Episode Details
Back to EpisodesAlex Rodriguez on Day Trading Discipline: From $60K Loss to Consistent Profit
Description
I am joined by a friend of mine and daily livestream co-host Alex Rodriguez, who shares his background from Puerto Rico and the Dominican Republic to building a career and businesses in the US. Alex describes how he started day trading options during the 2020–2021 bull market, grew an account quickly, then lost profits and more in 2022, prompting deeper education and a focus on perspective, planning, and risk management. We discuss how live streaming creates accountability, reduces overtrading, and reinforces patience through defined setups, confluence, and rules like “two strikes” and being “one and done.” We go over the importance of realistic expectations amid recent social-media trading controversies, while Alex outlines goals to steadily grow his live account and target regular payouts across multiple prop accounts over the next year.
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Trading is risky; most traders lose money. None of what you hear or see on this podcast is to be considered financial advice. It is for education and entertainment purposes only.