James Storms, a young trader from NY, has one hell of a trading journey to share with you today.
Personally, I don’t think my heart could cope with the roller coaster of a ride James has endured, through his trading career to date.
But, as you’ll find out in the show, James eventually found success and even has some proof to share with you in the interview.
And after listening, you can see how some of the 6 figure trades played out, and learn a bit about his method, in the trading strategy video below.
Podcast Interview
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Interview Links
Instagram – @JamesStorms
Telegram – @JamesStorms
Recommended Books
Trading in the Zone by Mark Douglas
The YUSA Guide to Balance by Shaun Lee
Broker & Platform
Yellow Peacock
MetaTrader 4
Key Lessons
[10:50] You can’t care about the money. The moment you start letting it affect you, is when those emotions make you make bad decisions.
[11:14] There’s manipulation or things that happen along the way but the biggest manipulation is what’s going on up here, your own mind and the things that you tell yourself when you’re in a trade.
[12:36] Knowledge is a direct correlation with income. The more knowledge you have the more income you’re going to have.
[14:55] If you’re not learning, if you’re not changing your decision-making, your thought processes based on what you’re doing or what the market is telling you then, you’re just going to continue making the same mistakes and you’re never going to grow.
[22:53] Remember, you’re not making money until it’s withdrawn.
[32:10] You can flip hundred thousand to a million. You can flip a million to 10 million. There’s no ceiling in trading.
[35:24] The best thing about trading is when you actually spend the money.
[41:36] Keeping up with the fundamentals is important.
[44:00] Every chart has a story on it.
[51:16] Money is cool but there’s nothing more than time.
[55:33] People, who trade small accounts, risk too much and end up blowing.
[60:35] Believe in yourself as much as you can.