Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders 050: If You Are Trading Higher Time Frames This Is Your Guy - Rob Colville
In episode 50 of the Desire To Trade Podcast, I interview Rob Colville, a Forex trader using a method to trade higher time frames and maximize his lifestyle. He is the man behind the site The Lazy Trader.
Rob trades exclusively on the daily and weekly time frames. He looks for several types of trades and do not care so much about trading. His goal is to have the life he desires first.
An important topic discuss during this episode is the importance of not setting your expectations too high. The #1 goal of a trader is to preserve the capital and the secondary goal is to trade. For a newer trader, the essential goal consists of not losing money. Then, overtime, it is more acceptable to aim for a certain return.
Topics Covered - The Lazy Trader
- Rob's learning process
- The one book that helped Rob
- The amount of money you need to trade
- The Lazy Trader's lifestyle
- How to start trading higher time frames from scratch
- Using reward and punishments to reach your goals
- Using visualization to stay in the trading game
- 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!
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