The $3M Profitable Trader At 23 Years Old

In episode 471 of the Desire To Trade Podcast, we will be listening to the recording of an interview with the $3M profitable trader at 23 years old, TraderNick. It may sound counterproductive but there’s a good reason why you need to learn the importance of going slow and managing risk, rather than focusing on big gains.

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

• [00:00] Introduction
• [00:49] What’s new with TraderNick
• [02:30] The learning journey in trading
• [03:34] Using fundamental and technical analysis
• [06:29] What to look for when you trade
• [09:49] Navigating conflicting fundamental views
• [12:45] Trailing stop losses and risk management
• [15:21] How did he grow his capital?
• [18:36] The importance of slow and steady returns
• [20:43] Testing and backtesting to find an edge
• [24:10] Surviving drawdown for trading profitability
• [29:17] Profitable trader’s lifestyle
• [30:05] Choosing multiple sources of income
• [31:17] Finding a good trading teacher or mentor
• [33:25] TraderNick’s routine
• [34:37] Connecting with TraderNick
• and much more

What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!

Desire To Trade's Top Resources

• DesireToTRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
• Recommended brokers:
  • EightCap (preferred Crypto and FX Broker)
  • AxiTrader (use our link to get a special bonus)
• Desire To TRADE Academy

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What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

How to find TraderNick

• YouTube: TraderNick
  
• X (Twitter) : @TraderNickfx

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!