Retail Capital: The Day He Lost $80,000
Retail Capital returns to the shop to talk about his recent road trip in the United States and his extended stay in France, before discussing his new project, Trade with Retail. After that, RC shares the story of the day he lost $80,000 and how it changed his approach to risk management. He discusses the balance between manual trading and algorithmic trading and the importance of journaling in his trading journey.
In this conversation, Retail Capital and Kyle discuss various aspects of trading, the struggle with patience, improving trading setups through analysis, goals for the year, and developing a bulletproof trading framework.
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About Retail Capital:
Retail started trading a decade ago and has blown accounts while having a lot of fun, pain, and tears along the way. In 2022, he turned pro, a decision that has been the best choice he has ever made. He recognizes that he is far from being the greatest trader out there, but he loves what does and works every day towards becoming one of the best scalpers. Retail also has a passion for programming and he develops algos that trade live with real $. He mostly trade $NQ and $BTC (more recently).
Links:
Retail Capital Substack
Trade with Retail - Podcast
Follow Retail on Twitter