"The Reality of Full-Time Trading" - Rolf Schlotmann | Trader Interview
ฝัง
- เผยแพร่เมื่อ 24 มิ.ย. 2024
- In this trader interview, Etienne sits down with full-time trader Rolf Schlotmann (from @Tradeciety) to discuss what it's really like to build a full-time trading career. You'll learn from his experience on how to become a consistently profitable Forex trader.
📈 FREE Case Study "Quitting Your Job To Finally Trade Full-Time": desiretotrade.co/case-study
Where to find Rolf:
Education: @Tradeciety
Trading journal: d2t.link/edgewonk
Chapters:
0:00 "The Reality of Full-Time Trading"
0:36 Introduction
0:57 Who is Rolf Schlotmann?
2:01 Story Time - How trading started out
2:55 How Rolf decided to go full time trading
5:05 Why his early 20s was the best time to take risks
7:12 What is Rolf's trading style
8:06 How to overcome FOMO in the markets
9:23 Pivot Points: Rolf's favorite indicator
10:30 How to use Pivot Points
11:32 Why objectivity and structure is vital in trading
12:30 How to make Price Action trading more objective
14:04 What more is there to price action trading
16:42 How to filter market conditions
18:09 The importance of accepting losses
19:55 Why the obvious things are harder to trade
21:56 How should you develop YOUR OWN trading style
24:13 Why it's so hard to focus on 1 thing for 3-6 months
26:28 Why Rolf prefers to live in Asia over Europe
27:45 Should you move to Asia or somewhere else to trade?
28:52 How to deal with "the loneliness of trading"
31:37 How Rolf went from working 16hs/day to 2 hours/day
32:00 How to stay on top of trading full-time
33:48 How to review your trading performance and statistics
35:22 How to correct mistakes and negative behaviors in trading
36:34 Rolf's top advice for struggling traders
38:43 Why a winning trade is not always a good trade
39:49 How to transition from easy markets to tough markets
41:29 How to use FAILURE to improve as a trader
42:37 Why you should always keep a trading journal
43:09 Where to find Rolf Schlotmann & Tradeciety
#forextrader #trading #traderinterview
// SOCIAL
Forex Trader Community (Facebook Group): d2t.link/FBgroup
Facebook: / desiretotrade
Twitter: @desiretotrade
IG: @etiennecrete
// TRADING MUST-HAVE RESOURCES
Forex Broker (Pepperstone): d2t.link/pepperstone
Forex Broker for Canada (Axi): d2t.link/axitrader
Best Platform: d2t.link/tradingview
Backtesting Tool: d2t.link/soft4fx
VPS (for algo trading): d2t.link/vps
Trading Journal: d2t.link/journal
// MUSIC
David Cutter Music - www.davidcuttermusic.com
Andrew Applepie - andrewapplepie.com/
// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
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Very pleased and humbled to be able to say that Rolf is my trading mentor. His way of educating others on advanced concepts is unmatched in my opinion.
He is the best trust me.. I've been following his channel for over a year.
Rolf and Tradeciety are among my top 3 trading channels--he's no-nonsense that tells it like it is in a very straightforward approach which I highly respect, unlike so many other YT personalities that come across as crass and know-it-all
Definitely! Glad you like them 👍
Agree - his supply and demand coverage was notable due to Rolf's user friendly way of breaking it down. His knowledge is vast and he is clearly well read and experienced with these tools.
Rolf is a natural fit as an interview partner for you, Etienne. Great discussion, and as usual, lot of value here.
Tradeciety is definitely the best learning channel on YT Without doubt...Rolf definitely puts lots of efforts into making videos...👍👍👍Keep up the efforts Rolf..Nice to see you in an interview.🙏
Thanks :)
I've been trading for 20yrs plus and what this guy said, 5min in, about travelling to a cheap country to trade and live. GENIUS.
Tradeciety is the best at YT and Rolf is a great teatcher.I learn alot by watch the videos 👍
Really really good interview. Thank you.
Thanks so much for the Interview
Interview was superbly done, Etienne!!! You had asked and touched on all the relevant and critical points in trading for a living. Really looking forward to seeing such great content such as this.
Thanks! It means a lot 🙌
This is great thank you!
I just liked the part about living in Asia for the lower living expenses.
Great interview. You seem to ask all the right questions. love it !!!
Very glad to hear that, Carl!
Thank you!
Nice interview, Etinenne. I admire your patience.
I'm Thai and follow the youtube channel both of you. Thanks a lot for the knowledge about trading. It helps me so much.
I’m very glad to hear that! Thanks for the comment 🙏
Thanks E really good advice in the interview, the voice of experience is always the strongest.
That’s true! Glad you liked it, Bruce!
Great job Etienne, tons of respect to Rolf...what a journey. Inspirational : )
Glad you liked the interview :)
Always admire rolf's videos
Great interview as usual
Thanks bro
Glad you enjoyed it!
WOW... One of the very best interviews i've watched. Thanks
Glad you enjoyed it!
This interview it's a gem 💎
I’m really glad to hear that! Thanks a lot 🙏
superb content
amazing information, prior to very difficult subject matter still to learn.
Glad it was helpful!
another good one E! thanks dude
Glad you enjoyed it!
life without risks is not life. Good job man. Fortune favors the bold
Very much insightful
Great video👍🏻
Now I’m going to research pivot points!
Thank you
Awesome video !!
Glad you enjoyed it! And thanks for the comment :)
Rolf is the GOAT. I did his course on tradeciety. Still do his reversal strategy.
The time zone thing for me is huge. I like SE Asia already, so the time zone for trading the use market, while over there, will be nice. I’ve always been such a night owl and feel the most “awake”, in the evening. And living on the west coast US, is brutal for me to get to bed early enough, to be awake at 5:30am and start going over charts and analyzing them. Definitely looking forward to being back over there, this fall.
great interview, very interesting trader
i love this trader,a real trader, just like us
Tradeciety / Rolf great mentor
What’s the indicator that you made? Do you give access to it?
I would love to meet you guys, so good…. Thank you
Etienne & rolf, this interview was amazing, i learned a lot just by listening
Immediately subscribed to Rolf's channel :)
If there will ever be a follow up, I'd be interested in knowing why he only stuck to algos for 2 years. If one is trading an objective system, wouldn't it be helpful?
Might do a follow up next time I’m in Chiang Mai :)
Which pivot he use? Standard or camarilla ???
Oh I know this guy - I watch his videos too
I love Tradeciety, changed my life for the better
Tradeciety, RockzFx and the Trading Chanel. these are my top 3 youtube accounts
Is he live in Chiang Mai?
Funny enough, I will also move to Vietnam soon as I'm done with uni and saved a sum of money to make it!
Bro you should ask these top traders how much they make monthly[ROI] and how much % they risk per trade
Thats useless. It depends on how you manage risk and your state.
How much annual and monthly percentage you aim for....how much it's % left after tax deduction.🤔😔
So good. Simplify, Simplify, Simplify.
I understated... this is one of best interviews I've seen on TH-cam. excellent job, excellent guest
Did anybody notice Rolph's tattooed arm seems much bigger than his other arm. Is it an illusion because of tattoo ?
Talk slower, it's very hard to understand you when you're racing through words
😂
Why not slow the video down if yiu have bad hearing. Use your grown up skills.
And u call urself a stoic
Etienne it’s really slowing down your intro. 9/10 times it’s very poorly enunciated. Slow it down please
@@user-ot3zk5me5l I don't have bad hearing kiddo , if he's going to do videos in English, speak English.
10:44 That's the main important part.
Why you were laughing after 04:00, even made a cut in video
What was that
must have been my dog disturbing in the background ;)
I cnt sometimes understand your words.
If they job is all about money why they live in cheap places ,they should live on 5 avenue
Living on 5th avenue you might spend $10k to $20k+ a month. Or live in Thailand where you have a great lifestyle for $1k to $2k a month. It's more money in your pocket.
I tried to find him on TH-cam but no luck
Please leave a link for him
Check the description :)
I like his accent
Rolf is the best out here ...been using his strategies..teo rayner is also good but not as objective as rolf..
Glad to hear that :)
So how is this guy dealing with the visa issues? You can't just plop down into a SEAsian country and expect to stay there beyond visa extension.... Something isn't adding up.
I can only speak for Thailand. They have a marriage visa which you can renew year after year. They also have a Thai Elite visa (which I went for). You can stay for 5 years.
@@DesireToTRADE Hey Etienne, not many people are willing to drop 100K into the system for that long. I smell visa run central...haha. Been watching you for a long time. Keep it up. One thing, a lot of your interviewees are both equity traders and fx. I think you need to find an fx trader from the INSIDE of the industry if you can....Someone that knows how the Algo works. I assume many of them sign NDA's, but someone has to be writing and updating the algo. The algo doesn't update itself. I don't know how else to put it cause I don't know how exactly it works. I bet these people have to sign NDA's. I think this would be a game changer so it's guarded. There's too many unkowns in the FX market that we leave untouched....The way I see it is the fx market is an ultimate killing machine.
Etienne please when u interview focus on the person dont always inject ur self. If u want create a separate video about urself
😌 ᴘʀᴏᴍᴏsᴍ
you sound more american in this
yo these germans love follow rules. lol. I need to follow my rules.
I follow him on Tradeciety. Grounded. Disciplined. Informative.
Absolutely!
Any audited verified 3rd party track record performance? Show me the money. Check the Forexpeacearmy reviews.
Forexpeacearmy is a scam. You can pay to get your product/broker recommended. And for most others, you’ll get a bad review and they’ll ask you to pay to change it.