Nik Lentz, known as 'The Carny', is a former UFC fighter who boldly transitioned into trading. He shares his journey from a tough upbringing to a career in combat sports, highlighting the psychological similarities between fighting and trading. Nik dives into vital strategies like position sizing and risk management, emphasizing the importance of discipline. He reflects on his approach to parenting and the potential for his kids to follow in his fighting footsteps, revealing the deeper connections between personal struggles and professional success.

Nik Lentz discusses his journey from a difficult childhood to a UFC career and his philosophy on fighting and life. He then talks about his transition to trading derivatives and his approach to risk management. The podcast explores the impact of childhood experiences on success, the psychology of big wins in trading, and provides advice for young traders.