Words of Rizdom - Trading Podcast

Marci Silfrain, the #2 trader globally and a Robbins World Cup competitor, discusses her journey in futures trading and shares insights on achieving a 320% return. She emphasizes the importance of relentless backtesting and strong emotional discipline in trading. Marci highlights her focus on indices like S&P and NASDAQ, her journey through various market cycles, and the role of transparency in her work. She warns against shortcuts in trading and stresses the significance of data collection for success. Marci also reveals big plans for The Losers Fund and her thoughts on defining success.

Ted Zhang, a 25-year-old portfolio manager at Revere Asset Management, shares his journey from pre-med to asset management during COVID-19. He emphasizes the importance of treating trading as a long-term game where mistakes are vital learning opportunities. Ted discusses key trading strategies, risk management lessons from painful drawdowns, and the significance of studying market history. He also explores how diverse team environments enhance decision-making and offers insights into his structured approach to trading, including entry tactics and exit rules.

In this insightful discussion, professional trader Fabio Valentini shares strategies grounded in human psychology and the importance of backtesting. Dylan O’Neill emphasizes treating trading like a business and the art of risk management. Trading psychologist Dr. Brett highlights emotional discipline and physiological checks for peak performance. Veteran analyst Jack Schwager explains the Pareto principle in trading outcomes, while Chris Camillo critiques crypto in favor of tangible assets and advocates for a prepared-mind approach to macro events.

Fabio Valentini, an elite scalper and discretionary trader known for his impressive returns, shares his insights from a live trading session. He discusses the importance of risk management, emphasizing daily limits and profit targets. Throughout the session, Fabio demonstrates advanced techniques like spotting absorption and executing risk-free trades. He highlights the significance of execution speed, dynamic risk management, and disciplined decision-making. Additionally, he explains his unique approach to cryptos and long-term investments while advocating for organized lifestyle choices in trading.

Join James Krieger, aka Stockwonk, a verified trader who turned a small account into over $1.5M with a staggering 40,000% return. He shares the challenging yet rewarding journey of transitioning to full-time trading, his experience of losing half his capital, and the importance of risk management. James emphasizes compounding gains, the psychological benefits of paying yourself, and the necessity of having multiple strategies. His data-driven approach and discipline shine through as he discusses adapting to market changes and maintaining longevity in trading.

Jay Awtani, a seven-figure order flow/options trader, shares his remarkable journey from $3K to $1M in trading profits. He emphasizes the importance of resilience and risk management while recounting his transition to US markets during 2020's volatility. Discover his unique method of tape reading and dynamic position sizing, which help him validate trades. Jay discusses the psychological aspects of trading, including handling big losses and the significance of journaling for improvement. Tune in for insights on smarter trading strategies and emotional resilience!

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.

Cade Vinyard, a seasoned hedge fund trader with a decade of experience, shares his inspiring journey from struggling retail trader to managing a $50 million portfolio at Fifth Lane Capital. He delves into the crucial role of mentorship, the importance of adaptability during COVID-19, and how mental readiness precedes financial success. Cade also emphasizes the value of health and strong relationships in trading performance, along with the need for continuous self-improvement and resilient decision-making in today’s evolving markets.

Raoul Pal, Co-founder and CEO of Real Vision, known for his predictive prowess in the financial realm, dives into the implications of AI on trading. He discusses how AI can enhance trading strategies and contrasts adrenaline-driven trading with purposeful investing. Raoul explores generational differences in market approaches, the potential loss of human trading edges to machines, and the importance of long-term investment themes. He also shares insights on building trading discipline, community support, and navigating the evolving landscape of crypto and macro trends.

Dylan O'Neill, a young discretionary trader on Wall Street, shares his journey from retail trader to prop firm success. He discusses the importance of confidence, accountability, and having a repeatable edge in trading. Dylan contrasts retail trading with firm expectations, highlighting the benefits of mentorship and resources. He reflects on overcoming early setbacks, fixing impulse trading, and scaling capital. Insights on algorithmic trading and advice for those caught in boom-and-bust cycles round out his compelling story.