Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders 442: Ex-Pit Trader’s Profitable Trading Secrets - Brad Schaeffer
In episode 442 of the Desire To Trade Podcast, we will be listening to the recording of an interview with ex-pit trader and author Brad Schaeffer as he talks about profitable trading secrets. Get valuable tips and know what to avoid as a trader - straight from the legend, himself!
The video is also available for you to watch on YouTube.
Topics Covered In This Episode- 00:00 Introduction
- 00:39 How did you start trading?
- 03:46 How did you know this is a good career for you?
- 05:06 Brad's memorable trade
- 07:53 Trading for a living
- 10:28 Moving from trading on the pit to trading on your own
- 12:06 Brad's trading style
- 15:27 Common things in trading that you don’t agree with
- 17:30 Do you focus more on reversals?
- 18:23 Finding your niche
- 19:26 What made you like trading energy?
- 21:32 What kind of timeframe do you focus on?
- 22:21 Common mistakes that people fall into
- 24:13 Mistakes traders make that prevent them from getting to a good level
- 26:32 Do you think anyone can be a trader?
- 28:22 How to filter the noise of the market
- 30:35 Information on Brad's books (link below)
- and much more
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Desire To Trade's Top Resources- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
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- Desire To TRADE Academy
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Where to find Brad Schaeffer- Brad's Book: Life In the Pits
Resources mentioned: Day Trading Quickstart Guide Forex Trading Quickstart Guide 12 Power eBook
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!