Podcasts · Words of Rizdom - Trading Podcast

The Easy Money Trading Concept Elite Traders Use - Lance Breitstein

· 2 h 30 min

Episode The Easy Money Trading Concept Elite Traders Use - Lance Breitstein

0:00 2:29:52

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.

____________________________________

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 Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://refer.tradezella.com/riz

Use Code "RIZ25" for 25% OFF ALL Challenges 👉 https://link.alphacapitalgroup.uk/eq7m8X

Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom

____________________________________

Connect with our guest:

https://x.com/theonelanceb

https://www.theonelanceb.com - 100% FREE Course Tier

____________________________________

SUBSCRIBE NOW, and turn on notifications to never miss a new video, we post new episodes EVERY Monday 3pm GMT/ 1pm EST with verified traders.

____________________________________

On this episode of the Words of Rizdom podcast we are joined by Lance Breitstein. Lance is regarded as one of the best traders in the world garnering over 8 figures in verified profits. His 15+ years of experience saw him trade at both Trillium & SMB Capital, two of the world's most renowned prop firms. His aggressive approach to scalp trading has produced some of the best trades ever with his most famous trade generating over 10 figures in volume. In this podcast we discuss his thoughts on the new wave of retail trading prop firms, his controversial take that ICT is a documented fraud and we also nail down exactly what it takes and the key characteristics of an elite & exceptional trader. I hope you guys enjoy this incredible episode!

____________________________________

Connect with Words of Rizdom:

https://instagram.com/wordsofrizdom

https://x.com/wordsofrizdom

https://www.instagram.com/realriziqbal

___________________________________

Timestamps:

00:00:00 Introduction to Lance Breitstein

00:15:25 Navigating Challenges in a Trading Career

00:30:13 Importance of Quality Resources in Trading

00:45:11 The Importance of Environment and Feedback Loops in Trading

01:00:18 The Reality of Funded Trader Programs

01:08:07 The Ethics of Trading: Lessons from the Industry

01:14:55 Finding Trading Edge in Short Time Frames

01:22:23 Mastering Speed and Technique in Trading

01:30:01 Trading Strategies: Recognizing and Avoiding "Garbage" Stocks

01:37:26 Building a Trading Blueprint: Patterns and Principles

01:44:53 Importance of Sustained Work Ethic

02:00:13 Dynamic Risk Sizing in Trading

02:07:39 Developing Rapid Adaptability in Trading

____________________________________

Disclaimer:

The content on Words of Rizdom is for informational and educational purposes only. We are not personally affiliated with any of the guests featured in our episodes. Our role is solely to interview them and share their insights, experiences, and expertise. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom.

The episode on the publisher’s site (opens in a new tab)

Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.