Starting with $3K: risk management lessons

On this episode of the Words of Rizdom podcast we are joined by Jay Awtani. Jay came from humble beginnings and is now a 7 figure order flow trader. He's made huge trades on both Nvidia & Tesla to make multiple six figures and has now become a highly regarded professional & verified trader. In this episode we go through his exact process and journey that took Jay from having just $2 to now making $1 Million in trading profits. I hope you guys enjoy this incredible episode!

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Connect with our guests:

https://www.instagram.com/jaw_trades

https://youtube.com/@JayAwtani

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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 From $2 to OVER $1 Million - Jay Awtani

04:39 Inside Jay's Trading Process & Options Strategies

08:10 Transparency In Trading - Early Struggles & Setbacks

12:34 Lessons From Painful Trading Losses

16:28 The Turning Point - 2019 To 2020 Breakthrough

20:51 How Market Conditions Shaped Jay's Results

30:33 Tape Reading 101 - Understanding The Market's DNA

37:36 Dynamic Position Sizing - When To Press & When To Cut

44:19 Entries, Exits & Trade Management - Jay's Exact Approach

50:16 Handling Big Losses - Mental Recovery After Getting Hit

55:49 Journaling & Review - Self Forgiveness As A Trading Edge

01:07:42 Dopamine, Peaks & Valleys - The Emotional Cycle Of Trading

01:13:17 Going Full Time - Jay's Transition To Pro Trader

01:19:14 Daily Routine - Pre Market Prep, Focus & Intentionality

01:24:25 Refining The Process - Data Driven Adjustments Over Time

01:28:24 Personal Loss & Grief - How Life Events Impact Trading

01:34:53 Pain Thresholds & Emotional Control Under Pressure

01:39:27 Micro Improvements - The Path To Elite Trading Performance

01:44:36 Choosing Your Market & Final Reflections

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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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