"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
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..
11 ай бұрын
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
@DesireToTRADE
Жыл бұрын
Definitely! Glad you like them 👍
@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.
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 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
Жыл бұрын
Thanks :)
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.
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
Жыл бұрын
Thanks! It means a lot 🙌
Thanks so much for the Interview
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 !!!
@DesireToTRADE
Жыл бұрын
Very glad to hear that, Carl! Thank you!
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
Жыл бұрын
I’m very glad to hear that! Thanks for the comment 🙏
Nice interview, Etinenne. I admire your patience.
life without risks is not life. Good job man. Fortune favors the bold
Great job Etienne, tons of respect to Rolf...what a journey. Inspirational : )
@DesireToTRADE
Жыл бұрын
Glad you liked the interview :)
Tradeciety, RockzFx and the Trading Chanel. these are my top 3 youtube accounts
Thanks E really good advice in the interview, the voice of experience is always the strongest.
@DesireToTRADE
Жыл бұрын
That’s true! Glad you liked it, Bruce!
This is great thank you!
Always admire rolf's videos
Rolf is the GOAT. I did his course on tradeciety. Still do his reversal strategy.
WOW... One of the very best interviews i've watched. Thanks
@DesireToTRADE
Жыл бұрын
Glad you enjoyed it!
another good one E! thanks dude
@DesireToTRADE
8 ай бұрын
Glad you enjoyed it!
This interview it's a gem 💎
@DesireToTRADE
Жыл бұрын
I’m really glad to hear that! Thanks a lot 🙏
Great interview as usual Thanks bro
@DesireToTRADE
Жыл бұрын
Glad you enjoyed it!
Tradeciety / Rolf great mentor
Now I’m going to research pivot points!
i love this trader,a real trader, just like us
superb content
amazing information, prior to very difficult subject matter still to learn.
@DesireToTRADE
Жыл бұрын
Glad it was helpful!
Great video👍🏻
Very much insightful
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.
Thank you
I love Tradeciety, changed my life for the better
Awesome video !!
@DesireToTRADE
Жыл бұрын
Glad you enjoyed it! And thanks for the comment :)
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
Жыл бұрын
Might do a follow up next time I’m in Chiang Mai :)
I would love to meet you guys, so good…. Thank you
great interview, very interesting trader
What’s the indicator that you made? Do you give access to it?
Funny enough, I will also move to Vietnam soon as I'm done with uni and saved a sum of money to make it!
Oh I know this guy - I watch his videos too
Which pivot he use? Standard or camarilla ???
Bro you should ask these top traders how much they make monthly[ROI] and how much % they risk per trade
@spontaneousbootay
Жыл бұрын
Thats useless. It depends on how you manage risk and your state.
Is he live in Chiang Mai?
10:44 That's the main important part.
I follow him on Tradeciety. Grounded. Disciplined. Informative.
@DesireToTRADE
Жыл бұрын
Absolutely!
Did anybody notice Rolph's tattooed arm seems much bigger than his other arm. Is it an illusion because of tattoo ?
So good. Simplify, Simplify, Simplify.
@donkeyface
Жыл бұрын
I understated... this is one of best interviews I've seen on KZread. excellent job, excellent guest
How much annual and monthly percentage you aim for....how much it's % left after tax deduction.🤔😔
Talk slower, it's very hard to understand you when you're racing through words
@izuaff04
Жыл бұрын
😂
@user-ot3zk5me5l
Жыл бұрын
Why not slow the video down if yiu have bad hearing. Use your grown up skills.
@Kodakodakoda857
Жыл бұрын
And u call urself a stoic
@skatertrader
Жыл бұрын
Etienne it’s really slowing down your intro. 9/10 times it’s very poorly enunciated. Slow it down please
@StoicTrader-
Жыл бұрын
@@user-ot3zk5me5l I don't have bad hearing kiddo , if he's going to do videos in English, speak English.
I like his accent
I tried to find him on KZread but no luck Please leave a link for him
@DesireToTRADE
Жыл бұрын
Check the description :)
Why you were laughing after 04:00, even made a cut in video What was that
@Tradeciety
Жыл бұрын
must have been my dog disturbing in the background ;)
If they job is all about money why they live in cheap places ,they should live on 5 avenue
@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.
I cnt sometimes understand your words.
Rolf is the best out here ...been using his strategies..teo rayner is also good but not as objective as rolf..
@DesireToTRADE
Жыл бұрын
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.
@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
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.
Etienne please when u interview focus on the person dont always inject ur self. If u want create a separate video about urself
😌 ᴘʀᴏᴍᴏsᴍ
yo these germans love follow rules. lol. I need to follow my rules.
you sound more american in this
Any audited verified 3rd party track record performance? Show me the money. Check the Forexpeacearmy reviews.
@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.