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

An episode of [Words of Rizdom - Trading Podcast](https://invisiblenetwork.ai/podcast/1780241706), 12 Mar 2025, 2 h 30 min.

Audio: https://traffic.megaphone.fm/APO5505483656.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. ____________________________________ 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.

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