# Steven Dux - Trading $27,000 to Over $50 MILLION

An episode of [Words of Rizdom - Trading Podcast](https://invisiblenetwork.ai/podcast/1780241706), 1 Jul 2025, 1 h 40 min.

Audio: https://traffic.megaphone.fm/APO4768043761.mp3

If you enjoy these conversations, please follow the podcast and leave a rating on Spotify. It helps us reach more traders and continue bringing you the best guests in the industry. ____________________________________ SUBSCRIBE NOW & Like this video to help us continue to bring the best verified traders in the world. turn on notifications to never miss a new video, we post new episodes EVERY Thursday 3pm GMT/ 10am EST with verified traders. ____________________________________ Join the Market Journal community for weekly direct market insights for FREE 👉 https://www.market-journal.com Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://link.alpha-futures.com/k9V5Az Use the Best Trading Journal Use Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://refer.tradezella.com/riz Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://link.alphacapitalgroup.uk/eq7m8X Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom ____________________________________ Connect with our guests: https://stevendux.lpages.co https://www.instagram.com/stevendux_1994 https://x.com/steven1_994 Verified Track Record: https://kinfo.com/portfolio/11253/performance ____________________________________ On this episode of the Words of Rizdom podcast we are joined by Steven Dux. Steven is a verified 8 figure trader and is regarded as one of the most successful retail traders in the world. He left China to seek opportunity in the US and learned to trade within just 6 months at the age of 22. His trading career started with just $27,000 and has now grown it to well over $50 Million+. Incredible is an understatement. He also holds the record for the highest P&L in a single day in 2022 at over $6 Million. Steven is a true giant in the space and every trader can take something away from this podcast. I hope you guys enjoy this episode! ____________________________________ Connect with Words of Rizdom: https://instagram.com/wordsofrizdom https://x.com/wordsofrizdom https://www.instagram.com/realriziqbal ___________________________________ Timestamps: 00:00:00 $27,000 to $50 Million+: The Steven Dux Success Story 00:06:28 Overcoming Emotional Challenges in Trading 00:18:40 Psychological Strategies in Trading 00:24:46 Understanding Market Caps and Stock Trends 00:30:42 Criteria for Selecting Trades 00:37:27 Improving as a Trader: Lessons Learned 00:43:50 The Importance of Sticking to Your Trading Plan 01:02:18 Maximising Retail Trading Limits 01:08:40 Key Factors in Trading Volume and Patterns 01:14:38 Trading Strategies and Market Timing 01:27:16 Understanding Year-on-Year Growth 01:34:10 Entry Criteria in Trading: Trusting Your Instincts 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.

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