Aug 7, 2023
Secrets From 30 Years Day Trading Market Structure - Brian Shannon
In episode 414 of the Desire To Trade Podcast, we will be listening to the recording of an interview with expert trader Brian Shannon, and they talk about secrets from 30 years of day trading market structure.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- 00:15 Introduction
- 00:33 What's new with Brian?
- 01:05 When did he begin trading?
- 02:04 From a stock broker to a trader
- 03:12 How Brian's trading style changed through the years
- 04:18 Learning from classic trading books
- 05:37 Trading multiple timeframes
- 06:46 Figuring out his personality in trading
- 08:55 Brian's thoughts on VWAP
- 13:09 Picking his VWAP period
- 14:40 Reliability of VWAP
- 15:01 Coaching S&P traders
- 17:15 Discretionary or systematic?
- 18:11 What makes a good trading coach?
- 20:55 On traders overcomplicating things
- 22:31 Advice on sticking to a strategy
- 23:56 How Brian keeps on improving
- 25:28 Advice for people who are new to trading
- 26:23 His process of trading
- 26:56 Brian's advice to traders
- 27:35 Handling people's expectations
- 30:06 Where to find Brian Shannon (links below)
- and much more
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
Desire To Trade's Top Resources
- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
About The Desire To Trade Podcast
-
- Subscribe via iTunes (take 2 seconds and leave the podcast a review!)
- Subscribe via Stitcher
- Subscribe via TuneIn
- Subscribe via Google Play
- See all podcast episodes
How To Find Brian Shannon?
- alphatrends.net
- Twitter: @alphatrends
- YouTube: Alpha Trends
Brian's books:
- Maximum Trading Gains With Anchored VWAP
- Technical Analysis Using Multiple Timeframes
- Stan Weinstein's Secrets for Profiting in Bull and Bear Markets
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!