Starting A Prop Trading Firm & Staying Profitable

In episode 285 of The Desire To Trade Podcast, I talk with full-time trader and prop firm trader Samuel Kavanagh. We discuss his journey toward becoming a successful trader and the things that motivated him in starting a prop trading firm.

Watch the video interview here.

Topics Covered In This Episode

• 0:15 Who is Samuel Kavanagh and what he does
• 0:36 How Sam got into trading
• 4:49 What was the turning point for Sam
• 7:12 How Sam used multiple sources of income to increase his trading
• 12:29 What were some difficult moments Sam found in his development and how he overcame them
• 17:47 What were Sam next steps after becoming a profitable trader
• 22:14 How to balance discipline with being flexible to market conditions
• 26:46 How a day in Sam´s life looks like
• 33:43 What was Sam´s motivation to develop his own prop firm
• 39:55 How Sam identifies if a trader has potential as a prop trader
• 45:09 Where to find Samuel Kavanagh
• 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!

Resources Mentioned

• Stop Moaning And Start Improving - by Tom Dante
• Stop Moaning And Start Improving Part 2 - by Tom Dante

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:
  • Pepperstone (use our link to get a special bonus)
  • AxiTrader (use our link to get a special bonus)
• 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 Samuel Kavanagh?

• Website
• YouTube
• Instagram

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!