Market Wizard EXPOSES The 6 Biggest Trading Myths | John Netto
Words of Rizdom
91,445 views
Chart Academy: https://www.chartacademy.com/
40% OFF Alpha Capital Group (Code: RIZ): https://link.alphacapitalgroup.uk/eq7m8X
50% OFF Alpha Futures (Code: RIZ): https://link.alpha-futures.com/k9V5Az
On this episode of the Words of Rizdom podcast we are joined by John Netto. John is the author of The Global Macro Edge and is featured in Jack Scwager's Unknown Market Wizards. John's impressive career saw him serve in the US marines where he formed an impenetrable level of discipline before becoming a trader. His decades of experience in the markets allowed him to famously turn $100K into $3.1M within a very short timeframe with a max drawdown of only 15% over the term. He's now shifted focus into the untapped niche of law within trading where traders can place positions on the outcomes of lawsuits, John's incredible career truly marks him as a "Jack of all trades". I hope you guys enjoy this incredible episode!
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SUBSCRIBE NOW & Like this video to help us continue to bring the best verified traders in the world. turn on notifications to never miss a new video, we post new episodes EVERY Thursday 3pm GMT/ 10am EST with verified traders.
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30% OFF Deepcharts (Code: CF): https://my.deepcharts.com/redirect/pr...
Join the Market Journal community for weekly direct market insights for FREE 👉 https://www.market-journal.com
Use Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://refer.tradezella.com/riz
Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom
____________________________________
Connect with our guests:
https://x.com/johnnetto
https://Theproteantrader.com
https://uorlegal.com
____________________________________
Connect with Words of Rizdom:
Instagram: wordsofrizdom
https://x.com/wordsofrizdom
Instagram: realriziqbal
___________________________________
Timestamps:
00:00:00 Introduction to John Netto: Market Wizard and Author of The Global Macro Edge
00:04:21 Understanding Market Regimes and Trading Strategies
00:12:15 Understanding Endogenous vs. Exogenous Alpha
00:16:12 Understanding Trading Analytics and Automation
00:20:08 Understanding Risk Budgets in Trading
00:24:03 Debunking Trading Myths: Risk and Return
00:28:08 The Role of Emotions in Successful Trading
00:31:57 Holistic Approach to Trading: Algorithms and Manual Decisions
00:43:50 Understanding the Netto Number in Risk Management
00:51:47 Mastering Discipline in Trading: Lessons from the Marine Corps
00:55:41 Maximizing Returns with Dynamic Bet Sizing
01:03:52 Surviving a 70% Loss in 11 Seconds
01:07:56 Turning $100K into $3.1 Million: A Personal Journey
01:11:54 Predictions for 2025
Disclaimer:
The content on Words of Rizdom is for informational and educational purposes only and should not be considered financial, investment or trading advice. I am not a licensed financial advisor, and the strategies, opinions, and commentary shared are based on personal experience of the respective guests. We are not personally affiliated with any of the guests featured in our episodes. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom.
Trading and Investing involves risk, and you should always do your own research or consult with a qualified financial professional before making any investment decisions. You are solely responsible for your financial decisions. This channel and its creator are not liable for any loss or damage arising from the use of information presented in videos.
20 Comments
I took note of "Being aware of those A+ setup or opportunities and being prepared for them in term of risk management and good edge makes you a better trader"
Rande Howell is fantastic must find that interview.
The John Netto number he invented was really interesting and I suspect it will stand the test of time.
I like the idea behind envying the results but do you envy the process.
Market Wizard EXPOSES The 6 Biggest Trading Myths | John Netto
Words of Rizdom
91,445 views
Chart Academy: https://www.chartacademy.com/
40% OFF Alpha Capital Group (Code: RIZ): https://link.alphacapitalgroup.uk/eq7m8X
50% OFF Alpha Futures (Code: RIZ): https://link.alpha-futures.com/k9V5Az
On this episode of the Words of Rizdom podcast we are joined by John Netto. John is the author of The Global Macro Edge and is featured in Jack Scwager's Unknown Market Wizards. John's impressive career saw him serve in the US marines where he formed an impenetrable level of discipline before becoming a trader. His decades of experience in the markets allowed him to famously turn $100K into $3.1M within a very short timeframe with a max drawdown of only 15% over the term. He's now shifted focus into the untapped niche of law within trading where traders can place positions on the outcomes of lawsuits, John's incredible career truly marks him as a "Jack of all trades". I hope you guys enjoy this incredible episode!
____________________________________
SUBSCRIBE NOW & Like this video to help us continue to bring the best verified traders in the world. turn on notifications to never miss a new video, we post new episodes EVERY Thursday 3pm GMT/ 10am EST with verified traders.
____________________________________
30% OFF Deepcharts (Code: CF): https://my.deepcharts.com/redirect/pr...
Join the Market Journal community for weekly direct market insights for FREE 👉 https://www.market-journal.com
Use Code “RIZ10” for 10% Off or Code “WOR” for 20% off 👉 https://refer.tradezella.com/riz
Free Telegram Community! 👉🏽 https://t.me/pocketsofrizdom
____________________________________
Connect with our guests:
https://x.com/johnnetto
https://Theproteantrader.com
https://uorlegal.com
____________________________________
Connect with Words of Rizdom:
Instagram: wordsofrizdom
https://x.com/wordsofrizdom
Instagram: realriziqbal
___________________________________
Timestamps:
00:00:00 Introduction to John Netto: Market Wizard and Author of The Global Macro Edge
00:04:21 Understanding Market Regimes and Trading Strategies
00:12:15 Understanding Endogenous vs. Exogenous Alpha
00:16:12 Understanding Trading Analytics and Automation
00:20:08 Understanding Risk Budgets in Trading
00:24:03 Debunking Trading Myths: Risk and Return
00:28:08 The Role of Emotions in Successful Trading
00:31:57 Holistic Approach to Trading: Algorithms and Manual Decisions
00:43:50 Understanding the Netto Number in Risk Management
00:51:47 Mastering Discipline in Trading: Lessons from the Marine Corps
00:55:41 Maximizing Returns with Dynamic Bet Sizing
01:03:52 Surviving a 70% Loss in 11 Seconds
01:07:56 Turning $100K into $3.1 Million: A Personal Journey
01:11:54 Predictions for 2025
Disclaimer:
The content on Words of Rizdom is for informational and educational purposes only and should not be considered financial, investment or trading advice. I am not a licensed financial advisor, and the strategies, opinions, and commentary shared are based on personal experience of the respective guests. We are not personally affiliated with any of the guests featured in our episodes. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom.
Trading and Investing involves risk, and you should always do your own research or consult with a qualified financial professional before making any investment decisions. You are solely responsible for your financial decisions. This channel and its creator are not liable for any loss or damage arising from the use of information presented in videos.
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