Words of Rizdom - Trading Podcast Kimmel Trading: Trading Prop Firms Is Easy With This SIMPLE Strategy | WOR Podcast - EP.138
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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!
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Guest's Socials:
Youtube: https://www.youtube.com/kimmeltrading
The Simple Trading Edge: https://join.thesimpletradingedge.com/simple-trader
Instagram: https://www.instagram.com/kimmeltrading
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Riz’s Instagram: https://instagram.com/wordsofrizdom
Riz’s Twitter: https://x.com/wordsofrizdom
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Timestamps:
00:00:00 Introduction to Kimmel Trading
00:08:37 Market Challenges and Liquidity Issues
00:16:47 Why Futures Firms Are Popular
00:25:22 The Importance of Having an Edge in Trading
00:33:05 The Role of Prop Firms
00:41:14 Prop Firm Withdrawals and Strategies
00:49:44 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 Beginners
01:22:22 Key Strategies for High Success Trading Students
01:31:06 Mastering Emotional Trading: Key Tips
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Disclaimer:
The content on Words of Rizdom is for informational and educational purposes only and should not be considered financial, investment or trading advice. I am not a licensed financial advisor, and the strategies, opinions, and commentary shared are based on personal experience of the respective guests. We are not personally affiliated with any of the guests featured in our episodes. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom.