057: Jesse, @PsychoOnWallSt – $500k of “Beginner’s Luck” and How to Thrive as a Part-Time Trader

This interview podcast features Aaron Fifield interviewing Jesse ("PsychoOnWallSt" on Twitter), a trader with a few years of experience. The conversation begins with Jesse's unconventional career path leading to his discovery of trading, followed by a detailed account of his experience with the marijuana stock boom, including a rapid rise to $500,000 and an equally swift loss. Jesse then discusses his current trading approach, a hybrid of day trading and swing trading, focusing on a limited number of high-probability setups identified through trial and error. He emphasizes the importance of emotional control, risk management (with a 1% max loss rule), and scaling into positions. Finally, Jesse shares his passion for animal welfare and encourages listeners to support local animal shelters.