https://tradingnut.com/michaelkatzttp - Michael's Links 👈 ====== SPONSORS ====== 💵 https://tradingnut.com/BlueGuardian/ - SERIOUS FX & FUTURES PROP FIRM - Save 25% Coupon: TRADINGNUT 🏦 Get a 100% Deposit Bonus with Fx Broker BlackBull* https://tradingnut.com/BlackBullMarkets/ 🏅 https://tradingnut.com/ApexTraderFunding/ - Recommended Futures Prop Firm - Save $$ Coupon: TRADINGNUT Chapters: 00:00 Introduction #dynamictradersclub #dynamictradersseries #dynamictrading #forextrading 2025 #tradingtips2025 ==== CAM'S LINKS ====== 📈 Follow Cam's Trading: 🔗 https://t.me/+7DXVoqjqijowMWEx 🤖 Learn to Build MT5 Bots with Cam's Robot Builders Club 🔗 https://tradingnut.com/rbcfullfxdreemacourse/ ============================= In this episode, I interview Michael Katz, a veteran day trader with 15 years of experience in stocks and futures. Michael shares his trading journey with me, including a significant $91,000 loss while trading Virgin Galactic stock. He discusses the lessons he learned from this experience, emphasizing the importance of risk management and trading psychology. Michael also explains his trading strategies, focusing on price action and market structure rather than indicators. 00:00 Introduction 04:06 Turning Point to Profitability 06:47 Understanding Market Timing 10:06 Backtesting Trading Strategies 12:25 Setbacks in Trading 17:49 Common Mistakes Among Traders 20:02 Success Rates of Funded Traders 26:22 Understanding Risk Parameters 27:03 Trading Style Breakdown 28:56 Avoiding Trading Myths 35:03 Final Thoughts Trading is extremely risky, and you will probably lose all or more of the money you try to trade/invest with – even if you follow the content Trading Nut produces. Your odds of making money trading are almost 0%. We make no guarantees or promises that you will achieve any specific result at all. Trading Nut or anyone featured on Trading Nut content does NOT offer financial advice, and all information is for entertainment purposes only. You should consult a licensed financial services provider before placing trades in any financial market. Please read our full risk disclaimer so that you understand all of the risks associated with trading: https://tradingnut.com/disclaimers/