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

Trade News in Forex & Understand Volatility Have you ever tried to trade news? Personally I have. This goes back to 2015... "Why?", you may ask. Because that myth is HUGE out there.   News releases happen fast and seeing profits quickly satisfies our brains. But what if I told you that trading after news releases could be even more profitable than during? Indeed, trading news has its many challenges: Wide & varying spreads Ambiguous reaction from the market Delay in getting the info (banks & institutions know the results ahead of you)   So I'm not saying it's impossible, but I believe there's a better way to use news. And recently, I sat down with Chris Weston, Investment Manager at Pepperstone. I wanted him to tell me and share with you how he's personally using news. We obviously go over how to trade news and the kind of stuff you can expect from any news release. You'll also get to learn about volatility... ...and what to do when it's generally high in the Forex market. I cannot stress enoug

Finding A Strategy & Not Enough Time To Trade? (Q&A) In episode 229 of the Desire To Trade Podcast, we have the 1st Q&A for the year in which I tackle the questions you need to succeed in trading. >> Watch the video recording! In This Episode, You'll Learn... Welcome to the first Q&A session of 2020 00:14 Where and how do you find a strategy with Edge 01:00 What timeframes does Etienne trade currently 05:32 Etienne's goal for 2020 8:00 What brokers Etienne use 09:23 What is better Forex or Stocks? 10:45 Not enough time to trade? Listen to this 12:16 Why you need multiple income streams 15:25 How long did it take Etienne to become profitable 16:38 Should you target Minor pairs instead of Majors 18:59 How much money do you need to make a living trading? 22:23 Is it better to have a high R:R ratio with a low Win rate? 26:25 Technical vs Fundamental analysis 29:36 Using multi-timeframe analysis vs a single timeframe 30:59 and more... DesireToTRADE's Top Resources DesireToTRADE Forex Trader Com

Understand Forex & Indices For Maximum Returns in 2020 Have you ever looked at the list of currencies, indices, and other CFDs your broker provides? There's a lot of stuff there. And most people don't even know a fraction of that. That being said, the clear way to improve your returns in trading is by:       1) Choose your pairs/ indices wisely       2) Add more things you understand to your trading playbook And I thought we needed to cover that more in-depth. In episode 228 of the Desire To Trade Podcast, I sit down with Chris Weston, Investment Manager for Pepperstone. We discuss how you can understand currency pairs and stock market indices in order to boost your returns for the next 12 months. Truth is, diversifying the instruments you trade can lead to a big improvement... ...not all strategies work on the same currency pairs or indices. >> Watch the video recording! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook

Trade with an Unstoppable Mindset In episode 227 of the Desire To Trade Podcast, you'll be hearing a compilation of advice from highly successful traders. We prepared this so you're can start your trading year in top shape. Whether you aspire to trade full-time and travel the world, or simply to trade from home, the biggest obstacle you can face is yourself. That's why surrounding yourself with the right thoughts & people is crucial! Sit back and relax...and if you're not yet subscribed to the channel, don't hesitate to do so! Forex Trader Motivation playlist >> Watch the video recording! Complete interviews used for this Forex Trader Motivation video Linda Raschke Richard Jackson Mike Bellafiore Raja Zahoor (WicksDontLie) Scott Welsh 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 Tradi

Trading Advice You Need To Succeed In 2020! In episode 226 of the Desire To Trade Podcast, you'll be hearing a compilation of advice from highly successful traders. We prepared this so you're on the right track to crush your trading goals in 2020. Whether you aspire to trade full-time and travel the world, or simply to trade from home, the biggest obstacle you can face is yourself. That's why surrounding yourself with the right thoughts & people is crucial! Sit back and relax...and if you're not yet subscribed to the channel, don't hesitate to do so! Forex Trader Motivation playlist >> Watch the video recording! Complete interviews used for this Forex Trader Motivation video Michael Toma Steve Patterson Kevin Davey Raja Zahoor (WicksDontLie) Rob Colville 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 Chec

Becoming A Full-Time Algo Trader In episode 225 of the Desire To Trade Podcast, I interview DesireToTrade collaborator, full-time hybrid trader Alejandro Pérez. Alejandro has been trading since 2012 and started to get into algo trading since early on, but it was recently when he made the change to mostly algo trading with some discretionary trading to complement. He is our resident algo expert at DesireToTrade and helps consult clients on developing their own algo strategies and automating their existing trading strategies. >> Watch the video recording! In This Episode, You'll Learn... How Alejandro got involved with algo trading 01:11 How Etienne and Alejandro met and started collaborating 04:11 How to start learning algo trading 05:54 The importance of testing and experimenting with algo trading 09:06 How to backtest your Algos, step by step 11:06 The importance of having enough data and stats from your algos 13:30 How to analyze your stats 14:30 Treating your Algos as your employees and manage them adequ

Millionaire Fund Manager & Investor's Success Lessons In episode 224 of the Desire To Trade Podcast, I interview a highly successful fund manager and investor Marc Faber. Marc Faber is the Editor and Publisher of the “Gloom, Boom & Doom Report”, successful multi-asset investor and hedge fund manager. Marc is not accepting new clients but he still manages large amounts of funds for clients. >> Watch the video recording! In This Episode, You'll Learn... Who is Marc Feber and how he got to where he is now 00:41 Mark main investment focus 04:11 The work you have to do when you run an independent trading business 04:46 Why Marc started to write his own newsletter, even before he went independent 05:45 How Marc learned to invest and trading 08:19 What is an "attractive" chart for Marc 13:16 Marc's thoughts on china investing 16:23 Could countries like Vietnam, Cambodia, etc. could develop as China did in the 70's to today? 19:08 New video in our successfully Trading Forex in 2020 Series with Pepperstone 2

What It Takes To Get Funded by The 5%ers In episode 223 of the Desire To Trade Podcast, I interview Trader and Prop firm founder Gil Ben Hur. Gil is the founder of The 5%ers prop firm. They are an online prop firm who looks to fund the top 5% of traders. They differentiate from other prop firms by giving you live capital from day 1 and allowing any trading style and having a 6 months evaluation program so short and long term traders can prove their skills to earn a funded account. >> Watch the video recording! In This Episode, You'll Learn... "Luck is when preparation meets opportunity" 00:46 How Gil started to trade, the full story 02:26 How The5%ers Fund got formed 11:00 What is The5%ers Fund exactly 12:38 What obstacles did Gil face when building The5%ers 13:31 How to gain trust as an online Prop firm 15:55 How to get funded by The5%ers - step by step rules 17:59 Where does the money to fund the traders come from 21:36 Why are the rules strict for the prop firm 22:24 Common traits of successful funded tr

Trading Success Story From The Pit In episode 222 of the Desire To Trade Podcast, I interview Market Wizard, full-time trader and ex-hedge fund manager Linda Raschke. Linda, while being extremely good at scalping the markets, has a very interesting story of how she went from trading at a physical exchange to moving on her own and then starting a hedge fund. She recently published her book titled "Trading Sardines: Lessons in the Markets from a Lifelong Trader" available on her website https://lindaraschke.net >> Watch the video recording! In This Episode, You'll Learn... How did Linda start her trading career 01:51 1 important thing that Linda learned early in her career 04:50 What Linda learned about herself while writing her new book 09:19 Why Linda has so many notebooks full of texts from her trading 10:50 How different traders go around "Journalling" their trade ideas and notes 13:35 How did Linda build her own Hedge Fund 14:58 How themes changed and Linda adapted to it on the institutional space 16:37

The Best Price Action Trader In The World In episode 221 of the Desire To Trade Podcast, I sit down for a 2nd time with price action trader & scalper Al Brooks. Al is an absolute legend when it comes to price action. He wrote several books on his findings after studying and trading price action for several years. >> Watch the video recording! Watch my first interview with Al Brooks (2 years ago) In This Episode, You'll Learn... Who is Al Brooks and what he does 00:46 How was Al's transition to becoming a full-time trader 04:00 What has changed for Al in the past 3 years (since the last interview) 05:56 Is every market the same? or do they have their own "personalities"? 08:36 New Video Series announcement with Pepperstone 09:56 Al tells what is that attracts traders to Price Action 11:04 How Al developed overactivity in the markets 13:17 How do you keep working even when not getting immediate results 15:32 Most traders are better off letting their systems work instead of micromanaging them 21:29 What tr

Don't Rush The Trading Process & You'll Succeed In episode 220 of the Desire To Trade Podcast, I interview Raja Zahoor known as WicksDontLie online. Raja is a Forex day trader who focuses on trading with the trend. He had very interesting advice on how you too can succeed as a full-time Forex trader. >> Watch the video recording! In This Episode, You'll Learn... "If you remove emotions from every position, it becomes really easy" 00:40 How did Raja Zahoor start to trade 01:40 What were Raja Motivations to get into trading 03:02 What learning curve Raja have to go through to become successful 04:40 Which was the turning point in Raja's trading? 06:42 How Raja determined which were the best times to trade for him, and how he stuck to them 10:29 How your trading times will depend on your lifestyle and personality 12:48 Why Raja prefers day trading over swing trading 14:44 SPONSOR: Soft4FX (manual backtesting software for MT4) 16:27 What is Raja's current trading style 17:37 Which markets Raja is focusing h

The Power Of Compounding ft. Alejandro In episode 219 of the Desire To Trade Podcast, I sit down with Alejandro to talk about the power of compounding. Compounding is a great tool that has been used by legendary investors and the richest people in the world to grow their fortunes. Compounding is best seen over long periods, but in trading, there are more ways to compound your returns and grow your capital. In this live recording, we will be showing you just how much compounding can change your trading results in the long run. We will also show you ways to increase your account even faster using other people's money and we will answer your questions about trading. Ready...? Let's get started !!   >> Watch the video recording! In This Episode, You'll Learn... A quick background of Alejandro, our DesireToTRADE partner 00:17 What is compounding (the basics) 02:24 Why you should use a growth plan or compounding 5:25 Viewer questions: Would you take a larger risk in a trade with more "confirmation"? 09:00 How m

How To Recover From Your First Drawdown In episode 218 of the Desire To Trade Podcast, I share with you how I had my 1st drawdown in the Forex market and what steps I took to get out of it.   >> Watch the video recording! In This Episode, You'll Learn... Into to the podcast and updates on Etienne's trading 00:15 How Etienne's 1st drawdown happened? 03:01 Factors that lead to the drawdown 05:19 Different timezones 05:19 New strategy / Changing strategies 05:47 Lack of quality trading opportunities 06:34 Peer / Self-pressure to take trades -> take lower quality trades 07:11 Handling my 1st drawdown 07:55 Coming out of the drawdown 08:44 How to get out of your drawdowns 10:01 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 Desire To TRADE Academy  DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Tradi

Full-Time Traders With Uncommon Yet Powerful Advice! In episode 217 of the Desire To Trade Podcast, Etienne is joined by two other full-time traders and good friends. Michael Toma and Alejandro Perez are part of the Desire To Trade Team. They help students crush their trading goals inside the Desire To Trade Academy. They are both experts in their field! Michael is a pro at risk management while Alejandro knows a lot about algorithmic trading. >> Watch the video recording! In This Episode, You'll Learn... Who is Alejandro and what is his background 00:46à Who is Michael Toma and what is his background 01:56 Mike's top piece of advice for developing traders 03:07 Alejandro's top advice for developing traders 04:11 Etienne's top advice for developing traders 05:02 What are the value and use of different chart types (Renko, candlesticks, Range, Heikin-Ashi)  04:43 Viewer question: How much should you risk per trade?  14:06 How Alejandro develop his current trading style  16:18 How Mike develop his current tra

Special 200+ Interviews Of Highly Successful Traders In episode 216 of the Desire To Trade Podcast, I sit down with Michael Toma to look back to the 200+ podcasts and 500 trading Vlogs that I made in these past years since starting DesireToRADE. We look at some of the best interviews as well as my journey developing the podcast and my own as a trader. Big thanks to all of you for listening to the podcast and watching the Vlogs, without all of you this would not be possible. Now let's get right into this special episode!! >> Watch the video special! In This Episode, You'll Learn... Welcome to the 500th Vlog and 200+ trader interviews at Desire To Trade 00:18 Did you ever expect to get to 500 vlogs and 200+ trader interviews? 00:56 Some of the interviews that Etienne really wanted and worked hard to get into the podcast 02:37 The value of listening to a variety of themes 03:19 On how to manage making vlogs, trading, and interviews on over 28 countries 04:51 How the vlogs are made (all the work and

How To Get Funded In Forex In episode 215 of the Desire To Trade Podcast, I interview Forex trader and co-founder of FTMO Otakar Suffner. Here is a short intro by Otakar: “My name is Otakar Suffner. I am the co-founder of a young and ambitious company, which searches and financially supports trading talent in financial markets. Before starting the Project FTMO, I myself have traded full-time for about three years until I decided to fully commit to FTMO. Besides working, I love to spend time with my family and friends.” Earn up to 100K USD in Trading Capital by taking the FTMO challenge. (Use our link to get a 5% discount) >> Watch the video recording! In This Episode, You'll Learn... Who is Otakar and what's the story behind FTMO 01:25 How they got the idea of starting a prop firm 02:53 What Otakar trades and does in his daily analysis 04:53 What makes FTMO the best online prop firm to apply for 09:25 What is the process a trader needs to do to get funded by FTMO 12:40 Where you can check the stories of so

Swing Trading Algorithm: How We Built & Made It Profitable! ft. Alejandro Pérez In episode 214 of the Desire To Trade Podcast, I sit down with Alejandro to talk about the story and process we went through developing our algo portfolio and more specifically the BB R  Trading Algo.   >> Watch the video recording! In This Episode, You'll Learn... Topic intro 00:22 Why Etienne needed an algo 01:10 How we got to work together 04:51 Story of the Trading Assistant development 08:09 Difficulties and issues we found along the way 10:04 SPONSOR: Soft4FX (manual backtesting software for MT4) 17:05 How we determined that something worked or not in the algo18:15 How to make sure your algo is trading as it should 20:26 The importance in testing and letting go when developing a strategy 25:00 Learn from the masters and then make it yours 26:54 How Alejandro learned to code for himself 28:28 Mixing Human discretion with Algo trading (this is what top prop firms are doing) 35:13 Example results from the BB Reversal alg

Ultimate Full-Time Trading Truths & Motivation In episode 213 of the Desire To Trade Podcast, I interview full-time Forex trader Merlin De Santis whom I met in Bangkok, Thailand and more recently in his trader villa in Bali. Merlin is a young entrepreneur who started a business when he was 18. He was introduced to forex trading by his friends and since then he was hooked. He sold his business to pursue trading and he now spends most of his time traveling, trading and meeting traders around the world. His learning path was not easy, while he made lots of money at the start he quickly lost it all and realized the reality of trading. From there he has been working hard developing as a trader and improving constantly, leaving the trading lifestyle.   >> Watch the video interview! In This Episode, You'll Learn... Who is Merlin De Santis and where he comes from 00:37 How did Merlin start to trade 01:35 What Merlin did to learn and improve his trading 04:15 How to approach people to meet and learn from them

Prop Firm Trading & Performing Like A Pro In episode 212 of the Desire To Trade Podcast, I sit down for a 2nd time with Mike Bellafiore, the co-founder of SMB Capital, a well-known proprietary trading firm based in New York, USA. Mike is also the author of One Good Trade: Inside the Highly Competitive World of Proprietary Trading and The PlayBook: An Inside Look at How to Think Like a Professional Trader. SMB Capital’s trader-training program was highlighted in the TV documentary Wall Street Warriors. His firm has appeared regularly on CNBC’s Fast Money, CNNMoney, Bloomberg, and Fox Business. I first heard of Mike Bellafiore and SMB Capital through Mike's first book called One Good Trade. It describes how things are done in a proprietary trading firm and provides real stories of traders who had or hadn't what it took to thrive in this world of trading. I highly recommend the book! Mike has a lot of experience working with traders and came to understand what made them successful. He also knows what the le

How To Trade The Daily Chart In Forex (from a pro trader!) In episode 208 of the Desire To Trade Podcast, I sit down for a 2nd time with Rob Colville (aka The Lazy Trader) to discuss how he is trading daily charts in the Forex market. Rob trades exclusively on the daily and weekly time frames. His goal is to have the life he desires first.   Register to Exclusive Trader Masterclass ft. Rob Colville Are you ready for it? Watch the video interview! In This Episode, You'll Learn... Who is Rob Colville and what he does 01:00 The importance of using higher timeframe charts for freedom 02:09 What are the steps to start trading the higher timeframes 04:08 How can someone trading the weekly chart be more profitable than someone trading intraday 06:28 How to handle the small number of trades that one takes with a weekly timeframe trading 11:10 Why Rob would use the same strategies on the higher and lower timeframes 13:27 Sponsor: Soft4FX (manual backtesting software for MT4) 16:38 How Rob uses scaling into trades to