AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)
258: Why Malaysian SnR Traders Don’t Need Prop Firms
Dec 20, 2023
The podcast features Joey, a Malaysian S&R-style trader, who shares his trading journey and strategies for success. The hosts discuss their trading journey and the switch to trading Zavo USD. They emphasize the importance of having good mentors and a support system. The speakers talk about managing losses, controlling emotions, and the concept of runners in trading. They also highlight the benefits of reading trading books and share their aspirations for the future.
58:54
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Importance of finding a good mentor and spending time learning and practicing trading.
- Account management approach involving dividing capital into multiple accounts with different risk levels and the need for resilience in trading.
Deep dives
Joey's Journey as a Trader
Joey shares how he started his trading journey during the COVID-19 pandemic and lost a significant amount of money in his first year. He emphasizes the importance of finding a good mentor and spending time learning and practicing. After a year of losses, he focused on understanding market structure and honing his strategy. Joey shares how he grew his small account from $5 to $700, then withdrew some profits. He later deposited $100 and grew it to $20,000 before separating the profits. Joey also discusses his experiences with prop firms, the importance of account management, and the significance of psychology in trading.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode