Day Trading Expert Rolf Haag Shares His Strategies for Success
Show Notes
About the Guest(s):
Dr. Rolfe Haag is the founder, owner, and CEO of SPX Godfather LLC. He has an extensive background in the automotive supplier industry, with over 30 years of experience as a successful executive. Dr. Haag holds a Bachelor’s, Master’s, and PhD from Frankfurt, Germany. In 1997, he moved to the USA and became a US citizen in 2008. After battling cancer in 2018, Dr. Haag decided to pursue his passion for trading and founded SPX Godfather LLC. He is dedicated to educating and mentoring traders to become successful by providing them with a process and strategy to follow.
Episode Summary:
In this episode of The Chris Voss Show, host Chris Voss interviews Dr. Rolfe Haag, the founder and CEO of SPX Godfather LLC. Dr. Haag shares his journey from being a successful executive in the automotive industry to becoming a full-time day trader. He explains his passion for trading and how he uses his expertise to educate and mentor traders. Dr. Haag emphasizes the importance of having a professional sports athlete mentality in trading and shares his unique approach to trading the S&P 500. He also discusses the current state of the stock market and provides insights into the Chinese stock market. Listeners will gain valuable knowledge about day trading and the strategies used by successful traders.
Key Takeaways:
Dr. Haag’s SPX Godfather LLC offers a specialized day trading service focused on the S&P 500.
He emphasizes the importance of having a professional sports athlete mentality in trading and not letting emotions overwhelm decision-making.
Dr. Haag uses three leading indicators, including futures, the US dollar, and premiums, to determine trading setups in the S&P 500.
The stock market is currently performing well, with the S&P 500 reaching record highs.
The Chinese stock market’s recent struggles may lead to international investors seeking the US stock market as a safe haven.
Notable Quotes:
“When Michael Jordan is missing the first 10 shots, do you think he sits down with his coach and he’s whining and dining? No. He gets up and he still makes 30 points.” – Dr. Rolfe Haag
“The stock market depends on the decisions of the Federal Reserve. What’s bad for the economy is actually good for the stock market.” – Dr. Rolfe Haag
Podcast: Play in new window | Download (Duration: 30:41 — 21.1MB) | Embed
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