Words of Rizdom - Trading Podcast

Making $25M+ in a Single Trade | #1 Hedge Fund Trader - Larry Benedict

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Connect with our guests:

https://www.opportunistictrader.com/authors/larry-benedict/

https://x.com/opptrader1

https://www.instagram.com/opportunistictraderlarry/

https://youtube.com/@opportunistictrader/

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On this episode of the Words of Rizdom podcast we are joined by Larry Benedict. Larry Benedict is a 35-year trading veteran. Starting from the pits at the Chicago Board Options Exchange (CBOE), Larry’s skills grew until he was running a world-class $800 million hedge fund where he regularly traded position sizes in the millions of dollars. He even went 20 years without a single losing year putting his hedge fund in the top 1% of Barron’s rankings. I hope you guys enjoy this incredible episode!

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https://instagram.com/wordsofrizdom

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Timestamps:

00:00 Introduction To Larry Benedict - Market Wizard

04:00 Building a Reputation in Hedge Funds & Global Markets

08:00 Why Risk Management is the #1 Rule in Trading & Day Trading Success

13:00 Trading Discipline & Accepting Losses in Forex & Stocks

18:00 The Success Mindset Every Trader Needs to Win Long Term

23:00 Hard Lessons From Market Experience

27:00 How Emotions Impact Trading Decisions & Risk Control

32:00 Repeated Mistakes, Trader Psychology & Gradual Growth

37:00 The Truth About “Easy Money” Trades in Day Trading

43:00 Why Annual Returns in Trading & Hedge Funds Are Never Consistent

49:00 How Traders Should Act in Market Booms, Bubbles & Frenzies

55:00 The Power of Process, Specialisation & Trading Consistency

01:00:00 What Traders Miss About Long-Term Wealth & Market Strategy

01:06:00 Biggest Trading Challenges, Capital Management & Success Stories

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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.

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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.

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