Raja Banks: SMC Is All False, Losing $100,000, Coming Clean | EP.39

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  • Опубліковано 21 сер 2024
  • In this episode of The Words of Rizdom Podcast we are joined by Raja Banks✅
    -
    TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter.
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    0:24 - 6:30 - Starting in Trading
    6:30 - 8:00 - Success Mindset
    8:00 - 12:32 - Moving to Canada
    12:32 - 15:39 - Having Responsibility
    15:39 - 18:54 - The Importance of Sales
    18:54 - 26:41 - Handling Social Pressures
    26:41- 34:11 - Building Confidence
    34:11- 41:41 - Trading Progression
    41:41 - 44:01 - Lowest moment in trading
    44:01- 51:36 - How Raja Changed
    51:36- 56:51 - Trading With A Job
    56:51 - 58:56 - Is Trading Haram? (Not Permissible)
    58:56 - 01:04:31 - Moving to Pakistan
    01:04:31 - 01:12:04 - Why did Raja start teaching?
    01:12:04 - 01:13:32 - Magic Keys
    01:13:32 - 01:20:32 - Polarising Social Media
    01:20:32 - 01:23:02 - Astro FX
    01:23:02 - 01:27:02 - Buying Assets
    01:27:02 - 01:36:12 - Magic Keys and Dominion Markets
    01:36:12 - 01:39:57 - Trading on your own broker
    01:39:57 - 01:42:22 - Multiple Income Streams
    01:42:22 - 01:51:12 - Is SMC Legit?
    01:51:12 - 02:02:13 - Quick Fire Questions
    Raja's Magic Keys: www.magickeys....
    Raja's Broker: www.dominionma...
    Raja's Instagram: / rajabanks
    Raja's Twitter: / rajabanks
    Riz’s Instagram: / wordsofrizdom
    Riz’s Twitter: / wordsof_rizdom
    🔴 Free Telegram Community! 👉🏽 t.me/pocketsof...
    I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽
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    Feel free to get in touch with the details below.
    Where to find me:
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    Twitter: @Wordsof_Rizdom - / wordsof_rizdom
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    Email: riz@thevipergroup.com
    Website: www.thevipergroup.com
    Viper Instagram Page: @viper.group - / viper.group
    #Forex #tradingpodcast #podcast #forexpodcast #forexmindset #investingpodcast #propfirm #podcaster #ICT #ICTConcepts #SMC #SmartMoneyConcepts
    DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only.
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КОМЕНТАРІ • 1 тис.

  • @wordsofrizdom
    @wordsofrizdom  Рік тому +101

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    -
    TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter.
    ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️
    www.tradezella.com/?_ef_trans...

    • @Khary_Rock
      @Khary_Rock Рік тому

      👏🏿👏🏿👍🏿
      Another great interview sir!!
      I'm glad I was able to find your content. I appreciate that your questions seem like they have a deeper purpose and that you reach for a real meaning and understanding. Great job!!

    • @mackinsadiukwu1533
      @mackinsadiukwu1533 Рік тому

      Have you thought of interviewing successful stock traders. The similarity in our trading journey is great. There is no forex trader doing podcasts that's tapping into the success stories in the stock markets. What do you think?

  • @MBK.191
    @MBK.191 Рік тому +114

    Good risk management and discipline are the 2 Pillars of Trading, no matter which strategy you use

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +9

      This I can agree with! Thank you for tuning in 🫡💙

    • @Basi2666_
      @Basi2666_ Рік тому +1

      💯crct

  • @leslietheunissen7847
    @leslietheunissen7847 Рік тому +229

    what Michael teaches on his youtube channel i have seen play out in real time over and over again.. ICT is a blessing!

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +6

      Amazing to hear; thank you for tuning in 🙏🏽

    • @sanjunior7781
      @sanjunior7781 Рік тому +4

      Exactly

    • @NopeNope78
      @NopeNope78 Рік тому +25

      Don’t you think this is a confirmation bias? Like, you’ve seen this happened and working because you focused on the times it worked out the way you intended it to, and ignored all the times it didn’t work.
      Because I’ve personally seen his methodology fails on multiple occasions, just like ANY other system, not saying his is worse. But people put him on a pedestal

    • @itisbaalijutt8553
      @itisbaalijutt8553 Рік тому +3

      Most of the peoples don't know about dominate market b class copy 🤣🤣🤣

    • @nkosenhlembatha5425
      @nkosenhlembatha5425 Рік тому +5

      It does play out from time to time just like any strategy with an edge, it works because its a pattern in the market not really because of the ideas and terminologies he use

  • @Hello-eq3fw
    @Hello-eq3fw Рік тому +347

    Smc, retail, flip a coin, doesn't matter, it's all down to the individual and his own style and how he perceives it. Seen multi-millionaires trading snr and smc so its all down to you. Either way this is gonna be great

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +29

      Couldn’t agree more! Definitely going to be an insightful one for sure 🫡🔥

    • @olaolara883
      @olaolara883 Рік тому +3

      Right! Taking his perspective as truth.

    • @cherif1903
      @cherif1903 Рік тому +3

      Speakin facts

    • @davidjohnsen4240
      @davidjohnsen4240 Рік тому +2

      DumbRajaConcepts dont work

    • @kenya8716
      @kenya8716 Рік тому +12

      This 1000 times over, find the process that works for you.

  • @samricher
    @samricher Рік тому +24

    Had the same story. Started as an accident.Lost 100k in the first year. All my savings gone. This year I’m killing it. I think the sooner you experience pain the faster you bounce because trading is 90% psychology

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      There’s definitely an element of pain tolerance that’s involved for sure! Glad to hear things are going well, thank you for tuning in 💙

    • @samricher
      @samricher Рік тому +1

      @@wordsofrizdom absolutely. Great content by the way. You should get Tom Huggard on your show. He is a high stake trader for more than 20 years.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      @@samricher appreciate that a lot! I will definitely look to reach out to him 🙏🏽

  • @tothetopcurt
    @tothetopcurt Рік тому +168

    Smart money is a lie for him because he never fully learned how to use it. He learned his way. I’m a believer that all strategy works. You just have to work it right. I can never bash another strategy..especially if people are making money off it.. I would be delusional to. Say it ain’t working. But much love to him.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +41

      That’s it I think really it comes down to what works for the trader themselves which could be any methods

    • @McFlySince86
      @McFlySince86 Рік тому +25

      It’s the builder not the tools.

    • @krisfx8388
      @krisfx8388 Рік тому +8

      dude he is showing sport cars and wears sunglasses during an interview in a dark room… he most know something 😜 aaaaand he promotes a cheap broker in every story he has the chance … yes sure smc doesn’t work because this dude says so hehe

    • @P_Money_Man
      @P_Money_Man Рік тому +18

      @@McFlySince86 as ICT always says the concepts didn’t fail you did

    • @edwardamevor9921
      @edwardamevor9921 Рік тому +3

      ​@@P_Money_Manfacts 🔥, u failed urself, not the system or strategy.

  • @LWGTV
    @LWGTV Рік тому +74

    Those 2 hours pass away like nothing as I enjoyed every single minute listening to it! 2 great minds coming together and speaking lots of facts and giving out great value 🔑💯 thanks for this banger episode and also Raja for making that happen 💪

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +2

      Incredible to hear brother. Appreciate you support always and means a lot to me 🙏🏽💙

    • @kingkevmakemoneyonline4747
      @kingkevmakemoneyonline4747 Рік тому

      I can't add anything else, 100% agree with what you say!!

  • @taniTrades
    @taniTrades Рік тому +25

    Wow I didn’t even realize it was 2 hours, it flowed so well. Loved the energy, questions, topics and laughs. Great episode! 🎉

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +3

      Amazing to hear! Thank you for supporting! Hope you enjoy pasta and future episodes 🫡🙏🏽

  • @charlydesue66
    @charlydesue66 Рік тому +21

    Thank You! 1-2 trades a day is really a gamechanger also focus on winning not loosing! If you loose a trade you loose! Don't go and try to get back the loss you gonna end up loosing your entire account!

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +3

      That’s it! Massive notes to be taken on them and no doubt highly beneficial for many to learn!

  • @husmulli
    @husmulli Рік тому +20

    Great podcast! As a trader that's recently become consistently profitable I can say the psychology factor has been the biggest thing. Exactly how you and Raja explained.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +4

      That’s great to hear man! That’s it; you can trade any edge but everyone who wishes to be consistent needs discipline 🫡🙏🏽

    • @glxtch4599
      @glxtch4599 Рік тому

      Hey man
      Any chance you’d be keen on hooking me up with your strategy…I mean all I can really do I learn so if you’re down to chat to me about your profitable strat I’m down for a zoom call ?

    • @drewcrank6929
      @drewcrank6929 Рік тому +1

      I have struggled to get past the psychology issues, any advice you’d give on how you got past them?

    • @husmulli
      @husmulli Рік тому

      @@drewcrank6929 Number 1 thing is journal and risk management. When you journal and be honest to yourself you’ll see the mistakes you are making then when you are self aware of those mistakes you’ll slowly learn by not doing each one till there’s hardly any mistakes to make. I agree when raja says 0-2 trades per day. Remember each trade is entirely it’s own trade and the previous trade or future trades have no effect on the current one. Take one trade at a time regardless on if the previous one was a loss or not that way you don’t chase losses :)

  • @hasanaboudahesh6370
    @hasanaboudahesh6370 Рік тому +12

    never been so happy listening for the same guys for 2 hours what a combo that was iam honored to be one of the listeners of this pod

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      That’s incredible to hear thank you for tuning in, please subscribe for future content 🫡

    • @go737
      @go737 Рік тому

      Barry no combo jumbo mombo ,just try if trade good you lucky or you not ,that trade not lucky that's it,no mumbo jumbo bla bla bla,risk management like martingale system

  • @BILAALFX
    @BILAALFX Рік тому +8

    This was the best episode the biggest issue i was have before was falling in to these nicknames its all the same just focus on where the next candle will go, you can say its FVG,Imbalance, or clean candles SMC,SRC whatever i have to watch this again and again Thanks for you Brothers Gold Bless You✌🏼

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Couldn’t agree more! Focus on what is clear to you! Thank you for watching and hope you enjoy future episodes too! 🫡

  • @Mobanks
    @Mobanks Рік тому +11

    BEST PODCAST EVER, SO SO MUCH KNOWLEDGE not just from Raja, but Rizdom as well. Rizdom basically answered every question in his perspective before posing it to raja . we basically got two in one interview , two perspectives from two great minds. Thanks for this. Jazakallah Khair

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      That’s amazing to hear! Thank you for your kind words! 🫡🙏🏽

  • @Sirpemma
    @Sirpemma Рік тому +11

    This was a verrry healthy interview, ngl I didn’t used to like raja because of his back and forth with Ict but this interview gave a different perspective and I’m in love with his personality, his thoughts process and how he views life. Keep doing what works for you man , big ups… nice podcast Riz though you know what you did with the title lol

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Amazing to hear! That’s what podcasts is all about, giving a different view and insight into a person. Haha I know but that’s also apart of the podcasting world too 😂🙏🏽

    • @Sirpemma
      @Sirpemma Рік тому

      @@wordsofrizdom was on point 🫡

  • @Jason-ih7pl
    @Jason-ih7pl Рік тому +6

    Great information brother I'm 22 year old student and started 8 month ago with trading, I thought yeah trading is easy money and took the risk, it is easy money if you know what to do. So I lost al my saving money in forex and did'nt know what to do at that moment. With my last 300 euro I bought a funded account and passed on it and got close to al my money back, I was really happy with it but The past 3 weeks I got like a big losing streak I blowed my funded account and now close to blow my second funded account. I was losing confident about my trading but thanks for this video I feel like I got al my confident back and its even higher cause its just the process and I'm not the only one that happen to him. Thank you for such good value!

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +2

      Incredible story and believe me it’s very common. Just take your time before tackling the next funded challenge, have your system and trading plan down and well tested! 🙏🏽

  • @Tradersflux
    @Tradersflux Рік тому +8

    Let me just say, this man is a great interviewer, good job my man!

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Hey man! I appreciate that a lot! Just learning as we go on and hoping to get as much value out as possible 🙏🏽💙

  • @shbmsrto
    @shbmsrto Рік тому +10

    Some valuable lessons here for me. I'm documenting my ICT trading journey here on UA-cam 👊🏿 Respect from Jamaica 🇯🇲 🎈

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +2

      Amazing to hear! Best of luck and thank you for tuning in 🫡🙏🏽

    • @shbmsrto
      @shbmsrto Рік тому +4

      @@wordsofrizdom thank you 👊🏿

  • @Chilli69Palmer
    @Chilli69Palmer Рік тому +4

    Here is the thing though. If you recognize a pattern that happens a few times a week, certain times of the day and succesffuly with it, then it works for that individual. I only trade at a certain time of day and I only look for trades that hit imbalances or highs and lows. If I dont see that I don't trade. I think most people rush into SMC and expect it to be the holy grail. Find what works for you and stick with it. Like I said there are days where I dont trade at all and that saves me in the long run.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Definitely a sound assessment for sure and I think it’s all individual and what works for one person may not work for the next 🙏🏽

  • @muitree5246
    @muitree5246 Рік тому +3

    Only 1 thing who determine success in trading..
    Risk Reward Ratio.. no matter what type of technique we use..

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Interesting take. Thank you for tuning in 🫡

  • @wasikejoseph9544
    @wasikejoseph9544 Рік тому +3

    U guy i enjoy your podcast. Am a trader on my way to success. Ur podcasts always inspire me that i will be successful one day by listening to success stories from traders who have made it

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      That’s amazing to hear, thank you for tuning in and hope you enjoy past and future episodes too. 🫡

  • @Gws525
    @Gws525 Рік тому +12

    Gotta say, very impressed. Not just because of the guest (I've been a student of Raja since 2018, now FT trader) but because of your interview style/ skill, and the production value. You ask great questions, let the guest talk, and the studio is extremely professional. Subscribed.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +3

      Thank you very much. Appreciate your kind words they mean a lot and I’m still developing as a podcast host. Check my first few episodes it’s a different person 😂😂

    • @solofelix1
      @solofelix1 Рік тому +3

      Yea his questioning is excellent and he's so calm about it.

  • @kirubeldemelash9371
    @kirubeldemelash9371 Рік тому +3

    am watching this episiod for the 3rd time. I don't know raja before still don't know him but. his story is really amazing. I have watched every episode on this podcast and raja is one of the best. Rizdom tnxs man for creating this amazing contents

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      That’s amazing to hear! Thank you for your continued support, there’s plenty more to come 💙🙏🏽

  • @meals24u
    @meals24u Рік тому +1

    Saw that Raja posted a link this interview so I had to check it out!
    *WOW! It’s actually really really good!*
    I really enjoyed this!
    And I definitely resonated with the Canadian topic. I was born and spent 19 years in South America, then moved to the West, Canada specifically, started my own business (12 years ago) and built a nice Life for me, my wife and my 4 girls!
    But Canada changed after the 2016 Election, the social fabric, the politics, the schools, everything, and the Pandemic was what really brought this to life! And I am now SERIOUSLY thinking about relocating my family. Wish I had the balls like RAJA to say Let’s go next month! Lol
    Lack of Freedom in so many ways, Digital ID, 15 minute Cities, WEF money, corrupt colleges, etc the List goes on!
    Glad to see someone else’s opinion on this!
    Thanks for sharing this wonderful Interview! Amazing way to spend the Sunday evening.
    Blessings

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      That’s amazing to hear! Glad to hear you enjoyed and hope you subscribe for future and past episodes too.
      I hope you find a solution to moving too! 🙏🏽🫡

  • @halilonut7956
    @halilonut7956 Рік тому +14

    A lifelong lesson to be learned for anyone who is considering going down the path of trading. Thank you Riz and Raja for putting the time and effort into this podcast, QUALITY CONTENT AND VALUE!

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Amazing to hear and thank you for your kind comments! Hope you enjoy future episodes just as much 🫡💙

  • @joshdels
    @joshdels Рік тому +5

    To my strong mentor raja and uncle ted.. you are some beast in the industry... in terms of discipline and patience top tier... in terms of education it is almost free in your youtube, definitely a consistent Chad trader!!

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Thank you for watching hope you enjoyed, be sure to subscribe for future podcasts 🫡

  • @neru4629
    @neru4629 Рік тому +13

    Very high quality podcast. Feels like ESPN but for trading 🤩🤩🤩

  • @maryahannah503
    @maryahannah503 Рік тому +9

    Such a great episode and the quality of it is insane, love seeing the growth of the podcast and can’t wait to see what 2023 has in store for it 🙌🏽

  • @VertexInvesting
    @VertexInvesting Рік тому +21

    Well done again Riz on another great podcast. Well presented and amazing quality brother ❤

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Thank you brother! Appreciate you so much as you know 🫡💙

  • @aboudeh_
    @aboudeh_ Рік тому +5

    Amazing podcast as always with the OG I came Pakistan after his last visit two days back and I didn't meet him but I hope I will see him live as he encourage me more. GOD bless you guys

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Amazing to hear. Glad you enjoyed and no doubt you’ll make that happen 🙏🏽

  • @Lurke1000
    @Lurke1000 Рік тому +4

    Great podcast,its like music to your ears some of those key things that you actually need to hear to impliment in your day to day trading,just one session,one to two trades a day and come back the next day rinse and repeat,its the hardest to be disciplined. Raja is like a unicorn in the industry,the journey could be much more longer and painful.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Glad you enjoyed the podcast! Definitely major keys from the podcast! 🫡🙏🏽

  • @Aaron.trades
    @Aaron.trades Рік тому +8

    First time coming across the channel and I gotta say, one of the best trading pods I have watched. Great chat Riz, just subbed! 🔥

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Amazing to hear my friend! Appreciate the support and kind words! 🙏🏽

  • @ahsanfarooq55
    @ahsanfarooq55 Рік тому +5

    never watched 2hrs podcast and enjoyed it ..thanks Riz and Raja.

  • @trades217
    @trades217 Рік тому +5

    Sticking the the plan is soo important! Day by day step by step trade by trade

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Couldn’t agree more! Thank you for watching 🫡💙

  • @HipHopTheme
    @HipHopTheme Рік тому +3

    Oh snap, can’t wait to listen to this on the car ride back home

  • @morgansteyn
    @morgansteyn Рік тому +6

    i fell in love with this podcast last month

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Amazing to hear and so many more episodes to come 🫡💙

  • @balafrancisfx
    @balafrancisfx Рік тому +4

    The next time they ask you Raja something you have no idea...just admit you don't know. SMC is not false and if you ever learnt SMC from ICT you will see how precise you could have been. I don't want to talk about your Smart Raja course that i took but show me any other person doing what you are doing with your concept...ICT is still the game changer...you all are using his concept with a different name. Admit that this guy ICT knows this thing. He s been in it long enough to teach you guys what works...right from baby pips

  • @AlbertBurgess
    @AlbertBurgess Рік тому +25

    Solid episode as always my brother broke the trade space with this one 😂

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Hahha mental honestly! Didn’t expect this much! 🤯😂

  • @theegreatestever2420
    @theegreatestever2420 Рік тому +5

    ABSOLUTELY LOVED THIS ONE! With love from South Africa. I also stopped the ICT stuff cause there was just soooo much information that was unnecessary to be profitable and it felt like somethings were just being said to sound smarter than everybody which I just hate cause as a teacher myself, I also believe things should be explained as simply as possible

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Amazing to hear! Thank you for your comment and feedback. Hope you enjoy past and future episodes too 🙏🏽

  • @fortisfortunaadiuvat5641
    @fortisfortunaadiuvat5641 Рік тому +1

    Every time I watch Raja ,I get nuggets, 49 minute..Thankyou.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Amazing to hear! Glad you enjoyed, be sure to subscribe and check out the latest episode 🙏🏽

  • @Andrew_FX
    @Andrew_FX Рік тому +3

    Best podcast ever for sure, amazing experience, but... using indicators is not bad, bad is not mastering the technique. Thanks for all your knowledge.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      That’s great to hear! Thank you for tuning in 💙🙏🏽

  • @fidelekabeya6290
    @fidelekabeya6290 Рік тому +7

    I have been smiling the whole interview...Rajabanks you're an amazing person...MashaaAllah

  • @Fxwinger
    @Fxwinger Рік тому +6

    I kept on rewatching this podcast
    Alot of values
    Thank you Riz and Raja for this

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Amazing to hear brother! Thank you! 🙏🏽

  • @mackinsadiukwu1533
    @mackinsadiukwu1533 Рік тому +1

    Riz I see you implemented the same thing you did with your viral youtube short on this video with provoking SMC title. It's very smart. Your podcast and "B the trader" channel that interviews very successful stock traders are the 2 trading podcast that are really packed with priceless gems. That MUST change the lives of people that are truly listening.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      That’s amazing to hear! Thank you for tuning in and your kind words. We have so much more to come 🙏🏽💙

  • @chriscotter5147
    @chriscotter5147 Рік тому +12

    Loving this latest drop mate. Lots of wisdom and straight talk. This one going to be the biggest one yet

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Thank you man, glad you enjoyed it! Looks like it 🙏🏽🔥

  • @mutebilatinz4578
    @mutebilatinz4578 Рік тому +6

    The trader's masterpiece podcast ever🔥🔥🔥🔥🔥🔥

  • @kenneth8232
    @kenneth8232 Рік тому +4

    It goes back to the person using the system, the problem is not the system but the person behind it.

  • @cleeeeeeeeve
    @cleeeeeeeeve Рік тому +3

    I agree with him 100% that SMC is FALSE.. it all comes to the basics of highs and lows and support and resistance (supply and demand) which everyone knows .. believe me

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Interesting thank you for your comment and hope you subscribe for future content

  • @imtheslickest
    @imtheslickest Рік тому +1

    One of the best things about this interview are the follow up questions. Rip was really listening and interested in him. That’s key!

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      That’s great to hear. Thank you for the kind words and feedback 💙🙏🏽

  • @maxtradesofficial
    @maxtradesofficial Рік тому +4

    Just finished ! Loved it all.
    Thanks Riz & Raja, top podcast

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Amazing to hear brother! Thank you for tuning in as always 🫡🙏🏽

  • @deejayjangwani9099
    @deejayjangwani9099 Рік тому +6

    From the live comments I see ICT,,believe me he is coming here before the year ends,This will be the much awaited interview and guess who will show up after that,Larry Williams,Am new here but I dont think am going anywhere,loving it to the tick...Nice job Rizdom

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      That would be incredible and extremely humbling. I will continue to work hard until then 🫡🙏🏽

    • @SuperDinosaurx
      @SuperDinosaurx Рік тому

      💪🏽ICT

  • @rickfrolics
    @rickfrolics 5 місяців тому +1

    "The journey itself is the reward." - This is gold.

  • @kev_Irungu
    @kev_Irungu Рік тому +4

    49:02 explaining the beginner's luck so on point man Props to you.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Appreciate that man, very powerful Lesson I definitely took on board 🙏🏽

  • @jonathanquick2574
    @jonathanquick2574 Рік тому +3

    This Raj guy is speaking 💯. Amazing podcast and the presenter is great 💪🏽

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Great to hear! Thank you for tuning in 🙏🏽💙

  • @cherif1903
    @cherif1903 Рік тому +4

    Awesome discussion! Food for thought podcast with Ibby

  • @MarshillMars
    @MarshillMars Рік тому +12

    Thank you for this podcast 🙏🏽 the questions you ask are honestly what most of us would love to ask and get the relevant answers. Thank you Riz, you're a great Podcast Host 🇿🇦

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      You’re welcome. I’m so glad to hear that brother. I hope you enjoy past and future episodes too! 🙏🏽

  • @rosiemeee5932
    @rosiemeee5932 Рік тому +16

    This is my first time watching podcast and I love it. There is so much to learned. Thank you guys.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Amazing to hear! That’s what it’s all about, hope your enjoy future and past episodes too 🙏🏽

    • @papaqinkoasd
      @papaqinkoasd Рік тому +1

      @@wordsofrizdom Same here :D

  • @sharifolayan6271
    @sharifolayan6271 Рік тому +9

    I predict this will be your most views yet

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +2

      Quite an easy prediction 😂 but thanks!

    • @sharifolayan6271
      @sharifolayan6271 Рік тому +1

      @@wordsofrizdom let’s see if ICT will agree to a follow-up interview

  • @angus3963
    @angus3963 Рік тому +1

    Great interview and a fellow Canadian too! My second video on the channel and another banger!
    Looking forward to going through more of them, I don't doubt the rest will be a gold mine of knowledge and experiences which are invaluable to new traders or those aspiring to be one (such as myself).
    As someone who's been in high tech sales for 20 odd years the skillset is HIGHLY transferrable and I'm getting a greater appreciation for the mindset it's put me in, you MUST get used to hearing no or losing a deal at the 11th hour after a ton of work/time invested.
    Embrace the suck, believe in your process and continue to execute, learn and refine.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      That’s incredible to hear! Thank you for tuning in and sharing your comment with us.
      Definitely I agree it’s very transferable and a lot of people who have that experience will know.
      I hope you enjoy the past and future episodes too 💙🙏🏽

  • @kiimo2176
    @kiimo2176 Рік тому +4

    I been following you since long time Riz this is massive archivement to hit 10k in less then 24h I enjoyed I always every podcast a lot of value. keep the good work congrats.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Thank you! That means a lot and always appreciate my OG followers who have seen the journey! Hopefully many more to come 🙏🏽🫡

  • @belfasttiger
    @belfasttiger Рік тому +7

    Great interview, great structure, great value, keep up the good work!

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Amazing to hear! Thank you, hope you enjoy past and future episodes too! 🙏🏽

  • @herikaniugu
    @herikaniugu Рік тому +4

    Trading Math for Risk Management is all that matters

  • @houstontrading
    @houstontrading Рік тому +5

    We need an official time stamp guy for this video.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +2

      Time stamps have been updated as I know they were out of sync but should be good now 🙏🏽

    • @houstontrading
      @houstontrading Рік тому +1

      @@wordsofrizdom Ok, Cool. Udaman!

  • @Amanam_uko
    @Amanam_uko Рік тому +5

    I actually cried when watching this.. it is soo me right now, but I believe I will pull through

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +3

      Wow! You know what to do, take action! 🫡

    • @AVENTUS7777
      @AVENTUS7777 Рік тому

      Let’s cry together bro and

  • @MellowMusic1
    @MellowMusic1 Рік тому +5

    Amazing 🔥. Two legends unite

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Thank you! Appreciate your continued support 🫡

  • @nurain8292
    @nurain8292 Рік тому +3

    Great interview. Raja My favourite trader keeps trading simple n honest . Dubai can't wait to be there soon !

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Amazing to hear, glad you enjoyed! 🙏🏽🔥

  • @dileepbanks
    @dileepbanks Рік тому +2

    Every trader using their unique strategy. Raja using his simple support and resistance method.its a scalping method ❤❤❤

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Indeed everyone can succeed using different methods for sure

  • @mahdinor8376
    @mahdinor8376 Рік тому +1

    I never thought that I will spend such a time watching podcast of two people talking . But you changed my mind I'm now being addicted to your channel ❤.
    If I can suggest one question for your guests " do they youse technical or fondamental . And whats there advice for fondamental where to learn what books " that will help me alot
    btw im already funded I just want to learn more specially fondamentals and thank you ❤🙏
    God bless you 💪❤

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      That’s incredible to hear! Thank you for tuning in, be sure to subscribe for future episodes. Check out Joe Olashugba episodes for fundamental trader

  • @dharmeshparbhoo5248
    @dharmeshparbhoo5248 Рік тому +7

    One of the best podcast Riz... loving it... Keep them coming... 💙💥

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Thank you brother! Appreciate it a lot and plenty more to come 🫡💙

  • @bald2boldsmp
    @bald2boldsmp Рік тому +7

    Raja, I know you are a profitable and successful trader but you don't need to put down others to lift up yourself. You are better than that. There are many SMC traders out there making good profits as well.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +2

      This is true but people are entitled to their own opinions and we must respect that there’s thoughts on both sides 🙏🏽

    • @kyl83
      @kyl83 Рік тому

      He is a fraud. He owns the broker and doctor all the FX book records. Rizdom is a joke to allow such a podcast.

  • @chieftainmo
    @chieftainmo Рік тому +9

    I thank you so much brothers for clearing things up for me. I was trading demos last year and it was workin on for me I passed many trails using candlesticks and having adequate risk management. I then got sidetracked by this ICT way of trading the algorithm my results took a turn and went bad. I will go back to what was working for me again thank you. #rajabanks

  • @basharatsher9293
    @basharatsher9293 Рік тому +10

    Gambler traders don't understand SMC.
    Michael is Gem, but waiting to listen him why he failed.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Respect it! Excited to get your opinion after 🫡

    • @yassinetalbi5884
      @yassinetalbi5884 Рік тому

      People will just bash on SMC even tho they don’t understand 10% of it ..

  • @jerryoti4077
    @jerryoti4077 Рік тому +3

    Hopefully we Spotify audience will get this soon.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Hopefully over the next few days 🙏🏽

  • @franciscolara3497
    @franciscolara3497 Рік тому +6

    i stood the whole 2 HOURS - watching this ! - fucking amazing !! i got to really know RAJA - amazing knowledge - GEMS - 350 likes

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Appreciate that! The energy is real! Glad you enjoyed 💙🙏🏽

  • @bhp000
    @bhp000 Рік тому +2

    I remember years ago on IG he said he doesn't need an expensive watch to tell time!
    Goes on a major level up and money run.
    Hey guys! I just bought this cool ahh Rolex. It's a great investment too 😂😂😂😂

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      What else would you do with all the money? It makes sense when still growing but at a certain level I bet it’s a no brainer but to enjoy the finer things specially if you like them.

  • @Fikdeejay256
    @Fikdeejay256 Рік тому

    Found this UA-cam through TikTok great knowledge am humbled to have found this. Much love from Uganda

  • @pauluchiha1031
    @pauluchiha1031 Рік тому +6

    the part where he says God and the market are two different things i felt that 😂😂😂

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Hahaha tell me about it! I’m sure a lot of people have been there 🙏🏽

  • @marcgrady2689
    @marcgrady2689 Рік тому +6

    Any strategy works in trading. It’s a probability and numbers game. Just find your edge and run with it. At the end of the day we’re all here to make money and whichever plan makes you money CONSISTENTLY is what matters. Really don’t like it when people DOWN PLAY STRATEGIES just because it didn’t work for them.
    Advice for new traders; Trading is 85% PSYCHOLOGY , 10% RISK MANAGEMENT and 5% STRATEGY. Focus more on your psychology and money management. Thank me later ✌🏾

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +2

      Great comment and definitely something traders should focus on. Thank you for tuning in 🫡

    • @marcgrady2689
      @marcgrady2689 Рік тому +1

      @@wordsofrizdom You’re welcome… Great channel 👏🏾

    • @amitgurung6499
      @amitgurung6499 Рік тому

      Raka scams most profits are also offline 😂😂

  • @thelifeofpaladin
    @thelifeofpaladin Рік тому +1

    Lets go another great video thanks for the value Riz!

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Thank you so much brother, always appreciate the support 💙🙏🏽

  • @tradergravee7622
    @tradergravee7622 Рік тому +2

    There is SMC and there is ICT, similar but there is a difference with in 20% of it. Mostly with support and resistance. For example SMC still believes in buying and selling pressure not ICT. So there are some differences

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Great comment, thank you for your support 🙏🏽

  • @dj_fxbobby
    @dj_fxbobby Рік тому +7

    Such an impactful podcast and life story 🙏🏽

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Amazing to hear, thank you for tuning in! 🙏🏽

  • @nouman9058
    @nouman9058 Рік тому +4

    Awesome Podcast and a great guest... Also best Podcaster 🤩❤️🎉🔥

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Thank you so much, means a lot! 💙🙏🏽

  • @charmjasmi
    @charmjasmi Рік тому +1

    it is very long session, 2 hr ! but i finished it in one sit and enjoyed it! it is my first episode listening yours, you are very good interviewer! a lot of knowledge and insight shared in this talk. as a trader myself, I had total resemblance and journey you both discussed! took pretty much same corrective actions to rise up from those mess! Thank you both for this beautiful talk and all efforts taken into this. with all best wishes to you both!

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Incredible to hear! Thank you for tuning in and hope that past and future episodes can be just as usual for you!

  • @ElectroCrunkKidz
    @ElectroCrunkKidz Рік тому +2

    It would have just been best to say he doesn’t understand the concept and it did not work for him. To say, “SMC is all false..” then go on to say that he is “..not good with complicated words.” Just leads me to believe he didn’t fully dive in nor could grasp it and just quit. What I did take from this is he is business savvy and he used this for marketing purposes and he really knows how to spark up debates and make people talk. In that sense it’s a smart tactic. More people watching this means, more traffic to his business.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      It’s very interesting. Definitely he is extremely smart with business and creating debate/conversation

    • @ElectroCrunkKidz
      @ElectroCrunkKidz Рік тому

      @@wordsofrizdom Yeah my mind just keeps me running back to his door to door sales story, then thinking about how many people watch this, to how many people are going to check out his raja concepts and possibly buy his concepts. Making it similar to SMC.. but SRC, purely marketing. Overall wish this guy well, you made this interview worthwhile with you questions.
      *The only plot twist is going to be Paladin comes on to debunk this video.

  • @babssodiya2928
    @babssodiya2928 Рік тому +3

    Smart money concept is a language.
    That you can't speak it fluently doesn't mean no one can

  • @richardgait5644
    @richardgait5644 Рік тому +4

    You are a great and intelligent interviewer.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Appreciate that a lot! Thank you and hope you enjoy future podcast also 🙏🏽

  • @nowavering
    @nowavering Рік тому +2

    1-2 trades really really matters change my WHOLE mentality Now im profitable 💯

  • @tradecast-podcast
    @tradecast-podcast Рік тому +1

    Cool Podcast mate !

  • @InfiniteSkyTrading
    @InfiniteSkyTrading Рік тому +13

    This quote is great! LMAO. "Listen just focus on 1 or 2 trades for 2 months. If things don't change? Go back to your old ways and KEEP LOSING!" 😂😂😂😂😂😂

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +3

      Lol! Definitely was a great quote and it’s true but most won’t be disciplined for that amount of time!

  • @KExchange
    @KExchange Рік тому +3

    Best podcast by far 🤯

  • @crypsmart3927
    @crypsmart3927 Рік тому +1

    the best trader to learn from - ty for having him on

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      You’re more then welcome. Thank you for tubing in 🫡

  • @jamesesparks
    @jamesesparks Рік тому +1

    Riz you have the gift of gettting to the right point to get the right information. surely this is the gift of GOD to you.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      That’s great to hear! We have much more of this incoming 💙🙏🏽

  • @wajidullah2812
    @wajidullah2812 Рік тому +5

    ICT Michael j huddleston is ur dad bro
    He is the mentor of all mentors

  • @Born_to--Die--
    @Born_to--Die-- Рік тому +4

    Michael is a Legend SMC God💓

  • @Iammannyq
    @Iammannyq Рік тому +2

    I think every single person forget smart money concepts did originate bc someone made it popular. It all stems from Supply and Demand Stock Traders and Turtle Soup who figured this out years ago and the backend of the entire S/D (or now SMC) concept is Volume and Fair Value. Price moves to from large volume points in the markets. It’s unbelievable how marketing can absolutely create a cult in the trading space and that’s bc everyone wants to seem smart and seem like they know what they are doing. I trade and educate based on the principles of trading, all these names now days are amusing. People need to do their research. Stay woke.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Love your comment thank you for watching and hope you enjoy past and future episodes 🫡💙

  • @MaxWesterlund
    @MaxWesterlund Рік тому +4

    Great stuff!! I just love Raja`s energy

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +2

      Definitely a high energy personality! Much respect to him for sharing as much as he did 🫡

  • @befxtrader
    @befxtrader Рік тому +3

    Great podcast. First time ive seen your content. Must say that you have a very natural and elegant conversation style. Very easy to listen to and great follow up questions. Will definitely go back and listen to previous conversations. Great work.

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Thank you very much! Appreciate your feedback and kind words! I hope you enjoy the past and future episodes just as much 💙🙏🏽

  • @kaizerchimp1619
    @kaizerchimp1619 Рік тому +3

    outstanding quality podcast, 100k subs before 2025

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Thank you! Let’s crush that goal 🫡🙏🏽

  • @Lonwolf.
    @Lonwolf. Рік тому +2

    Shout out to you man for the time stamps 🔥

  • @ShareefusMaximus
    @ShareefusMaximus Рік тому +2

    That thobe looks incredibly elegant. I'd like a kamis like that. 👍

    • @wordsofrizdom
      @wordsofrizdom  Рік тому +1

      Thank you! Have to thank the Dubai tailors for that one 🫡

  • @LHFutures1
    @LHFutures1 Рік тому +3

    Crazy podcast bro, proud of how far you’ve come already! Was a great watch

    • @wordsofrizdom
      @wordsofrizdom  Рік тому

      Thank you man, appreciate it always 🙏🏽