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

Trading Success Story From The Pit In episode 222 of the Desire To Trade Podcast, I interview Market Wizard, full-time trader and ex-hedge fund manager Linda Raschke. Linda, while being extremely good at scalping the markets, has a very interesting story of how she went from trading at a physical exchange to moving on her own and then starting a hedge fund. She recently published her book titled "Trading Sardines: Lessons in the Markets from a Lifelong Trader" available on her website https://lindaraschke.net >> Watch the video recording! In This Episode, You'll Learn... How did Linda start her trading career 01:51 1 important thing that Linda learned early in her career 04:50 What Linda learned about herself while writing her new book 09:19 Why Linda has so many notebooks full of texts from her trading 10:50 How different traders go around "Journalling" their trade ideas and notes 13:35 How did Linda build her own Hedge Fund 14:58 How themes changed and Linda adapted to it on the institutional space 16:37 The new trends for trading and managing money (OPM) 18:13 Linda's advice for people who want to manage money for others 19:24 What investors look for when approaching a money manager 21:35 Linda´s daily habits - What keeps her at the top level 22:54 How does Linda manage to trade the full US session? 24:12 Linda's trading style 25:08 Why Linda doesn't care about "missing" trades 28:48 The reality fo developing an edge on the markets 30:52 The great value of experience in the markets 34:17 Where to find Linda 37:20 What is in Linda's future 39:58 Linda's top advice for traders - "It's an endurance game" 41:58 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Trading Sardines (Linda's new book) DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (special signup offer) AxiTrader (use our link to get a special bonus) SCM (Scandinavian Capital Markets) 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 Where to find Linda Raschke! LindaRaschke.net 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!

The Best Price Action Trader In The World In episode 221 of the Desire To Trade Podcast, I sit down for a 2nd time with price action trader & scalper Al Brooks. Al is an absolute legend when it comes to price action. He wrote several books on his findings after studying and trading price action for several years. >> Watch the video recording! Watch my first interview with Al Brooks (2 years ago) In This Episode, You'll Learn... Who is Al Brooks and what he does 00:46 How was Al's transition to becoming a full-time trader 04:00 What has changed for Al in the past 3 years (since the last interview) 05:56 Is every market the same? or do they have their own "personalities"? 08:36 New Video Series announcement with Pepperstone 09:56 Al tells what is that attracts traders to Price Action 11:04 How Al developed overactivity in the markets 13:17 How do you keep working even when not getting immediate results 15:32 Most traders are better off letting their systems work instead of micromanaging them 21:29 What trading style Al prefers (scalping vs swing trading) 23:37 What is the best way to learn Price Action today 26:29 How to learn and research price action patterns to learn 30:00 Al Brooks experience with Trading Mentors 34:25 Even if you get a good mentor what they do has to suit your personality 41:48 What does a day in Al's life look like as a trader 44:17 Where can you find Al Brooks 48:02 Al Brooks top advice for traders 48:49 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned New Video Series with Pepperstone Brooks Trading Course DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (special signup offer) AxiTrader (use our link to get a special bonus) SCM (Scandinavian Capital Markets) 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 Where to find Al Brooks! Brooks Trading Course Twitter Facebook LinkedIn 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!

Don't Rush The Trading Process & You'll Succeed In episode 220 of the Desire To Trade Podcast, I interview Raja Zahoor known as WicksDontLie online. Raja is a Forex day trader who focuses on trading with the trend. He had very interesting advice on how you too can succeed as a full-time Forex trader. >> Watch the video recording! In This Episode, You'll Learn... "If you remove emotions from every position, it becomes really easy" 00:40 How did Raja Zahoor start to trade 01:40 What were Raja Motivations to get into trading 03:02 What learning curve Raja have to go through to become successful 04:40 Which was the turning point in Raja's trading? 06:42 How Raja determined which were the best times to trade for him, and how he stuck to them 10:29 How your trading times will depend on your lifestyle and personality 12:48 Why Raja prefers day trading over swing trading 14:44 SPONSOR: Soft4FX (manual backtesting software for MT4) 16:27 What is Raja's current trading style 17:37 Which markets Raja is focusing his trading on 19:26 Which challenges Raja faced in his transition from part-time to full-time trading 20:58 Some of the times in which Raja changed his trading because of the psychological effects of living from your trading 24:26 How do you make sure that emotions don't affect your trading too much 26:23 How did Raja find his trading personality and made tweaks to his trading 30:28 Raja's piece of advice for struggling traders 34:04 Where to find Raja 36:32 How the future looks for Raja 37:13 Raja's motivation for all he does 38:24 Raja's top piece of advice for traders 39:35 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned SPONSOR: Soft4FX (manual backtesting software for MT4) DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: AxiTrader (use our link to get a special bonus) Pepperstone (special signup offer) SCM (Scandinavian Capital Markets) 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 Where to find Raja Zahoor! Youtube Instagram 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!

The Power Of Compounding ft. Alejandro In episode 219 of the Desire To Trade Podcast, I sit down with Alejandro to talk about the power of compounding. Compounding is a great tool that has been used by legendary investors and the richest people in the world to grow their fortunes. Compounding is best seen over long periods, but in trading, there are more ways to compound your returns and grow your capital. In this live recording, we will be showing you just how much compounding can change your trading results in the long run. We will also show you ways to increase your account even faster using other people's money and we will answer your questions about trading. Ready...? Let's get started !! >> Watch the video recording! In This Episode, You'll Learn... A quick background of Alejandro, our DesireToTRADE partner 00:17 What is compounding (the basics) 02:24 Why you should use a growth plan or compounding 5:25 Viewer questions: Would you take a larger risk in a trade with more "confirmation"? 09:00 How much of our trading is algo vs manual? 13:46 What type of % return per month do professionals do? 15:27 The difference between compounding and simple interest and money management 18:30 The power of compounding 25:10 Other methods of "compounding" in trading (frow your account exponentially) 27:09 Etienne recaps the power of compounding in 3 points 30:05 Viewer questions: How to stop missing trades for your trading strategies (discretionary and systematic) 31:10 How do you decide when you are ready to go live and trade for a living 34:16 When trading algos should you modify or stop them for news events or let them run? 40:25 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Grow your Trading Capital Earn up to 100K USD in Trading Capital by taking the FTMO challenge. (Use our link to get a 5% discount) The5ers (prop firm) AxiSelect (a trader funding program of AxiTrader) Mentioned Videos: How to Draw SUPPORT and RESISTANCE Zones: step-by-step approach! Charts and Images discussed BB R Algo Portfolio Backtest Results 18:30 BB R Algo Portfolio Compounding Backtest DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: AxiTrader (use our link to get a special bonus) SCM (Scandinavian Capital Markets) 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 Where to find Alejandro Pérez! Email Twitter Desire To TRADE Academy 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!

How To Recover From Your First Drawdown In episode 218 of the Desire To Trade Podcast, I share with you how I had my 1st drawdown in the Forex market and what steps I took to get out of it. >> Watch the video recording! In This Episode, You'll Learn... Into to the podcast and updates on Etienne's trading 00:15 How Etienne's 1st drawdown happened? 03:01 Factors that lead to the drawdown 05:19 Different timezones 05:19 New strategy / Changing strategies 05:47 Lack of quality trading opportunities 06:34 Peer / Self-pressure to take trades -> take lower quality trades 07:11 Handling my 1st drawdown 07:55 Coming out of the drawdown 08:44 How to get out of your drawdowns 10:01 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Desire To TRADE Academy DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: AxiTrader (use our link to get a special bonus) Pepperstone (special signup offer) SCM (Scandinavian Capital Markets) 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 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!

Full-Time Traders With Uncommon Yet Powerful Advice! In episode 217 of the Desire To Trade Podcast, Etienne is joined by two other full-time traders and good friends. Michael Toma and Alejandro Perez are part of the Desire To Trade Team. They help students crush their trading goals inside the Desire To Trade Academy. They are both experts in their field! Michael is a pro at risk management while Alejandro knows a lot about algorithmic trading. >> Watch the video recording! In This Episode, You'll Learn... Who is Alejandro and what is his background 00:46à Who is Michael Toma and what is his background 01:56 Mike's top piece of advice for developing traders 03:07 Alejandro's top advice for developing traders 04:11 Etienne's top advice for developing traders 05:02 What are the value and use of different chart types (Renko, candlesticks, Range, Heikin-Ashi) 04:43 Viewer question: How much should you risk per trade? 14:06 How Alejandro develop his current trading style 16:18 How Mike develop his current trading style 24:50 Viewer question: ShuouldI perfect 1 strategy or expand to others? 28:45 Viewer question: What drawdown should I expect if I want to make 1% of profits per day? 36:41 Viewer question: How is Mike trading and working with options? 40:09 The biggest challenge with Mike's optios trading 43:12 Where to find the Desire To Trade Team and learn from us 44:35 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Desire To TRADE Academy DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (special signup offer) AxiTrader (use our link to get a special bonus) SCM (Scandinavian Capital Markets) 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 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!

Special 200+ Interviews Of Highly Successful Traders In episode 216 of the Desire To Trade Podcast, I sit down with Michael Toma to look back to the 200+ podcasts and 500 trading Vlogs that I made in these past years since starting DesireToRADE. We look at some of the best interviews as well as my journey developing the podcast and my own as a trader. Big thanks to all of you for listening to the podcast and watching the Vlogs, without all of you this would not be possible. Now let's get right into this special episode!! >> Watch the video special! In This Episode, You'll Learn... Welcome to the 500th Vlog and 200+ trader interviews at Desire To Trade 00:18 Did you ever expect to get to 500 vlogs and 200+ trader interviews? 00:56 Some of the interviews that Etienne really wanted and worked hard to get into the podcast 02:37 The value of listening to a variety of themes 03:19 On how to manage making vlogs, trading, and interviews on over 28 countries 04:51 How the vlogs are made (all the work and time that comes into each video) 6:15 Etienne's self thaught progress for making and editing the vlogs 07:52 Michael Toma's top 5 traders from the podcast 08:40 Navin Prithyani 08:55 Houston Truong 09:55 Mandi Pour Rafsendjani 11:01 Jerremy Newsome 12:16 Karen Foo 13:46 How Etienne's trading evolved thanks to the Desire To Trade Podcast 15:11 What are Etienne's plans for the future 16:10 What is Etienne most proud of from the journey of making the Desire To Trade podcast 19:40 The importance of meeting other traders to improve 20:24 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Top Interviews from the DTT Podcast: Navin Prithyani : https://youtu.be/i9WbeAgRUDE Houston Truong : https://youtu.be/G2QePnYQBBY Mandi Pour Rafsendjani : https://youtu.be/pslHHqBjjDM Jerremy Newsome : https://youtu.be/8KMDuBCFlds Karen Foo : https://youtu.be/bIWwxYF-2HQ DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: AxiTrader (use our link to get a special bonus) Pepperstone (special signup offer) SCM (Scandinavian Capital Markets) 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 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!

How To Get Funded In Forex In episode 215 of the Desire To Trade Podcast, I interview Forex trader and co-founder of FTMO Otakar Suffner. Here is a short intro by Otakar: "My name is Otakar Suffner. I am the co-founder of a young and ambitious company, which searches and financially supports trading talent in financial markets. Before starting the Project FTMO, I myself have traded full-time for about three years until I decided to fully commit to FTMO. Besides working, I love to spend time with my family and friends." Earn up to 100K USD in Trading Capital by taking the FTMO challenge. (Use our link to get a 5% discount) >> Watch the video recording! In This Episode, You'll Learn... Who is Otakar and what's the story behind FTMO 01:25 How they got the idea of starting a prop firm 02:53 What Otakar trades and does in his daily analysis 04:53 What makes FTMO the best online prop firm to apply for 09:25 What is the process a trader needs to do to get funded by FTMO 12:40 Where you can check the stories of some FTMO funded traders 15:09 FTMO funded traders profit split 16:45 Where does the money FTMO gives traders come frim 17:28 Otakar advise for traders interested in getting funded 18:56 What is the thing that most people complain about 21:14 What people love the most of FTMO 22:13 Where to find Otakar 22:58 FTMO goal for the future 23:21 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Earn up to 100K USD in Trading Capital by taking the FTMO challenge. (Use our link to get a 5% discount) FTMO Blog DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: AxiTrader (use our link to get a special bonus) SCM (Scandinavian Capital Markets) 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 Where to find Otakar Suffner! FTMO Website Twitter 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!

Swing Trading Algorithm: How We Built & Made It Profitable! ft. Alejandro Pérez In episode 214 of the Desire To Trade Podcast, I sit down with Alejandro to talk about the story and process we went through developing our algo portfolio and more specifically the BB R Trading Algo. >> Watch the video recording! In This Episode, You'll Learn... Topic intro 00:22 Why Etienne needed an algo 01:10 How we got to work together 04:51 Story of the Trading Assistant development 08:09 Difficulties and issues we found along the way 10:04 SPONSOR: Soft4FX (manual backtesting software for MT4) 17:05 How we determined that something worked or not in the algo18:15 How to make sure your algo is trading as it should 20:26 The importance in testing and letting go when developing a strategy 25:00 Learn from the masters and then make it yours 26:54 How Alejandro learned to code for himself 28:28 Mixing Human discretion with Algo trading (this is what top prop firms are doing) 35:13 Example results from the BB Reversal algo portfolio 42:27 The value of compounding in a portfolio 46:07 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned FXPro Quant App (free algo builder) TickDataSuite (high-quality data for algo backtest on MT4) MT4 ReportManager SPONSOR: Soft4FX (manual backtesting software for MT4) Charts and Images discussed Telegram Alert Example 8:40 BB R Algo Portfolio Backtest Results 42:27 BB R Algo Portfolio Compounding Backtest 46:07 DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: AxiTrader (use our link to get a special bonus) Pepperstone (special signup offer) SCM (Scandinavian Capital Markets) 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 Where to find Alejandro Pérez! Email Twitter Desire To TRADE Academy 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!

Ultimate Full-Time Trading Truths & Motivation In episode 213 of the Desire To Trade Podcast, I interview full-time Forex trader Merlin De Santis whom I met in Bangkok, Thailand and more recently in his trader villa in Bali. Merlin is a young entrepreneur who started a business when he was 18. He was introduced to forex trading by his friends and since then he was hooked. He sold his business to pursue trading and he now spends most of his time traveling, trading and meeting traders around the world. His learning path was not easy, while he made lots of money at the start he quickly lost it all and realized the reality of trading. From there he has been working hard developing as a trader and improving constantly, leaving the trading lifestyle. >> Watch the video interview! In This Episode, You'll Learn... Who is Merlin De Santis and where he comes from 00:37 How did Merlin start to trade 01:35 What Merlin did to learn and improve his trading 04:15 How to approach people to meet and learn from them 05:11 How does Merlin trading style look like 07:12 How to actually follow your trading plan 10:04 How Merlin recommends developing your own trading plan 13:24 What is the Trading Avatar 17:35 The reason why Merlin travels so much 19:20 How Merlin handles trading while traveling 21:06 What are Merlin's plans for the future 22:27 What is the role of spirituality in trading 24:12 Where can you find Merlin De Santis 25:37 What is ALIVE and the motivation for it 27:14 Merlin's top piece of advice for aspiring traders 29:55 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned SCM (Scandinavian Capital Markets) DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) 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 Merlin De Santis? Instagram 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!