Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

300. PROFITABLE TRADING: It’s Just 2nd Grade Math (No One Tells You This) w/ Jerremy Newsome

Apr 10, 2025
Guest
Jerremy Newsome
Jerremy Newsome, a trader focused on making consistent profits through basic principles, reveals the simplicity of trading likened to second-grade math. He shares his strategy of targeting small movements in stocks, particularly Tesla, to aim for $600,000 in annual profits. The conversation delves into mental discipline, learning from losses, and identifying trading patterns. They discuss overcoming the fear of missing out and the importance of an abundance mindset, along with the transformative power of personal growth in the trading journey.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Wealth Is Simple Math Repeated

  • Wealth in trading is about consistently applying a simple, repeatable formula.
  • Success accumulates through repeated, basic actions rather than complex strategies.
ANECDOTE

Tesla Trading Anecdote

  • Jerremy targets small moves in Tesla stock, trading 1,000 shares for $3 per point over 200 days.
  • This approach yields $600,000 annually, demonstrating a scalable, consistent profit model.
ADVICE

Learn From Every Loss

  • When losing, step back and honestly admit it to yourself without ego.
  • Study losses carefully to tweak and improve your trading approach.
Get the Snipd Podcast app to discover more snips from this episode
Get the app