π’ποΈ New Episode Alert: Lightspeed Investing Podcast Ep 35 with Steven Orr Part 3! ποΈπ’
Join us for an insightful deep dive into trading with Steven Orr, a seasoned trader with over 32 years of market experience. Hosted by Philip Jayhawk Chan, President & CEO of Lightspeed Investing, this episode explores Stevenβs trading principles and practices.
In this episode, Steven shares invaluable insights on:
Β πΉ Risk Management: Set stop losses around 15% for futures and maintain a 70% win rate. Adhere to a disciplined approach to managing risk and reward. Β πΉ Daily Routine: Begin market preparation as early as 3 AM, trade 50-200 contracts daily, and follow a disciplined approach to start your trading day. Β πΉ Mindset: Emphasize the importance of a positive mindset, good Sleep, and a morning ritual that includes music and news to gear up for trading.
Stevenβs rules combine his personal experiences and insights from top traders. His recommended reads include:
Β π βOne Up on Wall Streetβ by Peter Lynch: Invest in what you know. Β π βThe Richest Man in Babylonβ: Value of multiple income streams. Β π βReminiscences of a Stock Operatorβ by Edwin LefΓ¨vre: Insights into market mechanics and psychology.
ποΈ Donβt miss out! Tune in now on to gain actionable insights and strategies that could transform your trading game. Watch the episode on π LinkedIn and elevate your investing journey!
Also onπΊ YouTube
π§ Ready to Share Your Story on Lightspeed Investing Podcast? π Schedule your call with our host, Philip: https://calendly.com/lightspeedinvesting
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