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Riz Iqbal

@Wordsofrizdom94,047 subscribers

Host of The Words of Rizdom Podcast & @chartfanatics The #1 Trading Podcast In The World 👇

Shorts

The Number 1 Reason Traders Fail Full Episode With Jack Schwager Link Below 👇

The Number 1 Reason Traders Fail Full Episode With Jack Schwager Link Below 👇

20,154 просмотров

The Kings are in the house. Mega episode as soon as we hit 100,000 subscribers 👀 Swaggy C x Yarimi on the Words of Rizdom Podcast 👇

The Kings are in the house. Mega episode as soon as we hit 100,000 subscribers 👀 Swaggy C x Yarimi on the Words of Rizdom Podcast 👇

14,897 просмотров

Videos

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Trader Kane built a 7-figure futures career (and holds a record-breaking prop firm payout of $1,866,230) breaks down the trap most funded traders fall into. One of the unprofitable traders in the room passed his funded account in May, nine months into trading seriously. He blew the whole account in two days. Kane doesn't sugarcoat it: "You're basically on full tilt. You're hoping the market is just going to do what you're predicting. You probably don't have an edge." Then he gets into why that happens. "A lot of successful traders will say full time trading is actually part time trading, because a successful full time trader actually has a bit of an identity crisis from a routine perspective." "It all sounds well and good, being your own boss, going to lunch with your friends, playing golf all day, until you're not making money for two months. Your bills are racking up. You're putting money on your credit card. I've seen it all. I've lived it all." His fix isn't a new strategy. It's removing the pressure. "Having an income outside of trading allows you to stop making emotional decisions, because right now the only way you're going to make money is by making money in the market." "I imagine having some sort of steady income is going to relieve some of this stress. Because right now you're in fight or flight, no doubt." So before you quit your full time job, ask yourself this: How much of your worst trading is really about the chart, and how much is about needing the money? FULL EPISODE👇

Riz Iqbal

65,813 просмотров • 2 месяцев назад