Stocks Trader Routines & Strategies To Get Wealthy

In episode 148 of the Desire To Trade Podcast, I interview Jerremy Newsome, CEO and co-founder of RealLifeTrading in the US. I interviewed him a few episodes back (Episode 113) but today we go more in detail into what he trades, the strategies and also the routine he follows on a daily basis.

In this podcast, one topic we touch on in this interview which I think we never talked about before, is what does it take to become wealthy from trading. This is major because you cannot just trade day to day and become a wealthy trader. The definition of being wealthy, as Jeremy says, is “being able to make money while you sleep” -- and that won’t happen with trading most of the time.

SPONSOR: Join Jerremy Newsome's trading room during the open house week for FREE!

  Topics Covered In This Episode

• Who Jerremy is and what he does [2:23]
• What are Jerremy’s routines, things he does on a daily basis, things that make him a better trader and the strategies behind them [3:55]
• Why Jerremy looks at volume and what he wants to see [6:40]
• How he looks at a daily/weekly chart and 500 chart [12:58]
• Why Jerremy sells on a bullish volume [15:25]
• How Jerremy profits on the different scenarios [16:42]
• Building wealth and investing part of it to trade [21:50]
• How Jerremy manages when he travels to a different place [23:15]
• How Jerremy works when he’s trading [27:18]
• Entering one or multiple trades at a time [29:03]
• How volume is more important for upward breakout than downward breakdown [31:37]
• Jerremy’s open house trading room at Real Life Trading [35:56]
• Biggest pitfalls traders make [38:08]
• Separating his long-term stuff as opposed to short-term, having different trading accounts [40:49]
• Things to do to become a profitable trader if you’re just starting from scratch [43:52]
• Pros and cons of focusing on the stock market in your country [49:04]
• Jerremy’s advice for people trading [54:30]
• And many more!

Resources Mentioned

• Book: Tony Robbins’ Awaken The Giant Within

• Book: Tony Robbins’ Unleash the Power Within

  DesireToTRADE Top Resources

• Desire To TRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist (free checklist!)
• One-Page Trading Plan (free template!)
• DesireToTRADE Academy (exclusive training program)

  How To Find Jerremy?

• Email: [email protected]
• Real Life Trading
• Youtube
• LinkedIn
• Twitter
• Facebook

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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!