The Day Trading Show

Austin Silver

Welcome to The Day Trading Show, hosted by entrepreneur, and co-owner of ASFX, Austin Silver. In this podcast you'll find trading content specifically designed to help you make better trading decisions going forward. Most of these episodes have videos that go with them - linked in the individual show notes. Please subscribe and leave a review. Your feedback is greatly appreciated.

  1. 2h ago

    CEO of Take Profit Trader Exposes Simulation Exploitation (And How He Stops It)

    James Sixsmith, CEO of Take Profit Trader, returns to The Day Trading Show for a deep-dive on prop firm infrastructure, risk management, and what actually predicts a trader's success. He explains the difference between front-end platforms (NinjaTrader, Tradovate, Wealth Charts) and back-end order/risk management systems (CQG, Rithmic, Teton, CTS), and why building a fully in-house risk system has taken TPT two years and counting. Sponsor: Prop Firm Match  Compare over 40 prop firms — rules, drawdowns, payouts, scalability. Code MATCH to save on any firm! Click here — ⁠https://www.propfirmmatch.com/?a_aid=asfx He goes deep on CME Rule 575 (disruptive/spoofing practices) and why TPT enforces live-market rules in simulation too — because strategies that work in sim get carried into live, and TPT is on the hook with the CME regardless of account size. He teases the upcoming TPT Score (a multi-factor, AI-driven scorecard using 120+ data vectors from 6.6 billion filled sides) and confirms it's being held back until edge cases are reliable enough to avoid ranking mismatches. The conversation closes with his read on what separates winning traders — smaller size, longer hold times, fewer trades — and how prop trading fits into the broader boom in prediction markets, AI-assisted trading, and retail speculation. 🔄 Sponsor: TradeSyncer — 30% off w/ code ASFX 🔗 https://www.asfx.biz/ts  🎥 Trade Live With Me — Free 30-day trial 🔗 https://www.asfx.biz/first  🧠 Sponsor: TradeZella — 20% off w/ code ASFX 🔗 https://www.asfx.biz/tz  00:01:23 – Stanley Cup talk (Caps, Canes, Panthers, Rod Brind'Amour) 00:10:10 – Pro+ program updates and platform landscape (Wealth Charts, Apex) 00:13:00 – Front-end vs. back-end: CQG, Rithmic, Teton, CTS explained 00:16:40 – Why building an in-house risk/platform system takes years 00:23:20 – Strategies TPT won't fund; simulation exploitation 00:24:40 – CME Rule 575, spoofing, and Aventus surveillance system 00:33:00 – How TPT protects downside on live accounts using trade data 00:38:05 – TPT Score explained: 120+ AI vectors, why it's not live yet 00:52:00 – What makes an ideal trader: trade smaller and less often 00:56:00 – Copy trading, leverage, and why "9010 rule" traders complain

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About

Welcome to The Day Trading Show, hosted by entrepreneur, and co-owner of ASFX, Austin Silver. In this podcast you'll find trading content specifically designed to help you make better trading decisions going forward. Most of these episodes have videos that go with them - linked in the individual show notes. Please subscribe and leave a review. Your feedback is greatly appreciated.

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