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#3: Tim Navigates Losses and Scaling On His Journey to Consistency
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As Tim recounts his journey, get ready for tales of urgency, quick wins, and the harsh reality check that hit when he lost a funded account. It's a story of resilience and self-discovery, with Tim sharing the nitty-gritty details of those moments when trading feels like a game of urgency and patience.
But that's not all – the duo dives deep into the math side of trading, discussing the crucial concept of scaling. Taylor breaks down the numbers, exploring the optimal contract sizes, risk parameters, and the importance of a solid plan that can flex with the market's mood.
Whether you're a seasoned trader or just starting out, this episode is packed with relatable experiences and practical strategies. Join Tim and Taylor on YouTube for the full scoop, and let's make your trading journey a little less bumpy and a lot more profitable!
In the livestream, I also promised to share a copy of the spreadsheet we used as a tool. Here it is: https://jo.my/trade-size-planner.
This is a recording of a YouTube livestream that originally aired Nov 3, 2023.
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The Profit Factor podcast is for developing traders. Whether you're new to trading or have been trying to get consistent for years, join us to discover how to hone your edge, execute your process and create a mindset that drives consistent results.
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Want more?
- https://www.youtube.com/playlist?list=PLUIFLIRztQ-aXyiyBV6COzj1OsRrqx7kH to watch the livestreams for this podcast.
- https://www.youtube.com/@theprofitfactor for some great videos on edge, process and mindset.
- https://www.gettheprofitfactor.com to get coaching and accelerate your journey to profitability.
- https://jo.my/1x1-coaching to book a 1x1 with me and get coaching on your edge, process or mindset.
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