Exchange Traded Funds, or ETFs, sound intimidating, but are just another tool to add to your trading portfolio. These funds trade pretty much the same as a stock but are comprised of many different companies as opposed to just one. William Rhind is the man who pioneered this form of trade and is hitting great success with his company GraniteShares.
William talked to Jack and Dan about the basics of this form of trading. He discussed how much capital is needed, how the funds work, and even shared a bit about the mysterious vault at the GLD. Listen to learn this new trading avenue.
William Rhind is the founder of GraniteShares, an independent exchange-traded fund built for investors seeking simple, cost-effective access to differentiated investments. GraniteShares is backed by leading fintech VCs such as Bain Capital Ventures and Clocktower Technologies. Rhind has built and managed businesses in the ETF market for nearly his entire career, and previously was CEO of World Gold Trust Services which is the largest commodity fund in the world.
Limit Up! is a podcast for traders of all levels brought to you by TopstepTrader. Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory.
Jack Pelzer is a co-host of Limit Up! He traded as part of a U.S. Treasury group for 7 years at Chopper Trading and DRW. After leaving the industry, he became a Writing Fellow and Senior Contributing Writer for The Onion. He is now the Head of Content at Topstep.
Dan Hodgman is a co-host of Limit Up! Prior to coming to Topstep Dan traded 30 Yr Treasury Options and Yield Spreads. Before that, he served in the United States Marine Corps where he simultaneously managed his own Futures Account applying the skills he grew up learning from clerking on the trading floor. Now Dan works with the Traders here at Topstep as a Performance Coach as well as being a regular on the Daily Market Recap.
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