Words of Rizdom - Trading Podcast

On this episode of the Words of Rizdom podcast we are joined by 5ive Beatz. A music producer turned funded trader who produced music for Nines, Potter Payper & Pop Smoke. 5ive was sentenced to prison after spending an early part of his life involved in crime. 5ive got into trading and has now achieved a massive $150,000 in payouts in less than nine months! An incredible journey and a lot to take away from this podcast! __________________________________________ Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom Free Trading Plan 👇 https://words-of-rizdom.ck.page/0542be7af0 __________________________________________ TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter. ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️ https://www.tradezella.com/?via=riz ⬇️Use Code “WOR” for 20% off your yearly subscription ⬇️ https://www.tradezella.com/?via=riz __________________________________________ The #1 Prop Firm In The Entire Industry Alpha Capital. They have their own broker, their own technology, actual institutional experience and the best community in the prop firm industry. They also still support the best trading platform for all Traders with Platform 5! 👀 Use Code "RIZ" for 20% OFF ALL Challenges. 👉 https://app.alphacapitalgroup.uk/signup/RIZ 👈 __________________________________________ Guest's Socials: https://www.instagram.com/5ivebeatz __________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdom Riz’s Twitter: https://twitter.com/wordsof_rizdom __________________________________________ I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽 SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽 __________________________________________ 00:00:00 - Intro 00:03:34 - From Music to Trading: Finding Independence 00:06:59 - Reflecting on Past Choices 00:10:20 - Switching to Music 00:13:41 - From Hardship to Success in the Music Industry 00:16:53 - Working with Travis Scott 00:20:03 - Finding a New Path in Trading 00:23:28 - The Importance of Mental Strength in Trading 00:26:59 - Finding a Legit Mentor 00:30:21 - The Journey of Success and Learning Every Day 00:33:24 - Taking a Break and Slowing Down in Trading 00:36:38 - Learning from Financial Mistakes and Staying Disciplined 00:39:48 - Learning from Drawdowns and Humbling Experiences 00:42:54 - Overcoming Fear and Taking the Risk 00:46:09 - The Importance of Proper Risk Management 00:49:24 - Applying the Skill Set to Prop Trading 00:52:47 - The importance of trading discipline and simplicity 00:56:12 - Proper Risk Management and Data Analysis 00:59:48 - The Journey of a Trader 01:03:18 - Always a Student, Always Learning __________________________________________ DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only __________________________________________ #trading #forex #forextrading #futures #futurestrading #daytrading #podcast #swingtrading #scalping

On this episode of the Words of Rizdom podcast we are joined by Waqar Asim, Bernd Skorupinski, Kimmel Trading, Andrew NFX. In this 2 hour roundtable we discuss with verified 7 figure traders the key differences between scalping and swing trading. The importance of fundamentals in trading, scaling capital, the choice between prop firms and personal and so much more! __________________________________________ Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom Free Trading Plan 👇 https://words-of-rizdom.ck.page/0542be7af0 __________________________________________ TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter. ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️ https://www.tradezella.com/?via=riz ⬇️Use Code “WOR” for 20% off your yearly subscription ⬇️ https://www.tradezella.com/?via=riz __________________________________________ The #1 Prop Firm In The Entire Industry Alpha Capital. They have their own broker, their own technology, actual institutional experience and the best community in the prop firm industry. They also still support the best trading platform for all Traders with Platform 5! 👀 Use Code "RIZ" for 20% OFF ALL Challenges. 👉 https://app.alphacapitalgroup.uk/signup/RIZ 👈 __________________________________________ Guest's Socials: https://www.instagram.com/waqarasim https://www.instagram.com/bernd_skorupinski https://www.instagram.com/kimmeltrading https://www.instagram.com/kimmeltrading __________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdom Riz’s Twitter: https://twitter.com/wordsof_rizdom __________________________________________ I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽 SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽 __________________________________________ Timestamps: 00:00:00 - Intro 00:08:04 - The Challenge of Trading Lower Time Frames 00:15:35 - The Psychology of Trading and Using Trade Zella 00:23:08 - Modifying Trading Strategies for Prop Firms and Full-Time Jobs 00:30:57 - Finding the Right Balance in Trading Strategies 00:39:09 - Quality over Quantity in Trading 00:46:48 - KPIs and Trading Strategies 00:55:09 - Trading Strategies and Risk Management 01:03:19.000 - Strategies for Managing Commission and Execution Fees 01:11:23 - Factors to Consider in Trading Strategies 01:18:52 - The Importance of Fundamentals 01:26:32 - The Break of Supply Zones 01:35:05 - The Importance of Putting in the Work 01:43:41 - The Importance of Being Transparent in Education 01:51:01 - The Importance of Live Trading 01:58:55 - Financial Stability before Trading 02:07:25 - The Feeling of Making the First Profit in Trading 02:15:10 - Lessons Learned from Losses and Wins 02:23:34 - The Joy of Creating Content on Social Media 02:31:01 - The Blessing of YouTube Growth 02:40:03 - Wrap Up and Future Round Table Discussions __________________________________________ DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only __________________________________________ #trading #forex #forextrading #futures #futurestrading #daytrading #podcast #swingtrading #scalping

In this episode of the Words of Rizdom Podcast we are joined by Owen Morton. The founder of TradeLocker, the innovative new platform; TradeLocker is the most innovative trading platform that stands out by listening to what traders want and actually delivering what’s promised. TradeLocker has been built by listening to what over 2.5 million traders want and need through over 10 years of experience in the forex industry. We speak to Owen about how he got into his position that he is in today. How he came across the trading industry and how between himself and his team he has provided so much value to the trading industry. Between his group he has amassed a net worth of $1 Billion Net Worth. Recorded 21st March 2024. __________________________________________ TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter. ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️ https://www.tradezella.com/?via=riz ⬇️Use Code “WOR” for 20% off your yearly subscription ⬇️ https://www.tradezella.com/?via=riz __________________________________________ The #1 Prop Firm In The Entire Industry Alpha Capital. They have their own broker, their own technology, actual institutional experience and the best community in the prop firm industry. They also still support the best trading platform for all Traders with MT5! 👀 Use Code "Riz" for 20% OFF ALL Challenges. 👉 https://app.alphacapitalgroup.uk/signup/RIZ 👈 __________________________________________ Owen's Socials: https://www.instagram.com/therealowenm https://owen.com/ __________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdom Riz’s Twitter: https://twitter.com/wordsof_rizdom __________________________________________ 🔴 Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom __________________________________________ I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽 SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽 __________________________________________ Timestamps: __________________________________________ DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only __________________________________________ #trading #tradelocker #forex #crypto #stockmarket

TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter. ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️ https://www.tradezella.com/?via=riz ⬇️Use Code “WOR” for 20% off your yearly subscription ⬇️ https://www.tradezella.com/?via=riz __________________________________________ The #1 Prop Firm In The Entire Industry Alpha Capital. They have their own broker, their own technology, actual institutional experience and the best community in the prop firm industry. They also still support the best trading platform for all Traders with MT5! 👀 Use Code "Riz" for 20% OFF ALL Challenges. 👉 https://app.alphacapitalgroup.uk/signup/RIZ 👈 __________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdom Riz’s Twitter: https://twitter.com/wordsof_rizdom __________________________________________ 🔴 Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom __________________________________________ I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽 SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽 __________________________________________ Timestamps: __________________________________________ DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only __________________________________________ #trading #tradelocker #forex #futures

In this lively discussion, Timothy Sykes, a renowned day trader and penny stock expert, shares his inspiring journey from starting with a small investment to making millions. He dives into the challenges of trading, the importance of education, and fostering a disciplined mindset. Sykes highlights the need for self-awareness in trading and the value of teaching others. Listeners are captivated by his personal anecdotes about navigating the harsh realities of the market and learning from losses, while also emphasizing the significance of authenticity in mentorship.

In this episode of the Words of Rizdom Podcast we are joined by Sang Lucci. Sang Lucci is a trading veteran with a vast amount of industry knowledge and experience. Known for being very open with his trading journey showcasing both the wins and losses. He breaks down exactly what it takes to be a trader. TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter. ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️ https://www.tradezella.com/?via=riz ⬇️Use Code “WOR” for 20% off your yearly subscription ⬇️ https://www.tradezella.com/?via=riz __________________________________________ The Best Prop Firm In The Industry Alpha Capital! Use Code "Riz" for 20% OFF ALL Challenges. https://app.alphacapitalgroup.uk/signup/RIZ __________________________________________ Sang Lucci’s Website: https://sanglucci.com/master-course/ Sang Lucci's Instagram: https://www.instagram.com/sanglucci/ Sang Lucci's Twitter: https://twitter.com/@sanglucci Sang Lucci's Youtube: https://youtube.com/sanglucci Riz’s Instagram: https://instagram.com/wordsofrizdom Riz’s Twitter: https://twitter.com/wordsof_rizdom 🔴 Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽 SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽 Timestamps: DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only #trading #forextrading #optionstrading #futurestrading

In this episode of the Words of Rizdom Podcast we are joined by Fair Value God (Zach Smith). Zach is primarily a Futures Trader that saw an opportunity for greater success after taking the leap from Options. In this podcast we discuss developing your trading strategy and psychology, the importance of self-analysis and building good habits, and the importance of creating authentic content. TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter. ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️ https://www.tradezella.com/?via=riz ⬇️Use Code “WOR” for 20% off your yearly subscription ⬇️ https://www.tradezella.com/?via=riz __________________________________________ The Best Prop Firm In The Industry Alpha Capital! Use Code "Riz" for 20% OFF ALL Challenges. https://app.alphacapitalgroup.uk/signup/RIZ __________________________________________ __ Fair Value God's Instagram: https://www.instagram.com/fairvaluegod/ Fair Value God's Twitter: https://twitter.com/FairValueGod Fair Value God's Youtube: https://youtube.com/@FairValueGod Riz’s Instagram: https://instagram.com/wordsofrizdom Riz’s Twitter: https://twitter.com/wordsof_rizdom 🔴 Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽 SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽 Timestamps: 0:00 - Introduction 2:10 - Where did fair value god come from? 5:05 - Importance of networking in trading 6:04 - Switching to Futures 11:55 - Getting comfortable with being uncomfortable 13:21 - Efficiency, high value & success 17:20 - Proof of concept 20:08 - Why switch to Futures Trading? 22:52 - Why did Zach choose ICT? 29:53 - How ICT’s concepts elevated Zach’s trading 32:34 - How to avoid overtrading 35:05 - Zach’s hobbies and past times 39:06 - Zach favoured Risk/Reward 41:04 - Chasing perfection 42:58 - Accumulating capital 50:14 - Scaling capital 56:52 - Zach’s goals with trading 59:40 - Growing your account or withdrawing? 1:01:15 - Zach biggest and best trade 1:05:30 - What ICT traders are doing wrong 1:07:30 - Zach’s one lesson for all traders 1:08:54 - Advice on Journaling 1:10:3 - Final words of advice from Zach 1:12:44 - Fair Value Gaps deep dive 1:14:32 - Plans for the future DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only #trading #forextrading #innercircletrader #futurestrading

In this episode of the Words of Rizdom Podcast we are joined by Usman Ashraf. Usman is an elite trader that has made millions trading options. Having transitioned from med school, he spent years refining his strategy and managed to become consistently profitable achieving six figures months on a regular basis. The biggest trade he's ever closed was over $380,000 in profit on Amazon! In this podcast we discuss building confidence, real estate, the importance of financial foundations and so much more! I hope you guys enjoy the episode! __ TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter. ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️ https://www.tradezella.com/?via=riz ⬇️Use Code “WOR” for 20% off your yearly subscription ⬇️ https://www.tradezella.com/?via=riz __________________________________________ The Best Prop Firm In The Industry Alpha Capital! Use Code "Riz" for 20% OFF ALL Challenges. https://app.alphacapitalgroup.uk/signup/RIZ __________________________________________ Usman's Instagram: https://www.instagram.com/usman.ashraff/ Usman's Twitter: https://x.com/usmanashraff Riz’s Instagram: https://instagram.com/wordsofrizdom Riz’s Twitter: https://twitter.com/wordsof_rizdom 🔴 Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽 SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽 Feel free to get in touch with the details below. Where to find me: https://linktr.ee/wordsofrizdom Twitter: @Wordsof_Rizdom - https://twitter.com/wordsof_rizdom Instagram: @wordsofrizdom - https://instagram.com/wordsofrizdom Email: riz@wordsofrizdom.com Timestamps: DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only #trading #forextrading #optionstrading #daytrading

In this episode we are joined by Trader Mayne and incredible cryptocurrency invested and trader! Having been in the crypto markets for many cycles and learning from both the highs and lows. An incredible ICT concepts trader who as personally interviewed ICT himself and ICT also says to follow Trader Mayne for crypto. Mayne shares all the Crypto Alpha you need to trade and invest into crypto! __ TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter. ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️ https://www.tradezella.com/?via=riz ⬇️Use Code “WOR” for 20% off your yearly subscription ⬇️ https://www.tradezella.com/?via=riz __ The Best Prop Firm In The Industry Alpha Capital! Use Code "Riz" for 20% OFF ALL Challenges. https://app.alphacapitalgroup.uk/signup/RIZ __ Trader Mayne's Instagram: https://www.instagram.com/tradermayne Trader Mayne's Twitter: https://x.com/tradermayne Riz’s Instagram: https://instagram.com/wordsofrizdom Riz’s Twitter: https://twitter.com/wordsof_rizdom 🔴 Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽 SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽 Feel free to get in touch with the details below. Where to find me: https://linktr.ee/wordsofrizdom Twitter: @Wordsof_Rizdom - https://twitter.com/wordsof_rizdom Instagram: @wordsofrizdom - https://instagram.com/wordsofrizdom Email: riz@wordsofrizdom.com Timestamps: 0:00 - Introduction 1:32 - How Trader Mayne became successful 5:16 - Does ICT’s concepts apply to crypto? 7:33 - Overcoming major losses 10:14 - The journey to becoming profitable 12:59 - Do perfect traders exist? 15:05 - FOMO & emotional swings 18:41 - Avoiding drawdown 21:47 - Going back to the drawing board 25:42 - Importance of self talk 30:26 - Realistic vision for success 35:04 - Scalability in crypto 45:58 - Being your own boss 51:35 - Live vs Demo - The differences 57:01 - Staying alert when trading late 1:02:34 - Signs of a bull market 1:07:55 - Bitcoin going to zero? 1:11:43 - Volatility of Altcoins 1:18:59 - Catching the bottom 1:21:52 - Quick fire questions DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only #trading #forextrading #crypto #bitcoin #cryptocurrency

In this episode of The Words of Rizdom Podcast we are joined by Pasquale Jungwirth. Pasquale has over 15 years of trading experience and is one of the most decorated guests ever featured on the Words of Rizdom podcast. His aggressive trading strategy has allowed him to make over $2.5 Million in prop firm payouts and is regarded by many as "The best prop firm trader in the world". In this podcast we deep dive into the inner workings of prop firms, the importance of understanding liquidity and execution and the broker side of trading. I'll go as far to say that this is the best podcast I've filmed so far on this channel! You don't want to miss this one! __ TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter. ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️ https://www.tradezella.com/?via=riz ⬇️Use Code “WOR” for 20% off your yearly subscription ⬇️ https://www.tradezella.com/?via=riz __________________________________________ The Best Prop Firm In The Industry Alpha Capital! Use Code "Riz" for 20% OFF ALL Challenges. https://app.alphacapitalgroup.uk/signup/RIZ __________________________________________ Pasquale Instagram: https://www.instagram.com/pasquale_m_j Pasquale Twitter: https://x.com/pasquale_m_j Riz’s Instagram: https://instagram.com/wordsofrizdom Riz’s Twitter: https://twitter.com/wordsof_rizdom 🔴 Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽 SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽 Feel free to get in touch with the details below. Where to find me: https://linktr.ee/wordsofrizdom Twitter: @Wordsof_Rizdom - https://twitter.com/wordsof_rizdom Instagram: @wordsofrizdom - https://instagram.com/wordsofrizdom Email: riz@wordsofrizdom.com Timestamps: DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only #trading #forextrading #propfirms #swingtrading