trading is a zero sum game (which it may or may not be), then the "slippage" that is going on is when someone crosses the market to buy at the ask or sell at the bid. Seems that the "market maker" types would be the profitable ones on average overall.

2. Not so much a comment from the podcast, but apparently they had their "system" and what not available for free for awhile - wonder if anyone here took advantage of it.

Thanks!
 
So, I just listened to a 2 hour podcast on Chat With Traders with Zack Hurwitz. With this same group (or at least he was at the time of the podcast). What a complete, utter slimeball. It was literally 2 hours, and the host billed it 2 hours all about the VWAP. Literally he talked like 35 seconds on the VWAP. Literally. The host kept trying to ask him specific questions on it, and he kept deflecting, saying that he would offer anyone 30 minutes free training to talk about it. Every thing else was cheesy analogies, motivational crap, and just other general BS. I was 2 hours of my life back.

Anyways, horrible, horrible group. I listened to some of the later episodes of Chat With Traders before just deciding to start at the beginning, and the later ones seemed to have more quality guys. Seems the host was maybe initially a bit naive.

Anyways I wouldn't waste my time on any of these particular episodes mentioned in this thread. Horrible.
 
I started listening to some Chat with Traders podcasts recently as it seems the quality control has improved. It used to be a real mixed bag where it seemed he was so desperate to get the project off the ground that he'd take anyone from ET in for an interview. Just imagining him and his Aussie accent... "well guys, today my guest is Salty Nuts Trader...." LOL

I remember listening to about 5 minutes of the VWAP guy before stopping it. Then there was one with some chick who had a backstory of being an airline ticket rep who learned forex in her spare time and now trades for a living using Fibonacci. I think another was a guy who was working as a restaurant server and trading in his spare time and then quit to trade for a living and never looked back. Total garbage.
 
Haha copyplus, that is awesome, going to listen to all of them regardless, just so I can hear this hilarious stuff. But I sure wish I had had the smarts to turn off this Zack guy after 5 minutes like you did. That might have been the worst podcast I have ever listened to, on any subect, trading or otherwise lol.

Its hilarious because right after this podcast I listened to someone else. Started normal, thought maybe he was just some guy who started off doing something in life and became a successful trader and was living the dream. But about midway through he started talking how it was very helpful to have a mentor. Then, suprise suprise, later on he mentions he has a mentor business. So funny all the guys with a mentor business recommend getting a mentor!
 
copyplus, I just listened to the guy that stopped working as a restaurant server and went into trading. #17. Jason Leavitt. LOL. He didn't really say much interesting. Still not anywhere near as slimy as the guys I was talking about above. Can't wait to get to ex-airline rep!
 
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