Retail Capital: The Day He Lost $80,000

Retail Capital returns to the shop to talk about his recent road trip in the United States and his extended stay in France, before discussing his new project, Trade with Retail. After that, RC shares the story of the day he lost $80,000 and how it changed his approach to risk management. He discusses the balance between manual trading and algorithmic trading and the importance of journaling in his trading journey.In this conversation, Retail Capital and Kyle discuss various aspects of trading, the struggle with patience, improving trading setups through analysis, goals for the year, and developing a bulletproof trading framework.Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at [email protected] or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at [email protected] Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About Retail Capital:Retail started trading a decade ago and has blown accounts while having a lot of fun, pain, and tears along the way. In 2022, he turned pro, a decision that has been the best choice he has ever made. He recognizes that he is far from being the greatest trader out there, but he loves what does and works every day towards becoming one of the best scalpers. Retail also has a passion for programming and he develops algos that trade live with real $. He mostly trade $NQ and $BTC (more recently).Links:Retail Capital SubstackTrade with Retail - PodcastFollow Retail on TwitterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy