logo
episode-header-image
Dec 2024
31m 47s

484: He Went from Rock-Bottom to Full-Ti...

Etienne Crete
About this episode

He Went from Rock-Bottom to Full-Time Trader

In episode 484 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Michael Toma, who discusses how he went from rock bottom to full-time trader. It’s a tell-all that even Etienne didn’t know about…until now.

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode
  • 00:00 Introduction
  • 00:57 Michael’s journey to trading success
  • 02:16 How he learned to trade
  • 05:23 Overcoming personal and professional challenges
  • 07:53 Building a trading capital
  • 10:54 Keys to consistency
  • 11:49 Increasing capital
  • 14:14 The importance of risk management
  • 16:49 Risk management 101
  • 20:28 Trading style and lifestyle
  • 23:48 Managing trading and traveling
  • 25:05 Coach Mike’s advice to struggling traders
  • 27:22 Building connections and community
  • 28:41 Future goals and quality of life
  • 30:09 Reaching the “crossover point”
  • 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 About The Desire To Trade Podcast

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

How to find Michael Toma

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Up next
Oct 27
531: The Truth About Day Trading For A Living - Blake Morrow
The Truth About Day Trading For A Living In episode 531 of the Desire To Trade Podcast, you will be listening to an interview with Blake Morrow — a veteran trader and founder of Forex Analytix — who breaks down what it really takes to trade for a living. He shares his 30-year jou ... Show More
28m 20s
Oct 20
530: Secrets To Full-Time Trading For Consistent Income - Erik Smolinski
Secrets To Full-Time Trading For Consistent Income In episode 530 of the Desire To Trade Podcast, you will be listening to an interview with Eric Smolinski from Outlier Trading to discuss what it really takes to build consistent trading income — not just through smart trades, but ... Show More
29m 13s
Oct 13
529: How To Trade Your Way To The Top 1% - Jerremy Newsome
How To Trade Your Way To The Top 1% In episode 529 of the Desire To Trade Podcast, you will be listening to an interview with trader and entrepreneur Jerremy Newsome, as he dives into what it really takes to reach the top 1% of wealth through trading and smart investing. Jerremy ... Show More
29m 34s
Recommended Episodes
Sep 2024
Day Trading Like a Pro With Patrick Wieland | 146
<p>One of the most controversial personalities in the trading space, Patrick Wieland joins me this week for an INTENSE conversation! Patrick holds nothing back! From explaining his approach to day trading that has helped him make hundreds of thousands of dollars, to detailing his ... Show More
1h 4m
Nov 2023
Verified 8-Figure Trader Explains Statistics & Trader Psychology | Steven Dux
<p>Ever wonder how much profit a retail trader can make in a single trading day? In this episode, we have a very special guest, the man of mystery, Steven Dux. </p> <p> Dux is a verified trader, and he holds the record for highest PnL in a single trading day in 2022, making over ... Show More
56m 59s
Mar 2025
Fun Trading Versus Boring Trading
New traders often burden themselves with the need to make trading fun and exciting, when in reality successful swing trading is all about making it as boring as possible. In this podcast episode, Ryan explains why it is so crucial to make trading as boring and dull as possible an ... Show More
22m 17s
Aug 16
From Ibiza DJ Booths to $10,000 Months Trading — FlowZoneTrader's Journey
Alex went from touring the world as half of the hit UK DJ duo Tough Love to becoming a full-time futures trader and educator. When COVID shut down his music career, he pivoted from small-cap short selling into futures, developing his “Flowzone” strategy — a system built on EMAs, ... Show More
1 h
Jun 2025
Up & Coming Futures Traders Share Tips For Payouts & Profits!
In this episode of The Day Trading Show, Austin Silver sits down with prop firm traders Thomas Kello and Randy Bains to unpack their journeys to consistent payouts, the importance of mindset over strategy, and how to navigate the noisy world of prop trading. They discuss the powe ... Show More
52m 36s
May 2021
Jeicarlo Ruiz - Crypto, Options Trader Talks Trading Methodology, Personal Growth
<p><a target="_blank" href="https://www.buzzsprout.com/twilio/text_messages/1782340/open_sms">Send us a text</a></p><p><em>Episode 3:</em> Jeicarlo Ruiz talks about what brought him into trading as well as his process before entering a trade. Jeicarlo is an options and crypto tra ... Show More
58m 56s
Feb 2025
TIP699: Unlocking High-Growth Investments w/ Jason Donville and Jesse Gamble
In today's episode, Kyle Grieve chats with Jason Donville and Jesse Gamble about their investing philosophy, their emphasis on focusing on growth and value, their evolution from using ROE-focused metrics to the rule of 40 to identify great investing opportunities, how to use the ... Show More
1h 4m
Sep 2024
1020 - The Math Behind Full-Time Trading & Using Prop-Firm Money
<p>Do you know how much money it would take for you to trade full-time? Most traders don&#39;t, so let&#39;s run through the numbers. We&#39;ll also discuss how a prop firm can help accelerate your journey to that goal. </p> <p>If you&#39;re interested in learning how to trade pl ... Show More
16m 35s
Sep 8
He turned $2,000 into $1,000,000
Get 3 Free Months of Trading Software, 100 Days Of FREE Commissions & 33% off commissions FOR LIFE with My Preferred Broker! FREE Trading Journal (stop paying for online journal) On today's episode, I'm joined by Tarique. Tarique is an active trader who's an expert in a style of ... Show More
36m 42s