Business idea · Education
The Trading Floor Academy
The Trading Floor Academy is a training program designed for aspiring traders, providing practical, hands-on experience in a simulated trading floor environment to build confidence and skills. It was pitched on My First Million in the episode "How to find your arbitrage (from the guy who’s done it 3x) ft. Nick Kokonas" (aired October 26, 2026).
At a glance
| Podcast | My First Million |
|---|---|
| Hosted by | Sam Parr and Shaan Puri |
| Episode | How to find your arbitrage (from the guy who’s done it 3x) ft. Nick Kokonas |
| Aired | October 26, 2026 |
| Category | Education |
| Real companies on the episode | Talk, A Restaurant (Unnamed), Uber, Nobu, Strange House, Alinea |
The problem it solves
Many new traders struggle with performance anxiety and do not know how to effectively transition from theory to practice. This program offers a safe space to learn and make mistakes.
How it makes money
One-time purchase for a course or subscription model for ongoing training and mentorship.
Skills you need
Experience in trading, curriculum development, and teaching skills.
The market, and why this works now
TradeStation's integration with educational tools allows for real-time trading simulations in a controlled environment. The Trading Floor Academy can generate initial revenue by promoting its course on r/Daytrading, targeting users eager to refine their skills. A significant constraint in the first year will be the high customer acquisition cost, as new traders may require extensive marketing efforts to build trust and demonstrate value before committing to the program.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- Talk
Talk was a company that aimed to improve the restaurant reservation process by understanding customer preferences and offering dynamic pricing for table reservations.
- A Restaurant (Unnamed)
A high-profile restaurant started by the speaker, which gained recognition as one of the best in America.
- Uber
Uber is a ride-hailing platform that connects passengers with drivers through a mobile app, utilizing dynamic pricing models to manage supply and demand.
- Nobu
Nobu is a high-end restaurant chain known for its Japanese-Peruvian fusion cuisine.
- Strange House
A unique immersive experience that combines elements of magic and narrative arc, aiming to create human connections through awe and wonder.
- Alinea
Alinea is a fine dining restaurant in Chicago known for its innovative cuisine and unique dining experiences.
Where this idea came from
Podcast: My First Million, hosted by Sam Parr and Shaan Puri
Episode: How to find your arbitrage (from the guy who’s done it 3x) ft. Nick Kokonas
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.