OI24: Why Power Trading Is 10 Times Crazier Than Crypto ft. Cory Paddock

Moritz Seibert is joined by GBE Energy co-founder Cory Paddock for a look inside the unusual world of proprietary power trading. Cory explains how electricity markets combine weather, physics and economics, and why understanding supply and demand can create opportunities in markets where prices can change dramatically within minutes. They explore the psychology behind taking risk, why a handful of exceptional days can define an entire year, and the lessons Cory learned from his biggest wins and losses. They also discuss GBE’s approach to developing young traders and how AI is accelerating the process of turning raw talent into real trading ability.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Moritz on Twitter.Follow Cory on LinkedIn.Episode TimeStamps:00:00 - Knowing when to walk away from a losing trade01:03 - Introducing Cory Paddock and GBE Energy04:35 - How US power markets actually work08:21 - PJM and the changing US electricity mix11:07 - Why North America effectively has three separate power grids14:42 - What a power trader actually trades19:40 - Why electricity trading never really stops21:48 - Finding an edge through supply, demand and weather28:13 - Why power markets remain so attractive to traders30:37 - What “10 times crypto” volatility looks like33:50 - The four stages of becoming a power trader36:07 - Conviction, sizing and getting comfortable with being uncomfortable38:15 - The trades that helped create GBE Energy40:42 - What a painful losing trade taught Cory43:16 - Why GBE changed the way it recruits traders48:57 - What Cory looks for in aspiring traders50:50 - How quickly can someone learn to trade power?53:31 - AI, data centers and the future of electricity marketsCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

GPT-4正在为你翻译摘要中......

翻译全文