Thank you for sharing your story and success. Forever grateful for all the information and education you give for free... it definitely helps and makes me want to get in the discord. I can't wait to join the community and not have to worry about the money aspect.
What great insight and honesty! Thank you for taking the time to do this interview, and thank you to Riz for continuing to bringing on the best minds in the industry !
Im kinda tired of vids with younger traders "i was homeless living in my moms basement". So i really enjoying those with older generation, that has really some serious value to teach you. Thanks! That was great interview.
I LOVE what he said about how trading is so easy to get into but very difficult to continue cause it resonates with me so much. My expectations were so high when I got on this journey, I thought I was going to be a millionaire in 3 weeks and 3 years after I’m still on it lol. Through the course of these years I have reached the “rock bottom“ and I have learnt my lessons. Since late last year, I have been performing excellently on my paper trading account after putting in so much work. Trading is indeed difficult and more difficult if you’re not passionate about it. Thanks Riz for another wonderful episode, we love you💪
Lol. I'd say keep trying, but don't feel like you have to keep trying because you have invested time and money in the past. I'm still obsessed with trading. But one day, I may decide to give it up. Currently seem to be making great progress. Hope it's not luck.
@elfakia94 it'd better than trading with real money. You are almost guaranteed to lose right away, or win, and think you know what your doing until you lose it. You do have to practice with real money eventually though. I think it's best to start small, and slowly increase capital. Otherwise the emotions will likely make you trade Luke an idiot.
The golden handcuffs, I totally relate as a 23 year old working in Finance making about 6 figures a year but wanting to purse trading full time. Was awesome hearing Z’s full story, true wisdom.
The concept he talked about you giving someone else money to take their significant other out to dinner or something like that with your money really hit home in terms of making stupid trades that aren't even based on your strategy and are emotion driven very cool episode!
4:00 Finance degree in 2001 6:00 Trading while traveling 7:50 Day vs swing trading options 17:50 Trading is NOT for the faint of heart 23:00 Valley of despair 25:30 Motorcycle accident; using settlement money to trade 31:00 We are NOT hardwired for trading 41:30 35:40 Trading is binary 45:00 *43 years young; CA native* 50:00 Golden handcuffs 58:30 *Backtesting is a must* 1:00:40 100k account for day trading; 1M account for options selling; another account for investing 1:07:00 Position sizing
I DO REALLY ADMIRE HOW RIZ DOES HIS PODCAST, HE IS SO ATTENTIVE AND JUST LISTENING NOT REALLY ENTERUPTING, AND BY THAT, WE LEARN SO MUCH VALUABLE INFORMATION. 💯💯💯💯🏆🏆
Travelling Trader….This man is a not so hidden secret anymore. Solid principles and very transparent messaging. He is not looking to teach you how to get rich quick. He provides the tools to help you become the type of trader who wins consistently. Potentially giving you opportunity to take control of your life! Awesome!
Ok, so I had to jump back on here. This video not only had provided me with hidden gems(it is now in my “watch daily” playlist). But it led me to ICT. This is like Christmas. Thank you both.
He is 43 and started trading in 2008 it means he was about 28 when he started and i am 31 i have started last year. Before hearing it i always thinks i got here too late. But now i gained confidence. Thanks Riz you are awesome.
Great! Understanding the psychology of trading and practicing effective risk management are crucial aspects. Key takeaways often include staying disciplined, managing emotions, setting realistic goals, and using risk-reward ratios to protect your capital❤
Can't wait to watch this video and extract all the wisdom and knowledge. God bless you guys... I have been learning and studying the markets for 3 years, still a little ways to go but I will not stop until I reach time freedom for my wife, kids, and myself, and also retire the man and woman who raised me and lead me to The Lord.... I am forever grateful for all the people who have poured into me and my family.
I am so happy I understand what Z is talking about with the options, have been studying it for past 6 months. Now papertrading on Interactive brokers ❤
What can be taken from this podcast is the importance of adapting and continuous learning in the trading journey. Controlling emotions to perfecting strategy, discipline and developing an approach to the market takes time. This podcast reminds us that the path to trading mastery begins with dedication, perseverance, and a commitment to growth.
So excited for this! Been following Z for several years now and I'm part of his discord. So knowledgeable, professional and always helpful. Z really is on another level. Thanks for sharing this! -IzProfits
Love your story! Honesty makes a good teacher. Thank you for sharing your lows. Glad I picked a trader with a degree in finance, so relevant to trading.
When I first listened the trading the first thing come in my mind is really anyone can earn money from trading But after watching this channel I believed that yes one can earn money by doing trading Thanks for giving the confidence and appreciate your great work
Watching Z in action in the live trading group sessions really helped me get over that hurdle from learning to understanding - definitely happy I found this group! Great Interview!
Great interview! Z is the real deal and I‘ve learned a lot from his content over the years. When he mentioned the woman who said she learned in 2 days..:I had the same reaction when I saw her say that. This is work, it does take time, investment, and study - it’s worth it.
Working very hard at building my trading plan. Doing back testing shows me how my set ups works and can be improved, I analyse all the data. The fun thing about this is that I'm getting confirmations from the Words of Rizdom podcasts. At first when I started watching the podcasts it was more inspirational than I started to understand the content and at the current stage I can actually implement it. Love the podcast and really appreciate the podcast skills from Riz and already looking forward for the next one!
WORDS OF 'RIZDOM' TO THE WORLD. There is no better trading podcast/live trading webinar than here. The world, Africa, West Africa, Ghana loves you dearly for such a selfless job you and your team are doing RIZ. As long as I've subscribed to your channel, I strongly know #IWillWinMaybeNotImmediatelyButDefinitely 🔥🔥⚡
It's amazing how much hate ICT gets from some people, there's even videos trying to expose him, yet you have so many traders who are successful and they use ICT trading models. ICT is the only study material I watch. Once again, great podcast!
Thank you Z! I've been following you since i started trading tho I rarely trade now but i always watch you. My 10 y/o son is getting interested with this stock market 😅 all because of you. Hes learning by just listening whenever i watch you.😊
There was so much I didn’t know about trading before starting to watch Zs video and so much more I realized I didn’t know after joining his group. There’s so much value in information and even more value and how the group talks about applying it within certain parameters and risk managment. Trading is not easy and it takes a ton of work but thanks to information like this, I know what steps to take to continue growing. No get rich quick over here, building a lifelong skill.
WORDS OF 'RIZDOM' TO THE WORLD. There is no better trading podcast/live trading webinar than here. The world, Africa, West Africa, Ghana loves you dearly for such a selfless job you and your team are doing RIZ. As long as I've subscribed to your channel, I strongly know #IWillWinMaybeNotImmediatelyButDefinitely
Great Understanding the psychology of trading and practicing effective risk management are crucial aspects. Key take away often include stay disciplined, managing emotions, setting realistic goals, and using risk reward ratio to protect your capital
I learned from this episode: backtesting allows you to assess the viability of a trading strategy using historical data. Benefits include gaining insights into strategy performance, understanding potential risks, and refining your approach. It helps you make more informed decisions, refine your strategies
Really love ur podcast riz, its awesome how every we get to see one the best traders and learn how they trade and how they control their emotions . Keep growing best of luck man
I am half in the video. I am really enjoying it , something new I have learned is , options trading. Coz I only have knowledge of forex Market. Another lesson I got is, one trading is possibly hard . And whoever says, trading is easy, is lying. I take time to master something You are doing amazing work Riz ❤
Best episode all time #wordofrizdom gives us a lot of learning contents.good lesson today i learn trading is not learn in 30 mint its 3 to 4 year game.every time market play with your emotion,greed,fomo.and not a copy paste every one have a different emotion and physiology.trading is business.
Loving the trading itself is the fuel that helps boost the journey. Definitely not easy but the process is worth it for sure! The small achievements is very fulfilling.
The game changer in trading comes down to discipline, self discipline & solid trading plan will make you consistent with time , if you lack these elements, even though you're trading smc , ICT and etc... You can never be consistent! Nice content by the way 👍🏽
Very interesting podcast guys. You are right that trading is a very difficult endeavor. But it is learnable and being guided by guys like you is definitely a must.
Since trading itself is a journey, trading and travelling is something that will require extra discipline and of course passion to remain successful in . I'm really enjoying the podcast
I’ve been trading for about 10 years and I still am not profitable but I keep going. I’ll never give up. Why? Because I have a passion for it. I love it.
I loved this podcast. Very true what he is saying. All about putting in the time with focusing on the right principles to make money in this industry. Never give up!
Traveling trader..love that quote.its so true you have to have a passion only then will you be interested in actually trading... controlling emotions are so important journaling is so important too relating to trading... It's so good to know that your emotions definitely affect your trades..m revenge trading is the worst.....great video as always....nice to see humble people coming upwards
I find every time I sit down to watch your podcasts riz They happen for a reason to where I am in my journey as seems to give me so much value to what’s happening to me right now Crazy 😉👏🏻👏🏻👏🏻👏🏻
WOR have come a veryyy longgg wayyy. Wow. I have been watching some of your vids when you almost just started doing podcasts. Until you released your propfirm with paladin and omar. To then now i just did a prop challenge just this 1st week of january. Won some lost it. But like what is always tackled on your podcasts. Its a marathon not a sprint. Learned a loot from you guys. Thank you. And may you never get tired of giving free gems to us, your viewers. May God bless you more. ❤👊 Thank you
The traveling trader AKA Z, very inspiring, and some of the things I faced in my life in the trading journey as he faced. I love Z as a person very down-to-earth.
Great interview! I appreciated Z's honest take on trading and the importance on getting your head on straight to deal with the mental aspects. The only thing I'm wondering now is.. why Jesse Livermore?
Excited to tune in! From everything I learned from SFT videos, words of rizdom, YarimiUniversity, Omar & Paladin. Being a successful trader is a journey that requires patience, discipline, & a bigger perspective goal & not a get rich quick scheme. Im here for the gems like always❤ #SFTJANUARY
The statement "Anyone who tells you trading is easy is completely a liar" reflects the widely acknowledged view that trading in financial markets is a challenging and complex endeavor. This perspective is rooted in the fact that trading involves a multitude of variables, uncertainties, and risks that make consistent success difficult to achieve.
