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


Feb 19, 2024

Ex-Pit Trader’s Profitable Trading Secrets - Brad Schaeffer

In episode 442 of the Desire To Trade Podcast, we will be listening to the recording of an interview with ex-pit trader and author Brad Schaeffer as he talks about profitable trading secrets. Get valuable tips and know what to avoid as a trader - straight from the legend, himself!

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

>> Watch the video recording!

Topics Covered In This Episode

  • 00:00 Introduction
  • 00:39 How did you start trading?
  • 03:46 How did you know this is a good career for you?
  • 05:06 Brad's memorable trade
  • 07:53 Trading for a living
  • 10:28 Moving from trading on the pit to trading on your own
  • 12:06 Brad's trading style
  • 15:27 Common things in trading that you don’t agree with
  • 17:30 Do you focus more on reversals?
  • 18:23 Finding your niche
  • 19:26 What made you like trading energy?
  • 21:32 What kind of timeframe do you focus on?
  • 22:21 Common mistakes that people fall into
  • 24:13 Mistakes traders make that prevent them from getting to a good level
  • 26:32 Do you think anyone can be a trader?
  • 28:22 How to filter the noise of the market
  • 30:35 Information on Brad's books (link below)
  • and much more

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Where to find Brad Schaeffer

Resources mentioned:
Day Trading Quickstart Guide
Forex Trading Quickstart Guide
12 Power eBook

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!