Trading Wisdom from an Experienced Funded Trader In episode 489 of the Desire To Trade Podcast, we will be listening to the recording of an interview with John Bannan, who shares trading wisdom from his experience as a funded trader. Their discussion also touches on the differences between retail and institutional trading, the significance of experience, and the potential of predictive trading through cycles. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:42 Who is John Bannan? 02:26 Learning curve as an intraday trader 04:20 Building a trading system from 2009-2011 09:03 Filtering out when to go long or step away from trades 09:55 The pressure of trading for others 11:13 Tools and technology in trading 12:30 Cycles and predictive trading 15:30 Fine-tuning his system 16:40 Handling drawdowns 18:39 Navigating institutional vs. retail trading 20:23 Would he change anything from his trading journey? 21:51 Lessons from experience and future aspirations 22:19 Where to find John Bannan (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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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 John Bannan comhla.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

The Legend of Trading Psychology In episode 488 of the Desire To Trade Podcast, we will be listening to the recording of an interview with the legend of trading psychology, Dr. Brett Steenbarger, discussing his journey from clinical psychology to trading. He highlights the significance of long-term success habits, the role of curiosity and continuous learning, and pathways to professional trading, including insights on how to get noticed by prop firms. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:45 Dr. Brett's journey into trading psychology 02:23 Trading psychology and performance psychology 04:14 Working on improvement and growth for professional traders 07:42 Identifying strengths as a trader 09:30 Scaling up in trading 11:34 How to know when you're ready to scale up 12:12 Long-term success habits for traders 13:26 Knowing who will be a good trader 14:31 Similarities among traders 16:30 Developing mental stability as a trader 18:44 Working with discretionary traders 19:47 Pathways to professional trading 22:53 Getting noticed by prop firms 24:29 Where to find Brett Steenbarger (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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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 Brett Steenbarger Twitter (X) - @steenbab TraderFeed blog What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Trading Daily Charts Consistently for Over 25 Years In episode 487 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Peter Varcoe, who shares how he has been consistently trading daily charts for over 25 years. Listen to him emphasize the need for traders to be observant and adaptable, using various strategies and timeframes to navigate the markets. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:35 From personal crisis to trading success 01:57 Learning the ropes: education and mentorship in trading 03:12 Understanding market crashes 06:10 Trading strategies: patterns and trends 08:50 Timeframes to identify trades 11:40 Shifting from equities to forex and futures 14:17 Observing price action 15:09 The importance of weekly charts 17:57 The role of mentorship: learning from the best 21:06 Probabilities vs. certainties 22:47 The hardest part of coaching traders 25:58 The path to consistency 26:31 Where to find Peter Varcoe (links below) 27:54 Risk management and trading mistakes 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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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 Peter Varcoe petervarcoe.com Email: peter@petervarcoe.com Telegram: petervarcoe What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

How An Engineer Became Full-Time Trader In episode 486 of the Desire To Trade Podcast, we will be listening to the recording of an interview with James North discussing how he, as an engineer, became a full-time trader. James shares his experiences, including the challenges he faced when transitioning from a full-time job to trading, the significance of risk management, and the lessons learned from using funded accounts. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:41 James’ journey into trading 02:13 What made him move from engineering to trading 05:53 Finding a trading strategy 06:41 What market context to look for 07:43 Timeframes he focuses on 09:31 From trading systematically to discretionary 10:33 Trading routine and lifestyle 12:02 Overcoming initial struggles in his first 3 months of trading 18:14 Lessons from funded accounts 20:14 How much money do you need to go full-time? 22:09 Advice for aspiring funded traders 22:50 Where to find James North (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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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 James North dndtrading.co.uk What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

How This Trader Made $30k With Simple Algo Trading Strategies In episode 485 of the Desire To Trade Podcast, we will be listening to the recording of an interview with full-time algo trader, Alejandro Perez, discussing how he made $30k with simple algo trading strategies. This might be your game-changer if you're still hesitating about algo trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:44 What’s new with Alejandro? 01:23 Navigating algo trading 03:28 Algo strategies and timeframes 05:33 Managing drawdowns 08:33 Learning to deal with drawdowns 11:39 Alejandro's 2024 algo trading review 12:48 Scaling capital and funding options 15:40 The importance of scaling your capital aside from using prop firms 17:57 Advice to traders planning to get into algos 19:32 Where to find Alejandro Perez and get started with algo trading 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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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 Alejandro Perez DesireToTrade.com Learn how to run automated trading strategies What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

He Went from Rock-Bottom to Full-Time Trader In episode 484 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Michael Toma, who discusses how he went from rock bottom to full-time trader. It’s a tell-all that even Etienne didn’t know about…until now. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:57 Michael’s journey to trading success 02:16 How he learned to trade 05:23 Overcoming personal and professional challenges 07:53 Building a trading capital 10:54 Keys to consistency 11:49 Increasing capital 14:14 The importance of risk management 16:49 Risk management 101 20:28 Trading style and lifestyle 23:48 Managing trading and traveling 25:05 Coach Mike’s advice to struggling traders 27:22 Building connections and community 28:41 Future goals and quality of life 30:09 Reaching the “crossover point” 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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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 Michael Toma DesireToTrade.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Funded Scalper Reveals Keys To $250k In episode 483 of the Desire To Trade Podcast, we will be listening to the recording of an interview with funded scalper, Boris Schlossberg, as he reveals keys to $250k. Listen to their discussion on critical aspects of trading, emphasizing the importance of treating prop money as real money, the impact of political events on market behavior, and the necessity of preparing for market corrections. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:28 Catching up with Boris Schlossberg 01:44 Market reactions to political events 03:18 How should traders prepare for a market crash? 04:57 The importance of “size” in trading 07:50 Why go into prop firms? 09:08 Benefits of prop firm limiting rules 10:08 Treating your prop firm account like real money 10:45 Learning from account blow-ups 13:41 Tracking accounts passed and lost 16:52 Understanding Market Regimes 18:14 Managing days with probable losses 19:46 The role of algos in trading 23:00 Managing algos 26:29 How to find Boris Schlossberg (links 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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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 Boris Schlossberg bktraders.com X: @Fxflow YouTube: @BKForex What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Full-Time Trader’s Mindset for Consistency In episode 482 of the Desire To Trade Podcast, we will be listening to the recording of an interview with full-time trader, Akil Stokes, sharing his mindset for consistency. Learn insights on scaling up capital, recognizing readiness for full-time trading, and finding the right resources in a crowded market. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:41 What’s new with Akil Stokes? 01:15 Trading strategies and evolution 02:41 Moving from price action to indicators 04:12 Akil’s preferred timeframe 05:00 Common mistakes among traders 06:01 The importance of trading psychology 07:29 Going through pain to learn as a trader 08:53 Advice on scaling up capital and trading full-time 11:16 Recognizing when you're ready to scale 13:42 Setting realistic expectations 16:18 Market changes and trading habits 17:42 Consistency in trading 19:40 Balancing life and trading 22:20 When to review your trades 23:23 Continuous learning and growth as a trader 25:39 Working on becoming profitable 27:47 Finding your trading style 30:04 Becoming a successful trader 31:32 Where to find Akil Stokes 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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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 Akil Stokes tieronetrading.com YouTube: Akil Stokes Twitter: @AkilStokesRTM What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Funded Trader Shares Her Secrets To Consistency In episode 481 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Alyse Amores, a funded trader who shares her secrets to consistency. Watch as she emphasizes the significance of risk management, the psychological aspects of trading, and the common pitfalls traders face, especially in prop trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:42 Alyse’s trading journey 03:32 Learning and mentorship in trading 04:32 When did she start becoming profitable? 07:36 Current trading style and strategies 10:55 Using indicators vs. price action and volume 12:31 Transitioning to funded trading 14:31 The difference between trading futures and forex 15:41 Managing capital and risk 18:11 Setting goals and managing expectations 19:21 What are her rules for drawdowns/risks? 20:52 Benefits of having multiple positions per trade 22:11 Common mistakes in risk and prop trading 24:02 Biases and trading psychology 27:20 Implementing change and discipline in trading 28:59 Where to find Alyse Amores (links 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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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 Alyse Amores Twitter: @alyse_themv Instagram: @alyse_themv What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Full-Time Trader Secrets To Making A Living Trading 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. >> Watch the video recording! 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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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!