Desire To Trade Podcast | Interviews with Highly Successful Traders3 Okt 2016

060: Building Your Edge In Any Financial Market - Adam Grimes

Adam Grimes: Building Your Edge In Any Financial Market

Join the Facebook group for more free resources

In episode 60 of the Desire To Trade Podcast, I interview Adam Grimes, a stock, futures and currency trader with a formal education as a musician. Adam trades for a living and is also behind his personal blog.

He started in Futures trading several years ago and was over-leveraged.

Adam reminds us that there are countless ways to make money in the market, but that a trader's method must be defined in advanced. While a lot of traders rely blindly on trading psychology, Adam highlights the fact that having a proven system is essential from the start.

During this interview, Adam mentions one thing I have noticed from discussing with struggling traders. Most traders who do not have consistent results haven't even tested their systems but want to believe that their system work.

Topics Covered - Adam Grimes

Why common trading advice can be wrong
The technical analysis concepts that don't have an edge
How quantitative trading works
Reliance on trading psychology and its effect
How to find your edge in the market
How you can fail to trade successfully with a backtested system
How to use discretion in your trading
How to adapt your strategy to several markets
The FIRST stage of success - Very important!

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

If you truly want to succeed in Forex trading, you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at.

Get the Forex Day Trading Success Cheat Sheet for FREE!
http://www.desiretotrade.com/day-trading-success-cheat-sheet/

Check out the Desire To Trade Podcast - Trading Tips & Interviews with Successful Traders: http://www.desiretotrade.com/podcast/
iTunes: http://www.desiretotrade.com/itunes/
Stitcher: http://www.desiretotrade.com/stitcherpodcast/

For a lot of article and tips that will help you become the best trader you can be: http://www.desiretotrade.com

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(577)

568: This Scalper Made $15M Trading The Stock Market (Scott Pulcini)

This Scalper Made $15M Trading The Stock Market In episode 568 of the Desire To Trade Podcast, you will be listening to an interview with veteran scalper Scott Pulcini, who shares his journey from los...

14 Jul 46min

567: Becoming A Profitable Trader Is Actually Easy (Trader Motivation)

Becoming A Profitable Trader Is Actually Easy In episode 567 of the Desire To Trade Podcast, you will hear advice from some of the best traders in the world on how to become profitable. If you're seri...

6 Jul 20min

566: I Made $4 Million Trading Forex. Why I Quit? (Vitalii Bulynin)

I Made $4 Million Trading Forex. Why I Quit? In episode 566 of the Desire To Trade Podcast, you will be listening to an interview with Versus Trade founder Vitalii Bulynin, who made $4 million trading...

29 Jun 21min

565: What The Top 1% of Traders All Have In Common (Jack Schwager & George Coyle)

What The Top 1% of Traders All Have In Common (Jack Schwager & George Coyle) In episode 565 of the Desire To Trade Podcast, you will be listening to an interview with the legendary Jack Schwager and f...

22 Jun 28min

564: 100+ Years of Brutal Trading Advice in 52 Minutes

100+ Years of Brutal Trading Advice in 52 Minutes In episode 564 of the Desire To Trade Podcast, you will be listening to 100+ years of brutal trading advice in 52 minutes. These are the most honest c...

15 Jun 53min

563: 1 Hour of Genius Trading Advice From Top 1% Traders

1 Hour of Genius Trading Advice From Top 1% Traders In episode 563 of the Desire To Trade Podcast, you will be listening to advice from traders who have survived decades in the markets — including one...

8 Jun 1h 5min

562: Build An Unstoppable Trading Mindset (Mandi Pour Rafsendjani)

Build An Unstoppable Trading Mindset In episode 562 of the Desire To Trade Podcast, you will be listening to an interview with elite trading psychologist Mandi Pour Rafsendjani as she discusses how to...

1 Jun 34min

561: 51 Years Living Off The Markets (Peter Robbins)

51 Years Living Off The Markets In episode 561 of the Desire To Trade Podcast, you will be listening to an interview with trader and author Peter Robbins, who's been living off the markets for over 50...

25 Mai 29min