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

The Fascinating Story Of An Institutional Forex Trader – Show Notes In episode 103 of the Desire To Trade Podcast, I interview Forex trader Tony Sycamore, an ex-institutional trader with a fascinating story in the market. Watch the video interview with Tony Sycamore Tony started studying technical analysis more than 20 years ago while working for Macquarie Bank on the floor of the Sydney Futures Exchange (SFE). That was where Tony's passion for the markets was fuelled. In 2003, his ongoing study of markets and technical analysis enabled him to become part of the Proprietary Trading Group at Goldman Sachs. Tony was fortunate enough to learn from working with and watching some of the best financial minds in the business. Trading mainly foreign exchange (FX), he posted strong returns on capital, in particular in 2007 and 2008, before leaving the firm in 2009 to transition into FX sales with BNP Paribas (BNPP). He has spent the last five years at Commonwealth Bank of Australia (CBA). While at CBA and BNPP, Tony wrote and published the Weekly FX Technical Report containing technical analysis, trade ideas, and opinions. The report earned a strong following from a variety of clients, including fund managers, hedge funds, balance sheets, central banks and large corporates all over the world. I personally found it very interesting to speak with Tony and to discover more about the world of an institutional Forex trader and how Tony was able to make his mark in it. 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! "Every battle is won before it's ever fought." – Sun Tzu "When you marry technical analysis to fundamental analysis, that gives you a very strong edge." – Tony Sycamore "If you look off to your downside, your upside will take care of itself." – Tony Sycamore In This Interview, You'll Learn… What made Tony pick Forex as the market to trade How & why focusing on technical analysis makes you stand out The differences between trading on your own and for an institution The role of correlation analysis for an institutional Forex trader Timeframe transitions Tony Sycamore went through over time From Rugby to Forex trading How to react when your view of the market is tested How and why to create new trading strategies over time What should your focus be in this new trading/finance industry How to decide what to trade in the Forex market What indicators technical institutional Forex traders look at Why a return of 25% per year is awesome The typical win rate of an ex-institutional Forex trader The worst month to trade What's unique with Tony Sycamore's trading And much more! DesireToTRADE 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 Tony Sycamore? TechFxTraders Facebook Twitter LinkedIn 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!

Massive Success As A Digital Nomad Forex Trader – Show Notes In episode 102 of the Desire To Trade Podcast, I interview Forex trader Navin Prithyani, a digital nomad Forex trader who I had the chance to meet in Bangkok, Thailand to record this episode. Watch the video interview Navin has been trading Forex for well over a decade. During this time he went through all the phases of a successful trader and through all the hardships to reach every next phase. These days Navin is giving back to the trading community by teaching his knowledge to both new and experienced traders. During this process, he also discovered that he also has a talent for teaching. It was nice connecting with Navin as we share a common vision for the trading education industry. We both want to make a positive impact. In addition, both Navin and I met our mentors in unexpected circumstances. 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! "Learn from your mistakes and do not give up!" – Navin Prithyani "The reason it took me 6-7 years is: I kept changing my system." – Navin Prithyani In This Interview, You'll Learn… How Navin started in trading - by looking for Forex signals The basis behind Navin's technical analysis Navin's trading style today and how it evolved The definition of real supply and demand in the Forex market How to break the psychological barrier that prevents to scale up your trading The power of proper journaling in trading What is the utility of courses in the Forex trading industry (there are so many of them!) How the mentality of most Forex traders is preventing you from succeeding Some keys to trading while traveling Having a morning routine Not looking too much at the charts How most traders miss the big moves in the Forex market The work you must do to see a difference in your trading Whether Navin regrets dropping out of college And much more! Resources Mentioned Hanging Out With A Digital Nomad Forex Trader [Vlog] Massive Success As A Digital Nomad Forex Trader [Video Inteview] Mastering Stop Losses in Forex Trading Mastering Price Action course (Urban Forex) If you are interested in this course and want a coupon code, email me and let me know that you've listened to the podcast. DesireToTRADE 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 Navin Prithyani? Urban Forex Facebook 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!

Street Smart: Adventures on the Road and in the Markets – Show Notes See in your browser: http://desiretotrade.com/101/ In episode 101 of the Desire To Trade Podcast, I interview legendary investor Jim Rogers, a man with an immense passion for the markets and the discovering world. Mr. Rogers has been listed in the Guinness Book of World Records twice: once for his 1990-92 world trip covering 100,000 miles across six continents on motorcycle and next for his world trip from 1999-2002 (through 116 countries in a custom-made Mercedes). Jim Rogers is the author of multiple books, including Street Smart: Adventures on the Road and in the Markets. That book had a big influence on me as Jim describes his experience of traveling through the world while running a hedge fund. It was particularly inspiring to hear about Jim Rogers' adventures around the world, as well as his opinion of Asia vs. America. Today, Mr. Rogers offers multiple conferences a year, a lot of them being in China. His website contains an updated schedule of his next destinations. 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! "Think independently" - Jim Rogers (click to tweet) "If you don't know anything to do, do nothing." - Jim Rogers (click to tweet) "I don't look at technical analysis. I don't really know how." - Jim Rogers Questions/Topics Covered… Why Jim Rogers moved to Singapore 10 years ago How Mr. Rogers has learned from the market instead of school The lessons Mr. Rogers learned early-on in the markets & why this was a good thing How Jim Rogers survived after losing everything in the market How to spot opportunities in the market Jim Roger's view of Asia & specifically China What to do when traveling to learn from the place you are at How to do strong research for investing The best way to learn according to Jim Rogers & how to keep going The benefits of traveling & the worst times And much more! Books by Jim Rogers 1994: Investment Biker: Around the World with Jim Rogers. 2003: Adventure Capitalist: The Ultimate Road Trip. 2004: Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market. 2007: A Bull in China: Investing Profitably in the World's Greatest Market. 2009: A Gift to My Children: A Father's Lessons For Life And Investing. 2013: Street Smarts: Adventures on the Road and in the Markets. 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 Jim Rogers? Website 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!

Success of a Forex Price Action Day Trader – Show Notes See in your browser: http://desiretotrade.com/100/ In episode 100 of the Desire To Trade Podcast, I sit down with Kim Krompass for a follow-up interview. She previously appeared in episode 46 of the podcast. Kim Krompass is a Forex price action day trader living in California. She is a great example of what a good day trader is by carefully getting prepared every morning for the trading day. For this second interview, I wanted to get more details on things that have made Kim a successful Forex day trader. We focused a little more on the tool Kim uses as well as what she thinks aspiring Forex day traders can do to start seeing more results. 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! "Consistency as a trader is a state of mind. Once you understand, that's the day you start to turn around." - Kim Krompass (click to tweet) Questions/Topics Covered… What is new since the last interview? Has anything changed? What does your day trader morning routine look like? If you were to travel, how would you adapt your day trading activities? Would it be different? What is your favorite trade setup? How do you handle the bad days that come with trading? As an educator, would you be willing to share your trading results? If not, why? Do you believe in the value of trading signals? Why do you think some traders still don't succeed after taking on a trading course/program? And much more! Resources Mentioned Kim Krompass' trading journal: An example of trading results: https://twitter.com/priceactionkim/status/877619493060591616 Price Action Trader Institute Special Offer By entering the promo code DTT10OFF, you will get 10% off the membership for the PATI membership. To Join the PATI Membership: https://priceactiontradersinstitute.com/register/pati-full-membership/ 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 Kim Krompass? Price Action Trader Institute 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!

Mastering Trading Fundamentals – Show Notes See in your browser: http://desiretotrade.com/099/ In episode 99 of the Desire To Trade Podcast, I interview Troy Bombardia, a hedge fund manager who trades the S&P 500 ETF's based on quantitative models that combine fundamentals and technicals. What I like a lot about Troy is his emphasis on not being concerned too much by short-term returns. He, with the help of his model, places very few trades a year and has a strong focuses on the long. Troy came on the podcast to share about what it's like to run a hedge fund as well as how to interpret the markets (Stocks & Forex) with a fundamental perspective. He described very clearly how someone can start mastering trading fundamentals in the Forex market by looking at one simple thing: the money flow. In other words, where the money is going. 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! "Work hard, it's not how smart you are. It's about how hard you work" – Troy Bombardia "If you're not really sure about a trade, don't take that trade." – Troy Bombardia In This Episode, You'll Learn… Starting to trade in high school How Troy manages his trades to capture the big market movement What made Troy decided to go long-term trading the S&P index How to adapt to the currency market & mastering trading fundamentals The Fundamentals you need to understand in Forex How to define the long-term direction of the market & benefiting from it The resources to get your news whenever you need them And much more! Books Recommended Market Wizards: Interviews With Top Traders by Jack Schwager The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by John C. Bogle Reminiscences of a Stock Operator by Edwin Lefevre 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 Troy Bombardia? Bear Market 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!

Starting To Trade Professionally With $300,000 – Show Notes In episode 98 of the Desire To Trade Podcast, I interview Michael Melissinos, a trader who started to trade professionally with $300,000 and now trades for over 30 investors from around the world. Michael accepted to come on the podcast to share with us how he got started trading professionally at a fairly early age as well as how he progressed and convinced more investors to invest in his trading activities. He is of the opinion that traders are better to start early. Michael ensured that he was ready to trade for other people by doing a lot of work up-front. That's the key for anyone who's looking to trade professionally. This is a must-listen interview if you are looking to trade professionally and manage money for other people! 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! "Know yourself before you start to trade." – Michael Melissinos In This Episode, You'll Learn… How Michael got his first $300,000 to trade Why Michael didn't want to trade for an institution How to build proper trading system that you trust What a typical day looks like in the life of a long-term trader How Michael handles the tough times (when he doesn't produce money for his investors) How to present your trading to investors so they invest more easily What Michael is doing to improve his trading portfolio 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 Michael Melissinos? Personal site Melissinos Trading 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!

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!

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!

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!

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!