Marlon DiCaprio, a full-time trader from Brisbane, Australia, shares his trading journey and insights. He discusses his initial experiences with penny stocks and Forex, emphasizing the importance of risk management and strategy development. Marlon recounts significant wins and losses, including a $15,000 loss during the COVID-19 pandemic, which led him to refine his approach through extensive research and backtesting.
Marlon’s story underscores the necessity of discipline, planning, and psychological resilience in achieving trading success.
Podcast Interview
GOLD SPONSOR
Save Up to 45% on Trading Capital
Get funded up to $400,000 with low profit targets and an 85% profit split.
CLAIM YOUR 45% COUPON →Interview Link
Instagram: @officialindicegeek
Marlon’s Trading Strategy
Key Lessons
[15:48] This whole trading thing is not about strategy; you have to be a manager of risk.
[16:43] You have to be a manager of risk. That’s the key to trading.
[20:37] You have to give the market time to breathe. You can’t just get in. The market will wipe you out.
[20:49] The longer you are in the market, the more that they’re going to manipulate you so you need to be in and out.
[24:35] You need to have a plan each and every month, each and every week and if you know your schedule is too busy, you’ll not trade.
[24:44] Trading is a different animal. If your mind is not locked into the chart, you’ll going to make mistakes and you’re going to lose money.
[36:46] If you can understand how to be a manager of risk, you’ll be in this game for a very, very long time.
[38:56] Persistence beats resistance. Stay focused. Stay motivated. Never give up.
[39:07] Trading will set you free, but you have to put the work in and stay super disciplined.
