Jack Neel Podcast

“I Was BROKE!” How TJR Beat Wall Street & Why 90% of Traders Fail (Interview)

18 snips
Sep 17, 2025
Dive into a young trader's rollercoaster journey from broke to booming success in the chaotic world of finance. Learn about the vital role of mentorship and unique trading strategies that turned adversity into achievement. Discover insights on managing risk, the allure of luxury cars, and the impact of social media on investment. The conversation flows through personal growth, family expectations, and the need for authenticity in an influencer-dominated landscape, all while exploring the vibrant cultures of Dubai and Puerto Rico.
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ADVICE

Demo Trade Before You Risk Real Money

  • Do practice trading with demo/paper accounts before risking real capital to learn without catastrophic losses.
  • Do focus first on proving your edge and emotional control on demo before moving to live funds.
INSIGHT

Knowing Price ≠ Profit

  • Knowing where price wants to go is often easier than controlling emotions and risk management.
  • Emotional control and position sizing are the hardest parts that turn knowledge into profits.
INSIGHT

Strange Methods Can Still Work

  • Many strange strategies can work because edges are personal and idiosyncratic.
  • Focus on reproducible advantage, not on whether a method looks sensible to others.
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