Ep. 35: Trading Wisdom from a Veteran- Dive into Steven Orr’s Proven Methods
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📢🎙️ New Episode Alert: Lightspeed Investing Podcast Ep 35 with Steven Orr Part 3! 🎙️📢
Join us for an insightful deep dive into trading with Steven Orr, a seasoned trader with over 32 years of market experience. Hosted by Philip Jayhawk Chan, President & CEO of Lightspeed Investing, this episode explores Steven's trading principles and practices.
In this episode, Steven shares invaluable insights on:
🔹 Risk Management: Set stop losses around 15% for futures and maintain a 70% win rate. Adhere to a disciplined approach to managing risk and reward. 🔹 Daily Routine: Begin market preparation as early as 3 AM, trade 50-200 contracts daily, and follow a disciplined approach to start your trading day. 🔹 Mindset: Emphasize the importance of a positive mindset, good sleep, and a morning ritual that includes music and news to gear up for trading.
Steven’s rules combine his personal experiences and insights from top traders. His recommended reads include:
📚 "One Up on Wall Street" by Peter Lynch: Invest in what you know. 📚 "The Richest Man in Babylon": Value of multiple income streams. 📚 "Reminiscences of a Stock Operator" by Edwin Lefèvre: Insights into market mechanics and psychology.
🎙️ Don’t miss out! Tune in now on to gain actionable insights and strategies that could transform your trading game. Watch the episode on 👉 LinkedIn and elevate your investing journey!
Also on📺 YouTube
🎧 Ready to Share Your Story on Lightspeed Investing Podcast? 📅 Schedule your call with our host, Philip: https://calendly.com/lightspeedinvesting
#Investing #Trading #Podcast #FinancialFreedom #LightspeedInvesting #StevenOrr #MarketInsights #RiskManagement #DailyRoutine #Mindset
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