On this episode of the Words of Rizdom podcast we are joined by J Dunn, Rake Trades, Usman Ashraf & Carmine Rosato. In this 2 hour roundtable we are given a masterclass on Options & Futures Trading. We weigh up to pros and cons to both and debate topics multiple topics covering how to handle drawdown, finding your edge, psychology, supercars and so much more! I hope you enjoy this one!
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TradeZella:
Use Code “RIZ10” for 10% off your subscription or Code “WOR” for 20% off your yearly subscription 👉 https://bit.ly/TradeZellaWOR
Alpha Capital:
Use Code “RIZ25” for 25% OFF ALL Challenges 👉 https://bit.ly/AlphaCapitalWOR
Alpha Futures:
Use Code “RIZ” for 20% OFF ALL Challenges 👉 https://bit.ly/AlphaFuturesWOR
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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. Always carry out your own research and seek professional advice before making decisions based on the content shared.
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Guest’s Socials:
https://www.instagram.com/carminerosato
https://www.instagram.com/usman.ashraff
https://www.instagram.com/jduntrades
https://www.instagram.com/raketrades/
Youtube
https://youtube.com/@carmine_rosato
https://youtube.com/@usmanashraf
https://youtube.com/@raketradesllc
https://youtube.com/@fundedfuturesfamily
X (Twitter)
https://x.com/carminerosato_
https://x.com/usmanashraff
https://x.com/jduntrades
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Riz’s Instagram: https://instagram.com/wordsofrizdom
Riz’s Twitter: https://twitter.com/wordsof_rizdom
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I hope you all enjoy this episode, let me know who you’d like to see on the podcast. 🙏🏽
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Timestamps::
00:00:00 – Intro
00:07:02 – The Foundation to Trading
00:13:50 – The Importance of Having Reasonable Expectations
00:20:54 – Being Vocal about Trading Issues
00:27:50 – The Importance of Accountability and Risk Management
00:34:45 – Finding Your Own Trading Strategy
00:41:42 – Getting in the Right Head Space for Trading
00:49:00 – The Dangers of Setting Profit Targets
00:55:36 – The Value of Time
01:02:50 – Adaptability in Trading
01:09:36 – Adapting to the Markets and the Pitfalls of Following Signals
01:16:38 – The Unrealistic Expectation of Making Money from Trading Signals
01:23:27 – Focusing on Copying Trades
01:30:30 – Dealing with Drawdown in Trading
01:37:41 – The Effects of Drawdown While Traveling
01:44:39 – Embracing the Suck
01:51:49 – Drive and Overcoming Haters
01:58:48 – The Importance of Regular Withdrawals and Self-Control in Trading
02:05:43 – Pursuing Your Passion Despite Others’ Disapproval
02:12:30 – The Importance of Holding Winners
02:19:49 – Conclusion
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DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only
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#trading #forex #forextrading #options #futures #futurestrading #daytrading #podcast
23 Comments
this is the best round table no doubt !!
Haven't taken all these traders courses, but have tried Jdun and Rake, and I would say if you can only get one, get Rakes. His system is really good and it has its "levels" system.
J Dunn is a major league cornball player
I don’t know these guys. I do now, but I had no fucking clue who they were. But if they are successful and charge for a service then Im just wondering who would question that? Nothings free or has ever been. Expect the mints at your Mexican restaurant down the street. But these guys know they have something valuable. Sell that shit! And if you pay for it? Good for you. Your tired of being a looser doing something about it finally 👍
Honestly paying for there courses makes sense. It’s not about money it’s the time, and I understand time.
I fuck raketrades heavy but I never understood why Aristotle is left out of these conversations. He’s an amazing trader as well.
Isn’t it a contradiction to say signals don’t work but they have signal groups
I’ve got over 10 years of experience trading. And this videos hard to watch. These sound like good marketers. Not good traders.
Personally, this podcast was very rewarding & filled with gems, but If you read the comments, you will find an interesting fact of people GET what they FOCUS ON.
Some are annoyed bc they are likely to be unprofitable, so they look for ways to express their anger by saying they are promoting their business or whatever.
In contrast, I came with the idea of learning the way they scale in/out of trades, and guess what, that’s what I found on this podcast.
Remember, you GET what you FOCUS ON.
Whoever is dude far left. Solid mindset
Dammmn the trading Avengers!!! Avengers Assemble!!…
How did I barely find this!
41:30 Carmine- “Thats your edge isnt it” had me weak😂😂🤣
Key take away here: take advise from all good trader and create your own plan. I don’t think Jeff Bezos ever asked Steve Jobs how to do business….
u can get 25 to 50 r on futures if you use a 40 tick stoploss
So I paid and took both Jdun’s course and Carmines and let me say. Jduns was absolutely terrible. He is not good at it. He seems to be reading off a script and it was overall just terrible. Carmines was great. Learned more from his course than anyone else’s combined. I truly don’t think Jdun is a profitable trader. Just my two cents.
Carmine +100.
The rest need to be on a late night infomercial.
36
The drawdown part 😢
I’m grateful guys
Jake is criminally misunderstood 😂
Hey Riz, can you do a poddy with Mambafx. I started following him at the start and feel like he'll be a good addition.
Carmine the only real one on here. Dude shows his statement every month … Mic drop on the rest of these gurus.😅
SUBSCRIBE NOW! Like this video, comment below who you’d like to see next, and turn on notifications to never miss a new video, as we post new episodes weekly!
______________________________________
Free Telegram Community!
👉🏼
https://t.me/pocketsofrizdom
______________________________________
TradeZella:
Use Code “RIZ10” for 10% off your subscription or Code “WOR” for 20% off your yearly subscription
👉🏼
https://bit.ly/TradeZellaWOR
Alpha Capital:
Use Code "RIZ25" for 25% OFF ALL Challenges
👉🏼
https://bit.ly/AlphaCapitalWOR
Alpha Futures:
Use Code "RIZ" for 20% OFF ALL Challenges
👉🏼
https://bit.ly/AlphaFuturesWOR