• How to Make Money Trading, NFT Projects, and Gold

  • Jul 30 2024
  • Duración: 48 m
  • Podcast

How to Make Money Trading, NFT Projects, and Gold

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  • Resumen

  • We had on Paul Wiedmaier on the show to talk about how to make money!


    Paul is a very smart engineer but has found a passion in futures trading and is doing well because of it!


    We talk Futures Trading, Psychology of different types of traders, NFT Projects and the Importance of Community.


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    00:00 - Introduction

    01:50 - Understanding Different Trading Strategies: Day Trading, Scalping, and Swing Trading

    02:49 - Psychology of a Trader

    04:10 - The Challenges and Risks of Investing into NFT Projects

    05:50 - Why Trade Futures?

    06:50 - NFT Collection "Crypto DickButts"

    08:20 - My experience with an NFT Project called Alien Frens

    10:22 - The Importance of Communities

    22:33 - What is Futures Trading and What is Your Trading Psychology?

    24:22 - The Advantages of Futures Trading Over Options Trading

    25:40 - IMPORTANT: Understanding Risk Management

    29:02 - Analyzing the Market and Riding the Wave

    30:00 - Using Prop Firms and Funding Personal Trading Accounts

    37:52 - The Impact of Leadership and Geopolitics on the Market

    39:17 - The Economy, Inflation, and the Need for a Restart

    46:46 - The Potential Impact of Different Presidencies on Wars

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    --- Support this podcast: https://podcasters.spotify.com/pod/show/johnnyrod/support
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