What It Really Takes to Trade for a Living

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#619: What It Really Takes to Trade for a Living

In this video:
00:01 – Summary of the interview.
00:31 – Andrew Mitchem interview with Etienne Crete.
01:13 – What it takes to succeed in the market long term.
04:37– How long will it take to be a good trader?
06:25 – How do you know if your strategy is not working?
10:40 – What time frame charts should I trade?
18:23 – Prop firm advantages and disadvantages.
22:15 – What returns can I make?
27:40 – Mindset of trading.
30:36 – Contact Andrew

Summary of the interview.

The amount that you make as a dollar value is not important to me. It’s the percentage that you make as opposed to the percentage risk, because you can go on to a prop firm and use their money if you’re good. You know, it doesn’t matter whether I lose $10, $100 or $1,000 if it’s still the same percentage. I’m going to make $30, $300 or $3,000.

You know, if it’s a 3 to 1 trade, providing that you get your mindset away from the numbers and you look at it as percentages.

Andrew Mitchem interview with Etienne Crete.

Something not to do with Andrew Mitchem. And Andrew is a trader that I really admire for his consistency in trading the same methods mostly for multiple decades now, I believe. So it was good to see you back on the podcast. We had a chat a few months ago, I beli