Ex-Pit Trader’s Profitable Trading Secrets

In episode 442 of the Desire To Trade Podcast, we will be listening to the recording of an interview with ex-pit trader and author Brad Schaeffer as he talks about profitable trading secrets. Get valuable tips and know what to avoid as a trader – straight from the legend, himself!

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

• [00:00] Introduction
• [00:39] How did you start trading?
• [03:46] How did you know this is a good career for you?
• [05:06] Brad's memorable trade
• [07:53] Trading for a living
• [10:28] Moving from trading on the pit to trading on your own
• [12:06] Brad's trading style
• [15:27] Common things in trading that you don’t agree with
• [17:30] Do you focus more on reversals?
• [18:23] Finding your niche
• [19:26] What made you like trading energy?
• [21:32] What kind of timeframe do you focus on?
• [22:21] Common mistakes that people fall into
• [24:13] Mistakes traders make that prevent them from getting to a good level
• [26:32] Do you think anyone can be a trader?
• [28:22] How to filter the noise of the market
• [30:35] Information on Brad's books (link below)
• 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:
  • EightCap (preferred Crypto and FX Broker)
  • AxiTrader (use our link to get a special bonus)
• 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!

Where to find Brad Schaeffer

• Brad's Book: Life In the Pits

Resources mentioned:
Day Trading Quickstart Guide
Forex Trading Quickstart Guide
12 Power eBook

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!