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

How to Trade Daily Charts for a Full-Time Income In episode 498 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Marc Walton as he discusses how to trade daily charts for a full-time income. Marc emphasizes the significance of planning, risk management, and the psychological aspects of trading, particularly the need for patience and discipline. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:33 What's new with Marc Walton 02:51 Adapting to market changes 09:33 Simplifying trading strategies 12:11 Understanding market conditions 17:43 The importance of planning 24:45 Managing risk and stop losses 28:10 Patience in trading 30:31 How to find Marc Walton (links below) 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 Marc Walton forexmentorpro.com Twitter: @marcwalton What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

The Resilience Mindset of Top Traders In episode 497 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Paul Wallace who discusses the resilience mindset of top traders. He talks about the importance of adapting to market changes, the necessity of debriefing trades, and understanding the four M's of trading success: markets, method, money, and myself. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:58 What's new with Paul Wallace 02:03 The importance of mental toughness in trading 04:02 Dealing with negative thoughts 06:11 Developing mental toughness 07:47 Adapting to market changes 11:19 The art of debriefing and learning from trades 14:03 Reviewing your winning trades 15:50 Understanding the four M's of trading success 18:29 Common trader mistakes 20:45 The myths and realities of trading 22:24 How to stay motivated 24:38 Where to find Paul Wallace (links below) 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 Paul Wallace Twitter: @FXTraderPaul tradingbeliefs.com/resources Linktree: linktr.ee/tradingbeliefs What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

"From $50,000 in Debt to Profitable Trader – His Shocking Journey" In episode 496 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Tony Pawlak who shares how he went from $50,000 in debt to a profitable trader. Tony shares his journey from struggling to a successful full-time trader and mentor at Real Life Trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:53 Tony Pawlak's trading journey 04:52 His greatest lesson from his biggest losses 09:03 Overcoming challenges in trading 13:37 Why he chose to go back to trading 14:54 Moving from day trading to swing trading 17:43 Trading credit spreads 21:23 Defining his contract per account size 26:38 Strategies and techniques for success 29:28 Where to find Tony Pawlak (link below) 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 Tony Pawlak reallifetrading.com 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 Reveals His New Strategy In episode 495 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Scott Welsh, a full-time trader who reveals his new strategy. He discusses the challenges of drawdowns in trading, the appeal of consistent income through dividends, and his strategies to generate income. He also touches on using margin in trading high-yield stocks and offers advice for those looking to start investing in this area. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:55 Who is Scott Welsh? 05:26 Transitioning from forex to futures 06:40 The drawdown dilemma 09:48 Exploring high-yield dividend stocks 13:44 Dealing with ETFs volatility 16:27 Setting up his investments 19:33 Strategies for income generation 21:13 Fees for ETFs 22:24 Scott's portfolio 25:46 Understanding margin and risk 27:02 The importance of starting small 28:19 Getting started with high-yield investments 30:51 What are the capital requirements? 32:49 Where to find Scott Welsh 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 Scott Welsh scottwelshstrategies.com Email: scotwelsh@gmail.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Why You're Not Consistently Profitable… Do This Instead (1-Hour Masterclass) In episode 494 of the Desire To Trade Podcast, we will be listening to a 1-hour masterclass compilation from past interviews. You'll learn everything you need to do if you've been asking why you're not consistently profitable. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:59 Steven Goldstein: Become a risk taker 14:01 Michael Toma: Surround yourself with the right people 19:59 Dave Floyd: Learn to specialize 30:52 James North: Don't underestimate trading psychology 34:10 Andrew Aziz: Desire to go through the learning curve 40:11 Ray Barros: The pillars of good trading 43:41 Ali Crooks: Don't fall for information overload 52:20 Brian Shannon: Have a bread-and-butter strategy 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!

The Mindset of a Millionaire Trader In episode 493 of the Desire To Trade Podcast, we will be listening to the recording of an interview with trading psychology expert, Rande Howell, as he discusses the mindset of a millionaire trader. Explore the importance of understanding emotions, mindfulness, and the psychological factors influencing trading decisions. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:47 What's new with Rande Howell? 01:22 What stops traders from following their plan 04:44 The reason for repetitive trading mistakes 07:17 The role of emotions in trading 12:13 Emotional regulation and mindfulness 18:06 The importance of self-mastery 18:31 How fundamental beliefs influence a trader 23:29 The psychology of winning and losing 26:29 Learn to have a probability-based mind 30:13 Gender differences in trading psychology 32:52 Staying on track during a losing streak 36:21 Strategies for overcoming trading challenges 41:11 Where to find Rande Howell (link below) 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 Rande Howell tradersstateofmind.com What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Walter Peters, a full-time price action trader renowned for his expertise in risk management, unveils the secrets to trading success. He discusses the evolution of risk management, emphasizing the importance of adapting strategies to market conditions. The conversation highlights the role of price action, trading timeframes, and the psychological resilience necessary for success. Walter also explores the future of trading, including the potential of cryptocurrencies, while urging new traders to focus on self-mastery and the significance of having accountability partners.

[spp-player url=''] Systematic Trading For A Living In episode 491 of the Desire To Trade Podcast, we will be listening to a 1 hour masterclass compilation from past interviews. You'll learn everything you need to know from the pros on what it takes to be a consistently profitable trader. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 01:02 Akil Stokes: Even The Best Trading System Won't Make You Consistent 10:06 Andrew Mitchem: Dedication Over Chasing Money 16:37 Alyse Amores: Quickly Correct Your Mistakes 29:14 Peter Varcoe: There Are Only Probabilities In Trading 34:31 Andres Granger: Have Passions & Side Incomes Beyond Trading 43:00 Jason Graystone: Discretion Comes Over Time 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!

Systematic Trading For A Living In episode 490 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Laurens Bensdorp who talks about systematic trading for a living. He highlights the role of programming in developing trading systems and offers resources for aspiring traders, including his books on systematic trading. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:43 Traveling while letting systems run 01:46 Laurens' journey into systematic trading 05:54 Transitioning from discretionary to systematic trading 07:34 The role of risk tolerance, objective, and personality 09:43 Insights on simple vs. complex strategies 12:44 Developing his strategies 13:47 The importance of strategy diversity 17:15 Risk management and strategy allocation 18:28 Keeping the strategies running 24/5 21:22 Deciding when to stop using a strategy 25:03 Coding strategies and the role of programming 27:01 Where to find Laurens Bensdorp (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 Laurens Bensdorp tradingsystems.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 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!