Canada's #1 Youngest 7 Figure Day Trader - Scarface Trades

Aug 7, 2025

Scarface Trades is a 23-year-old Canadian day trader who skyrocketed from financial struggles to amassing seven figures. He discusses his unique scalping strategies on the one-minute timeframe, emphasizing the importance of timing for maximum profits. Scarface shares insights on risk management and the psychological challenges of trading, revealing how personal growth intertwines with market success. He also touches on the evolution of his trading techniques and the significance of having a structured approach, underscoring the journey of self-discovery in achieving financial goals.

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INSIGHT

Precision of Lower Timeframes

Lower timeframes offer more precision aligned with higher timeframe trends.
Entering on the one-minute timeframe captures better risk to reward and big moves.

ANECDOTE

Humble Penny Stock Beginnings

Scarface began trading penny stocks in high school and grew $5,000 to $50,000 quickly.
A subsequent $15,000 loss in school made him realize the need for a real system.

ADVICE

Trade Small to Survive Longer

Learn the trading process first by starting small and journal meticulously.
Avoid blowing your account by sizing down and staying in the game longer.

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Connect with our guests:

https://youtube.com/@ScarfaceTrades

https://www.instagram.com/scarfacetrades_

https://x.com/scarfacetrades_

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On this episode of the Words of Rizdom podcast we are joined by Scarface Trades. Scarface is a 23 year old Canadian day trader that has become a phenomenon in the retail trading space. He went from broke and growing up in government housing to becoming an incredibly successful trader. His strategy involves scalping but he quite often enters on the 1 minute timeframe which some traders claim to be almost impossible, Scarface has done it. I hope you guys enjoy this incredible episode!

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Connect with Words of Rizdom:

https://instagram.com/wordsofrizdom

https://twitter.com/wordsof_rizdom

https://www.instagram.com/realriziqbal

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Timestamps:

00:00:00 Introduction To Scarface Trades: Profitable Trading Scalping on Lower Timeframes

00:08:14 Early Trading Success and Downfall

00:12:18 Balancing Career, Education, and Trading

00:16:33 The Importance of a Trading Roadmap

00:24:56 Managing Greed and Fear in Trading

00:32:30 Optimal Trading Times for Maximum Volume

00:36:33 Importance of Candlestick Closures in Trading

00:48:37 Understanding Contract Pricing in Trading

00:52:52 Importance of Verification in Trading

01:04:57 Adapting Trading Strategies to Market Conditions

01:16:50 Successful Risk Management in Trading Strategy

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Disclaimer:

The content on Words of Rizdom is for informational and educational purposes only and should not be considered financial, investment or trading advice. I am not a licensed financial advisor, and the strategies, opinions, and commentary shared are based on personal experience of the respective guests. We are not personally affiliated with any of the guests featured in our episodes. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom.

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Trading and Investing involves risk, and you should always do your own research or consult with a qualified financial professional before making any investment decisions. You are solely responsible for your financial decisions. This channel and its creator are not liable for any loss or damage arising from the use of information presented in videos.

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