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cover of episode How to Be a Successful Trader

How to Be a Successful Trader

2019/2/6
logo of podcast Money For the Rest of Us

Money For the Rest of Us

Shownotes Transcript

#239 Why successful trading of commodities futures, foreign currencies and options depends on exploiting novice traders. Thanks to Molekule) and Sleep Number) for sponsoring this episode.

For show notes and more information on this episode click here).

  • [0:20] Learning how to trade.
  • [4:52] David takes a look at a trading school for himself.
  • [9:15] Red flags in the trade school learning process.
  • [10:32] Common mistakes in managing wealth according to the trade school.
  • [16:29] Is the solution found in only trading and shunning the stock market?
  • [19:48] The patented approach to trading success is based upon taking advantage of inexperienced traders.
  • [25:09] Trading is a zero-sum game.

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