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

Apr 9, 2018

How To Succeed At Trading For A Living

In episode 138 of the Desire To Trade Podcast, I interview full-time trader Moritz Czubatinski exploring the topic of how to succeed at trading for a living.

Moritz has been trading for quite some time. He founded Tradeciety and Edgewonk (a pretty cool trading software) together with his business partner Rolf.

Moritz has lived in Asia for 7 years and moved back to Germany to run his businesses. He has also been a day trader and is right now transitioning to swing trading and position trading.

In this podcast, Moritz talks a little bit more about his tactics and some of the uncommon ways that are used to become a profitable trader and to continue growing. 

Topics Covered In This Episode

  • What he’s doing in Europe these days [2:50]
  • Living in Asia and trading or working while there [3:58
  • His favorite trading and non-trading books [5:10]
  • What helped him most to become a profitable trader and trade full-time [6:50]
  • What needs to be on your to-do list if you’re a beginning trader [8:57]
  • How he became profitable and the things he did [10:38]
  • His review process [12:53]
  • What he will tell people to do when everything seems to go wrong [14:20]
  • Thinking in terms of time [16:27]
  • Transitioning from day trading to swing trading [18:31]
  • His best tip for people who don’t have a strategy [19:54]
  • How he handles drawdown [22:30]
  • What his ideal setup is [24:02]
  • Trading with single or many strategies/systems [26:07]
  • Using volume in stocks [29:08]
  • His productivity techniques [30:10]
  • Scheduling his trading time [32:43]
  • His entry system and recommended timeframe for new or aspiring traders [34:39]
  • Studying to become better [35:47]
  • Things that he keeps doing to move forward [37:13]
  • Accounts he started with [40:20]
  • What people have to learn about [41:34]
  • Scenario optimizer/tester in Edgewonk and other features [43:56]
  • His educational background [48:56]
  • Best and worst parts of the forex trader lifestyle [50:02]
  • His thoughts on hedging [50:51]
  • Different job fields one can take in trading [53:19]

Resources Mentioned

Edgewonk promotion

DesireToTRADE Top Resources

How To Find Moritz Czubatinski?

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!