"The Reality of Full-Time Trading" - Rolf Schlotmann | Trader Interview

Ойын-сауық

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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Пікірлер: 93

  • @kristoffernor897
    @kristoffernor897 Жыл бұрын

    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.

  • @pullshow..

    @pullshow..

    11 ай бұрын

    He is the best trust me.. I've been following his channel for over a year.

  • @Gatecrasher1
    @Gatecrasher1 Жыл бұрын

    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

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Definitely! Glad you like them 👍

  • @Baseline1

    @Baseline1

    Жыл бұрын

    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.

  • @AM-rh2nm
    @AM-rh2nm Жыл бұрын

    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.

  • @prasannamane2989
    @prasannamane2989 Жыл бұрын

    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.🙏

  • @Tradeciety

    @Tradeciety

    Жыл бұрын

    Thanks :)

  • @matzcarl
    @matzcarl Жыл бұрын

    Tradeciety is the best at YT and Rolf is a great teatcher.I learn alot by watch the videos 👍

  • @apeopleforhisname
    @apeopleforhisname Жыл бұрын

    Really really good interview. Thank you.

  • @bjacob5451
    @bjacob5451 Жыл бұрын

    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.

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Thanks! It means a lot 🙌

  • @aniket04b
    @aniket04b Жыл бұрын

    Thanks so much for the Interview

  • @oodles86
    @oodles86 Жыл бұрын

    I just liked the part about living in Asia for the lower living expenses.

  • @carlnevitt1
    @carlnevitt1 Жыл бұрын

    Great interview. You seem to ask all the right questions. love it !!!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Very glad to hear that, Carl! Thank you!

  • @thanapolk8337
    @thanapolk8337 Жыл бұрын

    I'm Thai and follow the youtube channel both of you. Thanks a lot for the knowledge about trading. It helps me so much.

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    I’m very glad to hear that! Thanks for the comment 🙏

  • @leslie6583
    @leslie6583 Жыл бұрын

    Nice interview, Etinenne. I admire your patience.

  • @DiegoTheGenius
    @DiegoTheGenius Жыл бұрын

    life without risks is not life. Good job man. Fortune favors the bold

  • @AN-yr7nm
    @AN-yr7nm Жыл бұрын

    Great job Etienne, tons of respect to Rolf...what a journey. Inspirational : )

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad you liked the interview :)

  • @pardonmushambi7560
    @pardonmushambi7560 Жыл бұрын

    Tradeciety, RockzFx and the Trading Chanel. these are my top 3 youtube accounts

  • @brucesmith6868
    @brucesmith6868 Жыл бұрын

    Thanks E really good advice in the interview, the voice of experience is always the strongest.

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    That’s true! Glad you liked it, Bruce!

  • @cw433
    @cw433 Жыл бұрын

    This is great thank you!

  • @Shashank230
    @Shashank230 Жыл бұрын

    Always admire rolf's videos

  • @gellertrimoczi3801
    @gellertrimoczi38016 ай бұрын

    Rolf is the GOAT. I did his course on tradeciety. Still do his reversal strategy.

  • @craigdruery984
    @craigdruery984 Жыл бұрын

    WOW... One of the very best interviews i've watched. Thanks

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad you enjoyed it!

  • @DefineStrength
    @DefineStrength8 ай бұрын

    another good one E! thanks dude

  • @DesireToTRADE

    @DesireToTRADE

    8 ай бұрын

    Glad you enjoyed it!

  • @giovannilouis7947
    @giovannilouis7947 Жыл бұрын

    This interview it's a gem 💎

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    I’m really glad to hear that! Thanks a lot 🙏

  • @connectionsconnections819
    @connectionsconnections819 Жыл бұрын

    Great interview as usual Thanks bro

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad you enjoyed it!

  • @Price_Action_Trades
    @Price_Action_Trades Жыл бұрын

    Tradeciety / Rolf great mentor

  • @IsaacSMILE
    @IsaacSMILE Жыл бұрын

    Now I’m going to research pivot points!

  • @ManishSharma_26
    @ManishSharma_266 ай бұрын

    i love this trader,a real trader, just like us

  • @abamblack
    @abamblack Жыл бұрын

    superb content

  • @lightkirsche
    @lightkirsche Жыл бұрын

    amazing information, prior to very difficult subject matter still to learn.

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad it was helpful!

  • @shera1783
    @shera1783 Жыл бұрын

    Great video👍🏻

  • @rit20095
    @rit20095 Жыл бұрын

    Very much insightful

  • @Jacked2theTs
    @Jacked2theTs Жыл бұрын

    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.

  • @rossbirch7657
    @rossbirch7657 Жыл бұрын

    Thank you

  • @AM-cs8yi
    @AM-cs8yi4 ай бұрын

    I love Tradeciety, changed my life for the better

  • @ricardozara
    @ricardozara Жыл бұрын

    Awesome video !!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad you enjoyed it! And thanks for the comment :)

  • @anmayo917
    @anmayo917 Жыл бұрын

    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?

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Might do a follow up next time I’m in Chiang Mai :)

  • @shannonwells3054
    @shannonwells3054 Жыл бұрын

    I would love to meet you guys, so good…. Thank you

  • @Memory1sRam
    @Memory1sRam Жыл бұрын

    great interview, very interesting trader

  • @natecannon2734
    @natecannon2734 Жыл бұрын

    What’s the indicator that you made? Do you give access to it?

  • @Dom_cap
    @Dom_cap Жыл бұрын

    Funny enough, I will also move to Vietnam soon as I'm done with uni and saved a sum of money to make it!

  • @loganbranjord7855
    @loganbranjord7855 Жыл бұрын

    Oh I know this guy - I watch his videos too

  • @Shashank230
    @Shashank230 Жыл бұрын

    Which pivot he use? Standard or camarilla ???

  • @GoatOnDecks
    @GoatOnDecks Жыл бұрын

    Bro you should ask these top traders how much they make monthly[ROI] and how much % they risk per trade

  • @spontaneousbootay

    @spontaneousbootay

    Жыл бұрын

    Thats useless. It depends on how you manage risk and your state.

  • @yunfeili1955
    @yunfeili1955 Жыл бұрын

    Is he live in Chiang Mai?

  • @VampirusX
    @VampirusX Жыл бұрын

    10:44 That's the main important part.

  • @gaonerantlhoiwa5593
    @gaonerantlhoiwa5593 Жыл бұрын

    I follow him on Tradeciety. Grounded. Disciplined. Informative.

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Absolutely!

  • @therealdoctory-roblox3844
    @therealdoctory-roblox3844 Жыл бұрын

    Did anybody notice Rolph's tattooed arm seems much bigger than his other arm. Is it an illusion because of tattoo ?

  • @donkeyface
    @donkeyface Жыл бұрын

    So good. Simplify, Simplify, Simplify.

  • @donkeyface

    @donkeyface

    Жыл бұрын

    I understated... this is one of best interviews I've seen on KZread. excellent job, excellent guest

  • @Nirmalkumar-hc3hp
    @Nirmalkumar-hc3hp Жыл бұрын

    How much annual and monthly percentage you aim for....how much it's % left after tax deduction.🤔😔

  • @StoicTrader-
    @StoicTrader- Жыл бұрын

    Talk slower, it's very hard to understand you when you're racing through words

  • @izuaff04

    @izuaff04

    Жыл бұрын

    😂

  • @user-ot3zk5me5l

    @user-ot3zk5me5l

    Жыл бұрын

    Why not slow the video down if yiu have bad hearing. Use your grown up skills.

  • @Kodakodakoda857

    @Kodakodakoda857

    Жыл бұрын

    And u call urself a stoic

  • @skatertrader

    @skatertrader

    Жыл бұрын

    Etienne it’s really slowing down your intro. 9/10 times it’s very poorly enunciated. Slow it down please

  • @StoicTrader-

    @StoicTrader-

    Жыл бұрын

    @@user-ot3zk5me5l I don't have bad hearing kiddo , if he's going to do videos in English, speak English.

  • @courtnaypower4808
    @courtnaypower4808 Жыл бұрын

    I like his accent

  • @connectionsconnections819
    @connectionsconnections819 Жыл бұрын

    I tried to find him on KZread but no luck Please leave a link for him

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Check the description :)

  • @viskykutti764
    @viskykutti764 Жыл бұрын

    Why you were laughing after 04:00, even made a cut in video What was that

  • @Tradeciety

    @Tradeciety

    Жыл бұрын

    must have been my dog disturbing in the background ;)

  • @deniscity7247
    @deniscity7247 Жыл бұрын

    If they job is all about money why they live in cheap places ,they should live on 5 avenue

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    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.

  • @Jasper.Jaja0923
    @Jasper.Jaja0923 Жыл бұрын

    I cnt sometimes understand your words.

  • @barakoqua367
    @barakoqua367 Жыл бұрын

    Rolf is the best out here ...been using his strategies..teo rayner is also good but not as objective as rolf..

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad to hear that :)

  • @deejay4837
    @deejay483718 күн бұрын

    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.

  • @DesireToTRADE

    @DesireToTRADE

    18 күн бұрын

    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.

  • @deejay4837

    @deejay4837

    18 күн бұрын

    @@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.

  • @MrBeanoy
    @MrBeanoy Жыл бұрын

    Etienne please when u interview focus on the person dont always inject ur self. If u want create a separate video about urself

  • @trumanerichson6297
    @trumanerichson6297 Жыл бұрын

    😌 ᴘʀᴏᴍᴏsᴍ

  • @johnjones3332
    @johnjones33323 ай бұрын

    yo these germans love follow rules. lol. I need to follow my rules.

  • @quanathan
    @quanathan10 ай бұрын

    you sound more american in this

  • @Talegari
    @Talegari Жыл бұрын

    Any audited verified 3rd party track record performance? Show me the money. Check the Forexpeacearmy reviews.

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    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.

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