Becoming A Profitable Trader by Working on Yourself! - Chris Tate | Trader Interview

FREE Case Study "Quitting Your Job To Trade Full-Time": d2t.link/case-study
In this episode of the Desire To Trade Podcast, I interview full-time trader Chris Tate based in Melbourne, Australia.
Chris is one of the first people to ever release a share trading book in Australia and has had an extraordinary impact on thousands of traders.
Best selling author of The Art of Tradingí and The Art of Options Trading in Australia, his brutally honest approach and meticulous pursuit of excellence, ensure that exceptional traders all around the world quote his market comments.
He has seen all types of markets, traded practically every instrument available, and shown others how to profit from every market condition.
Chris is in constant demand for his keynote speaking skills due to the outrageous success of his presentations for every major share trading exchange in Australia.
So without further ado, let's welcome him on the Desire To Trade Podcast!
In This Trader Interview, You'll Learn...
- Why working on yourself will improve your trading 3:19
- Chris Tate's first involvement in trading & story 4:23
- How Chris developed his current trading style 12:26
- How you can keep your trading simple 15:43
- The BEST advice if you can't let your trades run 17:49
- How to use a trading journal for your thoughts 22:43
- What the typical day of a trader is like 24:39
- The type of algos Chris uses in his trading & why 26:39
- How to transition from manual to algo trading 28:09
- The negative effect of social media on trading 32:29
- HUGE advice if you're feeling overloaded by trading information 34:19
- The MOST IMPORTANT thing to accept as a trader 37:09
- What to do if you get bored easily (wealth creation vs. cashflow) 38:36
- Why the capacity to evolve is HUGE & how to do it 44:49
- And much more!
// FIND CHRIS TATE
Website: www.tradinggame.com.au/
Louise Bedford's interview: • High Performance Tradi...
Books by Chris: geni.us/1Wb0sqY
// SOCIAL
Forex Trader Community (Facebook Group): bit.ly/2esoMYj
Facebook: / desiretotrade
Twitter: @desiretotrade
IG: @etiennecrete
// TRADING MUST-HAVE RESOURCES
Forex Broker: d2t.link/axitrader
Best Platform: desiretotrade.com/tradingview
Backtesting Tool: desiretotrade.com/soft4fx
VPS (for algo trading): desiretotrade.com/vps
Trading Journal: desiretotrade.com/journal
// MUSIC
David Cutter Music - www.davidcuttermusic.com
Andrew Applepie - andrewapplepie.com/
// 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.
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.
// AFFILIATE
The camera I use (Canon EOS M6) geni.us/9ZQgs
GoPro: geni.us/nIXw
The tripod I use: Sirui 3T-35K geni.us/lpJq
What I use to edit: Final Cut Pro (Mac)
AFFILIATE LINKS
Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. I always disclose this information when it is the case. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn't affect you in any way in the checkout process (I'm sometimes even able to arrange a discount for you that is special from other customers).

[@DesireToTRADE]

What's your main takeaway from this interview?

[@bradleyt]

Bad trading is changed by changing yourself for the better.

[@bradleyt]

Your trading can’t evolve if you can’t evolve as a person.

[@pauldomino]

That I'm on the right path. Chris is a really interesting guy.

[@LukaszAdams]

Most traders trade short-term and for pleasure. And this is a business. If you treat trading as a hobby, then you will have the results.

[@8acun]

"events are just catalysts" "markets move on emotional sentiment" -spoken like a prophet

[@MrGchiasson]

Wonderful insightful interview No hype no unrealistic promises Just truth, human element & hard-won wisdom. Thank you both.

[@DesireToTRADE]

I'm very glad you liked the interview!

[@TiagoSilvaLx]

With no doubt....One of the most motivating vids I saw today , thanks for the share of knowledge , peace !

[@DesireToTRADE]

I'm glad you liked the interview! Keep it up 💪📈

[@odnilniloc]

Great interview that touches on so many elements of what it takes to become a successful trader that often don't get discussed. The key to being successful is YOU.

[@MultiDisposition]

Very intelligent trader. Someone who sounds like he truly understands the art of it. Huge achievement in essence.

[@DesireToTRADE]

Glad you liked that interview 🙌

[@NickPeters-zc2ms]

My main takeaway was that trading leans towards a bigger % of psychology over strategy. (If your heads not in it, you can't win it) Doesn't matter how good your set up is, if you're unprepared for the knocks/or ready to ride the pain train, don't trade.

[@DesireToTRADE]

The mental aspect is important! Great takeaway!

[@cuttingedgecool7235]

"if you're not ready to ride the pain train, don't trade"

[@sanjitjashan]

One of your best interviews. I can connect with him, simplicity, resilience

[@reborn9110]

This was a great interview!

[@ianfenton9291]

Risk management, money management, and MIND management! Great interview bro!

[@DesireToTRADE]

Mind management is a pretty cool term! Thanks for the comment!

[@jorgkoslowsky4028]

Surprisinlgy good interview. Good work. Thanks.

[@deanontheinterwebs]

Resilience... constant evolution... grinding... part of every trader's journey. Great insights from you and Chris, thanks Etienne.

[@DesireToTRADE]

Resilience is a great trait to master 👌

[@michaelsullivan988]

Fantastic interview. Golden advice.

[@nable7419]

Wow! Really powerful video. Thank you.

[@stanleyv671]

Phenomenal wisdom from Chris. So many gems in this interview. Worth listening to over and over. Thank you.

[@DesireToTRADE]

I’m glad you liked the interview!

[@antonulybin389]

Great interview, thanks a lot! Hope the 200th episode will be something special!

[@DesireToTRADE]

Yes... it'll be the 200th episode :)

[@johnnywalker8397]

Real stuff right here. Enjoying your channel even more and more. No flashy things, just enough balance of motivation and technicals. Cheers E

[@DesireToTRADE]

Glad you like this 🙌

[@sanjitjashan]

Some of your interviews are exceptionally good. This is amazingly good about rationalizing things…this guy is a philosopher-trader

[@muskduh]

this is great. thank you very much!

[@melbournian100]

Thanks Chris for sharing eye opening and insightful experience. I salute you from West Melbourne

[@DesireToTRADE]

I'm glad you liked the interview, SimpleFood! Thanks for the comment!

[@seanmatthews8280]

The best guest you have had EC.

[@mitchiarikov2614]

Good interview! Thank you

[@sevenhawk76]

Great content on this video, Chris vision is really accurate with the reality of trading. Thanks for the value Etienne, cheers!

[@DesireToTRADE]

Glad you liked that interview!

[@tombentson9693]

So MANY TRUTHS, Excellent.

[@brucesmith6868]

Always learning, evaluating, and how to apply what the market is teaching you. Thanks E

[@DesireToTRADE]

Really great takeaway! Thanks Bruce!

[@bradleyt]

Great interview!!! Thank you! 🏆👍

[@DesireToTRADE]

My pleasure 🙌

[@bamchel]

I love the simple wisdom of this man. 👌

[@aadityachoubey]

superb initiative 👏🏼

[@NZBRG1]

Excellent interview.

[@sanjitjashan]

Etienne, this is probably one of your best interviews to date.

[@j.pierre2548]

Great interview and video this guy has some great insights he is very deep I really enjoyed this interview thank you very much.

[@LukaszAdams]

18:58 great words about system.

[@Mike-rf8ph]

one of the best trading psychology, ty

[@DesireToTRADE]

Glad you liked that interview 🙌

[@panagenesis2695]

Great interview! Trading is between the ears and about our characters vs. Mass Psychology.

[@DesireToTRADE]

Thank you!

[@marcusjohnson3k]

Thanks!

[@MrA1wizard]

So much wisdom here. Traders...........this is pure gold dust. Listen to this and repeat until you get it.

[@gbengajohn2650]

Got some nice value from this. Nice one

[@SleepyMagii]

Very zen, TYsm!! This was awesome 👾

[@DesireToTRADE]

Glad you liked it!

[@stampsprint]

@ 23:40-24:30. This guy in AUD is spot on. "Every bloody day" classic

[@t0neknee86]

Blessings from Puebla, Mexico.

[@rogergarcia306]

Thank you for another great trader interview

[@DesireToTRADE]

Very glad you liked it!

[@tradejason956]

Great work E. Good one

[@DesireToTRADE]

Glad you liked it!!

[@dpc107]

great interview!

[@DesireToTRADE]

Really glad you liked it 💯

[@TehBr0]

I like his simple, no bullshit approach.

[@DesireToTRADE]

Awesome to hear that :)

[@FilippoCordioli]

One of the most inspiring talk about trading psychology I've heard in years.

[@DesireToTRADE]

Glad you liked it!

[@TheSilentWealth]

This is a gem of an interview. I'm so glad I'm living where he is, I should catch-up over coffee to absorb his wisdom in this erratic weathered Melbourne 😂

[@karanpatwa2224]

you motivated me after a bad day of trading

[@GodsCreateRadio]

Fantastic

[@DesireToTRADE]

Glad to hear that!!

[@michaeltoma1023]

Simplicity is a beautiful thing. Three lines of code...now that's simplicity!

[@DesireToTRADE]

That's amazing :)

[@jamiejones4796]

Strategy Risk management + risk tolerance Psychological process meditation Journal and review Refinement of your top trades and ditch the crap set ups Exercise Just be a humble trader, don't take it out on anyone because you had a bad day trading. Spiritual practices

[@DesireToTRADE]

Those are awesome points! Thanks for the comment!

[@Coondawgwoopwoop]

God that smoking analogy talking about social media is perfect

[@DesireToTRADE]

Thanks!

[@zibekencwane6468]

Hi etteine you doing a wonderful job n we appreciate your efforts I am a South African would you please interview s.a traders particularly the young stars I thank you inadvance

[@bigpipstradingsolutions]

Correct ...Great approach....Most are looking outside of themselves for solutions....no wonder why many cant find

[@brandenhamptin89]

I would love to learn how to make huge profits from foreign exchange markets/crypto

[@jurbal1282]

Wise man

[@DesireToTRADE]

Absolutely 💪📈

[@fabledreamor]

Talk like this offers a lot of trading wisdom. Thank you Etienne!

[@DesireToTRADE]

Glad it was helpful!

[@paulbucklebuckle4921]

I have to say Etienne this is one of the best interviews yet , this man talks so much simple ,common sense about trading , it's insightful , thanks Paul

[@davidvesseur]

great interview but the audio was terrible. Could easily do some post production eq on it to make it better

[@superswingtrader5388]

4 seasons in 1 day? That's how I get sick but I would still come down to trade with you

[@DesireToTRADE]

Yeah it really is like that :)

[@sunline4910]

i started trading 2002 and read this guys books and his Friend Louise Bedford , im from the same country , he has his own ideas but at the end of the day they both are Marketers and made all there money from Marketing how to trade or at least 90% , read between the lines or the words ?

[@Coefficient974]

Keep it simple, stand up if you get knock down…I feel a little better.Thanks

[@francymalashya9913]

The audio was very poor but very good lesson learnt

[@Zeeero117]

At the 18:00, what Is the title of the book he Is refer?

[@coleenpowell]

That trading is primarily about mental discipline

[@DesireToTRADE]

Huge! Thanks for the comment!

[@jaluriaja6294]

Is it a good idea to have a stock broker in Uk?

[@saanvi848]

Yes, Mate. It is.

[@steffan683]

@@saanvi848 Please why do you say so? I wanna know. I have lost a lot. Trying to manage my stocks myself.

[@jaluriaja6294]

I’m too tied up with work. I have no time to analyze which stock to buy.

[@cedspud]

He's like the John Danaher of Trading

[@olenaromanchuk2021]

Wish there was a mic near his mouth, the words are difficult to understand. It sounds very echoing!

[@rdw9747]

ET any chance you can upload to bitchute please? I think yt's new tos signals the slow death of yt.

[@jesseliverless9811]

I really laughed at 8:50, when he says it was difficult to get books to Australia because they were sent to Austria. It's exactly the same as what Louise Bedford said in her interview, kzbin.info/www/bejne/g6eknGmvoph1prM, at 3:50 where a book she had ordered ended up in Austria and she had to pay double tax :D

[@aarifmuhammed]

Audio quality is poor

[@MseeF]

Similar to my story.

[@Applyyourself007]

It took me 6years to realise its not the system its me.

[@MrSimonw58]

17:24 ... hahaha

[@jonaskarlberg1855]

a pity with the sound

[@SSEnrich]

Why do all traders talk about things being simple? There mist be a thing as being too simole as well? Buying on a moving average crossover wont work, the same with buhing a hammer placed in the middle of nowhere. Overused cliche. I believe you can have a complicated and advanced system and make it work.

[@youtubenomics]

I'M MORE LIKE FROM FULL TIME TRADER TO NO JOB

[@DesireToTRADE]

Let's flip it around, alright?

[@jasonbutler5064]

Who’s laughing now. The lady in the cafe that said bitcoin was going to a million. This was a year ago. Nice 👍

[@SeanArcherSDA]

So much click bait in that thumbnail /sigh

[@alejandrogarciaalban2400]

Great videos but this guy Ettiene really needs to go to some english classes

[@DesireToTRADE]

You're right... I'd make a good teacher

[@nayanmipun6784]

Nobody tells the exact methods in all these video lectures

[@DesireToTRADE]

These aren't classes, they are interviews. You can learn my method through many videos on my channel

[@nayanmipun6784]

Okay

[@timvincent8649]

Plus if they would expose their strategies and systems, people would follow the same and the retail brokers and bankers would misuse that information. The system would stop working aka everyone would lose in the end. This is why "profitable strategies" online is bs. These traders talk about important things that they Can expose without getting their system into risk of stop working. Hope that helps.

[@felicitymasiu96]

@@timvincent8649 no one can expose his or her strategies .I think it is a skill that you develop as you trade .I'm a beginner i wanna learn from different people . U think for me copy trading is a way to go to learn from experienced traders.