Jul 12, 2021
From Zero To Professional Trader | Trader Success Story
In episode 306 of the Desire To Trade Podcast, I sit down with full-time professional trader Michael Toma. While we've been working together for almost 2 years, it's the first time he reveals his trader success story and the obstacles he faces publicly.
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Topics Covered In This Episode
- 0:15 Introduction
- 0:37 Who is Michael Toma and what he does
- 1:18 How was Michael's life before getting involved with trading
- 2:25 How Michael got into trading
- 4:10 How Michael overcame some of his most difficult times in trading
- 7:26 How was the learning process for Michael
- 9:05 What were some obstacles that Michael faced when developing as a trader
- 12:04 Why Michael explored other businesses at the same time as growing his trading
- 13:47 How Michael adapted his mindset to become a great trader
- 15:27 What is Michael's trading style
- 17:42 How can you scale your trading fulltime
- 19:29 How Michael manages his time between his multiple business ventures
- 23:46 What Michael thinks of algorithmic trading
- 25:58 How old was Michael when he started trading
- 26:38 What are some principles that never change in the market
- 28:41 Michael thoughts in using AI (Artificial Intelligence) in trading
- 32:02 Can you trade while having a good job and sustainable income?
- 35:15 How has Michael trading style changed over the years
- 38:42 What timeframe Michael use to trade and manage risk
- 40:29 How Michal has tackled his behavioral challenges
- 43:17 How Michael kept persevering to become a successful trader
- 46:09 What motivated Michael to keep growing as a trader
- 47:55 What Michael thinks of trader funding programs (online prop firms)
- 50:37 Where to find Michael Toma
- and much more
What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
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- Complete Price Action Strategy Checklist
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How To Find Michael Toma?
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!