#1 FTMO Trader Exposes Myth About Trading Psychology

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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.

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Video mentioned by Bernd -    • My US30 Strategy - 2024 Market Prediction ...  

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Timestamps:

00:00:00 Introduction to Bernd Skorupinski: Record Holder on FTMO
00:05:35 Challenges with Starting a Prop Firm
00:11:16 Challenges of Industry Growth and Prop Trading Risks
00:17:08 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 Trading
00:50:56 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

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Disclaimer:
The content on Words of Rizdom is for informational and educational purposes only and should not be considered financial, investment or trading advice. I am not a licensed financial advisor, and the strategies, opinions, and commentary shared are based on personal experience of the respective guests. We are not personally affiliated with any of the guests featured in our episodes. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom.

Trading and Investing involves risk, and you should always do your own research or consult with a qualified financial professional before making any investment decisions. You are solely responsible for your financial decisions. This channel and its creator are not liable for any loss or damage arising from the use of information presented in videos.
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