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


Nov 11, 2024

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

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

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How to find Erik Smolinski

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