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September 12th, 2024

Ep. 35: Trading Wisdom from a Veteran- Dive into Steven Orr’s Proven Methods

  1. Ep. 35: Trading Wisdom from a Veteran- Dive into Steven Orr’s Proven Methods Philip Jayhawk Chan 37:12

πŸ“’πŸŽ™οΈ New Episode Alert: Lightspeed Investing Podcast Ep 35 with Steven Orr Part 3! πŸŽ™οΈπŸ“’

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 Steven’s trading principles and practices.

In this episode, Steven shares invaluable insights on:

Β πŸ”Ή 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 πŸ”Ή 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 πŸ”Ή Mindset: Emphasize the importance of a positive mindset, good Sleep, and a morning ritual that includes music and news to gear up for trading.

Steven’s rules combine his personal experiences and insights from top traders. His recommended reads include:

Β πŸ“š β€œOne Up on Wall Street” by Peter Lynch: Invest in what you know. Β πŸ“š β€œThe Richest Man in Babylon”: Value of multiple income streams. Β πŸ“š β€œReminiscences of a Stock Operator” by Edwin LefΓ¨vre: Insights into market mechanics and psychology.

πŸŽ™οΈ Don’t miss out! Tune in now on to gain actionable insights and strategies that could transform your trading game. Watch the episode on πŸ‘‰ LinkedIn and elevate your investing journey!

Also onπŸ“Ί YouTube

🎧 Ready to Share Your Story on Lightspeed Investing Podcast? πŸ“… Schedule your call with our host, Philip: https://calendly.com/lightspeedinvesting

#Investing #Trading #Podcast #FinancialFreedom #LightspeedInvesting #StevenOrr #MarketInsights #RiskManagement #DailyRoutine #Mindset

Philip Jayhawk Chan Lightspeed Investing Podcast