Patrick Reid, a currency expert and trader, shares his journey of making a late career change and finding fulfillment in trading. He emphasizes the importance of being curious, taking risks, and not being afraid of failure. Patrick discusses the difference between trading and gambling, the presence of scammers in the industry, and the need for individuals to do their due diligence. He also shares tips for managing the high levels of risk and uncertainty in trading, including having a structured routine, talking to friends, and writing down tasks and goals. Everything Patrick says can be appied in other areas of life.
takeaways
- Late career changes are possible and can lead to fulfillment and success.
- Being curious and willing to take risks are important qualities for making a career change.
- It's crucial to do your due diligence and be aware of scammers in the trading industry.
- Managing risk and uncertainty in trading requires a structured routine, a support network, and effective risk management strategies.
Patrick is a currency expert with over 15 years experience in trading FX and propriety desks. He has accepted a role as Visiting Lecturer at The University of Cambridge and is Co-Founder of The Adamis Principle which mentors traders at all levels.
During his career he has mentored clients from Goldman Sachs, JP Morgan and Credit Suisse. His passion is nurturing and finding talent within young people has led him to partner with The Youth Group and Jack Parsons, The UK’s chief youth officer. Adamis Principle’s outreach to less fortunate young people is a top priority for him.
Patrick has regular meetings with FX traders at The Bank of England for research and academic discussions only.
https://www.adamisprinciple.com/
https://www.linkedin.com/in/patrick-reid-5b51bb21/?originalSubdomain=uk
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