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On this episode of the Words of Rizdom podcast we are joined by Dave Teaches. Dave is a 6 figure day trader and hyper scalper that made a name for himself on Twitter after flipping just $700 into an incredible $89,000, all recorded live with receipts. Dave found himself in a difficult situation early in his trading career and took the "do or die" approach that trading must work out for the sake of his family. His success has come from a place of adversity and he has managed to change not only his life but his family's too. His controversial takes on Twitter has sparked some debate online but overall Dave is a down to earth, professional and talented guest.

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Connect with Words of Rizdom:

https://instagram.com/wordsofrizdom

https://twitter.com/wordsof_rizdom

https://www.instagram.com/realriziqbal

Connect with our guest:

https://twitter.com/daveteachesfx

https://youtube.com/@DaveTeaches

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Timestamps:

00:00:00 Introduction to Dave Teaches - Turning $700 into $89,000

00:08:50 The Importance of Mentorship in Trading

00:18:09 High Win Rate Trading Strategies

00:26:25 Maximizing Opportunities on Lower Time Frames

00:35:09 Aligning Backtesting with Live Trading

00:44:54 Toxicity and Limiting Beliefs in Trading Communities

01:01:37 Mastering Financial Discipline: Strategies for Traders

01:09:52 The Myth of Trading Books and Mindset

01:19:36 Exploiting Market Glitches: The Neo Example

01:28:24 Understanding Market Consistency

01:36:45 Overcoming Imposter Syndrome in Trading

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Disclaimer:

The content on Words of Rizdom is for informational and educational purposes only. We are not personally affiliated with any of the guests featured in our episodes. Our role is solely to interview them and share their insights, experiences, and expertise. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom. Always carry out your own research and seek professional advice before making decisions based on the content shared.

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