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Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)
252: How This Young Trader Made $2M in 1 Year with This Simple Strategy
Nov 8, 2023
In this podcast, a young trader shares their strategy for making $2 million in one year. They discuss starting in trading and learning through YouTube, using funding companies to grow accounts, managing risk and growing the account, entering trades with a specific strategy, their preferred broker and worst trade, and a limited opportunity trading strategy.
52:25
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Quick takeaways
- Mastering market reading is key to successful trading: understanding market structure, trend, and momentum.
- Develop patience and discipline, embrace set-and-forget strategy, and target consistent weekly profits.
Deep dives
Mastering the Art of Reading the Market
The key to successful trading is mastering how to read the market. Understanding market structure, trend, and momentum is crucial. Learn how to identify higher highs and higher lows, and gain a deep understanding of market direction. Focus on reading the market before worrying about entries, exits, or making money.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode