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

  Forex Broker & Prop Firm - Behind The Scenes In episode 318 of the Desire To Trade Podcast, I interview Justin Hertzberg and discuss everything about Forex brokers and prop firms. You'll get to see the behind-the-scenes of how brokers operate and how prop firms are established to give capital to aspiring traders. Earn Cashback on your forex trading (with ForestPark FX) >> Watch the video recording! In This Episode, You'll Learn... 0:15 Intro 0:43 What has changed with Justin since the last interview 6:40 What are the ongoing trends with forex brokers 8:13 What platforms are brokers moving to 10:33 Evolution of Algo trading 11:56 Where Justin sees regulations going in the industry 14:21 What to consider when looking at unregulated brokers 16:39 Is it ok to trade with the "offshore" entity of a regulated broker? 19:09 How online prop firms work 22:01 How Justin's company is changing the online prop firm landscape 25:12 Where does the capital from Online Prop Firms come from 27:08 How Online Prop Firm m

Is The Trend Really Your Friend? - The answer may surprise you In episode 317 of the Desire To Trade Podcast, I sit down with Michael Toma, we discuss whether the trend really is your friend or not. Feel free to comment below with your questions to have answered during the live stream. We share an example when the trend is not your friend using Bollinger Bands and how to trade it in a reversal trading strategy. Join our Ultimate Prop Firm Trading program Watch more videos featuring Michael Toma Watch the video interview here Topics Covered In This Episode 0:15 Introduction 0:45 Why the trend may not your friend 3:07 Statistical analysis about trending markets 5:14 Does trend trading help you "follow the big money"? 8:06 Why reversal trading may be for you 9:53 How to know when to do trend trading vs reversal trading 12:22 Results from studies about market movements 13:58 Chart examples for trending and consolidating markets (watch on youtube and below) 19:06 Why traders fail prop firm challenges 20:01 Why

Searching for Freedom as a Successful Trader | Forex Trader Motivation In episode 316 of the Desire To Trade Podcast, you'll be hearing how a few highly successful traders were able to get more freedom in life using their trading skills. Surrounding yourself with the right thoughts & people is crucial! My goal was to create a series that can act as the proper motivation for Forex traders to achieve their massive goals! Whether you're aspiring to achieve a Forex success story for yourself or trade-in any other market, this video will provide you the trading motivation you need! Sit back and relax...and if you're not yet subscribed to the channel, don't hesitate to do so! Forex Trader Motivation playlist >> Watch the video recording! Complete interviews used for this Forex Trader Motivation video Navin Prithyani Jerremy Newsome Moritz Czubatinski 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! DesireToTRADE's Top Resou

Full-Time Trader Story: How Alejandro Became Profitable & Consistent In episode 315 of the Desire To Trade Podcast, I sit down with Alejandro Perez from the Desire To Trade team to discuss his full-time trader story. You'll find out how Alejandro went from a university student to a consistently profitable Forex trader. Check out our program for traders: https://d2t.link/50k (promo until Sept. 12th, 2021) Watch the video interview here Topics Covered In This Episode 0:15 Introduction 1:45 How Alejandro got introduced to trading and almost enters a Ponzi scam 3:57 How Alejandro started his 1st live account and lost it all 6:09 How Alejandro's passion for trading developed 10:13 What made Alejandro decide to pressure trading full time after university 12:56 How long it took for Alejandro to become profitable 15:13 Which were the breakthrough points in Alejandro's trader development 18:19 How Alejandro transitioned from price action trader to Algo trader 20:03 The evolution of a trader, expanding your trad

The Biggest Obstacles in my Forex Trading Journey In episode 314 of the Desire To Trade Podcast, I cover the 3 biggest obstacles in my Forex trading journey so far. This has been a real challenge as I was trying to become profitable & consistent in the Forex market. The biggest obstacles in my Forex trading journey - Summary: 1) Having the wrong expectations 2) Desire to copy pro traders 3) Not trusting the trading process Watch the video here Topics Covered In This Episode 0:15 Introduction 1:45 1st Obstacle: Having wrong expectations 3:51 2nd Obstacle: Desire to copy the Pros 6:43 3rd Obstacle: Not trusting the process Viewer questions: 9:33 Is EURGBP more stable than EURUSD 9:53 How to work on discipline 10:50 Thoughts on trendlines vs horizontal S/R areas 11:29 Best book in Price Action Trading 12:32 Top books recommendation 15:15 Taxes (not tax advice, check your local law) 16:21 Etienne preferred timeframes 16:32 Diversification in your trading portfolio 17:06 Advice for a break-even trader 18:2

"Trading For A Prop Firm" Advice From FTMO In episode 313 of the Desire To Trade Podcast, I sit down with Pavel from FTMO to discuss news & update of the firm. He shares more about trading for a prop firm as a Forex trader. This advice is very valuable if you aspire to get a funded trading account and trade for a prop firm full-time. Earn up to 200K 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... 0:00 Start 0:15 Introduction 0:37 What has happened inside FTMO since the last interview Etienne did with them 2:02 Quick overview of what FTMO does 4:08 What differentiates FTMO vs other prop firms 5:52 Interesting statistics from the FTMO challenge participants 7:38 Important rule changes on FTMO challenges and funded accounts 10:17 How FTMO funded trader performance coaching works 11:18 Why it's important to have the right support for traders 12:12 What are the key obstacles for traders to get funded 13:

Heikin Ashi Trader: How To Read Candlesticks (full-time trader) In episode 312 of the Desire To Trade Podcast, I sit down with Michael Toma, a Heikin Ashi trader who shares how to use Heikin Ashi candlesticks in any market. You'll learn how to read Heikin Ashi and what Heiken Ashi tells us about Humans. Join our Ultimate Prop Firm Trading program Watch more videos featuring Michael Toma Watch the video interview here Topics Covered In This Episode 0:00 Start 0:15 Introduction 2:18 What Heikin-Ashi candles tell you about the markets that traditional candlesticks don't 3:47 How Heikin-Ashi works: Example 1 5:28 Does Heikin-Ashi work in trending markets only? 6:55 Does Heikin-Ashi candle size matter? 8:26 How to incorporate Heikin-Ashi into your trading: Example 1 9:42 Why Michael doesn't care if Heikin-Ashi candles don't show the current price 10:44 Heikin-Ashi in play: Example 2 12:49 What indicators can be used to complement Heikin-Ashi 14:01 Are Moving Avegares + Heikin-Ashi a good mix? 15:06 Why Heikin-A

Med Student Turned Full-Time Trader In episode 311 of the Desire To Trade Podcast, In this trader interview, I sit down with renowned institutional trader Kathy Lien to discuss her trading journey and unique approach to the markets. About Katy: Kathy Lien is Managing Director and Founding Partner of BKForex. Having graduated from New York University’s Stern School of Business at the age of 18, Ms. Kathy Lien has more than 13 years of experience in the financial markets with a specific focus on currencies. Her career started at JPMorgan Chase where she worked on the interbank FX trading desk making markets in foreign exchange and later in the cross markets proprietary trading group where she traded FX spot, options, interest rate derivatives, bonds, equities, and futures. In 2003, Kathy joined FXCM and started DailyFX.com, a leading online foreign exchange research portal. As Chief Strategist, she managed a team of analysts dedicated to providing research and commentary on the foreign exchange market. In 2008

Trade Management in Forex: Do you need it? In episode 310 of the Desire To Trade Podcast, I am joined by Alejandro from the Desire To Trade team to discuss trade management for Forex trading. Is it helping or hurting your trading? We'll give you some tips to manage your trades better and stay more consistent! Watch the video interview here Topics Covered In This Episode 0:15 Introduction 0:49 Who is Alejandro and what he does 1:53 How can you determine if you should use trade management in your strategies 4:14 How to know if you are better with Trade Management or without it 6:23 Mindset Benefits Vs %/$ Benefits of Trade Management 11:02 How Trade Management can help you trade better 13:33 Why using "set and forget" trades 1st before building your Trade Management technique 17:40 Viewer question: What Trading Journal Software do you use? (Edgewonk) 19:56 Viewer question: What timeframes do you trade? 20:40 Viewer question: How long does it take to build a trading plan and much more What is one thing you ar

How To Trade Forex Like A PRO (even if you're not profitable yet!) In episode 309 of the Desire To Trade Podcast, I cover how to trade Forex like a pro and get more consistent results. There are 3 reasons why you don't make profits now: your strategy, your execution, or the market. Questions that saved my trading and helped me trade Forex like a pro: 1. Do you have a tested plan? 2. Do you follow your plan and manage your trades according to it? 3. Have you added a ton of factors to your strategy to make it work? 4. If you backtested the past few months of live trading, would your results be the same? Watch the video here Topics Covered In This Episode 0:15 Introduction 1:11 The 3 reasons why you don't make profits right now Questions that saved my trading and helped me trade Forex like a pro: 2:05 Do you have a tested plan? 2:51 Do you follow your plan and manage your trades according to it? 4:50 Have you added a ton of factors to your strategy to make it work? 6:21 If you backtested the past few months o

8 Years of Trading: My Perspective Shifts + Q&A In episode 308 of the Desire To Trade Podcast, I talk about how it's now 8 years that I started to trade Forex and over 4 years full-time. I wanted to take some time and go back on my perspective shifts over my trading years and see what changed in my thinking. Watch the video here Topics Covered In This Episode 0:15 Introduction 1:12 What are the things that have changed for Etienne in the past 8 years of trading 17:48 Will Etienne start a prop firm? 18:48 How do you keep the momentum in your trading 20:00 How to get out of the break-even face of trading 22:27 Do good setups keep working for the long term or do they require constant change? 25:30 How to limit daily losses so they don't break your account 30:57 Why do some trading courses cost so much 44:30 What feelings did Etienne had before mastering the trade 45:24 Are some days harder to trade than others? 46:10 How Etienne splits his trading capital in brokers and much more What is one thing you are

"Funded Trader Journey To 6 Figures" In episode 307 of the Desire To Trade Podcast, I sit down with Franklin Lyembela as he shares his success story toward becoming a funded trader with a 6-figure income. Take the 5%ers prop firm challenge Watch the video interview! Topics Covered In This Episode 0:00 Start 0:15 Introduction 0:43 Who is Franklin Lyembela and what was his trading journey 2:08 How Franklin became profitable and started trading for multiple prop firms 5:20 Why Franklin decided to go into FX trading 6:05 How Franklin started trading the wrong way 7:18 How Franklin realized that he needed to change his trading radically 8:43 How The Desire To Trade Podcast helped Franklin improve his trading 9:54 How Franklin started to learn trading the proper way 11:52 When did Franklin knew he was ready to become a Funded Trader 12:40 What was Franklin experience with Prop firm Challenges 14:23 Why Franklin kept trying after failing his first Prop Challenge 15:20 How Franklin managed to earn and keep funding

From Zero To Professional Trader | Trader Success Story In episode 306 of the Desire To Trade Podcast, I sit down with full-time professional trader Michael Toma. While we've been working together for almost 2 years, it's the first time he reveals his trader success story and the obstacles he faces publicly. Watch more videos featuring Michael Toma The article where Michael Toma gets featured Watch the video interview here Topics Covered In This Episode 0:15 Introduction 0:37 Who is Michael Toma and what he does 1:18 How was Michael's life before getting involved with trading 2:25 How Michael got into trading 4:10 How Michael overcame some of his most difficult times in trading 7:26 How was the learning process for Michael 9:05 What were some obstacles that Michael faced when developing as a trader 12:04 Why Michael explored other businesses at the same time as growing his trading 13:47 How Michael adapted his mindset to become a great trader 15:27 What is Michael's trading style 17:42 How can you scale yo

Become an Unstoppable Trader | Forex Trader Motivation In episode 305 of the Desire To Trade Podcast, you'll be hearing a compilation of advice from highly successful traders. Surrounding yourself with the right thoughts & people is crucial! My goal was to create a series that can act as the proper motivation for Forex traders to achieve their massive goals! Whether you're aspiring to achieve a Forex success story for yourself or trade-in any other market, this video will provide you the trading motivation you need! Sit back and relax...and if you're not yet subscribed to the channel, don't hesitate to do so! Forex Trader Motivation playlist >> Watch the video recording! Complete interviews used for this Forex Trader Motivation video Ceri Bryans Steve Ward Raghee Horner Brent Penfold. Al Brooks 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! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free gr

Prop Firm Comparison: Which One is Best in 2021? In episode 304 of the Desire To Trade Podcast, Michael Toma and I do a quick prop firm comparison and discuss which prop firm that funds trader is best for you depending on your circumstances. Watch the video here Topics Covered In This Episode 0:15 Introduction 1:25 Best Prop Firms for FOREX Swing Traders 2:38 The5%ers VS CTI 4:46 Best Prop Firms for CFD Day Traders 5:20 FTMO VS Funding Talent 11:16 Prop Firms that didn't make the cut 13:12 Conclusion 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! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (use our link to get a special bonus) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes

Can You Trade Full-Time with FTMO? In episode 303 of the Desire To Trade Podcast, Michael Toma and I discuss whether or not you can trade full-time once you get funded by FTMO or similar prop firms. Watch the video interview here Topics Covered In This Episode 0:00 Start 0:15 Introduction 0:57 What going full time as a prop firm trader entails 2:07 How much capital you need to trade in a prop firm 3:00 How to improve your equity curve to make it attractive for prop firms 4:30 How to scale your trading capital via prop firms and private capital 7:43 How to decide if its best to trade your own capital or prop firm capital 9:00 What risk per trade to use in a prop firm challenge/evaluation 12:25 What are some things you can do to improve discipline in prop firm trading 14:56 How long it takes to become a "professional" trader 16:36 Why should or should you go into crypto trading 20:38 How to define a "professional" trader 23:27 How to build a track record with a 2,000 USD account 24:42 Do you need fundamentals

System Trader's Tips For Success In episode 302 of the Desire To Trade Podcast, I interview full-time trader Boris Schlossberg. I sit down for a trader interview with Boris Schlossberg to discuss his tips for success as a system trader in the Forex market. If you aspire to trade full-time with mechanical trading strategies, Boris is a great person to learn from. Watch the video interview! Topics Covered In This Episode 0:00 Start 0:33 Introduction 1:58 Why Boris moved from FX to stocks futures 3:42 Boris experience transitioning from FX to stock futures 5:16 What Boris recommends to starting traders 9:26 Why having a demo and trading live at the same time matters 10:13 How to deal with volatility in trading 15:03 How Boris develops his trading algos 19:00 Has Boris encountered difficulties getting his strategies coded? 21:20 Why Support / Resistance zones are so hard to code 24:42 Why chart patterns don't matter 27:16 TRADE LESS to increase your profits 28:42 Why beginer traders should start with manual tr

Global Prime Co-Founder Interviews Traveling Trader Etienne Crete In episode 301 of the Desire To Trade Podcast, I share with you a recent interview in which I am interviewed by Global Prime co-founder Jeremy Kinstlinger.  In this interview, we talk about my trading style, tools for traders, how to avoid scams, and how the forex scene has developed over the years for retail traders. Watch the video interview here Topics Covered In This Episode 0:15 Introduction 1:40 How Etienne got into trading and how was his initial experience 3:16 How Etienne founded Desire To Trade and what was the idea behind it 4:40 Tips getting in touch with top traders 8:10 What is Etienne's trading style 10:45 How has covid changed what Etienne does 11:38 How has the trading education landscape changed over the years 13:25 Educational resources Etienne recommends for aspiring traders 14:52 What are Etienne thoughts on Prop trading 16:47 What's your favorite dish from where you've traveled 17:34 Has a country helped you with your t

Do This Every Day To Improve Your Trading Mindset In episode 300 of the Desire To Trade Podcast, I sit down with Mandi Pour Rafsendjani to discuss trading mindset & psychology for Forex traders. We share things you can do daily to improve your trading mindset and performance. Mandi Pour Rafsendjani is frequently coaching some of the most successful traders in the world and knows a lot when it comes to traders' mindset. PRO COURSE by Mandi | 7 Ways To Stick To Your Trading Plan Watch more videos on trading psychology with Mandi Pour Rafsendjani Watch the video interview here Topics Covered In This Episode 0:00 Start 0:15 Introduction 1:40 What you can do daily to improve as a trader 5:55 How can you break off from a negativity spiral to improve your trading and life 10:23 How to improve when you are not already successful 17:40 How your Mindset can help you in the markets 27:49 How knowing your emotions are really important in trading 33:06 Top books for improving your mindset 37:10 How can you be mentor

Scale Up Your Trading Beyond Your Own Capital In episode 299 of the Desire To Trade Podcast, I bring you the replay of our latest free training in which professional trader and money manager, Michael Toma shares how you can scale your trading beyond your own capital. Join the program Watch the video version here! Topics Covered In This Episode How to manage outside capital The 3 keys to going beyond your own trading capital How to scale up your trading The key skills needed for success 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! Desire To Trade's Top Resources Join the Ultimate Prop Firm Trading Program DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (use our link to get a special bonus) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy What is one thing you are