2 Traders Podcast

EP49: Success (Part 1 of 2)


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In this episode of 2Traders Podcast, Darren and Walter look at “success.”
For instance, if you’re a successful and consistent trader, then why are you not mega-rich? Why don’t you have multimillion dollar real estate portfolio and a Ferrari? They dig into the idea of success and what it means to different traders. Your comfort zone, priorities, goals, and your relationship with money all dicate what “success” is for you.

You’ll find out what you should be focusing on with your trading in order to become “successful.”



Also, you’ll find out why large trading accounts are risky and how brokers can leave you broke.
Download (Duration: 19:17 /22.0 MB)
In this episode:

01:14 – why are you not mega rich?

03:06 – real driving force

05:55 – personal relationship with money

08:20 – learn about yourself

10:15 – “comfortable with my trading, why change?”

11:37 – what-if-situation

13:03 – key that unlocks what you want

15:32 – why do I need anything more?

16:05 – how safe is your money?
Tweetables:

You have to be honest with yourself. [Click To Tweet].

Your relationship with money is a part of you success as a trader. [Click To Tweet].

Do you really want to be trading big positions? [Click To Tweet].
Download The Full Episode 49 Transcript Here
Walter: Just because you’re a trader, doesn’t mean it changes who you are and exactly sort of your trajectory. I think it just gives you a little bit more freedom, really…
Announcer: Two traders, Darren and Walter, pull back the curtain on profitable trading systems, consistent money management, and profitable psychological triggers. Welcome to the Two Traders Podcast.
Walter: Welcome to the Two Traders Podcast. It’s Walter here and I’ve got Darren on the line. How are you doing, Darren?
Darren: I’m really good. Thank you, Walter.
Walter: Interesting idea, Darren. I’m going to basically let you launch this episode with the question I think is something that is probably in a lot of trader’s minds. In particular, to those traders who were looking for some guardians or mentor or someone to sort of leverage off of their experience.
This is probably something that comes up quite a bit. So, what are we going to talk about today, Darren?
Darren: It’s a question that I get asked in around about way a lot of times. It is this notion that if you can trade fairly consistently, and successfully, why are you not mega rich like have massive yacht, houses, be around the planet , you know… Bentleys and Ferraris. If you can trade, why have you not got that?
I can only speak for my point of view. For me, it’s because it’s not just about the money, it’s about finding a scenario where I’m comfortable and that’s not just in my trading strategy, it’s in all of the other elements of my life that go around that as well.
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2 Traders PodcastBy Walter Peters