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

Trading Fully Automated: Secrets From An Algo Trader In episode 430 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Alejandro Perez from the Desire To Trade team to discuss how to trade fully automated using algos. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:44 What's new with Alejandro? 01:46 The myths about algo trading 03:56 How to know whether your algos are working or not 06:03 Alejandro's insights when your sideways period lasts for a long time 08:21 How to create filters with algos 10:40 Thoughts on "earning while learning" 13:13 How to avoid over-optimization 15:20 Algos can either be the sexiest or the most boring thing 16:51 Learning how to code algos 20:05 Programming language to start with 21:08 Getting funded with algos 23:49 Important points on risk management 25:22 Know when to change settings 27:50 Algo trader lifestyle 28:58 Best weeks or months in algo

Trading Tips No One Ever Told Me! In episode 429 of the Desire To Trade Podcast, we will be listening to trading tips no one ever told you. Have you thought about how successful traders learn to trade? What about creating a system that works? Let the experts show you how! Forex Trader Motivation playlist >> Watch the video recording! Here are the full interviews used in this Forex Trader Motivation video: Jason Sen Austin Silver Adrian Reid Daryl Guppy Chris Tate What will you start or stop doing after watching this video? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via

Intro To Scalping Course In episode 428 of the Desire To Trade Podcast, we will be listening to the recording of the ultimate scalping intro course with expert trader Michael Toma. If you are serious about learning how to do scalping properly, this video is perfect for you! And it's FREE! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:57 Is scalping right for you? 01:39 Why consider scalping? 04:06 What appeals to you as a trader? 04:20 Requirements specific to scalping 06:03 Higher business costs of scalping 07:16 Qualify to be a scalper 08:53 Risk management, discipline, and patience 09:42 Own a strategy with edge and the ability to produce that edge 10:33 Manage trade size like a pro 11:50 What the best of the best scalpers do 15:59 Know "E-V" & math-edge always wins over time 17:39 The realities of scalping 18:50 Effort is not equal to results 21:22 Scalping requires lots of mental focus 22:15 Journaling an

Anticipate The Market Like A Pro Trader In episode 427 of the Desire To Trade Podcast, we will be listening to the recording of an interview with author and trading psychologist, Gary Dayton, and they talk about how to anticipate the market like a pro trader. How do you know when you're reading the tape properly? You'll learn how to do that from this interview. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:52 Tape reading overview 03:38 What is tape reading? 04:05 5-minute chart in the S&P (see video) 11:51 How to handle a break of the channel 23:03 What is too much of a pullback? 39:17 Looking at things in a logical way 39:32 Gary trading right into the close 43:44 Where to find Gary Dayton? (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free

The Myth of Trading Psychology In episode 426 of the Desire To Trade Podcast, we will discover the reality behind the myth of trading psychology. Learn the discipline of the most successful traders and what mindsets you need to let go of to become profitable. Forex Trader Motivation playlist >> Watch the video recording! Here are the full interviews used in this Forex Trader Motivation video: Sunny J. Harris Tyler Bollhorn Mandi Pour Rafsendjani Daryl Guppy Marc Walton What will you start or stop doing after watching this video? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscri

The Real Trading Legend In episode 425 of the Desire To Trade Podcast, we will be listening to the recording of an interview with legendary trader, Sunny J. Harris, and she talks about coding, backtesting, and some of the most important strategies to become a successful trader. You won't hear this trading advice anywhere! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:41 Who is Sunny J. Harris? 02:42 Making sense of trading books 03:27 What to do with strategies that cannot be coded 04:37The difference between trading before and after coding 06:59 Sunny's advice to traders who want to start coding? 07:50 Any language preference for coding? 08:44 The process of transferring from one platform to another 09:35 Where to focus your time to improve your trading 10:27 Any data issues during transition? 11:27 People using algo to trade better than those trading manually 13:29 Matching your trading strategy with your person

"Day Trading Full-Time Using Price Levels" In episode 424 of the Desire To Trade Podcast, we will be listening to the recording of an interview with professional day trader, Dave Floyd, and they talk about day trading full-time using price levels. Successful day traders have their share of ups and downs, but you can learn how to stay profitable with the right strategies. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:45 What's new with Dave? 03:31 How different are pivot points from what he's working on now? 06:26 Using price levels to trade intra-day or other timeframes 07:41 Looking at price levels at the S&P 500 chart (watch the video for the screen share) 13:02 How do you deal with choppy days? 14:56 The best time to update the levels 16:04 Looking at the levels for day trading in the S&P and swing trading/position trading on fx 17:04 Choosing the pairs to trade (CAD/JPY) 18:30 How does he use stochasti

"Ex-Institutional Trader Mastering Technical Analysis" In episode 423 of the Desire To Trade Podcast, we will be listening to the recording of an interview with ex-institutional trader Steve Miley, and they talk about mastering technical analysis. How do you get past analysis paralysis? Take it from the expert! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:39 How Steve started trading 04:45 Managing risks and returns for your capital 08:08 Steve's institutional trading background 12:14 What's his focus on trading? 14:44 Charts analysis overview 18:02 "If you're too simple, you don't have an edge in the market?" 19:08 On picking up strategies while growing as a trader 21:29 Be open-minded and keep moving forward 22:45 What's next for Steve Miley after leaving the investment banking world 30:56 Insights on day trading and quick returns 34:39 Steve's advice about trading timeframes 38:27 Where to find Steve Miley (li

  "You Don't Need To Trade Everyday To Make A Living Trading" In episode 422 of the Desire To Trade Podcast, we will be listening to the recording of an interview with technical trader Chris Vermeulen and they talk about why you don't need to trade every day to make a living from trading. How important is capital preservation? How do you define the waves in the market? The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:43 Who is Chris Vermeulen 04:05 Becoming a consistently profitable trader 07:22 What's Chris' trading style? 11:03 Looking at price to decide on what to trade 14:41 Defining the "waves" in the market 15:51 Understanding the asset hierarchy 19:41 When to hold a position or take profits 21:34 The CGS: "Consistent Growth Strategy" 21:12 Focusing on the long-term instead of taking a lot of trades 23:38 Tips on risk management 26:52 How to find out when to move to reversal mode 28:21 Chris' advice to traders o

  > Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:18 Who is Andres Granger? 01:46 His start in trading 04:18 The journey from learning to managing a fund 06:54 What is spread trading 07:38 Screenshare (Basics of Spread Trading) 15:02 What technology do you need to do spread trading? 17:18 How Andres got into trading a fund 20:47 How to find capital/investors for a fund 23:22 The real work needed for automated traders 25:06 How journaling can make you a successful trader 27:34 Keys to effective journaling and review 28:55 Why Andres continues to trade manually 30:34 The power of tape reading 33:12 Andres' future plans 33:59 The next level of a trader 36:27 Trading for others to grow wealth 37:45 Where to find Andreas Granger (links below) and much more What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Stra

Full-Time Automated Day Trader Success Story In episode 420 of the Desire To Trade Podcast, we will be listening to the recording of an interview with professional trader Ceri Bryans, and she shares her full-time automated day trader success story. If you're one of those traders who get bored with backtesting, this interview might change how you see the benefits of backtesting for your long-term success. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:50 What's new with Ceri Bryans 02:17 Mechanical trading with MT4, Expert Advisor 02:33 Making the switch from manual to automated trading 04:40 On not preferring a high win rate 05:25 How to avoid fakeouts 06:36 Choosing the right time-frame 07:39 Ceri's backtesting strategy - MUST WATCH! (Video link above) 13:08 Backtesting 4 targets 14:14 Testing the NASDAQ on a 30-minute chart 26:05 Why should you do a backtest? 26:37 Backtesting manually or automatically? 30:41 The

10 Tips To Pass A Prop Firm Challenge In episode 419 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Michael Toma, and they talk about 10 tips on how to pass a prop firm challenge. Becoming a 4-million-dollar fund manager didn't happen overnight. Hear it straight from a profitable trader. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:44 Michael Toma's background as a fund manager 01:52 Trading for a prop firm is a job 03:20 Passing prop firm challenges 04:48 Time limits with prop firms 05:35 On traders who do not follow the rules 06:41 Handling expectations 07:50 "Be a specialist at one or two things" 09:22 Respecting the market 11:57 Thinking bigger to grow as a trader 13:02 How to build a career in trading 14:02 Common mistakes among traders preparing for the prop firm challenge 15:26 What does it take to become a profitable prop firm trader? 16:30 Learn more about Mich

"The Mental Game of Trading" - Jared Tendler In episode 418 of the Desire To Trade Podcast, we will be listening to the recording of an interview with mental game coach, Jared Tendler, and they discuss the mental game of trading. Learn how to bring yourself into a great mental state to improve your trading results. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:26 Who is Jared Tendler? 01:49 What's the difference between the mental game in trading and in other disciplines 05:22 How he helps traders level up in trading 10:04 The process of changing your mindset 17:09 Changing expectations with trading 20:16 Advice to traders who want to scale up 23:23 Traders have different systems 26:19 How does personality impact a trader's performance? 27:42 Jared's insights on the review process 31:24 The difference between your A-game, B-game, and C-game 33:46 What is a good trade? 34:22 Where to find Jared Tendler (links below

"The Mindset of Highly Successful Traders" - Jerremy Newsome In episode 417 of the Desire To Trade Podcast, we will be listening to the recording of an interview with phenomenal stock trader, Jerremy Newsome, talking about the mindset of highly successful traders. Stop over-complicating things and get better trading results. Listen to this podcast for the best trading tips. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:27 What's new with Jerremy Newsome 01:42 Balancing trading and personal life 04:02 Choosing the right stock 05:21 How he chooses the stock he trades 06:36 Trading when you have "more" time 07:59 Improving your wealth mindset 08:52 Jerremy's 3-minute trade (shared screen on the video) 12:44 Building skills and your trading strategy 15:09 Sample trade on longer and shorter timeframes (shared screen on the video) 18:53 Explaining the 1.2 reward-risk 20:09 Taking care of your health 23:29 Jerremy's rout

The Future of AI & Trading Brokers - Richard Olsen In episode 416 of the Desire To Trade Podcast, we will be listening to the recording of an interview with OANDA founder, Richard Olsen, and they talk about the future of AI & trading brokers. What's in store for traders with the rise of AI? Learn how to keep up with technology while consistently making money from trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:36 What's new with Richard Olsen 01:37 How he started trading 02:40 Getting started with high-frequency trading 03:30 The future of high-frequency trading 04:23 Predicting moves with AI 04:59 Is AI and high-frequency trading for everyone? 05:47 How OANDA & Lykke help traders 06:45 What makes them different from other brokers 07:45 Where is forex headed with crypto in the picture 09:05 Will crypto become more like forex? 09:44 Weather-like reports for crypto traders 11:40 Staying in the gam

The Reality of Trading For A Living - Brad Jelinek In episode 415 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Brad Jelinek, and they talk about the reality of trading for a living. New traders often have misconceptions about making money from trading. Find out the truth from a long-term trader. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:36 What's new with Brad 04:23 Trading AND investing 07:40 Finding your way through when you don't know what to do 11:52 Having a traders support group 13:50 Making trading work with kids 17:11 How to protect your finances while trading 19:34 Brad's income streams other than trading 22:52 Making money outside of trading 25:27 How Brad's trading routine look like 27:37 Mindsetting *before* trading 30:00 Benefits of goal-setting 31:11 Brad's powerful advice to traders 33:44 Where to find Brad Jelinek (link below) and much more What di

Secrets From 30 Years Day Trading Market Structure - Brian Shannon In episode 414 of the Desire To Trade Podcast, we will be listening to the recording of an interview with expert trader Brian Shannon, and they talk about secrets from 30 years of day trading market structure. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:33 What's new with Brian? 01:05 When did he begin trading? 02:04 From a stock broker to a trader 03:12 How Brian's trading style changed through the years 04:18 Learning from classic trading books 05:37 Trading multiple timeframes 06:46 Figuring out his personality in trading 08:55 Brian's thoughts on VWAP 13:09 Picking his VWAP period 14:40 Reliability of VWAP 15:01 Coaching S&P traders 17:15 Discretionary or systematic? 18:11 What makes a good trading coach? 20:55 On traders overcomplicating things 22:31 Advice on sticking to a strategy 23:56 How Brian keeps on improving 25:28 Advice for peo

The Reality of Profitable Full-Time Trading - Brent Penfold In episode 413 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Brent Penfold, discussing the reality of profitable full-time trading. Are you on the verge of losing capital? You're about to hear the best advice about risk management and full-time trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:56 What's new about Brent? 04:39 How to avoid making your drawdown worse 09:27 Brent's advice for beginner traders on minimizing losses 15:30 Evidence-based trading 21:15 On strategies that don't perform as expected 26:18 Learning to trade multiple systems 35:44 Taking discretion off of trading 37:53 Looking at a 10-year period in the market (video link above) 42:29 Euro example (must watch - video link above) 48:55 Where to find Brent Penfold (book links below) and much more What did you like best in this podcast e

Full-Time Day Trader With 25 Years of Experience - John Kurisko In episode 412 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Day Trading Radio founder, John Kurisko. We talk about the discipline and patience every trader needs to *actually* make money from trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:38 Who is John Kurisko? 05:12 The power of focusing on one thing 06:33 Crash course on Stochastics 08:18 Play Book Trades (see video) 11:32 Things to look for in identifying a channel 13:38 Channel breakout and first pull-back 14:52 Coil stochastic sample (see video) 16:11 Futures chart example (see video) 19:26 Measuring the momentum 21:12 BONUS: Quad Rotation Rules (see video) 37:56 Building confidence and success in trading 40:26 John's advice on dealing with burnout in trading 43:01 Staying in the market vs. taking the time off 44:11 Should we be careful about

Million-Dollar Fund Manager Secrets To Success - Ray Barros In episode 411 of the Desire To Trade Podcast, we will be listening to the recording of an interview with the phenomenal fund manager, Ray Barros, discussing million-dollar trader secrets to success. You don't come across this kind of trader interview every day! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:28 What's new with Ray Barros? 02:15 The "wounded child" idea in trading 05:22 Identifying your bodily response to avoid trading mistakes 06:53 Should a trader work more on mindset or on strategy? 12:13 Journaling: pre-trade, during-trade, and post-trade 13:17 Qualitative and quantitative journaling 14:23 What might change with A1? 18:12 Learning AI for the long-term 18:35 Did Ray notice any changes in the market? 22:36 What does a recession mean for currencies? 23:26 What pairs does he trade? 24:03 How to find the right pairs to trade 25:16 Ray's thou