My name is Etienne Crete, and I love the idea of trading Forex for a living but I was fed up with the non-applicable tips and sayings that get you nowhere. So I created a place where aspiring Forex traders can learn a solid process that will get them results and won’t let them down. The Desire To Trade Podcast has for goal to help you develop Forex trading skills for more freedom. I interview successful traders from around the world. My focus is on providing you with lessons from my personal trading experience and my conversations as I trade and travel around the globe.
440: Secrets From 30 Years Trading For A Living - Troy Noonan
Secrets From 30 Years Trading For A Living In episode 440 of the Desire To Trade Podcast, we will be listening to the recording of an interview with trading system developer, Troy Noonan, who shares secrets from 30 years of trading for a living. He really knows how to treat trading like a business. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:28 Who is Troy Noonan? 01:40How he started trading 03:56 What happened after his first good trade? 08:09 Going from live room to free open trading 09:59 Do you move to higher time frames for your trades when you want to have more freedom? 11:28 Troy's trading setup (see the video) 18:49 Basing your trades on data 23:42 How to find enough trades 30:26 Seeing trading as a hobby and not a business 31:44 Would you apply the same review process for swing trading and day trading? 36:30 People often expect to profit from trading and don’t expect to lose some money in it. 38:26 Where to find Troy Noonan (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! Where to find Troy Noonan Troy's email: troy@backpacktrader.com backpacktrader.com Resources mentioned: Day Trading Quickstart Guide Forex Trading Quickstart Guide 12 Power eBook What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
2/5/2024 • 40 minutes, 35 seconds
439: Secrets To Get Funded 6-7 Figures in 2024 - Michael Toma
Secrets To Get Funded 6-7 Figures in 2024 In episode 439 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Michael Toma and he shares secrets to get funded 6-7 figures in 2024. Listen to experienced traders discuss things you need to know about prop firms this year. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:54 Where are you with prop firms these days? 02:21 Knowing when you’re ready to scale up 03:46 How to figure out if you’re good enough to pass the challenge 04:55 Key pillars in risk management 06:31 Thoughts on the moving average strategy 07:41 Going above and going below is a bit unreliable 08:30 What about drawdowns? 09:47 Difference between options for drawdowns in prop firms 10:55 How do you fix it when you fail a prop firm challenge? 13:14 Common mistakes people make 14:34 Picking the right timing 16:52 Michael's opinion on backtesting 18:55 The future of prop firms 21:13 Difference between private capital and prop firms 22:47 Risk-reward - 1:1 vs 5:1 24:23 Higher win rate builds confidence 25:44 How to become Michael's student (link below) 27:05 Expert advisors (EA) trading 29:34 What is the best place to convert my strategies into algos? and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! Where to find Michael Toma DesireToTrade.com Desire To Trade Ultimate Prop Firm Trading Program What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
1/29/2024 • 31 minutes, 51 seconds
438: Story of a Professional Trader Since 1971 - Stan Ehrlich
Story of a Professional Trader Since 1971 In episode 438 of the Desire To Trade Podcast, we will be listening to the recording of an interview with trading legend, Stan Ehrlich, who shares his story as a professional trader since 1971. Take your trading to the next level with the inventor of the Ehrlich Cycle Finder. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:43 How Stan began trading 10:17 Do you use the same principles back then till now, or do you use different things? 19:29 Using engulfing candles (check the video for the screen share) 32:15 Looking at forex 33:31 Do you have targets for this, or do you just let it run? 35:41 USD-SGD 38:16 USD-MXN 40:30 USD-THB 41:00 Stan's extensive trading experience 47:22 Where to find Stan Ehrlich (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! Where to find Stan Ehrlich Email: info@ersignals.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
1/22/2024 • 48 minutes, 40 seconds
437: Day Trading High-Accuracy Fundamentals For A Living - Kathy Lien
Day Trading High-Accuracy Fundamentals For A Living In episode 437 of the Desire To Trade Podcast, we will be listening to the recording of an interview with fundamental trading expert Kathy Lien, and they talk about day trading high-accuracy fundamentals for a living. Learn a different way of seeing the market. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:47 What’s changed since we last spoke? 05:51 What makes a strategy that doesn’t have to be changed over time? 10:40 Trading the Asian session 15:30 Instruments Kathy uses in trading 17:32 Kathy's thoughts on prop firms 23:42 People have to be ready for a prop firm account 24:53 Does she recommend traders to do a demo or a live account? 25:47 More about fundamentals 29:27 Do you feel like fundamentals can be subjective or objective? 31:27 Judging the impact of a theme on the market 33:27 What are some of the big themes in 2024 and how will it affect the market? 35:37 Would that mean Kathy would trade more? 36:26 How to learn fundamentals 37:46 Where to find Kathy Lien (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! Where to find Kathy Lien YouTube channel: BKForex www.bktraders.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
1/15/2024 • 39 minutes, 23 seconds
436: The Legend Trading Using Astrology & Making Profitable Predictions - Norm Winski
The Legend Trading Using Astrology & Making Profitable Predictions In episode 436 of the Desire To Trade Podcast, we will be listening to the recording of an interview with the legend, Norm Winski, who talks about trading using astrology and making profitable predictions. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:43 Norm's trading focuses these days? 03:37 What brought Norm to trading in the first place? 07:33 Looking at astrology for trading 09:03 Gann's 1948 May Soybean Chart (watch the video to see screen) 12:43 Why new moons are important for currencies 15:54 How someone who uses technicals use Norm's information for better trading 16:54 Playing stocks with Norm's method 18:02 Using Gann’s principle for trading? 20:03 How to find Norm Winski (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! Where to find Norm Winski www.astro-trend.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
1/8/2024 • 21 minutes, 29 seconds
435: Full-Time Trader's Best Tips for 2024
Full-Time Trader's Best Tips for 2024 In episode 435 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Etienne and Alejandro discussing the best tips for 2024. 😎 Learn how to crush it next year! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 01:26 - What can traders do in 2024 to get them on the right track? 02:49 - 1 or 2 things they can start doing 04:52 - What is a development plan? 07:04 - Do algo traders need a development plan? 09:59 - About Cryptocurrency 13:02 - Alex’s personal trading resolutions 16:35 - Etienne’s personal trading resolutions 17:54 - Upcoming changes in 2024 for Desire To Trade members 22:16 - Algo-related changes and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! Learn More About The Desire To Trade Team www.DesireToTrade.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
1/1/2024 • 26 minutes, 42 seconds
434: What We Learned Trading Full-Time in 2023
What We Learned Trading Full-Time in 2023 In episode 434 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Michael Toma and Alejandro Perez discussing what they learned trading full-time in 2023. You wouldn't want to miss The Desire To Trade team sharing valuable insights to help you get better trading results in 2024. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 01:04 - Introducing Michael and Alex 02:32 - 2023 highlights 05:44 - Moving away from charts 07:37 - How do you keep trading while on a cruise? 08:53 - Algo vs. manual trading 12:34 - Future of prop firms 14:18 - What is the big factor in passing or failing a prop firm challenge? 15:44 - Will more people see trading as a game in the future? 21:20 - Algos working with prop firms 25:59 - How do you give yourself the best chance of being a profitable trader? 29:24 - Is watching and following on YouTube enough? and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! How To Find The Desire To Trade Team? www.DesireToTrade.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
12/25/2023 • 31 minutes, 30 seconds
433: The No-Cost Forex Funded Account Program - AxiSelect
The No-Cost Forex Funded Account Program - AxiSelect In episode 433 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Greg Rubin from AxiSelect and he talks about their no-cost forex funded account program. Find out why being with a community of growing traders makes a lot of difference. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:46 Who is Greg Rubin? 01:26 Motivations for Working on this Platform 02:53 What is AxiSelect? 06:08 Key Criteria for Giving Scores to Traders 07:14 Limitations (Unrestricted Trading Conditions) 09:12 Funding Opportunities Based on Brokers 10:11 Tips on How to Get Funded on AxiSelect 12:38 Cooldown Period 13:39 How Quick Does One Scale Up on AxiSelect? 17:06 How to Get a Rise in Edge Score 18:43 Resources Traders Get to Become Better 21:04 What’s in it for the Broker? AxiSelect’s Goal 24:43 What Platforms are Available for AxiSelect 24:57 Why AxiSelect? 27:12 Where to Sign Up for AxiSelect? (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! How To Sign Up for AxiSelect? www.axi.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
12/18/2023 • 29 minutes, 18 seconds
432: Ex-Floor Trader's Secrets To Success - Dan Passarelli
Ex-Floor Trader's Secrets To Success - Dan Passarelli In episode 432 of the Desire To Trade Podcast, we will be listening to the recording of an interview with ex-floor trader Dan Passareli and they talk about his secrets to success. News flash: It's not the end of the world when you have a losing trade! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:49 How Dan started trading 02:02 The learning curve for new traders 04:51 The benefits of teaching and trading 05:53 Helping people learn from what you teach them 07:42 Common mistakes of people taking courses 10:09 Dan's trading style 13:14 Making the options market more tangible 15:01 Good trading: simple or complicated? 16:33 Fixing a losing trade using options 18:31 Differences between options and regular trading 22:05 Dan's books and other resources (link below) 23:52 Advice to traders considering options trading and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! How To Find Dan Passarelli? www.markettaker.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
12/11/2023 • 27 minutes, 1 second
431: RISK MANAGEMENT For Trading - Michael Toma
RISK MANAGEMENT For Trading - Michael Toma In episode 431 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Michael Toma of the Desire To Trade team, discussing risk management for trading. Every trader needs to master this to get the best trading results. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:29 A different perspective on risk management 04:35 Keys to solid risk management 07:38 Implementing controls 10:23 How risk management helps you become a better trader 12:10 Math drives risk management positions 14:14 "Rinse-wash-repeat" 15:38 Exciting update! and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! How To Find Michael Toma? www.DesireToTrade.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
12/4/2023 • 16 minutes, 32 seconds
430: Trading Fully Automated: Secrets From An Algo Trader
Trading Fully Automated: Secrets From An Algo Trader In episode 430 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Alejandro Perez from the Desire To Trade team to discuss how to trade fully automated using algos. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:44 What's new with Alejandro? 01:46 The myths about algo trading 03:56 How to know whether your algos are working or not 06:03 Alejandro's insights when your sideways period lasts for a long time 08:21 How to create filters with algos 10:40 Thoughts on "earning while learning" 13:13 How to avoid over-optimization 15:20 Algos can either be the sexiest or the most boring thing 16:51 Learning how to code algos 20:05 Programming language to start with 21:08 Getting funded with algos 23:49 Important points on risk management 25:22 Know when to change settings 27:50 Algo trader lifestyle 28:58 Best weeks or months in algos 29:47 Where to find our algos (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! How To Find Alejandro Perez? www.DesireToTrade.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
11/27/2023 • 32 minutes, 3 seconds
429: Trading Tips No One Ever Told Me! | Forex Trader Motivation
Trading Tips No One Ever Told Me! In episode 429 of the Desire To Trade Podcast, we will be listening to trading tips no one ever told you. Have you thought about how successful traders learn to trade? What about creating a system that works? Let the experts show you how! Forex Trader Motivation playlist >> Watch the video recording! Here are the full interviews used in this Forex Trader Motivation video: Jason Sen Austin Silver Adrian Reid Daryl Guppy Chris Tate What will you start or stop doing after watching this video? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
11/20/2023 • 13 minutes, 54 seconds
428: Intro To Scalping Course - Michael Toma
Intro To Scalping Course In episode 428 of the Desire To Trade Podcast, we will be listening to the recording of the ultimate scalping intro course with expert trader Michael Toma. If you are serious about learning how to do scalping properly, this video is perfect for you! And it's FREE! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:57 Is scalping right for you? 01:39 Why consider scalping? 04:06 What appeals to you as a trader? 04:20 Requirements specific to scalping 06:03 Higher business costs of scalping 07:16 Qualify to be a scalper 08:53 Risk management, discipline, and patience 09:42 Own a strategy with edge and the ability to produce that edge 10:33 Manage trade size like a pro 11:50 What the best of the best scalpers do 15:59 Know "E-V" & math-edge always wins over time 17:39 The realities of scalping 18:50 Effort is not equal to results 21:22 Scalping requires lots of mental focus 22:15 Journaling and reviews 22:58 Brokers love you 23:33 Prop firms love you too 24:36 So you wanna be a scalper? 25:51 Apply to be a scalper 26:34 95% trade compliance requirement 27:20 Focus on 1-2 products 28:45 Intense learning from performance and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Michael Toma? www.DesireToTrade.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
11/13/2023 • 30 minutes, 44 seconds
427: "Anticipate The Market Like A Pro Trader" - Gary Dayton
Anticipate The Market Like A Pro Trader In episode 427 of the Desire To Trade Podcast, we will be listening to the recording of an interview with author and trading psychologist, Gary Dayton, and they talk about how to anticipate the market like a pro trader. How do you know when you're reading the tape properly? You'll learn how to do that from this interview. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:52 Tape reading overview 03:38 What is tape reading? 04:05 5-minute chart in the S&P (see video) 11:51 How to handle a break of the channel 23:03 What is too much of a pullback? 39:17 Looking at things in a logical way 39:32 Gary trading right into the close 43:44 Where to find Gary Dayton? (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Gary Dayton? www.TradeMindfully.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
11/6/2023 • 45 minutes, 50 seconds
426: The Myth of Trading Psychology | Forex Trader Motivation
The Myth of Trading Psychology In episode 426 of the Desire To Trade Podcast, we will discover the reality behind the myth of trading psychology. Learn the discipline of the most successful traders and what mindsets you need to let go of to become profitable. Forex Trader Motivation playlist >> Watch the video recording! Here are the full interviews used in this Forex Trader Motivation video: Sunny J. Harris Tyler Bollhorn Mandi Pour Rafsendjani Daryl Guppy Marc Walton What will you start or stop doing after watching this video? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
10/30/2023 • 10 minutes, 36 seconds
425: The Real Trading Legend - Sunny J. Harris
The Real Trading Legend In episode 425 of the Desire To Trade Podcast, we will be listening to the recording of an interview with legendary trader, Sunny J. Harris, and she talks about coding, backtesting, and some of the most important strategies to become a successful trader. You won't hear this trading advice anywhere! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:41 Who is Sunny J. Harris? 02:42 Making sense of trading books 03:27 What to do with strategies that cannot be coded 04:37The difference between trading before and after coding 06:59 Sunny's advice to traders who want to start coding? 07:50 Any language preference for coding? 08:44 The process of transferring from one platform to another 09:35 Where to focus your time to improve your trading 10:27 Any data issues during transition? 11:27 People using algo to trade better than those trading manually 13:29 Matching your trading strategy with your personality 14:32 Managing your trading routine 16:30 Sunny's new books (link below) 19:48 Fixing the differences between backtesting vs. live results 20:53 On optimizing your strategies 21:45 The simplicity of the Sunny Bands (dynamic moving average) 23:36 Where to get ideas for strategies 24:41 Building your strategy 26:36 How to find out the best period for your indicator? 28:20 Where to find Sunny Harris? (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Sunny J. Harris? Sunny J. Harris books on Amazon Website: moneymentor.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
10/23/2023 • 30 minutes, 45 seconds
424: "Day Trading Full-Time Using Price Levels" - Dave Floyd
"Day Trading Full-Time Using Price Levels" In episode 424 of the Desire To Trade Podcast, we will be listening to the recording of an interview with professional day trader, Dave Floyd, and they talk about day trading full-time using price levels. Successful day traders have their share of ups and downs, but you can learn how to stay profitable with the right strategies. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:45 What's new with Dave? 03:31 How different are pivot points from what he's working on now? 06:26 Using price levels to trade intra-day or other timeframes 07:41 Looking at price levels at the S&P 500 chart (watch the video for the screen share) 13:02 How do you deal with choppy days? 14:56 The best time to update the levels 16:04 Looking at the levels for day trading in the S&P and swing trading/position trading on fx 17:04 Choosing the pairs to trade (CAD/JPY) 18:30 How does he use stochastics? 20:51 Having an edge by being objective or subjective in trading 23:55 On discretion and experience, "old habits die hard" 25:38 Getting rid of bad habits as a trader 27:25 Important tips to make a living trading 33:15 The disadvantage of following the "stock of the day" 35:50 The sweet spot of instruments to trade 38:53 Where to find Dave Floyd? (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Dave Floyd? www.aspentrading.com YouTube: www.youtube.com/@DaytraderPod What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
10/16/2023 • 40 minutes, 50 seconds
423: "Ex-Institutional Trader Mastering Technical Analysis" - Steve Miley
"Ex-Institutional Trader Mastering Technical Analysis" In episode 423 of the Desire To Trade Podcast, we will be listening to the recording of an interview with ex-institutional trader Steve Miley, and they talk about mastering technical analysis. How do you get past analysis paralysis? Take it from the expert! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:39 How Steve started trading 04:45 Managing risks and returns for your capital 08:08 Steve's institutional trading background 12:14 What's his focus on trading? 14:44 Charts analysis overview 18:02 "If you're too simple, you don't have an edge in the market?" 19:08 On picking up strategies while growing as a trader 21:29 Be open-minded and keep moving forward 22:45 What's next for Steve Miley after leaving the investment banking world 30:56 Insights on day trading and quick returns 34:39 Steve's advice about trading timeframes 38:27 Where to find Steve Miley (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Steve Miley? tradeday.com Email: steve@tradeday.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
10/9/2023 • 41 minutes, 39 seconds
422: "You Don't Need To Trade Everyday To Make A Living Trading" - Chris Vermeulen
"You Don't Need To Trade Everyday To Make A Living Trading" In episode 422 of the Desire To Trade Podcast, we will be listening to the recording of an interview with technical trader Chris Vermeulen and they talk about why you don't need to trade every day to make a living from trading. How important is capital preservation? How do you define the waves in the market? The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:43 Who is Chris Vermeulen 04:05 Becoming a consistently profitable trader 07:22 What's Chris' trading style? 11:03 Looking at price to decide on what to trade 14:41 Defining the "waves" in the market 15:51 Understanding the asset hierarchy 19:41 When to hold a position or take profits 21:34 The CGS: "Consistent Growth Strategy" 21:12 Focusing on the long-term instead of taking a lot of trades 23:38 Tips on risk management 26:52 How to find out when to move to reversal mode 28:21 Chris' advice to traders on taking risks and following your system 33:12 Where to find Chris Vermeulen (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Chris Vermeulen? assetrevesting.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
10/2/2023 • 34 minutes, 31 seconds
420: Full-Time Automated Day Trader Success Story - Ceri Bryans
Full-Time Automated Day Trader Success Story In episode 420 of the Desire To Trade Podcast, we will be listening to the recording of an interview with professional trader Ceri Bryans, and she shares her full-time automated day trader success story. If you're one of those traders who get bored with backtesting, this interview might change how you see the benefits of backtesting for your long-term success. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:50 What's new with Ceri Bryans 02:17 Mechanical trading with MT4, Expert Advisor 02:33 Making the switch from manual to automated trading 04:40 On not preferring a high win rate 05:25 How to avoid fakeouts 06:36 Choosing the right time-frame 07:39 Ceri's backtesting strategy - MUST WATCH! (Video link above) 13:08 Backtesting 4 targets 14:14 Testing the NASDAQ on a 30-minute chart 26:05 Why should you do a backtest? 26:37 Backtesting manually or automatically? 30:41 The optimizing stage 34:40 Deciding on the risk per trade 37:47 Overestimating how much you're willing to lose 41:29 Advice for people who don't have time for backtesting 45:02 Difference between live and backtesting results 49:14 Ceri's thoughts on journaling 50:15 Where to find Ceri Bryans (info below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Ceri Bryans? Email Ceri Bryans What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
9/18/2023 • 51 minutes, 59 seconds
419: 10 Tips To Pass A Prop Firm Challenge
10 Tips To Pass A Prop Firm Challenge In episode 419 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Michael Toma, and they talk about 10 tips on how to pass a prop firm challenge. Becoming a 4-million-dollar fund manager didn't happen overnight. Hear it straight from a profitable trader. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:44 Michael Toma's background as a fund manager 01:52 Trading for a prop firm is a job 03:20 Passing prop firm challenges 04:48 Time limits with prop firms 05:35 On traders who do not follow the rules 06:41 Handling expectations 07:50 "Be a specialist at one or two things" 09:22 Respecting the market 11:57 Thinking bigger to grow as a trader 13:02 How to build a career in trading 14:02 Common mistakes among traders preparing for the prop firm challenge 15:26 What does it take to become a profitable prop firm trader? 16:30 Learn more about Michael Toma's Prop course on (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Michael Toma? desiretotrade.com Ultimate Prop Firm Trading Program What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
9/11/2023 • 17 minutes, 35 seconds
418: "The Mental Game of Trading" - Jared Tendler
"The Mental Game of Trading" - Jared Tendler In episode 418 of the Desire To Trade Podcast, we will be listening to the recording of an interview with mental game coach, Jared Tendler, and they discuss the mental game of trading. Learn how to bring yourself into a great mental state to improve your trading results. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:26 Who is Jared Tendler? 01:49 What's the difference between the mental game in trading and in other disciplines 05:22 How he helps traders level up in trading 10:04 The process of changing your mindset 17:09 Changing expectations with trading 20:16 Advice to traders who want to scale up 23:23 Traders have different systems 26:19 How does personality impact a trader's performance? 27:42 Jared's insights on the review process 31:24 The difference between your A-game, B-game, and C-game 33:46 What is a good trade? 34:22 Where to find Jared Tendler (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Jared Tendler? jaredtendler.com Twitter: @jaredtendler What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
9/4/2023 • 36 minutes, 9 seconds
417: "The Mindset of Highly Successful Traders" - Jerremy Newsome
"The Mindset of Highly Successful Traders" - Jerremy Newsome In episode 417 of the Desire To Trade Podcast, we will be listening to the recording of an interview with phenomenal stock trader, Jerremy Newsome, talking about the mindset of highly successful traders. Stop over-complicating things and get better trading results. Listen to this podcast for the best trading tips. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:27 What's new with Jerremy Newsome 01:42 Balancing trading and personal life 04:02 Choosing the right stock 05:21 How he chooses the stock he trades 06:36 Trading when you have "more" time 07:59 Improving your wealth mindset 08:52 Jerremy's 3-minute trade (shared screen on the video) 12:44 Building skills and your trading strategy 15:09 Sample trade on longer and shorter timeframes (shared screen on the video) 18:53 Explaining the 1.2 reward-risk 20:09 Taking care of your health 23:29 Jerremy's routine to stay healthy 25:49 Balancing trading and family life 27:54 Talking about money with people around you 29:23 Moving up to the next level 31:53 Insights on investments and scaling 33:57 Jerremy's advice to traders 36:11 Where to find Jerremy Newsome (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Jerremy Newsome? Jerremy's website: reallifetrading.com Email: jerremy@reallifetrading.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
8/28/2023 • 37 minutes, 44 seconds
416: The Future of AI & Trading Brokers - Richard Olsen
The Future of AI & Trading Brokers - Richard Olsen In episode 416 of the Desire To Trade Podcast, we will be listening to the recording of an interview with OANDA founder, Richard Olsen, and they talk about the future of AI & trading brokers. What's in store for traders with the rise of AI? Learn how to keep up with technology while consistently making money from trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:36 What's new with Richard Olsen 01:37 How he started trading 02:40 Getting started with high-frequency trading 03:30 The future of high-frequency trading 04:23 Predicting moves with AI 04:59 Is AI and high-frequency trading for everyone? 05:47 How OANDA & Lykke help traders 06:45 What makes them different from other brokers 07:45 Where is forex headed with crypto in the picture 09:05 Will crypto become more like forex? 09:44 Weather-like reports for crypto traders 11:40 Staying in the game despite high fees for crypto 12:41 Maximizing the fees 13:38 What to focus on for better trading results 15:06 Capital raising tips 16:00 Richard's advice to traders 16:59 Where to find Richard Olsen? (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Brad Jelinek? TradingLife Podcast by Brad Jelinek What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
8/21/2023 • 18 minutes, 15 seconds
415: The Reality of Trading For A Living - Brad Jelinek
The Reality of Trading For A Living - Brad Jelinek In episode 415 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Brad Jelinek, and they talk about the reality of trading for a living. New traders often have misconceptions about making money from trading. Find out the truth from a long-term trader. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:36 What's new with Brad 04:23 Trading AND investing 07:40 Finding your way through when you don't know what to do 11:52 Having a traders support group 13:50 Making trading work with kids 17:11 How to protect your finances while trading 19:34 Brad's income streams other than trading 22:52 Making money outside of trading 25:27 How Brad's trading routine look like 27:37 Mindsetting *before* trading 30:00 Benefits of goal-setting 31:11 Brad's powerful advice to traders 33:44 Where to find Brad Jelinek (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Brad Jelinek? TradingLife Podcast by Brad Jelinek What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
8/14/2023 • 36 minutes, 7 seconds
414: Secrets From 30 Years Day Trading Market Structure - Brian Shannon
Secrets From 30 Years Day Trading Market Structure - Brian Shannon In episode 414 of the Desire To Trade Podcast, we will be listening to the recording of an interview with expert trader Brian Shannon, and they talk about secrets from 30 years of day trading market structure. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:33 What's new with Brian? 01:05 When did he begin trading? 02:04 From a stock broker to a trader 03:12 How Brian's trading style changed through the years 04:18 Learning from classic trading books 05:37 Trading multiple timeframes 06:46 Figuring out his personality in trading 08:55 Brian's thoughts on VWAP 13:09 Picking his VWAP period 14:40 Reliability of VWAP 15:01 Coaching S&P traders 17:15 Discretionary or systematic? 18:11 What makes a good trading coach? 20:55 On traders overcomplicating things 22:31 Advice on sticking to a strategy 23:56 How Brian keeps on improving 25:28 Advice for people who are new to trading 26:23 His process of trading 26:56 Brian's advice to traders 27:35 Handling people's expectations 30:06 Where to find Brian Shannon (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Brian Shannon? alphatrends.net Twitter: @alphatrends YouTube: Alpha Trends Brian's books: Maximum Trading Gains With Anchored VWAP Technical Analysis Using Multiple Timeframes Stan Weinstein's Secrets for Profiting in Bull and Bear Markets What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
8/7/2023 • 32 minutes, 2 seconds
413: The Reality of Profitable Full-Time Trading - Brent Penfold
The Reality of Profitable Full-Time Trading - Brent Penfold In episode 413 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Brent Penfold, discussing the reality of profitable full-time trading. Are you on the verge of losing capital? You're about to hear the best advice about risk management and full-time trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:56 What's new about Brent? 04:39 How to avoid making your drawdown worse 09:27 Brent's advice for beginner traders on minimizing losses 15:30 Evidence-based trading 21:15 On strategies that don't perform as expected 26:18 Learning to trade multiple systems 35:44 Taking discretion off of trading 37:53 Looking at a 10-year period in the market (video link above) 42:29 Euro example (must watch - video link above) 48:55 Where to find Brent Penfold (book links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Brent Penfold? Brent's books: The Universal Principles Of Successful Trading The Universal Principles Of Successful Trend Trading What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
7/31/2023 • 51 minutes, 6 seconds
412: Full-Time Day Trader With 25 Years of Experience - John Kurisko
Full-Time Day Trader With 25 Years of Experience - John Kurisko In episode 412 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Day Trading Radio founder, John Kurisko. We talk about the discipline and patience every trader needs to *actually* make money from trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:38 Who is John Kurisko? 05:12 The power of focusing on one thing 06:33 Crash course on Stochastics 08:18 Play Book Trades (see video) 11:32 Things to look for in identifying a channel 13:38 Channel breakout and first pull-back 14:52 Coil stochastic sample (see video) 16:11 Futures chart example (see video) 19:26 Measuring the momentum 21:12 BONUS: Quad Rotation Rules (see video) 37:56 Building confidence and success in trading 40:26 John's advice on dealing with burnout in trading 43:01 Staying in the market vs. taking the time off 44:11 Should we be careful about an incoming recession? 47:42 Where to find John Kurisko? (links below)and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find John Kurisko? daytradingradio.com dtr.tv/free What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
7/24/2023 • 49 minutes, 13 seconds
PODCAST | 411: Million-Dollar Fund Manager Secrets To Success - Ray Barros
Million-Dollar Fund Manager Secrets To Success - Ray Barros In episode 411 of the Desire To Trade Podcast, we will be listening to the recording of an interview with the phenomenal fund manager, Ray Barros, discussing million-dollar trader secrets to success. You don't come across this kind of trader interview every day! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:28 What's new with Ray Barros? 02:15 The "wounded child" idea in trading 05:22 Identifying your bodily response to avoid trading mistakes 06:53 Should a trader work more on mindset or on strategy? 12:13 Journaling: pre-trade, during-trade, and post-trade 13:17 Qualitative and quantitative journaling 14:23 What might change with A1? 18:12 Learning AI for the long-term 18:35 Did Ray notice any changes in the market? 22:36 What does a recession mean for currencies? 23:26 What pairs does he trade? 24:03 How to find the right pairs to trade 25:16 Ray's thoughts on prop firms 29:42 The truth about making money from trading 33:26 On risking too much 33:45 Where to find Ray Barros? (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Ray Barros? www.tradingsuccess.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
7/17/2023 • 35 minutes, 1 second
410: Funded Trader's Success Story - Kaci Jackson
Funded Trader's Success Story - Kaci Jackson In episode 410 of the Desire To Trade Podcast, we will be listening to the recording of an interview with 5%ers funded trader, Kaci Jackson. Watch this funded trader's success story to learn how to start strong and keep making money from trading prop firm accounts. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:30 Who is Kaci Jackson? 01:10 Managing trading and a full-time job 02:33 How she started trading 05:21 Where did she learn trading from? 06:17 What brought her to prop firms 07:19 Kaci shares her first prop firm experience 09:12 Passing prop firm challenges 10:14 What about people who fail prop firm challenges? 11:40 The pressures of trading for prop firms vs. trading her own account 12:38 Being in a community with other traders 13:49 Kaci's trading style 16:13 Switching to a longer time frame 16:37 Advice on trading timing 19:11 Adapting risk-per-trade 19:54 Tips on journaling your trades 21:07 Keeping capital in prop firms vs. those who lose it over time 22:53 Taking a step back from trading 24:06 Kaci's next target 📈 26:48 Is it possible to be a good trader without big drawdowns? 27:49 Advice to traders who want to get funded by prop firms 29:40 Where to find Kaci? (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Kaci Jackson? YouTube: @KaciJackson What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
7/10/2023 • 30 minutes, 45 seconds
409: The Story of Profitable Prop Firm Trader - Dave Hale
The Story of Profitable Prop Firm Trader - Dave Hale In episode 409 of the Desire To Trade Podcast, we will be listening to the recording of an interview with the legendary day trader Dave Hale as he shares his story as a profitable prop firm trader. Get the best advice on building your trading capital through prop firms. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:32 Who is Dave Hale? 05:52 How did he start trading with prop firms? 07:36 Strategies that helped him become profitable 12:24 Adapting from trading for prop firms to trading by himself 14:03 The secret to continuing trading for more than 20 years 16:45 What's Dave's trading style? 20:20 Trading strategies with low risk and huge rewards 22:17 Dave's trading routine (2 to 3 hours only) 26:14 What's his motivation for writing a book about trading? 28:59 Where to find Dave Hale? (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Dave Hale? Dave's book Reminiscences of a Day Trader Website: david-hale.com Twitter: @creamtrader What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
7/3/2023 • 30 minutes, 41 seconds
408: Trading Full-Time & Managing A Private Fund - Ali Crooks
Trading Full-Time & Managing A Private Fund - Ali Crooks In episode 408 of the Desire To Trade Podcast, we will be listening to the recording of an interview with the legendary Ali Crooks. He talks about trading full-time & managing a private fund. Many traders start great but don't end well. Listen to this podcast to learn it straight from a long-term trader who made it happen! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:34 Updates on Ali Crooks 01:55 Ali's biggest cash-winning week 05:13 Getting a "paycheck" from trading 06:19 How to address two trading mindset issues 09:02 Ali's journaling routine 13:48 Keeping it simple 14:13 How often Ali takes breaks from trading 16:22 Having the right trading routine 18:30 Tips on managing trading, education, and other aspects of life 22:43 Making time for growth 24:19 Planning your day and time-blocking 26:15 What to focus on to become a better trader 30:14 Understand "you" as a trader 31:55 Backtesting vs. live feedback 35:06 Ali's advice: Owning what you do 37:55 Where to find Ali Crooks (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Ali Crooks? www.traderssupportclub.com YouTube: @TradersSupportClub Social media: Ali Crooks / Alistair Crooks What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
6/26/2023 • 39 minutes, 44 seconds
407: Secrets of a Prop Firm Trader - Gary Langley
Secrets of a Funded Prop Trader - Gary Langley In episode 407 of the Desire To Trade Podcast, we will be listening to the recording of an interview with "The Scruffy Trader", Gary Langley, and he shares the secrets of a prop firm trader. Watch this interview for high-value prop trader advice. 📈 The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:22 What's new with Gary? 00:54 Trading with the 5%ers 02:13 What's the difference between prop firm traders who fail and succeed? 04:48 Focusing on the process vs. P&L 06:44 Advice to new traders 08:52 The secret behind emotional stability for traders 11:31 How Gary feels about trading bigger accounts 15:01 On "revenge trading" 16:32 How often he reviews his P&L 18:27 What happens when you look at your P&L too often 21:15 Scaling into your trades 24:58 Gary's advice on stop loss 33:06 Where to find Gary Langley (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Gary Langley? YouTube: @TheScruffyTrader Twitter: @ScruffyTrader Facebook: The Scruffy Trader What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
6/19/2023 • 34 minutes, 23 seconds
406: Real Habits Of 7-Figure Forex Traders - Jason Graystone
Real Habits Of 7-Figure Forex Traders - Jason Graystone In episode 406 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Jason Graystone and he talks about real habits of 7-figure forex traders. Beginner or long-time trader? You'll get tons of golden advice from this interview! 📈 The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:41 What's new with Jason? 01:59 On switching between discretionary and systematic trading 04:29 Taking advantage of discretion in trading 06:22 How to avoid being bored with your trading system 09:02 Advice on handling drawdowns 11:38 Trading chart patterns systematically 14:50 How to add more trades without sacrificing strategy 15:45 What does it take to learn how the market behaves? 17:53 "Rules" for discretionary trading 19:21 How to figure out the level that works in the market 20:26 Things to do outside trading hours 21:40 Online or paper journaling? 22:00 The "thermostat" analogy 23:02 Being more aggressive and confident in your trades 24:51 Tips on journaling 26:30 On qualitative analysis... 27:20 Common mistakes among traders 29:07 Working on under-trading 31:08 How do time zones affect a trader's performance? 33:15 Cutting down options for better results 35:32 Jason's advice on building capital 37:27 When to add more money to your account 39:33 Where to find Jason (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Jason Graystone? www.jasongraystone.com YouTube: @JasonGraystone What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
6/12/2023 • 40 minutes, 51 seconds
405: Consistently Profitable Mindset & Trading Techniques - Adam Grimes
Consistently Profitable Mindset & Trading Techniques - Adam Grimes In episode 405 of the Desire To Trade Podcast, we will be listening to the recording of an interview with expert trader, Adam Grimes and they talk about consistently profitable mindset & trading techniques. How does psychology in trading help you get better results? There's a lot to learn from this interview! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:50 What's new with Adam? 02:31 Switching focus from systematic trading to trading psychology 05:49 Balance between trading psychology and your trading process/results 08:01 Discipline in trading 10:23 Defeating overtrading or taking profit too early or late 15:19 What makes trading difficult? 18:31 Overcoming fear in trading 24:21 Looking for targets 32:34 "Null" probability or "drift" probability 38:42 Catching the big moves in the market 39:51 Adam's thoughts on looking at trends 43:02 Dealing with the fear of missing out 44:36 Adam's advice when going for 1-hour targets 46:29 Where to find Adam Grimes (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Adam Grimes? Adam's blog: www.adamhgrimes.com Twitter: @adamhgrimes Daily Market Analysis videos: www.marketlifetrading.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
6/5/2023 • 48 minutes, 42 seconds
404: Trading Mindset Tips From The Expert - Andrew Menaker
Trading Mindset Tips From The Expert - Andrew Menaker In episode 404 of the Desire To Trade Podcast, we will be listening to the recording of an interview with expert trading psychologist Andrew Menaker for some trading mindset tips. Learn how to detach your self-worth from your trades and a lot more powerful mindset principles to improve as a trader. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:31 Who is Andrew Menaker? 01:11 Seeking a psychology expert for trading 01:40 Training yourself to win trades 02:56 Duration of winning and losing 03:55 How to detach your self-worth from your trades 07:33 How your personality influences trading 9:31 What to do with personality traits hurting your trading 10:38 Training yourself to hold trades 11:54 How to create a strategy that works for you 13:31 The importance of trading psychology 15:00 Traders who don't believe in psychology 15:42 What helps improve traders who have been losing money? 17:59 Putting too many trades into a good process 19:11 Finding out what works best as a trader 20:09 "Your personality dictates your trading style" 2108: Andrew's thoughts on focusing on one strategy 22:02 Advice on patience for trading 23:57 Trading on different days of the week 24:47 Getting the most of post-trade journaling 26:45 Benefits of pen-on-paper journaling 27:23 Pre-trade journaling tips 29:59 Andrew's advice on trading psychology 31:18 Difference between retail traders who get good results and those who don't 32:44 Traders' commitment to trading psychology 34:02 Where to find Andrew Menaker? (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Andrew Menaker? www.andrewmenaker.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
5/29/2023 • 35 minutes, 21 seconds
403: Secrets To Scalping For A Living - Jean-Francois Boucher
Secrets To Scalping For A Living - Jean-Francois Boucher In episode 403 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Jean-Francois Boucher where he discussed secrets to scalping for a living. Learn how to measure volatility and get an exclusive glimpse of his day's live trade. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 01:04 What's new with Jean-Francois Boucher? 02:22 Jean's focus on trading 03:55 Trading strategy effectiveness 07:19 Dealing with fear of loss 09:07 Managing your losses 10:22 MUST WATCH: live trade (YouTube video link above) 12:05 "Action points" 12:43 Average support and resistance 15:44 Framing risk, measuring volatility 18:27 Swing trading expectations vs. Jean's boxes 23:33 Effects of changing his psychology 25:25 The boxes' advantages 28:14 Staying too long 29:02 Playing within your "sandbox" during the day 30:20 Designing your own strategy 32:51 Where to look for strategy 40:08 "Trading what you see" for two hours 45:54 Look for the bounce, not the swing 47:28 Working with probability, not randomness 49:44 "Insurance company" trading style 52:06 Standard deviation in trading 54:57 What the internet teaches everyone about taking losses 55:58 Benefits of trading forex 57:30 Where to find Jean-Francois Boucher (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Jean-Francois Boucher? www.jasperforex.com Twitter: @jasperforex What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
5/22/2023 • 59 minutes, 6 seconds
402: Real Tips For Trading Forex Full Time - Jason Sen
Real Tips For Trading Forex Full Time - Jason Sen In episode 402 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Jason Sen sharing real tips for trading forex full-time. This interview is packed with great advice from 36 years of experience in the markets! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:45 What's new with Jason Sen? 01:19 Adapting to changes in the market 02:51 What he looks at to define a change 03:49 How to avoid losses 04:37 How to know when not to trade 06:07 Update on his funded account challenge 07:20 Time pressure in trading 09:12 Etienne's funded trading accounts 09:51 Why trading with prop firms can be a great learning experience 10:58 Finding your own strategies 11:45 Looking for what's best for you 12:44 Reducing your trading time 14:38 Managing well vs. over-trading 15:30 Jason's trading style 20:39 Building your capital 22:03 Insights on trading motivation 23:00 On businesses and trading 24:52 Benefits of traveling and trading 26:04 Where to find Jason Sen (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Jason Sen? www.daytradeideas.co.uk Twitter: @daytradesignals What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
5/15/2023 • 27 minutes, 7 seconds
401: From Soccer Player to Full-Time Forex Trader - Lee Sandford
From Soccer Player to Full-Time Forex Trader - Lee Sandford In episode 401 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Lee Sandford, a former soccer player now full-time forex trader. Learn some athlete disciplines that are totally helpful for traders. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:14 Introduction 00:35 Who is Lee Sandford? 01:21 How did he start trading? 02:52 Who taught him to trade? 03:42 Learning curve from soccer to trading 05:01 Lee's goals when he started trading 05:54 What made him realize trading was working for him 07:14 Building a trading strategy 09:04 Advice on sticking to one strategy 11:13 On having a second account... 12:07 Lee's greatest challenge 13:03 What he focuses on. Lee's trading style 14:14 High or low time-frame 15:05 Tips on looking at trends 16:21 Trading mindset tips 19:28 Tips on self-awareness 21:10 Where to look for when you want better results 23:46 Etienne's experience with switching strategies 25:34 Personality's influence on trading and using it to your advantage 31:39 Changing profiles/styles for trading 33:32 Managing trading and business 34:57 Benefits of managing priorities 36:54 Where to find Lee Sandford (link below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Lee Sandford? Website: www.tradingcollege.co.uk What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
5/8/2023 • 37 minutes, 57 seconds
400: Price Action Trader with 20 Years of Experience - Andrew Mitchem (100k Special)
Price Action Trader with 20 Years of Experience - Andrew Mitchem (100k Special) In episode 400 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Andrew Mitchem, a price action trader with over 20 years of experience in the markets. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:14 Introduction 00:59 How has Andrew's trading been in the past few years 2:47 Why Andrew has not changed his trading 4:40 What makes a strategy work in multiple markets 5:42 How can you make your strategy work on more markets 7:21 Why using Fibonacci levels on 1 candle can help your trading 09:13 How Andrew sets his SL and TP using Fibonacci 10:30 Are Round Numbers really that important? 12:07 What is the difference between the strategies that work for a long time and those that don't? 14:31 How to make Price Action trading simple 16:20 Making Support and Resistance areas simple 20:46 "There is always another trade somewhere" 21:55 How to handle multiple trade opportunities 23:06 How being a pilot has helped Andrew's trading 25:27 How routines and processes help your trading 27:39 How Andrew manages his life 30:00 Why trading less can be better for your trading and life 31:18 How to find your strategy "sweet spot" 34:40 Why you need to give it time to work out 35:39 Why practice is essential to improve your trading 38:03 How to have discipline in trading 39:26 How to find Andrew Mitchem and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Andrew Mitchem? YouTube: @AdminTheForexTradingCoachcom Email: andrew@theforextradingcoach.com Twitter: @fxforextrade What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
5/1/2023 • 40 minutes, 56 seconds
399: Price Action For Full-Time Trading - Navin Prithyani
Price Action For Full-Time Trading - Navin Prithyani In episode 399 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Navin Prithyani and he talks about price action for full-time trading. Watch this legendary full-time trader drop trading tips you won't hear elsewhere! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:53 What's new with Navin? 03:19 Keeping track of trading while traveling 05:19 Trading mindset while traveling 07:00 Navin's trading routine 08:35 Trading techniques for the open 12:14 Looking at the charts - MUST WATCH! (video link above) 23:35 "Timing is of the essence" 29:54 Strategy: setup vs. context 30:25 Why Navin only trades the open 31:26 Differentiating the effect of the news 32:54 Making it clear on trading the news 34:45 How to know when you're wrong? 35:31 Volume in forex 36:50 Where to find Navin 37:30 BONUS: Market countdown app and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Navin Prithyani? YouTube: @urbanforex Email: navin@urbanforex.com Instagram: @urbanforex What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
4/24/2023 • 39 minutes, 55 seconds
397: Trading Like The Banks For A Living - Simon Ree
Trading Like The Banks For A Living - Simon Ree In episode 397 of the Desire To Trade Podcast, we will be listening to the recording of an interview with phenomenal trader Simon Ree and discusses trading like the banks for a living. What separates successful long-term traders from aspiring wannabes? Hear it from the expert! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:42 Who is Simon Ree? 02:15 How did he start trading? 04:54 Being active in the market everyday 07:05 Simon's Preferred trading instruments 08:54 Does working in the bank help him become a better trader? 10:06 Top lessons for new traders 11:43 Do bank traders have "secrets"? 13:43 Expert advice on what to focus on for new traders 16:06 Bank traders' expected returns 18:18 First 100 trades: How to stick to one thing? 20:34 Simon's thoughts on trading mindset 22:45 Important cash rule! 23:30 Taking breaks from the market 24:53 Simon's daily trading routine 27:37 Trading and preparation time 28:07 Simplifying things to make more money trading 29:17 Where to find Simon Ree and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Simon Ree? www.taooftrading.com Twitter: @simon_ree LinkedIn: Simon Ree What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
4/10/2023 • 31 minutes, 6 seconds
395: Full-Time Day Trading & Learning From The Pros - Kyle Potter
Full-Time Day Trading & Learning From The Pros - Kyle Potter In episode 395 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Kyle Potter, a former intern now a full-time day trader and assistant to Linda Raschke (world-renowned trader). In this interview, they talked about full-time day trading & learning from the pros and Kyle generously shared tips on what to look for in the market for long-term day trading success. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:49 Who is Kyle Potter? 02:45 How he started trading 07:06 Connecting with Linda Raschke 09:00 Trading lessons he learned from Linda 15:44 Necessary tweaks to make his own trading strategy 22:03 What Kyle looks for in the market (must watch!) 44:04 A day in the life of a full-time day trader 53:27 How to identify when the market shifts and what to do when it happens 1:00:44 Where to find Kyle Potter 01:02:10 Interview with Linda on YouTube and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Kyle Potter? Kyle Potter's Twitter: @kylepotter9 lindaraschke.net/damonkyletrade What is one thing you will implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
3/27/2023 • 1 hour, 3 minutes, 15 seconds
394: Making A Living Swing Trading While Traveling - Marc Walton
Making A Living Swing Trading While Traveling - Marc Walton In episode 394 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Marc Walton where they talked about making a living swing trading while traveling. Many traders are looking for ways to successfully make traveling and trading work. Get expert advice from this interview. 💪🏼📈 The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:49 Traveling and trading with his wife 02:36 Marc's trading journey in the last 20 years 22:39 Crypto trading 28:00 What he looks at in the market when trading 30:14 On strategy (pivot points, Fibonacci, EMA's, and trend lines) 34:50 Getting away from over-trading and impulse trading 41:39 Using a trade management software (link below) 45:49 Trading with one strategy in different market conditions 46:24 Marc's expert advice 38:32 Where to find Marc Walton (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Marc Walton? forexmentorpro.com Twitter: @marcwalton MT4 scripts What is one thing you will implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
3/20/2023 • 49 minutes, 45 seconds
393: Secrets From A Profitable Systematic Trader - Robert Carver
Secrets From A Profitable Systematic Trader - Robert Carver In episode 393 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Robert Carver who reveals his secrets as a profitable systematic trader. Take a peek into a systematic trader's life and learn how to make money using strategies that really work consistently. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:36 Who is Robert Carver? 01:16 How did he start trading? 03:37 Masters in Economics and systematic trading 06:12 What to look for with systematic trading 08:42 Indicators vs. Price 10:00 Is systematic trading for everyone? 12:18 How much room does he leave for drawdowns and losses? 17:17 On tweaking settings and making them better... 19:46 Which markets does he trade on? 21:59 Robert's review process 24:15 Long-term trading tips 25:37 Systematic trading for beginners 30:05 Where to find new ideas and strategies 33:22 How Robert decides on what to keep after testing new strategies 35:22 Knowing the logic behind the strategy 36:55 Where to find Robert Carver (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Robert Carver? Twitter: @investingidiocy systematicmoney.org What is one thing you will implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
3/13/2023 • 38 minutes, 33 seconds
391: Legendary Professional Trader & Market Wizard - Tom Basso
Legendary Professional Trader & Market Wizard - Tom Basso In episode 391 of the Desire To Trade Podcast, we will be listening to the recording of an interview with legendary professional trader & market wizard, Tom Basso. Long-term success in trading is not built overnight. If you want to trade full time leading to a profitable lifestyle, you can catch the best strategies from this interview with a million-dollar market wizard! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:33 Who is Tom Basso? 03:40 How did Tom start trading? 05:44 From chemical engineering to trading 07:50 The "behind-the-scenes" in trading 09:57 Tom's travel and trade routine 11:15 When did he decide to manage funds for other people? 14:46 Leaving job to trade full-time 17:11 Mindset in transitioning from a full-time job to full-time trading 18:27 Raising $17 million 23:01 How much work did it take to build his capital? 25:03 The introvert trader life 25:27 Tom's transition to trading by himself 31:22 What to focus on when creating a strategy 32:55 Price-action and data 34:32 How Tom adapts to different market conditions 37:42 Importance of not listening to the news 40:00 Sweet spot on the number of trading strategies 41:21 Tom's wisdom for traders 44:19 Where to find Tom Basso? (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Tom Basso? enjoytheride.world Official Twitter Account: @basso_tom What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
2/27/2023 • 47 minutes, 28 seconds
390: Secrets From 42 Years Of Profitable Trading - Sunny J. Harris
Secrets From 42 Years Of Profitable Trading - Sunny J. Harris In episode 390 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Sunny J. Harris where she spills secrets from 42 years of profitable trading. If you want to achieve long-term success in trading, this podcast is a gem! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:35 Who is Sunny J. Harris? 01:26 What inspired her to start trading? 02:51 Sunny as a learner in the world of trading 03:47 From investing to actively trading 05:07 How trading looked like back then 07:18 Market behavior then and now 07:46 On daily charts 08:26 Sunny's trading style 10:12 Standard deviation and average true range 11:04 Indicators for new traders 11:40 What about indicators available to the public? 12:28 Sunny's chart time and trading time 13:07 Benefits of printed charts 15:01 Perspective: Being a woman in the trading world 16:02 Any challenges as a trader being one of the few women? 16:40 What happened during her 8-year 'hiatus'? 17:20 Going back to the 5-minute charts 17:51 How Sunny's personality influenced her trading 18:55 Methodical trading: is it for everyone? 20:28 Intuition in trading 20:59 Book recommendations 22:29 Her thoughts on the psychology of trading 23:36 Failures in the market 24:59 What does it take to be a full-time trader? 25:33 Sunny as a book author 28:33 Her daily routine 29:34 Where to find Sunny? and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Sunny J. Harris? www.moneymentor.com Sunny's books are available on Amazon.com What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
2/20/2023 • 30 minutes, 59 seconds
389: Secrets From An Ex-Pit Trading Legend - Andrew Lockwood
Secrets From An Ex-Pit Trading Legend - Andrew Lockwood In episode 389 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Andrew Lockwood, a legendary ex-pit trader. Get a glimpse of the trading scene when he was just starting as a trader. You wouldn't want to miss this exclusive interview where Andrew shares secrets to his journey to success in the last 30 years. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:45 Who is Andrew Lockwood? 03:34 How did he start trading? 07:16 How did the learning curve for trading look like back then? 10:26 What were the expectations in terms of profit? 14:03 What differentiates the winners from the losers? 18:17 On moving to digital trading... 21:21 Andrew's insights on price action 25:11 What's a good key level? 29:14 Reversals, trends, rules... 32:01 Advice for people who are cutting their trade short 36:34 A pilot's mindset in trading 38:02 What kept him going for many years? 41:56 Where to find Andrew Lockwood (links below) and much more What is one thing you are going to implement after listening to this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Andrew Lockwood? Andrew's website ➡️ https://www.thecitytraders.com YouTube What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
2/13/2023 • 40 minutes, 28 seconds
388: The Art of Trading Fundamentals - Samuel Leach
The Art of Trading Fundamentals - Samuel Leach In episode 388 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Samuel Leach, a UK-based professional trader and a partner to multiple businesses. He was our guest 6 years ago, and in this recent interview, you will hear about his latest experiences and also his insights on the importance of trading fundamentals. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:31 Updates on Samuel Leach 03:20 Benefits of a degree in the financial markets 07:13 What's in store for graduates with a financial markets degree 09:08 Samuel's trading experience in the past years 12:22 Trading during unusual markets 16:39 Preferred trading style on normal markets 19:09 Samuel's methods for forex and stocks 22:18 Financial assets, charts, and fundamentals 23:38 "Trading like a bank" 24:47 Advice to people who don't have a strategy yet 28:14 Samuel's thoughts on learning fundamentals and technical trading 33:16 On prop firms... 36:20 Good risk management and leverage 39:40 Losing on prop firms 43:15 Where to find Samuel Leach (links below) and much more What is one thing you are going to implement after listening to this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Samuel Leach? Samuel Leach's website: samuelandcotrading.com YouTube Instagram What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
2/6/2023 • 44 minutes, 29 seconds
386: Full-Time Forex Trader With Automated Strategies - Alejandro Perez
Full-Time Forex Trader With Automated Strategies - Alejandro Perez In episode 386 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Alejandro Perez, a full-time forex trader with automated strategies. It's been a while since Etienne did an in-person interview with Alejandro. If you're curious or have been doing algo trading, you'll absolutely learn a lot from this interview. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Who is Alejandro Perez? 02:56 Alejandro's experience in terms of flexibility with algo trading 04:35 Learn coding yourself or get a coder? 07:04 What can be coded and what cannot be coded? 09:24 Is there such a thing as a "perfect algo"? 11:16 The algo-trading mindset 13:29 Alejandro's simplified rule in algo management 16:18 True or false: "Algos are scams" 19:12 Algo trading pitfalls 20:51 How to manage risk in algos 23:22 How to find the right settings 27:27 BONUS CONTENT (link below) 27:54 How much room Alejandro leaves for losses 29:56 Important tip from Alejandro (DON'T MISS THIS) 31:27 Quick answers, quick hacks in trading - do they really work? 32:53 What's up next for Alejandro? 35:19 Algos we use (check link below) and much more What will you start doing after listening to this podcast? Leave a comment below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Alejandro Perez? desiretotrade.com bluecapitaltrading.com What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
1/22/2023 • 36 minutes, 34 seconds
385: Learn To Trade Like A Master - Forex Trader Motivation
Learn To Trade Like A Master - Forex Trader Motivation In episode 385 of the Desire To Trade Podcast, you will learn to trade like a master. Want to develop your mindset for profitable trading? You can try and experiment but if you're being wise with time, listening to podcasts like this could help you build strategies that absolutely work. Get expert trading advice from the best of the best. Forex Trader Motivation playlist >> Watch the video recording! Here are the full interviews used in this Forex Trader Motivation video: Rolf Schlotmann Chris Tate Gareth Soloway Mandi Pour Rafsendjani Andrew Aziz What will you start or stop doing after watching this video? Let's talk in the comments, or join me in the Facebook group! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (use our link to get a special bonus) AxiTrader (use our link to get a special bonus) EightCap (preferred Crypto and FX Broker) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
1/16/2023 • 12 minutes, 27 seconds
384: Secrets To Swing Trading Full-Time - Gareth Soloway
Secrets To Swing Trading Full-Time - Gareth Soloway In episode 384 of the Desire To Trade Podcast, we will be listening to the recording of an interview where Etienne sits down with Gareth Soloway and shares secrets to swing trading full-time. Learn more about Gareth's journey from being a part-time trader and how he turned into a profitable full-time trader. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 01:20 Gareth's trading experience and current focus 01:45 His journey with the "investment club" 03:20 From a learner to a profitable trader 04:04 Best way to read charts 05:37 Do trend lines really work? 06:54 How did Gareth's trading style evolve? 08:16 On journaling... 10:11 What to do when your strategies aren't working well 12:41 EXCLUSIVE: Gareth shares sample trades 15:08 Looking at volume vs. price action 16:41 Gareth's insights on charting 17:39 What to do in the market after the holidays 19:12 Common mistakes people make in trading 20:57 What's next with crypto? 23:33 How Gareth's typical day looks like 24:49 Money management tips 26:01 Beating learning paralysis 27:53 What to focus on? 29:54 Does he use heart rate monitors? 30:35 Gareth shares things he wants to improve 31:31 Where to find Gareth (links below) and much more What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Gareth Soloway? Stock trading & commodities: inthemoneystocks.com Crypto trading: verifiedinvestingcrypto.com What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
1/9/2023 • 33 minutes, 13 seconds
382: How to Become Consistently Profitable in 2023 | Forex Trader Motivation
How to Become Consistently Profitable in 2023 | Forex Trader Motivation In episode 382 of the Desire To Trade Podcast, you'll hear from forex trading experts on how to become consistently profitable in 2023. Find out how they started from the ground up and take note of the most important practices they do regularly - these will absolutely help you become a successful and profitable trader next year! Forex Trader Motivation playlist >> Watch the video recording! Here are the full interviews used in this Forex Trader Motivation video: Jason Shapiro Austin Silver Paul Wallace Ali Crooks What's one practice you'll start doing in 2023? Let's talk in the comments, or join me in the Facebook group! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (use our link to get a special bonus) AxiTrader (use our link to get a special bonus) EightCap (preferred Crypto and FX Broker) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
12/26/2022 • 12 minutes, 49 seconds
381: Do This To Become A Consistent Trader!
Do This To Become A Consistent Trader (Training) In episode 381 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Michael Toma where he talks about the #1 reason traders still lose money trading. He teaches an important assessment every trader must do for long-term success in trading. Watch more videos featuring Michael Toma Watch the video replay here Topics Covered In This Episode 00:15 Introduction 01:22 Ultimate Prop Trading Program Overview (link below!) 01:56 Do your homework! 02:48 Trade identification opportunities 03:39 Journal review 04:27 Trend analysis, graduation plan info 05:20 Managing / expanding your business 06:36 Accounting/analytics after 4pm 07:12 Action items on development plan 09:22 What are your thoughts? and much more What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Michael Toma? Desire To Trade Join our Ultimate Prop Firm Trading program What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
12/19/2022 • 10 minutes, 16 seconds
379: Full-Time Trader Journey From $3k to $500k - Tyler Bollhorn
Full-Time Trader Journey From $3k to $500k In episode 379 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Tyler Bollhorn, a full-time trader who went from $3000 to $500k. Tyler talks about his journey, when he started, and how he grew into a full-time trader. The video is also available for you to watch on YouTube. Watch the video replay here Topics Covered In This Episode 00:15 Introduction 00:41 Who is Tyler Bollhorn? 01:19 How did he start trading? 02:33 Tyler talks about his growth as a trader 07:04 How to maintain your edge 9:14 Effects of watching the news on your trading 10:07 Tyler explains abnormal activity in the market 10:58 Tips on having another person code the algo for you 13:18 The reward-for-risk relationship 15:19 Making money by trading less 16:06 Mindset aspect of trading 20:50 Tyler talks about risk tolerance 22:30 How to know your risk tolerance 24:36 Building capital for trading 28:10 Where to find more about Tyler Bollhorn and much more What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Tyler Bollhorn? Stockscores.com Stockscores on YouTube What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
12/5/2022 • 29 minutes, 48 seconds
310: Trade Management in Forex: Watch This Before It's Too Late!
Trade Management in Forex: Do you need it? In episode 310 of the Desire To Trade Podcast, I am joined by Alejandro from the Desire To Trade team to discuss trade management for Forex trading. Is it helping or hurting your trading? We'll give you some tips to manage your trades better and stay more consistent! Watch the video interview here Topics Covered In This Episode 0:15 Introduction 0:49 Who is Alejandro and what he does 1:53 How can you determine if you should use trade management in your strategies 4:14 How to know if you are better with Trade Management or without it 6:23 Mindset Benefits Vs %/$ Benefits of Trade Management 11:02 How Trade Management can help you trade better 13:33 Why using "set and forget" trades 1st before building your Trade Management technique 17:40 Viewer question: What Trading Journal Software do you use? (Edgewonk) 19:56 Viewer question: What timeframes do you trade? 20:40 Viewer question: How long does it take to build a trading plan and much more What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Trading Journal Edgewonk Myfxbook FxBlue Trello Google Sheets Creating Your Own Profitable Strategy (Program) Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (use our link to get a special bonus) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Alejandro Perez? email: alejandro@desiretotrade.com email: alejandro@bluecapitaltrading.com What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
8/9/2021 • 23 minutes, 6 seconds
289: Unlock Your Successful Trader Mindset | Forex Trader Motivation
Unlock Your Successful Trader Mindset | Forex Trader Motivation In episode 289 of the Desire To Trade Podcast, you'll be hearing a compilation of advice from highly successful traders. Surrounding yourself with the right thoughts & people is crucial! My goal was to create a series that can act as the proper motivation for Forex traders to achieve their massive goals! Whether you're aspiring to achieve a Forex success story for yourself or trade-in any other market, this video will provide you the trading motivation you need! Sit back and relax...and if you're not yet subscribed to the channel, don't hesitate to do so! Forex Trader Motivation playlist >> Watch the video recording! Complete interviews used for this Forex Trader Motivation video Rande Howell Steve Ward Brad Jelinek Brent Penfold What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (use our link to get a special bonus) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
3/15/2021 • 10 minutes, 23 seconds
Happy New Year + New Trading Course!
Hey traders, I just wanted to wish you a happy new year. Let's make things happen together in 2019! If you got value out of the podcast, please share your favorite episode on social media and tag me in!! Access the Bollinger Bands Reversal Strategy course: https://www.desiretotrade.com/bbr-strategy-podcast Best regards, ~ Etienne Crete Connect with me: YouTube Facebook Instagram Desire To TRADE Academy
12/31/2018 • 1 minute, 14 seconds
134: Interview With A Currency Trader Living In Paradise - Jim Brown
Currency Trader Interview (Living In Paradise) In episode 134 of the Desire To Trade Podcast, I am sitting down for an in-person currency trader interview with daily chart trader Jim Brown. Living in Da Nang, Vietnam for over 2 years now, Jim has developed a methodology using technical indicators to trade roughly 60 currency pairs on a fairly high timeframe - the daily chart. This trading methodology allows him to reduce his screen time to less than an hour a day, and thus enjoy the beautiful beaches Vietnam has to offer. This currency trader interview covers topics such as how to maximize your lifestyle as a trader, tips for trading the daily charts, how to trade multiple currency pairs, and more! Watch the video interview! Topics Covered In This Episode What Jim Brown is up to 2:30 A day in the life of a daily chart Forex trader 3:50 How Jim is able to follow 60 currency pairs 6:30 How Jim decides what currency pairs to follow 7:55 The process of creating custom indicators 12:40 How Jim Brown tested his trading strategies 16:00 What’s the cost of living in Da Nang, Vietnam as a Forex trader 22:25 How Jim handles drawdowns 24:00 The common mistakes people make in applying Jim’s strategies (interesting statistics) 26:30 What to do after a losing day on tight stop losses 38:30 Jim’s daily average screen time 32:05 How Jim managed to trade with a full-time job in the past 35:15 How long Jim’s daily chart trades remain open on average 39:15 And much more… Resources Mentioned Backtesting Software: Forex Tester 3 Backtesting Expert Advisor for MT4: SoftFx Simulator Grab Jim Brown's books w/ free indicators DesireToTRADE Top Resources Desire To TRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy (exclusive training program) How To Find Jim Brown? JagFx Facebook Group Twitter Email What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
3/12/2018 • 52 minutes, 27 seconds
102: Massive Success As A Digital Nomad Forex Trader - Navin Prithyani
Massive Success As A Digital Nomad Forex Trader – Show Notes In episode 102 of the Desire To Trade Podcast, I interview Forex trader Navin Prithyani, a digital nomad Forex trader who I had the chance to meet in Bangkok, Thailand to record this episode. Watch the video interview Navin has been trading Forex for well over a decade. During this time he went through all the phases of a successful trader and through all the hardships to reach every next phase. These days Navin is giving back to the trading community by teaching his knowledge to both new and experienced traders. During this process, he also discovered that he also has a talent for teaching. It was nice connecting with Navin as we share a common vision for the trading education industry. We both want to make a positive impact. In addition, both Navin and I met our mentors in unexpected circumstances. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! “Learn from your mistakes and do not give up!” – Navin Prithyani “The reason it took me 6-7 years is: I kept changing my system.” – Navin Prithyani In This Interview, You'll Learn… How Navin started in trading - by looking for Forex signals The basis behind Navin's technical analysis Navin's trading style today and how it evolved The definition of real supply and demand in the Forex market How to break the psychological barrier that prevents to scale up your trading The power of proper journaling in trading What is the utility of courses in the Forex trading industry (there are so many of them!) How the mentality of most Forex traders is preventing you from succeeding Some keys to trading while traveling Having a morning routine Not looking too much at the charts How most traders miss the big moves in the Forex market The work you must do to see a difference in your trading Whether Navin regrets dropping out of college And much more! Resources Mentioned Hanging Out With A Digital Nomad Forex Trader [Vlog] Massive Success As A Digital Nomad Forex Trader [Video Inteview] Mastering Stop Losses in Forex Trading Mastering Price Action course (Urban Forex) If you are interested in this course and want a coupon code, email me and let me know that you've listened to the podcast. DesireToTRADE Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Navin Prithyani? Urban Forex Facebook Twitter Youtube What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
7/24/2017 • 45 minutes, 17 seconds
101: Street Smart: Adventures on the Road and in the Markets - Jim Rogers
Street Smart: Adventures on the Road and in the Markets – Show Notes See in your browser: http://desiretotrade.com/101/ In episode 101 of the Desire To Trade Podcast, I interview legendary investor Jim Rogers, a man with an immense passion for the markets and the discovering world. Mr. Rogers has been listed in the Guinness Book of World Records twice: once for his 1990-92 world trip covering 100,000 miles across six continents on motorcycle and next for his world trip from 1999-2002 (through 116 countries in a custom-made Mercedes). Jim Rogers is the author of multiple books, including Street Smart: Adventures on the Road and in the Markets. That book had a big influence on me as Jim describes his experience of traveling through the world while running a hedge fund. It was particularly inspiring to hear about Jim Rogers' adventures around the world, as well as his opinion of Asia vs. America. Today, Mr. Rogers offers multiple conferences a year, a lot of them being in China. His website contains an updated schedule of his next destinations. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! "Think independently" - Jim Rogers (click to tweet) "If you don't know anything to do, do nothing." - Jim Rogers (click to tweet) "I don't look at technical analysis. I don't really know how." - Jim Rogers Questions/Topics Covered… Why Jim Rogers moved to Singapore 10 years ago How Mr. Rogers has learned from the market instead of school The lessons Mr. Rogers learned early-on in the markets & why this was a good thing How Jim Rogers survived after losing everything in the market How to spot opportunities in the market Jim Roger's view of Asia & specifically China What to do when traveling to learn from the place you are at How to do strong research for investing The best way to learn according to Jim Rogers & how to keep going The benefits of traveling & the worst times And much more! Books by Jim Rogers 1994: Investment Biker: Around the World with Jim Rogers. 2003: Adventure Capitalist: The Ultimate Road Trip. 2004: Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market. 2007: A Bull in China: Investing Profitably in the World's Greatest Market. 2009: A Gift to My Children: A Father's Lessons For Life And Investing. 2013: Street Smarts: Adventures on the Road and in the Markets. DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Jim Rogers? Website What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
7/17/2017 • 27 minutes, 45 seconds
100: The Success Of A Forex Price Action Day Trader - Kim Krompass
Success of a Forex Price Action Day Trader – Show Notes See in your browser: http://desiretotrade.com/100/ In episode 100 of the Desire To Trade Podcast, I sit down with Kim Krompass for a follow-up interview. She previously appeared in episode 46 of the podcast. Kim Krompass is a Forex price action day trader living in California. She is a great example of what a good day trader is by carefully getting prepared every morning for the trading day. For this second interview, I wanted to get more details on things that have made Kim a successful Forex day trader. We focused a little more on the tool Kim uses as well as what she thinks aspiring Forex day traders can do to start seeing more results. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! "Consistency as a trader is a state of mind. Once you understand, that's the day you start to turn around." - Kim Krompass (click to tweet) Questions/Topics Covered… What is new since the last interview? Has anything changed? What does your day trader morning routine look like? If you were to travel, how would you adapt your day trading activities? Would it be different? What is your favorite trade setup? How do you handle the bad days that come with trading? As an educator, would you be willing to share your trading results? If not, why? Do you believe in the value of trading signals? Why do you think some traders still don’t succeed after taking on a trading course/program? And much more! Resources Mentioned Kim Krompass' trading journal: An example of trading results: https://twitter.com/priceactionkim/status/877619493060591616 Price Action Trader Institute Special Offer By entering the promo code DTT10OFF, you will get 10% off the membership for the PATI membership. To Join the PATI Membership: https://priceactiontradersinstitute.com/register/pati-full-membership/ DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Kim Krompass? Price Action Trader Institute Twitter What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
7/10/2017 • 39 minutes, 34 seconds
099: Mastering Trading Fundamentals To Become Billionaire By 40 - Troy Bombardia
Mastering Trading Fundamentals – Show Notes See in your browser: http://desiretotrade.com/099/ In episode 99 of the Desire To Trade Podcast, I interview Troy Bombardia, a hedge fund manager who trades the S&P 500 ETF's based on quantitative models that combine fundamentals and technicals. What I like a lot about Troy is his emphasis on not being concerned too much by short-term returns. He, with the help of his model, places very few trades a year and has a strong focuses on the long. Troy came on the podcast to share about what it's like to run a hedge fund as well as how to interpret the markets (Stocks & Forex) with a fundamental perspective. He described very clearly how someone can start mastering trading fundamentals in the Forex market by looking at one simple thing: the money flow. In other words, where the money is going. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! “Work hard, it's not how smart you are. It's about how hard you work” – Troy Bombardia “If you're not really sure about a trade, don't take that trade.” – Troy Bombardia In This Episode, You’ll Learn… Starting to trade in high school How Troy manages his trades to capture the big market movement What made Troy decided to go long-term trading the S&P index How to adapt to the currency market & mastering trading fundamentals The Fundamentals you need to understand in Forex How to define the long-term direction of the market & benefiting from it The resources to get your news whenever you need them And much more! Books Recommended Market Wizards: Interviews With Top Traders by Jack Schwager The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by John C. Bogle Reminiscences of a Stock Operator by Edwin Lefevre DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Troy Bombardia? Bear Market What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
7/3/2017 • 39 minutes, 3 seconds
098: Starting To Trade Professionally With $300,000 - Michael Melissinos
Starting To Trade Professionally With $300,000 – Show Notes In episode 98 of the Desire To Trade Podcast, I interview Michael Melissinos, a trader who started to trade professionally with $300,000 and now trades for over 30 investors from around the world. Michael accepted to come on the podcast to share with us how he got started trading professionally at a fairly early age as well as how he progressed and convinced more investors to invest in his trading activities. He is of the opinion that traders are better to start early. Michael ensured that he was ready to trade for other people by doing a lot of work up-front. That's the key for anyone who's looking to trade professionally. This is a must-listen interview if you are looking to trade professionally and manage money for other people! I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! “Know yourself before you start to trade.” – Michael Melissinos In This Episode, You’ll Learn… How Michael got his first $300,000 to trade Why Michael didn't want to trade for an institution How to build proper trading system that you trust What a typical day looks like in the life of a long-term trader How Michael handles the tough times (when he doesn't produce money for his investors) How to present your trading to investors so they invest more easily What Michael is doing to improve his trading portfolio And much more! DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Michael Melissinos? Personal site Melissinos Trading Twitter What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
6/26/2017 • 50 minutes, 17 seconds
097: How I Got To Trade Forex And Travel - Etienne Crete | Trader Interview
This is a special edition of the Desire To Trade Podcast. In episode 97 of the Desire To Trade Podcast, I get interviewed by George Papasov and share my experience on how I got to trade Forex and travel. I recorded with George a two-part interview. In the second part (this podcast episode), I get interviewed. George asks for my best tips for traders who look to trade Forex and travel. If you haven't listened to the first part in which I interview George, check it out here. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews.Share This! "I spend more time waiting than trading" - Etienne Crete In This Episode, You’ll Learn… How & why I got started in Forex trading. The results of my first trip and what I changed for my 2nd trip. My #1 advice for traders who want to travel. What happens when you get back home after a trip where you trade Forex and travel. My trading and traveling routine & strategy How I set my stop loss with percentages and why that's essential for my success. How you need to see this business today if you want to trade Forex and travel while you trade for other people. And much more! DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy Resources Mentioned In This Episode One-Page Trading Plan Template: my 1-page template that simplifies your trading and is proven to keep you focused! What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
6/19/2017 • 21 minutes, 11 seconds
096: Trading While Traveling & Professional Futures Trading Tips - George Papasov
This is a special edition of the Desire To Trade Podcast. In episode 96 of the Desire To Trade Podcast, I sit down for an interview series with George Papasov, a professional futures trader who spent a considerable amount of time trading while traveling these past months. I recorded with George a two-part interview. In the first part (this podcast episode), I interview George and ask him his best tip for traders who look to trade and travel. However, we also touch on topics that you guys asked me to cover in the Facebook group. Those include trading routines, strategies used, advice for struggling traders, and much more! If you haven't listened to the first interview I did with George, I recommend you take a look first at episode 066. This covers George's background as well as what he did to get to the level of trading futures professionally. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! "I've never lost a trade I haven't taken." - George Papasov In This Episode, You’ll Learn… What is George's background and how he got to trade profitably How George built his mobile trading desk A professional futures trader's advice on day trading while traveling The trading strategy George uses on a daily basis How/when to change the position size for a strategy that underperforms The pre-trading routines recommended for day traders The post-trading routines recommended for day traders What you need to know before jumping into the futures market How to use correlations in the futures market The best advice if you are STILL losing money trading And much more! DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find George Papasov? TRADEPRO Academy Youtube Facebook Twitter What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
6/12/2017 • 24 minutes, 42 seconds
095: A Forex Trader's Knowledge On Trading Other People's Money - Rauan Khassan | Trader Interview
In episode 95 of the Desire To Trade Podcast, I interview Rauan Khassan, a hard-working Forex trader who has been involved in the market since 2011. Rauan has been through the various steps of successful Forex trading, and has been able to get to a level where he trades other people's money. In September 2015, Rauan joined TradingView, a leading social trading network that unites more than 1,500,000 traders online, where he oversees regional versions development. In this interview, we tackle the Rauan's role at TradingView. He has seen first-hand how strong the gap is between being a great analyst and a great trader. His perspective on the currency market and trading other people's money make Rauan an excellent guest to go through how he was able to step into managing money. If you have a full-time job, this is an episode you don't want to miss! Rauan explains how he is personally involved in day trading while working at TradingView. He goes in-depth on the topic of reaching our personal trading targets month by month. He shares how he manages to trade both a conservative and aggressive trading strategy. That is a sure way to help you reach your trading goals faster. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Mistakes comes from a very serious problem, people tend to overestimate their knowledge and underestimate their potential of being wrong." - Nassim Nicholas Taleb "Being a good analyst helps you become a good trader, but being a good analyst does not guarantee you'll be a good trader." - Rauan Khassan "Publishing your ideas is a good way of the self-organization." - Rauan Khassan "Don’t underestimate the importance of consistent trading." - Rauan Khassan In This Episode, You’ll Learn… One big change that Rauan made in his trading to feel better How Rauan started to trade for other people Why successful Forex trading is about giving up or accepting the returns Why it's crucial for a Forex trader to have multiple accounts How to use Darwinex & how it works to manage money as you trade How to create an aggressive and conservative trading strategy for yourself The CRUCIAL difference between being a great analyst and a trader How to use the risk/reward ratio for best results in Forex trading And much more! Resources Mentioned In This Interview Trading View: this is the must-use Forex charting website I use on a daily basis. Darwinex: website discussed in the interview for trading other people's money. DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Rauan Khassan? Facebook Trading View What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
6/5/2017 • 32 minutes, 59 seconds
094: Tactical Trading Advice You Need To Hear & Trading Crypto-Currencies - Gino Topini
In episode 94 of the Desire To Trade Podcast, I interview Gino Topini, a Forex, stocks & crypto-currency trader based in London, UK. This man is one of the smartest traders I've met. Gino has what I'd call a master drive to speed up his success in trading and he does it the right way. While I met him at the China Forex Expo in Shenzhen, I understood that Gino has taken sort of the "smart way to successful trading", which is very uncommon to start with. Starting to trade in 2007, he decided to go on his own in his trading Forex trading journey, and therefore spent more time studying and practicing his craft in the market on a daily basis. Gino is also the co-ower of a business named Mj Web Studio LTD, which specializes in SEO, copywriting and web development. That is an excellent example of creating multiple streams of income and not putting all your eggs in one basket (one of Gino's advice). Throughout this interview, we went together for the basic of trading that the trader so often tends to forget. Gino shares his personal ways of trading currencies, how he came up with winning trading strategies and some deep knowledge of crypto-currencies, mainly Bitcoins, as nowadays the market seem to offer a great opportunity for profit. Here's a key takeaway: "Trading is about loving what you are doing, interact with best traders and trying new strategies." I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Do not put all your eggs in one basket, diversify what you do and surely you won't have any trouble in the future." - Gino Topini "Every trader is different from another, so everyone needs to find its own strategies to trade." - Gino Topini In This Episode, You’ll Learn… How to start trading (and take it seriously) The easy way to diversify your trading How Gino dealt with the fear of losing real money How long-term & short-term trading methods vary Why & how to create your own trading strategy What the process of continually testing trading strategies look like How you can get disciplined to just follow the plan How to run a business & trade at the same time Why Gino insists on having a business (not a 9-to-5 job!) How Gino Topini trades crypto-currencies on eToro Resources Mentioned In This Interview eToro Gino used this social trading network for his trading Forex Trading Italia Bitcoin DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Gino Topini? Mj Web Studio LTD LinkedIn Facebook What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
5/29/2017 • 32 minutes, 27 seconds
093: The Routines & Rituals Of Top Forex Traders For Optimal Trading Results - Stacey Burke
In episode 93 of the Desire To Trade Podcast, I interview Stacey Burke, a Forex trader who has learned about trading the hard way while blowing up some small accounts and making all the mistakes most losing traders make. Through that process, however, he has able to identify where the real problems were in his trading and how he could finally turn the corner to become one of the few profitable traders. Coming from a sporting background in ice hockey and Ironman triathlon, hard work and a competitive nature are some of the attributes he believes are necessary to succeed in Forex trading. Stacey gives credit to other great traders for his success. Brent Penfold's advice on being "the best loser", but he also implemented things in his daily routine to help him continually keep getting better at the process of trading. Like Mike Bellafiore says "how good can we get?" Here's a key takeaway: "Trading mastery is a journey, not a destination. Focus on constant progress, NOT perfection." (click to tweet!) I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview “If you know the enemy and know yourself, you need not fear the result of a hundred battles." - Sun Tzu "Focus on being a good loser and having asymmetrical risk/reward opportunities." -Stacey Burke "Keep it simple and learn how to lose." - Stacey Burke In This Episode, You’ll Learn… How Stacey went through 10 years of losing trades without stopping - and how he recovered The Forex trading habits and rituals that Stacey go through on a daily basis How to really learn from other traders - because you can't simply copy Why expecting to lose trades is powerful The importance of having a solid trading journal and how Stacey does his Some of the best lessons from traders around the world Why teaching and sharing makes you a more successful Forex trader The more you trade the more you are likely to make mistakes How Stacey uses paper notebooks - I do the same! One thing Stacey wished he knew when he started to trade How to create an asymmetrical edge in the market And much more! Resources Mentioned In This Interview Edgewonk: the trading journal Stacey and many traders use on a daily basis. Enter "dtt20" at checkout to get 10% off and a 3-month complete membership of the Desire To TRADE Academy. Dr. Brett Steenbarger's blog: a great resource to grow in the field of trading psychology with daily content. Peter Brandt: a trader Stacey gives a lot of credit to for sharing his experience and knowledge. DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Stacey Burke? Stacey Burke Trading Twitter YouTube What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
5/22/2017 • 34 minutes, 22 seconds
092: Making Money Trading With A Strong Portfolio - Kiana Danial
In episode 92 of the Desire To Trade Podcast, I interview Kiana Danial a trader with a special emphasis on building her portfolio over time. She is helping people grow their wealth by investing. Here it's not a matter of getting rich quickly. Instead, Kiana looks at the market from a long-term perspective and that's how she saw most of her success in trading. What's most interesting about Kiana's trading style, however, is that she is still very involved in the market. She usually knows what's going on and what it's best to look at. Kiana confirms the idea that successful trading isn't a full-size-fits-all activity. You cannot expect to succeed by copying other people. As a matter of fact, those who see the most success in trading understand who they are. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview “Patience is a profitable virtue” - Kiana Danial “Know yourself, know your financial situation, know your goals, and know your portfolio” - Kiana Danial In This Episode, You’ll Learn… How she started to trade from Japan and made her first $10,000 in one trade How Kiana sees trading as part of her financial plan How she realized day trading wasn’t for her Why the odds are against you in day trading How to find out your risk tolerance Defining the type of portfolio you own Whether to consider fundamentals vs. technicals in various markets How to evaluate your trading portfolio & do market reviews What happens when you add to your positions (i.e. scaling in) Taking partial profits & what it does to your trading account. Why you can't copy people and expect to succeed in trading Resources Mentioned In This Interview Free Masterclass: Make Your Money Work (a free training offered by Kiana) DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Kiana Danial? Swing Trade Setups Facebook Twitter What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
5/15/2017 • 35 minutes, 43 seconds
091: Grinding Daily Profits In The Market - Mike Tedeschi
In episode 91 of the Desire To Trade Podcast, I interview Mike Tedeschi, a day and swing trader running a portfolio as well as a trading chatroom. At the time of the interview, he has been trading for himself for over 6 years. Mike looks at the investment world through a contrarian lens. By going against the herd, he positions himself to achieve the largest possible returns in the quickest time frame with the least amount of risk. One of the topics we touch on is the need for a trading plan. Mike, like me, has also been developing a trading playbook that contains multiple trading strategies he uses on a daily basis based on how the market moves. We also touched on the topic of trading alerts. As the main takeaway, you can make money in the market without being involved in the market at all times. There are times when the market isn't producing anything worth trading and that is where you need to be able to step away. There are absolutely no reasons to go in the market when there are no trades. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Prices are never too high to begin buying or too low to begin selling" -Jesse Livermore "If you can't make money on the leaders, you can't make money in the market" If you treat trading like a hobby it's going to pay like a hobby. There are no reasons to go in the market when there are no trades. In This Episode, You’ll Learn… How Mike started to trade from Japan The types of mistakes traders make at the beginning The 3 most important aspects of trading How to overcome the fear of losing money The analogy of flipping a coin in risk management EXACTLY how Mike trades intraday and swing How Mike uses a trading plan, playbook, and checklist The types of behaviours that are costing most money to traders Why Mike doesn't give that much importance to backtesting Why you can't rely on news to trade at all times Why you can't look at the market as an ATM How to avoid trading all the time - how to use alerts like a pro! How to increase your ratio of successful trades And much more! Resources Mentioned In This Interview FINVIZ: a free financial visualization tool (i.e. mostly stock screener) DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Mike Tedeschi? Swing Trade Setups Facebook What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
5/8/2017 • 37 minutes, 20 seconds
090: Creating Strong Systematic Trading Strategies - David Bergstrom
In episode 90 of the Desire To Trade Podcast, I interview David Bergstrom, a trader and a pro when it comes to creating strong systematic trading strategies and testing them. David has been developing a software that helps traders test trading strategies in a matter of a few hours, so I was curious about the process he undertakes to truly validate an edge in the market. Trading over 100 strategies at this point, David also has a solid process he goes through wen it comes to deciding what exactly to trade. That is a great lesson for any trader. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Test everything" - David Bergstrom In This Episode, You’ll Learn… The jump from manual to automated trading How David tests everything he trades How to trade over 100 trading strategies on multiple markets The lessons David got from Wall Street The importance of having different types of trading strategies The type of trading strategies that work well with algorithmic trading How you do one thing is the way you do everything. And much more! DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find David Bergstrom? Website Twitter Email What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
5/1/2017 • 33 minutes
3 Reasons You Should And Shouldnt Use TradingView As Your Charting Platform
Several months ago, I stopped using my favorite charting platform - Meta Trader 4 at the time - to do all my technical analysis on TradingView. After being asked on several occasions, I thought it was time for me to come up with a TradingView review and to discuss the things I like and don't like about the online charting platform. What Is TradingView? To start with, I just want to ensure I eliminate the confusion about what TradingView is and isn't. In short, it's an online portal with charts...but it doesn't stop there. TradingView is an entire social/trader's network where anyone can publish a trade idea. For some notable people to follow (if you have any recommendations, let me know!): Akil Stokes - https://www.tradingview.com/u/Akil_Stokes/ Jason Graystone - https://www.tradingview.com/u/J_Graystone/ Etienne Crete (yeah, that's me) - https://www.tradingview.com/u/EtienneCrete1/ The first thing I must point out is that TradingView is accessible pretty much anywhere (by that I mean it isn't blocked in China, and you can access it even from a mobile device). 3 Reasons To Use TradingView Ability To Draw Anything On Any Chart I'm a really visual person, and I felt kind of limited by the idea that I could only draw horizontal/vertical lines in Meta Trader 4. I know there are a couple of different shapes and other tools in Meta Trader, but TradingView is way ahead. Whenever I want to explain something to someone or draw for my own reference (where I think the price will go), I take the pen inside TradingView to draw freely. Not only that but literally all the trading tools you could ever think of placing on your chart are there. Not that I'm a fan of complicating things, but I know people who have complicated trading styles. Although it can be challenging to draw with a computer mouse, you end up getting used to it, and that allows you not to forget anything anymore. Ability To Split Your Screen Into Many Synced Up Charts Depending on your trading style, you might need to look at multiple time frames prior to entering a trade. That can be a real pain! Often you need to click a button and switch back and forth between the time frames. Or, you can open up multiple charts in advance, in which case your drawings/indicators will only appear on one chart. TradingView makes looking at the timeframes much easier by allowing you to see multiple charts on the same screen. What's even better is that your drawings can be synced up on all charts if you choose to. Then, whenever you look at various currency pairs from your watchlist, you can lock the timeframes you selected so that they remain the same whatever you look at. That's probably my favorite thing in TradingView! But there's one more thing I want to mention... Accountability By Publishing Your Trade Ideas Accountability is precious. I've personally seen traders significantly improved when they started sharing what they were doing with other traders. Some experienced traders even go as far as sharing their stats every month with their wife or husband. That way they feel accountable to someone, and it pushed them to work harder. What's great is that, in the case you don't have anyone to keep you accountable, the online world becomes an amazing resource. TradingView has a social function through which you can publish trade ideas. Those ideas are images of potential trades based on your analysis. Publishing those trade ideas forces you to make sure that you respect the analysis part of your plan. And the fact that TradingView is such a big platform makes it very likely that people will interact with your trade ideas, perhaps creating an opportunity for you to learn from other traders as well. 3 Reasons Not To Use TradingView You Have To Pay For Some Basics Features As TradingView offers some amazing features, a fraction of them is reserved for paid members. For instance, a screen with multiple charts will require you to purchase a Pro subscription. For me, that's not much of a problem because I expect I'll need to pay if I want a very solid tool. However, it has to be mentioned as one of the reasons new traders may abstain from using TradingView. You'll Need To Have 2 Platforms At All Times TradingView by itself isn't a trading platform through which you can place trades. While it is true that TradingView associated with some brokers like Oanda and FXCM, in most cases you won't be able to enter your trades from the charting platform itself. That means you'll be required (pretty much all the time) to use your broker's platform in addition to TradingView. It can be a bit confusing at first, especially when you're used to doing everything with one platform. Charts Don't Always Sync Up One of the troubles I have seen on TradingView is that you never really know whether the drawings you made on your chart got saved. Sometimes, closing your browser too fast makes you lose all your recent analysis work. TradingView Plans Right now, TradingView offers 4 plans with different advantages. Although I am aware that these plans might change, here's a quick breakdown of what they include at the moment: Free: good for one chart at a time with indicators. Pro: great option to start and add a few more features to your experience (at $9.95/month) Pro Plus: pretty much all the features a trader could need and it's unlimited (that's the plan I'm on) Premium: includes a couple of fancy features such as SMS alerts Is TradingView For You? For me, I think it became a must. When I travel, there's no way I'll run Meta Trader 4 on my Mac as it consumes way too much battery. Having a website I can easily access makes it easier to load a chart quickly and close it whenever I want. I can draw anything and share it with "anyone" (I include my trading journal in 'anyone'). However, if you're always trading at home or on a PC, TradingView might not mean the same thing. It's up to you to see whether you'll truly benefit from it - although I doubt you won't. You Turn... I hope this TradingView review has helped you understand what that tool was all about. I could go on and on talking about the things I like about the platform, but there are also other things not to like. That's why I need your help! Are you an active user of TradingView? What do you like/dislike about it? Comment below and we can chat! Disclosure: I am not paid by TradingView to write this post. I just love the tool :) This post may contain affiliate links. I may receive a small commission if you choose to purchase something from a link we post. Don’t worry, it won’t cost you anything. This small percentage just helps me produce more content and shows me you care about what I do. I'll always appreciate your support!
4/27/2017 • 11 minutes, 5 seconds
089: The 3 Pillars of Your Success in Trading - Mandi Pour Rafsendjani
In episode 89 of the Desire To Trade Podcast, I interview Mandi Pour Rafsendjani, a trader & coach that was recommended to me by a listener of the podcast. Mandi shared some really important insights on what she considers to be the pillars of your success in trading. She has already helped and coached a lot of traders by showing them why they act a certain way and how to evolve to the next level of trading. What amazes me the most is how Mandi simplifies the things that make traders successful into a 3-part framework, which she detailed during the interview. More About Mandi Pour Rafsendjani Mandi Pour Rafsendjani has been an active trader in the financial markets for over 15 years, trading a variety of instruments such as Equities, Futures and CFD’s (SNP500, Dow Jones [Emini], XJO, DAX, Commodities and Forex). Today she is not only an active trader specializing in the German DAX and Forex, she is also a highly trained coach helping traders worldwide on the subjects of Trading Performance, Strategy Improvement, Increasing Profits, releasing Blockages around Money and Self-Sabotaging Behaviour, applying cutting edge tools from Neuro-Linguistic Programming (NLP), Meta Dynamics ™, Neuro-Science and Behavioural Finance blending in elements from Buddhism, Mindfulness and Yogic Principles. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Every successful trader has a dark past & every losing trader has a bright future." "Tell me your goals and I know your dreams, tell me your standards and I know what you'll achieve in life." "Be efficient with your time and show kindness to others." In This Episode, You’ll Learn… What a trading strategy should be composed on. How to really trade for your personality. What the 3 pillars of your success in trading are. Mindset, Behavioral finance, Performance. How to work on each pillar of success. How to focus on the process. The importance of not getting down on yourself for the lack of success. How you do one thing is the way you do everything. And much more! What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! Resources Mentioned In This Episode Book: Rich Dad Poor Dad by Robert Kiyosaki Book: Thinking Fast & Slow by Daniel Kahneman Author: Steve Ward (I personally recommend TraderMind) DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Mani Pour Rafsendjani? Website Facebook LinkedIn Twitter
4/24/2017 • 51 minutes, 27 seconds
087: Increase Your Trading Capital By $70,000 - Raj Turner
In episode 87 of the Desire To Trade Podcast, we discuss exactly what you need to know to increase your trading capital as I interview Forex trader Raj Turner based in Kingston, Jamaica. More about Raj Turner Outside his trading, Raj is a trained Engineer & Certified Supply Chain Manager. As a trader of the major pairs in the Foreign Exchange Market, he looks for swing trades (medium term) as that's what he believes to be most profitable. He got in the market or the first time about 10 years ago and has recently won 7x the TopTradr financing for $10,000 Learn About TopTradr A couple of weeks ago, I was approached by someone from TopTradr and I liked the concept of their app, so I thought I'd include a small description of what they do with this podcast episode... TopTradr is a companion app for your trading. It's designed to give you greater scope to realize your ambitions. By linking an MT4 account from one of their recommended brokers, the app ranks your profile versus other traders for a chance increase your trading capital and manage a $10,000 prop account. It's very easy to get involved: first create your profile, then link a trading account via a recommended broker and you can start trading. >> Check Out TopTradr I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! In This Episode, You'll Learn... What a typical day looks like in the life of Raj Managing to trade profitably with a full-time job What TopTradr is about The steps Raj had to go through to see consistency in his trading The few things "hobby traders" have to overcome to get profitable How to increase your trading capital progressively The beauty of trading a bigger account Simplifying your trading strategy to remember it easier The power of being in a supportive community And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned In This Episode Risk Of Ruin Calculator: I use the one from Chris Capre all the time! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
4/10/2017 • 37 minutes, 29 seconds
086: A Female Stocks Day Trader On Dark Pool Trading & Discipline - Stefanie Kammerman
Stefanie Kammerman: A Female Stocks Day Trader On Dark Pool Trading & Discipline In episode 86 of the Desire To Trade Podcast, I interview Stefanie Kammerman, is the founder of The Stock Whisperer Trading Company, a published singer/ songwriter, an educator, a coach and a trader. Her journey in trading started back when she and her friend decided to attend a traders' event that led her to engage trading travel, teach and gain more money. Show notes: http://www.desiretotrade.com/stefanie-kammerman/ More about Stefanie Kammerman In just a year, she mastered the overnight trading system with the best traders and learned not to think about the money, but to only trade correctly. In fact, her first year of trading she won the trader of the year award. Now, she is popularly known as "The Stock Whisperer", doing workshops, teaching beginners and veteran traders all over the world on how to swing trade through her online training room, The Java Pit. Throughout this interview, Stefanie shows her love and passion to trade that makes her happy that she don't want to miss a single minute in trading and her priceless goal is to change people's live. I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Bullish above, bearish below, no thinking. @VolumePrintcess @VolumePrintcess's advice: Enjoy the process. In This Episode, You'll Learn... How Stefanie come across the trading market What is dark pool trading $SPY: Massive Dark Pool Level Why sometimes the market comes up or down so much The things that she learned that makes her a successful trader What was her best trade Transition: from a successful multi-trader to coaching and teaching career The key to spotting dark pools The suggested dark pool software to be used for those interested The key to giving you a successful trading rate How Stefanie deals risk Factors you're going to look at when dealing risk How to identify the past and present market Why she loves the day trading The hardest part she noticed for the new traders Patience: knowing when to enter and not to enter Testing and strategy to make more money The positive traits that must have as a trader Boot Camp: Reboot traders And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Nenad Kerkez? Website Twitter Facebook LinkedIn Youtube Stocktwits Google Plus About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
4/3/2017 • 52 minutes, 21 seconds
085: Trading Small Accounts And Analyzing The Market Like A Pro - Nenad Kerkez (Tarantula)
Nenad Kerkez: Trading Small Accounts And Analyzing The Market Like A Pro In episode 85 of the Desire To Trade Podcast, I interview Nenad Kerkez, is a Senior Technical Analyst and Lecturer at Admiral Markets, trader, author, and blogger. First started in trading when he was 30 years old. He decided to engage much deeper into financial markets and stumble to Forex, the market he is now trading today. Show notes: http://www.desiretotrade.com/nenad-kerkez/ More about Nenad Kerkez Now, he is managing and running a thread on ForexFactory (Spider's Den) under the name of Tarantula (T@rantula). a Forex daily chart trader. He has an experience in Finance, Economics, Investments, Equities and the main contributor to winning the Best Educator award of 2016 at the UK Forex awards. Moreover, he is also the Creator of CAMMACD Professional Price Action method. He's been in the top 10minfluential traders on the FF out on 400.000 traders total and his thread gain more than 4.200.000 visits since the inception. Throughout this interview, Nenad shows his expertise and love for financial markets as well as the methods he uses for analyzing and constantly following the markets as a trader. I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! No one should start on just trading the live account immediately. @TarantulaFX @TarantulaFX's advice: Use the leverage in a smart way, go with low risk. In This Episode, You'll Learn... How Nenad's trading career started and how were his first few months as a trader Why we can't beat the markets How to trade with Demo accounts Switching accounts: how Nenad decided to go from a Demo to Live account How to treat smaller and bigger accounts to avoid loss Leverage: one of biggest advantages of Forex Trading Stuff to consider before trading ROI: Money in the bank versus money in Forex Trading The beginners' strategy and trading plan What is Holy Grail of Forex Trading is all about Tips on how to make a good trader How Nenad manages risks Advice for all traders And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Nenad Kerkez? Website Twitter Facebook LinkedIn Youtube About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
3/27/2017 • 37 minutes, 58 seconds
084: Trading The Daily Chart & Building Multiple Streams Of Income - Siam Kidd
Siam Kidd: Trading The Daily Chart & Building Multiple Streams Of Income In episode 84 of the Desire To Trade Podcast, I interview Siam Kidd, a Forex daily chart trader with a passion for building businesses. Siam has a very interesting story of how he transitioned into trading and how he had to learn to trade the hard way. Today, however, Siam has used Forex trading as part of its other streams of income to become financially independent. His trading takes on from 5 to 10 minutes a day on average, which means that Siam has enough time to concentrate on other interests/passions/businesses. Throughout this interview, Siam placed a lot of emphasis on the fact that replacing a full-time job with full-time trading is none sense. The goal of Forex trading is to increase the freedom in your life, and Siam Kidd sees trading as a stream of income. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! You need to be prepared to live like most won't so in the future you can live like most can't. @SiamKidd CLICK TO TWEET You need to be diligent (i.e. your trading journal and stats) and nonchalant (not giving a sh** about your trades) CLICK TO TWEET In This Episode, You’ll Learn… Siam’s trading and review routines The changes needed to go from not profitable to making little money in trading The changes needed to go from slightly profitable to making high returns in trading What happens when you start to treat trading as a profession How Siam maximizes his returns toward the end of the trading year How to reduce the feedback loop problem of swing trading The type of businesses Siam is interested in building And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Siam Kidd? Website Twitter Youtube About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
3/20/2017 • 53 minutes, 4 seconds
083: Success & Growth Factors In Your Trading Career - Kunal Desai
Kunal Desai: Success & Growth Factors In Your Trading Career In episode 83 of the Desire To Trade Podcast, I interview Kunal Desai, a day trader by day and industry leading instructor by night. He is the Founder and Lead Instructor at Bulls on Wall Street and has helped thousands of traders reach their trading goals through his unique live trading courses since 2010. I enjoyed seeing how passionate Kunal was about trading and helping people. He inspired me to work even harder when he said: "if you want to teach, you must be willing to work harder than your students". More About Kunal Kunal began trading stocks during the Dotcom Boom, experiencing several ups and downs while growing his account and his knowledge of how the market works. It didn’t take very long for him to realize he had a passion for trading, and that he was particularly drawn to the excitement and profit potential of day and swing trading. While he grew his skill set through experience and self-education, it was mentorship under Paul Singh that really helped Kunal recognize his strengths and weaknesses, and develop a trading system that fit his personality and goals. After years spent trading and developing a winning trading system, Kunal founded Bulls on Wall Street to teach others how to take control of their financial destinies. It started with a chat room where Kunal could talk about the stocks he was trading and watching, and a series of blogs and videos to provide market analysis. The site grew from there, as Kunal began using his experiences as a trader and teacher to hold webinars and live trading course sessions. After years of trading and honing his system, Kunal created the Bulls Bootcamp, a comprehensive trading course to impart everything he’s learned as a trader and provide the mentorship that was so helpful to him as a new trader. Today, Kunal is still trading and teaching. He’s spoken at the Trader and Investor Summit, Traders4ACause gala event, been featured in numerous podcasts, and covered in the Huffington Post, BroBible, and Inc.com. In 2015, he spoke alongside market luminaries such as Peter Brandt, Jack Schwager, and James Dalton. I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! (click to tweet) Be yourself, everyone else is taken! I'm gonna get better every day, attack the process, and the results will come when they come. The minute you want the market to do something, it's gonna do the opposite. In This Episode, You'll Learn... Why Kunal follows volatility to decide what to trade Why making money doesn't mean you make good trades How Kunal built huge accounts and destroyed them How to be "in-the-game" (in the top 5% of traders) quickly How to spot the big moves in stocks How to spot what's working right now How to marry news with technical for a perfect match The biggest challenged Kunal's student face & how they overcome them The importance of mentorship in any endeavor And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned In The Interview Get involved with Kunal's private mentoring and get a lifetime complimentary access to the Desire To Trade Academy! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Kunal Desai? Website Facebook Twitter Youtube About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
3/13/2017 • 41 minutes, 9 seconds
082: The Traveling Trend Trader On Trading Forex While You Travel - Miguel Tiexiera
Miguel Tiexiera: Trading Forex While You Travel Show notes: www.desiretotrade.com/miguel-tiexiera/ In episode 82 of the Desire To Trade Podcast, I interview Miguel Tiexiera, a Forex trend trader and active traveler who has spent years crafting his trading methodology allowing him to trade and travel the world at the same time. I brought Miguel on the show specifically because he has the knowledge of what is necessary to develop so you can trade and travel at the same time. This is also what I’ve been particularly working on in the past 2 months. More About Miguel I opened my first trading account in 1995 and with a few weeks of basic training, I thought I was ready to trade! Within a month I blew my trading account! Realizing my errors; no risk management, lack of knowledge… I still had a desire to succeed as a trader. I then enrolled in The Chartered Market Technician program. Over the next two years, I completed level I & II. During those two years, I didn’t trade as I had no capital! I spent many, many hours studying charts and the course material. Then in 1997, I got a job as a technical analyst on a forex desk with a bank and so began the next chapter in my trading career. I traded forex and interest rates over the next 12 years and in 2009 I left the bank to do some traveling. In August of 2014 while on a cycle trip from London to Lisbon I was doing 2 things that I really enjoy, traveling and trading the financial markets using a trend following approach and that is where the name “Traveling Trend Trader” comes from. I have since learned how to code trading systems and spend time doing research on new trading ideas, doing live broadcasts, writing blogs – all about trading of course and spending time in the DT community in between getting out on my bike and traveling. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Traders who do not tolerate inactivity well will often find the need to trade even when there's no edge present. CLICK TO TWEET Be patient with yourself, your system, and stick to it. - @TraderMig CLICK TO TWEET In This Episode, You’ll Learn… How Miguel started to trade Why not trading and waiting is often key How to develop patience in trading What you must put in place before you start trading Forex while you travel How to deal with difficult trading times The importance of learning how to code How to get back on track when you lose your trading habits How & why to keep researching trading ideas How to look at trading over a long-time perspective And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned In The Interview Edgewonk: Forex Trading Journal Software: purchase Edgewonk and you’ll get a complimentary access to the Desire To Trade Academy for free! Email me after your purchase so I can give you access. DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Miguel Tiexiera? Facebook Twitter Email About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
3/6/2017 • 39 minutes, 28 seconds
081: Making Trading Forex For A Living A Reality - Julian Lim
Julian Lim: Making Trading Forex For A Living A Reality In episode 81 of the Desire To Trade Podcast, I interview Julian Lim, a Forex trader based in Singapore who’s putting in the work and progressively making the jump toward scaling his full-time trading activities (i.e. trading Forex for a living). Julian started his trading journey in stocks about 5 years ago, and although it wasn’t necessarily easy, he managed to stand out by pursuing his passion for trading in the Forex market. I asked Julian for an interview after reading his notes in regards to trading for a living in a Facebook group. Julian Lim, with his down-to-earth attitude, accepted to record an interview on what he experienced while making the progressive jump to trading Forex for a living. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Money in trading is made by sitting and waiting - Julian Lim CLICK TO TWEET Money management is key. Don't lose it all at once! - Julian Lim CLICK TO TWEET In This Episode, You’ll Learn… How Julian started to trade stocks. Why Julian was able to double his account 3 times, but couldn’t keep the money. The role your friends and family play in your full-time trading. Why you don’t need a huge trading account to trade for a living. Some tips on cutting your expenses to ensure you make it in trading Forex for a living. How to destroy the need for confirmation from others. How to get back on track when things don’t go well. Many other principles to help you understand trading for a living. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned In The Interview Note: FX and Trading – Should you fork out the money for a ‘guru’? Notes On Trading For A Living (see the show notes on the blog) Edgewonk: Forex Trading Journal Software: purchase Edgewonk and you'll get a complimentary access to the Desire To Trade Academy for free! Email me after your purchase so I can give you access DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Julian Lim? Facebook LinkedIn About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
2/27/2017 • 39 minutes, 9 seconds
080: Trading Strategies & Growth Tips To Profit In The Forex Market - Paul Langham
Paul Langham: Trading Strategies & Growth Tips To Profit In The Forex Market In episode 80 of the Desire To Trade Podcast, I interview Paul Langham, a Forex trader based in Belgium with a very good understanding of price movements and how the different players interact in the currency markets. Paul spent a great amount of time trying to understand how banks were involved in the Forex market. That involved looking at price action. This work allowed Paul to work for major European and UK banks. Paul got introduced to the market after developing an interest in horse racing bets. That, although trading is fairly different in various ways, helped Paul develop a sense for probabilities that served him in his trading career. I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! When I hear it can't be done, that's when the motor gets started! - @PaulmLangham CLICK TO TWEET Never give in, but if things aren't working do something different- @PaulmLangham CLICK TO TWEET In This Episode, You’ll Learn… How Paul started to bet on horse races and how it applies to trading How to trade reversals purely with price action The #1 reason why man retail traders can’t make it as successful day traders – and how to fix that. How to find out what you’re best at trading Examples of 2-step trading strategies that work The biggest challenge for Paul in possibly starting a hedge fund And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Paul Langham’ Resources Get A Discount Off Paul’s Course With A Complimentary Access To The Desire To Trade Academy DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Paul Langham? ExactTrading Twitter YouTube Email About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
2/20/2017 • 47 minutes, 45 seconds
079: Using Forex Fundamentals To Boost Your Trading; Building A Hedge Fund - Jarratt Davis
Jarratt Davis: Using Forex Fundamentals To Boost Your Trading & Building A Hedge Fund In episode 79 of the Desire To Trade Podcast, I interview Jarratt Davis, a Forex trader and active hedge fund manager. Jarratt is based in the United Kingdoms and has helped a very high amount of traders see success in the Forex market through the use of fundamental analysis in their trading process. In this interview, Jarratt shares how he goes about analyzing the Forex market to look for trading opportunities. In addition, we also jump on the topic of trading for other people, through which Jarratt completely expanded my mind on what was possible and what to aim for! I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! The maximum you'll ever achieve is the minimum you're prepared to accept - @JarrattDavis (click to tweet) Learn the fundamentals and understand why the markets are moving- @JarrattDavis (click to tweet) In This Episode, You’ll Learn… How Jarratt got introduced to fundamental analysis Why implementing fundamentals in your trading could make you more successful What are the most important things to look for in the market How Jarratt combines fundamental and technicals information to find better setups What tool/platforms you need to get the right information The most important thing when trading for other people Jarratt wish he did it at first! How Jarratt went forward to build a hedge fund And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Jarratt Davis’ Resources Get A Discount Off Jarratt’s Training With A Complimentary Access To The Desire To Trade Academy Find Out More About How Jarratt Trades Quiz: Do You Have What It Takes To Trade Forex Full-Time DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Jarratt Davis? Website Facebook LinkedIn Twitter About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
2/13/2017 • 37 minutes, 45 seconds
078: "The ‘Chartman’ On Successfully Trading Chart Patterns" - Daryl Guppy
Daryl Guppy: Successfully Trading Chart Patterns In episode 78 of the Desire To Trade Podcast, I interview Daryl Guppy, a trader with a well-established public record of successful trade calls for trading local and global equity, commodity and FX markets. He has unique experience in trading Western and mainland Chinese markets. He is also recognized as an international investment master and his the author of 9 popular trading books. More on Daryl Guppy He has developed several technical indicators which are included in industry standard software such as DZH International, Reuters Metastock, and Omnitrader as well as many other charting programs. He developed the ANTSSYS trading indicators for commodity, index and currency markets available with Oanda. Globally many traders use the technical indicators developed by Guppy to trade equities and other markets. Guppy provides strategic market analysis for CNBC business television in his weekly column and regular TV interviews. He is a regular host anchor on CNBC Asia Squawkbox where he is known as “The Chartman”. Daryl is a regular contributor to financial magazines and media in Singapore, Malaysia, China, Australia and the US. He is a weekly columnist for Singapore’s The Edge, Business Times, China Daily and Shanghai Security News. He oversees the production of weekly analysis and trading newsletters for the Singapore / Malaysia market, and Australian markets. Daryl Guppy is recognized as a leading expert on China markets. He is in demand internationally as a speaker at financial conferences and for the delivery of training for financial organizations in Singapore, China and other parts of Asia. He has been invited to speak in more than 17 countries throughout Asia, Europe, and America. He is a member of the International Federation of Technical Analysts, the Australian Technical Analysts Association, the Technical Analysts Association Singapore and Malaysian Technical Analysts Association. For this (Chinese) new year, I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! The mountain you see is not the mountain - Chinese saying CLICK TO TWEET Find the trading method that is compatible with your personality and concentrate on trading it best. CLICK TO TWEET In This Episode, You’ll Learn… How Daryl started to trade looking only at the price Why Daryl relies mostly on chart patterns How to spot reliable charts patterns in the market How to go about placing your stop loss (new insights!) Why trading is about S.E.X. (and how to apply it) The difference between Asian and American markets Why you can’t transfer chart patterns precisely to the Forex market And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Daryl Guppy’s Books => Check out Daryl’s complete list of books on Amazon DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Daryl Guppy? Guppy Traders Facebook About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
2/6/2017 • 42 minutes, 48 seconds
077: The Universal Principles Of Successful Trading - Brent Penfold
Brent Penfold: The Universal Principles Of Successful Trading In episode 77 of the Desire To Trade Podcast, I interview Brent Penfold, a futures trader based in Sidney, Australia. Brent began trading when he joined Bank America as a trainee dealer in December 1983. It didn’t take much time for him to become fascinated with the markets. These days, Brent is a licensed Futures Adviser, specializing in trading index and currency futures, but also trades a diversified portfolio of 16 markets across 8 market sectors. What’s most interesting about his trading style is that he is usually done trading by 9:30am and has the rest of the day to concentrate on his research. I personally found out about Brent as I came across his book The Universal Principles Of Successful Trading, which I’d highly recommend. For this new year, I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! The best loser is the long-term winner. Embrace that! - Brent PenfoldCLICK TO TWEETUnderstand the risk of ruin, make it 0% & learn to be the best loser. - Brent PenfoldCLICK TO TWEET In This Episode, You’ll Learn… What are the universal principles of successful trading What’s the principle of maximum adversity. The single best measure you need to calculate about your trading. The common sayings in trading that aren’t true. Brent’s opinion on discretionary trading. Brent’s simple trading routine (to be done by 9:30am). Why you must step away from the screen. Why you need to stop researching for strategies. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Brent Penfold’s Books The Universal Principles of Successful Trading: Essential Knowledge for All Traders in All Markets Trading the SPI: A Guide to Trading Index Futures in Australia DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Brent Penfold? Index Trader About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
1/30/2017 • 51 minutes, 48 seconds
076: The Best Insights On Trading Price Action - Al Brooks
Al Brooks: The Best Insights On Trading Price Action In episode 76 of the Desire To Trade Podcast, I interview Al Brooks, who you could certainly describe as a professional trader since he left his career as an ophthalmologist several years ago. Al’s is deliberately focused on trading price action. According to what he describes, he scalps the future market every weekday by reading candlesticks. He believes that there is “significance to every tick that takes place during the day and none of what happens is noise”. For this new year, I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Price is truth!- @AlBrooksPA CLICK TO TWEET Try to find a place in the trading world where you're happy. That should be the goal.- @AlBrooksPA CLICK TO TWEET I looked at charts from 100 years ago and they are the same as charts today. - @AlBrooksPA CLICK TO TWEET In This Episode, You’ll Learn… Al’s story of going from ophthalmologist to professional trader. The role of price action in a world with computers & algorithms. What motivated Al to learn to trade. How Al recommends going about leaving your job and trading full-time. Why learning candlesticks alone won’t make you rich – and what to do about it. How to use the market statistics to structure your trades. Al shares very important percentages here! Specific details you need to know when trading price action. How Al’s trading differs in a trending market & a sideways market. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Al Brooks’ Books Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader Trading Price Action Reversals: Technical Analysis of Price Charts Bar by Bar for the Serious Trader Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for the Serious Trader Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Al Brooks? Brooks Trading Course Twitter Facebook LinkedIn Youtube About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
1/23/2017 • 46 minutes
075: Are You Looking To Trade For Profit Or For Action? - Rob Booker
Rob Booker: Are You Looking To Trade For Profit Or For Action? In episode 75 of the Desire To Trade Podcast, I interview a guest that had to be on the podcast a long time before: Rob Booker. Rob is a Forex trader who has been featured in Millionaire Trader, a book by Kathy Liens. Rob has been trading for the past 17 years and is a fellow podcaster. He has hosted the Traders Podcast, which has over 500 episodes destined to help traders live better and trade more profitably. In the past few months, Rob Booker has shifted his trading from manual to algorithmic, by relying on robots to enter & exit his trades. This has been one of his great challenges, but Rob accepted it, and now start seeing the benefits of using robots to accomplish his trading on a daily basis. For this new year, I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Stop learning how to trade and start making money. - @robbooker CLICK TO TWEET Every trading system is terrible at something. - @robbooker CLICK TO TWEET We overestimate what we can do in 1 year and we underestimate what we can do in 7 years. - @robbooker CLICK TO TWEET In This Episode, You’ll Learn… How Rob made most of his money in the Forex market. The secret behind Rob’s high level of energy. Why you need to accept being a beginner again. Rob is a great example of accepting that. The myth of “the one BIG trade” that makes you rich. How Rob has been able to save a lot of time. The dangerous reality of changing your strategy too often. How to accept the downside of your trading system. Everything behind Rob Booker’s transition to algorithmic trading. The way in which Rob sees trading plans. They aren’t plans, they are habits! Why you need to be absolutely honest with yourself. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results (I personally highly recommend this book!) Rob Booker’s Book Adventures of a Currency Trader: A Fable about Trading, Courage, and Doing the Right Thing DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Rob Booker? Website Twitter Facebook LinkedIn Youtube About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
1/16/2017 • 41 minutes, 27 seconds
Forex Trading QA - 2 Tips For Trading With A Full-Time Job
In this Q&A episode, I discuss how someone can better trade with a full-time job. That involves knowing how to best manage your time and implementing a few things to make sure you remain effective. 2 Tips For Trading With A Full-Time Job Most people starting off in Forex trading don't have the chance to trade full-time from day #1. Tip #1: Establish A Solid Schedule And Block Off Time The first to trade while having a full-time job is to spend some time planning how you'll spend your time. I discuss how I block time off in my calendar constantly. That is very important for me to stay focused. Tip #2: Prepare, Trade, And Review Every Time While it can be easy to show up, trade, and leave, that is a sure way not to move forward. As a trader of any kind trading with a full-time job, you must combine 3 major activities. Even if you prepare or review for 5 minutes, that's still a good start! The advice shared in my Facebook Live Q&As are based on my own experience and the interviews I had with multiple successful traders on the Desire To Trade Podcast.
1/12/2017 • 10 minutes, 34 seconds
074: Forex On Five Hours A Week For Maximum Profit - Raghee Horner
Raghee Horner: Forex On 5 Hours A Week For Maximum Profit In episode 74 of the Desire To Trade Podcast, I interview Raghee Horner, a Forex trader who specializes in intraday trading and has helped a lot of people simplify their trading. Raghee has gained a lot of experience through nearly 30 years in the market. She has gone from futures and stocks trading before finally getting in the Forex market. She is of the opinion that a trader is, before all, an entrepreneur. That is a very important distinction because there are still things that must be done outside of placing trades to survive in this industry. For this new year, I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Ask yourself: do I really want to be a day trader? If so, go for it! - @ragheehorner A trader is an entrepreneur. - @ragheehorner Keep it simple...(the best trading advice)- @ragheehorner In This Episode, You’ll Learn… How Raghee went from knowing nothing about Forex to trading Forex full-time. How to deal with the transition from the London to New York session. The tools Raghee uses to trade. Why it’s crucial to know when your strategy works – and how to do it. The simple question you can ask yourself to figure out when to trade. How Raghee sees day trading in comparison to swing trading. The 2 biggest mistakes Raghee sees her students make. How to use self-awareness in trading And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Raghee Horner’s Books Thirty Days of FOREX Trading: Trades, Tactics, and Techniques ForeX Trading for Maximum Profit: The Best Kept Secret Off Wall Street Forex on Five Hours a Week: How to Make Money Trading on Your Own Time DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Raghee Horner? Simpler Trading RagheeHorner.com Twitter Youtube About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
1/9/2017 • 36 minutes, 36 seconds
Making Your Trading Strategy Better & The Trading Year In Review
In this Q&A episode, I discuss the process of making your trading strategy better and I also do a review of my trading year. The Trading Year In Review It is very important for any trader to look back at the year that went by to evaluate things that went well and things that didn't go very well. Personally, I'm proud of the capital I've been able to collect in 2016 through a few investors. However, I'm not particularly happy with how I handled my July 2016 drawdown. On the positive side, I see this drawdown as a great learning opportunity. Making Your Trading Strategy Better Personally, every strategy I currently trade is composed of 4 parts: Market phase Support/Resistance areas Price action (including but not limited to candlesticks) Indicator All those factors, when combined, create confluence. Making your trading strategy better involves looking at the 4 parts mentioned above and adding criteria to limit yourself to trading higher quality trades. The advice shared in my Facebook Live Q&As are based on my own experience and the interviews I had with multiple successful traders on the Desire To Trade Podcast. Questions Answered: How can I improve my strategies? I trade with the 8 EMA and buy/sell when the price crosses it. What do you think of that? What's the best amount of leverage to use? What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
1/5/2017 • 20 minutes, 7 seconds
073: Holiday Special with Master In Risk Management & Futures Trader - Michael Toma
Michael Toma: Master In Risk Management & Futures Trader Episode 73 of the Desire To Trade Podcast is starting off the year strongly! I'm planning on bringing you the best trading-related podcast that gives results. Still, as part of the Holiday special, I'm interviewing for the second time Michael Toma. I selected guests that had made an impact on me throughout the year and Michael was definitely one of them. In short, Michael Toma is a futures trader and I consider him to be a master when it comes to risk management (although that's a wide topic) >> Listen to the first episode with Michael Toma I've had the chance to connect with him in person once and Michael always impresses me by the wisdom he has when it comes to the execution part of trading. As a futures trader, he understood that he didn't need to be active in every market to make money but that he did need to leave his trades run if he wanted to pay for his lifestyle. For this new year, I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. In This Episode, You'll Learn... A simple and clear definition of your role as a Forex trader. How to identify what you need to work on as a trader. Trading on-the-go and the importance of simplicity. How to use Market Profile in your trading (that's a really interesting part!) The places where Michael sees most traders fall short. Why it is essential (but weird) to scale up by increments when you trade. Michael and I share both of our experiences. The BEST advice Michael has to give in regards to 2017. That starts off the year really strong! And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Michael Toma's Book The Risk of Trading: Mastering the Most Important Element in Financial Speculation Resources Mentioned Market Profile DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Michael Toma? Facebook About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
1/2/2017 • 42 minutes, 27 seconds
Forex Trading Q&A - How To Be Disciplined & Keys To Using Indicators
12/29/2016 • 17 minutes, 6 seconds
072: Holiday Special with A Multiple Market Trader - Chris Claflin
Chris Claflin: Multiple Market Trader Episode 72 of the Desire To Trade Podcast is part of the Holiday special, during which I'm bringing back guests I've had previously on the podcast. I selected guests that had made an impact on me throughout the year. In this episode, I interview Chris Claflin, a multiple market trader, who is currently involved in futures and Forex. >> Listen to the first episode with Chris Claflin Chris started being more involved in the Forex market during the past few months. That makes him a multiple market trader. Throughout this interview, he shared his 5 keys to successful trading. Those apply in any market. In addition, we discussed some of the techniques Chris uses to trade on more than 1 market. The goal is to make trading multiple markets not too confusing. Patience is also a topic we dive onto as many traders I talk with are finding it difficult to remain patient and accept that successful trading takes time & effort. Share This! [bctt tweet="When you see the market as risk, reward, and money, it gets much less confusing." username="DesireToTrade"] In This Episode, You'll Learn... Why Chris started to trade currencies. Specific trading routines that give results. Chris' 5 key for successful trading & how traders fail at not following them. How being patient can help you. Managing your risk in trading (the proper way). Chris' challenge to make $1M before 30 and the reasoning behind it. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Chris Claflin? The Market Secrets Instagram About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
12/26/2016 • 49 minutes, 20 seconds
Forex Trading Q&A: Removing Luck & Simple Ways To Win In The Forex Market
In this Q&A episode, I discuss the idea of relying on luck to make money as a trader. This is obviously a bad way to go about things even though several struggling hope their trades will work out without defining a process or a system. The advice shared in my Facebook Live Q&As are based on my own experience and the interviews I had with multiple successful traders on the Desire To Trade Podcast. Removing Luck & Simple Ways To Win In The Forex Market Once you've removed luck from your trading, do not fall into the trap of adding an unlimited amount of variables to your trading strategy. A lot of traders think they must find the perfect way to make money in the market... That is not your job. You and I, as Forex traders, need to make our plan as simple as possible. That is the primary reason why I use a One-Page Trading Plan. In my opinion, there's no need to look at other markets to confirm a trade you're about to place. In addition, if you are a technical trader, you do not need to spend hours trying to interpret the news in the Forex market. If you want to trade multiple timeframes, do not make the mistake of looking for trades on all time frames at all times. That's not the way it works. I explain how I do multiple timeframe analysis in this podcast episode. What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
12/22/2016 • 20 minutes, 33 seconds
071: Holiday Special With A Full-Time Retail Trader - Houston Truong
Houston Truong: Holiday Special with A Full-Time Retail Trader Episode 71 of the Desire To Trade Podcast is part of the Holiday special, during which I’m bringing back guests I’ve had previously on the podcast. I selected guests that have made an impact on me throughout the year. In this episode, I interview Houston Truong, a full-time retail trader who, in the past year, left his job to concentrate only on his activities as a stocks trader. Houston has made an immense impact on me. He was the one who inspired me to start the Desire To Trade Podcast in September 2015. He also taught me a lot about routines, mindset, and peak performance. >> Listen to the first episode with Houston Truong I currently co-host the Montreal Traders Meetup with him, through which we set up in-person events for traders monthly. In this interview, Houston and I went back to reflect on the year, the one in which Houston left his job. We also discussed how someone has to go about leaving his job to trade full-time. Houston is particularly concerned about the topic of continuous learning. Unfortunately, we’ve seen many traders who become consistent, and then stop learning forever. That is not a very wise way to go about it. Instead, traders from all ranges of experience should keep feeding their minds with useful information to keep growing. It is a fact that markets change, and that makes it necessary for traders to adapt. Share This! @RealTradingEdge is back on the @DesireToTrade Podcast for a Holiday special! CLICK TO TWEET Knowledge shouldn't be an end. Prioritize skills over knowledge. @RealTradingEdge CLICK TO TWEET In This Episode, You’ll Learn… The things Houston has been doing in the past year. How to set up a trading office & the benefits. The steps Houston took to leave his job. How to continually challenge yourself. How to build competence as a trader. Why it’s essential to keep learning & how to do it. What’s the special Holiday giveaway Houston organizes (exclusive for the Desire To Trade Podcast!). And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Holiday Giveaway (until Jan. 2nd, 2017)! Sign up for the giveaway (it’s free!) DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Houston Truong? The Trading Edge Facebook Twitter About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
12/19/2016 • 42 minutes, 28 seconds
Q&A: 5 Things You Must Know Before You Start To Trade Forex
In this Q&A episode, I discuss the 5 things I believe all traders must know before starting to trade Forex. Those 5 keys to trading are summarized below. The advice shared in my Facebook Live Q&As are based on my own experience and the interviews I had with multiple successful traders on the Desire To Trade Podcast. 5 Things You Must Know Before Starting To Trade Forex I wanted to share those 5 things you must know as they are often overlooked. Looking back at my trading, those are things that would have helped me without a doubt. #1: Track Every Single Trade If you do not track, you have no way to go back and find ways to trade better. That is the reason why I recommend you start tracking every single one of your trade from now on (no matter what). If you take bad trades, track them. If you take trades that do not respect your plan, track them. And obviously, do not stop to track when things are going well. And obviously, do not stop to track when things are going well. Keep it going! #2: Trading Is A Game Of Probability It's not because you read about a strategy and implement it flawlessly that you will see success. It is well-known by most experienced traders that any trading strategy goes through a period of consecutive losses. At that point, you need to remind yourself that trading is a game of probability. That being said, you can have a general idea of the win rate your strategy is expected to have, but you can never know how many losses you'll have to go through before you reach the win rate you expected from the start. #3: Trading Comes Down To 3 Simple Types Of Trades No need to complicate trading. Most often, when traders feel overwhelmed, it is due to the fact that they try trading everything at the wrong time. By focusing on understanding the types of trades, and then selecting one you'll learn to trade, you will be able to bring back a great chunk of the simplicity that surrounds Forex trading. Successful currency trading, after all, is about focusing on certain types of trades, and placing the odds in your favor (see #2). #4: Testing Builds Confidence The only way to build confidence as a trader is to see results. Those results can either come from a live trading account or from testing. The ladder is much less stressful, so I recommend you focus on testing before you ever put real money in a trading account. The more you look at charts containing examples of your trading setup, the more familiar you get with your setup. You no longer worry about whether your trading strategy works or not because you've seen more than enough trade examples. Testing definitely builds confidence. If you do not feel confident about your trading strategy, you haven't done enough testing. #5: The More You Automate, The Easier It Gets You do not need to create an algorithmic trading system that will replace you, but you absolutely need to understand the importance of creating successful trading habits. Those are things you do every time without thinking because you have created a routine. Good examples of automation could be: Placing a stop loss when you enter a trade Review your trades every Sunday Look at the news prior to entering a trade And much more... The way you want to go about creating habits is to do the action several times until you no longer have to think. You might want to start by placing a reminder on your screen until you no longer need the reminder. That has been a wonderful trick for me! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy (lifetime membership promo until Dec. 18th 2016!) About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
12/15/2016 • 11 minutes, 3 seconds
070: A Successful Trader Traveling Around The World - Moritz Czubatinski
Moritz Czubatinski: A Successful Trader Traveling Around The World In episode 70 of the Desire To Trade Podcast, I interview Moritz Czubatinski, a Forex and futures trader currently living in Hong Kong. What I find really interesting about Moritz is that he has been able to travel the world while trading. That is definitely one of my personal goals (I’ll keep you updated!). Interestingly enough, Moritz transitioned from his career as a professional Poker player to a full-time trader traveling the world. However, he had to go through an office job in Beijing in-between. He is also the founder of the blog Tradeciety along with Rolf. Moritz places a particular emphasis on trading journals. For him, having a journal is essential to successful trading. In fact, “I’ve never seen a profitable trader without a trading journal.’, he says. It is for that reason that Moritz created Edgewonk, a trading journal software. Share This! I've never seen a profitable trader without a trading journal. - @tradecietymc CLICK TO TWEET Motivation comes from doing. - @tradecietymc CLICK TO TWEET In This Episode, You'll Learn... How Moritz started to trade Forex and futures. How he transitioned from playing Poker to trading full-time. How the futures market differs from Forex. What's the easiest way to trade while traveling How Moritz left his job to trade The best single piece of advice you need to live from trading The things Moritz has to put in place to see trading results faster Moritz uses a "Sirtfood Diet". Learn more here! Everything you need to learn about trading journals And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Trading Journal: Edgewonk: Your Professional Trading Journal DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Moritz? Tradeciety Edgewonk: Your Professional Trading Journal Facebook Twitter Instagram Youtube About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
12/12/2016 • 37 minutes, 19 seconds
Q&A: Day Trading Forex - How To Stop Impulsive Trades Before They Occur
Day Trading Forex: How To Stop Impulsive Trades Before They Occur In this Q&A #7, I discuss the topic of impulsive trading, especially for people who are day trading Forex. In addition, I go through the 3 questions I ask myself weekly to identify the problem I face in my trading, and how to overcome them. That has made an immense difference. The advice shared in my Facebook Live Q&As are based on my own experience and the interviews I had with multiple successful traders on the Desire To Trade Podcast. This episode ends with a quick discussion on trading beliefs. Those can either make you broke or rich. Therefore, I suggest you spend some time evaluating your beliefs. A good way to start would be to listen to my interview with Dr. Van Tharp as he describes the belief examination process he makes his students go through. In This Episode, You'll Learn... What are impulsive trades The simple question that will keep you out of bad trades The 3 questions to evaluate your progress & get consistent profits faster Why your beliefs can make you a broke trader - and how to change that! Share This [bctt tweet="I've never seen a book telling you to surround yourself with other traders, yet it's so crucial" username="desiretotrade"] What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned My interview with Dr. Van Tharp DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy (lifetime membership promo until Dec. 18th 2016!) About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
12/8/2016 • 8 minutes, 57 seconds
069: Mindset & Technical Keys To Trading Income - Anmol Singh
Anmol Singh: Mindset & Technical Keys To Trading Income In episode 69 of the Desire To Trade Podcast, I interview Anmol Singh, a stock, and Forex trader. The thing I find interesting about Anmol is the efforts he puts to trade those two markets both intraday and swing. In short, this interview is packed with very tactical and comprehensive tips in regards to trading routines and the “how-to-trade” aspect. However, Anmol surprised me by sharing great advice on building a mindset that will help you generate an income from trading. I sincerely believe that the way to improve the most consists of improving your mindset and state of mind prior to trading. Anmol had great tips on that. Overall, one of the biggest lessons you can get from this interview is the power of walking away from your trading desk. Often times, you are much better removing yourself from the equation and leaving the market do its job. Your job as a trader is to accept the loss or profit and to keep executing as you should. You shouldn’t be there to watch every single move the market does as this will often push you to act or feel stressed. It’s simply counter-productive. Share This! Return on your investment is way more important than return on your ego!. @DeltaNinetyCLICK TO TWEETYou can either pay for knowledge of for not having enough of it. @DeltaNinetyCLICK TO TWEET In This Episode, You’ll Learn… How Anmol Singh started to trade both stocks and currencies. Specific trading routines that give results. How to get yourself into the right trading mindset. How to use reward & punishment – concrete examples that work. “Treat yourself like a dog” :) The backtesting, forward-testing, and tracking basics. The power of walking away from your trading desk. The differences between stocks and Forex trading. The biggest challenge Anmol faced in trading. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Free eBook: Behind The Curtain – Trading Secrets Exposed DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy (lifetime membership promo until Dec. 18th 2016!) How To Find Anmol Singh? Website: Live Traders Facebook Twitter Instagram Youtube About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
12/5/2016 • 39 minutes, 3 seconds
ONE Simple Thing To Improve Your Trading & Using Candlesticks In Forex Trading
ONE Simple Thing To Improve Your Trading & Using Candlesticks In Forex Trading Every Friday, I host a live Forex Trading Q&A on Facebook. In this Q&A #6, I discussed the ONE thing you can do to improve your trading quickly. In addition, I discuss the use of candlesticks in the Forex market. This is based on my own experience. As a matter of fact, I met a fellow trader in person for the first time around the month of June 2015 and that has made a significant impact on myself and my trading. It is also one of the major reason why I started the Desire To Trade podcast. When it comes to candlesticks, I believe that traders spend too much emphasis on the candle close. That might be useful on a high timeframe but it doesn’t mean much on a very low timeframe. In This Episode, You’ll Learn… Algorithmic vs. Manual Trading ONE Simple Thing You Can Do To Improve Your Trading Quickly My Take On Using Candle Close To Trade Using Market Sentiment In Your Trading Share This I've never seen a book telling you to surround yourself with other traders, yet it's so crucialCLICK TO TWEET What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Interview with Kevin Davey on algorithmic trading DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
12/1/2016 • 18 minutes, 59 seconds
068: Trading Tips From A Forex Scalper - Jean-François Boucher
Jean-François Boucher: Trading Tips From A Forex Scalper In episode 68 of the Desire To Trade Podcast, I interview Jean-François Boucher, a Forex scalper located in Jasper, Alberta. Jean-François started to trade stocks in the 90s as he worked for IBM. After losing countless amounts of money in options, he discovered the Forex market. What I particularly like about Jean-François is his down-to-earth approach to trading. As a matter of fact, he knows there are no tricks to succeed quickly in trading. You must put in the work. He also mentions a crucial fact, that is, risking 1% per trades allows you to come back. While we often see people risking way more than that, Jean-François’ advice is still very important. You can’t expect to increase your risk too high and stay in the game of trading for very long. As traders, we are professional losers, so we better account for that. Jean-François says: “it always starts small”, and that is the mindset you need to have if you want to see progress without blowing up countless trading accounts. Share This! You are your own holy grail. - Jean-Francois Boucher CLICK TO TWEET Stay 99% flat always. Put 1% on your trades. - Jean-François Boucher CLICK TO TWEET In This Episode, You’ll Learn… How Jean-François first got involved in the Forex market. The advantages of trading the Forex market. How to go through the different phases of trading. Losing money, breaking even, making some money, making tons of money. How to remove (or reduce) indicators from your trading. What the world looks like for a scalper. How to scalp the market effectively. An interesting way to journal about your trades. The problem with trading robots Very important money management rules no one mentions. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Jean-François Boucher? Website: JasperForex Facebook About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
11/28/2016 • 33 minutes, 46 seconds
2 Reasons Why Traders Blow Up Their Accounts & The Power Of Consistency
2 Reasons Why Traders Blow Up Their Accounts & The Power Of Consistency Every Friday, I host a live Forex Trading Q&A on Facebook. In this Q&A #5, I discussed reasons why traders blow up their accounts. This topic came up after I had multiple people reaching out to me, as they felt discouraged saying they blew up their trading accounts. In the end, there are only 2 reasons this can happen: You risk too much on any given trade (money management). You have no tested plan. As much as aspiring traders want a quick & easy solution, there's no need to complicate things here. Create a plan, test it, and ensure you have a way to stay in the trading game (hint: not risking too much money on any trade). A good way to put down your trading plan is with my One-Page Trading Plan Template (you can download it for free!). The second topic covered in this Q&A is consistency. Simply put, most struggling traders aren't consistent and focus solely on making money. However, once you become consistent in trading, doors open to you. As a matter of fact, I was able to trade for investors and other people because I had that consistency In This Episode, You'll Learn... 2 Main Reasons Why Traders Blow Up Their Trading Accounts How To Create Your Trading Plan In A Very Short Period The Money Management Guidelines I Follow How To Exponentially Grow Your Consistency In Trading Share This "The holy grail of trading is consistency. Become consistent and doors will open to you." -> Click to tweet! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Interview with George Papazov Interview with Alwin Ng Interview with Ryan Herron How To Avoid Blowing Up Your Trading Account Guide To The Ultimate Trading Plan Download the 1-Page Trading Plan Online Forex Trading Summit on Nov. 23rd DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
11/23/2016 • 17 minutes, 11 seconds
067: Building Winning Algorithmic Trading Systems - Kevin Davey
Kevin Davey: Building Winning Algorithmic Trading Systems In episode 67 of the Desire To Trade Podcast, I interview Kevin Davey, an algorithmic trading system builder, and trader. He is the author of a very well written book on the topic titled Building Winning Algorithmic Trading Systems. The number of trading systems developed by Kevin is impressive. At the time of recording the interview, he had 95 trading strategies. Over his 25 years of experience, Kevin has been developing, analyzing, testing and creating trading strategies in every futures market from the e-mini S&P to crude oil to corn to cocoa. At the moment, he trades full-time for his own personal account, while helping traders around the world see more results in their trading. Kevin contributed to the excellent trading book The Universal Principles of Successful Trading by Brent Penfold, where he was featured as a “Market Master.” That book was part of my list The Forex Trading Books That Incredibly Improved My Own Trading In This Episode, You'll Learn... How Kevin started with automated systems trading How he lost $1,500 on a $5,000 account in a single week! The myth of algorithmic trading & trading psychology. The step-by-step process Kevin uses to build winning algorithmic trading systems. The main tasks of an automated system trader. How Kevin was able to build several algorithmic trading systems. What most traders do wrong when trying to create a trading system. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Kevin Davey's Book: Building Winning Algorithmic Trading Systems, + Website: A Trader's Journey From Data Mining to Monte Carlo Simulation to Live Trading (Wiley Trading) DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Kevin Davey? Website Linkedin Twitter Email About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
11/21/2016 • 40 minutes, 53 seconds
Forex Trading Q&A: You Cannot Predict News in Forex & Improving Your Trading
Forex Trading Q&A: You Cannot Predict News in Forex & Improving Your Trading This is a Live Forex Trading Q&A I hosted. We discussed very important topics that you can surely learn about. Join the Facebook group: www.desiretotrade.com/group/
11/17/2016 • 16 minutes, 37 seconds
066: Precise Ways To Improve Your Trading Skills - Georges Papasov
Georges Papasov: Precise Ways To Improve Your Trading Skills In episode 66 of the Desire To Trade Podcast, I interview Georges Papasov, a trader from Bulgaria George Papazov started trading in his teenage years, fueled by his father’s inspiration and propelled by the desire to achieve his wildest dreams. As a teenager he designed and implemented a foreign exchange strategy which generated over 50% annualized returns, beating the Barclay’s Currency Trader Index for 5 consecutive years. After finishing his degree in financial planning, George worked as a trader in one of the top six banks in Canada for over 5 years. He gained invaluable experience and insights into market psychology, trading technology, order flow management and was then hired to train thousands of financial advisers on investment strategies. Then, he started the TRADEPRO Academy, a place where Georges aspires to educate and empower individuals to become successful traders. Share This! "You want to succeed in trading? Stay at it!" - Georges Papasov (Click To Tweet) In This Episode, You'll Learn... How Georges transitioned between markets to find his way How to develop patience as a trader How to prevent yourself from chasing trades How Georges tracks his trades One simple question you can ask yourself to stay out of bad trades The skills you need to develop as soon as possible to move forward And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Georges Papasov? TRADEPRO Academy Facebook Twitter YouTube About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
11/14/2016 • 41 minutes, 52 seconds
064: Trading Strategies For Trending Markets – Part 3
Trading Strategies For Trending Markets - Part 3 Trading Strategies For Trending Markets In episode 64 of the Desire To Trade Podcast, I decided to discuss a very popular topic: defining a trading strategy. I recorded a 3-part Guide To Forex Trading Strategies so we can set you up with a plan as soon as possible. Part 1 is available here! Part 2 is available here! I've seen a lot of traders trading with absolutely no plan expecting they would succeed, so I want to make sure I address this topic. In fact, you've probably already heard the saying "trading is simple but not easy", right? Well, it is when you have a plan and a strategy to execute on. I agree that executing on that plan will be the hardest part, but we have to cover things step-by-step here. In Part 3 of the Guide To Forex Trading Strategies, I'm explaining how to trade in a trending market. That can be a highly profitable type of trading, especially due to the fact that trends are usually strong in the Forex market. What's Covered In This Episode? How to identify a trend What areas you can consider trading in a trend The indicators that can help you trade pullbacks/retracements What to expect in trend trading Keys to make any trading strategy more profitable And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources One book to read: Stan Weinstein's Secrets For Profiting in Bull and Bear Markets Another book: Technical Analysis for the Trading Professional My lesson: The Exclusive Lesson: Understanding The Market DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free Facebook group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave us a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
11/9/2016 • 14 minutes, 23 seconds
065: How To Turn $12,000 into $2,000,000 & Perform Like A Trader - Timothy Sykes
Timothy Sykes: How To Turn $12,000 into $2,000,000 & Perform Like A Trader In episode 65 of the Desire To Trade Podcast, I interview Timothy Sykes, a stocks trader, world traveler and teacher. He has made a massive impact and contribution to the trading education worldwide by having thought over 6,000 students to trade penny stocks. Timothy has been one of the traders I looked up to as I opened my first trading account. His opening quote hit me. According to Timothy, we make things way more complicated than they are and we spend a lot of valuable time caring about unnecessary details. Like me, however, Timothy is of the opinion that there are no get-rich-scheme. He attributes hard work & dedication to his success in penny stocks trading. What is fascinating with Timothy is that he records a video for his students almost daily (even while traveling). Upon recording this interview, Timothy just got back from the Amalfi coast, one of the places he frequently travels to. There's something to be mentioned about the great lifestyle and freedom Timothy has been able to build from trading. In This Episode, You'll Learn... How Timothy went from $12,000 to $100,000 to then $2,000,000. How any trader can trade and travel fairly easily! How Timothy detects the right stocks and trades them. The REAL reason why Timothy posts about his lifestyle (cars, trips, money, etc.). How to push yourself to grow as a trader. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Article: "Timothy Sykes is full of bullship" is the article one of Timothy Sykes' students wrote prior to following Timothy's program. DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy
11/7/2016 • 35 minutes, 38 seconds
064: The Guide To Forex Trading Strategies – Part 2
The Guide To Forex Trading Strategies - Part 2 Show notes: http://www.desiretotrade.com/guide-to-forex-trading-strategies-part-2/ In episode 64 of the Desire To Trade Podcast, I decided to discuss a very popular topic: defining a trading strategy. I recorded a 3-part Guide To Forex Trading Strategies so we can set you up with a plan as soon as possible. Part 1 is available here! I've seen a lot of traders trading with absolutely no plan expecting they would succeed, so I want to make sure I address this topic. In fact, you've probably already heard the saying "trading is simple but not easy", right? Well, it is when you have a plan and a strategy to execute on. I agree that executing on that plan will be the hardest part, but we have to cover things step-by-step here. In Part 2 of the Guide To Forex Trading Strategies, I'm explaining how to trade in a sideway market. That is where I do most of my trading. I explain how you should go about trading breakouts and reversals and the type of indicators I use to trade in that environment. Resources One book to read: Stan Weinstein’s Secrets For Profiting in Bull and Bear Markets The Exclusive Lesson: Understanding The Market DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free Facebook group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave us a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
11/2/2016 • 7 minutes, 45 seconds
064: The Guide To Forex Trading Strategies - Part 1
The Guide To Forex Trading Strategies - Part 1 Show notes: http://wp.me/p6qxZI-17Z In episode 64 of the Desire To Trade Podcast, I decided to discuss a very popular topic: defining a trading strategy. I recorded a 3-part Guide To Forex Trading Strategies so we can set you up with a plan as soon as possible. I've seen a lot of traders trading with absolutely no plan expecting they would succeed, so I want to make sure I address this topic. In fact, you've probably already heard the saying "trading is simple but not easy", right? Well, it is when you have a plan and a strategy to execute on. I agree that executing on that plan will be the hardest part, but we have to cover things step-by-step here. In Part 1 of the Guide To Forex Trading Strategies, I'm giving you a quick introduction of what type of strategy you can trade. In the next parts of this series, we'll deal with specific indicators you can use as well as how to read price movements. What's Covered In This Episode? The concept of market phase The 3 types of trades When you should consider each of the trade types (based on the market phase) What to expect as win rate and reward-to-risk for various Forex trading strategies The top mistakes traders make when defining a strategy And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE's Top Free Resources DesireToTRADE Forex Trader Community (free Facebook group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template)
10/31/2016 • 21 minutes
063: The Process & Mistakes Behind A Successful Forex Day Trader – Raman Gill
Raman Gill: The Process & Mistakes Behind A Successful Forex Day Trader In episode 63 of the Desire To Trade Podcast, I interview Raman Gill, a Forex trader, investor, and coach that first got introduced to the currency markets in 2009. She then found her passion and felt in love with trading. Raman founded Trading with Venus in 2014 where she works with those new to trading, helping them make better, more informed, decisions about trades so they can take consistent action to achieve their financial goals. She also works with successful female entrepreneurs, helping them with investing to accelerate their wealth creation and enabling them to achieve financial security and freedom. Raman previously worked at one of the largest financial institution in North America where she held a variety of management roles over the years. Most recently, she was a Portfolio Manager in Mergers & Acquisitions area, where her team was responsible for due diligence on deals ranging from $50MM to multiple billions of dollars in both US and Canada. Prior to working in finance and investments Raman owned an IT consulting business, for 10 years, which she subsequently sold. Raman has a Bachelor's degree in Computer Systems and MBA degrees from Johnson School of Business, Cornell University in the US and Queens University in Canada. What's Covered In This Episode? How Raman learned the fastest in trading How Raman got introduced to trading The biggest mistake Raman made while trading full-time (be careful!) The exact Forex day trading process Raman follows How to prepare the right way before trading How Raman intends to trade the London session (read When To Trade Forex To Maximize Your Lifestyle & Profit?) The "windy" truth about trading & the benefits Getting accountability in your trading for better results And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Forex Trading Beginner's Course The 1000 Trades Show: In this video podcast, Raman analyzes one trade setup a day to help traders master trading through the deliberate practice and analysis of 10,000 trades. Article about learning your trading strategies: Creating Your Forex Trading Strategy Playbook DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Raman Gill? Trading With Venus Facebook YouTube About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave us a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
10/24/2016 • 36 minutes, 50 seconds
062: Succeed In Your Forex Trading Business – Brian McAboy
Brian McAboy: Succeed In Your Forex Trading Business In episode 62 of the Desire To Trade Podcast, I interview Brian McAboy, an experienced trader, trading coach, and business consultant with a passion for helping traders understanding the business aspect of trading. I was pleased to go through Brian's book titled "Trading Psychology's Missing Chapter: Enough To Be Dangerous". I couldn't put the book down as I absolutely could relate. Overall, Brian is very knowledgeable when it comes to transform topics seen as complicated & boring by most traders into easy-to-implement tactics. Topics Covered - Brian McAboy How Brian turned $30,000 to $47,000 and went down to nothing Brian's top difficulty in trading The very first step of trading most traders miss Your multiple roles as a trader & wearing the hats How & why to set your parameters as a trader What 4 tactics you can implement to treat trading as a business The 2 learning curves of a trader (how to trade + how to work for yourself) Why you must document your trading system The guidelines for discretionary trading And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Futures Trading: The Greatest Business On Earth Trading Psychology's Missing Chapter: Enough To Be Dangerous Trading System Mastery DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy
10/17/2016 • 42 minutes, 32 seconds
061: All You Need To Know About Commodity Trading – Carley Garner
Carley Garner: All You Need To Know About Commodity Trading Show notes: http://www.desiretotrade.com/carley-garner/ In episode 61 of the Desire To Trade Podcast, I interview Carley Garner, a commodity and option trader. She is the woman behind DeCarley Trading, an award-winning commodity broker. Carley have been in the trading business for over 12 years and started with options from day 1. Carley mentions that option trading is done at a slower pace than other assets such as Forex, stocks, and futures. 90% of options expires worthless. We also discuss option selling, a way to make money on a higher probability with unlimited risk. As an option buyer, the risk is limited but the probability of making a profit is smaller. Pieces Of Advice "Be fearful when others are greedy and greed when others are fearful." CLICK TO TWEET "There's not a right or wrong way to trade, just the one you're comfortable with." - @CarleyGarner CLICK TO TWEET Topics Covered – Carley Garner How being contrarian can make you a great trader Why optons are interesting to trade How to trade commodities How option selling works The biggest mistakes Carley made in trading (good anecdote!) The best to start trading options How to limit your risk with options Decision process of an option trader The main commodities traded by Carley The main mistakes beginners make (i.e. the lasting power) And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
10/10/2016 • 33 minutes, 27 seconds
060: Building Your Edge In Any Financial Market - Adam Grimes
Adam Grimes: Building Your Edge In Any Financial Market Join the Facebook group for more free resources In episode 60 of the Desire To Trade Podcast, I interview Adam Grimes, a stock, futures and currency trader with a formal education as a musician. Adam trades for a living and is also behind his personal blog. He started in Futures trading several years ago and was over-leveraged. Adam reminds us that there are countless ways to make money in the market, but that a trader's method must be defined in advanced. While a lot of traders rely blindly on trading psychology, Adam highlights the fact that having a proven system is essential from the start. During this interview, Adam mentions one thing I have noticed from discussing with struggling traders. Most traders who do not have consistent results haven't even tested their systems but want to believe that their system work. Topics Covered - Adam Grimes Why common trading advice can be wrong The technical analysis concepts that don't have an edge How quantitative trading works Reliance on trading psychology and its effect How to find your edge in the market How you can fail to trade successfully with a backtested system How to use discretion in your trading How to adapt your strategy to several markets The FIRST stage of success - Very important! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned How To Trade Pullbacks - Adam H. Grimes The Art And Science Of Trading Course DesireToTRADE Academy If you truly want to succeed in Forex trading, you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at. Get the Forex Day Trading Success Cheat Sheet for FREE! http://www.desiretotrade.com/day-trading-success-cheat-sheet/ Check out the Desire To Trade Podcast - Trading Tips & Interviews with Successful Traders: http://www.desiretotrade.com/podcast/ iTunes: http://www.desiretotrade.com/itunes/ Stitcher: http://www.desiretotrade.com/stitcherpodcast/ For a lot of article and tips that will help you become the best trader you can be: http://www.desiretotrade.com
10/3/2016 • 44 minutes, 55 seconds
059: Trusting Your Vision And Taking Action To Create A Winning Trading System - Albert Mate
Albert Maté: Trusting Your Vision And Taking Action To Create A Winning Trading System Show notes: www.desiretotrade.com/albert-mate/ In episode 59 of the Desire To Trade Podcast, I interview Albert Maté, a good friend of mine in Montreal who, after being involved in the trading world for several years, is working on a very interesting algorithmic winning trading system. Albert started in scalping. He was trying to make less than a few cents by himself in a Montreal firm called Swift Trade. As his learning curve was fairly flat in the beginning, Albert learned things the hard way through the 2000's bubble. He ended up taking a break off trading, which was a very sound decision. According to a statistic mentioned by Albert, 85% of portfolio managers aren't able to beat the S&P500. That is a key figure to keep in mind. Albert's trading system performance is available on his website Albitrading.com. Although I thought this interview would be mostly useful for algorithmic traders, the conversation moved to a topic useful to any type of trader: how to find financing to trade. While it's good to trade your capital, sometimes having "outside money" can be of great help to achieve your goals. You just need to do te work and follow the steps outlined by Albert in this interview. Topics Covered - Albert Maté Why you need to have a vision How to "go through the storm" as a trader Why Albert decided to move to an algorithmic trading system The exact steps to create a trading system (any type)! How to know when to trade your strategy live How to obtain financing for your trading What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
9/26/2016 • 41 minutes, 47 seconds
058: Peak Performance And Trading Success - Paul Wallace
Paul Wallace: Peak Performance And Trading Success Read the show notes: www.desiretotrade.com/paul-wallace/ In episode 58 of the Desire To Trade Podcast, I interview Paul Wallace, a trader with a high emphasis on peak performance located in London, UK. After a career in the Royal Air Force Paul started trading whilst working in the City during the dot-com boom of the late nineties. Paul is a professional financial trader with more than 24 years’ experience working in competitive, results-driven, performance environments. He has experience trading both as an individual and for funds. Paul has always been fascinated by success, achievement and peak performance, whether on the battlefield, sports-field, boardroom or financial markets. He blogs about his own trading at FXTraderPaul.com. He also runs the trader support practice, Tradingbeliefs, helping traders manage and improve their overall performance. Fear-Based Traders (FBT) vs. Greed Based Traders (FBT) Fear-based traders must have a simple system and know exactly what they must do. You must ensure to eliminate doubts and be certain regarding when to pull the trigger. They are likely to avoid pulling the trigger in the face of small hesitations. Most Greed-based traders are normally bad risk managers as they are looking to get more out of the market. They must still have a simple trading strategy. The 3 Crucial Components Process: having a checklist you can rely to (like a plan pilot). Find out more about it in Creating Your Forex Trading Strategy Playbook Discipline: "being disciplined is part of the job description for being a world-class trader." If you aren't disciplined, you might need to re-evaluate whether you really want to trade. Self-Awareness: use your mistakes as an opportunity to learn by reviewing your performance. Topics Covered - Paul Wallace Paul's take and prediction on Brexit A real explanation of a popular trading quote Paul's main trading strategies How Paul went from a Air Force to trading Why veterans are great traders The Process - Discipline - Self Awareness crucial components The importance of de-briefing Figuring out if you are a Greed-Based Trader (GBT) or Fear-Based Trader (FBT) Managing expectations And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
9/19/2016 • 43 minutes, 38 seconds
057: Transforming Traders Through Their Beliefs - Dr. Van Tharp
Van Tharp: Transforming Traders Through Their Beliefs Show notes: www.desiretotrade.com/van-tharp/ In episode 57 of the Desire To Trade Podcast, I interview Dr. Van Tharp, a very well-known leader of the trading industry. From the start, Dr. Van Tharp has, very similar to me, a desire to have an impact. That is something I admire a lot. During the interview, Dr. Van Tharp asked me about my own beliefs and we went through the "belief examiner" process, which has been very interesting for me. This has been a key elements for traders' transformations. Trading mistakes are an important part of this interview. Dr. Tharp says traders should aim for 100 trades with a 95% compliance to their rules. Topics Covered - Dr. Van Tharp How Van Tharp has transformed traders What is a successful trader How beliefs influence all traders You always trade your beliefs. The market is only a representation that we interpret based on what we think. No belief is 100% useful, they are only useful in a context. Keys to reach a higher level in trading The "belief examiner" process Position sizing strategies You should write down your rules and track when you don't respect them Looking at what your mistakes cost you. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
9/12/2016 • 36 minutes, 50 seconds
056: The Steps To Become A Successful Trader - Rayner Teo
Rayner Teo: The Steps To Become A Successful Trader Full show notes: www.desiretotrade.com/rayner-teo/ In episode 56 of the Desire To Trade Podcast, I interview Rayner Teo, an independent Forex trader from Singapore and the founder of TradingwithRayner. Rayner started trading at a young age, after he learned there was a trading competition in his university. He soon discovered that becoming a successful trader required a specific strategy. Even after trying several strategies and trading techniques, he couldn’t seem to figure out how to trade successfully. It took him some time, but eventually Rayner had his breakthrough moment. He realized that he had to stick to something (for at least 100 trades) if he wanted to progress. During this interview, we discussed a few technical topics, but also how Rayner Teo makes his trading journal, and very importantly, the process traders have to go through to become successful while cutting down the cost of their education. Rayner has a very strong understanding of technical trading. Nevertheless, he has made a huge effort to stay simplistic in his trading. That is where the real power lies You're not being paid for the hours. You get paid to do the right thing.CLICK TO TWEET Example Of Parabolic Trend: Topics Covered – Rayner Teo Rayner’s learning process The breakthrough that helped Rayner become a successful trader How to classify trends The journaling and review process for traders Key principles of trade management Getting the required capital for trading And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
9/5/2016 • 36 minutes, 38 seconds
055: Self-Improvement Is A Must For Trading Success - Marina Kuperman Villatoro
Marina Kuperman: Self-Improvement Is A Must For Trading Success Read the show notes In episode 55 of the Desire To Trade Podcast, I interview Marina Kumperman Villatoro, a Futures trader and the woman behind The Trader Chick, a blog and academy through which she wishes to impact women to learn to trade and make it part of their lifestyle. Question & Cheat Sheet - Marina Kuperman Villatoro How Marina got introduced to Futures trading Mixing trading and self-improvement The commitment you need to make to become a successful trader. How to overcome the 2 main barriers to day trading Lack of focus and lack of time. The importance of clearing your mind before you start to trade - and how to do it! Marina's techniques to analyze the market How to focus while trading Trading habits Marina has to trade successfully Starts by checking the news And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
8/29/2016 • 41 minutes, 10 seconds
054: Work Harder On Your Mindset Than You Do On Your Strategy - Chris Capre
Chris Capre: Work Harder On Your Mindset Than You Do On Your Strategy Read the show notes In episode 54 of the Desire To Trade Podcast, I interview Chris Capre, a Buddist, trader (Forex & Futures), and philanthropist. He’s the man behind 2ndSkiesForex. I personally consider Chris as a leader in the trading industry. What’s more, he created a useful framework that any trader can follow to see results in trading. Chris was fortunate to experience great success very early in his trading career, but eventually realized he hadn’t done things intelligently. One day during the London session, he lost $15,000. That was an important changing moment for him. During his interview, Chris and I discussed some of the pillars to successful trading. Overall, your success comes down to how you handle the Technical, Mindset, and Money Management aspects of trading. Question & Cheat Sheet – Chris Capre Why Chris trades the Asian session & how he does it How he was able to succeed quickly in trading and lost $15,000 in a single day! The 3 aspects trader must master for success The pyramid with Technical, Mindset, and Risk Management. How going against the majority of traders can make you successful How to develop the mindset to trade a bigger trading account That’s where neurolasticity & loss aversion come into play. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! ————————————————————————————————————————————— Special Offer For The Listeners Get 15% Off Chris’ Advanced Price Action Course Course: click on this link and enter coupon code “EC15OFF” at checkout. —————————————————————————————————————————————
8/22/2016 • 56 minutes, 20 seconds
053: A Forex Swing And Day Trader Shares Pieces Of Wisdom - James Harte
James Harte: A Forex Swing And Day Trader Shares Pieces Of Wisdom In episode 53 of the Desire To Trade Podcast I interview James Harte, a Forex trader based in England that has a passion for helping others. Through Little Fish FX, he aspires to democratize the foreign exchange market by providing high quality educational materials, pro trader analysis, trading strategies and market-leading tools & indicators to retail traders of all experience. James has a good understanding or both swing and day trading. This is particularly interesting as he says not having a preference between those two styles of trading. Somehow, I feel the same. We've had the chance to discuss several topics in this podcast episode, including James' best and worst trades as well as the mistake he sees traders make. We also touched on his trading methodology. This is an important part of the interview since any trader must have a solid trading plan. Cheat Sheet / Topics Covered - James Harte How James' dad influenced him to go into Forex trading How James trades both swing and intraday What currency pairs James trades and how he manages the risk How James uses the news as a Forex day trader What happens when you start to take profits early...and how to fix it. The critical thing trader need to work on It has to do with adapting to various situations. How James would go about getting started in trading i.e what he teaches. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Show notes: www.desiretotrade.com/james-harte/
8/15/2016 • 33 minutes, 51 seconds
052: The Art Of Technical Analysis And Trading Ideas - Jason Sen
Jason Sen: The Art Of Technical Analysis And Trading Ideas In episode 52 of the Desire To Trade Podcast I interview Jason Sen, a Forex trader and technical analysts with a lot of experience working for institutional clients. Jason is also the man behind Day Trade Ideas. Jason currently lives the good life in Thailand, a well merited location as he started to trade in early in college (1987) when his father introduced him to trading. He quickly got into stocks and was surrounded by charts, which he learned to interpret. What I really like about Jason is his simple approach to technical analysis. He uses it to provide technical reports and trading ideas to his clients without making things too complicated. He is the perfect person to tell you what you should focus on when looking at a Forex currency pair, or any other market. A very important concept discussed in this podcast episode concerns how to deal with a series of losses. Those are inevitable and Jason went through several series of losses. He was then a very good person to get advice from. [bctt tweet="Trading Advice: The trend is your friend. @daytradesignals" username="@desiretotrade"] Cheat Sheet / Topics Covered - Jason Sen How Jason started to trade in 1987 How traders can work for banks & institutions The technical analysis tools Jason looks at The habits contributing to Jason's trading success The things that are important to consider vs. just noise How to deal with a series of losses And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
8/8/2016 • 34 minutes, 43 seconds
051: Adapting Forex Trading To Your Lifestyle - Adam Jowett
Adam Jowett: Adapting Forex Trading To Your Lifestyle In episode 51 of the Desire To Trade Podcast, I interview Adam Jowett, a Forex swing trader I highly respect for his experience and his blog AdamJowett.com. Adam has learned to build trading around his personality and the lifestyle he wanted. He has been trading various methods on the Forex market over the years, but currently focuses on trading the 4hr and daily charts. I came across Adam's blog several times and got really interested when I discovered his Forex Market Session Indicator (available to download below). I personally used it to backtest trading strategies on different market sessions of the Forex market. In this interview, Adam shares some of the best tips and insights he got from 15 years as a trader. Living in Australia, he had to adapt. However, the good thing about the Forex market is that you can trade it 24 hours a day. For instance, due to his time zone, Adam used to focus on the Asian session. Cheat Sheet / Topics Covered - Adam Jowett Adam's learning process How Adam started to trade small and scaled up Adam's worst trades How Adam classifies a good trade The differences between day and swing trading How to meet other traders The main differences between winning and losing traders Adam met And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! The music at the end of the podcast has been produced by Daniel Hoshor. If you want custom & tailor-made music for your business, make sure to check him out at www.thedannyboiexperience.com.
8/1/2016 • 34 minutes, 21 seconds
050: If You Are Trading Higher Time Frames This Is Your Guy - Rob Colville
The Lazy Trader (Higher Time Frame Trading) In episode 50 of the Desire To Trade Podcast, I interview Rob Colville, a Forex trader using a method to trade higher time frames and maximize his lifestyle. He is the man behind the site The Lazy Trader. Rob trades exclusively on the daily and weekly time frames. He looks for several types of trades and do not care so much about trading. His goal is to have the life he desires first. An important topic discuss during this episode is the importance of not setting your expectations too high. The #1 goal of a trader is to preserve the capital and the secondary goal is to trade. For a newer trader, the essential goal consists of not losing money. Then, overtime, it is more acceptable to aim for a certain return. Topics Covered - The Lazy Trader Rob's learning process The one book that helped Rob The amount of money you need to trade The Lazy Trader's lifestyle How to start trading higher time frames from scratch Using reward and punishments to reach your goals Using visualization to stay in the trading game And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Get a bunch of FREE trading resources and articles: http://www.desiretotrade.com/resources/
7/25/2016 • 38 minutes, 6 seconds
049: Working On Your Self-Images & Other Ways To Succeed - Patrick James
Patrick James: Working On Your Self-Images & Other Ways To Succeed If this isn't the first podcast episode you're listening to, you certainly know how passionate I am about trading. Sometimes, however, I like to expand my perspectives and bring guests outside the trading world on the Desire To Trade Podcast. These guests bring unique ideas based on their own field of expertise. So far, I've been greatly impressed by the advice the non-traders provided on energy & fitness. And here's one more! In episode 49 of the Desire To Trade Podcast, I interview Patrick James, a charisma expert who shares his best advice on crushing it in life. The interview started with an off-topic conversation about charisma. Then, Patrick mentioned the book Psycho-Cybernetics by Maxwell Maltz. Psycho-Cybernetics is all about self-image. According to Maltz, “you will act like the sort of person you conceive yourself to be.” If you want to ensure you succeed in trading over the long-term, you must not only understand how to trade, but also how to manage yourself. That starts with talking to yourself positively. Affirmations are a great way to change the view you have of yourself. Another very practical advice Patrick proposes is concerns the speed of implementation. You must decide to take control of your self image, and then decide what you want it to be. What's covered in this episode? What is charisma & why it's important for traders The impact of self-image & how to improve your self-image How to talk to yourself and empower you to succeed The habits that can help you succeed How to use the speed of implementation How to act like the person you want to become How to deal with people who don't support you And much more! Show notes: www.desiretotrade.com/patrick-james/ Get the FREE Complete Price Action Strategy Checklist: http://www.desiretotrade.com/checklist/ Get the Day Trading Success Cheat Sheet: http://www.desiretotrade.com/day-trading-success-cheat-sheet/ Get the One-Page Trading Plan (the simple template I use for my own trading plan): http://www.desiretotrade.com/get-one-page-trading-plan
7/18/2016 • 43 minutes, 21 seconds
048: A Futures Trader Who Dropped Out of School w/ Chris Claflin
Chris Claflin: A Futures Trader Who Dropped Out of School In episode 48 of the Desire To Trade Podcast, I interview Chris Claflin, a Futures trader and the host of the new Uncharted Podcast. I strongly recommend you check out his podcast. It has a very impressive & uncommon touch to it! Chris started to trade in College. Learning to trade wasn't an easy task while he was pursuing studies of become a dentist. Soon, however, Chris dropped out of school as he realized he could make more money trading than working in dentistry. These days, Chris is primarily a trend trader. That means he focuses on entering in the direction of strong market trends, hoping that the trend will keep going. Several traders interviewed on the Desire To Trade Podcast adopt this trading style. What distinguishes Chris, however, is that he often looks to catch up trends within a larger trend. His trades are therefore in alignment. Question & Cheat Sheet - Chris Claflin How Chris got introduced to Forex trading The danger of Forex scams The basics of trend trading Why Chris isn't a fan or Forex and prefers futures Regulations, barriers to entry & more... What traders should focus on It's about protecting your trading capital And much more! Show notes: www.desiretotrade.com/chris-claflin/ Get the FREE Complete Price Action Strategy Checklist: http://www.desiretotrade.com/checklist/ Get the One-Page Trading Plan (the simple template I use for my own trading plan): http://www.desiretotrade.com/get-one-page-trading-plan
7/11/2016 • 44 minutes, 9 seconds
047: Tripling Your Trading Account While You Forgot About It w/ Ellaine Escueta
Ellaine Escueta: Tripling Your Trading Account While You Forgot About It In episode 47 of the Desire To Trade Podcast, I interview Ellaine Escueta, a Forex trader with a passion for trading. She is the women behind Trading Elevated. Ellaine had no interest for trading at first, but picked up a book about the subject in school. As time went on, she started to get more and more involved and interested in the idea of making a living off Forex trading. However, things didn't work out as planned and Ellaine got discouraged. She stopped trading for a while. Eventually, she went back to check her account. She realized it had doubled due to a trade that was left open. If only she could do the same thing, she would be able to make money. That piqued her curiosity. She started to get back in trading, took a course, and was eventually able to make a consistent income from Forex trading. [bctt tweet="Never let anyone define what you can and can't do! - @ellaineescueta" username="desiretotrade"] Question & Cheat Sheet - Ellaine Escueta How Ellaine got introduced to Forex trading The power of price action and understanding price behaviors The important is to focus on behaviors you understand and make sure that they fit your criteria. What a day looks like for Ellaine She wakes up at 3:30am and things go from there! The 3 keys to trading success (according to Ellaine) How Ellaine reduces uncertainties in her trading How to control your emotional state The #1 advice Ellaine has to offer aspiring traders And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! The music at the end of the podcast has been produced by Daniel Hoshor. If you want custom & tailor-made music for your business, make sure to check him out at www.thedannyboiexperience.com. Get the FREE Complete Price Action Strategy Checklist!
7/4/2016 • 32 minutes, 41 seconds
046: Day Trading For A Living With Price Action w/ Kim Krompass
Kim Krompass: Day Trading For A Living With Price Action In episode 46 of the Desire To Trade Podcast, I interview Kim Krompass, a Forex price action day trader and the woman behind the Price Action Traders Institute. She is the very first woman to be featured on the podcast. During this interview, Kim shared a lot about her view on day trading vs. longer term trading. She also mentioned several times the importance of keeping things simple, a concept I totally agree with. [bctt tweet="Perfectionism is the enemy of profit. - @priceactionkim" username="DesireToTrade"] Question & Cheat Sheet - Kim Krompass How Chris got introduced to Forex trading How Kim turned her trading around and started seeing results The important is to focus on behaviors you understand and make sure that they fit your criteria. Why she prefers day trading The goal is not to copy other people. That won't make you successful. How much time Kim spends trading The importance of a planning process Kim plans her trade every morning starting at 6:00am PDT. The benefits of day trading and the challenges to overcome What simplicity means for Kim in trading The lifestyle Kim gets out of day trading The #1 mistake Kim's students make It's about unnecessarily making things complicated. The learning curve of a day trader And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! The music at the end of the podcast has been produced by Daniel Hoshor. If you want custom & tailor-made music for your business, make sure to check him out at www.thedannyboiexperience.com.
6/27/2016 • 45 minutes, 9 seconds
045: The Power Of A One-Page Trading Plan!
The Power Of A One-Page Trading Plan I resisted the idea of creating a trading plan for so long... but the moment I finally came up with my first trading plan, I felt much better. First, I no longer had to keep everything in my head as I used to do. Second, I had clear guidelines concerning what I was supposed to do. The problem: that trading plan took 30 days to write and was huge. It was very hard for me to go back in that plan to check something. A couple months ago, I came up with the idea of simplifying my plan on a single sheet of paper. The truth is, I've always been a fan of tracking checklists for their simplicity, but I wanted to bring the concept further. As soon as I completed my One-Page Trading Plan, I posted it on my trading desk. I has made a huge difference. Instead of having a set of entry rules, I have everything I need to see on that plan. In episode 45 of the Desire To Trade Podcast, I share about my experience with trading plans and tell you precisely how to create a powerful one-page trading plan. [bctt tweet="Big trading plans bring confusion. Great traders have everything on one single page." username="DesireToTrade"] What is discussed in this podcast episode? I used to hate the idea of having a trading plan. Most people you see online recommend a trading plan that looks like a business plan...it never worked entirely for me when it comes to executing. How to create your one-page trading plan: There are a few parts: Vision (where you want to go with trading) Context (time frames, trading times, instruments) Trading strategy (signal, entry, exit) Support (money management, implementation plan) Examples (at the back of it) Making a plan isn't enough, you must make it visible! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! The music at the end of the podcast has been produced by Daniel Hoshor. If you want custom & tailor-made music for your business, make sure to check him out at www.thedannyboiexperience.com.
6/20/2016 • 18 minutes, 37 seconds
043: The Great Advice From Market Wizards w/ Jack Schwager
The Great Advice From Market Wizards w/ Jack Schwager If I were to ask successful traders the ONE book that influenced them and guided them through becoming traders, Market Wizards would definitely come up. The book contains interviews with traders who are living off trading from around the world. It turns out to be packed with great lessons and highly inspirational. In episode 43 of the Desire To Trade Podcast, I interview the legendary Jack Schwager, the author of Market Wizards and a number of different trading-related books that made a great impact in the world of trading. The book Market Wizards has been recommended numerous times on the podcast. I myself read it several times. Question & Cheat Sheet - Jack Schwager The new project Jack is currently woking on (more information) How Jack got involved into trading and the results of it Full list in Top 5 News Releases You Should Care About As A Forex Trader How Market Wizards was written Putting in the work every day from morning to night! The biggest lesson anyone can take from Market Wizards The #1 advice Jack has to offer aspiring traders And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! The music at the end of the podcast has been produced by Daniel Hoshor. If you want custom & tailor-made music for your business, make sure to check him out at www.thedannyboiexperience.com. Read the show notes Get the 5 Crucial Insights About Trading Psychology That Will Make You A Better Trader for free!
6/6/2016 • 52 minutes, 25 seconds
042: Trade Like A Casino w/ Richard Weissman
Trade Like A Casino w/ Richard Weissman "Trade like a casino" sounds like an awesome idea, right? After all, what do casinos do? They have a system/strategy to ensure that they are going to have an edge over the long-run. Does that mean the casino is going to win every poker game? Not at all, but over time, it is almost guaranteed to make money. In episode 42 of the Desire To Trade Podcast, I interview Richard Weissman, the author of Trade Like A Casino and a number of different trading-related books that showcase a very insightful and researched methodology to trading. The interesting thing about Richard is that he focuses a lot on research and backtesting. That allows him to develop mechanical trading systems that he is then able to use with a positive expectancy. During this episode, Richard and I discuss what it means to "trade like casino" and how traders can apply this principle in their trading. It's not only about the trading strategy, but also in regards to emotions and psychology. These days, Richard focuses on his role as the CEO of CNV Capital Management, focusing on trading and system development. Question & Cheat Sheet - Richard Weissman What it means to "trade like a casino" & why it's crucial How to reach the level of trading like a casino Doing research Having a mechanical trading system Building confidence The types of strategies used by great traders How to backtest properly Discretionary trading like a casino And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! The music at the end of the podcast has been produced by Daniel Hoshor. If you want custom & tailor-made music for your business, make sure to check him out at www.thedannyboiexperience.com. Visit the show notes! To know more about what I've been working on: http://www.desiretotrade.com/new
5/30/2016 • 43 minutes, 5 seconds
041: All You Need To Know About Forex News Trading w/ Yohay Elam
All You Need To Know About Forex News Trading w/ Yohay Elam If you have been trading Forex for a while, you probably noticed the, sometimes, big spikes in the price of certain currency pairs. As a matter of fact, news reports are released almost every single day and the market tend to react strongly to them. A quick advice: if you aren't aware of this, you NEED to listen to this podcast episode! In episode 41 of the Desire To Trade Podcast, I interview Yohay Elam, the founder of Forex Crunch and host of Market Movers. Yohay is very knowledgeable when it comes to fundamental analysis and what affects the currency market. He shared in great details what Forex traders can expect from news releases and what they have to look for. Yohay studied computer science, but learned about the Forex market mostly by himself through books and other self-education resources. He then started exchanging his ideas and view of the market with other people, an activity that proved itself to be very useful. Today, Yohay publishes his analyses on his website and hosts a podcast where he shares what took place in the financial market. [bctt tweet="Do not risk more than 2% of your trading account! from @forexcrunch" username="DesireToTrade"] Question & Cheat Sheet - Yohay Elam The news impacting the Forex market Full list in Top 5 News Releases You Should Care About As A Forex Trader What pairs are best to trade news in different countries The more volatile pairs have a bigger and faster reaction to news The USD/CAD tend to have a slightly delayed reaction to a news event. News are often leaked and the reaction may occur prior to the official release on the GBP/USD. How day traders and swing traders can use news releases The single most important advice you need if you trade news releases What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! The music at the end of the podcast has been produced by Daniel Hoshor. If you want custom & tailor-made music for your business, make sure to check him out at www.thedannyboiexperience.com. See the show notes: http://www.desiretotrade.com/yohay-elam/ Get free resources to help you become a better Forex trader: http://www.desiretotrade.com/free
5/23/2016 • 35 minutes, 40 seconds
BONUS: Q&A With Dr. Andrew Menaker (Trading Psychology)
BONUS: Q&A With Dr. Andrew Menaker (Trading Psychology) Some background on Dr. Andrew Menaker? Dr. Andrew Menaker is a licensed clinical psychologist with a PhD in psychology. He is, in my opinion, the leading authority when it comes to trading psychology and has been recognized worldwide for his work in the fields of emotion management and emotion development. He has coached some of the world's top traders since 1995. Following his interview on the Desire To Trade Podcast in episode 34, Andrew accepted to be part of a live Q&A session, which turned out to be highly actionable and instructive for all levels of trading experience. Watch the video! Get the highlights (important points)! Get the 5 Crucial About Trading Psychology That Will Make You A Better Trader for FREE!
5/20/2016 • 45 minutes, 38 seconds
040: The Mastery Of Risk Management In Trading w/ Michael Toma
In episode 40 of the Desire To Trade Podcast, I interview Michael Toma, a futures trader who is also the author of The Risk of Trading: Mastering the Most Important Element in Financial Speculation. Michael has a very interesting perspective on risk management and he shares several highly actionable tips you can apply to your trading to make risk management part of your business. That will be very useful if you are looking to succeed in the long-run and live off trading. Cheat Sheet - Michael Toma Three steps to risk management: Identify - Assess - Control. The logic behind a stop loss The definition of risk management: that was a natural transition for Dave. How and why to start small: this is the key if you want to succeed. The quest to make money is very dangerous. Results will guide your actions as a trader: you must see results before increasing your risk. Dealing with compliance: track your compliance ratio. Overcoming boredom trades: Identify - Assess - Control -> Make a plan. Reviewing your risks will help you a lot. You need to make risk management part of your trading business. What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! The music at the end of the podcast has been produced by Daniel Hoshor. If you want custom & tailor-made music for your business, make sure to check him out at www.thedannyboiexperience.com.
5/16/2016 • 59 minutes, 19 seconds
039: Finding Your Own Way To Trade w/ Dave Floyd
Finding Your Own Way To Trade w/ Dave Floyd
In episode 39 of the Desire To Trade Podcast, I interview a
stock & Forex trader I really admire named Dave Floyd, the
founder and head of trading at Aspen.
Dave started trading in college while he was in Boston. He first
read Market Wizards, a book showcasing stories of
various successful traders (which I highly recommend!).
The interviewed covered several topics, but one of them highly
resonated with me. It is the idea of finding your own way as a
trader. Once you get through the initial phase of trading, you
begin to understand that copying others isn't what will help you
succeed. Everybody's different and two traders almost cannot trade
the exact same way. You must then find your own way as a
trader.
Cheat Sheet - Dave Floyd
Balancing overtrading vs. not trading
enough
How to go through the hard learning curve of a
trader: it is not about learning strategies from
others.
The transition between day trading and swing
trading: that was a natural transition for Dave.
Strategy differences between day trading and swing
trading: find someone or a group that can help you in hard
times and good times.
The biggest mistakes for Dave as a trader:
hint: the opposite of overtrading...
Following your gut instinct is important but it's not
necessarily for beginners.
The commonalities between traders:
many traders have creative endeavours according to Dave.
Approaching stock vs. Forex trading: Dave uses
fairly similar approaches.
Why you MUST develop your own
approach
What is one thing you are going to implement after
listening to this podcast? Leave a comment below, or join me in
the Facebook
group!
The music at the end of the podcast has been produced by Daniel
Hoshor. If you want custom & tailor-made music for your
business, make sure to check him out at www.thedannyboiexperience.com.
5/9/2016 • 50 minutes, 11 seconds
038: 5 Elements To Go From Start To Profitable Forex Trading
5 Elements To Go From Start To Profitable Forex Trading
In episode 38 of the Desire To Trade Podcast, I share the 5
elements I have applied in my trading journey so far to go from
scratch to profitable Forex trading. Read the whole article as I
share the 5 elements with more details.
I see that a lot of aspiring Forex traders spend a lot of time
looking at trading as being just entering and exiting trades.
However, I know that profitable Forex trading requires more than
that. Not anyone can start to trade and make money, but those who
apply other elements to trading increase their chances to
succeed.
Cheat Sheet
The 5 Elements
Set your requirements: decide on the type of
trading you are going to perform based on your preference and
available time.
Create a money management plan: decide on what
is going to be your maximum risk per trade, and maximum drawdown so
you never run out of money...EVER!
Plan your market analysis: focus on ONE
thing to trade. It's totally fine to try things and throw them away
if you don't like them, but you must focus at some point.
Get the right support: find someone or a group
that can help you in hard times and good times.
Review: review your trades to find patterns
among the good/bad trades and focus more on the good to replicate
it. Track everything!
5/2/2016 • 22 minutes, 10 seconds
037: A Truck Driver Who Blew Up 9 Accounts To Become A Profitable Trader w/ Ryan Herron
A Truck Driver Who Blew Up 9 Accounts To Become A Profitable Trader w/ Ryan Herron
Episode 37 of the Desire To Trade Podcast features Ryan Herron, a binary option and Forex trader.
HIs story of how he became a profitable trader is very interesting due to the fact that he blew up 9 accounts but kept going. He could see a progression in his results, which made him think that by staying in trading, he would eventually make it. And he did!
During this interview, Ryan and I discussed the fact that, while most traders are looking to get rich overnight, the right amount of action over a longer period of time is required. An aspiring lawyer or doctor must go through a long education process and spend a lot of money. Why would aspiring Forex traders avoid that?
Ryan mentioned the importance of focusing on ONE THING (one strategy or way of doing things). Then traders must not forget what comes after: being comfortable trading that one strategy. That strategy can be created or learned from someone else. Through backtesting, we, as traders, ensure that we know exactly what to do upon trading for real.
What’s covered in the podcast?
The difference between Forex and binary options
How Ryan kept going after blowing up 9 accounts
The steps Ryan took to learn and progress as a new trader
What Ryan sees as the biggest mistake traders make (hint: adding to a losing trade)
Examples of focusing on one thing to succeed
And so much more...
Resources Mentioned
Forex Tester 2 (affiliate link)
Forex Trading Strategy for Trending Markets (article I mentioned at the end of the episode)
Get the FREE Complete Price Action Strategy Checklist: http://www.desiretotrade.com/checklist/
4/25/2016 • 44 minutes, 38 seconds
036: The Development Of An Automated Trading System w/ Shaun Overton
The Development Of An Automated Trading System w/ Shaun Overton
Watch the video interview!
Episode 36 of the Desire To Trade Podcast features Shaun Overton, the automated trading system developer also founder of One Step Removed.
Shaun started in the forex industry in 2005 working as a broker at FXCM. He led the sales effort for an automated trading fund, which led to his interest into automated trading. He then went on to create his own systems that now allow him to live off them.
At the opposite of what I believed, Shaun says developing an automated trading system isn't so complicated. One must learn how to program first. Then, there's a clear process, described during the interview, anyone can follow.
Shaun spends his days researching. This is a passion for him, but his goal is to create more systems that produce positive results. He shared about the exact things he's looking at and the sort of system he has developed.
Although this podcast episode appears fairly technical, there's something that can be learned by any trader. Both automated system traders and manual traders must backtest their trading plan. One of the common problem consists of backtesting only for a restricted period of time and optimizing the system for that period.
The world of automated can be highly fascinating for traders with an interest for statistics and programming. For more on that topic, I recommend listening to DTTP 011: The Fascinating World of Automated Trading and checking what Shaun is doing at One Step Removed.
What’s covered in the podcast?
What it's like to be an automated system trader
Examples of factors predicting the movement of a currency pair
The steps to develop an automated trading system
The biggest mistakes made when developing an automated trading system
What type of broker works best for automated system traders
Best resources to learn to program
And so much more...
4/18/2016 • 36 minutes, 34 seconds
035: Lessons From A Successful Forex Day Trader w/ Casey Stubbs
Lessons From A Successful Forex Day Trader w/ Casey Stubbs
Episode 35 of the Desire To Trade Podcast features Casey Stubbs, a Forex day trader and the man behind Winner's Edge Trading.
Casey usually starts his day around 6:30 am EST and is done with trading by noon. He specializes on trading the EUR/USD pair and uses only simple trading strategies.
Upon finishing his trading day, Casey has the rest of the day for his other occupations: spending time with his family and running his website.
Over the course of this podcast episode, Casey Stubbs mentioned the fact that traders must have their own trading strategies. Copying other traders' systems isn't a way to become consistently profitable. Aspiring Forex traders must firstly learn as much as possible. Then, they personalize their trading strategies. That helps a lot to stick to one strategy.
As his last piece of advice, Casey mentioned the idea of trading small position sizes in order until becoming consistently profitable. Only then can Forex traders start to increase their position size.
What’s covered in the podcast?
The difference between simple and complicated trading strategies
How Forex traders can easily get support
Casey's biggest mistakes as a Forex trader
The main objective for a trader (it's not making money!)
What happens just before you finally stick to ONE trading strategy
What keeps Casey motivated each day
And so much more...
4/11/2016 • 31 minutes, 35 seconds
034: Trade With An Edge w/ Mike Bellafiore
Trade With Edge w/ Mike Bellafiore
Episode 34 of the Desire To Trade Podcast features Mike Bellafiore, the co-founder of SMB Capital, a well-known proprietary trading firm based in New York, USA. Mike is also the author of One Good Trade: Inside the Highly Competitive World of Proprietary Trading and The PlayBook: An Inside Look at How to Think Like a Professional Trader.
SMB Capital’s trader-training program was highlighted in the TV documentary Wall Street Warriors. His firm has appeared regularly on CNBC’s Fast Money, CNNMoney, Bloomberg, and Fox Business.
I first heard of Mike Bellafiore and SMB Capital through Mike's first book called One Good Trade. It describes how things are done in a proprietary trading firm and provides real stories of traders who had or hadn't what it took to thrive in this world of trading. I highly recommend the book!
Mike has a lot of experience working with traders and came to understand what made them successful. He also knows what the learning process looks like for a trader. During this interview, we discussed the traits traders must develop in order to succeed.
At one point, I asked Mike what advice he had for struggling traders. He pointed out something very insightful. In his opinion, traders can't start and be successful right away. Struggling is simply part of the progress.
There is a process traders must follow if they want to see results. It takes time but Mike Bellafiore, without any doubts, know what it's like.
What’s covered in the podcast?
How Mike Bellafiore started to trade
How the learning phase is broken down
A great piece of advice for struggling traders
The culture at SMB Capital
Andrew's #1 lesson for any trader
What keeps Mike motivated each day
And so much more...
4/4/2016 • 29 minutes, 54 seconds
033: The Most Valuable Insights On Trading Psychology w/ Andrew Menaker
The Most Valuable Insights On Trading Psychology - Andrew Menaker
Episode 33 of the Desire To Trade Podcast features Dr. Andrew Menaker, a highly knowledgeable and well-known psychologist in the trading world. Since 1995, Andrew has been coaching traders and top fund managers to achieve a better performance.
Being a trader himself, Andrew is frequently asked to speak at conference and is constantly being requested advices across the world.
I, personally, have been blown away by this interview. The depth of the information provided and the great interest I had in the topic made me listen very carefully to every single words spoken by Dr. Andrew Menaker on trading psychology.
From the start, Andrew Menaker mentioned "no one can master trading". This is a substantial thing to understand due to the fact that most of our decision-making is made subconsciously. Those looking to become perfect traders do not have a single chance to succeed.
The next very interesting thing to note is that we, as traders, bring our own personality to trading. Two traders do not see the exact same chart the same way. In fact, "We don't see the market as it is, we see the market as we are" is a powerful statement!
What’s covered in the podcast?
Why no trader can master trading & what to do about it
The source of our decision making
The greatest ability you must develop as a trader
What confidence truly is and how to get it
Andrew's #1 lesson for any trader
The true difference between a winning and a losing trade
How to journal powerfully
And so much more...
Show notes: http://www.desiretotrade.com/andrew-menaker/
Get the FREE Complete Price Action Strategy Checklist: http://www.desiretotrade.com/complete-price-action-checklist/
Get the New FREE Perfect Engulfing Pattern Cheat Sheet: http://www.desiretotrade.com/perfect-engulfing-cheat-sheet-5/
3/28/2016 • 37 minutes, 45 seconds
032: The Professional Forex Trader With A True Passion For The Market w/ Dimitrios Charalampidis
The Professional Forex Trader With A True Passion For The Market
Episode 32 of the Desire To Trade Podcast features Dimitrios Charalampidis, a professional Forex trader based in Greece, and the man behind Snail Trading. The best thing about Dimotrios has to be his incredible passion for trading. He spends a lot of time looking at the market and testing his way of trading. However, that leads him to great results. He is very knowledgeable regarding trading and the currency market.
In this interview, Dimitrios shared his best advice for traders. We discussed the biggest mistakes he sees Forex traders make – including not accepting to make mistakes. Dimitrios thrives to reach a point where money is meaningless and where he will be able to explore his passion for the market at its fullest. He concluded the podcast episode with a powerful statement - "Be strategic. Not only set your goal but define the steps to achieve those goals."
What’s covered in the podcast?
Why you should focus on the result instead of trying too many ways to do something
How traders can take profit to limit their losses
Dimitrios' life as a Forex trader
What Dimitrios believes most Forex traders do wrong
The two aspects necessary to succeed (it has to do with goals)
And so much more...
Show notes: http://www.desiretotrade.com/dttp-032-professional-forex-trader/
Join The Facebook Group: http://www.desiretotrade.com/group
Get the Free Complete Price Action Strategy Checklist: http://www.desiretotrade.com/checklist/
3/21/2016 • 34 minutes, 16 seconds
031: A Great Lifestyle And 18,000% Return In The Stock Market w/ Gil Morales & Chris Kacher
A Great Lifestyle And 18,000% Return In The Stock Market with Gil Morales & Chris Kacher
Episode 30 of the Desire To Trade Podcast features Gil Morales and Christian Kacher from Virtue Of Selfish Investing. They discuss their philosophies on life and trading following the several books they wrote together.
Aspiring traders would envy Gil and Christian' lifestyles of travel and discovery. At the time of our interview, Christian was in Buenos Aires.
The book I first noticed, co-authored by Gil and Chris, is called Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market.
Gil Morales
Gil began his investment career in 1991 as a stockbroker in the Beverly Hills branch of Merrill Lynch. In 1994 he joined PaineWebber, Inc. where he quickly achieved Chairman's Club status as a top producer. In 1997, William O'Neil personally recruited Mr. Morales to join William O'Neil + Company, Inc. where he spent the next eight years as a Vice-President, internal Portfolio Manager responsible for managing a portion of the firm's proprietary assets, and Manager of the O'Neil Institutional Services group responsible for advising over 500 of the largest and most successful institutional investors in the world, including mutual fund, pension fund, and hedge fund clients.
Chris Kacher
Chris went on to generate triple digit percentage returns for six years in a row during the 1995-2000 period before moving to cash for most of the 2000-2002 bear market, one of the worst in history. From 1996-2001, he served as chief research analyst for William O'Neil + Company, the New York Stock Exchange member firm, institutional research provider, and publisher of Investor's Business Daily newspaper. During this period, William O'Neil hand-picked Dr. Kacher to manage a portion of the firm's proprietary capital, whereupon Dr. Kacher became a top internal portfolio manager at the company.
Chris has a very interesting educational background as he received his B.S. in Chemistry and Ph.D. in Nuclear Physics from University of California at Berkeley, where he co-discovered Element 110 on the Periodic Table of Elements and confirmed the existence of Element 106 for which his team named Seaborgium.
Musically gifted, Dr. Kacher was classically trained on the piano beginning at age 3, composing his first song at age 5 which he called "Night Fog," and performing as a concert pianist from ages 5 to 12 in high-profile cities in the US and Japan. He released his debut CD comprised of 21 original piano compositions in 2009.
What’s covered in the podcast?
How Gil & Chris started to trade with very different backgrounds
How Gil & Chris Made 18,000% return in the stock market
What is their trader's lifestyle
Fantastic pieces of wisdom
And so much more...
Show notes: http://wp.me/p6qxZI-zo
Join The Facebook Group: http://www.desiretotrade.com/group/
Get the FREE Complete Price Action Checklist: http://www.desiretotrade.com/checklist/
Enjoy!
3/14/2016 • 43 minutes, 39 seconds
030: Choosing Your Forex Trading Broker - Part 2
Choosing Your Forex Trading Broker - Part 2
Episode 29 & 30 of the Desire To Trade Podcast features Justin Hertzberg and Trent Hoerr from Forest Park FX. They share crucial elements to consider when one go about choosing a Forex trading broker. That is the first step for any trader. This interview contains a lot of material and is divided in 2 episodes.
While many traders are ready to dive into Forex trading. It is important to take a few seconds and think about which broker would fit best. Various factors will influence the choice of a Forex trader's broker. In fact, this podcast episode contains the 6 things to consider when choosing a broker.
About Forest Park FX
With an experienced staff of industry professionals, Forest Park FX specializes in creating custom FX brokerage and trading solutions for retail traders, service providers, institutional traders, money managers and hedge funds. Forest Park FX offers a wide variety of value-adding services, including market access through the world's top Forex brokers, cash back rebates for retail traders, built-to-specification trading algorithms, administrative and operational support for money managers and customized liquidity for hedge funds and high volume traders.
What’s covered in the podcast?
Trent and Justin's trading stories
What's so interesting about the "broker side"
The worst mistake traders make when choosing a broker
6 things to consider when choosing a Forex trading broker
And so much more...
3/9/2016 • 20 minutes, 21 seconds
029: Choosing Your Forex Trading Broker - Part 1
Choosing Your Forex Trading Broker - Part 1
Episode 29 of the Desire To Trade Podcast features Justin Hertzberg and Trent Hoerr from Forest Park FX. They share crucial elements to consider when one go about choosing a Forex trading broker. That is the first step for any trader. This interview contains a lot of material and is divided in 2 episodes. Part 2 is available here.
While many traders are ready to dive into Forex trading. It is important to take a few seconds and think about which broker would fit best. Various factors will influence the choice of a Forex trader's broker. In fact, this podcast episode contains the 6 things to consider when choosing a broker.
About Forest Park FX
With an experienced staff of industry professionals, Forest Park FX specializes in creating custom FX brokerage and trading solutions for retail traders, service providers, institutional traders, money managers and hedge funds. Forest Park FX offers a wide variety of value-adding services, including market access through the world's top Forex brokers, cash back rebates for retail traders, built-to-specification trading algorithms, administrative and operational support for money managers and customized liquidity for hedge funds and high volume traders.
What’s covered in the podcast?
Trent and Justin's trading stories
What's so interesting about the "broker side"
The worst mistake traders make when choosing a broker
6 things to consider when choosing a Forex trading broker
And so much more...
3/7/2016 • 39 minutes, 8 seconds
028: Habits That Lead To Success In Trading w/ Johan Nordstrom
Habits That Lead To Success In Trading
Episode 28 of the Desire To Trade Podcast features Johan Nordstrom, a Forex trader living in Sweden. Johan launched TradingWalk, a website where he shows how to trade the markets in a smart yet powerful way and profit for life.
This podcast episode turned out to highlight some important habits traders should adopt. One of the measures Johan tracks helps him stick to his plan. He mentioned the importance of establishing goals based on the trading process. Without goals, traders don't know how good they are.
Johan, as an European trader must deal with another market than North American traders. I asked him about the pairs he prefers to trade.
We also exchanged about a couple of noce places worth traveling to!
What’s covered in the podcast?
How to set goals as a trader
How to meditate for great trading results
A simple way to stick to your trading plan
Implementing visualization for success
What is the right mindset traders should get into trading with
The famous typical trader's day
Which pairs are best to trade as a European trader
And so much more...
Show notes: http://www.desiretotrade.com/dttp-028-habits-that-lead-to-success-in-trading/
Get Your FREE Complete Price Action Checklist: http://desiretotrade.com/checklist
2/29/2016 • 29 minutes, 35 seconds
027: The Professional Trader And His Trading Process
The Professional Trader & His Trading Process
Episode 27 of the Desire To Trade Podcast features Daniel Sesay, a currency and commodity trader with a very interesting background. Daniel has been in South Africa, involved in physical trading of commodities where he learned about what was really important in trading. He now shares his passion and helps traders succeed through Traders Club London.
Daniel would definitely classify as a professional trader due to his vast experience. He truly understands how market works and discusses the "true value" of anything traders trade. He says trading isn't about trading patterns and having expert advisors. It's more related to understanding the behaviour of participants, as fellas supply and demand.
What’s covered in the podcast?
What is a professional trader
How traders can use data
The importance of understanding what's going on in the market
Why having 20 computer screens isn't the way to succeed
The power of the big picture
Spending your time wisely as a trader
And so much more...
2/22/2016 • 46 minutes, 15 seconds
026: Advice From a Former Trader & Current Investor - Stig Brodersen
Advice from a former trader on trading Episode 26 of the Desire To Trade Podcast features Stig Broderson, the co-host of The Investors Podcast - We study billionaires, which was featured in The Podcasts I Follow To Become A Better Trader. Stig During graduate school, he co-founded a consultancy firm, providing clients with legal and financial advice relating to personal finance. Upon graduation Stig sold his shares in the firm to become a commodities trader in one of Europe’s leading energy trading companies. Now, Stig works as a college professor teaching a variety of courses including financial accounting, investment and economics. He also owns the investment company Stig Brodersen Holding. What’s covered in the podcast? How it is to trade electricity How to make investing (or trading) work for you Why the mindset you have changes everything The books you must read (to become a billionaire) And so much more... Show notes: http://www.desiretotrade.com/dttp-026-advice-from-a-former-trader-current-investor/ Get your FREE Price Action Checklist: http://www.desiretotrade.com/complete-price-action-checklist/ Power Trader: http://www.desiretotrade.com/powertrader/ Enjoy the day!
2/15/2016 • 35 minutes, 40 seconds
025: Mission To Help New Traders w/ Steve Burns
A Mission To Help New Traders
Episode 25 of the Desire To Trade Podcast features Steve Burns, a long time trader with a passion for financial markets. After his start as an investor in 1993, Steve began trading his own account in 1995. Since then, Steve has been able to achieve his greatest dreams he wrote when he was 25 years old. He started his blog New Trader U in 2011.
Steve's mission is to increase the survival rate of newer traders. In fact, there's a tendency for new traders to give up fairly quickly, which is unfortunate. Steve shows aspiring traders that it is indeed possible to live from trading. His many books and the course offered at New Trader U are examples of Steve's dedication for his audience.
What’s covered in the podcast?
How most traders fail (hint: money management)
Simple habits of successful traders like Steve
How confidence and faith make great traders
The top books you must read if you want to trade for a living
And so much more...
Show notes: http://www.desiretotrade.com/dttp-025-mission-to-help-new-traders/
Get the FREE Complete Price Action Strategy Checklist: http://www.desiretotrade.com/complete-price-action-checklist/
Enjoy the day!
2/8/2016 • 28 minutes, 22 seconds
024: Common Problems Preventing You To Succeed In Forex Trading w/ Charles Miles
Common Problems Preventing You To Succeed
Charles Miles is a struggling retail Forex trader turned professional, and former client now turned trading coach for Trade Empowered, a company specializing in creating independent and consistently profitable traders. He helps traders from all over the world, achieve the success they want and deserve.
Over the course of episode 24, Charles shared common problem he sees Forex traders make most often. Among them, operating on fear and not testing properly a trading plan are two common causes of Forex trader failures.
I've been in the same situation, which made it very easy for me or any struggling trader to relate.
What’s covered in the podcast?
The main problems traders have preventing them from succeeding
How you MUST, as a trader, test your trading plan
How you can turn a losing strategy into a winning one
What it's like to help traders
And so much more...
Show notes: http://wp.me/p6qxZI-tJ
Get your free Complete Price Action Checklist: http://www.desiretotrade.com/complete-price-action-checklist/
2/1/2016 • 40 minutes, 17 seconds
023: The Disciplined Trader And The Top 3 Skills Traders Must Develop w/ Steve Ward
Top 3 Skills Traders Must Develop
Steve Ward is a long time coach. After a career as a sport coach, he transitioned to coaching traders in 2005. Today, he works mostly with institutional players, allowing him to fully exploit his talent.
Steve didn't come to trade first. In fact, he started as a trading coach even before placing his first trade. However, once he decided to trade, he had the arguable advantage of succeeding fairly quickly. Upon learning by himself, he could start trading without to much pain.
Steve discussed several important concepts linked to trading discipline. That's a topic I was quite interested in as it is one of the main challenge aspiring traders face.
The interview then moved on the top 3 skills traders must develop if they want to succeed over the long-run. Those, according to Steve are:
Confidence
Resilience
Adaptability
For each of those essential skills, Steve provided very simplistic ways to improve them. That is definitely something you can use for your own trading.
What’s covered in the podcast?
The 2 factors preventing traders from making money
A simple way to bring discipline in trading
How to come back on track once you're undisciplined
The top 3 skills traders must develop to succeed (Confidence, Resilience and Adaptability)
And so much more...
1/25/2016 • 39 minutes, 16 seconds
022: Boosting Your Energy For An Awesome Life w/ Glenn Ost
Glenn Ost is the Positive Energy Multiplier & Chief Of Edutainment at www.GlennOst.TV, his personal website where he hosts his own edutaining webshow. His mission is to Touch, Move and Inspire millions of entrepreneurs Worldwide to become REAL Game Changers, having a Significant & Positive impact & making this world a better place!
What’s covered in the podcast?
The food that gives the most energy
The steps you can take to gain more energy
The controversial impact of sleep duration on energy
5 Simple Ways To Increase Your Energy Now!
And so much more...
Show notes: http://www.desiretotrade.com/glenn
Get the Complete Price Action Strategy Checklist for FREE! http://www.desiretotrade.com/complete-price-action-checklist/
For a lot of article and tips that will help you become the best trader you can be: http://www.desiretotrade.com
1/18/2016 • 46 minutes, 31 seconds
021: Living Happy And Trading For Your Personality w/ Alwin Ng
Alwin is a Forex trader based in Kuala Lumpur, Malaysia. His philosophy of trading is very similar to mine. He describes trading, Forex in his case, as a tool to achieve and do whatever you aspire to. This is an important point to make because life is short. Trading, however, allows you to escape the masses to live your life on your own terms.
What’s covered in the podcast?
Why beliefs must be mastered to become a great trader
How to clean old your beliefs
Why traders aren't able to control emotions and what to do instead
How to increase your trading return very simply
How to set your trading so that you can live fulfilled and happy
How to take control of your routines
And so much more...
1/11/2016 • 49 minutes, 20 seconds
020: A Winning Mental Approach To The Market w/ Dr. Gary Dayton
Dr. Gary Dayton is a trading psychologist standing apart in the trading world. Based on intensive research, he help traders to reach peak performance in trading by getting in the right mental state.
He believes in the importance of mindfulness, or the idea of identifying and accepting your emotions while trading.
As Dr. Dayton states, it is impossible to avoid our emotions. As traders, the only thing we can do is live with them but act in a proper way.
What's covered in the podcast:
Show notes: http://www.desiretotrade.com/gary
Get the Complete Price Action Strategy Checklist for FREE! http://www.desiretotrade.com/complete-price-action-checklist/
For a lot of article and tips that will help you become the best trader you can be: http://www.desiretotrade.com
1/4/2016 • 46 minutes, 57 seconds
019: Forex Trading for Sustainable Growth and Big Profits
Randy Tudor is a longtime Forex trader and stock market investor. He has made the study of financial and tax matters his life-long pursuit. Before opening the doors to his first successful business in 1983, he held various positions and roles with several fortune 500 companies. Since then, he has operated his own accounting, tax and financial planning firms, and has earned numerous financial and accounting certifications along his journey. Randy has had the opportunity and pleasure to personally work with hundreds of clients in handling financial matters, investing in the stock market, trading Forex, and in learning how to become financially independent by utilizing optimal investment strategies.
What's covered in the podcast:
How Randy was able to follow only one trading strategy and succeed
The biggest mistakes people make
The money management principles you must apply to succeed
How Randy uses rules to succeed
How Randy taught his son to trade
The best part about being a trader
And much more...
Get your FREE Forex Introduction eBook: http://www.desiretotrade.com/free-forex-introduction-ebook/
For a lot of article and tips that will help you become the best trader you can be: http://www.desiretotrade.com
12/28/2015 • 52 minutes, 26 seconds
018: Freedom Lifestyle Through Option Trading w/ Kirk Du Plessis
Kirk Du Plessis is the man and trader behind OptionAlpha.com, a site that teaches people how to generate consistent monthly income from option trading.
What is interesting about Kirk is his background. He worked as an investment banker in New York, a REIT Analyst in Washington, and then helped co-found a Hedge Fund. However, although is background looks awesome, Kirk went through harder times. In fact, learning to trade wasn't easy... He wasted 1.5 year and lost $15,000 trying to day trade. That is something I wish will never happen to you.
Get your FREE Forex Introduction eBook: http://www.desiretotrade.com/free-forex-introduction-ebook/
Show notes: http://www.desiretotrade.com/Kirk/
For a lot of article and tips that will help you become the best trader you can be: http://www.desiretotrade.com
12/21/2015 • 32 minutes, 40 seconds
DTTP 017: Achieving consistent profitability as a Forex trader w/ Brandon Clay
Brandon Clay is a marketing expert with a passion for trading. He started around 2000 and struggled to become a consistent trader. Today, his view of trading turns out to be much more serious and is working more consistently on becoming a successful trader.
I can definitely relate to Brandon because he started trading at about my age. But most importantly, he is the host of the Trading Story Podcast, a podcast that aims to bring newer traders the most practical & inspiring trading podcasts (interviews & tips) anywhere. Brandon's podcast also describes his journey to become a consistently profitable trader.
Today, he is set out to become a profitable trader. This has been made possible through getting a mentor and taking a trading course.
He had several piece of wisdom to share from what he hears on his podcast.
Get your FREE eBook and develop your own trading strategy: http://www.desiretotrade.com/free-forex-introduction-ebook/
Show notes: http://www.desiretotrade.com/brandon/
If you've enjoy the show, please leave us a review!
12/14/2015 • 36 minutes, 11 seconds
DTTP 016: Sell out to achieve success w/ Jason Graystone
Jason Graystone is a normal guy living in United Kingdom. However, he achieved something most trader wish to accomplish. He became profitable in day trading on the foreign exchange market.
How did he do it?
That is exactly what Jason shares on the Desire To Trade Podcast. He attributes his success to getting the right education and trading according to 1 strategy on 1 time frame at first.
Jason is aware of the way traders get trapped these days. Information is so easily available online and traders can find hundreds of strategies to trade with. This is the main reason why people do not stick to and implement what they learn.
Your FREE eBook to develop your own trading strategy: http://desiretotrade.com/freeebook
Show notes: http://www.desiretotrade.com/jason
If you've enjoyed this episode, please leave us a review!
12/7/2015 • 28 minutes, 9 seconds
DTTP 015: Watch Out For Mutual Funds And Do This Instead w/ Joshua Belanger
In Episode 15 of the Desire To Trade Podcast, Joshua shares the truth most people don't want to hear about mutual funds. In his opinion, investors should not rely on mutual funds to generate a sufficient income to retire. Having been involved in option trading, Joshua believes investors can use options to get much better results.
So many things were covered in the podcast including:
Why mutual funds aren't a smart way to invest your money
What you can do to start saving thousands of dollars today
How an average investor can start using options
And much more…
Show notes: http://www.desiretotrade.com/joshua
Get your FREE Forex Trading Introduction eBook: http://desiretotrade.com/free-forex-introduction-ebook/
If you have any question, email me at etienne@desiretotrade.com
It's time to become the best trader you can be!
www.DesireToTRADE.com
11/30/2015 • 44 minutes
DTTP 014: Passive Income Through Real Estate Investing w/ Gerald Czernohorsky
Gerald is a great source of inspiration when it comes to entrepreneurship. He discovered real estate investing a few years ago and learned from a phenomenal mentor. Today, he still has projects of buying bigger buildings in order to generate passive cash flow.
In this episode, Gerald provides key information on how Daniel mentioned a few times the importance of visualization. Having goals isn't enough in his opinion. The key is in feeling what the outcome looks like.
So many things were covered in the podcast including:
Gerald's story about starting in real estate
Why investing in real estate
How people can make money in real estate from
Gerald's best piece of wisdom
And much more...
Show notes: http://www.desiretotrade.com/gerry
Get the Real Estate Investing Course: http://desiretotrade.com/realestateinvesting
Get your FREE Forex Trading Introduction eBook: http://desiretotrade.com/free-forex-introduction-ebook/
If you have any question, email me at etienne@desiretotrade.com
It's time to become the best trader you can be!
www.DesireToTRADE.com
11/23/2015 • 43 minutes
DTTP 013: Achieving Optimal Performance Through Health & Fitness w/ Joseph Brigley
In Episode 13 of the Desire To Trade Podcast, he shared very actionable tips you can apply straight away to see a difference in your overall health and trading performance.
So many things were covered in the podcast including:
What is best to eat if you want to improve your performance
The best exercise to get in shape and perform well
The amount of sleep that's really needed
How much alcohol should you consume
The impact of power naps
And much more…
Show notes: http://www.desiretotrade.com/joe
Get your FREE Forex Trading Introduction eBook: http://desiretotrade.com/free-forex-introduction-ebook/
If you have any question, email me at etienne@desiretotrade.com
It's time to become the best trader you can be!
www.DesireToTRADE.com
11/16/2015 • 44 minutes, 42 seconds
DTTP 012: Inspiration, Action Steps and The Power of Visualization w/ Daniel Garnier
Daniel Garnier transitioned from working in a multi-level marketing company he didn't really enjoyed to trading Forex for himself and other people. His main goal right now resides in educating people to create results in trading.
Like most traders, he lost his first few accounts and ended up withdrawing the last $6.32 off his $3,000 account. The main thing Daniel didn't have was education but on a more psychological perspective.
All that makes Daniel's advice very interesting to hear. He has clear action steps that he recommends traders take to succeed!
So many things were covered in the podcast including:
Daniel's beginning as a trader
How $3,000 went out his account as fast as they went in
The structure Daniel needed to become profitable
Why taking responsibility is powerful
Daniel's use of visualization to boost his success
Action steps for new and struggling traders
And much more…
Show notes: http://www.desiretotrade.com/daniel
Get your FREE Forex Trading Introduction eBook: http://desiretotrade.com/free-forex-introduction-ebook/
If you have any question, email me at etienne@desiretotrade.com
It's time to become the best trader you can be!
www.DesireToTRADE.com
11/9/2015 • 46 minutes, 58 seconds
DTTP 011: The Fascinating World of Automated Trading w/ Kirill Eremenko
Kirill Eremenko is a data scientist and Forex systems expert. In very simple terms, he uses data from the Forex market to create automated trading systems. Although the process of creating automated trading systems (also called Expert Advisors) is complex, Kirill explains it very simply in Episode 11 of the Desire To Trade Podcast.
Get 90% Off Krill Eremenko's most popular course
So many things were covered in the podcast including:
How Kirill Started Trading
How Kirill went from $1,000 to $15,000
How he lost $10,000 overnight
Why the brain is the most powerful computer
What steps are necessary to create a great automated system
The myth of being good at programming
Krill's favorite books
Action steps to start
And much more…
Show notes: http://www.desiretotrade.com/kirill
Get your FREE Forex Trading Introduction eBook: http://desiretotrade.com/free-forex-introduction-ebook/
If you have any question, email me at etienne@desiretotrade.com
It's time to become the best trader you can be!
www.DesireToTRADE.com
11/2/2015 • 36 minutes, 34 seconds
DTTP 010: The Story Of A Hard Working Trader w/ Akil Stokes
For a long time, Akil Stokes struggled to make money in trading. He started right out of college, being unemployed. Today, he can be found almost everywhere online, teaching traders how to succeed in trading.
So many things were covered in the podcast including:
Akil’s story as a struggling trader
The key to backtest effectively
What’s in Akil’s Trading Library
His one sentence of advice for traders
And much more…
Visit the show note page: http://www.desiretotrade.com/Akil
Get Your FREE Trading Introduction eBook: http://www.desiretotrade.com/free-forex-introduction-ebook/
Enjoy!
10/26/2015 • 46 minutes, 44 seconds
DTTP 009: From $0 To Fund Manager w/ Dan Shy
Dan Shy started trading in 1996. As for many trader, his start was rough. Over the years, he was able to become profitable until his "Never Again" moment. Over one single trade, he destroyed his entire account.
Fortunately, that painful moment lead to a great future in trading for Dan. He was able to fund a new account 5-6 months later. Over the years, he gained valuable insights that he shares in Episode 9 of the Desire To Trade Podcast.
Of course, a lot more is discussed in the podcast. Here are the main things covered:
Why nobody can turn someone else into a good trader...really?
The desire that destroys traders over and over again
Why it's important to create other streams of income for traders
The "Christmas tree chart" problem new traders face
What elements of psychology are crucial to understand
And much more…
Visit the show note page: http://www.desiretotrade.com/sharpetrade
Get Your FREE Trading Introduction eBook: http://www.desiretotrade.com/free-forex-introduction-ebook/
Enjoy!
10/19/2015 • 43 minutes, 23 seconds
DTTP008: Become A Profitable Forex Trader In 4 Months w/ Paul Langer
In the episode 8 of the Desire To Trade Podcast, Paul Langer amazed me by claiming that new traders could become profitable in 4 months.
From what I heard, he is right. There is no secret to Forex trading. The number one thing mentioned by Paul is that you really have to adopt your own style.
The other interesting about Paul is his story. He started trading after a broke friend told him about it. After losing most of his $50,000 account, he has been able to recover, and even earn more!
Check out the show notes: http://www.desiretotrade.com/paul
To claim your FREE Forex Trading Introduction eBook: http://desiretotrade.com/free-forex-introduction-ebook/
If you have any question about trading, email me at etienne@desiretotrade.com
And please Subscribe to the podcast!
Much respect,
10/12/2015 • 38 minutes, 31 seconds
DTTP 007: One Key Thing That Could Change Your Life And Trading w/ Yvan Byeajee
Yvan Byeajee has been an active stock trader for the past 8 years. His long-lasting interest and fascination for the financial world made him stick to trading in spite of his rough start.
Check out the show notes by clicking here
He shares one thing that made his success and that can improve anyone's life in his opinion. That thing is meditation. It could be a game changer for you.
Here are things covered in the podcast:
Yvan's rough start in trading
What lesson Yvan extracts from his failures
How meditation changed Yvan's life
What traders must do to manage their thoughts
What habits are key to Yvan's success
Why emotional control is a myth
And much more…
DesireToTRADE is blog where aspiring traders can learn to become the best trader they can be. Through articles and videos on the mind, trading psychology, general trading tips, and success, we want to make sure that you have everything set in your path to success in Forex trading.
Get Your Free Forex Trading eBook: How To Develop Your Own Trading Strategy
If you've enjoyed the show:
=> Please leave us a review! Simply click here.
10/5/2015 • 49 minutes, 6 seconds
DTTP 006: The Amazing Power of Mindful Trading
Ever heard of mindfulness? Over the course of a podcast interview, Rande Howell, author of Mindful Trading, shares his knowledge on what is mindfulness and how a beginning trader can use it to become a mindful trader (i.e. achieve the right trader state of mind).
What is covered in the podcast:
What is Mindfulness
Ways Traders Can Be Mindful
The evolution of a trader
What is the right Trader's State of Mind
The Main Points Covered in Mindful Trading
The Difference Between Men & Women When Trading
And much more...
9/28/2015 • 40 minutes, 14 seconds
DTTP 005: The Most Insightful Advice I Ever Received From a Trader & Educator
This Episode 5 of the Desire To Trade Podcast features Todd Brown, the co-founder of Trade Empowered. He has made a profound impact on me by talking about stuff that can really make a difference for any trader.
Whether you started trading a month or 5 years ago, Todd has something you should hear.
Here are things covered in the podcast:
How traders can use the famous IF...THEN Process
How Neuro Associative Conditioning (NAC) can change a trader's profit
The 4 Levels of Competence and which one traders must reach
How using Pain and Pleasure can turn your trading around
And much more...
Access the show notes
P.S.: I'd love if you could give us your opinion of the podcast. Do you like it? Leave an honest review. It's going to help me improve!
9/21/2015 • 35 minutes, 40 seconds
DTTP 004: Trading Lifestyle & The Evolution of a Forex Trader w/ Hugh Kimura
Hugh Kimura, the founder of Trading Heroes, is in the progress toward leaving his job to trade Forex full time. Through his podcast The Trading Lifestyle Podcast, he interviews traders escaping the 9-5 scgedule to live extraordinary lives.
In this episode, Hugh shares the best tips he learned from his interviews and all the progress he, himself, made as a trader.
Access the show notes
P.S.: I'd love if you could give us your opinion of the podcast. Do you like it? Leave an honest review. It's going to help me improve!
9/14/2015 • 23 minutes, 46 seconds
DTTP 003: My Trading Goals
Setting goals is powerful. In trading, I instead of focusing on the outcome, I decided to set my goals as things to implement. I decided to share them on this podcast. Each month, I'll be reviewing my progress. I truly believe that the goals I set will push my trading forward. They will work for any committed trader as well. I encourage you to write down your goals as well.
Houston Truong is a stock & future trader and coach living in Montreal, Canada. He runs a blog called The Trading Edge as well as a podcast. He shares advices on his peciality: how traders can achieve peak trading performance.
9/6/2015 • 47 minutes, 59 seconds
DTTP 001: Get Started in Forex Trading And Avoid Beginner's Mistakes w/ Andrew Mitchem
Andrew Mitchem is a Forex trader among the very well-rated trading coaches. He shares his advices on how normal people can get started in Forex trading. He, as a former farmer, is the proof that even though Forex trading has its difficulties, one can invest time and energy to thrive in it.
9/5/2015 • 40 minutes, 13 seconds
Introduction & What to Expect - Desire To Trade Podcast
In this podcast, I, the host of the podcast, introduce myself and provide information about the show as well as about my blog www.DesireToTrade.com. If you are new to trading, and even if you have experience in it, the Desire To Trade Podcast will be a great resource for you. Stay tuned!