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Trading Education Posted by Team Topstep October 22, 2020

Finding Happiness in Trading with Jacob Rudge

Episode Summary:

There are unlimited ways to make money these days so if you’re consistently unhappy with your career, it may be time to move on. Many people get into trading because of the money and the status but that doesn’t mean that trading is for everyone. Jacob Rudge is the founder of TradeHappy, a website and community dedicated to developing happy, fulfilled traders. He joins Jack to discuss tips for cultivating joy as a trader and offers advice on the right time to move on. Listen for TradeHappy tips.

Full Show Notes:

The media often portrays trading as a get rich quick scheme. The reality however, is that trading is a job like any other and it is a job that contains a high degree of stress. Many trading education programs focus on how to trade, but not many offer tools on how to find personal happiness while trading. Jacob Rudge of TradeHappy wants to change that.

On today’s episode of Limit Up! Podcast, we’re diving into why mindset matters, what tips you can use to cultivate more happiness into your trading, and when it might be time to move on. Listen to the episode to learn Jacob’s tips.

  • (00:55) – Market Reaction
  • (04:15) – Interview with Jacob Rudge
  • (04:51) – Learning to trade
  • (07:18) – Risk management
  • (08:48) – TradeHappy
  • (12:41) – Cultivating creativity
  • (15:58) – Staying positive
  • (17:10) – Moving on
  • (21:03) – Misconceptions around forex
  • (24:55) – Trader’s Podcast
  • (27:56) – Take time and seek instruction

Jacob Rudge is the Founder and CEO at TradeHappy. He is a 22-year-old from Leicester, UK and has been trading for almost 4 years. TradeHappy combines trading education with well-being, happiness, and lifestyle mentoring to give traders a complete package.

 


What is Limit Up?

Limit Up! is a podcast for traders of all levels brought to you by Topstep. Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory. Risk Disclosure: https://www.topstep.com/risk-disclosure/

Jack Pelzer is a co-host of Limit Up! He traded as part of a U.S. Treasury group for 7 years at Chopper Trading and DRW. After leaving the industry, he became a Writing Fellow and Senior Contributing Writer for The Onion. He is now the Head of Content at Topstep.

Dan Hodgman is a co-host of Limit Up! Prior to coming to Topstep Dan traded 30 Yr Treasury Options and Yield Spreads. Before that, he served in the United States Marine Corps where he simultaneously managed his own Futures Account applying the skills he grew up learning from clerking on the trading floor. Now Dan works with the Traders here at Topstep as a Performance Coach as well as being a regular on the Daily Market Recap.

Attend a free group coaching session offered every Wednesday at 1PM CT to get an idea of what Topstep Performance Coaches offer: https://zoom.us/webinar/register/WN_nZpAita9Rz-2_yMUjtkvpw

If you’d like to receive new episodes as they’re published, please subscribe to Limit Up! in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show.

Podcast episode production by Dante32.