Words of Rizdom - Trading Podcast

Pro Trader Turned $3K Into $2.1M IGNORING Retail ADVICE

14 snips
Nov 27, 2025
Guest
Chris Verma
Chris Verma, a systematic and hybrid small-cap day trader, transformed a mere $3,000 into $2.1 million. He shares insights on effective risk management and the importance of a mathematical edge in trading. Chris explains the benefits of backtesting and how automation can reduce emotional strain. He dives into the nuances of hybrid trading, adapting to market changes, and his philosophy on sizing trades. Additionally, he challenges mainstream trading advice and emphasizes the significance of discipline and transparency in building a successful trading career.
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ADVICE

Build And Trust A Backtested Edge

  • Find a mathematical edge and backtest it thoroughly before trading live.
  • Let the system run and avoid interfering with trades to allow the edge to express itself.
INSIGHT

Systems Can Beat Day-One Emotions

  • Systematic trading can make a trader profitable from day one if the system has an edge and is executed correctly.
  • Emotions and poor execution are the main reasons profitable systems fail in practice.
ADVICE

Hand-Track And Clean Backtest Data

  • Clean and hand-track your backtest data to avoid bad inputs like unadjusted splits or false triggers.
  • Use long-term data sources (e.g., Polygon) when testing multi-year patterns.
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