Taking 100βs of Trades a DAY Is EASY - 40 Year Trading Veteran
Words of Rizdom - Trading Podcast
Should Young People Trade Early?
Tom argues young people should trade small amounts to learn, rather than being told to be passive investors only.
Join The Chart Fanatics FREE Discord Community for Exclusive Discounts, Giveaways, Live Events & More π https://discord.gg/chartfanatics
____________________________________
SUBSCRIBE to Chart Fanatics Live NOW π https://www.youtube.com/@chartfanaticslive?sub_confirmation=1
____________________________________
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.
____________________________________
Use Code "PFT" for the BEST Discounts on ALL Prop Firms Listed π https://propfirmtrader.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
Join the Market Journal community for weekly direct market insights for FREE π https://www.market-journal.com
Free Telegram Community! ππ½ https://t.me/pocketsofrizdom
____________________________________
Connect with our guests:
https://www.linkedin.com/in/tom-sosnoff-047627293
https://youtube.com/@tastyliveshow
____________________________________
On this episode of the Words of Rizdom podcast we are joined by Tom Sosnoff. Tom is an entrepreneur, options trader, co-founder of Thinkorswim and Tastytrade and exited both for over a $1 billion. In this podcast we discuss the major pitfalls of retail traders, the advancement of trading technology and how "easy" it is for traders these days to become profitable and what is takes to built a billion dollar company. I hope you guys enjoy this incredible episode!
____________________________________
Connect with Words of Rizdom:
https://instagram.com/wordsofrizdom
https://twitter.com/wordsof_rizdom
https://www.instagram.com/realriziqbal
___________________________________
00:00 Introduction to Tom Sosnoff
08:40 Innovating for Retail Traders
13:00 From Trading Floor to Fintech Tools
17:40 Building Tastytrade: Financial Media Revolution
22:10 Passion, Challenges, and Trading Performance
27:10 Changing Barriers, Learning, and Taking Risks
33:00 Active Trading vs Passive
38:30 Risk, Mechanical Edge, and Law of Large Numbers
44:00 Size, Risk, and Portfolio Management
50:00 The Truth About Edge in the Markets
55:10 Setting Realistic Goals in Trading
01:01:30 Consistency, Compounding, and Longevity
01:13:00 Work Ethic, Life Lessons, and Final Advice
___________________________________
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 #scarface #stocks #propfirms #propfirmtrading #tradingmindset #tradingpsychology #marketwizards
The AI-powered Podcast Player
