Become a Profitable Trader in 2022
In episode 334 of the Desire To Trade Podcast, Etienne discusses with Tim Racette on how to become a profitable trader in 2022. You'll get to hear tips from a real full-time trader on what it takes to become a successful trader within the next year!
Listen to Tim Racette previous interview
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Topics Covered In This Episode
- 0:15 Introduction
- 0:38 What has happened with Tim Racette since the last interview with Etienne
- 1:58 How has Tim's trading changed in the past 2 years
- 3:15 How Tim filers his trades to get the best opportunities
- 6:18 How can you adjust to changing market conditions
- 8:57 Why having daily loss limits is really important
- 10:11 Why Tim focuses on mindset so much
- 12:03 How Tim defines the mindset of a successful trader
- 15:00 How Tim recommends helping develop discipline
- 17:35 Why trading discipline is so hard
- 19:26 How you can use habits to improve your discipline
- 20:37 What Tim recommends to focus on as a new trader
- 23:51 How can a new trader find a strategy
- 25:36 How Tim creates goals in his trading
- 28:41 Why working more doesn't always help your profits
- 29:29 Books that Tim recommends for traders
- 31:12 Why Tim prefers non-trading books for traders
- 32:32 Where to find Tim Racette
- 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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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!