On this episode of the Words of Rizdom podcast we are joined by 5ive Beatz. A music producer turned funded trader who produced music for Nines, Potter Payper & Pop Smoke. 5ive was sentenced to prison after spending an early part of his life involved in crime. 5ive got into trading and has now achieved a massive $150,000 in payouts in less than nine months! An incredible journey and a lot to take away from this podcast!

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Guest's Socials:

https://www.instagram.com/5ivebeatz

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Riz’s Instagram: https://instagram.com/wordsofrizdom

Riz’s Twitter: https://twitter.com/wordsof_rizdom

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I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽

SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽

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00:00:00 - Intro

00:03:34 - From Music to Trading: Finding Independence

00:06:59 - Reflecting on Past Choices

00:10:20 - Switching to Music

00:13:41 - From Hardship to Success in the Music Industry

00:16:53 - Working with Travis Scott

00:20:03 - Finding a New Path in Trading

00:23:28 - The Importance of Mental Strength in Trading

00:26:59 - Finding a Legit Mentor

00:30:21 - The Journey of Success and Learning Every Day

00:33:24 - Taking a Break and Slowing Down in Trading

00:36:38 - Learning from Financial Mistakes and Staying Disciplined

00:39:48 - Learning from Drawdowns and Humbling Experiences

00:42:54 - Overcoming Fear and Taking the Risk

00:46:09 - The Importance of Proper Risk Management

00:49:24 - Applying the Skill Set to Prop Trading

00:52:47 - The importance of trading discipline and simplicity

00:56:12 - Proper Risk Management and Data Analysis

00:59:48 - The Journey of a Trader

01:03:18 - Always a Student, Always Learning

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DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only

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