#34 Nick Leeson - Rogue Trader: In His Own Words

25 years ago this week, Barings Bank, founded in 1763, was brought down by the calamitous and illegal trading activities of one of its futures traders, Nick Leeson. Working from their Singapore office, Lesson’s accumulated trading losses amounted to over £800 billion or close to $1.4 billion at the time. Leeson had been hiding trading losses for the previous 2 1/2 years in a false account he had created, the now infamous 88888 account. For a while these losses were of a size that was co...

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Mastering trading is not about mastering markets but mastering yourself. The AlphaMind Podcast focuses on the 'Trader Self'. We look at the person doing the trading, their interactions with the market, the impact the market has on them, and the skills, actions and activities needed to navigate their way through the complex and uncertain terrain of financial, commodity, energy and crypto markets.