119: Secrets Of A Professional Forex & Stocks Trader - Steve Patterson
Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders - A podcast by Etienne Crete - Mondays
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 Toronto, Canada. As someone trading the markets for over 37 years, he came on the podcast sharing 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 Desire To TRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy How To Find Steve Patterson? Website Facebook Twitter Youtube 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!