Differences between Retail Traders vs Professional Traders that make money consistently

In Episode 2 I go into detail explaining how a professional trader operates on various levels including compensation, structure, mindset and why that set up is designed for success and to make money.

Retail trader vs professional traders is a topic which is at the core of understanding why most retail traders lose all their money. By studying the approach of professional traders who make money consistently regardless of market direction, we can then seek to use that as a basis for formulating structure, design, strategy, tactics and mindset that leads to attractive consistent risk adjusted returns.

We discuss why the 'trading for an income' myth that has been sold to retail traders is at the core of why they always lose money.

Professional trader mandates revolve around the idea of preserving capital while making money in both up and down markets and they do this via Long / Short portfolios.

We go into detail comparing what pro traders do vs retail traders and we can clearly see where the differences are and why retail traders always lose money but operating in direct opposition with how the professionals invest.

🔗 Useful Links 🔗

Nick Drakon Twitter 👉 https://twitter.com/NickDrakon
Defi Sparks Podcast Twitter 👉 https://twitter.com/DefiSparks
Defi Sparks Podcast 👉 https://www.defisparks.com/

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⏲ Time Stamps ⏲

0:00 - Intro
7:30 - Anatomy of a Hedge Fund
10:45 - Trading for Income is Impossible
21:50 - Pro Trader Approach
37:10 - Comparisons
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📜 Disclaimer 📜

This video is for informational purposes only. Nothing contained shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial adviser or registered investment adviser. Trading cryptocurrencies poses considerable risk of loss.

#nickdrakon #retailtrader #retailtrading #protraders #protrading #protrader #crypto @#defi