Why This 28-Year Trader Says "I Don't Lose Money, I Spend It" (Position Sizing Secret)

A CME floor trader made millions, lost it all driving Uber, then rebuilt from scratch — his warning about the 85% crash ahead will shock you. Matt Kenah traded the NASDAQ pit during the tech bubble, survived the Great Recession, lost $2M overnight when MF Global collapsed, and started over trading one-lots from his father's house. Now he's warning that the biggest asset bubble in history is about to break. In this raw conversation, he reveals why knowing your exit matters more than your entry, how unresolved trauma destroys trading accounts, and the exact position sizing strategy that saved his career after multiple wipeouts.Timestamps: 00:00 - Intro 05:00 - NASDAQ pit floor energy 08:00 - Market maker to taker 10:00 - Floor to screen struggle 15:00 - Expenses not losses mindset 20:00 - Position sizing strategy revealed 25:00 - Making generational wealth story 30:00 - MF Global $2M wipeout 35:00 - Driving Uber rebuilding phase 40:00 - Daily routine for discipline 45:00 - 85% market crash warning 50:00 - Specific S&P levels to watch 55:00 - FOMO to JOMO philosophy#futurestrading #daytrading #stockmarketcrashHow to Reach Matt: 🐦 X (Twitter): @paxtrader777 🎥 YouTube: @ThePaxGroup 🌐 Website: https://thepaxgroup.org 📧 Email: [email protected] The Trading Battle: 🐦 X (Twitter): https://twitter.com/ttb_live 📸 Instagram: https://www.instagram.com/thetradingbattle/ 🎥 YouTube: https://www.youtube.com/thetradingbattleThe Trading Battle — Where Traders Learn, Compete & WinJoin thousands of traders who've discovered their new favorite trading education channel. The Trading Battle combines live trading competitions with expert education, giving you the strategies and confidence to succeed in any market. 🎯 Live Trading Battles — Watch pros compete with real strategies 📚 Weekly Masterclasses — Learn from trading legends 🌍 Global Market Coverage — Forex, crypto, stocks, commodities, indices 🏆 Proven Track Record — Strategies from profitable traders 🎥 Entertainment Value — Education that keeps you engagedLearn from the Best: Our guests include trading legends like Token Metrics, Mark Minervini, Nick Leeson, Rob Booker, Nick Syiek (TraderNick), Tom Basso, Steve Goldstein, Akil Stokes, Nick Pulver, Jason Sen, Sreve Ruffley, Harry Daniels, and many more elite traders...Subscribe now and join the trading community that's changing the game — one battle at a time.Disclaimer: Please note, we do not provide financial product advice. Any views or opinions expressed by participants (guests, hosts and battlers) are for general entertainment purposes and do not reflect the views of The Trading Battle.