#1 FTMO Trader Exposes Myth About Trading Psychology episode artwork

EPISODE · Nov 16, 2024 · 1H 28M

#1 FTMO Trader Exposes Myth About Trading Psychology

from Words of Rizdom - Trading Podcast · host Riz Iqbal

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.____________________________________Join the Market Journal community for weekly direct market insights for FREE 👉 https://www.market-journal.comUse Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://refer.tradezella.com/rizUse Code "RIZ25" for 25% OFF ALL Challenges 👉 https://bit.ly/AlphaCapitalWOR Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://bit.ly/AlphaFuturesWOR Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom____________________________________SUBSCRIBE NOW, and turn on notifications to never miss a new video, we post new episodes EVERY Thursday with verified traders.____________________________________On this episode of the Words of Rizdom podcast we are joined by Bernd Skorupinski. Bernd has become one of the most decorated and widely recognised faces in the prop firm industry having cemented himself as the #1 FTMO trader in the world and achieving leaderboard status over 120 times. He carries a verified track record ($2M A-Book) and has been trading full time for 11 years. In this podcast we discuss the current state of the prop firm space, his unique strategy to profitability, how to trade prop firms the correct way and he even shares some things he's never disclosed in a podcast or interview ever before. ____________________________________ Connect with Words of Rizdom: https://instagram.com/wordsofrizdomhttps://x.com/wordsofrizdom https://www.instagram.com/realriziqbalConnect with our guest:https://www.instagram.com/bernd_skorupinskihttps://youtube.com/@berndskorupinskiVideo mentioned by Bernd - https://youtu.be/9jGWun_gv28?si=F-69ImD4lYWAr_7B____________________________________ Timestamps:00:00:00 Introduction to Bernd Skorupinski: Record Holder on FTMO00:05:35 Challenges with Starting a Prop Firm 00:11:16 Challenges of Industry Growth and Prop Trading Risks00:17:08 Understanding the Dynamics of Prop Trading Firms 00:22:08 Transition from Stocks to Forex Trading 00:27:32 The Reality of Day Trading and Screen Time 00:32:37 Choosing the Right Trading Plan 00:38:32 Why Trading is Ideal for Busy Parents 00:44:54 Understanding Key Performance Indicators in Trading00:50:56 The Importance of Consistency in Trading 00:55:37 The Challenges of Scaling as a Trader 01:00:51 Importance of Tracking Trading Data 01:06:15 Building Skill and Confidence in Trading 01:12:30 The Importance of Maturity in Trading 01:17:03 Election Cycles and Market Trends 01:23:09 Navigating Difficult Career Moments in Dubai____________________________________ 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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