The Reality of Full-Time Trading

In episode 359 of the Desire To Trade Podcast, Etienne sits down with full-time trader Rolf Schlotmannfrom Tradeciety.com to discuss what it's really like to build a full-time trading career. You'll learn from his experience on how to become a consistently profitable Forex trader.

Are you ready for it?

Watch the video interview!

In This Episode, You'll Learn…

• [0:15] Introduction
• [0:33] Who is Rolf and what he does
• [1:38] Story Time – How it all started
• [2:32] How Rolf decided to go full-time trading
• [4:42] Why his early 20s was the best time to take risks
• [6:51] What is Rolf's trading style
• [7:44] How to overcome FOMO in the markets
• [8:59] Pivot Points: Rolf's favorite indicator
• [10:06] How to use Pivot Points
• [11:09] Why objectivity and structure is vital in trading
• [12:10] How to make Price Action trading more objective
• [13:42] What more is there to price action trading
• [16:15] How to filter market conditions
• [17:28] The importance of accepting losses
• [19:27] Why the obvious things are harder to trade
• [21:25] How should you develop YOUR OWN trading style
• [23:40] Why it's so hard to focus on 1 thing for 3-6 months
• [25:52] Why Rolf prefers to live in Asia than Europe
• [27:11] Should you move to Asia or somewhere else to trade?
• [28:15] How to deal with “The Loneliness of trading”
• [30:51] How Rolf went from working 16hs a day to 2 hours a day
• [31:14] How to stay on top of the game over a long time
• [33:00] How to review your trading performance and statistics
• [34:31] How to correct mistakes and negative behaviors in trading
• [35:42] Rolf's top advice for struggling traders
• [37:50] Why a winning trade is not a good trade
• [39:00] How to transition from easy markets to hard markets
• [40:41] How to use FAILURE to improve as a trader
• [41:51] Why you should always keep a trading journal
• [42:21] Where to find Rolf
• 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 Journal: Edgewonk

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

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How To Find Moritz?

• Tradeciety
• Edgewonk
• 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!