Words of Rizdom - Trading Podcast

Riz Iqbal
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Sep 6, 2024 • 1h 2min

Nehal: The Exact Steps To Managing 7 Figures In Trading Capital | WOR Podcast EP.126

If you enjoy these conversations, please follow the podcast and leave a rating on Spotify. It helps us reach more traders and continue bringing you the best guests in the industry.____________________________________On this episode of the Words of Rizdom podcast we are joined by Nehal. She is a 7 figure funded trader that went from severe debt to making 5 figures a month consistently in the markets. In this podcast we discuss the importance of being profitable before taking the leap to becoming a full time trader, the attraction of futures trading, the struggles of being a female muslim trader and advice for other female traders out there in a male dominated industry. I hope you guys enjoy this one!__________________________________________Join Our FREE Whop Community! 👉🏽 https://whop.com/words-of-rizdom/Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdomFree 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 the Best Trading Journal Use Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://refer.tradezella.com/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 👈Alpha Capital Has Now Joined The Futures Space With Alpha Futures!⬇️ Use Code "RIZ" for 20% OFF ALL Challenges. ⬇️ 👉 https://app.alpha-futures.com/signup/RIZ/ 👈__________________________________________ Host Your Course/Community On Whop For Peace of Mind and Incredible Growth, Book A Call Using The Link Below 👇 https://calendly.com/ari-whop/whoptradingAlternatively Set Up Your Store Immediately 👇https://dash.whop.com/?a=wordsofrizdomFind The Best Trading Education/Mentors Using Whop, Find Your Community Today! 👇https://whop.com/r/rizdom/__________________________________________ Nehal's Socials:Nehal's Instagram: https://www.instagram.com/nehal.rmNehal's Twitter: https://x.com/nehal_rm1__________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdomRiz’s Twitter: https://x.com/wordsofrizdom __________________________________________ 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 - Introduction00:02:58 - Starting Trading with $100 a Day in Mind00:09:08 - Learning from Failure and Overcoming Challenges00:15:12 - Building Risk Tolerance and a Trading Plan00:21:30 - The Importance of Risk Management in Trading00:30:48 - The Illusion of Freedom in Trading00:33:40 - The Importance of Discipline and Routine in Trading00:39:37 - The Importance of Learning from Market History00:45:37 - Overcoming Barriers in Trading00:51:42 - Discussing Futures Trading00:57:45 - Managing Drawdown and Embracing the Long-Term Game00:57:54 - Strategies, Psychology, and Trading Books__________________________________________ DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only__________________________________________
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Sep 6, 2024 • 1h 16min

Luke Belmar: Bitcoin & Trump 2024, Memecoins & Escaping the Matrix | WOR Podcast EP.125

Join Argentinian investor Luke Belmar as he shares insights from his journey in crypto trading, having made over $20 million since 2016. He discusses the future of Bitcoin and its impact on the upcoming U.S. elections, showcasing how cryptocurrency could reshape politics. Luke dives into the meme coin craze, emphasizing the importance of community over utility. He highlights the evolving digital economy and the necessity for unique skills in the age of AI, as well as strategies for successful investing and wealth creation in this new frontier.
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Aug 14, 2024 • 2h 3min

Paul Scott: 30 Year Institutional Trading Veteran Shares ALL | WOR Podcast | EP.123

If you enjoy these conversations, please follow the podcast and leave a rating on Spotify. It helps us reach more traders and continue bringing you the best guests in the industry.____________________________________On this episode of the Words of Rizdom podcast we are joined by Paul Scott. Paul started out on the London Metal Exchange in 1994 at 16. He got into the business via his father who was a copper trader for 25 years. Paul believes that it's all just one big game, with a set of rules that are passed down from one generation to the next, that historical levels can and will be reached and traded over and over again, that time is of no value and that the value of currencies has nothing to do with the value of real money. Paul shares from his 30 years of experience and industry secrets. Paul's Website: www.paulscottfx.com__________________________________________Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdomFree 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 👈__________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdomRiz’s Twitter: https://x.com/wordsofrizdom __________________________________________ 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 - Introduction00:05:11 - Starting in the Trading Industry00:10:45 - Transition from Trading to Teaching00:16:13 - The Changing Landscape of the Financial Industry00:21:24 - Retail Trading Accessibility00:27:05 - Technical Analysis: A Waste of Time00:32:24 - Predicting Market Movements00:37:26 - Predicting the Market with High Accuracy00:42:50 - The Value of Money and Understanding the Game of Trading00:48:34 - The Importance of Discipline00:54:02 - "Set and Forget" Trading Strategy00:59:42 - The Role of Analysts in Trading01:04:55 - The Importance of Letting the Market Show You Its Hand01:10:11 - Risks of Investing in Crypto.01:15:07 - The Retail Trading Industry and its Problems01:20:28 - The Importance of Fishing for Trades01:25:31 - Becoming the Best Loser on the Planet01:35:20 - Learning from Different Perspectives01:40:35 - Trading Floor Mishap01:46:14 - Misinterpretation and Miscommunication in Trading01:51:41 - Fast-paced and adrenaline-filled environment01:57:08 - Importance of Networking with Other Traders02:02:22 - Outro __________________________________________ 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.
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9 snips
Aug 14, 2024 • 1h 39min

David Hale: This Money Glitch Trading Strategy Has Made Me Millions! | WOR Podcast - EP.124

David Hale, veteran day trader and ex-prop firm owner known for 'glitch trading' and author of Cash Rules. He talks about hunting market inefficiencies, exploiting order-book and auction anomalies, and why crypto attracts glitch hunters. He shares stories of making millions, losing it all, rebuilding discipline, and the role of prop firms, execution, and community in sustained success.
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17 snips
Aug 14, 2024 • 1h 60min

Dr Chris Cathey: Anton Kreil's Mentor & Goldman Sachs Veteran | WOR Podcast - EP.122

Chris Cathey, former Goldman Sachs equities trader and longtime mentor in professional trading. He recounts life on trading floors across London, New York and Frankfurt. He challenges scalping’s long-term viability. He explains how pros generate ideas from macro to sector, how algos changed markets, and why risk control, sizing and process beat flashy shortcuts.
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13 snips
Jul 11, 2024 • 1h 54min

Market Wizards: How to Become a Successful Trader with Jack Schwager | WOR Podcast - EP.121

Jack D. Schwager, author and market researcher behind Market Wizards, shares decades of trader interviews and market wisdom. He recounts his start in commodities, old-school research methods, and the origins of his books. Conversations focus on risk management, intuition and scaling, how edges evolve with popularity, and why matching strategy to personality matters.
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Jul 11, 2024 • 1h 24min

Ben Chaffee: Paying Off $130,000 Debt from Prop Firm Trading | WOR Podcast - EP.119

If you enjoy these conversations, please follow the podcast and leave a rating on Spotify. It helps us reach more traders and continue bringing you the best guests in the industry.____________________________________On this episode of the Words of Rizdom podcast we are joined by Ben Chaffee. He's a 7 figure prop firm trader that left college with over $130,000 in crippling debt. He stepped into trading to pay off this debt and cleared everything from just prop firm trading. Ben is also an entrepreneur and the COO of Alpha Futures, a Alpha Capital Group owned Futures firm. He wants to disrupt the Futures prop firm space and provide traders with all the tools he wished he had when he first started out. I hope you guys enjoy this incredible episode!__________________________________________Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdomFree Trading Plan 👇https://words-of-rizdom.ck.page/0542be7af0 __________________________________________Subscribe To Alpha Futures Youtube Channel:https://youtube.com/@Alpha_Futures__________________________________________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 the Best Trading Journal Use Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://refer.tradezella.com/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. Use Code "RIZ" for 20% OFF ALL Challenges. 👉 https://app.alphacapitalgroup.uk/signup/RIZ 👈__________________________________________Guest's Socials: https://www.instagram.com/benchaffee___________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdomRiz’s Twitter: https://x.com/wordsofrizdom __________________________________________ 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.__________________________________________ 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.
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Jul 11, 2024 • 1h 33min

NBB Trader Part II: This ICT Strategy Will Change Everything! | WOR Podcast - EP.118

If you enjoy these conversations, please follow the podcast and leave a rating on Spotify. It helps us reach more traders and continue bringing you the best guests in the industry.____________________________________On this episode of the Words of Rizdom podcast we are joined by NBB Trader & 5ive Beatz again. In 2023 we released an episode with NBB Trader which went on to become the biggest episode we have ever dropped on the Words of Rizdom channel. Omor's simple but unique trading approach using ICT concepts has made him a huge name in the ICT space. You guys have been asking for over a year to get Omor back on the channel for Part II so here you go!__________________________________________Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdomFree 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 the Best Trading Journal Use Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://refer.tradezella.com/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://x.com/omor214__________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdomRiz’s Twitter: https://x.com/wordsofrizdom __________________________________________ 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 - Intro00:04:28 - Chasing the Wrong Thing00:09:15 - Overemphasis on Technicals00:13:54 - Day Trading Strategies00:18:26 - The Impact of the Community00:22:56 - Mentorship and Commitment00:27:31 - The Impact of Homework on Trading 00:32:01 - The Importance of Confidence in Trading00:42:03 - Slowing Down and Taking Accountability in Trading00:46:26 - Seeking Validation and the Dangers of Ego00:50:53 - The Importance of Journaling00:55:38 - Learning from Younger Mentors01:00:20 - The Importance of Considering Conflicting Arguments in Trading01:04:48 - Importance of Reading the Economic Calendar01:09:39 - Overcoming Mental Barriers in Trading01:14:29 - Long-term Trading Strategies and Capital Growth01:23:54 - Managing Risk and Building Confidence in Trading01:28:19 - Trusting the Patterns in the Market01:32:45 - Takeaways from the Episode__________________________________________ 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.
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Jul 11, 2024 • 1h 7min

5ive Beatz: From Prison to $150,000 in Payouts | WOR Podcast - EP.117

If you enjoy these conversations, please follow the podcast and leave a rating on Spotify. It helps us reach more traders and continue bringing you the best guests in the industry.____________________________________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/pocketsofrizdomFree 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 the Best Trading Journal Use Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://refer.tradezella.com/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/wordsofrizdomRiz’s Twitter: https://x.com/wordsofrizdom __________________________________________ 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 - Intro00:03:34 - From Music to Trading: Finding Independence00:06:59 - Reflecting on Past Choices00:10:20 - Switching to Music00:13:41 - From Hardship to Success in the Music Industry00:16:53 - Working with Travis Scott00:20:03 - Finding a New Path in Trading00:23:28 - The Importance of Mental Strength in Trading00:26:59 - Finding a Legit Mentor00:30:21 - The Journey of Success and Learning Every Day00:33:24 - Taking a Break and Slowing Down in Trading00:36:38 - Learning from Financial Mistakes and Staying Disciplined00:39:48 - Learning from Drawdowns and Humbling Experiences00:42:54 - Overcoming Fear and Taking the Risk00:46:09 - The Importance of Proper Risk Management00:49:24 - Applying the Skill Set to Prop Trading00:52:47 - The importance of trading discipline and simplicity00:56:12 - Proper Risk Management and Data Analysis00:59:48 - The Journey of a Trader01:03:18 - Always a Student, Always Learning__________________________________________ 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.
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Jul 11, 2024 • 2h 41min

Traders Roundtable: Waqar Asim, Bernd Skorupinski, Kimmel Trading, Andrew NFX | WOR Podcast - EP.116

If you enjoy these conversations, please follow the podcast and leave a rating on Spotify. It helps us reach more traders and continue bringing you the best guests in the industry.____________________________________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/pocketsofrizdomFree 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 the Best Trading Journal Use Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://refer.tradezella.com/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/waqarasimhttps://www.instagram.com/bernd_skorupinskihttps://www.instagram.com/kimmeltradinghttps://www.instagram.com/kimmeltrading__________________________________________ Riz’s Instagram: https://instagram.com/wordsofrizdomRiz’s Twitter: https://x.com/wordsofrizdom 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 - Intro00:08:04 - The Challenge of Trading Lower Time Frames00:15:35 - The Psychology of Trading and Using Trade Zella00:23:08 - Modifying Trading Strategies for Prop Firms and Full-Time Jobs00:30:57 - Finding the Right Balance in Trading Strategies00:39:09 - Quality over Quantity in Trading00:46:48 - KPIs and Trading Strategies00:55:09 - Trading Strategies and Risk Management01:03:19.000 - Strategies for Managing Commission and Execution Fees01:11:23 - Factors to Consider in Trading Strategies01:18:52 - The Importance of Fundamentals01:26:32 - The Break of Supply Zones01:35:05 - The Importance of Putting in the Work01:43:41 - The Importance of Being Transparent in Education01:51:01 - The Importance of Live Trading01:58:55 - Financial Stability before Trading02:07:25 - The Feeling of Making the First Profit in Trading02:15:10 - Lessons Learned from Losses and Wins02:23:34 - The Joy of Creating Content on Social Media02:31:01 - The Blessing of YouTube Growth02:40:03 - Wrap Up and Future Round Table Discussions__________________________________________ 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.

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