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

Anyone Can Trade For A Living In episode 190 of the Desire To Trade Podcast, I sit down in Hong Kong with professional with fund manager Ray Barros in Hong Kong 1 year after our initial interview. A lawyer by profession and training, Ray gave up his lucrative law practice in the 1980s to focus on his first love – trading. His initial attempts at trading failed miserably and he suffered heavy losses. But, after making all the mistakes in a trader’s manual and then some, Ray finally hit on a trading approach that gives him the market edge. This approach has proven effective in both trending and congested markets, allowing him to trade profitably and consistently. Thereafter, he was highly sought after by major banks to manage their funds. At the same time, he was also very much sought after as a trainer to train other institutional traders based on the strategies and techniques he developed. In the early 1990s, he became an outsourced FX Trader and this gave him the flexibility to focus his next great passion

More Profit, Less Trades - Show Notes In episode 189 of the Desire To Trade Podcast, I sit down with full-time trader Moritz Czubatinski in HongKong to talk about how to get more profit with fewer trades.  Moritz has been trading for quite some time. He founded Tradeciety and Edgewonk (a pretty cool trading software) together with his business partner Rolf. Watch the video interview here! Topics Covered In This Episode Who is Moritz and what he does 00:43 What has changed in Mortiz Trading in the past year 01:31 How did Moritz transition from Day Trading to Swing trading 03:09 How does Moritz scale his trading now VS when he was a Day Trader 04:38 When did Moritz replace his Day Trading fully with Swing Trading 05:19 What whee Moritz challenges going from Day to Swing trading 06:33 Considerations for people that want to start a fund 08:36 Who is part of Moritz trading dream team 17:44 How does Moritz organize his working day 21:26 Where can you find Mortiz 22:36 Resources Mentioned Trade Journaling: Edgewo

Technical Analysis Process and Managing Money – Show Notes In episode 188 of the Desire To Trade Podcast, I sit down in Phuket, Thailand with full-time trader Jason Sen. We discuss his technical analysis process as well as his experience managing money for other people. Watch the video interview here! Topics Covered In This Episode Who is Jason Sen and what he does? 00:45 What is the benefit for a trader to have a daily market report? 03:22 What is Jason's Sen process to analyze the markets 04:45 How Jason adapts his indicators based on market conditions 06:44 How Jason is able to trade the 4H, Daily and Weekly charts with 30 pip SL 07:34 What Jason recommends to learn to trade 9:42 That time Jason thought of giving up trading 11:30 How Jason manages trading and managing his real estate business 13:43 How Jason started trading other people's money and how it is working for him 15:22 How Jason structured the fees trading for others 18:30 What are Jason's recommendations for traders that want to manage other

Reality Of Trading Professionally – Show Notes In episode 187 of the Desire To Trade Podcast, I sit down with James Whelan and Daniel Moss in Sydney. Both work for VFS Group, a private wealth management fund. I wanted to discuss with them what it's like to trade in a firm of the sort and what you can expect as well if you ever decide to trade professionally. In 2014, VFS Group was admitted to the BRW Top 100 Fast Starter list. In 2015, Danny was named NSW Business Chamber Young Executive of the year for the Sydney region. Watch the video interview here! Topics Covered In This Episode How it's like to work in a group of traders 1:20 What is done at VFS Group 1:45 The type of tasks traders perform in institutions 2:05 What you need to do to trade professionally 3:00 Communication in a team of professional traders 4:56 How & why the traders transitioned to trading algos 9:50 The type of data traders look for to make decisions 12:30 Changes coming up in the managing money industry 15:35 How to communicate

Top 3 Trading Tips From Full-Time Trader – Show Notes In episode 186 of the Desire To Trade Podcast, I interview Karen Foo, a Forex trader, motivational speaker, and author. After ranking #1 in a Singapore nationwide Forex trading competition, she came on the podcast to share the lessons she learned prior to becoming a profitable Forex Trader. Watch the video interview here. Topics Covered In This Episode Karen's First tip for beginner traders, DONT RUSH (00:58) Karen's Second tip for beginners, stop looking for the holy grail (02:43) Karen's Last tip for beginners, be great at risk management (05:34) More About Karen Foo Karen is actively involved in speaking at various conferences, seminars, expos, workshops, toastmaster clubs and publicly-held events in Singapore and Malaysia. Having overcome numerous setbacks in her life, she has gone on to inspire thousands of youths working executives and leaders of various companies to REALIZE THEIR ABSOLUTE WILDEST DREAMS through her INTERACTIVE, INSPIRING AND ENGA

Ways Traders Screw Up - Sow Notes In episode 180 of the Desire To Trade Podcast, I sit down in-person for the first time with Mandi Pour Rafsendjani. She discusses 5 ways traders screw up in their trading. Those are trading mistakes you want to avoid at all costs...but Mandi is good to share action steps you can easily take for each of those ways traders we've seen screw up. Watch the video interview here. 7 Simple Ways: Stick To Your Trading Plan Topics Covered In This Episode Who is Mandi and what she does [00:54] The first way traders mess up, beating yourself up [01:57] The second way traders mess up, preparation [06:06] How Mandi prepares herself properly for trading [07:22] The third way traders mess up, putting yourself first [11:20] The fourth way trades mess up, apply what you learn [22:05] The fifth way traders mess up, filter what you take in [23:50] Resources Mentioned 7 Simple Ways: Stick To Your Trading Plan  DesireToTRADE Top Resources Desire To TRADE Forex Trader Community (free group!) Co

 The Best Trading Capital Funding Platform - Michael Berman – Show Notes In episode 184 of the Desire To Trade Podcast, I interview Michael Berman, co-founder of PsyQuation. He gives an overview of the PsyQuation platform and how you can combine it to an AxiTrader account to get trading capital (i.e. trade for others). Open an account with AxiTrader (30% trading credit promo w/ min $1k deposit) Watch the video interview Topics Covered In This Episode Who is Michael Berman and what he does [00:33] How was Michael's first experience with trading and how that evolved to Prop Trading [02:17] How PsyQuation came to be [05:51] What is PsyQuation and what is it about [07:49] How does PsyQuation work as an incubation platform for traders [10:20] How does a trader get a PsyQuation score [14:01] How does the PsyQuation score can help you become a funded trader [14:46] What are the new updates and plans for the future for PsyQuation and the amazing tools they are developing for traders [18:34] How you can find more abo

Successful Traders Understand Flow - Chris Weston – Show Notes In episode 183 of the Desire To Trade Podcast, I interview Chris Weston. He is a Forex trader & Head of Research at Pepperstone. I had the chance to speak with him on my recent trip to Australia at the Pepperstone offices in Melbourne. Chris has made several appearances on television discussing the markets and is a trusted source of market commentary. Watch the video interview Topics Covered In This Episode Who is Chris Weston, his path and what he does (00:42) How was Chris Weston's beginning as a trader (04:53) How can retail traders understand "flow" (07:49) How Chris Weston sees price action (10:45) "Get off your trade based on the candlesticks instead of your P/L" (16:56) The first thing Chris Weston looks at when entering a trade (18:26) What is Chris Westons's interest in macro (23:27) Why each trader should understand what works for you (39:17) What does Chris Weston routine and day look like? (42:58) And much more! Resources Mention

Forex Trading For Financial Freedom - Navin Prithyani – Show Notes In episode 182 of the Desire To Trade Podcast, I sit down with full-time trader Navin Prithyani from Urban Forex to talk about trading for financial freedom. 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. Navin prepared a special Strategy Video to go over his strategy, check it out here Topics Covered In This Episode Who is Navin Prithyani and what he does [01:35] What were Navin's "making it work" phases [05:41] How Navin Prithyani made the money mindset shift in his trading and life [07:56] The importance of perseverance in your trading [09:26] What are the aspects in which most traders

Build a Forex Trading System In episode 181 of the Desire To Trade Podcast, I interview Scott Phillips, a full-time Forex swing trader living in Bangkok. Watch the video interview here. Topics Covered In This Episode Who is Scott Phillips and how he got into trading [00:34] What Scott trades and how is his trading day [03:48] How Scott changed from a losing trader to becoming consistently profitable [7:00] What Scott considers the biggest predictor of future success [10:00] How does Scott keeps track of his trades and journaling [13:53] How has Scott refined and optimized his strategies by using his trading journal [16:53] How Scott keeps on top of his trading when he travels [19:00] What are the common things people do wrong when they try learning to trade [20:14] What Scott thinks of indicators [21:50] What is Scott's top recommendation for traders [23:08] Scott Phillips' goals for the future [24:49]  DesireToTRADE Top Resources Desire To TRADE Forex Trader Community (free group!) Complete Price Action S

Trading Psychology - Why it´s NOT Working for You In episode 180 of the Desire To Trade Podcast and live Q&A, I sit down once again with Mandi Pour Rafsendjani to discuss why trading psychology is not working for most traders! Watch the video interview here. Topics Covered In This Episode Who is Mandi and what she specializes in [00:36] Why traders "know" what they need to do but don't do it? [03:14] Why and how your surrounding environment affects your performance [09:11] How behavioral patterns and who listen to matter in our development [13:01] What "taking responsibility" means for a trader [17:13] How to reprogram our mind to think like top traders [25:22] How to identify the root cause of our issues [29:20] What is the first mental challenge for going to be employed to a full-time trader [32:11] How has Mandi changed in her trading from 2002 to today [37:10] How to deal with "overtrading" and losing trades[47:29] How should you go by on being able to reach your goals this year [57:48]   Resources

Plan Your Trading Success In 2019 In episode 179 of the Desire To Trade Podcast, I sit down with stocks & futures trader Jerremy Newsome from Real Life Trading to discuss how to plan for major trading success in this 2019. Watch the video interview here. LIVE TRADING ROOM FREE WEEK Topics Covered In This EpisodeWho is Jerremy Newsome, what he does and his trading journey  [01:44]What is the first step someone who does is struggling to make a plan [02:49] How Jerremy Newsome does his goal planning [05:52] Jerremy Newsome's recommended tool to get things done [07:17] Jerremy Newsome's recommendations on how a trader can achieve the goal of becoming a profitable trader by the end of 2019 [08:33] Is there a point in which a strategy can be further optimized? [13:48] How can someone who is starting out follow a proven path? [15:37] How to handle over fitting trading rules in changing markets? [20:32] How to create/save up your goal amount in 2019 [25:48] Is it possible for retail traders to make money tradin

The 3 Simple Steps To Trading - Show Notes   In this episode, I share with you the 3 simple steps to trading. We're getting real simple here so you can start to get results in the shortest period of time. Topics Covered In This Episode First Step - Plan [00:57] Second Step - Execution [03:53] Third Step - Review [06:39] Recap [09:29] And more! DesireToTRADE Top Resources Desire To TRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy (exclusive training program   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!

Start A Hedge Fund, Trade $10 Million! - Show Notes Felix Hartmann is a German-American Tech Entrepreneur, Futurist, and Trader. Hartmann serves as the Managing Partner of Hartmann Capital, navigating its flagship Hartmann Digital Assets Fund. Next to the hedge fund, Hartmann also founded Crypto Academy, one of the largest crypto trader and investor educational platforms and has since advised several blockchain projects. Hartmann is also a bestselling futuristic author and a leading voice on social media championing topics like blockchain, AI, and transhumanism. Watch the video interview! Topics Covered In This Episode Who Felix Hartmann is and what he does [0:32] How Felix Hartmann started in trading [2:21] The importance of practice in trading [3:47] Why Felix went into cryptos, his journey [5:01] How Felix decided to open a hedge fund and got $10 Million to trade with [9:45] Felix´s recommendations on starting a fund [13:29] Top mistakes that traders make [16:27] Felix's habits to stay at the top level o

In episode 176 of the Desire To Trade Podcast, I interview full-time trader Boris Schlossberg. We discuss his transition from manual to automated Forex trading and how Boris develops profitable trading strategies, as well as how to increase your chances of success in the Forex market. Watch the video here.   Topics Covered In This Episode Who Boris Schlossberg is and what he does [0:40] How Boris Schlossberg started in trading and learning its nuances [2:08] What Boris’ advice on high volatility and big moves is [11:03] How to prevent a “crash” [16:22] How Boris did the shift from manual trading to algos, and the strategies he used [22:45] What you have to do on a daily basis or the work involved as an algo trader [28:39] How long the front trading phase is and back testing [32:24] How to review your algos [34:03] Why Boris recommends learning the basics and then going to algos [36:05] What Boris’ goals for the future as a trader are [44:42] What Boris’ one piece of advice on how people can thrive as trader

Hey traders, I just wanted to wish you a happy new year. Let's make things happen together in 2019! If you got value out of the podcast, please share your favorite episode on social media and tag me in!! Access the Bollinger Bands Reversal Strategy course: https://www.desiretotrade.com/bbr-strategy-podcast Best regards, ~ Etienne Crete Connect with me: YouTube Facebook Instagram Desire To TRADE Academy

175: How to Quickly Improve Your Trading Skills - Jerremy Newsome In this podcast episode, I sit down with full-time trader Jerremy Newsome to discuss how to improve your trading skills and adapt to changing markets quickly. Visit Jerremy Newsome's website: https://reallifetrading.com/ SUBSCRIBE TODAY on Youtube: https://goo.gl/4DpLu6 Want to look cool? Check out the Desire To Trade Merch: http://bit.ly/2ySpeJ7

Live Forex Trading Q&A from Progreso!   In episode 174 of the Desire To Trade Podcast, we do a live Q&A from Progreso. We will cover the questions you have for me in this episode. Watch the video here.    Topics Covered In This Episode How it is possible to minimize drawdowns [1:00] What the best way to transfer funds from your bank account to your Forex account is [2:53] How you can trade algorithms even if you're not a programmer [4:46] Trading with price action, fundamentals and with systems [6:34] Becoming a pro without relying on price action [7:24] What the best strategies to start forex trading are [7:29] My advice for getting funding in trading [9:19] What your number one focus should be when starting in trading [10:48] If I’ll be doing something in the time zone of Australia [13:23] If you should have 20k minimum to start trading [14:03] Applying “simplicity is key” in trading [15:27] Trading with a big stack of money over time and using a “graduation plan” [18:26] Getting an accountant for

Full-Time Quantitative Trader Shares His Secrets In episode 173 of the Desire To Trade Podcast, I interview quantitative trader Troy Bombardia from Sydney, Australia. In this podcast, we talk about trading systems and thinking with the “systems mentality”. Watch the video here.    Topics Covered In This Episode Who Troy Bombardia is and his background [0:59] How Troy came up with the idea to build systems [6:35] How to develop a system [8:28] How to make sure not to overoptimize the parameters in your trading model or system [9:53] What the fundamentals for Forex are [13:20] Where people should begin in building a system and the pitfalls that they could get into [19:11] Using Excel and why it’s good enough as a start [22:01] How to make your “moving average” better [25:19] What you need to do to become more confident in your system [27:44] His opinion on developing a system for Bitcoin [31:32] How good traders are able to read data on any chart at any given time [34:34] How Troy decides which indicators to

Full-Time Day Trader Secrets and Tricks In episode 172 of the Desire To Trade Podcast, I am sitting down with pro trader Chris Capre and Ken, an expert in neuroscience to discuss some neuroscience trading secrets. In this podcast, we talk about some mind-blowing things about neuroscience and hedge funds, trading for other people, and what the different solutions are for that. Watch the video here.    Topics Covered In This Episode Who Chris Capre, what he does, and where he is from [0:44] Why you cannot focus only on strategies, and why you need more in order to succeed [8:26] What Chris did before trading for other people [14:36] Learning things with the right traders and taking the right courses [16:57] How to deal with long periods of no trading [22:30] What the steps in changing strategies in different markets are [29:08] Who Ken is and his background in trading [32:24] Using the Neuro Trader program and how it affects success rate [38:58] Why it’s good to have a coach and not get rid of him/her [43:04]