Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

How To Make A Living Trading Multiple Markets – Show Notes In episode 108 of the Desire To Trade Podcast, I interview Steve Patterson, one of the top proprietary traders based in Toronto, Canada. As someone trading the markets for 37 years, he came on the podcast to talk about how to make a living trading multiple markets. More About Steve Patterson Steve Patterson has experience working in the world's largest firms, prop firms, stock broker and floor trader. During his work life, he has seen 3 market crashes and multiple Bull and Bear market cycles. Now he knows everything about how to master the markets and trade profitably through all environments, which makes him a very interesting guest. 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! "Get the right expectations about what this business is and what is possible from this business" - Steve Patterson 10 Key Takeaways From This Episode 1. Keep Things Simple, But Not Too Simple While some strategies found online seem ultra-simplistic, there will always be an aspect that makes trading not so simple. For instance, a candlestick pattern by itself is not likely to produce a positive return by itself. You must add rules to limit the trading you'll do (i.e. concentrate on the best setups). That's what I believe is meant by keeping thing simple, but not too simple. One thing I'm personally a big fan of is to use the Market Phase to determine whether my trade setup appears in the right context. Read: Successful Price Action Trading In 3 Steps 2. You Take Out Of Trading What You Put Into It As you've probably heard before, Forex trading is a field in which you should spend more time working on becoming better than actually trading. After all, you are competing against the top traders of this world, algorithmic systems, and technology. If that doesn't motivate you to work harder, I don't know what will do it... I have seen how much you get rewarded for the work you put in outside trading hours. Those hours spent backtesting, researching, journaling, etc. eventually pay! 3. Pick The Market In Which You Have An Edge What's interesting about Steve Patterson's style of trading is that he decides in advance what market he is going to trade. By sticking to a market for a certain period, he ensures that he trades where there is sufficient volatility. Although Steve doesn't watch the news, that much, he notices where things are likely to happen through fundamental analysis. 4. Use Fundamental Analysis For Your View Of The Market Steve mentions early in the episode that he is bearish on the S&P500 since the beginning of August 2017 all the way to the date of the recording (August 17th, 2017). That was, in part, due to multiple companies missing earning estimates in the recent earning season. He noticed a theme. He gets to answer: "Is the smart money buying or is the smart money taking profit?" 5. Never Fight An Existing Trend One of Steve's key lesson to his students is to never fight an existing trend. Instead, he mentions the interesting fact that it is easier to go with the trend instead of going against it - even if the trend is about to end. 6. Indicators Alone Aren't Producing Results When trading any market, most new traders rely on indicators. I have personally seen how poorly some indicator-only trading strategies perform over the long-run. You can rarely expect consistency unless you add in many filters to your trades. I have personally seen how poorly some indicator-only trading strategies perform over the long-run. You can rarely expect consistency unless you add in many filters to your trades. As Steve mentions it, most people don't know why certain indicators/patterns/ work well in certain conditions and not in others. That is something you must take into consideration and be able to adapt when you notice a change. 7. Recognize When The Market Is NOT Chaotic Steve and I spend most of our time saying "No" to trade setups because they happen in the wrong environment - a chaotic market. What's more important is being able to detect when a specific setup is likely to work out. What's more important is being able to detect when a specific setup is likely to work out. 8. Develop Patience Patience always pays. After asking Steve about his best advice for traders looking to trade only the Forex market, he replied: "learn to develop patience". He added to that: "learn to identify the best setups." 9. Stay Optimistic Trading is probably the field in which it's the hardest to stay optimistic - speaking from experience here. :) However, all the results I got in trading occurred when I was optimistic. You must find something to get you back on track when things don't go as planned. My personal resource is listening from inspiring traders on the Desire To Trade Podcast. 10. Coaching Will Set You Apart From Other Traders Whe

The Psychology Of Success In Trading – Show Notes In episode 107 of the Desire To Trade Podcast, I interview Silke Glaab, a psychologist based in Dubai. She has been trained to guide people to have it All: success, fulfilling work and money - and romantic love, a great partnership, and family. Silke accepted to come on the show to share some of the principles surrounding the psychology of success in trading. More specifically, we tackle the 5 steps to staying vibrant and energized all day as a trader throughout the interview. Those can be applied to anyone in any market! More About Silke Glaab She completed a Master Degree in Psychology from Munich University with a Cross-Cultural experience and 15 year Training and Advisory career with positions held as Training Manager at T-Online for Technical and Customer Care Support, Research Assistant at Psychiatry Ulm for Quality Assessment and as Project Consultant for German International Cooperation (GIZ) in Kenya prior coming to Dubai. With her profound knowledge in NLP Master Coaching and Hypnotherapy (Marisa Peer method), she can assist you to elevate your brain power, change limiting beliefs of your subconscious mind and release stuck energy in minutes so that you can align your personal goals with our highest mission! 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! "Breathe, because it's powerful." - Silke Glaab Key Takeaways From This Episode (provided by Silke) Keep Your Perception Fresh It is the ability to become aware of something through the senses. However, there are millions of sensual information reaching your brain every second. The actual perception is a distortion of the all the incoming data and is linked to already stored information and expectations. And we're not consciously aware of that. So, if you're checking on the same charts every day your brain compares the incoming info with already existing info and matches it. This can lead to misinterpretations of new info. How To Improve: Challenge your brain by changing your routine all over, include breaks and stay focused for at least 20 minutes. Feelings & Thoughts Work Together A thought is an idea or opinion produced by thinking(about yourself, others, trading, the world) or occurring suddenly in your mind. The quality of the thought depends on your biology, your emotional state you're in. It can be triggered by incoming information from the environment (senses) or from inside your body (feeling). Stressful or incongruent situations create chaos in your brain and as a result making it impossible to think clearly or to come up with new and creative solutions. When you change the context (emotional state) in which thoughts emerge, you can change the quality of the thought. Further, 95% of our thoughts are subconscious and they're running their programs in the background.Therefore, affirmations often do not work, because they target the conscious mind. A feeling is a conscious awareness what's going on in your body. Like with anger, your heart beat goes up, blood pressure rises, muscles tense up, your attention narrows. Often you're not aware. And you're still thinking what you're thinking and doing what you're doing and it's not your best performance. Feeling and thinking are interrelated. A negative thought results in a negative feeling and negative feeling results in a negative thought. And you're still thinking what you're thinking and doing what you're doing and it's not your best performance. Feeling and thinking are interrelated. A negative thought results in a negative feeling and negative feeling results in a negative thought. How To Improve: Uncover your limiting beliefs and change them in an instant and reprogramme your mind in minutes with Psych-K. Emotions & Awareness Emotions are energy in motion. The result of all physiological inputs creates an emotion in the brain. How To Improve: Become aware of your feelings throughout the day to navigate them throughout the day. Take control of your emotions and shift your emotion towards the flow zone of passion, focus, determination, containment, and curiosity. Move away from anger, frustration, anxiety, boredom, detachment. Methods: Breath, Label and Embrace your feelings, Bilateral stimulation... Listen: The Most Valuable Insights On Trading Psychology - Andrew Menaker Control Your Physiology Physiology is a stream of date from all physical and chemical processes in a living organism to the brain. How To Improve: Control your physiological state to get an instant grip on your emotional state towards a flow state and become crazy productive by controlling your BREATH. Dr. Alan Watkins recommends a Breath which is Rhythmic, Even, And Through your Heart. Other things are sleep, exercise, nutrition. Resources Mentioned In This Episode BECOME INCREDIBLY SUCCESSFUL - adopt the habits of succ

What Makes A Great Discretionary Trader – Show Notes Show notes: http://www.desiretotrade.com/106/ Recorded on July 24th, 2017 In episode 106 of the Desire To Trade Podcast, I interview discretionary trader Will Hunting who, like many traders, describes the early years as a series of 'humbling' experiences. Will Hunting started a journal recording simple techniques and market observations which allowed him to trade successfully and develop a hobby into a career. Some of that journey was documented in public forums dedicated to trader education. He has helped hundreds of traders new and veteran alike to build solid foundations in technical analysis, price behavior, market psychology & critically the ability to make sensible decisions. Having delivered double digit returns for many years he has been featured in trade publications and is one of the UK's most well-known independent retail forex traders. Key Takeaways From This Episode Learning From Every Trader You Meet One major thing I got from this interview is the idea that we, as Forex traders, take lessons from all the other traders we meet. The trading strategy I currently trade, although it is unique to me, is based on different little things I learned from different people. A Twist On The Risk-To-Reward Another major discussion concerned reward-to-risk. Although a lot of traders see a loss in trading as the "cost of doing business", Will reminds that we can add criteria to avoid taking as many loss. That will make the drawdowns much smaller. Following The Way That Makes Sense To YOU As discussed throughout this interview, Will Hunting has a discretionary trading style that differs from most traders previously interviewed. That, however, makes sense to him and that is a very important part of the equation of success in trading. A trader that doesn't use something that makes sense to him will never trade at its optimal performance. 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! "Plan every trade. If you do that, you have a head start on all traders." – Will Hunting 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 Kevin Hunt? Wmd4x Skype: wmd4xx 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!

London Session Forex Day Trader Made Profitable – Show Notes Show notes: http://www.desiretotrade.com/105/ In episode 105 of the Desire To Trade Podcast, I interview Kevin Hunt, a Forex day trader who specializes in trading the London session. He is driven by location independence and has been trading his own fund since 2013. What's impressive about Kevin Hunt's story is how quick he was able to get on the right track after surrounding himself with traders. At the moment, Kevin runs a London session trading room in the Price Action Traders Institute along with Kim Krompass. 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 Interview, You'll Learn… The trading style applied to London's Forex session. The story of Kevin - starting to trade from India by meeting interesting people. How to react when your method doesn't work for you. How Kevin realized he was a successful Forex day trader. The importance of continual improvement. How to deal with losing sequences in day trading Developing the skill of walking away An important lesson on expectations. The habits to develop if you want to trade better. A great lesson on using rewards & punishments: Kevin tells the story of a trader who had rewards & punishments at the end of the week/month depending on the respect of her trading plan. The things Kevin Hunt did really wrong - so you can avoid them! And much more! Share This! "The moment you enter a trade, it has a 50% chance of being wrong." – Kevin Hunt Resources Mentioned Interviews with Kim Krompass (episode 100 and episode 46) Trading In The Zone by Mark Douglas Join The Price Action Traders Institute (PATI) Kevin Hunt teaches in the Price Action Traders Institute (PATI) along with Kim Krompass. By entering the promo code DTT10OFF, you will get 10% off for the PATI membership. To Join the PATI Membership: https://priceactiontradersinstitute.com/register/pati-full-membership/ 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 Kevin Hunt? UK2Asia 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!

Freedom Lifestyle Forex Trading – Show Notes Show notes: http://desiretotrade.com/104/ In episode 104 of the Desire To Trade Podcast, I re-interview Andrew Mitchem, a Forex trader & coach who has successfully created a "freedom lifestyle" through Forex trading. What's nice about Andrew's style is how he combines multiple time frames and manages to spend little time trading on a daily basis. I personally learned a lot from Andrew and he was the very first person who agreed to be interviewed on my podcast. He personally taught me The Money Management Principle Most Traders Don't Know About. The Forex trading freedom lifestyle Andrew Mitchem developed for himself is very inspiring and I could personally still learn new things from that interview - in which we dive deep on trading strategies & the methods used in the Forex market. 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 Interview, You'll Learn… The technical trading tools Andrew uses on a daily basis How to enter continuation trades for a better result Why & how trading uncommon time-frames (6hr, 8hr, etc.) How Andrew's trading style changes when traveling How to use round numbers and why they work on all currency pairs Some advanced trading strategies for taking profits What Andrew does uniquely in trading Some of the worst trading mistakes What Andrew thinks is necessary to win a trading competition What is an acceptable drawdown And much more! Share This! "Keep your risk low per trade and make percentages (not pips)" – Andrew Mitchem 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 Andrew Mitchem? The Forex Trading Coach The Successful Trader System Online Forex Course (with a 20% discount) 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!

The Fascinating Story Of An Institutional Forex Trader – Show Notes In episode 103 of the Desire To Trade Podcast, I interview Forex trader Tony Sycamore, an ex-institutional trader with a fascinating story in the market. Watch the video interview with Tony Sycamore Tony started studying technical analysis more than 20 years ago while working for Macquarie Bank on the floor of the Sydney Futures Exchange (SFE). That was where Tony's passion for the markets was fuelled. In 2003, his ongoing study of markets and technical analysis enabled him to become part of the Proprietary Trading Group at Goldman Sachs. Tony was fortunate enough to learn from working with and watching some of the best financial minds in the business. Trading mainly foreign exchange (FX), he posted strong returns on capital, in particular in 2007 and 2008, before leaving the firm in 2009 to transition into FX sales with BNP Paribas (BNPP). He has spent the last five years at Commonwealth Bank of Australia (CBA). While at CBA and BNPP, Tony wrote and published the Weekly FX Technical Report containing technical analysis, trade ideas, and opinions. The report earned a strong following from a variety of clients, including fund managers, hedge funds, balance sheets, central banks and large corporates all over the world. I personally found it very interesting to speak with Tony and to discover more about the world of an institutional Forex trader and how Tony was able to make his mark in it. 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! "Every battle is won before it's ever fought." – Sun Tzu "When you marry technical analysis to fundamental analysis, that gives you a very strong edge." – Tony Sycamore "If you look off to your downside, your upside will take care of itself." – Tony Sycamore In This Interview, You'll Learn… What made Tony pick Forex as the market to trade How & why focusing on technical analysis makes you stand out The differences between trading on your own and for an institution The role of correlation analysis for an institutional Forex trader Timeframe transitions Tony Sycamore went through over time From Rugby to Forex trading How to react when your view of the market is tested How and why to create new trading strategies over time What should your focus be in this new trading/finance industry How to decide what to trade in the Forex market What indicators technical institutional Forex traders look at Why a return of 25% per year is awesome The typical win rate of an ex-institutional Forex trader The worst month to trade What's unique with Tony Sycamore's trading And much more! 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 Tony Sycamore? TechFxTraders Facebook Twitter LinkedIn 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!

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!

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!

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!

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!

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!

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!

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!

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!

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!

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!

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!

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!

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!

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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