Ex-Pit Trader’s Profitable Trading Secrets

In episode 442 of the Desire To Trade Podcast, we will be listening to the recording of an interview with ex-pit trader and author Brad Schaeffer as he talks about profitable trading secrets. Get valuable tips and know what to avoid as a trader - straight from the legend, himself!

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

>> Watch the video recording!

Topics Covered In This Episode

• 00:00 Introduction
• 00:39 How did you start trading?
• 03:46 How did you know this is a good career for you?
• 05:06 Brad's memorable trade
• 07:53 Trading for a living
• 10:28 Moving from trading on the pit to trading on your own
• 12:06 Brad's trading style
• 15:27 Common things in trading that you don’t agree with
• 17:30 Do you focus more on reversals?
• 18:23 Finding your niche
• 19:26 What made you like trading energy?
• 21:32 What kind of timeframe do you focus on?
• 22:21 Common mistakes that people fall into
• 24:13 Mistakes traders make that prevent them from getting to a good level
• 26:32 Do you think anyone can be a trader?
• 28:22 How to filter the noise of the market
• 30:35 Information on Brad's books (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!

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:
  • EightCap (preferred Crypto and FX Broker)
  • AxiTrader (use our link to get a special bonus)
• Desire To TRADE Academy

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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!

Where to find Brad Schaeffer

• Brad's Book: Life In the Pits

Resources mentioned: Day Trading Quickstart Guide Forex Trading Quickstart Guide 12 Power eBook

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