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How to Make Money Trading, NFT Projects, and Gold
Manage episode 431497269 series 3143174
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We had on Paul Wiedmaier on the show to talk about how to make money!
Paul is a very smart engineer but has found a passion in futures trading and is doing well because of it!
We talk Futures Trading, Psychology of different types of traders, NFT Projects and the Importance of Community.
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00:00 - Introduction
01:50 - Understanding Different Trading Strategies: Day Trading, Scalping, and Swing Trading
02:49 - Psychology of a Trader
04:10 - The Challenges and Risks of Investing into NFT Projects
05:50 - Why Trade Futures?
06:50 - NFT Collection "Crypto DickButts"
08:20 - My experience with an NFT Project called Alien Frens
10:22 - The Importance of Communities
22:33 - What is Futures Trading and What is Your Trading Psychology?
24:22 - The Advantages of Futures Trading Over Options Trading
25:40 - IMPORTANT: Understanding Risk Management
29:02 - Analyzing the Market and Riding the Wave
30:00 - Using Prop Firms and Funding Personal Trading Accounts
37:52 - The Impact of Leadership and Geopolitics on the Market
39:17 - The Economy, Inflation, and the Need for a Restart
46:46 - The Potential Impact of Different Presidencies on Wars
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