Siam Kidd is a full time Investor/Trader, owns 7 profitable businesses and learned how to trade simply through hard trial and error. He says,
“I was probably the worst trader on the planet for the first 6 years, losing money constantly, before things became consistent. People don’t need to go through the same crap I did…“
Siam joined the RAF after school and not long after completing his Officers’ Training he began trading & investing in 2004. He didn’t have the most successful of starts. Being completely self taught and impatient he quickly lost a fair amount of money and savings. This continued for some time as he continually struggled to balance his pilot training and trading. Eventually trading became quite profitable for him.
CLICK TO SUBSCRIBE FOR MORE LEGENDARY EPISODES:
Podcast by the Numbers:
4 MIN – Building a Super School by 2022 >>> Siam’s TED Talk
5 MIN – A Persistent Idiot for “Shits & Giggles”
6 MIN – The WAKE UP moment in the air force.
8 MIN – Broke & 4 – 6 years being useless at trading.
10 MIN – FOREX TRADING 101
The Reality…
# 90 – 90 – 90 principle!
# The Broker’s Interest is not in your interest.
# 252 Trading days a year.
# Day Trading is the devil for beginners.
# OTC Gain – Another way traders make money off you!
# IB Agreements (basically an affiliate link).
16 MIN
The Solutions…
# Learn for peace of mind over money.
# The Similarities with the Weather.
# Low risk, High probability outcome trades.
# People always look for S.E.X (Setup Entry & eXit)
# “Drawdown” no more than 10% of your capital.
# RISK OF RUIN is very important.
# How to lose 70% of the time and still gain overall.
21 MIN – The Helicopter story, cream tea’s, being young & dumb!
25 MIN – The UK to USA Major difference to forex trading.
24 MIN : ALPHA ROUND
Habits:
Listening to 4 Audio books a month.
Zig Ziglar, Les Brown.
“You need to be prepared to live like most won’t, so in the future you can live like most can’t”
Recommended guests:
Ricardo Semler (Brazil) TED talk
Alex Upton
CONTACT:
The Realistic Trader
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