Barry Burns: How To Earn Money Like Highly Successful Traders | Trader Interview


How To Earn Money Like Highly Successful Traders – Barry Burns | Trader Interview
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Show notes:

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.

I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews.

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

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// 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.

// 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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15 thoughts on “Barry Burns: How To Earn Money Like Highly Successful Traders | Trader Interview”

  1. I have been following Barry Burns for a while and I very much enjoyed listening to this interview as I gained a much greater appreciation for him, his material and the person that he is…Thank you Etienne for all of the interviews..you made good on your survey about what questions we would like to hear answered..I really enjoy your content as well and I find that your interview style is very effective and I learn something with each one that I get a chance to listen to

  2. great job sir… keep guiding.. I know him and he solved few of my complex problems free , I need his very presence  on youtube, in the form of teaching  ( making small videos) which are of immense help to traders and long term investors. His mentorship is guiding and helping millions of people ,including me .. Kind Regards

  3. Hello

    I want to earn a lot of money with Forex and get rich, how do I do that, I am a beginner?! Can you tell me how it works or if it works at all?Can someone help me or give me some tips?

    Thank you.

    Sari

  4. i always love to hear the stories of the floor action. as antiquated as the process is, there are nuggets of info there because essential elements of the process as it stands today have been baked in from the habits and attitudes of that time.

    Also, I am in calculus 2 class now, so it was interesting to hear him to start explaining things in terms of what i am learning there. before he even mentioned physics and math i started noticing parallels to what i am learning -and then he expliccitly started talking about formulas for momentum etc. very interesting. thanks Etienne

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