Trading Competitions: Mindset and Risks

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https://www.youtube.com/@TradingChampion

https://twitter.com/KMcCormick2016

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On this episode of the Words of Rizdom podcast we are joined by Kevin McCormick. Kevin topped the World Trading Championships in 2021. Studying under Larry Williams who holds the record for 11,000% return in a single year in the same championships. Today Larry goes through the exact steps that made him profitable and the advantages traders just like you have over Wall Street and Large Institutions. I hope you guys enjoy this incredible episode!

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00:00 Introduction to Kevin McCormick

07:00 Retail Traders vs Wall Street – Where the Real Edge Comes From

13:00 Spotting Market Trends & The Power of Narrative Trading

19:00 How Media Manipulates Markets & Shapes Trader Psychology

25:00 Building Long-Term Wealth

31:00 15 Years of Trading Lessons & Hard-Earned Experience

38:00 Emotional Battles, Losing Streaks & How Top Traders Recover

44:00 Market Cycles, Pattern Recognition & Spotting Emerging Trends

51:00 Inside the Robbins Cup – Competing Against the World’s Best

57:00 Risk Management, Correlation & Kevin’s Final Trading Blueprint

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Disclaimer:

The content on Words of Rizdom is for informational and educational purposes only and should not be considered financial, investment or trading advice. I am not a licensed financial advisor, and the strategies, opinions, and commentary shared are based on personal experience of the respective guests. We are not personally affiliated with any of the guests featured in our episodes. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom.

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Trading and Investing involves risk, and you should always do your own research or consult with a qualified financial professional before making any investment decisions. You are solely responsible for your financial decisions. This channel and its creator are not liable for any loss or damage arising from the use of information presented in videos.

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