Episode 70 | Saul Lokier - Prop trader

A TRADER'S LIFE

If you’ve looked into prop trading, you may well have heard of The5ers. My next guest, Saul Lokier, is part of the firm, which has its HQ in Tel Aviv.
Besides his own personal accounts, he also manages funds for International Proprietary Forex Funds.
Among other things, we talk about how he got started and how fatherhood contributed to a change in the way he trades and where he ended up working.
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I don't know why it took me so long - confidence, perhaps, i.e., lack thereof - to realize I would be so much better off trading someone else's money, not my own. Mid February 2023 I started the 'audition' at Surge Trader on a virtual account of 100K. If I pass - that means hitting a profit of 10K - I get to trade 100K, again, not my money.

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