Dave Teaches: Trading $700 to $89,000 (127X RETURN) | WOR Podcast - EP.139

On this episode of the Words of Rizdom podcast we are joined by Dave Teaches. Dave is a 6 figure day trader and hyper scalper that made a name for himself on Twitter after flipping just $700 into an incredible $89,000, all recorded live with receipts. Dave found himself in a difficult situation early in his trading career and took the "do or die" approach that trading must work out for the sake of his family. His success has come from a place of adversity and he has managed to change not only his life but his family's too. His controversial takes on Twitter has sparked some debate online but overall Dave is a down to earth, professional and talented guest. I hope you guys enjoy this episode!

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Guest's Socials:

Twitter: https://twitter.com/daveteachesfx

Youtube: https://youtube.com/@DaveTeaches

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Riz’s Instagram: https://instagram.com/wordsofrizdom

Riz’s Twitter: https://twitter.com/wordsof_rizdom

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Timestamps:

00:00:00 Introduction to Dave Teaches - Turning $700 into $89,000

00:08:50 The Importance of Mentorship in Trading

00:18:09 High Win Rate Trading Strategies

00:26:25 Maximizing Opportunities on Lower Time Frames

00:35:09 Aligning Backtesting with Live Trading

00:44:54 Toxicity and Limiting Beliefs in Trading Communities

01:01:37 Mastering Financial Discipline: Strategies for Traders

01:09:52 The Myth of Trading Books and Mindset

01:19:36 Exploiting Market Glitches: The Neo Example

01:28:24 Understanding Market Consistency

01:36:45 Overcoming Imposter Syndrome in Trading

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DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only

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