480: Full-Time Trader Secrets To Making A Living Trading - Erik Smolinski

Full-Time Trader Secrets To Making A Living Trading

In episode 480 of the Desire To Trade Podcast, we will be listening to the recording of an interview with elite trader Erik Smolinski to discuss full-time trader secrets to making a living trading. Learn the significance of embracing the less glamorous aspects of trading, such as logging trades and analyzing performance, to achieve long-term success.

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

>> Watch the video recording!

Topics Covered In This Episode

• 00:00 Introduction
• 00:46 Erik’s journey from student to trader
• 03:20 Overcoming financial constraints
• 04:26 Changing his mindset about risk
• 08:05 The importance of organization in building a trading strategy
• 10:27 Keeping track of data
• 12:13 Erik’s trading style
• 16:25 Setting realistic goals for consistent returns
• 20:45 Outperforming the market
• 22:09 Three ways to limit portfolio drawdown
• 26:47 Three common mistakes traders make
• 31:56 Embracing the unsexy work of trading
• 33:48 Where to find Erik Smolinski (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

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• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
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  • 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!

How to find Erik Smolinski