059 – Full-Time Trader Traveling the World – Interview w Etienne Crete - Consistent Profits Podcast

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059 – Full-Time Trader Traveling the World – Interview w Etienne Crete

April 25, 2024 • 24 mins

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For those of you not already familiar with him, Etienne has been trading full-time since 2017.

He helps aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom. He is the creator of DesireToTrade.com where he hosts his own podcast and provides courses and coaching to all levels of traders, plus has his own prop firm to help traders scale faster.

Show Notes

We discuss the traits necessary for successful trading, including perseverance, discipline, patience, adaptability, and focus.
The importance of passion for trading and how it can drive motivation and perseverance.
Etienne shares his perspective on the best path for aspiring traders to accelerate their development, highlighting the importance of connecting with experienced traders and seeking mentorship.
Comparison between traits needed for prop firm traders versus traditional traders, emphasizing the importance of viewing trading as a game of numbers for prop firm traders.
Low success rate of traders achieving full-time income, emphasizing the need for patience and strategy.
Statistics on the success rates of traders in prop firms, highlighting the high percentage of failures in initial challenges
We talked about potential impact of global events, such as elections and social unrest, on the markets.
We discuss on traders using prop firms as a strategy for capital sourcing.
The recent platform changes in prop firms and their impact on traders.

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