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We’re joined by Jamaal Ghauri, a trader and fund manager who began his journey unusually early — first exposed to crypto markets as a teenager during Bitcoin’s early adoption phase, before moving into stocks and eventually options.
Jamal walks through the full arc of his development as a trader: early overconfidence, aggressive options bets, a rapid run-up followed by a major drawdown, and the hard lessons that ultimately forced him to rethink risk, position sizing, and process. From there, he explains how he rebuilt by focusing on more structured setups, volatility awareness, and consistency over time.
We discuss the evolution of his core strategies — including swing trades, breakout-style setups, and short-term options structures — and how those approaches are now applied within a multi-strategy fund he launched in 2025. Jamal also shares how he thinks about trade distribution, win rates versus loss severity, and why discipline and risk management ultimately mattered more than finding the “perfect” setup.
As always, this conversation is about understanding how a trader thinks, how strategies evolve over time, and how real-world risk shows up differently than it does on paper.
Links + Resources:
Time Stamps:
Please note: Exact times will vary depending on current ads.
00:00 – Intro and Background
02:37 – Early Interest in Financial Markets
07:08 – Transition to Stock Trading
08:46 – Early Stock Trading Experiences
09:37 – Shift to Options Trading
10:32 – Learning Options Trading
11:22 – Developing a Trading Strategy
14:51 – First Successful Trades
19:04 – Account Growth and Setbacks
21:00 – Impact of the COVID Crash
32:06 – New Trading Strategies Post-Crash
37:24 – Becoming Profitable
38:22 – Performance in 2022 and 2023
41:07 – Establishing a Hedge Fund
44:40 – Hedge Fund Strategies
50:34 – Current Challenges and Advice
Sponsor of Chat With Traders Podcast:
Trade The Pool: http://www.tradethepool.com
Trading Disclaimer:
Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice. Learn more about your ad choices. Visit megaphone.fm/adchoices |