
Rogue Trader Podcast - E020 - Trading Pits, Market Crashes & Voodoo Lines | Tony Laporta
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About this listen
📌 Follow Nick’s trades live in his FREE Telegram channel:👉 https://t.me/Nick_Leeson_Trading_Channel_FREE
Welcome back to the Rogue Trader Podcast with Nick Leeson!
This week, Nick is joined by legendary futures trader Tony Laporta — a market veteran with over 40 years of experience on the floors of Chicago, London, and beyond.
📊 Check out Tony Laporta's website:www.tonylaporta.com
🎙️ Subscribe for weekly episodes with market insights, trading stories, and expert guests.
⏱️ Timestamps
00:00 – Introduction with Nick Leeson & Tony Laporta
00:46 – Starting out in the gold pit in 1979
03:10 – Building $25 into $100,000… and losing it all
04:00 – Moving to London & early days at LIFFE
05:20 – Memories of the 1987 Crash
09:40 – Big wins, big losses, and lessons learned
12:00 – Transitioning back to US markets in the 1990s
13:30 – The power of Tony’s “Voodoo Lines” strategy
16:10 – Trading psychology and why the biggest challenge is mental
19:30 – Trump, tariffs, and unpredictable markets
21:30 – The shift from pit trading to screens
23:00 – Creating a Virtual Trading Room for camaraderie & shared insights
25:30 – Addiction, sobriety, and two trading careers
27:10 – Passing on lessons to the next generation of traders
29:00 – Why gut instinct remains a trader’s greatest tool
31:00 – Closing thoughts & future conversations
📌 Follow Nick’s trades live in his FREE Telegram channel:👉 https://t.me/Nick_Leeson_Trading_Channel_FREE