How To Earn Money Like Highly Successful Traders – Barry Burns | Trader Interview
FREE: Barry’s 5-Day Video Trading Course:
In episode 116 of the Desire To Trade Podcast, I interview Barry Burns, a trader, and educator. He came on the podcast to talk about his 50 years of experience on what highly successful traders do.
More About Barry Burns
Dr. Barry Burns started his study of the markets under the
direction of his late father, Patrick F. Burns, who accumulated
70 years of trading experience in his lifetime.
Barry is also the author of the book Trend Trading For Dummies published by Wiley. He has been seminar presenter for several exchanges including the CME Group and Eurex, & founded Top Dog Trading, to help students shorten their learning curves in becoming traders.
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What’s Covered In This Episode
The difference between successful and unsuccessful people 1:30
Barry Burns’ trading style with 7 monitors 3:40
How Barry started to trade with his father 50 years ago 5:54
A powerful method to understand what happens in the market 10:15
The lessons Barry learned early on that can be applied today 11:25
The transition to trading with computers 12:40
The process of getting feedback on your trading 16:00
The uncommon things most traders do wrong 19:15
Trade setups & strategies Barry Burns relies on 20:43
How many trades Barry takes in a day by trading 3 hours/day 31:40
How Barry Burns manages life & day trading (time management advice) 38:10
Trading the open vs. trading later during the day 41:44
What highly successful traders are willing to do others don’t (POWERFUL ADVICE) 45:20
Forex Trader Community (Facebook Group):
// About Me
My name is Etienne Crete (from Montreal, Canada). I’m a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
What you must know: I’m all for trading foreign exchange, but I think freedom is much more important than time spent in front of your computer.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That’s why you can expect more free content from me than what other people charge for!
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you’re good at.
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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