5min chapter

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) cover image

223: How a Poor “Single Mom” Upbringing Helped Him Grow His Trading Account from $3k to Over $1M w/ Erik Smolinski

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

CHAPTER

How to Be a Successful Retail Trader

I think the, I think the first thing is to commit to whatever it is that you're attempting to do. And then trade log everything you're doing from your paper trading plan and your paper trading itself. Once you start to establish actual observable quantifiable profitability, sure, start going live with a small test amount of your money. Then slowly scale from there. The last analogy that I'll use here is if somebody wanted to climb Mount Everest they need to understand how kind of food does he sleep? What kind of hydration are we talking about in this case? It's very difficult to solve all of these problems at once but possible.

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