380: The #1 Reason You Still Lose Money Trading
Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
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Show Notes
In episode 380 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.
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Topics Covered In This Episode- 0:16 Introduction
- 01:06 Introduction to S.W.O.T. Assessment
- 01:50 Applying S.W.O.T. assessment in trading
- 03:20 Opportunities and Threats in S.W.o.T. analysis
- 06:53 Motivation, strengths, weaknesses, and self-improvement
- 07:53 What comes after the assessment?
- 09:18 How often do you review your assessment?
- 10:25 Michael Toma's advice on becoming a better trader
- 11:46 The importance of having a team
- 17:50 Michael's advice for 2023
- 18:18 Don't forget to download the template!
- 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!
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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!