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

Creating A Winning Trading Strategy (Ultimate Process!) In episode 340 of the Desire To Trade Podcast, Etienne sits down with Brent Penfold to discuss his process for creating a winning trading strategy in any market (Forex, stocks, futures, crypto, etc.). You'll find out how to create a profitable trading strategy like a pro! Let's get started!!! Listen to Brent Penfold's previous interview (2020) Watch the video interview here In This Episode, You'll Learn... 0:15 Introduction 0:39 Brent talks about his new book "The Universal Tactics of Successful Trend Trading" 2:50 How does Brent recommends traders to start learning 6:10 How can you use Risk of Ruin in your trading 14:43 How to develop a profitable strategy, step by step 25:14 The 2 keys of a profitable strategy 25:38 How to measure strategy robustness 30:16 Why Brent looks to trade the same in all markets 32:15 The 3rs step of a profitable strategy (sensitivity analysis) 37:38 Last step before trading a strategy live (test procedure) 39:18 Recap: How

Fund Manager's Priceless Tips To Succeed In Trading In episode 339 of the Desire To Trade Podcast, Etienne discusses a fund manager's priceless tips to succeed in trading with James Whelan. You'll get to learn more about how to succeed in trading. Watch the video to find out! Let's get started!!! Listen to James Whelan previous interview (2019) Watch the video interview here In This Episode, You'll Learn... 0:15 Introduction 0:39 What has changed with James Whelan's trading since his last interview 2:55 What does an investment manager do? 5:06 How James decides what investments his funds go into 8:40 How James fund does market timing 10:52 How fund managers know when the trades are wrong 13:36 How James takes profitable trade exits (the profitable stop) 16:52 How VFS does crypto investments 20:15 Why James thinks bitcoin still can go higher 23:03 James advice for anyone trying to start a fund 24:00 How can a trader land a hedge fund job 28:00 How to stay as a top trader even in long losing streaks 33:46 Wh

Full-Time Income From Systematic Trading In episode 338 of the Desire To Trade Podcast, I sit down with full-time trading legend Adam Grimes. Being a systematic trader with a hint of discretion, Adam has been transitioning to fully systematic trading over the past few years. You'll get to learn more about what it takes to generate a full-time income from systematic trading! Let's get started!!! Listen to Adam Grimes previous interview (2016) Watch the video interview here In This Episode, You'll Learn... 0:00 Start 0:15 Introduction 0:35 What has Adam Grimes done since his last interview with Etienne 2:13 How Adam has adapted to markets moving less than before 6:55 How Etienne has adapted to the changing markets 7:32 Why a trader needs to keep evolving 8:30 How a high R:R can be bad for your psychology 10:28 Why beginner traders lose money with high R:R strategies 11:11 What role does creativity play in trading 16:16 Why AI sometimes doesn't work great in trading 23:21 How to beat AI with discretionary tra

"Train Your Brain To Make A Ton Of Money Trading" In episode 337 of the Desire To Trade Podcast, Etienne sits down with trading psychologist Rande Howell to discuss how to train your brain to make money trading. He is the author of Mindful Trading: Mastering Your Emotions and Your Inner Game. Let's get started!!! Listen to Rande Howell's previous interview Watch the video here   In This Episode, You'll Learn... 0:15 Start 0:12 Introduction 1:08 What has Rande Howel done since his last interview 3:30 What is uncertainty in trading and how to deal with it 7:16 How to stop having big winning and losing swings in trading 12:37 Why visualization and meditation are so important for traders 15:27 What are the top factors that hijack your trading 18:39 How your inner critic stifles your trader growth 25:03 How can you beat your inner critic 27:59 What's the difference between people who have success from those that don't 32:01 What differentiates traders that fall and recover from those that don't 34:21 How should

The Power Of A Trade Journal In episode 336 of the Desire To Trade Podcast, Etienne discusses with trader psychologist Steve Ward on the power of a trade journal. We discuss how to create an effective Forex trading journal & use it to become a better trader. Steve Ward is an expert at trading psychology. Learn more about the TradersMind journal: https://www.tradersmindjournal.com/ (use the code EC20 to get 20% off) Listen to Steve Ward's previous interview Watch the video here Topics Covered In This Episode 0:00 Start 0:15 Introduction 0:42 Who is Steve Ward and what he does 1:53 Why habits are so important for success in trading 3:43 How can you improve your habits as a trader 8:32 How to figure out what works best for you (who you are) 13:04 How to adapt a strategy to your personality 16:47 Why Steve went back to create a paper trading journal instead of online 20:07 Quick overview of Steve Ward mindset journal and how to use it 23:24 Why successful traders need journals 25:43 Why a mindset journal is

“This Trading Mindset Will Make You Wealthy” In episode 335 of the Desire To Trade Podcast, Etienne sits down with full-time day trader Jerremy Newsome. They discuss trading mindset and how to develop the trader mindset you need to succeed. Listen to Jeremy Newsome's previous interview Watch the video here Topics Covered In This Episode 0:00 Start 0:15 Introduction 0:49 What has changed with Jerremy Newsome since his last interview with Etienne 1:36 How Jerremy added crypto trading to his portfolio 4:11 Why Jerremy Newsome gives away 10-20% of his income 6:09 How Jerremy uses his money mindset to be a better trader 7:46 What Jerremy recommends to people who want to start trading but have trouble with money 11:41 Jerremy shares the grind in his trading development 13:34 Why drive is extremely important for success in life and trading 16:00 What habits have helped Jerremy improve as a trader 19:52 Why figuring out what really matters for you is key for success 21:48 Jerremy Newsome signature trade setups 27:

Become a Profitable Trader in 2022 In episode 334 of the Desire To Trade Podcast, Etienne discusses with Tim Racette on how to become a profitable trader in 2022. You'll get to hear tips from a real full-time trader on what it takes to become a successful trader within the next year! Listen to Tim Racette previous interview Watch the video here Topics Covered In This Episode 0:15 Introduction 0:38 What has happened with Tim Racette since the last interview with Etienne 1:58 How has Tim's trading changed in the past 2 years 3:15 How Tim filers his trades to get the best opportunities 6:18 How can you adjust to changing market conditions 8:57 Why having daily loss limits is really important 10:11 Why Tim focuses on mindset so much 12:03 How Tim defines the mindset of a successful trader 15:00 How Tim recommends helping develop discipline 17:35 Why trading discipline is so hard 19:26 How you can use habits to improve your discipline 20:37 What Tim recommends to focus on as a new trader 23:51 How can a new tra

How To Trade The Market Bubble In 2022 In episode 333 of the Desire To Trade Podcast, I discuss with Jim Rogers on how to trade the market bubble in 2022. The market has been in an overbought stage for a while and full-time investor Jim Rogers knows all about it. You'll want to watch the video! Listen to Jim Rogers previous interview Watch the video here Topics Covered In This Episode 0:15 Introduction 1:00 What changed with Jim Rogers investing since his last interview with Etienne 3:00 What will happen with the market bubbles around the world 4:10 What investing opportunities will there be in the next market crash 5:11 Which are the best asset classes for investing opportunities 6:40 How to know when a bubble is ready to burst and its time to sell 8:28 How to find which companies will survive a crash 9:18 How Jim Rogers became a traveling investor and trader 10:33 What are the benefits of traveling as an investor and trader 12:21 What differentiates great managers from the average fund manager 13:27 Why

Lessons Learned From 2021 In episode 332 of the Desire To Trade Podcast, you'll learn 9 Forex trading lessons we learned in 2021. We are getting ready to implement these trading lessons in 2022. Watch more videos featuring Michael Toma   Watch the video here Topics Covered In This Episode 0:15 Introduction 1:12 2021 Lessons From Michael Toma 1:40 Improve trading compliance 3:26 Use Heiken Ashi as a trading tool more 4:08 Continue to adapt and expand in different markets 5:24 2021 Lessons from Etienne Crette 5:29 Only trade what you know (less is more) 6:18 Plan time for learning 7:18 Maintain routines for success 8:32 2021 Lessons from Alejandro Pérez 8:43 Always keep learning 10:58 Successful Algo trading is about much more than just the strategies 12:05 Algo Trading has as much bias as discretionary trading 12:53 Conclusion 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!   Desire To Trade's Top Resources Des

Professional Forex Trader's Priceless Lessons In episode 331 of the Desire To Trade Podcast, I sit down with professional trader Akil Stokes. He has built his Forex trading career for more than a decade and has helped thousands of traders perform at their best in the markets. Akil is the kind of person who takes a no-bs & realistic approach to professional Forex trading. He is also a big believer in continuous improvement as traders. Watch the interview until the end for some priceless advice from a professional Forex trader. Watch the video interview! More Interviews with Akil Stokes Previous interview with Akil Stokes (#297) Previous interview with Akil Stokes (#010) In This Episode, You'll Learn... 0:15 Introduction 0:23 Who is Akil Stokes and what he does 1:38 What is the biggest difference with Akil since the last interview with Etienne 3:00 How does "trading simply" looks like 4:33 Does Akil still trade advanced chart patterns 5:12 Why it is important to have multiple skills 6:20 What typ

How To Treat Trading Like A Business In episode 330 of the Desire To Trade Podcast, Etienne sits down with full-time trader and business owner Jason Graystone. They discuss how to treat trading like a business and scale it into something that can pay your bills monthly. Jason has a very interesting path to treat trading as a business. Watch the video to find out how he did it! Watch the video interview! More Interviews with Jason Graystone Previous interview with Jason Graystone (#297) Previous interview with Jason Graystone (#131) In This Episode, You'll Learn... 0:15 Introduction 1:24 How Jason Graystone invests in crypto and why he doesn't care much about it yet 2:34 What Jason recommends people who want to start in crypto trading 4:21 Does Jason think crypto will keep going up? 6:46 How Jason Graystone invests his total capital 10:17 How Jason built his strategic capital allocation for freedom 11:57 Why it is really important to build multiple sources of income 12:38 How Jason Graystone spends

The Path to Becoming A Full-Time Trader In episode 328 of the Desire To Trade Podcast, I sit down with Courtney Smith, a full-time trader & coach based in Dubai. This discussion is full of big takeaways and tips to help you at becoming a full-time trader. Watch the video interview In This Episode, You'll Learn... 00:15 Introduction 0:31 Why Courtney prefers living in Hotels instead of an apartment 1:11 What has changed with Courtney's trading since the last interview 1:50 How Courtney trades Cryptocurrencies different from other assets 3:15 Deep dive at Courtney trading style and strategy 6:00 Why there are almost no books on trading fundamentals 6:48 How Courtney became the #1 performing Global Macro Hedge fund manager 8:40 How fundamental factors interlink with the markets 10:46 Why technical analysis still has a place in the market 11:36 What makes successful traders different 14:46 Why traders sabotage themselves 18:56 How Courtney suggests traders find the correct system for them 23:53 Why

Trading Forex For A Living Advice In episode 328 of the Desire To Trade Podcast, Etienne interviews full-time Forex trader Jim Brown and gets his advice on trading Forex for a living. Being in Da Nang for several years, Jim has created a freedom lifestyle using Forex trading. He mostly does swing trading, but uses multiple timeframes and indicators he developed himself. Jim Brown's books (get his indicators for free) Previous interview with Jim Brown Watch the video interview In This Episode, You'll Learn... 0:00 Start 0:15 Intro 0:40 Who is Jim Brown and what he does 1:28 How has Jim's trading evolved since the last interview with Etienne 5:20 Why Jim Brown doesn't believe in Set and Forget EAs (Algos) 6:30 How Jim manages his trading EAs 7:42 Why expectations in trading are really important 11:22 The correct progression of a trader 12:21 Why jumping strategies don't work 15:52 How should you go about creating your own strategy 19:18 Why discretionary trading and systematic trading are both ok 24:

Full-Time Trading Tips & Tricks For 2022 In episode 327 of the Desire To Trade Podcast, I sit down with Barry Burns, the full-time trader behind the channel Top Dog Trading. We discuss some of his best tips & tricks for full-time trading in 2021 and 2022. This interview was recorded on October 28th, 2021. Previous interview with Barry Watch the video interview In This Episode, You'll Learn... 0:15 Intro 0:50 What has Barry Burns done since his last interview with Etienne 4:23 What technical chart patterns Barry uses for his trading 6:52 How Barry trades cryptocurrencies different than traditional market futures 13:53 How Barry identifies crypto tokens that will survive vs the ones that will break 19:17 How you can use one of Barry powerful tools for technical analysis 20:53 What Cryptocurrencies Barry is looking at 23:59 What stocks and markets is Barry looking at 28:28 What personality characteristics do successful traders have 34:39 How Barry made his best trades of the past 2 years 36:14

"Anyone Can Succeed In Crypto Trading" In episode 326 of the Desire To Trade Podcast, I interview full-time Forex & crypto trader Nick Bencino. As a pure price action trader, Nick is a big believer in trading support and resistance areas in the cryptocurrency market. He shares his entire price trading process in this video! Watch: video interview! In This Episode, You'll Learn... 0:15 Intro 0:34 What has happened with Nick Bencino since the last interview with Etienne 1:49 Why Nick decided to completely transition to Crypto and leave Forex Trading behind 5:15 How Nick filters what Cryptocurrencies to trade 9:21 What trading style does Nick use to trade crypto 11:06 How Nick deals with the risk of crypto projects going to 0 12:35 How Nick decides how much to risk on any given project 16:54 Is a lot of research on a crypto project necessary to trade crypto? 21:28 What is Nick's preferred active trading timeframe (screen share) 24:20 How Nick decides his stop losses for crypto trading 28:13 How

Techniques & Mindset Of A Day Trader In episode 325 of the Desire To Trade Podcast, I sit down with full-time day trader & ex-athlete Chris Lori. Chris came on to share his lessons regarding the mindset of a day trader. >> Watch the video recording! In This Episode, You'll Learn... 0:00 Start 0:15 Introduction 0:41 How has Chris trading and life evolved since the last interview with Etienne 3:36 Why Chris moved to crypto trading and how he trades them 7:33 What timeframes does Chris look at in his trading 8:57 What is Chris Lori trading style 11:30 Common trader mindset mistakes 18:03 How to know your strengths as a trader 24:15 How can a trader develop its trader intuition faster 27:44 Why journaling the market may be better than journaling your trades only 29:41 Chris key tips for beginner traders 32:42 How you can move from indicators to Price Action Trading 34:11 Where to find Chris Lori And much more! What is one thing you are going to implement after listening to this podcast

Live Trader Shares His Entire Scalping Strategy In episode 324 of the Desire To Trade Podcast, I sit down with full-time trader & Forex scalper Jean-Francois Boucher to discuss his scalping strategy and how he's live trading on the 1-minute chart. The last time I spoke with him, he was battling cancer. Fast-forward to today, JF is stronger than ever and got back to scalping. What an inspiring man! He agreed to sit down with me again for an interview... this time during one of his live trading sessions. If you've ever wondered how to scalp on a 1-min chart or steps to adopt the mindset of a professional Forex trader, this is a great interview to watch! >> Watch the video recording! In This Episode, You'll Learn... 0:00 Start 0:15 Introduction 00:38 How Jean-Francois has changed his trading since the last interview with Etienne 2:36 How Jean-Francoistrading style looks like 6:57 Jean-Francois strategy deep dive (Watch the charts on Youtube) 11:30 Why Jean-Francois uses his 3 main timeframes

Price Action Trading Expert (Learn From Him!) In episode 322 of the Desire To Trade Podcast, I sit down with Al Brooks, the best price action trader I know of.  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 my previous interview with Al Brooks >> Watch the video recording! In This Episode, You'll Learn... 0:00 Start 00:15 Introduction 0:29 What has Al Brooks been working on the past years 1:18 What is Al's view on the markets today 4:30 How can we identify market transitions 11:04 How to avoid losses with Price Action Trading 14:14 Why you lose money trying to set at the top 19:23 How Al Brooks decides how to scale into trades for maximum profit 24:27 Why you should trade really small to get profitable 26:40 Al's opinions on A.I. vs Price Action Trading 31:15 Would A.I. removing emotions from trading make humans obsolete in trading? 37:44 Has Al Brooks slowed down his trading over

Principles for Successful Crypto Trading In episode 320 of the Desire To Trade Podcast, I interview Marcus Fetherston. In addition to being successful at cryptocurrency trading, he is also Director of Operations at EightCap. One of the easiest ways to learn something is finding people who are experts in their field and asking them the right questions. That’s what I’ve been dedicated to doing for you over the past 4 years on the Desire To Trade Podcast. This interview is focused specifically on crypto trading for beginners and how to become a successful crypto trader. Open an account with Eightcap (you can get my crypto trading scripts & indicators*) For the last day of the Desire To Trade x EightCap Crypto Week, I’m giving you the chance to learn powerful principles for successful crypto trading. Previous crypto trading videos: - How I started trading cryptos - Best crypto trading broker? EightCap broker review - My best swing trading strategy for crypto - Reversal trading strate

Why This Forex Trader Jumped To Crypto Investing In episode 319 of the Desire To Trade Podcast, I sit down with Hugh Kimura to discuss his adventure from Forex to crypto trading & investing. >> Watch the video recording! In This Episode, You'll Learn... 0:15 Introduction 0:51 How has Hugh Kimura trading changed since the last interview 1:43 Why Hugh started investing in cryptocurrency projects 2:25 Should a trader change markets over time? 3:10 Why Hugh uses hedging in his forex trading 5:34 How Hugh trades forex with hedging 6:16 How a day in the life of Hugh looks like 6:57 How Hugh researches cryptocurrency projects 7:41 Is cryptocurrency a bubble? 8:49 How Hugh decided how much to invest into his crypto portfolio 9:48 Crypto projects that Hugh is looking at 11:57 What are some ways to make money with cryptocurrencies 14:06 Are cryptos highly correlated? 14:43 Why Hugh doesn't actively trade cryptocurrencies 16:05 Resources to learn and research cryptocurrency projects 17:17 Things to avoid while re