Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

The Reality of Profitable Full-Time Trading - Brent Penfold In episode 413 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Brent Penfold, discussing the reality of profitable full-time trading. Are you on the verge of losing capital? You're about to hear the best advice about risk management and full-time trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:56 What's new about Brent? 04:39 How to avoid making your drawdown worse 09:27 Brent's advice for beginner traders on minimizing losses 15:30 Evidence-based trading 21:15 On strategies that don't perform as expected 26:18 Learning to trade multiple systems 35:44 Taking discretion off of trading 37:53 Looking at a 10-year period in the market (video link above) 42:29 Euro example (must watch - video link above) 48:55 Where to find Brent Penfold (book 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 How To Find Brent Penfold? Brent's books: The Universal Principles Of Successful Trading The Universal Principles Of Successful Trend Trading What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Learn from a seasoned day trader's experience and tips on patience and discipline. Insights on channel formations, momentum measurement, and quad rotation rules for successful trades. Advice on coping with burnout, staying in the market, and preparing for a potential recession. Discover the importance of mastering trading patterns, managing emotions, and navigating market lulls for profitable trading strategies.

Exploring million-dollar trader secrets with Ray Barros, discussing mindset vs. strategy, journaling techniques, AI for long-term learning, recession impact on currencies, prop firms, making money from trading, and the truth about risking too much.

  Funded Trader's Success Story - Kaci Jackson In episode 410 of the Desire To Trade Podcast, we will be listening to the recording of an interview with 5%ers funded trader, Kaci Jackson. Watch this funded trader's success story to learn how to start strong and keep making money from trading prop firm accounts. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:30 Who is Kaci Jackson? 01:10 Managing trading and a full-time job 02:33 How she started trading 05:21 Where did she learn trading from? 06:17 What brought her to prop firms 07:19 Kaci shares her first prop firm experience 09:12 Passing prop firm challenges 10:14 What about people who fail prop firm challenges? 11:40 The pressures of trading for prop firms vs. trading her own account 12:38 Being in a community with other traders 13:49 Kaci's trading style 16:13 Switching to a longer time frame 16:37 Advice on trading timing 19:11 Adapting risk-per-trade 19:54 Tips on journaling your trades 21:07 Keeping capital in prop firms vs. those who lose it over time 22:53 Taking a step back from trading 24:06 Kaci's next target 📈 26:48 Is it possible to be a good trader without big drawdowns? 27:49 Advice to traders who want to get funded by prop firms 29:40 Where to find Kaci? (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 How To Find Kaci Jackson? YouTube: @KaciJackson What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

The Story of Profitable Prop Firm Trader - Dave Hale In episode 409 of the Desire To Trade Podcast, we will be listening to the recording of an interview with the legendary day trader Dave Hale as he shares his story as a profitable prop firm trader. Get the best advice on building your trading capital through prop firms. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:32 Who is Dave Hale? 05:52 How did he start trading with prop firms? 07:36 Strategies that helped him become profitable 12:24 Adapting from trading for prop firms to trading by himself 14:03 The secret to continuing trading for more than 20 years 16:45 What's Dave's trading style? 20:20 Trading strategies with low risk and huge rewards 22:17 Dave's trading routine (2 to 3 hours only) 26:14 What's his motivation for writing a book about trading? 28:59 Where to find Dave Hale? (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 How To Find Dave Hale? Dave's book Reminiscences of a Day Trader Website: david-hale.com Twitter: @creamtrader What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Trading Full-Time & Managing A Private Fund - Ali Crooks In episode 408 of the Desire To Trade Podcast, we will be listening to the recording of an interview with the legendary Ali Crooks. He talks about trading full-time & managing a private fund. Many traders start great but don't end well. Listen to this podcast to learn it straight from a long-term trader who made it happen! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:34 Updates on Ali Crooks 01:55 Ali's biggest cash-winning week 05:13 Getting a "paycheck" from trading 06:19 How to address two trading mindset issues 09:02 Ali's journaling routine 13:48 Keeping it simple 14:13 How often Ali takes breaks from trading 16:22 Having the right trading routine 18:30 Tips on managing trading, education, and other aspects of life 22:43 Making time for growth 24:19 Planning your day and time-blocking 26:15 What to focus on to become a better trader 30:14 Understand "you" as a trader 31:55 Backtesting vs. live feedback 35:06 Ali's advice: Owning what you do 37:55 Where to find Ali Crooks (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 How To Find Ali Crooks? www.traderssupportclub.com YouTube: @TradersSupportClub Social media: Ali Crooks / Alistair Crooks What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

  Secrets of a Funded Prop Trader - Gary Langley In episode 407 of the Desire To Trade Podcast, we will be listening to the recording of an interview with "The Scruffy Trader", Gary Langley, and he shares the secrets of a prop firm trader. Watch this interview for high-value prop trader advice. 📈 The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:22 What's new with Gary? 00:54 Trading with the 5%ers 02:13 What's the difference between prop firm traders who fail and succeed? 04:48 Focusing on the process vs. P&L 06:44 Advice to new traders 08:52 The secret behind emotional stability for traders 11:31 How Gary feels about trading bigger accounts 15:01 On "revenge trading" 16:32 How often he reviews his P&L 18:27 What happens when you look at your P&L too often 21:15 Scaling into your trades 24:58 Gary's advice on stop loss 33:06 Where to find Gary Langley (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 How To Find Gary Langley? YouTube: @TheScruffyTrader Twitter: @ScruffyTrader  Facebook: The Scruffy Trader What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

  Real Habits Of 7-Figure Forex Traders - Jason Graystone In episode 406 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Jason Graystone and he talks about real habits of 7-figure forex traders. Beginner or long-time trader? You'll get tons of golden advice from this interview! 📈 The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:41 What's new with Jason? 01:59 On switching between discretionary and systematic trading 04:29 Taking advantage of discretion in trading 06:22 How to avoid being bored with your trading system 09:02 Advice on handling drawdowns 11:38 Trading chart patterns systematically 14:50 How to add more trades without sacrificing strategy 15:45 What does it take to learn how the market behaves? 17:53 "Rules" for discretionary trading 19:21 How to figure out the level that works in the market 20:26 Things to do outside trading hours 21:40 Online or paper journaling? 22:00 The "thermostat" analogy 23:02 Being more aggressive and confident in your trades 24:51 Tips on journaling 26:30 On qualitative analysis... 27:20 Common mistakes among traders 29:07 Working on under-trading 31:08 How do time zones affect a trader's performance? 33:15 Cutting down options for better results 35:32 Jason's advice on building capital 37:27 When to add more money to your account 39:33 Where to find Jason (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 How To Find Jason Graystone? www.jasongraystone.com YouTube: @JasonGraystone What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

  Consistently Profitable Mindset & Trading Techniques - Adam Grimes In episode 405 of the Desire To Trade Podcast, we will be listening to the recording of an interview with expert trader, Adam Grimes and they talk about consistently profitable mindset & trading techniques. How does psychology in trading help you get better results? There's a lot to learn from this interview! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:50 What's new with Adam? 02:31 Switching focus from systematic trading to trading psychology 05:49 Balance between trading psychology and your trading process/results 08:01 Discipline in trading 10:23 Defeating overtrading or taking profit too early or late 15:19 What makes trading difficult? 18:31 Overcoming fear in trading 24:21 Looking for targets 32:34 "Null" probability or "drift" probability 38:42 Catching the big moves in the market 39:51 Adam's thoughts on looking at trends 43:02 Dealing with the fear of missing out 44:36 Adam's advice when going for 1-hour targets 46:29 Where to find Adam Grimes (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 How To Find Adam Grimes? Adam's blog: www.adamhgrimes.com Twitter: @adamhgrimes Daily Market Analysis videos: www.marketlifetrading.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

  Trading Mindset Tips From The Expert - Andrew Menaker In episode 404 of the Desire To Trade Podcast, we will be listening to the recording of an interview with expert trading psychologist Andrew Menaker for some trading mindset tips. Learn how to detach your self-worth from your trades and a lot more powerful mindset principles to improve as a trader. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:31 Who is Andrew Menaker? 01:11 Seeking a psychology expert for trading 01:40 Training yourself to win trades 02:56 Duration of winning and losing 03:55 How to detach your self-worth from your trades 07:33 How your personality influences trading 9:31 What to do with personality traits hurting your trading 10:38 Training yourself to hold trades 11:54 How to create a strategy that works for you 13:31 The importance of trading psychology 15:00 Traders who don't believe in psychology 15:42 What helps improve traders who have been losing money? 17:59 Putting too many trades into a good process 19:11 Finding out what works best as a trader 20:09 "Your personality dictates your trading style" 2108: Andrew's thoughts on focusing on one strategy 22:02 Advice on patience for trading 23:57 Trading on different days of the week 24:47 Getting the most of post-trade journaling 26:45 Benefits of pen-on-paper journaling 27:23 Pre-trade journaling tips 29:59 Andrew's advice on trading psychology 31:18 Difference between retail traders who get good results and those who don't 32:44 Traders' commitment to trading psychology 34:02 Where to find Andrew Menaker? (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 How To Find Andrew Menaker? www.andrewmenaker.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!