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

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

Managing MILLIONS - How This Trader Trades Professionally in Florida In this episode 210 of the Desire To Trade Podcast, I interview Michael Toma, a full-time option & futures trader whom I work with inside the Desire To Trade Academy. Michael recently got a deal to trade millions from investors in China. He shares how that has worked for him, as well as how he's managing that kind of money! Are you ready for it? Watch the video interview!   Topics Covered In This Episode Who is Michael Toma and what he does 00:47 How to get investors capital 04:57 A tour of Michael's trading setup 07:52 Sponsor: Soft4FX (manual backtesting software for MT4) 09:39 Biggest challenges of managing capital 10:46 How to simplify communication with investors 13:48 How to decide your compensation as a manager 14:47 How much time you need to manage clients money 15:45 Michael's goal with his education and money management business16:58 The mindset shift required to manage money 19:30 and much more Resources Mentioned SPONSOR:

Daily Chart Trading Success Stories In episode 209 of the Desire To Trade Podcast, we're listening to the stories of Daily chart Traders! This short episode is a compilation of advice from traders I’ve interviewed on the Desire To Trade Podcast over the past 2+ years. Use this as motivation to reach your Forex trading goals or as Forex trader advice to listen to on-the-go. In this Forex Trader Motivation video, you'll be hearing the stories of how successful daily chart traders got to where they are now and how hard they work to stay on top. Subscribe on Youtube! Watch the motivational video! Interviews Used For This Episode 0:11 Rob Colville: Successfully Swing Trading Forex Like The Lazy Trader 3:08 Andrew Mitchem: Freedom Lifestyle Forex Trading Across Multiple Time-Frames 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) Wh

 Full-Time Forex Trader Q&A In episode 208 of the Desire To Trade Podcast, I am joined by Alejandro from the DesireToTRADE Team to answer your questions about trading. Are you ready for it? Watch the video interview! In This Episode, You'll Learn... What does a perfect trade mean and should you trade only "perfect" setups? 01:33 Is your trading system irrelevant? and can good money management make any system profitable? 03:52 Do we trade systematic or discretionary systems? 09:03 Should you trade and master 1 instrument or trade a group of instruments? 11:48 Should one start live trading with day trading or swing trading? 15:13 How to deal with "large bank manipulation"? 20:27 How much capital do you need to trade for a living? 27:51 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 Soft4FX (manual backtesting software for MT4) TickDataSuite (high-quality data for algo backtest on MT

5 Reasons Why Your Trading Strategy Isn’t Making You A Living Yet!! In episode 207 of the Desire To Trade Podcast, I am joined by Alejandro from the DesireToTRADE Team to talk about the 5 reasons why your trading strategy isn't making you living yet. Are you ready for it? Watch the video interview! In This Episode, You'll Learn... 1st reason: untested plan 01:16 What is the process traders should use for backtesting their strategies 03:05 2nd reason: not using high-quality data 05:32 Recap 07:03 3rd reason: making a lot of mistakes in live trading 07:27 4th reason: not understand the risk profile of your strategies 09:03 5th reason: trading a system not suited to your personality and life 13:16 Open Q&A 19:16 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 Soft4FX (manual backtesting software for MT4) TickDataSuite (high-quality data for algo backtest on MT4) Edgework (Trading Jour

Full-Time Forex Trader Discussion (Lifestyle, Money, Millionaire Habits, etc.) In episode 206 of the Desire To Trade Podcast, I get interviewed by TraderNick and share my best tips on lifestyle, traveling and trading, and more! Are you ready for it? Watch the video interview! In This Episode, You'll Learn... What are the places that Etienne goes back a lot 01:31 How Etienne manages trading and traveling 02:04 Which have been Etienne's most memorable moment from meeting traders all around the world 03:54 How long has Etienne been trading 06:18 How to go about finding people to invest in you as a trader 07:45 What are the common traits Etienne finds in consistently profitable traders 09:30 What are the trading styles that have resonated most with Etienne 12:30 What is holding you from making money consistently in the markets 16:05 Is trading a science or an art? 19:34 What is Etienne's trading routine 26:08 The reality of a consistently profitable mindset 30:30 Focus on your own first, the money comes later 3

Making A Profit in Gaps & Futures Trading In episode 205 of the Desire To Trade Podcast, I interview Latoya Smith-Dean. She is a full-time futures, stocks, and Forex trader based in Boston, United States. Latoya has been trading for over 10 years. She started trading part-time while having a full-time job in finance. After that, she quit her job to trade full time.  Are you ready for it?  "Rules within a plan should be developed based of your habits and past experience" 29:32 Watch the video interview! In This Episode, You'll Learn... How did Latoya Smith-Dean get involved into trading and her story to full-time trading 02:23 What was Latoya's learning curve from going part-time to fill time trading 11:22 Letoya's current trading style 16:28 How Latoya trades FOREX and futures differently than stocks 19:25 How Latoya found her mentors 19:59 How new traders should go about finding and sticking to a mentor 22:21 The most common mistake new traders make 24:14 Some of the "simple" things that Latoya was m

Technical Trader Who Started A Massive Prop Firm In episode 204 of the Desire To Trade Podcast, I interview trader & prop firm founder Richard Jackson. Are you ready for it?   Watch the video interview! In This Episode, You'll Learn... Trade what you see, not what you think 00:44 How did Richard start to trade 01:25 How tough was Richard's learning curve 03:13 Why youtube, articles and books didn't work for Richard 04:51 How important are losses for a developing trader 07:16 How Richard makes sure he doesn't take trades he shouldn't take 09:04 How to understand what other traders see in the markets 10:44 What is Richar's trading style 11:52 What Richard looks in the market for a trade (step by step process) 13:10 How Richard uses indicators and technical tools for trading 16:22 How should new traders go about learning to trade 18:20 Richard's 2 businesses (prop firm and money management) 19:28 How to find a good trader 21:53 Why traders give up 22:57 Why Richard never gave up 24:03 Richard's top advice

Using Trading Systems To Make A Living In episode 203 of the Desire To Trade Podcast, I speak with Scott Welsh, a systems trader. We discuss his story as a Forex trader as well as how he was able to develop simple systems to make a living in the market. Are you ready for it?   Watch the video interview! In This Episode, You'll Learn... Who is Scott Welsh and what he does? 02:16 How Scott started trading 03:23 How was the Scott's transition from Stocks to Forex 05:38 Scott's main mistake when learning to trade 07:04 Biggeset turning point in Scott's trading career 08:31 How Scott handles long periods of profits or losses 12:08 Why Scott loves to trade with algos 13:13 How does Scott gets his systems programed? 15:45 What is Scott's trading style 16:53 What are the type of things that Scott's strategies look for 19:44 How does Scott monitor and review his algo strategies 22:08 Scott's advice for traders going into Algo trading 23:56 How Scott goes from testing to trading his Algos 25:58 What type of equipment

From Electrical Degree To Trading While Traveling In episode 202 of the Desire To Trade Podcast, I sit down with Austin Semeniuk, a Forex trader whom I met in Da Nang, Vietnam. He is currently traveling while making an income from his trading. Are you ready for it?   Watch the video interview! In This Episode, You'll Learn... Who is Austin Semeniuk and how he got into trading 00:28 How Austin went from newbie to profitable 01: 38 Austin's opinion on free forums and chat rooms 03:06 What are the steps that Austin took to develop as a trader 06:12 You need patience to develop your strategy 07:29 How does Austin trading style looks like now 09:29 The value of a mentor in your trading career 11:07 How was Austin's transition from learning to trading full-time 12:54 How to become a top performer 15:20 The importance of keeping a journal 17:10 The challenges of going from a full-time trader to traveling trader 17:53 How to find Austin 21:15 How Austin got capital to trade for a living 23:06 Austin's risk manageme

Daily Chart Trader Strategies and Indicators Deep Dive In episode 201 of the Desire To Trade Podcast, I am sitting down for an in-person currency trader interview with Jim Brown in Da Nang, Vietnam. Living in Da Nang, Vietnam for over 2 years now, Jim has developed a methodology using technical indicators to trade roughly 60 currency pairs on a fairly high timeframe - the daily chart. This trading methodology allows him to reduce his screen time to less than an hour a day, and thus enjoy the beautiful beaches Vietnam has to offer. Watch the video interview! Topics Covered In This Episode Who is Jim Brown and what he does 01:24 What has been Jim's trading progression 01:50 What is Jim's thought process of adding or testing new indicators 3:44 [Start showing the charts] 05:50 Jim's trading charts setup explanation 06:14 How Jim hedges his trades to manage risk 11:44 How long does Jim take to check his 26 pairs for trading 28:22 How can you get the indicators that Jim uses to trade? 30:59 And much more… Resou

Swing Trader Success Story (Becoming A Prop Firm Trader) In episode 200 of the Desire To Trade Podcast, I interview prop firm trader John Jost, whom I invited to share his swing trader success story. Are you ready for it? John is a successful swing trader & chiropractor based in Denver, Colorado. He has now earned a funded account with The5%ers prop trading firm. His style of trading reflects around price action, major support & resistance zones, longer time frames, good risk management, and minimal to no indicators. What's was particularly interesting for me is the fact that John has gone through the Desire To Trade Academy. He says it taught him things that he hadn't learned before. Another course John took is the one from Rob Colville (The Lazy Trader). So without further ado, let's welcome him on the Desire To Trade Podcast! Watch the video interview! In This Episode, You'll Learn... John's trading story 1:38 The kind of "chart time" that makes a trader successful 6:00 The MAJOR shift from indic

Becoming A Profitable Trader by Working on Yourself! In episode 199 of the Desire To Trade Podcast, I interview full-time trader Chris Tate based in Melbourne, Australia. Chris is one of the first people to ever release a share trading book in Australia and has had an extraordinary impact on thousands of traders. Best selling author of The Art of Tradingí and The Art of Options Trading in Australia, his brutally honest approach and meticulous pursuit of excellence, ensure that exceptional traders all around the world quote his market comments. He has seen all types of markets, traded practically every instrument available, and shown others how to profit from every market condition. Chris is in constant demand for his keynote speaking skills due to the outrageous success of his presentations for every major share trading exchange in Australia. So without further ado, let's welcome him on the Desire To Trade Podcast! Watch the video interview! In This Episode, You'll Learn... Why working on yourself will impr