Podcasts · Words of Rizdom - Trading Podcast
Canada's #1 Youngest 7 Figure Day Trader - Scarface Trades
· 1 h 22 min
Episode Canada's #1 Youngest 7 Figure Day Trader - Scarface Trades
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Connect with our guests:
https://youtube.com/@ScarfaceTrades
https://www.instagram.com/scarfacetrades_
https://x.com/scarfacetrades_
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On this episode of the Words of Rizdom podcast we are joined by Scarface Trades. Scarface is a 23 year old Canadian day trader that has become a phenomenon in the retail trading space. He went from broke and growing up in government housing to becoming an incredibly successful trader. His strategy involves scalping but he quite often enters on the 1 minute timeframe which some traders claim to be almost impossible, Scarface has done it. I hope you guys enjoy this incredible episode!
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Connect with Words of Rizdom:
https://instagram.com/wordsofrizdom
https://x.com/wordsofrizdom
https://www.instagram.com/realriziqbal
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Timestamps:
00:00:00 Introduction To Scarface Trades: Profitable Trading Scalping on Lower Timeframes
00:08:14 Early Trading Success and Downfall
00:12:18 Balancing Career, Education, and Trading
00:16:33 The Importance of a Trading Roadmap
00:24:56 Managing Greed and Fear in Trading
00:32:30 Optimal Trading Times for Maximum Volume
00:36:33 Importance of Candlestick Closures in Trading
00:48:37 Understanding Contract Pricing in Trading
00:52:52 Importance of Verification in Trading
01:04:57 Adapting Trading Strategies to Market Conditions
01:16:50 Successful Risk Management in Trading Strategy
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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.
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