Risk is the most misunderstood tool in trading. In this deep-dive interview, Troy Noonan (creator of Backpack Trader) reveals why most traders fail, how to build belief in your system, and how to create a profitable business that takes just minutes a day to run.
🔥 Learn more and get Troy’s free training: https://backpacktrader.com/legacy
In this episode:
0:00 – Intro
3:00 – Why risk feels scary, and how to reframe it
7:00 – The 4 legs of the trading stool
13:00 – The mindset shift that changed everything
20:00 – Day trading vs. swing trading
28:00 – $50/day → $10K/month formula
33:00 – The compounding ramp to freedom
48:00 – Legacy, time freedom, and choosing your life
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