Words of Rizdom

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

#1 FTMO Trader Exposes Myth About Trading Psychology

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 Khaled Ayesh the founder & CEO of the prop firm Funding Pips. Khaled is a Jordanian entrepreneur and investor that took the prop firm industry by storm with Funding Pips and it's innovative offers and marketing. Funding Pips became one of the biggest firms in the industry before swiftly getting shut down due to unforeseen circumstances. Khaled has now brought Funding Pips back to full operation and even suggest that his payouts denials are zero! In this podcast exclusive we discuss the turbulent periods he faced, the current state of the prop firm industry and he also shares some behind the scenes tips for traders wanting to reach profitability. ____________________________________ Connect with Words of Rizdom: https://instagram.com/wordsofrizdomhttps://twitter.com/wordsof_rizdom https://www.instagram.com/realriziqbalConnect with our guest: https://fundingpips.com____________________________________ Timestamps:00:00:00 Introduction to Khaled - CEO Of Funding Pips00:05:13 The Vision Behind Funding Pips00:10:21 The Importance of a Growth Mindset 00:20:32 Leading Through Crisis: Managing 50+ Employees 00:25:39 Navigating the Industry: Challenges and Growth00:31:44 Establishing Operations and Internal Growth00:41:26 Building a Successful Business: Challenges and Strategies 00:46:57 The Importance of Patience in Trading 00:52:45 Finding Purpose in Life00:57:42 Outwitting the Devil: Challenging Belief Systems____________________________________ 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

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 Thomas Kralow. Thomas is a 30 year old crypto investor a multi-millionaire. He's amassed a huge social following in the millions and has become one of the most recognised faces in the crypto sphere. Earlier in his life Thomas suffered with alcoholism, smoking & weight issues but managed to drastically turn his life around through trading. He has managed to generate 11 different income streams, earns 7 figures a month from his businesses and has his eyes set to become a billionaire within the next 2 years. In this podcast we discuss the current state of the crypto market, the bitcoin halving, ethereum, altcoins and when Thomas expects the next bull run 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://www.instagram.com/thomaskralow/https://www.youtube.com/@KralowGameChangerhttps://gamechangercommunity.com/community____________________________________ Timestamps:00:00:00 Introduction to Thomas Kralow00:06:13 The Importance of Mentorship in Trading 00:10:42 The Reality of Trading: My First Million 00:16:09 Creating Cash Flow Online for Young Entrepreneurs00:21:28 Challenges and Emotions in Trading00:26:33 Understanding Social Media Algorithms00:31:49 Risk Management in Day Trading00:37:13 Optimizing Trading Strategies for Success 00:42:44 Navigating Change: Embracing the New Self 00:47:54 Crypto Investments and Wealth Strategy 00:53:09 The Impact of Inflation on Wealth 00:58:21 Financial Literacy and Profiting from Investments 01:04:00 Shifting Focus from Saving to Earning 01:08:47 Cryptocurrency Portfolio Strategy01:14:16 Overcoming Challenges in Decentralized Finance 01:20:11 Future of Crypto and Economic Predictions____________________________________ 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

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 Dave Teaches. Dave is a 6 figure day trader and hyper scalper that made a name for himself on Twitter after flipping just $700 into an incredible $89,000, all recorded live with receipts. Dave found himself in a difficult situation early in his trading career and took the "do or die" approach that trading must work out for the sake of his family. His success has come from a place of adversity and he has managed to change not only his life but his family's too. His controversial takes on Twitter has sparked some debate online but overall Dave is a down to earth, professional and talented guest.____________________________________ Connect with Words of Rizdom: https://instagram.com/wordsofrizdomhttps://twitter.com/wordsof_rizdom https://www.instagram.com/realriziqbalConnect with our guest:https://twitter.com/daveteachesfxhttps://youtube.com/@DaveTeaches____________________________________ Timestamps:00:00:00 Introduction to Dave Teaches - Turning $700 into $89,00000:08:50 The Importance of Mentorship in Trading00:18:09 High Win Rate Trading Strategies 00:26:25 Maximizing Opportunities on Lower Time Frames00:35:09 Aligning Backtesting with Live Trading00:44:54 Toxicity and Limiting Beliefs in Trading Communities 01:01:37 Mastering Financial Discipline: Strategies for Traders 01:09:52 The Myth of Trading Books and Mindset01:19:36 Exploiting Market Glitches: The Neo Example01:28:24 Understanding Market Consistency01:36:45 Overcoming Imposter Syndrome in Trading____________________________________ 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

On this episode of the Words of Rizdom podcast we are joined by Kimmel Trading. Kimmel is a German Portuguese trader that is no stranger to The Words of Rizdom Podcast. He has become a consistently profitable trader for over 3+ years and has achieved $1.2 Million in combined prop firm funding and multi 6 figures in payouts. In this podcast we deep dive into prop firms and the challenges most traders face when trading them, simple strategies that can give you and edge when taking challenges and also discuss the future of the industry and the best prop firms to go to. I hope you enjoy this episode!__________________________________________SUBSCRIBE NOW! Like this video, comment below who you’d like to see next, and turn on notifications to never miss a new video, as we post new episodes weekly!__________________________________________Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdomFree Trading Plan 👉🏽 https://words-of-rizdom.ck.page/0542be7af0 __________________________________________Smart Trading Blueprint:Guaranteed To Get Funded 👉🏽 https://learn.smarttradingblueprint.com/vw-optin?el=rdep138TradeZella:Use Code “RIZ10” for 10% off your subscription or Code “WOR” for 20% off your yearly subscription 👉 https://bit.ly/TradeZellaWORAlpha Capital:Use Code "RIZ25" for 25% OFF ALL Challenges 👉 https://bit.ly/AlphaCapitalWOR Alpha Futures:Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://bit.ly/AlphaFuturesWOR __________________________________________ Guest's Socials: Youtube: https://www.youtube.com/kimmeltradingThe Simple Trading Edge: https://join.thesimpletradingedge.com/simple-traderInstagram: https://www.instagram.com/kimmeltrading__________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdomRiz’s Twitter: https://twitter.com/wordsof_rizdom __________________________________________ Timestamps:00:00:00 Introduction to Kimmel Trading00:08:37 Market Challenges and Liquidity Issues 00:16:47 Why Futures Firms Are Popular 00:25:22 The Importance of Having an Edge in Trading00:33:05 The Role of Prop Firms 00:41:14 Prop Firm Withdrawals and Strategies00:49:44 The Cycle of Profit and Drawdown 00:57:49 The Power of Small Trading Increments 01:06:23 The Illusion of Success: Why I Almost Bought a Supercar 01:14:05 Simplifying Trading Concepts for Beginners01:22:22 Key Strategies for High Success Trading Students 01:31:06 Mastering Emotional Trading: Key Tips __________________________________________ DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only__________________________________________ #trading #forex #forextrading #futures #swingtrading #daytrading #podcast #daytrading #propfirms #ict

On this episode of the Words of Rizdom podcast we are joined by Riz Sardar. Riz is a prop firm trader turned 8 figure asset manager and the founder of Sardar Capital. Riz has managed to achieve an incredible $500,000 in prop firm payouts during his time as a prop firm trader and boasts a verified 3 year track record. In this podcast we discuss what it's like to run your own 8 figure asset management company, the expectations of high net worth investors and what the transition was like moving from the retail space to the professional trading realm. I hope you guys enjoy this episode!__________________________________________SUBSCRIBE NOW! Like this video, comment below who you’d like to see next, and turn on notifications to never miss a new video, as we post new episodes weekly!__________________________________________Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdomFree Trading Plan 👉🏽 https://words-of-rizdom.ck.page/0542be7af0 __________________________________________Smart Trading Blueprint:Guaranteed To Get Funded 👉🏽 https://learn.smarttradingblueprint.com/vw-optin1?el=rdep137TradeZella:Use Code “RIZ10” for 10% off your subscription or Code “WOR” for 20% off your yearly subscription 👉 https://bit.ly/TradeZellaWORAlpha Capital:Use Code "RIZ25" for 25% OFF ALL Challenges 👉 https://bit.ly/AlphaCapitalWOR Alpha Futures:Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://bit.ly/AlphaFuturesWOR __________________________________________ Guest's Socials: http://sardarcapital.comhttps://www.instagram.com/rizsardar__________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdomRiz’s Twitter: https://twitter.com/wordsof_rizdom __________________________________________ Timestamps:00:00 - Introduction - Riz Sardar06:38 - Building scalable businesses with five year plans15:15 - Traits of successful traders20:24 - Daily bias, rule based system26:48 - Moving on from generating ideas36:47 - Automated systems in hedge funds and retail47:55 - Growth, collaboration, and success54:31 - Building passion for trading and overcoming challenges59:32 - Clients different outlooks on risk and returns01:04:13 - Market differences and risk management01:07:19 - Crypto, bull run, maturing asset class01:18:34 - Reelection of Trump would boost markets01:27:11 - Refinement and improvement for success__________________________________________ DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only__________________________________________ #trading #forex #forextrading #futures #swingtrading #daytrading #podcast #daytrading

On this episode of the Words of Rizdom podcast we are joined by Arman Trades. Arman is a 21 year old UK based trader that focuses on Nasdaq. After leaving college Arman seeked a way to earn money beyond the typical 9-5 and came across trading. His aggressive trading style has allowed him to achieve multi-six figures in prop first payouts in less than 2 years from multiple firms. At one point he became the longest running active trader at TFT with streak of 700 days of max allocation. In this podcast we discuss the major pitfalls of prop firms traders, how to take advantage of certain conditions and a few important tips on how to get out of drawdown. I hope you guys enjoy this episode!__________________________________________SUBSCRIBE NOW! Like this video, comment below who you’d like to see next, and turn on notifications to never miss a new video, as we post new episodes weekly!__________________________________________Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdomFree Trading Plan 👉🏽 https://words-of-rizdom.ck.page/0542be7af0 __________________________________________Smart Trading Blueprint:Guaranteed To Get Funded 👉🏽https://learn.smarttradingblueprint.com/vw-optin?el=rdep136TradeZella:Use Code “RIZ10” for 10% off your subscription or Code “WOR” for 20% off your yearly subscription 👉 https://bit.ly/TradeZellaWORAlpha Capital:Use Code "RIZ25" for 25% OFF ALL Challenges 👉 https://bit.ly/AlphaCapitalWOR Alpha Futures:Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://bit.ly/AlphaFuturesWOR __________________________________________ Guest's Socials: https://www.instagram.com/arman.s.sahttps://x.com/armantradess__________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdomRiz’s Twitter: https://twitter.com/wordsof_rizdom __________________________________________ Timestamps:00:00:00 Introduction to Arman Trades - Secrets of a Consistent Trader00:04:09 Overcoming Financial Hardships and Motivations 00:08:22 Realistic Trading Mindset: 1% Risk to Reward is Great 00:12:56 Managing Drawdowns in Trading00:21:51 Professional Money Managers' Trading Strategies 00:26:10 Understanding Risk and Reward in Trading 00:30:29 Short-term Trading Strategies with Drawdown Limits 00:34:46 Trading Mindset: Overcoming Loss of Funding 00:39:01 Balancing Short-term Hardships for Long-term Profitability 00:43:30 Navigating Stress and Risk in Trading00:47:43 The Challenges of Trading Independently00:52:03 The Power of Belief and Action in Achieving Success00:55:42 The Journey of Successful Traders00:59:51 Trading Signals: Myths and Realities01:03:57 The Mindset of Today's Traders 01:08:18 Takeaways and Future Insights__________________________________________ DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only__________________________________________ #trading #forex #forextrading #futures #swingtrading #daytrading #podcast #daytrading