Taking 100’s of Trades a DAY Is EASY - 40 Year Trading Veteran

Video Description

On this episode of the Words of Rizdom podcast we are joined by Tom Sosnoff. Tom is an entrepreneur, options trader, co-founder of Thinkorswim and Tastytrade and exited both for over a $1 billion. In this podcast we discuss the major pitfalls of retail traders, the advancement of trading technology and how "easy" it is for traders these days to become profitable and what is takes to built a billion dollar company. I hope you guys enjoy this incredible episode! ____________________________________ Join The Chart Fanatics FREE Discord Community for Exclusive Discounts, Giveaways, Live Events & More 👉 https://discord.gg/chartfanatics ____________________________________ SUBSCRIBE to Chart Fanatics Live NOW 👉 https://www.youtube.com/@chartfanaticslive?sub_confirmation=1 ____________________________________ SUBSCRIBE NOW & Like this video to help us continue to bring the best verified traders in the world. turn on notifications to never miss a new video, we post new episodes EVERY Thursday 3pm GMT/ 10am EST with verified traders. ____________________________________ Use Code "PFT" for the BEST Discounts on ALL Prop Firms Listed 👉 https://propfirmtrader.com/ Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://link.alpha-futures.com/k9V5Az Use the Best Trading Journal Use Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://bit.ly/TradeZellaWOR Use Code "RIZ" for 20% OFF ALL Challenges 👉 https://link.alphacapitalgroup.uk/eq7m8X Join the Market Journal community for weekly direct market insights for FREE 👉 https://www.market-journal.com Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom ____________________________________ Connect with our guests: https://www.linkedin.com/in/tom-sosnoff-047627293 https://youtube.com/@tastyliveshow ____________________________________ Connect with Words of Rizdom: https://instagram.com/wordsofrizdom https://x.com/wordsofrizdom https://www.instagram.com/realriziqbal ___________________________________ 00:00 Introduction to Tom Sosnoff 08:40 Innovating for Retail Traders 13:00 From Trading Floor to Fintech Tools 17:40 Building Tastytrade: Financial Media Revolution 22:10 Passion, Challenges, and Trading Performance 27:10 Changing Barriers, Learning, and Taking Risks 33:00 Active Trading vs Passive 38:30 Risk, Mechanical Edge, and Law of Large Numbers 44:00 Size, Risk, and Portfolio Management 50:00 The Truth About Edge in the Markets 55:10 Setting Realistic Goals in Trading 01:01:30 Consistency, Compounding, and Longevity 01:13:00 Work Ethic, Life Lessons, and Final Advice ___________________________________ Disclaimer: The content on Words of Rizdom is for informational and educational purposes only and should not be considered financial, investment or trading advice. I am not a licensed financial advisor, and the strategies, opinions, and commentary shared are based on personal experience of the respective guests. We are not personally affiliated with any of the guests featured in our episodes. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom. ___________________________________ Trading and Investing involves risk, and you should always do your own research or consult with a qualified financial professional before making any investment decisions. You are solely responsible for your financial decisions. This channel and its creator are not liable for any loss or damage arising from the use of information presented in videos. ___________________________________