Steven Dux - Trading $27,000 to Over $50 MILLION
Words of Rizdom
Mindset and Strategies for Overcoming Trading Challenges
This chapter delves into the essential mindset for successful trading, highlighting the significance of learning from losses. It addresses common pitfalls like overtrading and shares personal strategies for overcoming these challenges and improving trading performance.
SUBSCRIBE NOW & Like this video to help us continue to bring the best verified traders in the world. turn on notifications to never miss a new video, we post new episodes EVERY Thursday 3pm GMT/ 10am EST with verified traders.
____________________________________
Join the Market Journal community for weekly direct market insights for FREE π https://www.market-journal.com
Use Code "RIZ" for 20% OFF ALL Challenges π https://link.alpha-futures.com/k9V5Az
Use the Best Trading Journal Use Code βRIZ10β for 10% Off or Code βWORβ for 20% off π https://bit.ly/TradeZellaWOR
Use Code "RIZ" for 20% OFF ALL Challenges π https://link.alphacapitalgroup.uk/eq7m8X
Free Telegram Community! ππ½ https://t.me/pocketsofrizdom
____________________________________
Connect with our guests:
https://stevendux.lpages.co
https://www.instagram.com/stevendux_1994
https://x.com/steven1_994
Verified Track Record: https://kinfo.com/portfolio/11253/performance
____________________________________
On this episode of the Words of Rizdom podcast we are joined by Steven Dux. Steven is a verified 8 figure trader and is regarded as one of the most successful retail traders in the world. He left China to seek opportunity in the US and learned to trade within just 6 months at the age of 22. His trading career started with just $27,000 and has now grown it to well over $50 Million+. Incredible is an understatement. He also holds the record for the highest P&L in a single day in 2022 at over $6 Million. Steven is a true giant in the space and every trader can take something away from this podcast. I hope you guys enjoy this episode!
____________________________________
Connect with Words of Rizdom:
https://instagram.com/wordsofrizdom
https://twitter.com/wordsof_rizdom
https://www.instagram.com/realriziqbal
___________________________________
Timestamps:
00:00:00 $27,000 to $50 Million+: The Steven Dux Success Story
00:06:28 Overcoming Emotional Challenges in Trading
00:18:40 Psychological Strategies in Trading
00:24:46 Understanding Market Caps and Stock Trends
00:30:42 Criteria for Selecting Trades
00:37:27 Improving as a Trader: Lessons Learned
00:43:50 The Importance of Sticking to Your Trading Plan
01:02:18 Maximising Retail Trading Limits
01:08:40 Key Factors in Trading Volume and Patterns
01:14:38 Trading Strategies and Market Timing
01:27:16 Understanding Year-on-Year Growth
01:34:10 Entry Criteria in Trading: Trusting Your Instincts
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.
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.
#trading #forex #forextrading #futures #swingtrading #daytrading #podcast #daytrading #proptrading #hedgefund #stockmarket #wallstreet #tradingsignals #stockmarket #btc #stevendux #stocks #propfirms #propfirmtrading
The AI-powered Podcast Player
