How To Succeed At Trading For A Living In episode 138 of the Desire To Trade Podcast, I interview full-time trader Moritz Czubatinski exploring the topic of how to succeed at trading for a living. Moritz has been trading for quite some time. He founded Tradeciety and Edgewonk (a pretty cool trading software) together with his business partner Rolf. Moritz has lived in Asia for 7 years and moved back to Germany to run his businesses. He has also been a day trader and is right now transitioning to swing trading and position trading. In this podcast, Moritz talks a little bit more about his tactics and some of the uncommon ways that are used to become a profitable trader and to continue growing.  Topics Covered In This Episode What he’s doing in Europe these days [2:50] Living in Asia and trading or working while there [3:58 His favorite trading and non-trading books [5:10] What helped him most to become a profitable trader and trade full-time [6:50] What needs to be on your to-do list if you’re a beginning trader [8:57] How he became profitable and the things he did [10:38] His review process [12:53] What he will tell people to do when everything seems to go wrong [14:20] Thinking in terms of time [16:27] Transitioning from day trading to swing trading [18:31] His best tip for people who don’t have a strategy [19:54] How he handles drawdown [22:30] What his ideal setup is [24:02] Trading with single or many strategies/systems [26:07] Using volume in stocks [29:08] His productivity techniques [30:10] Scheduling his trading time [32:43] His entry system and recommended timeframe for new or aspiring traders [34:39] Studying to become better [35:47] Things that he keeps doing to move forward [37:13] Accounts he started with [40:20] What people have to learn about [41:34] Scenario optimizer/tester in Edgewonk and other features [43:56] His educational background [48:56] Best and worst parts of the forex trader lifestyle [50:02] His thoughts on hedging [50:51] Different job fields one can take in trading [53:19] Resources Mentioned Trade Journaling: Edgewonk Book: Technical Analysis of Stock Trends by Robert Edwards & John Magee Book: Atlas Shrugged by Ayn Rand Book: Portfolio Selection by Harry Markowitz Book: The Evaluation and Optimization of Trading Strategies by Robert Pardo DesireToTRADE Top Resources Desire To TRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy (exclusive training program) How To Find Moritz Czubatinski? Tradeciety Facebook Twitter Email What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!