258. Trading Nut

258: Why Malaysian SnR Traders Don't Need Prop Firms

Enter Joey, a mysterious Malaysian trader who subscribes to the belief that the most skilled traders operate in the shadows. Today, I have an exciting revelation for you—I not only unearthed Joey’s intriguing story but also succeeded in bringing him on the show. Now, get ready for a firsthand account of Joey’s journey to success and an exclusive look into his Malaysian Support and Resistance (SnR) trading strategy.

Podcast Interview

Listen to the audio

Joey

0:00—:—

Strategy Breakdown

Key Lessons

  • [08:11] You need to have good friends and a good mentor.
  • [12:00] The best thing is to invest in your knowledge and yourself first.
  • [31:39] It's important for you to be comfortable with the lot size.
  • [45:45] For you to be good in psychology, it actually takes two to three years.
  • [47:50] Manage your time manage, your money, because time and money is your capital.
  • [47:55] Capital is not only your money, it's also time.
  • [53:42] If you learn from other people's time, you will save more time and will be wiser.