Risk Is a Power Tool: Mastering the 4 Pillars of Successful Trading | Troy Noonan of Backpack Trader | JTL 127
Manage episode 503666360 series 1980310
Risk is the most misunderstood tool in trading. In this deep-dive interview, Troy Noonan (creator of Backpack Trader) reveals why most traders fail, how to build belief in your system, and how to create a profitable business that takes just minutes a day to run.
π₯ Learn more and get Troyβs free training: https://backpacktrader.com/legacy
In this episode:
0:00 β Intro
3:00 β Why risk feels scary, and how to reframe it
7:00 β The 4 legs of the trading stool
13:00 β The mindset shift that changed everything
20:00 β Day trading vs. swing trading
28:00 β $50/day β $10K/month formula
33:00 β The compounding ramp to freedom
48:00 β Legacy, time freedom, and choosing your life
β‘οΈ Subscribe for more real conversations with leaders redefining what legacy really means.
130 episodes