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Price Action Trader with 20 Years of Experience – Andrew Mitchem (100k Special)
In episode 400 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Andrew Mitchem, a price action trader with over 20 years of experience in the markets.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- [00:14] Introduction
- [00:59] How has Andrew's trading been in the past few years
- [2:47] Why Andrew has not changed his trading
- [4:40] What makes a strategy work in multiple markets
- [5:42] How can you make your strategy work on more markets
- [7:21] Why using Fibonacci levels on 1 candle can help your trading
- [09:13] How Andrew sets his SL and TP using Fibonacci
- [10:30] Are Round Numbers really that important?
- [12:07] What is the difference between the strategies that work for a long time and those that don't?
- [14:31] How to make Price Action trading simple
- [16:20] Making Support and Resistance areas simple
- [20:46] “There is always another trade somewhere”
- [21:55] How to handle multiple trade opportunities
- [23:06] How being a pilot has helped Andrew's trading
- [25:27] How routines and processes help your trading
- [27:39] How Andrew manages his life
- [30:00] Why trading less can be better for your trading and life
- [31:18] How to find your strategy “sweet spot”
- [34:40] Why you need to give it time to work out
- [35:39] Why practice is essential to improve your trading
- [38:03] How to have discipline in trading
- [39:26] How to find Andrew Mitchem
- 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:
- Desire To TRADE Academy
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How To Find Andrew Mitchem?
- YouTube: @AdminTheForexTradingCoachcom
- Email: andrew@theforextradingcoach.com
- Twitter: @fxforextrade
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!