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SteadyTrade

Ep 226: NFTs, Cryptomania, & When to AVOID Trading: The Roland Wolf Update

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 16 November 2021

⏱️ 51 minutes

🧾️ Download transcript

Summary

f the market’s not so hot, millionaire trader and mentor Roland Wolf puts trading on the back burner. But he’s no slacker. This is the hands-off approach that made him a millionaire (and kept him from losing money!). Wanna learn his secrets? Today, Roland shares his unique approach to trading — including what he thinks of the current market, work-life balance, and why aggressive young traders sometimes give him FOMO...Follow Roland! Want more? Check out Roland’s offerings and follow...

Transcript

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0:00.0

Anyone you see having huge wins is also taking on huge risk.

0:04.7

No matter what, no matter what, you know, the win ends up being.

0:09.0

You don't see what's going to happen throughout that trade

0:11.0

and what the risk ends up actually being on that trade for these people.

0:14.6

So like for me, I just, it's a risk thing.

0:18.5

It's a risk tolerance thing.

0:21.6

You're listening to the steady trade podcast.

0:24.8

The steady trade podcast.

0:27.1

A podcast that inspires traders to make meaningful strides and pursue their passions.

0:33.8

Together, we'll sit down with experts to talk about their process, the lessons they've learned,

0:39.1

and discuss how all traders can level up their trading careers.

0:43.1

Here are your hosts, Tim Bowen and Stephen Johnson.

0:48.4

Welcome back to the Stady Trade podcast, everyone.

0:50.8

I am Tim Bowen, back with Stephen Johnson.

0:53.3

We've got both of us back here. Stephen, if you're

0:55.4

watching on YouTube, I believe has extremely high levels of corona based on those bats behind him.

1:02.4

I'm hoping you're not eating those in a soup or something, which I don't even know if that is that the

1:06.5

working theory anymore. I lost track. But anyway, Stephen is surrounded by many bats. And I mean,

1:12.7

it could be the rabies that he has for his erratic behavior as well. But that being said,

1:17.9

he's back. And then we've also got Roland Wolf here, our guest of the day. Really, the agenda for

1:24.4

today is, you know, it's been old. Geez, I mean, time flies. I mean, I've told this story so many times. It's like, to me, like, and maybe it's the same for you guys, maybe the listener. Like, 2020 was like the year that like never happened. It's like, it was so wild in the stock market that I don't think any of us ever left our computers. And then we were all locked down and stuff.

1:44.5

So it's like it's almost like there's this void in the timeline. But that being said,

...

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