Words of Rizdom

Nick Leeson, known as the 'Rogue Trader,' infamously caused the collapse of Barings Bank in the 1990s. He shares insights on the psychological toll of trading, emphasizing the importance of personal accountability and self-awareness. The discussion includes his dramatic escape from arrest, the chaos of his life as a trader, and lessons learned from immense financial losses. He also reflects on the emotional struggles in high-stakes trading and the need for discipline and routine to navigate market volatility.

Join the Market Journal community for weekly direct market insights for FREE 👉 https://www.market-journal.comUse Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://bit.ly/TradeZellaWORUse Code "RIZ25" for 25% OFF ALL Challenges 👉 https://bit.ly/AlphaCapitalWOR Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://bit.ly/AlphaFuturesWOR Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom____________________________________SUBSCRIBE NOW, and turn on notifications to never miss a new video, we post new episodes EVERY Thursday with verified traders.____________________________________On this episode of the Words of Rizdom podcast we are joined Jason Sen. I hope you guys enjoy this incredible episode!____________________________________ Connect with Words of Rizdom: https://instagram.com/wordsofrizdomhttps://twitter.com/wordsof_rizdom https://www.instagram.com/realriziqbalConnect with our guest:https://www.daytradeideas.co.uk/https://m.youtube.com/daytradeideashttps://www.instagram.com/daytradeideas/____________________________________ Timestamps:00:00:00 Introduction To Jason Sen - Making A Million Pounds In 4 Days Trading00:06:31 The Early Days of Trading and Family Influence00:12:52 The Energy and Chaos of the Trading Floor 00:19:10 The Trader's Addiction to the Markets00:25:24 The Hidden Struggles of a Forex Trader 00:31:37 Transition from Trading to Brokerage 00:37:44 Swing Trading Strategies and Market Focus00:44:05 Why You Need a Trading Strategy00:56:35 The Evolution of Trading with Technology01:02:36 Reflections on Trading in the Trump Era01:08:54 The Economic Crisis and Market Chaos ____________________________________ 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.____________________________________ #trading #forex #forextrading #futures #swingtrading #daytrading #podcast #daytrading #marketwizards #hedgefund #stockmarket #wallstreet #tradingsignals #londonstockexchange

Join the Market Journal community for weekly direct market insights for FREE 👉 https://www.market-journal.comUse Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://bit.ly/TradeZellaWORUse Code "RIZ25" for 25% OFF ALL Challenges 👉 https://bit.ly/AlphaCapitalWOR Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://bit.ly/AlphaFuturesWOR Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom____________________________________SUBSCRIBE NOW, and turn on notifications to never miss a new video, we post new episodes EVERY Thursday with verified traders.____________________________________On this episode of the Words of Rizdom podcast we are joined Alex Temiz. Alex is a stock trader and former student of SMB Capital. He's renowned for his short selling strategy that involves shorting small cap stocks for huge profits. One of his most infamous trades was shorting DJT for an eye watering $400,000 in a single trade. His verified track record has grown to almost $10 Million in trading profits and he's become one of the most decorated traders out there. I hope you guys enjoy this incredible episode!____________________________________ Connect with Words of Rizdom: https://instagram.com/wordsofrizdomhttps://twitter.com/wordsof_rizdom https://www.instagram.com/realriziqbalConnect with our guest:https://www.instagram.com/alex_temizhttps://www.instagram.com/myinvestingclubhttps://x.com/at09_traderhttps://x.com/myinvestingclub____________________________________ Timestamps:00:00:00 Introduction to Alex Temiz - Over $10 Million In Verified Profits00:07:04 From Starbucks Barista to Successful Trader00:13:47 Understanding Market Changes and Strategy Adaptation00:20:29 The Power of Mentorship00:27:19 Importance of Grading Your Trading Setups 00:34:28 Path to a Million Dollar Trading Day00:41:22 Taking a Break from Trading After 10 Years 00:49:09 Navigating Stock Market Rebounds 00:56:05 Managing Choppy Trading Markets01:02:47 Overcoming Failure in Trading: The Path to Success 01:09:43 Market Reactions to Trump's Policies 01:16:42 The Reality of Hype Stocks 01:23:52 Balancing Freedom and Trading Success 01:30:58 Importance of a Consistent Trading Routine 01:37:16 Managing FOMO and Trade Consistency 01:51:05 Trading Strategies: Adapting to Change____________________________________ 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.____________________________________ #trading #forex #forextrading #futures #swingtrading #daytrading #podcast #daytrading #marketwizards #hedgefund #stockmarket #wallstreet

Richie Naso, a 60-year Wall Street veteran, shares invaluable insights from his extensive trading career. He discusses the intricacies of market algorithms and their impact on volatility, emphasizing the need for traders to understand these mechanisms. Naso highlights the significance of risk management and the use of tools like EMAs and VWAP for successful trading. He draws parallels between trading and gambling, revealing personal anecdotes that shaped his risk-oriented mindset. Key strategies for navigating modern trading landscapes and maintaining emotional control are also explored.

Lewis Borsellino, a former CME floor trader who made headlines with a $1.4 million trade in just 13 seconds, shares his journey from aspiring lawyer to trading legend. He dives into the emotional rollercoaster of trading, the chaotic dynamics of the floor, and the psychological hurdles traders face. Borsellino reveals the importance of risk management and mental discipline, paired with personal anecdotes from the 1987 market crash. He also discusses the shift to electronic trading and the evolving strategies required to navigate today's market challenges.

Peter Tuchman, known as "The Einstein of Wall Street," is a 40-year veteran trader who shares incredible insights from his time on the NYSE floor. He dives into the evolution of trading from pits to electronic platforms and highlights what sets winning traders apart from those who fail. Peter discusses the psychological challenges of day trading, the necessity for discipline, and the importance of navigating market turbulence effectively. His firsthand anecdotes paint a vivid picture of the trading world, making complex concepts accessible and engaging.

In this insightful discussion, Jason Shapiro, a trading veteran managing over $200 million, shares his journey as a contrarian trader. He emphasizes the importance of journaling for enhancing decision-making and the power of patience in navigating market complexities. Jason delves into the pursuit of true happiness beyond wealth, the significance of mentor relations, and the psychological challenges of trading large sums. His insights on risk management and unique strategies offer a refreshing perspective on thriving in the financial world.

Jared Tendler, a trading psychologist and author of 'The Mental Game of Trading,' shares his insights on the psychological hurdles traders face. He discusses the critical balance between mental resilience and technical skills, exploring how emotions like greed can impact decision-making. Tendler critiques the prevalence of unqualified mindset coaches and emphasizes the importance of self-awareness in trading. He also addresses the challenges new traders encounter, highlighting the need for discipline and reflection to achieve long-term success.

Join the Market Journal community for weekly direct market insights for FREE 👉 https://www.market-journal.comUse Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://bit.ly/TradeZellaWORUse Code "RIZ25" for 25% OFF ALL Challenges 👉 https://bit.ly/AlphaCapitalWOR Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://bit.ly/AlphaFuturesWOR Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom____________________________________SUBSCRIBE NOW, and turn on notifications to never miss a new video, we post new episodes EVERY Thursday with verified traders.____________________________________On this episode of the Words of Rizdom podcast we are joined by Trading Lord. He's a crypto multi-millionaire with a decade of experience in crypto. As one of the top traders on ByBit he managed to achieve #1 position on the exchange as the most profitable trader in a 24 hour period out of thousands of traders. In this podcast we discuss the next bull run in crypto, the direction he see bitcoin heading, insider trading, meme coins and the simple strategy he used to become a millionaire in crypto. I hope you guys enjoy this episode!____________________________________ Connect with Words of Rizdom: https://instagram.com/wordsofrizdomhttps://twitter.com/wordsof_rizdom https://www.instagram.com/realriziqbalConnect with our guest:https://x.com/tradinglordhttps://www.kollectiv.iohttps://www.instagram.com/tradinglordhttps://youtube.com/@thetradinglord____________________________________ Timestamps:00:00:00 Introduction - Trading Lord00:00:05 Warren Buffett's Influence on Financial Mindset00:11:16 The Evolution of Crypto Investing Strategy00:22:27 Challenges for Retail Investors in VC-Funded Coins00:28:02 Early Stage Investment Opportunities in Crypto 00:33:42 The Downfall of Launching a Meme Coin 00:39:13 The Stress of High-Stakes Trading 00:45:07 Overcoming Personal and Financial Crisis 00:51:48 Bitcoin Bull Market Predictions 00:57:25 Imagining a Community Focused Future 01:03:36 Emotional Challenges in Trading and Investing01:09:10 Choosing Privacy over Fame 01:14:50 The Ethics of Crypto and Forex Trading 01:20:25 The Importance of Simple Technical Analysis Tools01:26:25 Building a Crypto Community____________________________________ 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.____________________________________ #trading #forex #forextrading #futures #swingtrading #daytrading #podcast #daytrading #bitcoin #ict #election #elections2024 #crypto #cryptocurrency #cryptotrading #memecoins

Join the Market Journal community for weekly direct market insights for FREE 👉 https://www.market-journal.comUse Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://bit.ly/TradeZellaWORUse Code "RIZ25" for 25% OFF ALL Challenges 👉 https://bit.ly/AlphaCapitalWOR Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://bit.ly/AlphaFuturesWOR Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom____________________________________SUBSCRIBE NOW, and turn on notifications to never miss a new video, we post new episodes EVERY Thursday with verified traders.____________________________________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. ____________________________________ Connect with Words of Rizdom: https://instagram.com/wordsofrizdomhttps://twitter.com/wordsof_rizdom https://www.instagram.com/realriziqbalConnect with our guest:https://www.instagram.com/bernd_skorupinskihttps://youtube.com/@berndskorupinskiVideo mentioned by Bernd - https://youtu.be/9jGWun_gv28?si=F-69ImD4lYWAr_7B____________________________________ Timestamps:00:00:00 Introduction to Bernd Skorupinski: Record Holder on FTMO00:05:35 Challenges with Starting a Prop Firm 00:11:16 Challenges of Industry Growth and Prop Trading Risks00:17:08 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 Trading00:50:56 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____________________________________ 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.____________________________________ #trading #forex #forextrading #futures #swingtrading #daytrading #podcast #daytrading #propfirms #ict #election #elections2024