

293. $91k Loss to 91% Win Rate β¦ How He Found The Blueprint To Consistently Profitable Trading
Jan 28, 2025
Michael Katz, a veteran day trader with 15 years in stocks and futures, shares his trading evolution, including a hefty $91k loss in Virgin Galactic. He emphasizes the significance of risk management and trading psychology in overcoming setbacks. Katz discusses mastering price action strategies and market timing with a flexible approach. He details his impressive 90% win rate and the value of realistic expectations in trading. With insights on turning gaming skills into trading advantages, he encourages a disciplined, data-driven perspective for sustainable success.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Intro
00:00 β’ 2min
From Gamer to Trader: A Journey to Profitability
02:24 β’ 4min
Rethinking Market Timing: A Flexible Approach to Trading
05:57 β’ 3min
Mastering Trading Strategies
08:45 β’ 13min
Achieving Consistent Profitability: Insights on Trading Strategies and Statistics
21:25 β’ 4min
Trading Strategies and Realistic Expectations
25:44 β’ 6min
From Gamer to Trader: Discovering Your Trading Edge
31:17 β’ 5min