Words of Rizdom - Trading Podcast

#1 Prop Firm Scalper: The ICT Trader Who Made $2.5+ Million With A 40% Win Rate

Words of Rizdom - Trading Podcast

Show Notes

FREE Trading Education - Chart Academy: https://www.chartacademy.com/ 50% OFF Alpha Futures (Code: RIZ): https://app.alpha-futures.com/RIZ 40% OFF Alpha Capital Group (Code: RIZ): https://link.alphacapitalgroup.uk/eq7m8X

On this episode of Words of Rizdom, we sit down with Candace Lau, a futures trader with over $2.5M in prop firm payouts, including a record $1.1M payout. We discuss her journey from losing $80,000 in one trade to becoming one of the biggest prop firm traders, as well as ICT, psychology, risk management, scaling accounts and the reality behind her success. ━━━━━━━━━━━━━━ 30% OFF Deepcharts (Code: CF): https://my.deepcharts.com/redirect/pricing?affId=CF TradeZella (Code: RIZ10 for 10% OFF Monthly or WOR for 20% OFF Yearly): https://refer.tradezella.com/riz BEST Deals on all Prop Firms: https://propfirmtrader.com/ FREE Market Journal Newsletter: https://www.market-journal.com Download This Playbook: https://www.chartfanatics.com Chart Fanatics Live: https://www.youtube.com/@UCX_i3RYV42hbLnBQsmO0-lg 🚀

Join Our FREE Trading Community Discord: https://discord.gg/chartfanatics/ Telegram: https://t.me/pocketsofrizdom ━━━━━━━━━━━━━━ 🎙 Guests: https://www.youtube.com/@Candy.TheTrader https://twitter.com/CandyTheTrader https://www.instagram.com/candythetrader3 🎙 Host: Words of Rizdom https://youtube.com/@wordsofrizdom https://instagram.com/wordsofrizdom https://twitter.com/wordsofrizdom https://www.instagram.com/realriziqbal ━━━━━━━━━━━━━━ Timestamps: 00:00 - Introduction - Candace Lau 01:55 - Losing $80,000 In A Single Trade 06:11 - Transitioning From Personal Capital To Prop Firms 13:06 - Discovering ICT & Learning Trading Psychology 18:28 - Backtesting ICT Concepts & Building A Trading Model 21:38 - Becoming Consistent & Scaling To A $1.1M Payout 30:49 - Planning & Executing The $1.1M Apex Payout 36:47 - Daily Trading Targets, Win Rate & Risk Management 42:53 - Daily Loss Limits vs Trade Limits 46:13 - Receiving A Record $1.1M Prop Firm Payout 52:27 - The True Cost Of $2.5M In Prop Firm Payouts 1:05:27 - Trading Personal Capital vs Prop Firms 1:13:35 - Long-Term Trading Goals & Investing Profits 1:32:40 - Scalping vs Swing Trading & Lower Timeframes 1:37:39 - Trading Journals, Data & Building Confidence 1:43:00 - Matching Trading Rules To Your Personality ━━━━━━━━━━━━━━ 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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