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

Etienne Crete
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Jun 19, 2017 • 21min

097: How I Got To Trade Forex And Travel - Etienne Crete | Trader Interview

This is a special edition of the Desire To Trade Podcast. In episode 97 of the Desire To Trade Podcast, I get interviewed by George Papasov and share my experience on how I got to trade Forex and travel. I recorded with George a two-part interview. In the second part (this podcast episode), I get interviewed. George asks for my best tips for traders who look to trade Forex and travel. If you haven't listened to the first part in which I interview George, check it out here. I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews.Share This! "I spend more time waiting than trading" - Etienne Crete In This Episode, You'll Learn… How & why I got started in Forex trading. The results of my first trip and what I changed for my 2nd trip. My #1 advice for traders who want to travel. What happens when you get back home after a trip where you trade Forex and travel. My trading and traveling routine & strategy How I set my stop loss with percentages and why that's essential for my success. How you need to see this business today if you want to trade Forex and travel while you trade for other people. And much more! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy Resources Mentioned In This Episode One-Page Trading Plan Template: my 1-page template that simplifies your trading and is proven to keep you focused! What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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Jun 12, 2017 • 25min

096: Trading While Traveling & Professional Futures Trading Tips - George Papasov

This is a special edition of the Desire To Trade Podcast. In episode 96 of the Desire To Trade Podcast, I sit down for an interview series with George Papasov, a professional futures trader who spent a considerable amount of time trading while traveling these past months. I recorded with George a two-part interview. In the first part (this podcast episode), I interview George and ask him his best tip for traders who look to trade and travel. However, we also touch on topics that you guys asked me to cover in the Facebook group. Those include trading routines, strategies used, advice for struggling traders, and much more! If you haven't listened to the first interview I did with George, I recommend you take a look first at episode 066. This covers George's background as well as what he did to get to the level of trading futures professionally. I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! "I've never lost a trade I haven't taken." - George Papasov In This Episode, You'll Learn… What is George's background and how he got to trade profitably How George built his mobile trading desk A professional futures trader's advice on day trading while traveling The trading strategy George uses on a daily basis How/when to change the position size for a strategy that underperforms The pre-trading routines recommended for day traders The post-trading routines recommended for day traders What you need to know before jumping into the futures market How to use correlations in the futures market The best advice if you are STILL losing money trading And much more! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find George Papasov? TRADEPRO Academy Youtube Facebook Twitter What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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Jun 5, 2017 • 33min

095: A Forex Trader's Knowledge On Trading Other People's Money - Rauan Khassan | Trader Interview

In episode 95 of the Desire To Trade Podcast, I interview Rauan Khassan, a hard-working Forex trader who has been involved in the market since 2011. Rauan has been through the various steps of successful Forex trading, and has been able to get to a level where he trades other people's money. In September 2015, Rauan joined TradingView, a leading social trading network that unites more than 1,500,000 traders online, where he oversees regional versions development. In this interview, we tackle the Rauan's role at TradingView. He has seen first-hand how strong the gap is between being a great analyst and a great trader. His perspective on the currency market and trading other people's money make Rauan an excellent guest to go through how he was able to step into managing money. If you have a full-time job, this is an episode you don't want to miss! Rauan explains how he is personally involved in day trading while working at TradingView. He goes in-depth on the topic of reaching our personal trading targets month by month. He shares how he manages to trade both a conservative and aggressive trading strategy. That is a sure way to help you reach your trading goals faster. I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Mistakes comes from a very serious problem, people tend to overestimate their knowledge and underestimate their potential of being wrong." - Nassim Nicholas Taleb "Being a good analyst helps you become a good trader, but being a good analyst does not guarantee you'll be a good trader." - Rauan Khassan "Publishing your ideas is a good way of the self-organization." - Rauan Khassan "Don't underestimate the importance of consistent trading." - Rauan Khassan In This Episode, You'll Learn… One big change that Rauan made in his trading to feel better How Rauan started to trade for other people Why successful Forex trading is about giving up or accepting the returns Why it's crucial for a Forex trader to have multiple accounts How to use Darwinex & how it works to manage money as you trade How to create an aggressive and conservative trading strategy for yourself The CRUCIAL difference between being a great analyst and a trader How to use the risk/reward ratio for best results in Forex trading And much more! Resources Mentioned In This Interview Trading View: this is the must-use Forex charting website I use on a daily basis. Darwinex: website discussed in the interview for trading other people's money. DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Rauan Khassan? Facebook Trading View What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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May 29, 2017 • 32min

094: Tactical Trading Advice You Need To Hear & Trading Crypto-Currencies - Gino Topini

In episode 94 of the Desire To Trade Podcast, I interview Gino Topini, a Forex, stocks & crypto-currency trader based in London, UK. This man is one of the smartest traders I've met. Gino has what I'd call a master drive to speed up his success in trading and he does it the right way. While I met him at the China Forex Expo in Shenzhen, I understood that Gino has taken sort of the "smart way to successful trading", which is very uncommon to start with. Starting to trade in 2007, he decided to go on his own in his trading Forex trading journey, and therefore spent more time studying and practicing his craft in the market on a daily basis. Gino is also the co-ower of a business named Mj Web Studio LTD, which specializes in SEO, copywriting and web development. That is an excellent example of creating multiple streams of income and not putting all your eggs in one basket (one of Gino's advice). Throughout this interview, we went together for the basic of trading that the trader so often tends to forget. Gino shares his personal ways of trading currencies, how he came up with winning trading strategies and some deep knowledge of crypto-currencies, mainly Bitcoins, as nowadays the market seem to offer a great opportunity for profit. Here's a key takeaway: "Trading is about loving what you are doing, interact with best traders and trying new strategies." I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Do not put all your eggs in one basket, diversify what you do and surely you won't have any trouble in the future." - Gino Topini "Every trader is different from another, so everyone needs to find its own strategies to trade." - Gino Topini In This Episode, You'll Learn… How to start trading (and take it seriously) The easy way to diversify your trading How Gino dealt with the fear of losing real money How long-term & short-term trading methods vary Why & how to create your own trading strategy What the process of continually testing trading strategies look like How you can get disciplined to just follow the plan How to run a business & trade at the same time Why Gino insists on having a business (not a 9-to-5 job!) How Gino Topini trades crypto-currencies on eToro Resources Mentioned In This Interview eToro Gino used this social trading network for his trading Forex Trading Italia Bitcoin DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Gino Topini? Mj Web Studio LTD LinkedIn Facebook What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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May 22, 2017 • 34min

093: The Routines & Rituals Of Top Forex Traders For Optimal Trading Results - Stacey Burke

In episode 93 of the Desire To Trade Podcast, I interview Stacey Burke, a Forex trader who has learned about trading the hard way while blowing up some small accounts and making all the mistakes most losing traders make. Through that process, however, he has able to identify where the real problems were in his trading and how he could finally turn the corner to become one of the few profitable traders. Coming from a sporting background in ice hockey and Ironman triathlon, hard work and a competitive nature are some of the attributes he believes are necessary to succeed in Forex trading. Stacey gives credit to other great traders for his success. Brent Penfold's advice on being "the best loser", but he also implemented things in his daily routine to help him continually keep getting better at the process of trading. Like Mike Bellafiore says "how good can we get?" Here's a key takeaway: "Trading mastery is a journey, not a destination. Focus on constant progress, NOT perfection." (click to tweet!) I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "If you know the enemy and know yourself, you need not fear the result of a hundred battles." - Sun Tzu "Focus on being a good loser and having asymmetrical risk/reward opportunities." -Stacey Burke "Keep it simple and learn how to lose." - Stacey Burke In This Episode, You'll Learn… How Stacey went through 10 years of losing trades without stopping - and how he recovered The Forex trading habits and rituals that Stacey go through on a daily basis How to really learn from other traders - because you can't simply copy Why expecting to lose trades is powerful The importance of having a solid trading journal and how Stacey does his Some of the best lessons from traders around the world Why teaching and sharing makes you a more successful Forex trader The more you trade the more you are likely to make mistakes How Stacey uses paper notebooks - I do the same! One thing Stacey wished he knew when he started to trade How to create an asymmetrical edge in the market And much more! Resources Mentioned In This Interview Edgewonk: the trading journal Stacey and many traders use on a daily basis. Enter "dtt20" at checkout to get 10% off and a 3-month complete membership of the Desire To TRADE Academy. Dr. Brett Steenbarger's blog: a great resource to grow in the field of trading psychology with daily content. Peter Brandt: a trader Stacey gives a lot of credit to for sharing his experience and knowledge. DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Stacey Burke? Stacey Burke Trading Twitter YouTube What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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May 15, 2017 • 36min

092: Making Money Trading With A Strong Portfolio - Kiana Danial

In episode 92 of the Desire To Trade Podcast, I interview Kiana Danial a trader with a special emphasis on building her portfolio over time. She is helping people grow their wealth by investing. Here it's not a matter of getting rich quickly. Instead, Kiana looks at the market from a long-term perspective and that's how she saw most of her success in trading. What's most interesting about Kiana's trading style, however, is that she is still very involved in the market. She usually knows what's going on and what it's best to look at. Kiana confirms the idea that successful trading isn't a full-size-fits-all activity. You cannot expect to succeed by copying other people. As a matter of fact, those who see the most success in trading understand who they are. I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Patience is a profitable virtue" - Kiana Danial "Know yourself, know your financial situation, know your goals, and know your portfolio" - Kiana Danial In This Episode, You'll Learn… How she started to trade from Japan and made her first $10,000 in one trade How Kiana sees trading as part of her financial plan How she realized day trading wasn't for her Why the odds are against you in day trading How to find out your risk tolerance Defining the type of portfolio you own Whether to consider fundamentals vs. technicals in various markets How to evaluate your trading portfolio & do market reviews What happens when you add to your positions (i.e. scaling in) Taking partial profits & what it does to your trading account. Why you can't copy people and expect to succeed in trading Resources Mentioned In This Interview Free Masterclass: Make Your Money Work (a free training offered by Kiana) DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Kiana Danial? Swing Trade Setups Facebook Twitter What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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May 8, 2017 • 37min

091: Grinding Daily Profits In The Market - Mike Tedeschi

In episode 91 of the Desire To Trade Podcast, I interview Mike Tedeschi, a day and swing trader running a portfolio as well as a trading chatroom. At the time of the interview, he has been trading for himself for over 6 years. Mike looks at the investment world through a contrarian lens. By going against the herd, he positions himself to achieve the largest possible returns in the quickest time frame with the least amount of risk. One of the topics we touch on is the need for a trading plan. Mike, like me, has also been developing a trading playbook that contains multiple trading strategies he uses on a daily basis based on how the market moves. We also touched on the topic of trading alerts. As the main takeaway, you can make money in the market without being involved in the market at all times. There are times when the market isn't producing anything worth trading and that is where you need to be able to step away. There are absolutely no reasons to go in the market when there are no trades. I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Prices are never too high to begin buying or too low to begin selling" -Jesse Livermore "If you can't make money on the leaders, you can't make money in the market" If you treat trading like a hobby it's going to pay like a hobby. There are no reasons to go in the market when there are no trades. In This Episode, You'll Learn… How Mike started to trade from Japan The types of mistakes traders make at the beginning The 3 most important aspects of trading How to overcome the fear of losing money The analogy of flipping a coin in risk management EXACTLY how Mike trades intraday and swing How Mike uses a trading plan, playbook, and checklist The types of behaviours that are costing most money to traders Why Mike doesn't give that much importance to backtesting Why you can't rely on news to trade at all times Why you can't look at the market as an ATM How to avoid trading all the time - how to use alerts like a pro! How to increase your ratio of successful trades And much more! Resources Mentioned In This Interview FINVIZ: a free financial visualization tool (i.e. mostly stock screener) DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Mike Tedeschi? Swing Trade Setups Facebook What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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May 1, 2017 • 33min

090: Creating Strong Systematic Trading Strategies - David Bergstrom

In episode 90 of the Desire To Trade Podcast, I interview David Bergstrom, a trader and a pro when it comes to creating strong systematic trading strategies and testing them. David has been developing a software that helps traders test trading strategies in a matter of a few hours, so I was curious about the process he undertakes to truly validate an edge in the market. Trading over 100 strategies at this point, David also has a solid process he goes through wen it comes to deciding what exactly to trade. That is a great lesson for any trader. I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Test everything" - David Bergstrom In This Episode, You'll Learn… The jump from manual to automated trading How David tests everything he trades How to trade over 100 trading strategies on multiple markets The lessons David got from Wall Street The importance of having different types of trading strategies The type of trading strategies that work well with algorithmic trading How you do one thing is the way you do everything. And much more! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find David Bergstrom? Website Twitter Email What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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Apr 27, 2017 • 11min

3 Reasons You Should And Shouldnt Use TradingView As Your Charting Platform

Several months ago, I stopped using my favorite charting platform - Meta Trader 4 at the time - to do all my technical analysis on TradingView. After being asked on several occasions, I thought it was time for me to come up with a TradingView review and to discuss the things I like and don't like about the online charting platform. What Is TradingView? To start with, I just want to ensure I eliminate the confusion about what TradingView is and isn't. In short, it's an online portal with charts...but it doesn't stop there. TradingView is an entire social/trader's network where anyone can publish a trade idea. For some notable people to follow (if you have any recommendations, let me know!): Akil Stokes - https://www.tradingview.com/u/Akil_Stokes/ Jason Graystone - https://www.tradingview.com/u/J_Graystone/ Etienne Crete (yeah, that's me) - https://www.tradingview.com/u/EtienneCrete1/ The first thing I must point out is that TradingView is accessible pretty much anywhere (by that I mean it isn't blocked in China, and you can access it even from a mobile device). 3 Reasons To Use TradingView Ability To Draw Anything On Any Chart I'm a really visual person, and I felt kind of limited by the idea that I could only draw horizontal/vertical lines in Meta Trader 4. I know there are a couple of different shapes and other tools in Meta Trader, but TradingView is way ahead. Whenever I want to explain something to someone or draw for my own reference (where I think the price will go), I take the pen inside TradingView to draw freely. Not only that but literally all the trading tools you could ever think of placing on your chart are there. Not that I'm a fan of complicating things, but I know people who have complicated trading styles. Although it can be challenging to draw with a computer mouse, you end up getting used to it, and that allows you not to forget anything anymore. Ability To Split Your Screen Into Many Synced Up Charts Depending on your trading style, you might need to look at multiple time frames prior to entering a trade. That can be a real pain! Often you need to click a button and switch back and forth between the time frames. Or, you can open up multiple charts in advance, in which case your drawings/indicators will only appear on one chart. TradingView makes looking at the timeframes much easier by allowing you to see multiple charts on the same screen. What's even better is that your drawings can be synced up on all charts if you choose to. Then, whenever you look at various currency pairs from your watchlist, you can lock the timeframes you selected so that they remain the same whatever you look at. That's probably my favorite thing in TradingView! But there's one more thing I want to mention... Accountability By Publishing Your Trade Ideas Accountability is precious. I've personally seen traders significantly improved when they started sharing what they were doing with other traders. Some experienced traders even go as far as sharing their stats every month with their wife or husband. That way they feel accountable to someone, and it pushed them to work harder. What's great is that, in the case you don't have anyone to keep you accountable, the online world becomes an amazing resource. TradingView has a social function through which you can publish trade ideas. Those ideas are images of potential trades based on your analysis. Publishing those trade ideas forces you to make sure that you respect the analysis part of your plan. And the fact that TradingView is such a big platform makes it very likely that people will interact with your trade ideas, perhaps creating an opportunity for you to learn from other traders as well. 3 Reasons Not To Use TradingView You Have To Pay For Some Basics Features As TradingView offers some amazing features, a fraction of them is reserved for paid members. For instance, a screen with multiple charts will require you to purchase a Pro subscription. For me, that's not much of a problem because I expect I'll need to pay if I want a very solid tool. However, it has to be mentioned as one of the reasons new traders may abstain from using TradingView. You'll Need To Have 2 Platforms At All Times TradingView by itself isn't a trading platform through which you can place trades. While it is true that TradingView associated with some brokers like Oanda and FXCM, in most cases you won't be able to enter your trades from the charting platform itself. That means you'll be required (pretty much all the time) to use your broker's platform in addition to TradingView. It can be a bit confusing at first, especially when you're used to doing everything with one platform. Charts Don't Always Sync Up One of the troubles I have seen on TradingView is that you never really know whether the drawings you made on your chart got saved. Sometimes, closing your browser too fast makes you lose all your recent analysis work. TradingView Plans Right now, TradingView offers 4 plans with different advantages. Although I am aware that these plans might change, here's a quick breakdown of what they include at the moment: Free: good for one chart at a time with indicators. Pro: great option to start and add a few more features to your experience (at $9.95/month) Pro Plus: pretty much all the features a trader could need and it's unlimited (that's the plan I'm on) Premium: includes a couple of fancy features such as SMS alerts Is TradingView For You? For me, I think it became a must. When I travel, there's no way I'll run Meta Trader 4 on my Mac as it consumes way too much battery. Having a website I can easily access makes it easier to load a chart quickly and close it whenever I want. I can draw anything and share it with "anyone" (I include my trading journal in 'anyone'). However, if you're always trading at home or on a PC, TradingView might not mean the same thing. It's up to you to see whether you'll truly benefit from it - although I doubt you won't. You Turn... I hope this TradingView review has helped you understand what that tool was all about. I could go on and on talking about the things I like about the platform, but there are also other things not to like. That's why I need your help! Are you an active user of TradingView? What do you like/dislike about it? Comment below and we can chat! Disclosure: I am not paid by TradingView to write this post. I just love the tool :) This post may contain affiliate links. I may receive a small commission if you choose to purchase something from a link we post. Don't worry, it won't cost you anything. This small percentage just helps me produce more content and shows me you care about what I do. I'll always appreciate your support!
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Apr 24, 2017 • 51min

089: The 3 Pillars of Your Success in Trading - Mandi Pour Rafsendjani

In episode 89 of the Desire To Trade Podcast, I interview Mandi Pour Rafsendjani, a trader & coach that was recommended to me by a listener of the podcast. Mandi shared some really important insights on what she considers to be the pillars of your success in trading. She has already helped and coached a lot of traders by showing them why they act a certain way and how to evolve to the next level of trading. What amazes me the most is how Mandi simplifies the things that make traders successful into a 3-part framework, which she detailed during the interview. More About Mandi Pour Rafsendjani Mandi Pour Rafsendjani has been an active trader in the financial markets for over 15 years, trading a variety of instruments such as Equities, Futures and CFD's (SNP500, Dow Jones [Emini], XJO, DAX, Commodities and Forex). Today she is not only an active trader specializing in the German DAX and Forex, she is also a highly trained coach helping traders worldwide on the subjects of Trading Performance, Strategy Improvement, Increasing Profits, releasing Blockages around Money and Self-Sabotaging Behaviour, applying cutting edge tools from Neuro-Linguistic Programming (NLP), Meta Dynamics ™, Neuro-Science and Behavioural Finance blending in elements from Buddhism, Mindfulness and Yogic Principles. I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! Top Quotes From This Interview "Every successful trader has a dark past & every losing trader has a bright future." "Tell me your goals and I know your dreams, tell me your standards and I know what you'll achieve in life." "Be efficient with your time and show kindness to others." In This Episode, You'll Learn… What a trading strategy should be composed on. How to really trade for your personality. What the 3 pillars of your success in trading are. Mindset, Behavioral finance, Performance. How to work on each pillar of success. How to focus on the process. The importance of not getting down on yourself for the lack of success. How you do one thing is the way you do everything. And much more! What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group! Resources Mentioned In This Episode Book: Rich Dad Poor Dad by Robert Kiyosaki Book: Thinking Fast & Slow by Daniel Kahneman Author: Steve Ward (I personally recommend TraderMind) DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Mani Pour Rafsendjani? Website Facebook LinkedIn Twitter

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