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Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
459: Wisdom From 20 Years Of Day Trading - Ross Maxwell
Jun 17, 2024
Ross Maxwell shares wisdom from 20 years of day trading, discussing mindset, funding sources, support/resistance zones, and balancing fundamentals/technicals in day trading. He emphasizes the importance of focusing on the trading process and building consistency for those who want to build capital.
20:42
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Quick takeaways
- Transitioning to independent trading entails emotional challenges and mindset shift.
- Successful trading requires more than profitability, emphasizing capital management and emotional resilience.
Deep dives
Transition to Independent Trading
Transitioning from trading for a firm to trading independently involved significant challenges. Moving from having access to institutional order flow to trading with personal funds brought emotional pressures and a shift in mindset. The transition required adapting to the uncertainty of income, building strong emotional resilience, and developing new strategies.
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Discover
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