On this episode of the Words of Rizdom podcast we are joined by Waqar Asim, Bernd Skorupinski, Kimmel Trading, Andrew NFX. In this 2 hour roundtable we discuss with verified 7 figure traders the key differences between scalping and swing trading. The importance of fundamentals in trading, scaling capital, the choice between prop firms and personal and so much more!
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Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom
Free Trading Plan 👇
https://words-of-rizdom.ck.page/0542be7af0
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TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter.
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https://www.tradezella.com/?via=riz
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The #1 Prop Firm In The Entire Industry Alpha Capital. They have their own broker, their own technology, actual institutional experience and the best community in the prop firm industry.
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Guest's Socials:
https://www.instagram.com/waqarasim
https://www.instagram.com/bernd_skorupinski
https://www.instagram.com/kimmeltrading
https://www.instagram.com/kimmeltrading
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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. 🙏🏽
SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽
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Timestamps:
00:00:00 - Intro
00:08:04 - The Challenge of Trading Lower Time Frames
00:15:35 - The Psychology of Trading and Using Trade Zella
00:23:08 - Modifying Trading Strategies for Prop Firms and Full-Time Jobs
00:30:57 - Finding the Right Balance in Trading Strategies
00:39:09 - Quality over Quantity in Trading
00:46:48 - KPIs and Trading Strategies
00:55:09 - Trading Strategies and Risk Management
01:03:19.000 - Strategies for Managing Commission and Execution Fees
01:11:23 - Factors to Consider in Trading Strategies
01:18:52 - The Importance of Fundamentals
01:26:32 - The Break of Supply Zones
01:35:05 - The Importance of Putting in the Work
01:43:41 - The Importance of Being Transparent in Education
01:51:01 - The Importance of Live Trading
01:58:55 - Financial Stability before Trading
02:07:25 - The Feeling of Making the First Profit in Trading
02:15:10 - Lessons Learned from Losses and Wins
02:23:34 - The Joy of Creating Content on Social Media
02:31:01 - The Blessing of YouTube Growth
02:40:03 - Wrap Up and Future Round Table Discussions
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DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only
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#trading #forex #forextrading #futures #futurestrading #daytrading #podcast #swingtrading #scalping
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