Words of Rizdom Rake Trades: Losing $50,000 Trading To Making 6 Figures A Trade | WOR Podcast EP.75
Oct 11, 2023
02:40:53
In this episode of The Words of Rizdom Podcast we are joined by Rake Trades ✅
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Jake's Instagram: https://instagram.com/raketrades
Jake's Twitter: https://x.com/raketrades
Jake's Youtube: https://youtube.com/@raketradesllc
Riz’s Instagram: https://instagram.com/wordsofrizdom
Riz’s Twitter: https://twitter.com/wordsof_rizdom
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I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽
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Where to find me:
https://linktr.ee/wordsofrizdom
Twitter: @Wordsof_Rizdom - https://twitter.com/wordsof_rizdom
Instagram: @wordsofrizdom - https://instagram.com/wordsofrizdom
Email: riz@thevipergroup.com
Website: www.thevipergroup.com
Viper Instagram Page: @viper.group - https://instagram.com/viper.group
Timestamps:
0:00 Introduction
1:44: Rake Trades Journey
5:03: Why was Rake trades losing?
7:42: Getting out of a negative mindset and starting to trade effectively
10:37: What it's like to lose $50,000
16:52: How Rake trades made sure he never lost again
23:49 : Developing strong relationships with mentors and educators
29:58: Why taking financial hits will make you a better trader
32:56: Is there such thing as a perfect trader?
33:45: What is Success and does social media have an impact on what this looks like
44:04: Becoming a social media content creator
49:05: Experiencing hate on socials
55:02: Trading vs content creation
1:02:04 Trading with an addictive personality
1:16:15: Do drugs and alcohol help you be more creative or is it a myth?
1:32:16: Using journalling softwares
1:43:24 : Trading Styles
2:00:41: Holding on to baggage
2:11:36: Holy Grail of Trading
2:16:19 : Reason behind Rake trades tattoo & life challenges
2:24:56: Rake trade fans and events
2:32:19: Quick Fire Questions
DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only
Rake Trades shares his journey to success within trading. How he went from losing $50,000 trying to become successful to then making over 6 figures on single trades. He discusses having to deal with an addictive personality, how he manages to smoke weed and still stay clear and disciplined on the charts. We also talk over the power of journaling and his specific trading style.
#forextrading #trading #daytrading #optionstrading