Episode 239
How to Be a Successful Trader
Money For the Rest of Us · Money For the Rest of Us
February 6, 201927m 44s
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Show Notes
#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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Topics
businessinvestingEconomicsInvesting PodcastEconomy