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 by managing wealth, diversification, and mindset like a professional. Eric shares how he structures his trading for stability, balances growth with robustness, and uses other income streams like real estate to secure long-term financial independence.

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

>> Watch the video recording!

Topics Covered In This Episode

• 00:00 Introduction
• 01:01 Building wealth and managing capital beyond trading
• 03:36 Why diversification matters even for skilled traders
• 05:03 Managing trading income and reducing tax burden
• 08:29 When to start diversifying your income sources
• 11:14 Trading for robustness vs trading for growth
• 13:17 How Eric structures and funds his trading lifestyle
• 14:27 The role of real estate and tax advantages for traders
• 16:25 Eric's favorite trading strategies and profit mechanisms
• 20:22 Balancing core vs speculative allocations
• 22:20 What it means to have an "Outlier Mindset" in trading
• 25:53 How to use structure and planning to level up as a trader
• 28:32 Where to find Erik Smolinski (link below)

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Desire To Trade's Top Resources

• DesireToTRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist
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• Desire To TRADE Academy
• Get a copy of Prop Trading Secrets (Author: Kathy Lien & Etienne Crete)

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How to find Erik Smolinski

• outliertrading.io

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