Oct 30, 2017
50 Years Of Experience On What Highly Successful Traders Do – Show Notes
In episode 116 of the Desire To Trade Podcast, I interview Barry Burns, a trader, and educator. He came on the podcast to talk about his 50 years of experience on what highly successful traders do.
More About Barry Burns
Dr. Barry Burns started his study of the markets under the
direction of his late father, Patrick F. Burns, who accumulated
70 years of trading experience in his lifetime.
Barry is also the author of the book Trend Trading For Dummies published by Wiley. He has been seminar presenter for several exchanges including the CME Group and Eurex, & founded Top Dog Trading, to help students shorten their learning curves in becoming traders.
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"Listen to more Desire to trade podcasts" - Barry Burns.
* Big thank you to Barry for saying this :)
What's Covered In This Episode
- The difference between successful and unsuccessful people 1:30
- Barry Burns' trading style with 7 monitors 3:40
- How Barry started to trade with his father 50 years ago 5:54
- A powerful method to understand what happens in the market 10:15
- The lessons Barry learned early on that can be applied today 11:25
- The transition to trading with computers 12:40
- The process of getting feedback on your trading 16:00
- The uncommon things most traders do wrong 19:15
- Trade setups & strategies Barry Burns relies on 20:43
- How many trades Barry takes in a day by trading 3 hours/day 31:40
- How Barry Burns manages life & day trading (time management advice) 38:10
- Trading the open vs. trading later during the day 41:44
- What highly successful traders are willing to do others don't (POWERFUL ADVICE) 45:20
Resources Mentioned
DesireToTRADE Top Resources
- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist (free checklist!)
- One-Page Trading Plan (free template!)
- DesireToTRADE Academy
How To Find Barry Burns?
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!