5ive Beatz: From Prison to $150,000 in Payouts | WOR Podcast - EP.117

On this episode of the Words of Rizdom podcast we are joined by 5ive Beatz. A music producer turned funded trader who produced music for Nines, Potter Payper & Pop Smoke. 5ive was sentenced to prison after spending an early part of his life involved in crime. 5ive got into trading and has now achieved a massive $150,000 in payouts in less than nine months! An incredible journey and a lot to take away from this podcast!
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Guest's Socials:

  / 5ivebeatz  
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00:00:00 - Intro
00:03:34 - From Music to Trading: Finding Independence
00:06:59 - Reflecting on Past Choices
00:10:20 - Switching to Music
00:13:41 - From Hardship to Success in the Music Industry
00:16:53 - Working with Travis Scott
00:20:03 - Finding a New Path in Trading
00:23:28 - The Importance of Mental Strength in Trading
00:26:59 - Finding a Legit Mentor
00:30:21 - The Journey of Success and Learning Every Day
00:33:24 - Taking a Break and Slowing Down in Trading
00:36:38 - Learning from Financial Mistakes and Staying Disciplined
00:39:48 - Learning from Drawdowns and Humbling Experiences
00:42:54 - Overcoming Fear and Taking the Risk
00:46:09 - The Importance of Proper Risk Management
00:49:24 - Applying the Skill Set to Prop Trading
00:52:47 - The importance of trading discipline and simplicity
00:56:12 - Proper Risk Management and Data Analysis
00:59:48 - The Journey of a Trader
01:03:18 - Always a Student, Always Learning

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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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