6 Figure Pro ICT Trader's Journey Into Futures Trading: Fair Value God | WOR Podcast - EP.106
Ойын-сауық
In this episode of the Words of Rizdom Podcast we are joined by Fair Value God (Zach Smith). Zach is primarily a Futures Trader that saw an opportunity for greater success after taking the leap from Options. In this podcast we discuss developing your trading strategy and psychology, the importance of self-analysis and building good habits, and the importance of creating authentic content.
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Fair Value God's Instagram: / fairvaluegod
Fair Value God's Twitter: / fairvaluegod
Fair Value God's KZread: / @fairvaluegod
Riz’s Instagram: / wordsofrizdom
Riz’s Twitter: / wordsof_rizdom
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I hope you all enjoy this episode, let me know who you'd like to see on the podcast. 🙏🏽
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Timestamps:
0:00 - Introduction
2:10 - Where did fair value god come from?
5:05 - Importance of networking in trading
6:04 - Switching to Futures
11:55 - Getting comfortable with being uncomfortable
13:21 - Efficiency, high value & success
17:20 - Proof of concept
20:08 - Why switch to Futures Trading?
22:52 - Why did Zach choose ICT?
29:53 - How ICT’s concepts elevated Zach’s trading
32:34 - How to avoid overtrading
35:05 - Zach’s hobbies and past times
39:06 - Zach favoured Risk/Reward
41:04 - Chasing perfection
42:58 - Accumulating capital
50:14 - Scaling capital
56:52 - Zach’s goals with trading
59:40 - Growing your account or withdrawing?
1:01:15 - Zach biggest and best trade
1:05:30 - What ICT traders are doing wrong
1:07:30 - Zach’s one lesson for all traders
1:08:54 - Advice on Journaling
1:10:3 - Final words of advice from Zach
1:12:44 - Fair Value Gaps deep dive
1:14:32 - Plans for the future
DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only
#trading #forextrading #innercircletrader #futurestrading
Пікірлер: 136
Thank you for having me on. It was a pleasure!
@EsAyh
2 ай бұрын
Bro thank you
@therealalext3503
2 ай бұрын
whatta fuckin guy, props to you brother
@Dingdong10.23
2 ай бұрын
Next Time take a tight T shirt to show off your muscles. I have been seeing you showing pics of working out so let us see if you really walk the talk. Or you're full of ....
@Trendlines_mc
2 ай бұрын
Damn so you are FairValueGod 😂, only followed you on Twitter
@the_only_way00
2 ай бұрын
love u man❤
I got so much from this interview: 1. Learn a few concepts and just watch the prices play out live. See if it consistently plays out, then move over to demo and see if that proves consistent, then move over to live account if you are consistent and do the same thing. I realize I have been approaching my trading all wrong, all backwards wondering why I can't get consistently profitable . 2. If you look back at how you used to be and you don't cringe, you haven't gown much. Get 1% better each day. Just awesome stuff, I really like this guy's way of thinking. He resonates with me.
I personally resonate with FVG more than anyone else you've had on the pod simply because our journey is so similar . It was a pleasure to watch & I got lots from this - thanks Rizz & big up to everyone 🍀
Zack has a humble manner , his personality is excellent. 👏
Enjoyed this video, and have been following Zach for a while on Twitter and YT. Although we did find out some info from his past, it might have been somewhat more advantageous had the different stages of his journey been more thoroughly dissected as to how old he began trading, how many years in did he find ICT, how many more years from there until he became profitable, during those years what were the biggest struggles, etc... On many of Riz's videos he goes into those details which is why I have listened to many of his podcasts, but I'm a bit bummed the picture wasn't as complete here. Felt this interview wasn't as structured as previous ones or that Riz didn't put too much effort beforehand. Either way, I did enjoy watching:)
hearing this man speak is such a delight
A very insightful video 😊 enjoyed every bit of it . Thanks Riz for bringing him on .
Definitely If u don't have Discipline everything goes to waste ... Been working on it hope I became disciplined 😢
Its kinde of a moment of joy and excitement every time you upload a new podcast. Im thinking for 2 weeks now moving to futures, 3h from now i will have more insights, 1-2h after i might make my decision. Thanks for that huge value brother. Never stoo.
Great dude. That ‘walk to manhood’ ritual his family do is quite beautiful.
@IMCTrades
13 күн бұрын
Legit
Very good interview 👏 Funny thing I started my journey on demo, and soon after that live fund til I lost 80% in a CPI trade. After that, I went back to demo to make sure I was ready for it. Save capital to put in to the market. Not borrow because I understand that I will put a stress on my like anything else.
Being able to trust technicals when the fundamentals are blurry is what ICT brought to the table 23:21
29:18 The biggest take is that ICT concepts can be too deep if you try to implement every single aspect. Find the one that resonates and put the rest in the backseat till you need it
Lovely episode, thanks Riz
Riz nailed it!
great podcast as always riz 🎉🎉
Superb podcast ❤
Masterpiece Thank You @FairValueGod
I found the most success foxusing on weekly expansion and taking displacement away from daily liquidity sweep mostly Tues Weds at certain times a day
@undeadmystro4806
Ай бұрын
SAMEEEE dude😤🔥🔥
Great conversation 🔥
thinking of switching over to futures myself… great conversation as always👏🏿
@orangastang5291
2 ай бұрын
You should
I spend 3years backresting the financial market charts . There are 2 charts on the markets. Electronic trading hour chart Regular trading hour chart for fundamentals.
Awesome job ❤
Waiting for the Diamant episode and I'd love to see Arjo on here as well bro Love the work
Great podcast 🎉
I agree Rizdom, @FairValuegod does articulate himself well!!!!
Funny I found him first on Twitter, then KZread. Great podcast
Riz, it would be really interesting for your community to bring Nick Shawn to your podcast, offcourse if you are openminded enough to hear what is on the other side of the coin!
I have been thinking of moving to futures to be honest, i think futures prop firms forces u to be discipline and not fuck up what u gain and not gain too much so fast as well
@LifeSugar
2 ай бұрын
Yeah let me tell you that trailing drawdown is a real bitch lol But if you manage your positions and emotions well that shouldn't be a problem. I do agree that it makes it more challenging compared to FX firms.
@quintonmaldonado8368
Ай бұрын
Darwinexzero if you wan't to be paid based on realistic expectations, licensed broker and an actual plan to work with longterm profitable traders. People just don't understand the math of it and go with the pretty numbers prop firms promise.
Thanks for these podcasts
Thank you Riz.
Valuable content thank you♥️
Thank you for live 🙏
How come your Spotify is not updated??? Love the content, I listen to it at work so I need it not Spotify 😢😂
Forex requires patience and knowing that you will not be rich overnight. Rather, it requires mastery of work and patience. And risk management because it is a market full of risks and also full of money, but the greed of some traders is what leads everyone to losing accounts, and patience also leads to excellent results. Good luck, professionals❤❤❤
100% bet bro is going to encourage the factor and importance of LOWERING RISK
Masterpiece podcast
This is Awesome Pod. Thank you @Words of Rizdom
When did u become first year profitable trader in year 3,4 or 5? Please ask this question to every guest, thank you
Great streaming. No doubt Fair value gap is especially popular among price action traders and occurs when there are inefficiencies or imbalances in the market, or when the buying and selling are not equal. Fair value gaps can become a magnet for the price before continuing in the same direction.
@divinasi0n
2 ай бұрын
How much do you get paid to provide engagement on this channel? Thinking of going down this career path too.. Is it worth it?🤔 I assume you're using AI to write generic comments like the other people I've seen with the same vibe. That must save you a lot of time over having to think of what to write huh?
Am here
Lovely 👏👏
Present Sir
Hey man. I see Omar said all traders who bought challenges in the last 30 days would be compensated. What happens to other traders who bought challenges further back?
@ury8213
Ай бұрын
chargeback with your bank dont depend on them.
@Dimi1002
Ай бұрын
Did it work for you
#antiriz
@wordsofrizdom
Ай бұрын
You’re in the wrong place 😂🫡
Lol, switched to futures, and all of a sudden, he's a genius 😂
Big episode
LuxAlgo 💯💯
LETS GET IT
@wordsofRizdom your interviews are awesome man.Please man if it is possible, can you Please interview @Emmanuel&ThapeloGoat. Their story is inspiring and has touched a lot of young African traders.
lets gooooo 🇰🇼🇰🇼🇰🇼🇰🇼
Not a fan of podcasts but this channel ❤❤❤❤
@gamekid99
Ай бұрын
@@wordsofrizdomm done
Speak about Finotive Funding scam. They eliminate traders accounts saying copy trading.
This video was fire as fuck i also think the camera man plays too much 😂
Why don’t you post on Spotify
@wordsofrizdom
29 күн бұрын
Much needed update to Spotify coming this week!
@salvadorvillalobos5462
29 күн бұрын
@@wordsofrizdom thank you brother! I listen to your podcast at work, and can’t play KZread.
yessss
❤
Bro please upload the Podcasts in 4K
Air the Trades By Matt Podcast already
Beautiful let's go oo
I still don’t get it. Every market has periods where it eats you alive… I’m of the mindset that if things aren’t salient, don’t engage.
How can you be in Miami and not interview Doyle Exchange
the market is the market no matter what you trade ...I don't get when he said when he change to futures he became profitable 🤔😅 futures is regulate and forex(cfds) not ..that's the only differents ...and in one you use contracts and the other lots 🤷
@Ezeani
2 ай бұрын
He transitioned from trading options to trading futures. Options is a completely different animal.
@JayBrad_TLM
2 ай бұрын
@@Ezeanidifferent yes, but not completely different It’s all about perspective.
@gabrielcarmnn
2 ай бұрын
@@Ezeani Animal action price Is the same in every market 🤡🤡
Be a man and enable the comments on your recent posts.
👆More Wisdom in Less Time. Lean ICT without sifting through the redundancy scattered within 600+ videos.
Most ict traders traped due to inducements the bigger factor!!
GG
I’m not sure this is a futures vs forex thing. Both sides have bittersweet moments that will make you wanna jump out of your chair but don’t 😅😅
I hate how you click bait people with your titles man
@wordsofrizdom
2 ай бұрын
Where’s the clickbait? 😂 he trades with 6 figures, he uses ICT concepts and trades futures?
lets gooo
"What i was looking for in trading," aka 1000x 😂
Ati forex Iz a scam!? It will never be
@evelyn_fx
2 ай бұрын
😂😂amatelo Aja ndofuna fast cash
$5000 for course.
😂😂😂
Fire that studio. They forgot to clean the TV and it’s bothering me so much 😂😂
funny how everyone you interview is either selling something or a wanna be influencer .
@vincentmitchell398
Ай бұрын
Who else would you interview genius, all podcasts interviews are generally influencers what a dumb comment
This is not the fair value god, I am. I am the true fair value god. And Arjoio of course, the original fair value god.
his playbook sounds dumb af, 2 trades a day , 2RR , ngmi
i realy love these podcast but we only see the ict traders here and on other podcasts all i hear is ict , ict, ict , hahaha. maybe someone that trades completely different would be interesting. you talked with someone in another episode that you think there are people that make probably even money with the moon cycles and what ever. Doesnt have to be that but another way of thinking would be nice to hear other then ict. i heard enough of ict.
@Dreamweavernow
Ай бұрын
It's all you need dafaq you worried bout if mercury is in retrograde??? 😂
Appointment of ICT(MICHEAL) TAP IF ANYONE WANT ❤❤❤❤
❤