The Reality of Trading For A Living
In episode 527 of the Desire To Trade Podcast, you will be listening to an interview with TraderNick as he opens up about what it really takes to trade for a living. From navigating volatile markets and drawdowns to balancing systematic strategies with discretion, he shares the lessons that helped him sustain consistency. Whether you’re curious about options selling, risk management, or how pros think through tough years, this conversation offers a grounded look at full-time trading.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- [00:00] Introduction
- [01:52] What’s new with TraderNick
- [03:23] 2025 volatility shifts & adapting strategies
- [05:46] Using the VIX to adjust exposure in high vs. low volatility markets
- [09:55] Deep dive into option selling & the wheel strategy
- [15:46] The risk in selling options
- [18:27] What’s a good stock to sell options on?
- [22:26] Balancing systematic trading with discretion
- [27:53] Can you teach discretion?
- [30:37] 2022 drawdown — how TraderNick lost 30% and came back stronger
- [37:39] The trap of thinking “this time is different”
- [40:15] Where to find TraderNick
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
- Get a copy of Prop Trading Secrets (Author: Kathy Lien & Etienne Crete)
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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!
How to find TraderNick
- a1trading.com
- YouTube: @TraderNick
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!