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Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders


Jun 4, 2018

Master Swing Trading Full-Time Or With A Job

In episode 146 of the Desire To Trade Podcast, I interview day & swing trader Paul Singh who’s from San Diego. You can go back and listen to Episode 118 where Paul tells a very interesting story where he made the transition from part-time to full-time trading. He talked exactly about how he did it.

In today’s podcast, we are going a bit more into his swing trading practices. In addition to mastering swing trading, Paul decided to jump into day trading at some point after going full-time to spend as many activities while running and being responsible for swing trading at Bulls on Wall Street. He has been able to help a lot of traders understand swing trading and do things right which means he’s doing the research beforehand, getting into the market with the proper mindset and executing properly, which is exactly what he shares about in this interview.

 

Topics Covered In This Episode

  • Who Paul is, what he does, and how he has been trading [2:07]
  • How day trading is different from swing trading [4:10]
  • Paul’s set-up for swing trading [8:12]
  • Instances when Paul cuts his trade short [15:07]
  • What Paul specifically looks at when buying a pullback [16:33]
  • Signs Paul looks at when he’s getting pullbacks [20:30]
  • Paul’s trading and non-trading habits that support his trading [22:12]
  • What a typical day of a trader having a full-time job is [26:59]
  • Doing the prep work for trading [28:48]
  • Trading stocks versus trading forex [30:05]
  • Longer-term trading [33:13]
  • Paul’s view on leverage [36:31]
  • Dealing with few days of big losses in his account [38:01]
  • Books Paul recommends [41:06]
  • Starting point and choosing profit targets [45:52]
  • Favorite EMAs and tools Paul uses [48:26]
  • How Paul “experiments” [49:35]

Resources Mentioned

DesireToTRADE Top Resources

How To Find Paul Singh?

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!