Navigating the Path to Trading Success

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Connect with our guests:

https://youtube.com/@ScarfaceTrades

https://www.instagram.com/scarfacetrades_

https://x.com/scarfacetrades_

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On this episode of the Words of Rizdom podcast we are joined by Scarface Trades. Scarface is a 23 year old Canadian day trader that has become a phenomenon in the retail trading space. He went from broke and growing up in government housing to becoming an incredibly successful trader. His strategy involves scalping but he quite often enters on the 1 minute timeframe which some traders claim to be almost impossible, Scarface has done it. I hope you guys enjoy this incredible episode!

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Connect with Words of Rizdom:

https://instagram.com/wordsofrizdom

https://twitter.com/wordsof_rizdom

https://www.instagram.com/realriziqbal

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Timestamps:

00:00:00 Introduction To Scarface Trades: Profitable Trading Scalping on Lower Timeframes

00:08:14 Early Trading Success and Downfall

00:12:18 Balancing Career, Education, and Trading

00:16:33 The Importance of a Trading Roadmap

00:24:56 Managing Greed and Fear in Trading

00:32:30 Optimal Trading Times for Maximum Volume

00:36:33 Importance of Candlestick Closures in Trading

00:48:37 Understanding Contract Pricing in Trading

00:52:52 Importance of Verification in Trading

01:04:57 Adapting Trading Strategies to Market Conditions

01:16:50 Successful Risk Management in Trading Strategy

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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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