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480: Full-Time Trader Secrets To Making A Living Trading - Erik Smolinski
Manage episode 449537979 series 3562180
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Full-Time Trader Secrets To Making A Living Trading
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In episode 480 of the Desire To Trade Podcast, we will be listening to the recording of an interview with elite trader Erik Smolinski to discuss full-time trader secrets to making a living trading. Learn the significance of embracing the less glamorous aspects of trading, such as logging trades and analyzing performance, to achieve long-term success.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode- 00:00 Introduction
- 00:46 Erik’s journey from student to trader
- 03:20 Overcoming financial constraints
- 04:26 Changing his mindset about risk
- 08:05 The importance of organization in building a trading strategy
- 10:27 Keeping track of data
- 12:13 Erik’s trading style
- 16:25 Setting realistic goals for consistent returns
- 20:45 Outperforming the market
- 22:09 Three ways to limit portfolio drawdown
- 26:47 Three common mistakes traders make
- 31:56 Embracing the unsexy work of trading
- 33:48 Where to find Erik Smolinski (link 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!
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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 Erik Smolinski- outliertrading.io
- YouTube: Outlier Trading
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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