464: The Mindset of a Professional Trader

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.

>> Watch the video recording!

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

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464: The Mindset of a Professional Trader