219. Trading Nut
219: THE $78,000 PAYDAY: How Student Doctor's Prop Trading Has Him Out-Earning Professors w/ Dr Elvis Justice Bedi
Join me this week as I speak with the remarkable Dr. Elvis Justice Bedi, a young Ghanaian whose rapid ascent to trading stardom came at a most tumultuous time.
Amidst the chaos of war in Russia, where he was studying medicine, Dr. Bedi found himself becoming an expert trader, amassing over $500,000 in funding at prop firms and pulling out an astonishing $78,000 in one withdrawal.
His success has led him to question his future in medicine, and even his professors are taking notice of his trades. But what is Dr. Bedi planning to do next? Tune in to find out, as we delve into the captivating story of a rising star in the trading world.
Podcast Interview
Strategy Breakdown
Key Lessons
- [11:24] Whatever technical, whatever the market is doing, whatever the candles is doing on the market, everything that you are seeing is backed by fundamentals in a way.
- [12:04] When fundamentals gets into the markets, technicals disappear.
- [15:51] The secret about fundamentals is that most of times fundamentals do not align with technical.
- [28:51] Every trader needs three things, a proven edge, efficient risk and money management.
- [32:33] It’s all about understanding when to be aggressive and when to be conservative.
- [34:29] It’s all about discipline, keeping your composure and keeping it consistently not intensity.
- [35:35] Before you even come into the chart, have a clear mind.
- [35:39] You can’t achieve positive results with a negative result.
- [36:09] If your mind is fucked up, it’s going to affect your whole body and your decision-making also gets fucked up.
- [52:12] Trading is not for everyone.