patrick wieland quote 1

Look at Patrick Weiland’s Instagram profile and you’d be mistaken for thinking he was a professional surfer… living on the North Shore of Hawaii, spending his days hanging ten with the legends of the surf world. But how on earth can he do this?

Turn page to his YouTube channel, and you’ll see how Patrick has freed up his days for surfing, sun and fun by trading the New York open stock market, indexes and crypto.

To find out exactly how Patrick manages a 3am wake up every day, uses candlestick trading to his advantage and flicks between stocks, indices and crypto using the same strategy… take a gander below.


Podcast Interview




GOLD SPONSOR

Take The Challenge. Prove You Can Trade

Manage Up To $2M For An Award Winning Prop Firm. You Keep Up To 90% Of Profits On Performance. Use 10% Discount Coupon: TRADINGNUT

Visit Fidelcrest.com To Learn More!






Instagram – @patrickwieland
YouTube – Patrick Wieland

Broker & Platform

Interactive Brokers
TradingView

Patrick’s Gap Trading Approach







Key Lessons

[07:57] Money is a tool to make more money.

[16:47] If you’re going to buy a stock, you have to have a plan.

[17:04] You have to accept the losers as much as you get the winners.

[21:26] With trading, you have to kind of figure out what works for you, what your emotion is, what your style is and then you have to figure out what’s the best way to go about it.

[24:30] The longer that you trade, the more you see these patterns.


patrick wieland quote 2

[26:18] There’s a reason why most traders lose money because they’re doing exactly what they’re not supposed to do.

[38:29] A lot of people, the biggest problem for them is overtrading.

[40:35] Trading is a one job in the world where you can show up every single day for work and not make any money.

[49:29] The first year as a trader should be focused on not losing money.


patrick wieland quote 3

[50:31] Cutting off your losers – that is the key.

[51:16] You have to figure out what works for you.

[54:25] If you can’t handle losing money, you probably should not trade.

[57:20] You should focus on the trade. Don’t trade your PnL.







More Expert Traders

FREE Premium Interview
(Normally $9.99, Today $0)


JUST ANSWER THIS QUESTION


Great! You're In. Check your email for your Login Details and Link.