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REWIND: Two Blown Accounts, Third One's a Charm with Lydia Finkley
Episode 715th April 2019 • Limit Up! Podcast • Topstep
00:00:00 00:47:43

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Lydia Finkley has a unique - and all too common - story. She was introduced to trading by her mother, an unusual start to a professional forex trading career. But from there, Lydia went through all the normal growing pains of a professional trader. She blew up two accounts, in short order, before scaling back drastically in her third. That's when she started to learn a lot about herself and the market. Since then, she's put a number of controls in place to ensure that she never experiences a loss like that again. 

  • [03:21] Getting the Trading Bug
  • [05:34] Learning the Markets
  • [08:41] Getting back on track after unsuccessful trades
  • [11:22] Checking on the market at particular times
  • [15:33] Finding a trading strategy
  • [18:22] Cash as a position
  • [22:23] What to do when you’re in a position you shouldn’t be in
  • [24:16] Starting out in electronic trading
  • [26:14] Scariest Trade vs. Best Trade

 

Limit Up! is a podcast for traders of all levels brought to you by Topstep. Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory. Risk Disclosure: https://www.topstep.com/risk-disclosure/


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Podcast episode production by Dante32.

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