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The Mindset of a Successful Trader: A $1.6m Lesson From Edu Trades
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In this episode, I had the pleasure of speaking with Eduardo, a seasoned trader with a fascinating journey. Eduardo shared his early life growing up in Caracas, Venezuela, and how his initial interest in the stock market was influenced by Wall Street and the adrenaline rush of trading. Despite starting in engineering, Eduardo's passion for finance led him to pursue an MBA and eventually dive into the world of trading.
Edu grew his trading account to $1.6m. In this episode we get some hard truths and great lessons from a trader who started from nothing, saw rock bottom and turned adversity into greatness.
Time Stamps Below
00:00:00 - Introduction and Opening Remarks 00:00:39 - Eduardo's Early Life and Background 00:03:37 - Professional Journey Before Trading 00:05:08 - Discovering a Passion for Trading 00:07:10 - Choosing Stocks Over Other Assets 00:09:41 - Changes in the Small Cap World 00:13:02 - Challenges with Hard-to-Borrow Stocks 00:14:07 - Early Challenges in Trading 00:17:45 - Managing Expectations and Setbacks 00:23:01 - Overcoming Financial Pressure 00:28:05 - Turning Point in 2020 00:33:20 - Learning from Blown Accounts 00:36:50 - Building Mental Capacity to Size Up 00:41:24 - Future of Trading and AI 00:47:52 - Closing Tradition and Final Advice 00:49:09 - Where to Find Eduardo and Upcoming Events
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