In this special Words of Rizdom episode, Trader Kane—one of the world's top prop firm traders with over $2M in payouts—reviews 16 unprofitable traders and reveals what's holding them back. From revenge trading and overtrading to poor risk management, strategy hopping, and cutting winners too early, Kane gives direct, actionable advice on what it takes to become consistently profitable. We hope you enjoy the episode!Like, Subscribe & Enable Notifications 🔔New verified trader episodes every Thursday 3PM GMT / 10AM EST━━━━━━━━━━━━━━Chart Academy: https://www.chartacademy.com/Chart Fanatics Live: https://www.youtube.com/@chartfanaticslive20% OFF Alpha Capital Group (Code: RIZ): https://link.alphacapitalgroup.uk/eq7m8X20% OFF Alpha Futures (Code: RIZ): https://link.alpha-futures.com/k9V5AzTradeZella (Code: RIZ10 for 10% OFF Monthly or WOR for 20% OFF Yearly): https://refer.tradezella.com/rizBEST Deals on all Prop Firms: https://propfirmtrader.com/ FREE Market Journal Newsletter: https://www.market-journal.comDownload This Playbook: https://www.chartfanatics.com🚀 Join Our FREE Trading CommunityDiscord: https://discord.gg/chartfanatics/Telegram: https://t.me/pocketsofrizdom━━━━━━━━━━━━━━🎙 Guest: Trader Kanehttps://www.instagram.com/traderkane/https://twitter.com/traderkanehttps://www.youtube.com/@traderkane🎙 Host: Words of Rizdomhttps://youtube.com/@wordsofrizdomhttps://instagram.com/wordsofrizdomhttps://x.com/wordsofrizdom https://www.instagram.com/realriziqbal━━━━━━━━━━━━━━Timestamps:00:00 - Intro01:57 - Topic #1 - Trouble Keeping Profits05:56 - Why Breaking Rules Destroys Accounts16:14 - Winning Streaks, Tilt And Dirty Data25:03 - Why News Is Not Your Edge29:38 - Topic #2 - Taking Low Quality Set Ups & Forcing Trades31:13 - Stop Trading At The Wrong Time39:44 - Why One Loss Turns Into Revenge Trading46:20 - Passing Funded Accounts Then Blowing Them53:22 - Topic #3 - Fear of Missing Out1:04:04 - How To Stop Self-Sabotage1:13:12 - Topic #4 - Overloaded Charts & Information1:25:40 - Topic #5 - Risk Changing Based On Emotional Confidence1:40:21 - Topic #6 - PNL Obsession1:52:04 - Chasing Past Payouts1:56:00 - TradeZella Portfolio Check In 2:05:02 - Why Your Timeframes Don’t Match2:15:36 - The Problem With Complicated Setups2:25:39 - Opening Range Strategies And Clean Rules2:34:12 - The Daily Candle Strategy2:42:09 - Why New Strategies Don’t Fix Old Problems2:52:20 - Kane’s Final Trading Lessons2:56:39 - Kane Breaks Down His Own Model━━━━━━━━━━━━━━Disclaimer:The content on Words of Rizdom is for informational and educational purposes only and should not be considered financial, investment or trading advice. I am not a licensed financial advisor, and the strategies, opinions, and commentary shared are based on personal experience of the respective guests. We are not personally affiliated with any of the guests featured in our episodes. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom.Trading and Investing involves risk, and you should always do your own research or consult with a qualified financial professional before making any investment decisions. You are solely responsible for your financial decisions. This channel and its creator are not liable for any loss or damage arising from the use of information presented in videos.

Ask this episode

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

Transcript

Related