Home»Trading Podcast»119: Secrets Of A Professional Forex And Stocks Trader (@steveptrading)

119: Secrets Of A Professional Forex And Stocks Trader (@steveptrading)

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Professional Full-Time Forex & Stocks Trader Secrets (ft. Steve Patterson)

Secrets Of A Professional Forex & Stocks Trader – Show Notes

In episode 119 of the Desire To Trade Podcast, I re-interview Steve Patterson, one of the top proprietary traders based in Canada. As someone who traded the markets for over 37 years, he came on the podcast to share his secrets & techniques as a professional Forex & stocks trader.

Watch the video interview!

I previously had the chance to discuss with Steve in episode 108 of the Desire To Trade Podcast.

He is someone aspiring professional traders can learn a lot from and I always feel great after discussing with Steve. There are several “gems” in this interview!

Topics Covered In This Episode

  • What Steve Patterson trades (i.e. trading style and career) 2:10
  • Pre and post-trading routines 4:30
  • The books Steve recommends trader to read 8:05
  • How to feel like a professional trader (hint: you shouldn’t) 10:05
  • Mixing discretionary and systematic trading 12:35
  • Indicators traders can profitably use in the market 13:30
  • How to create a winning trading strategy 20:20
  • How Steve trades on a typical day 24:00
  • How do you know what you trade will work on different assets 28:00
  • How do you get a feel for the market (exercise) 33:10
  • How to distinguish a great market from a messy market 42:00
  • How to place a stop loss profitably in the market 46:40
  • The expectations you should have when you start trading 49:40
  • How Steve would treat trading with a small account 56:20
  • The role of confidence in trading 1:01:00
  • How to make 10%/month as a swing trader 1:11:40

More About Steve Patterson

Steve Patterson has experience working in the world’s largest firms, prop firms, stockbroker and floor trader. During his work life, he has seen 3 market crashes and multiple Bull and Bear market cycles.

He knows everything about how to master the markets and trade profitably through all environments and the secrets of a professional Forex, Stocks Trader, which makes him a very interesting guest.

Resources Mentioned

  • Exclusive Coaching with Steve Patterson: Steve is offering a special program for Desire To Trade fans. This is an opportunity you don't want to miss! Make sure to select the “Desire To Trade” option for a free call with Steve!

DesireToTRADE Top Resources

How To Find Steve Patterson?

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!


  1. Yolande
    November 24, 2017 at 6:12 am

    This guys went into a trade without stop loss, lost -20% of his whole account at some point on that one trade and then was “confident” it would recover… No way on Earth I would let him manage some of my money. He’s “confidence” in his analysis WILL be worthless in the future since no one on Earth can be always right. Even Nobel Prize winners in economics are wrong quite often. And that day, he will lose much more than 20%, and maybe some other people money too.

    • November 27, 2017 at 1:39 pm

      That’s a good point, Yolande. However, it’s a fact that everyone makes mistakes. Steve might have different risk tolerances on his own account vs. investors’ money. Definitely something to be careful with…

      Thanks for the comment!

  2. Daniel
    December 4, 2017 at 4:02 pm

    Interesting interview, but check out some of his record here: https://verifiedinvesting.com/StevePattersonTrading not good at all (actually really bad during a nice bull market), seems to have a problem with letting winners run and cutting losses – one of the biggest trading quotes out there, I didn’t see this coming googling a bit…

    • December 4, 2017 at 4:20 pm

      Thanks for sharing, Daniel! I didn’t know that website existed. Even there, some trading methodologies under-perform in trending markets (especially for reversal traders).

      Good research, though!