Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders 480: Full-Time Trader Secrets To Making A Living Trading - Erik Smolinski
In episode 480 of the Desire To Trade Podcast, we will be listening to the recording of an interview with elite trader Erik Smolinski to discuss full-time trader secrets to making a living trading. Learn the significance of embracing the less glamorous aspects of trading, such as logging trades and analyzing performance, to achieve long-term success.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode- 00:00 Introduction
- 00:46 Erik’s journey from student to trader
- 03:20 Overcoming financial constraints
- 04:26 Changing his mindset about risk
- 08:05 The importance of organization in building a trading strategy
- 10:27 Keeping track of data
- 12:13 Erik’s trading style
- 16:25 Setting realistic goals for consistent returns
- 20:45 Outperforming the market
- 22:09 Three ways to limit portfolio drawdown
- 26:47 Three common mistakes traders make
- 31:56 Embracing the unsexy work of trading
- 33:48 Where to find Erik Smolinski (link below)
- and much more
What did you like best in this podcast episode? Let's talk in the comments 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:
- Desire To TRADE Academy
-
- Subscribe via iTunes (take 2 seconds and leave the podcast a review!)
- Subscribe via Stitcher
- Subscribe via TuneIn
- Subscribe via Google Play
- See all podcast episodes
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
How to find Erik Smolinski- outliertrading.io
- YouTube: Outlier Trading
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!