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

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]

How Traders TRADE to STAY Successful (Over the Long-Run) In episode 171 of the Desire To Trade Podcast and live Q&A, I sit down once again with Mandi Pour Rafsendjani to discuss how traders trade to stay successful over the long run! Trading with your emotions can be difficult at first, but by applying the tips in this video, you'll make the process much easier. You'll find out the techniques used by very successful traders on how to deal with trading emotions. Watch the video interview here!   Topics Covered In This Episode What’s happening in Mandi Pour Rafsendjani’s life right now and her conference discussing trading mindset and psychology [1:26] Why some traders trade and cannot continue long-term [8:27] What things traders need to do in order to succeed [12:48] What it’s like getting a trading coach [15:16] What Mandi’s 4-part framework in trading is to help you succeed (mindset, structure, implementation, feedback) [18:55] Not seeing the gaps in trading plans that you've created [27:47] How to sta

Full-Time Day Trader Secrets and Tricks In episode 170 of the Desire To Trade Podcast, I bring another past guest of the podcast who has impacted me that made a big difference in my trading, and this time I have a chat once again with full-time trader Andrew Aziz. Andrew is a day trader based in Vancouver, Canada. He’s been trading full-time since a couple of years now. He knows what it takes to perform at your best and to keep improving yourself on a daily basis. Watch the video here.    Topics Covered In This Episode Who Andrew Aziz is and his background [1:30] What people should do if they want to become profitable traders [3:24] Why waking up early to trade is not that bad [4:54] How Andrew found his purpose in trading [6:04] What the next steps Andrew did were after having the feeling of having to make it work [7:58] Having coaches/mentors to become a good trader [9:34] Getting support from family and friends [11:25] How Andrew tried swing trading and found out it wasn’t for him [13:47] Selecting the c

How To: Exponentially GROW Your Trading Business! (More Freedom) In this episode 169 of the Desire to Trade Podcast, we are having a live Q&A and I am having the chance to sit down again with full-time professional trader Michael Toma. Michael has inspired me and helped me a lot in the past in trading. He had been in the podcast a few weeks ago and many times before, and every time I speak with him I learn something new which I want to share with you. After these previous episodes with Michael, it was time to answer your questions so we went on YouTube Live asking for your questions, what you want to learn more precisely about risk management. We’ll answer those in this interview today. We discuss how to grow your trading business and answer your questions! Watch the video here.    Topics Covered In This Episode What Michael Toma does, who he is and a bit of background [1:48] How he was trading for other people and how it turned out for him [2:55] How to scale and build your trading account; the curve t

From College To Successful Forex Trading In episode 168 of the Desire To Trade Podcast, I bring back Jason Sen from Day Trade Ideas. We discuss how Jason went from College to working for banks and then into full-time Forex trading. Throughout that process, Jason worked in institutions and set up a highly-recognized technical analysis business among big institutions. In this interview, we discuss Jason's Forex trader story and more! Watch the video interview here.   Topics Covered In This Episode How Jason Sen transitioned from college to full-time Forex Trading [0:59] What made Jason Sen decide to do trading [3:41] How Jason Sen did trading and creating reports and at the same time make money from it [5:03] Why Jason Sen thinks any trader with experience who has a track record of making good calls could do his trading style [6:32] The achievement of a certain level of income or a threshold that Jason thinks is good to teach people or sell something [7:26] Why figuring out doing what you love and doing it is

How To Deal With Trading Emotions In episode 167 of the Desire To Trade Podcast, I sit down with full-time day trader and trading psychology coach Mandi Pour Rafsendjani in Melbourne to discuss how to trade successfully with your emotions. Trading with your emotions can be difficult at first, but by applying the tips in this video, you'll make the process much easier. You'll find out the techniques used by very successful traders on how to deal with trading emotions. Watch the video interview here!   Topics Covered In This Episode How Mandi responds to people that trade with their emotions and why it’s important [1:47] How people all go through the same feeling of everything is going against them in the beginning [6:57] How a mentor can help you [7:39] Why having support makes life easier [8:26] Why not to go alone in trading [9:54] Why you need to look at emotions [12:41] How trading and emotions comes down to overleverage [15:07] Several things that can cause you to overtrade [17:50] Why people can overtr

  "I Need Confidence To Trade" Is A Myth? In episode 166 of the Desire To Trade Podcast, I am sitting down with Alejandro, a student from the Desire To Trade Academy to discuss confidence in Forex trading. Watch the video interview here.    Topics Covered In This Episode How you can have confidence when you trade [1:19] Being curious and having an adaptive mindset [6:10] The question of making money or not in trading, and shifting your mindset to be profitable [7:42] Thinking about the overall picture and the process [10:50] Focusing on the goals rather than profit [14:47] Having to know the numbers [18:32] Putting taking profits too high and stop-losses too low/tight [19:45] Creating a journal [22:17] Why you cannot trust on your memories [22:33] Your personality and ego and how it relates to your mindset [24:54] Having motivation in trading and doing it for freedom [28:48] Thinking of trading strategies as different employees [32:21] Why there is always an adaptation part [34:32] Starting to implement the

  Full-Time Trader Making A Blast In Cryptocurrency Trading In episode 165 of the Desire To Trade Podcast, I interview full-time trader Houston Truong. He is one of the people that I relate to in trading, who does what I do, is more advanced than I am, and I want to learn from him quite a lot. Houston also started The Montreal Traders Meetup. For the past few months, he has been pushing me to trade cryptos. He started this almost a year ago and had some success with it. Now, this is something he does on a daily basis and something he enjoys. So I wanted to get his perspective on how to do cryptocurrency trading; how to start, what to look for, and how to go beyond the noise in crypto to be able to succeed in the field, and more. Watch the video interview here.   Topics Covered In This Episode Who Houston Truong is and what he does [3:14] Why Houston Truong wanted to go into cryptocurrency trading [4:10] How the progression was into cryptocurrency trading [5:51] What Houston Truong’s process is when he tries

"Move your stop further away!" In episode 164 of the Desire to Trade Podcast, I am sitting down with trader Michael Toma to discuss the topic of risk management. A very big topic that a trader has to understand is that of risk management, and for the longest time, I didn’t know too much about risk management, what it’s about. I thought it was only about risking money on a trade to be able to trade for the long-term—but there’s a lot more to it. Michael is the one who has probably studied this topic the most. Traders like him kind of have a way of doing things that are special and so I wanted to bring him back. Michael has been in episode 40 of the podcast as well as a few episodes after that. In this podcast, we went even more broad in that episode to talk about not only risk management but also trading strategies, how he trades, what things he looks for and how he has been able to get a lot of money trading for other people.   Topics Covered In This Episode Who Michael Toma is and what he does [2:11] Combi

Creating The Right Mindset For Trading In episode 163 of the Desire To Trade Podcast, I am bringing back full-time day trader and trading psychology coach Mandi Pour Rafsendjani to discuss how, as a trader, you can create the right mindset for your daily activities—how you get from whatever stage you’re at when you wake up or when you “start” to trade to “being ready” to trade.  Watch the video interview here!   Topics Covered In This Episode Who Mandi Pour Rafsendjani is and what she exactly does [0:53] How to get the right mindset to trade and how you should go about it [2:40] There is no “magic pill” in trading [5:11] How hanging on to a losing trade is not good for traders [7:45] Having a support team and the right people around you [10:22] How important making a plan is [12:25] When and what is the best way to consult a coach [20:29] How to prepare yourself in the context of your whole life [22:28] Mastering the Wheel of Life [27:06] How to put things in place to get it right from the start especially

High-Performance Trading & Making It Full-Time In episode 162 of the Desire To Trade Podcast, I talk with best-selling author, and trading mentor Louise Bedford about high-performance trading & trading full-time. After a long waiting time to interview her, she finally was able to come on the podcast. I really love the topic we discuss in this interview; things like candlestick, high-performance trading, how to go from part-time to full-time, and how she lived that herself. Listen to her story as it’s quite interesting and she went through a lot of ups and downs which you’ll hear about more in this episode. Watch the video interview here.  Topics Covered In This Episode Who Louise Bedford is and what she does [1:06] The reason for why bad trades happen according to Louise Bedford [7:02] The mindset shifts and habits Louise Bedford had to implement [8:16] How “clarity” is so important [10:10] What Louise Bedford had to learn about candlesticks [15:21] What should new traders look at in candlestick cha

What You Can Learn From Millionaire Traders In episode 161 of the Desire To Trade Podcast, I am bringing back full-time day trader and psychology coach Mandi Pour Rafsendjani to discuss what we can learn from millionaire traders. Having worked with a very large number of successful traders, Mandi has seen directly the kind of mindset, attitude, etc. high-performing traders have.   Watch the video interview here!   Topics Covered In This Episode Who Mandi Pour Rafsendjani is and what she exactly does [0:17] What the millionaire traders (that Mandi look up to) do differently [4:24] The two types of people when it comes to their thinking and feelings [5:34] How to look at the bigger picture and the statistics [8:33] Reflecting back on past trades, creating a checklist, going back and reviewing to compare benchmarks [10:29] Trading by yourself and starting out with a strategy [13:30] What it takes to “shift out” to do what needs to be done [16:01] The self-trust and certainty that most people want to have [18:3

3 Untold Truths To Go From Breakeven To Profitable Trading In episode 160 of the Desire To Trade Podcast, I share about how to go from breakeven trading (trading a lot and you end up at the end of the month or the year breaking even), which is a very good problem to have. I talk about how to do this and then move forward to becoming profitable. I will share the three things that really transformed my trading and profitability with that.   Topics Covered In This Episode Going back and reviewing all your trades; removing bad trades [0:44] Trying to filter your strategy in order to cut losses and adding confluence [2:20] Doing monthly checkups to see how consistent you are and asking yourself questions  [4:21] Rating your trading on a scale of 1 to 10 and bringing that score a point above [7:46]   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 tr

What It Takes To Be Successful In Trading   In episode 159 of the Desire To Trade Podcast, I am joined by Barry Burns, trader and owner of Top Dog Trading. Barry has been in a prior episode of the podcast (episode 116) a few months ago where he shared some anecdotes and he’s back today to discuss how he's been able to progress to become successful in trading. Watch the video interview here.    Topics Covered In This Episode Who Barry Burns is and what he does [0:40] How Barry Burns feels after many years of trading [3:49] The reason why Barry Burns keeps back testing strategies and testing things [10:17] Barry Burns’ favorite period of time, anecdote or story in his 50 years of trading [12:01] Trading to make a living with what Barry Burns know now and being passionate about it [16:29] The common things that people hear that are wrong or should not be applied in the market to become successful in trading [20:18] What technical analysis includes; reading chart patterns and indicators to become successful in

How To Make A Living Trading Other People's Money In episode 158 of the Desire To Trade Podcast, I sit down with stocks & futures trader Jerremy Newsome from Real Life Trading to discuss how to make a living trading other people's money (also called OPM). This episode is another collaboration with Jerremy and I really love his insights and the things that he thinks about that I wanted to bring this on the podcast once again. You guys have been hearing Jerremy for a few times in the past month. In this podcast, we talk about mostly how to trade for OPM (or other people’s money). There are a couple of important things that I didn’t even know myself but that I learned by speaking with Jerremy. Even if you do not trade for other people, you will still learn a lot from this interview. We talk about how to pay your taxes as a trader and a lot, lot more. Watch the video interview here.   Topics Covered In This Episode Why it makes sense to trade with other people’s money [1:43] What people should expect when t

Every Trader Has An Unfair Advantage! In episode 157 of the Desire To Trade Podcast, I interview Tim Racette, a successful day and swing trader behind the blog EminiMind. Tim is also on a different podcast which I used to listen to before starting my podcast. He shares his story as a successful trader and highlights several important lessons about success in the field of full-time trading. We talk about goals, challenges, going to full-time trading when you have a full-time job, how to combine the two and a lot, lot, lot more. Watch the video interview here.    Topics Covered In This Episode What Tim Racette does, who he is, and a bit of background about him [1:44] Why and how Tim Racette started trading [2:18] Tim Racette’s mentors [4:46] Strategies that Tim Racette used in the trading pits [6:06] How Tim Racette evolved to trading on his own even with an unfair advantage [7:53] Tim Racette’s trading style and being comfortable with the idea of being different [10:13] Things Tim Racette had to do to go ful

  Develop A Profitable Forex Trading System In episode 156 of the Desire To Trade Podcast, I interview Casey Stubbs, a Forex day trader and the man behind Trading Strategy Guides. Casey has been featured earlier in episode 035 of the podcast. You can watch it here.  Casey has been putting massive work into delivery systems and making his trading really systematized. He’s kind of a success story in that field. In this podcast, Casey talks about how he’s been able to use the systems and indicators to use for his trading while building different businesses and while working on different things. While I was getting a lot of value out that chat, I wanted to publish this so you guys do the same and hopefully you’ll hear some advice on how to create strategies that are systematized, how to back this, how to combine business and life in trading, and all these different things. You can watch the video interview of this episode here.   Topics Covered In This Episode Who Casey is and what he has been doing this past m

Master Supply & Demand In Forex Trading In episode 155 of the Desire To Trade Podcast, I interview Paul Scott, an ex-institutional banker who primarily focuses on supply and demand Forex trading. After working as a trader in different exchange and having a thriving career in the trading industry, he made it his goal to teach other people how to use fundamentals. In this podcast, he shares what a bank trader looks for and why relying solely on indicators is the wrong way to go about success in trading.   Topics Covered In This Episode How Paul started to trade [1:44] Looking charts back then and how it was very much price-driven [5:45] Paul’s learning curve and level of success after the first 3 months learning about trading [12:12] How to respond when markets are behaving differently [15:44] How people trade differently on different markets [18:09] Banks putting all things in place to help you make money [23:17] How Paul would recommend to people to start with supply and demand [28:26] Paul’s advice for

  Successful Trading Mindset Challenges (scale to $10,000/month) In episode 154 of the Desire To Trade Podcast, I am bringing back full-time day trader and psychology coach Mandi Pour Rafsendjani. We talk about 5 mindset challenges that people face when they want to scale their trading to $10,000 a month. This is a big number and it’s a goal that a lot of people want to achieve. I have seen these mindset challenges for myself that I had to push them away over time. They didn’t change in a day, they didn’t change in a week, but I had to work on those. If you aspire to get to the $10,000 mark per month, this is exactly what you have to work on. I encourage you to listen to this carefully and make some notes on what you have to work on, then listen back in, let’s say, three months from now (90 days). Ask yourself what have you done, what have you improved on, and what can you work on. That will be amazing and that will be a great way to get value from this. Watch the video interview here!   Topics Covered In Th