Derrick Oldensmith is a Senior Trader and Managing Supervisor for T3 Trading Group, LLC and VP of Trading and Education for T3 Live, LLC. Derrick first joined T3 Trading Group as an equity trader in 2010 and has been running a trading desk for the company since 2013.
For his personal trading, Derrick combines day trading, swing trading and portfolio management into his own, unique, top-down approach to the markets. He describes his trading style as a combination of technical analysis on multiple time frames and tape reading with a background of qualitative fundamentals.
Derrick has developed and mentored over 100 of T3’s entry level traders and currently manages a group of more than 25. A highly competitive person, in his spare time, Derrick is a two-time world champion kickboxer and T3 is a regular sponsor of his events.
Derrick uses the Virtual Trading Floor as a means to bring his trading desk to those who may not be able to physically join him in New York. Each day, Derrick runs a morning meeting at 9am and an afternoon wrap-up meeting at 4:15pm. Throughout the trading session, he is constantly communicating about his positions with the members on the Floor.