In this episode, we sit down with Dovydas Pinskus, a full-time trader specializing in liquidity and price action strategies. With nearly a decade of experience, Dovydas shares insights on scaling accounts, managing risk, and adapting to different market conditions.Connect with Waqar here: https://www.instagram.com/waqarasim/Connect with the guest here: https://www.instagram.com/dovy.fx/00:00 - 01:30 Intro 01:30 - 05:42 Introduction to Dovydas and his trading journey. 05:42 - 10:15 Discussing nearly a decade of trading experience. 10:15 - 14:48 How liquidity and price action define his strategy. 14:48 - 18:56 Why traditional support and resistance is flawed. 18:56 - 23:35 The importance of testing strategies before trading live. 23:35 - 27:28 Why most traders fail despite knowing technicals. 27:28 - 31:14 His approach to capital preservation and trade execution. 31:14 - 35:22 How treating trading like a job leads to profitability. 35:22 - 38:55 Turning £25K into £250K—explaining the process. 38:55 - 43:12 How he uses different timeframes for better entries. 43:12 - 47:36 How he refines trade entries based on liquidity. 47:36 - 51:24 How he locks in profits and manages risk on trades. 51:24 - 56:18 Building capital while maintaining a systematic approach. 56:18 - 59:45 Why traders must adapt their strategy to their lifestyle. 59:45 - 01:03:12 How to develop a professional trader’s mindset. 01:03:12

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related