AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
B The Trader
This 22 Year Old trader turned $3k in to $100k
Nov 6, 2023
A 22-year-old trader shares his journey from learning about trading through YouTube videos to turning $3k into $100k. He discusses the influence of different traders on his trading style, the power of communities and influences, and transitioning from discretionary to systematic trading. They also explore the approach to entries and exits in systematic trading and the challenges of trading small caps.
39:37
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Creating a systematic approach in trading helps eliminate emotional biases and adhere to predetermined rules, leading to consistent success.
- Backtesting is essential in assessing the effectiveness of a trading strategy by analyzing past performance and identifying potential weaknesses.
Deep dives
Importance of Being Systematic in Trading
Being a systematic trader is crucial for consistent success in trading. It allows you to eliminate emotional biases and adhere to a predetermined set of rules. By creating a systematic approach, you can significantly improve your trading results and reduce the impact of human errors.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode