Trader Nick shares how he’s built a successful trading career by focusing on steady, consistent gains through risk management, macro analysis, and automation, rather than chasing “holy grail” setups or getting caught up in trading psychology hype. He explains his swing and position trading approach across multiple assets, advocates for starting with small position sizes, and stresses the importance of tracking real results, not just theories.
Overall, his advice centers on treating trading like a disciplined, businesslike process instead of gambling or searching for shortcuts.
Podcast Interview
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Interview Link
YouTube – @TraderNick
Nick’s Trading Strategy
COMING NEXT WEEK!Key Lessons
[08:45] “The real Holy Grail is realizing great profitability just comes from steady, you know, consistent small gains.”
[18:25] “Reduce your position size. The quickest way to improve as a trader is to trade with a minimal trade size, which erodes away a lot of the psychological side of trading and helps you to think logically about your system, not so much about your P&L.”
[20:27] “Trading is supposed to be boring. It’s not supposed to be this, you know, lights in a casino feeling.”
[21:33] “There’s no such thing as a chart that is easier than others, in my opinion… Whatever you trade though I would say make sure it’s liquid. That’s a big thing. Make sure you can actually get filled on whatever you’re trading.”
[23:05] “You can specialize. If you stare at charts long enough, it’s hard to explain what it is, other than the word intuition. You build intuition on charts that you study really closely every single day.”
[25:04] “If you want to learn fundamental analysis, the best way to do so is to read a lot of articles, watch a lot of content, and listen to a lot of interviews with economists, with portfolio managers. If you don’t, find somebody who is credible and actually has done it successfully and can prove it.”
[29:21] “Even with good risk management… it’s still very psychologically difficult. Trying to convince yourself to trade like a robot and to not have any emotions or feelings is wrong. The better approach is to acknowledge that you’re having those feelings, but to really focus on your actions.”
[32:32] “If you don’t have anything to do on the charts, you really better close them. It’s better off that you go do something else.”
[34:34] “When you’re selling options for premium… your win rate’s really high. On my momentum side of things, I’d say it’s much lower… but those strategies help smooth out the equity curve and helps with the psychological side. So diversification in your portfolio can help.”
[43:10] “Every single trader listening to this right now will go through losing streaks that are shocking, and if you are not prepared for, if you’re not ready for the outlier losing streaks and drawdowns, you’re much more likely to blow up and blame it on trading psychology. These things are prepared for―you can actually test systems going back 20 years in data and say ‘What was my max drawdown through all of that? What should I expect?'”
