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Ryan Pierpont is a growth stock swing trader and was a top performer in the US Investing Championships of 2020 & 2021 with an astonishing combined return of 1,551%. But he didn't start off as a knowledgable trader able to put up huge returns. He had to go though his own evolution as a trader, one that he shares during today's video. Ryan lays out the 10 phases he went through and how to speed up your learning curve to become a profitable trader in 2024.
Phase 1: Curiosity
Phase 2: Experimenting
Phase 3: Blind Follower
Phase 4: Learning Your Edge (Technicals)
Phase 5: Fundamentals
Phase 6: Account Churn
Phase 7: Market Awareness
Phase 8: Risk Management
Phase 9: Plan & Patience
Phase 10: Constant Evolution
Follow Ryan Pierpont on Twitter/X: https://twitter.com/RyanPierpont
This presentation was filmed on June 3rd of 2023 during the TraderLion Conference.
Watch on Youtube: https://youtu.be/KQRuUWSZvLE
Enjoy!
- The TraderLion Team
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Timestamps:
00:00 - In this Episode...
00:42 - Evolution of a Trader
03:53 - Phase 1: Curiosity
06:24 - Phase 2: Experimenting
08:38 - Phase 3: Blind Follower
12:08 - Phase 4: Learning Your Edge (Technicals)
14:57 - Phase 5: Fundamentals
19:15 - Phase 6: Account Churn
33:27 - Early Struggle Examples
40:27 - Phase 7: Market Awareness
43:08 - Phase 8: Risk Management
46:44 - Phase 9: Plan & Patience
51:08 - Phase 10: Constant Evolution
57:20 - Putting It All Together
1:04:27 - Key Takeaways
1:14:02 - Finding High Potential Stocks
1:20:06 - False Breakout Setups
1:22:24 - Simplifying Your System
1:29:18 - Position Sizing to Maximize Returns
1:40:38 - Learn More From Ryan Pierpont
