REWIND: Two Blown Accounts, Third One's a Charm with Lydia Finkley

Lydia Finkley has a unique – and all too common – story. She was introduced to trading by her mother, an unusual start to a professional forex trading career. But from there, Lydia went through all the normal growing pains of a professional trader. She blew up two accounts, in short order, before scaling back drastically in her third. That’s when she started to learn a lot about herself and the market. Since then, she’s put a number of controls in place to ensure that she never experiences a loss like that again. 

• [03:21] Getting the Trading Bug
• [05:34] Learning the Markets
• [08:41] Getting back on track after unsuccessful trades
• [11:22] Checking on the market at particular times
• [15:33] Finding a trading strategy
• [18:22] Cash as a position
• [22:23] What to do when you’re in a position you shouldn’t be in
• [24:16] Starting out in electronic trading
• [26:14] Scariest Trade vs. Best Trade

Podcast episode production by Dante32.