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Risk Is a Power Tool: Mastering the 4 Pillars of Successful Trading | Troy Noonan of Backpack Trader | JTL 127

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Manage episode 503666360 series 1980310
Content provided by Wayne Veldsman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wayne Veldsman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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.

πŸ”₯ Learn more and get Troy’s free training: https://backpacktrader.com/legacy

In this episode:
0:00 – Intro
3:00 – Why risk feels scary, and how to reframe it
7:00 – The 4 legs of the trading stool
13:00 – The mindset shift that changed everything
20:00 – Day trading vs. swing trading
28:00 – $50/day β†’ $10K/month formula
33:00 – The compounding ramp to freedom
48:00 – Legacy, time freedom, and choosing your life

➑️ Subscribe for more real conversations with leaders redefining what legacy really means.

  continue reading

130 episodes

Artwork
iconShare
 
Manage episode 503666360 series 1980310
Content provided by Wayne Veldsman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wayne Veldsman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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.

πŸ”₯ Learn more and get Troy’s free training: https://backpacktrader.com/legacy

In this episode:
0:00 – Intro
3:00 – Why risk feels scary, and how to reframe it
7:00 – The 4 legs of the trading stool
13:00 – The mindset shift that changed everything
20:00 – Day trading vs. swing trading
28:00 – $50/day β†’ $10K/month formula
33:00 – The compounding ramp to freedom
48:00 – Legacy, time freedom, and choosing your life

➑️ Subscribe for more real conversations with leaders redefining what legacy really means.

  continue reading

130 episodes

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