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Words of Rizdom

#1 FTMO Trader Exposes Myth About Trading Psychology

Nov 16, 2024
01:28:29

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On this episode of the Words of Rizdom podcast we are joined by Bernd Skorupinski. Bernd has become one of the most decorated and widely recognised faces in the prop firm industry having cemented himself as the #1 FTMO trader in the world and achieving leaderboard status over 120 times. He carries a verified track record ($2M A-Book) and has been trading full time for 11 years. In this podcast we discuss the current state of the prop firm space, his unique strategy to profitability, how to trade prop firms the correct way and he even shares some things he's never disclosed in a podcast or interview ever before.


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Connect with Words of Rizdom:


https://instagram.com/wordsofrizdom

https://twitter.com/wordsof_rizdom

https://www.instagram.com/realriziqbal


Connect with our guest:


https://www.instagram.com/bernd_skorupinski

https://youtube.com/@berndskorupinski

Video mentioned by Bernd - https://youtu.be/9jGWun_gv28?si=F-69ImD4lYWAr_7B


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Timestamps:


00:00:00 Introduction to Bernd Skorupinski: Record Holder on FTMO

00:05:35 Challenges with Starting a Prop Firm

00:11:16 Challenges of Industry Growth and Prop Trading Risks

00:17:08 Understanding the Dynamics of Prop Trading Firms

00:22:08 Transition from Stocks to Forex Trading

00:27:32 The Reality of Day Trading and Screen Time

00:32:37 Choosing the Right Trading Plan

00:38:32 Why Trading is Ideal for Busy Parents

00:44:54 Understanding Key Performance Indicators in Trading

00:50:56 The Importance of Consistency in Trading

00:55:37 The Challenges of Scaling as a Trader

01:00:51 Importance of Tracking Trading Data

01:06:15 Building Skill and Confidence in Trading

01:12:30 The Importance of Maturity in Trading

01:17:03 Election Cycles and Market Trends

01:23:09 Navigating Difficult Career Moments in Dubai


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Disclaimer:

The content on Words of Rizdom is for informational and educational purposes only. We are not personally affiliated with any of the guests featured in our episodes. Our role is solely to interview them and share their insights, experiences, and expertise. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom. Always carry out your own research and seek professional advice before making decisions based on the content shared.

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#trading #forex #forextrading #futures #swingtrading #daytrading #podcast #daytrading #propfirms #ict #election #elections2024

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