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

Trading Success Tactics From An Investment Manager In episode 137 of the Desire To Trade Podcast, I interview investment manager James Whelan. He shares some very important trading success tactics few people ever talk about. What's great about the tactics pointed out by James is that you'll be able to apply them whether you're a retail trader or a professional one. James currently works for VFS Group, who provides holistic and targeted professional investment advice to Private Clients. He shared some of what his role as an investment manager involves in addition to trading. One thing that is to take-away: relationships are big in the trading industry and can easily make the difference. Topics Covered In This Episode James Whelan introduces himself 2:00 How James first got involved in trading 4:00 How James Whelan started to practice trading for success 5:30 What profitable traders should do and focus on 7:45 The difference between trading for yourself and for an institution 10:18 How big institutions protec

Master Forex Trading: Learn How To Manage Your Time In episode 136 of the Desire To Trade Podcast, I discuss with Mandi Pour Rasfendjani an uncommon technique to master Forex trading. I've got to discover over the years that the best way to master anything is to learn how to master your time. That's what we're talking about in this episode. I get a lot of people reaching out saying they're "too busy". The truth is, we all have the same 24 hours. You've got the same number of seconds each day as Oprah Winfrey, Steve Jobs, Bill Gates, etc. No more no less. What you do with your time ultimately determines who you are... That's why we're diving in the topic this week! Resources Mentioned FREE: Forex Trader's Time Blocking Guide 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 list

From A Lucrative Job To Professional Trader And Fund Manager In episode 135 of the Desire To Trade Podcast, I sit down in Hong Kong with professional trader, fund manager, author, and educator Ray Barros. 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

Currency Trader Interview (Living In Paradise) In episode 134 of the Desire To Trade Podcast, I am sitting down for an in-person currency trader interview with daily chart trader Jim Brown. 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. This currency trader interview covers topics such as how to maximize your lifestyle as a trader, tips for trading the daily charts, how to trade multiple currency pairs, and more! Watch the video interview! Topics Covered In This Episode What Jim Brown is up to 2:30 A day in the life of a daily chart Forex trader 3:50 How Jim is able to follow 60 currency pairs 6:30 How Jim decides what currency pairs to follow 7:55 The process of creating custom indicators 12:40 How Jim Brown tested his

Algorithmic Trading Strategies (Moving To Automation) In episode 133 of the Desire To Trade Podcast, I interview Matt DeLong, an algorithmic trader & business owner to discuss the process of moving to automation. Over time, Matt went from being a manual day trader to making returns in the market through the use of algorithmic trading strategies. While I find interest in the topic of algorithmic trading, I find a lot of value in speaking with people who are in-the-action and executing on their ideas. That's primarily why I wanted to bring Matt on the show! Watch the video interview! Topics Covered In This Episode How Matt was trading prior to building algorithmic trading strategies 2:38 When Matt decided to go from manual to automated trading 6:00 The steps before starting to trade live with algorithms 8:02 How to avoid curve-fitting the strategy to past data 11:40 What to look for in a trading strategy programmer 13:27 How to use risk in your favor 16:53 The plan with Matt's hedge fund business 20:40 H

Trading Price Action With Support And Resistance – Show Notes In episode 132 of the Desire To Trade Podcast, I interview Nick Bencino, Forex trader & founder of the Forex trading blog Forex4Noobs. We discuss how to trade price action with support and resistance areas as well as a couple of other very applicable topics! The reason why I decided to bring Nick on the show is that he was one of the people who directed me toward price action in the early years of my Forex trading journey. Nick has a very down-to-earth approach and a similar trading style to mine. Most traders can definitely learn something useful from his trading method.  Watch the video interview! Topics Covered In This Episode Why Nick Bencino trades higher timeframes 4:20 How Nick Bencino started to trade at 15 years old 6:02 The process Nick went through to learn about price action 18:18 What Nick Bencino considers as price action 12:45 The timeframes Nick likes to trade 15:30 A controversial opinion on candle close 18:38 Where new trad

How To Make A Living With Forex Trading – Show Notes In episode 131 of the Desire To Trade Podcast, I bring back London session Forex day trader Jason Graystone to discuss how to make a living with Forex trading. During his previous interview on the podcast, Jason mentioned the idea of "selling out" as a major reason for his success in trading.  In this interview, we go a little more in-depth concerning what Jason had to do in order to make a living with Forex trading.   Watch the video interview!   More About Jason Graystone Previous interview with Jason Graystone (#016) Topics Covered In This Episode How Jason Graystone achieved his goals by "selling out" 5:05 A powerful shift of mindset 7:25 How & why to trade the London session 8:52 The timeframes Jason uses for day & swing trading 11:30 What Jason does when he misses a trade 13:08 How long it took Jason to become a profitable trader 15:28 What would Jason do differently in his trading journey 17:34 How to deal with stress & stay calm when g

Price Action Trading Setups That Work – Show Notes In episode 130 of the Desire To Trade Podcast, I bring back Forex price action trader Paul Langham. Paul spent a great amount of time trying to understand how banks were involved in the Forex market. That involved looking at price action. This work allowed Paul to work for major European and UK banks. He got introduced to the market after developing an interest in horse racing bets. That, although trading is fairly different in various ways, helped Paul develop a sense of probabilities that served him in his trading career. Watch the video interview!   More About Paul Langham Previous interview with Paul Langham (#080) "Nobody can predict the market." - Paul Langham Topics Covered In This Episode A bit of background on Paul Langham 3:35 What trading looks like in a bank 9:35 Should you consider the news when trading? 14:00 Strategies for higher & lower timeframes 16:30 Some of Paul's long-term trades & how he takes them 18:45 A technique that helped

Can You Make Easy Money Trading Forex? – Show Notes In episode 129 of the Desire To Trade Podcast, I am sitting down with psychology coach Mandi Pour Rafsendjani to re-calibrate expectations & tackle the issue of making easy money trading Forex. Is that even possible? Well, there are things that must be said... I've got to understand that it is much more rewarding to develop the right habits from the start, as opposed to being focused on making easy money trading Forex at first. A big shift for me happened when I started to accept having an average trading strategy instead of researching for the perfect one. Truth is: it'll probably be impossible to find a perfect strategy. An average one (as long as it's strong) will probably get you ahead more than you expected it. DesireToTRADE Top Resources Desire To TRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) Desire To TRADE Academy (premium training & mastermind)

This Is How You Become A Successful Trader – Show Notes In episode 128 of the Desire To Trade Podcast, I interview Tom Constable & Brandon Turner from Two Blokes Trading. This is a special "double" episode in which we dive in both of my guests' stories.   Check out my interview on Two Blokes Trading (podcast)!   Tom started to interview traders in order to understand how he could become successful himself. He is in progression to become a profitable technical Forex trader.   For his part, Brandon, who now trades full-time, has over 10 years of experience in different roles within the trading industry. He is mainly a fundamental trader.   The cool part of this interview is you'll get to see what both Brandon & Tom did before reaching the point they are at today. Aside from being complete jokers (the funniest I've seen), they can be great inspirations... More About Tom Constable He is an ex-Army Officer, Ron Zacapa rum enthusiast, technical algo trader, cryptocurrency noob, recovering system chaser. Mo

How To Become Your Own Forex Trading Hero – Show Notes In episode 127 of the Desire To Trade Podcast, I am sitting down with psychology coach Mandi Pour Rafsendjani to discuss how you can create your own Forex trading hero journey. It starts right now! While we like to see movies in which the main character goes through a crisis, it's much harder to accept going through that journey in real life.  Fortunately for us, Mandi shared a typical trading hero journey that you can apply in Forex trading. You'll probably be able to spot where you are in this journey. And knowing this will allow you to move to the next step, where you're likely to see some breakthroughs. Topics Covered In This Episode How the hero journey appears in trading (step-by-step) 7:00 How to use “games” to push yourself to act right in trading 11:00 The difference between successful & unsuccessful people 11:20 Why affirmations alone don’t work & what to do instead 15:20 The feeling of success in trading & what it’s like 17:15 How

How To Make 2018 An Epic Year Trading Forex – Show Notes In episode 126 of the Desire To Trade Podcast, I am sitting down with psychology coach Mandi Pour Rafsendjani to tackle the process of making 2018 an epic Forex trading year. I hope you enjoy! Mandi has helped me organize a training that is part of the Desire To TRADE Academy. This 12-week training is titled the Forex Trading Psychology Mastery. Use promo code "Mandi" when signing up for the Academy Elite Membership to get $200 off! Valid until January 12th, 2018. Topics Covered In This Episode How to re-evaluate your 2017 trading & a common bias 3:15 How to make money trading & not give it back 8:30 Why staying in isolation is bad for your long-term success 11:00 Why taking care of your health will help you trade better 20:00 A cool new feature coming up in the Desire To TRADE Academy 22:25 How Mandi uses simple rules to stay on top of life 23:30 How to deal with traders who distract you from your strategy 27:40 Awesome advice from Mandi on h

Walter Peters on Naked Forex & Swing Trading – Show Notes In episode 125 of the Desire To Trade Podcast, I interview a guest I had been waiting a long time to talk to... Walter Peters is a full-time Forex trader, author, podcast host, and more. He has inspired & helped me through his book Naked Forex: High Probability Techniques For Trading Without Indicators, which I read some time ago. What's great about Walter is that he isn't the type of trader who wants to trade all day. He developed a high time-frame style of trading that gives him more freedom. He can then go surf and enjoy life! Over the past few years, Walter's focus has shifted from trading systems (liked the ones shared in his book) to trading psychology & money management, which we touch on during the interview. Watch the video interview: Topics Covered In This Episode How Walter started to trade after getting his dream job 3:38 What Walter had to do to become a profitable trader 7:57 Walter Peters’ advice on those wanting to leave

Advanced Patterns, Forex Price Action & More! – Show Notes In episode 124 of the Desire To Trade Podcast, I re-interview full-time Forex trader Akil Stokes. We discuss your top questions on advanced patterns, trading price action, as well as how to go from struggling to highly successful as a Forex trader. Watch the video interview "The more organized you are, the less opportunities you're gonna to miss." - Akil Stokes Topics Covered In This Episode Akil Stokes introduces himself 2:00 Akil's trading style and the transition he went through 3:14 What are advanced patterns and how to use them 4:22 The top advanced patterns traders should focus on 6:40 Why Akil Stokes transitioned from trading patterns to trading price action 8:41 How did Akil come up with his price action strategies 12:05 How to create strategies that work on multiple pairs 14:38 How to get organized and keep track of your trading strategies 17:00 How to deal with the noise in the Forex market 18:50 How to create a highly specific trading

How To Make A Living Trading Forex Using Your Psychology – Show Notes In episode 123 of the Desire To Trade Podcast, I am going to share with you the knowledge how to become more successful. This is the small part trading psychology mastering program. I hope you enjoy! Topics Covered In This Episode Psychology coaching session with Mandi Pour Rafsendjani, a trading psychology expert 1:00 What is necessary to be able to trade full time and make a living trading 02:25 Learn a few pieces of advice when you should start trading in terms of psychology 08:00 Trading plan restricts the freedom but it is the only way to succeed 10:20  Remember four components to success  13:30 How did Mandi decide to make a trading plan 18:25 Look at your life and what your preferences are and translate that into your trading 26:15 Mandi believes that how you do one thing you do everything 28:30 It is important to have a plan that you can follow over time 33 :05 There are four major behavioral patterns that influence your trading p

From Restaurant Worker To Full-Time Stocks Trader – Show Notes In episode 122 of the Desire To Trade Podcast, I interview Jason Leavitt, a trader and founder of LeavittBrothers. He came on the podcast to share about his progression from restaurant worker to full-time stocks trader and what helped him succeed. Topics Covered In This Episode What Jason is up to these days 1:30 How Jason Leavitt transitioned from part-time to full-time trading 2:00 The moment Jason saw he could go trading full-time 4:30 How Jason managed the first-month of full-time training 6:00 The BIG change to make before going to trade full-time (awesome example of self-awareness) 6:57 Powerful questions to ask yourself throughout the trading day 12:15 How working in a restaurant fits with trading 14:00 How Jason Leavitt kept track of his progression & best trade setups 15:09 How to manage multiple styles of trading & succeed 16:00 The #1 difference between short-term and long-term trading 18:21 How Jason Leavitt’s trading style a

The Life Of A Full-Time Forex Swing Trader – Show Notes In episode 121 of the Desire To Trade Podcast, I interview Hardianto Sunoto, a Forex trader from Jakarta (Indonesia). He came on the podcast to share about his life as a full-time Forex swing trader, his style of trading, and the techniques he uses to manage your trades successfully. Topics Covered In This Episode What’s going on in Hardianto’s life 1:46 How Hardianto got involved in trading 2:05 Using Elliott Waves to swing trade Forex & the learning process 3:36 What Hardianto does on daily basis 5:40 What separates Hardianto Sunoto from other swing traders 7:15 How Hardianto validated his trading methodology 8:20 Hardianto Sunoto’s thoughts on jumping to live trading right away 9:22 Top habits to apply consistently as a Forex trader 10:46 The power of looking at the charts frequently 12:12 How to get back on track when trading goes bad 13:04 Why Hardianto started a Forex copier service 14:35 The type returns Hardianto gets in trading & havin

From "Stuck In Life" To Profitable Forex Trader – Show Notes In episode 120 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. Topics Covered In This Episode How to manage speaking, trading and building a business 3:00 How Karen got involved in trading while doing an engineering internship 4:20 The kind of work Karen needed to put in to trade successfully 7:00 The lessons Karen Foo learned before becoming profitable 8:20 What Karen tells people who want to make a lot of money trading 10:05 Karen’s preferred trading style and how to find your style 11:55 How Karen manages multiple timeframes 13:05 What a day look like in the life of Karen Foo 13:35 Nick asks: Exercises to work on your trading psychology 15:13 The role of discretion in Karen’s trading 17:10 When in the day does Karen tra

Secrets Of A Professional Forex & Stocks Trader – Show Notes In episode 119 of the Desire To Trade Podcast, I re-interview Steve Patterson, one of the top proprietary traders based in Toronto, Canada. As someone trading the markets for over 37 years, he came on the podcast sharing his secrets & techniques as a professional Forex & stocks trader. Watch the video interview! I previously had the chance to discuss with Steve in episode 108 of the Desire To Trade Podcast. He is someone aspiring professional traders can learn a lot from and I always feel great after discussing with Steve. There are several "gems" in this interview! Topics Covered In This Episode What Steve Patterson trades (i.e. trading style and career) 2:10 Pre and post-trading routines 4:30 The books Steve recommends trader to read 8:05 How to feel like a professional trader (hint: you shouldn’t) 10:05 Mixing discretionary and systematic trading 12:35 Indicators traders can profitably use in the market 13:30 How to create a winning

Going From Part-Time To Full-Time Trading – Show Notes In episode 118 of the Desire To Trade Podcast, I interview day & swing trader Paul Singh. He came on the podcast specifically to discuss his transition from part-time to full-time trading. Over the years, Paul has developed the skills required to trade in multiple markets. In addition to swing & day trading, he has entered markets including options, futures, and stocks. Topics Covered In This Episode An awesome quote on fear & worry 2:00 How Paul turned $5,000 to $200,000 trading in law school 3:20 “Lightbulb moments” in Paul Singh’s trading career 7:04 What it takes to go from part-time to full-time trading 14:30 A big pitfall to avoid as an aspiring part-time trader 26:28 How Paul Singh got successful in multiple trading styles 27:40 Two big keys to trading success 34:20 Share-a-trade (Paul shares his trading methodology) 35:38 Top routines for part-time and full-time traders 40:10 Paul’s post-trading routines 46:10 More About Paul Singh