484: He Went from Rock-Bottom to Full-Time Trader - Michael Toma
Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
Release Date: 12/09/2024
Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
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The Truth About Day Trading For A Living In episode 531 of the Desire To Trade Podcast, you will be listening to an interview with Blake Morrow — a veteran trader and founder of Forex Analytix — who breaks down what it really takes to trade for a living. He shares his 30-year journey from losing $30,000 in six months to managing multi-million dollar accounts and teaching traders worldwide. The conversation dives deep into discipline, risk, confidence, and why the best traders know when to cut a loss and move on. The video is also available for you to watch on YouTube. >> Topics...
info_outlineHe Went from Rock-Bottom to Full-Time Trader
In episode 484 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Michael Toma, who discusses how he went from rock bottom to full-time trader. It’s a tell-all that even Etienne didn’t know about…until now.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- 00:00 Introduction
- 00:57 Michael’s journey to trading success
- 02:16 How he learned to trade
- 05:23 Overcoming personal and professional challenges
- 07:53 Building a trading capital
- 10:54 Keys to consistency
- 11:49 Increasing capital
- 14:14 The importance of risk management
- 16:49 Risk management 101
- 20:28 Trading style and lifestyle
- 23:48 Managing trading and traveling
- 25:05 Coach Mike’s advice to struggling traders
- 27:22 Building connections and community
- 28:41 Future goals and quality of life
- 30:09 Reaching the “crossover point”
- and much more
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How to find Michael Toma
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
