The Mindset of a Professional Trader
In episode 464 of the Desire To Trade Podcast, we will be listening to the recording of a conversation between Etienne and Coach Mike discussing the mindset of a professional trader. They explore the main differences between traders who consistently lose money and those who are profitable. Know more about the role of risk management, the simplicity of successful trading strategies, and the benefits of trading while traveling.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- [00:00] Introduction
- [01:58] The importance of focusing on the trading process
- [08:02] Risk management: a key factor in trading success
- [13:37] The difference between failure and quitting
- [19:20] The benefits of trading while traveling
- [25:37] The role of risk management in trading
- [28:28] Scaling into trades: benefits and risks
- [34:41] Using volume as a tool in trading
- [38:28] Learning from good and bad trades
- [38:58] Conclusion
- 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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What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
Learn more about the Desire to Trade team and their strategies
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
