118: Going From Part-Time To Full-Time Trading - Paul Singh | Trader Interview

[@DesireToTRADE]

TIMESTAMPS: An awesome quote on fear & worry 2:00 How Paul turned $5,000 to $200,000 trading in law school 3:20 “Lightbulb moments” in Paul Singh’s trading career 7:04 What it takes to go from part-time to full-time trading 14:30 A big pitfall to avoid as an aspiring part-time trader 26:28 How Paul Singh got successful in multiple trading styles 27:40 Two big keys to trading success 34:20 Share-a-trade (Paul shares his trading methodology) 35:38 Top routines for part-time and full-time traders 40:10 Paul’s post-trading routines 46:10

[@GerryStilton]

That was awesome, Etienne. Thank you Paul for sharing your insights!

[@JaskanFactor]

one of the most helpful guests ever

[@JESS-CH]

Phenomenal interview, thanks for sharing Paul 🍻

[@DesireToTRADE]

I'm super glad you liked that interview!

[@KamalHarrassePositive]

a video Full of Values thanks a lot Guys

[@pitashsahoo114]

Nice explained

[@Treetopper911]

Great video, thank you!

[@DesireToTRADE]

Glad you liked it!

[@prithvinath9631]

Awsm interview … loved it.. thanks

[@mikelamay7875]

9:00 great stuff! always enjoy consuming Pauls wisdom!..

[@DesireToTRADE]

Yeah, wisdom on stop losses! Glad you enjoyed the advice, Mike!

[@giorgioanastasios4734]

Finally. Someone with a good story. Of winning early

[@ramkyr8286]

Alternative streams are must to feed daytrade.

[@DesireToTRADE]

Absolutely, same for any type of trading!

[@ouchthathurted3945]

I believe paper trading is a must for at least a year or two, then once you get consistent, through the recent bear market or bull markets, you can start funding an account with however amount, you do not need six figures, unless you are going in without any experience of what the market is, never put money in the market, until you can prove to yourself that you are successful for at least a year.

[@DesireToTRADE]

That makes sense! Thanks for the comment!

[@AJ-wp3pw]

Paul, what is the name and contact info of the day traders' statistician that you used? I want a session with him!

[@liztrader5469]

Great interview, thanks! I've been paper trading for 2 years, practicing in sim, playing dip buys, longing, shorting, watching the tape and Level II, tracking my trades in Excel, using formulas, and importing them in Tradervue. At night I review my trades' charts at different time intervals seeing where I could've had better entries, and reviewing my live trades OnDemand, and watching the tape. My main issue is my bankroll. I will be starting a part-time job soon, which I held previously, but, unfortunately, I loathe it. I am applying for FT jobs, but don't want to work FT. Do most traders work FT? Unfortunately, I will not have 300 to 500k to play with, how much at a minimum do you recommend? I use tight stops. Thanks.

[@DesireToTRADE]

Why not finding investors when your trading is more consistent? That would increase your capital easily! Here's a playlist on that: kzbin.info/aero/PLwmpbNUnTt6jQ1PzzgkhLPnHHrhqOCnOX

[@liztrader5469]

@@DesireToTRADE Thanks. I don't have any licenses. I would feel more comfortable trading my own money.

[@dabaws4665]

@@liztrader5469 Have u thought about doing prop firm? Cuz u aint gona be making living off forex, unless u have alot of money

[@liztrader5469]

@@dabaws4665 I don't trade Forex. No.

[@KandMe1]

Risk management, trade psychology + a good strategy

[@gabecanady]

100%.

[@sjl1327]

This video might have changed my life... uh oh... now its left up to me

[@DesireToTRADE]

Glad you liked that interview!! Time to take action indeed 💪📈

[@strahildimitrov2806]

WOW that video amazing. I`m now just on that time of my trading 8:20. Not giving up, but to know from someone gone true it, that I`m in the right direction! (y)

[@DesireToTRADE]

Thanks for the comment, Strahil! Keep up the good work!

[@PaulSingh1]

Strahil Dimitrov thats great Strahil! Keep at it and keep me updated with how you are doing

[@chiradip24]

Awesome video. did you happen to interview Kunal?

[@DesireToTRADE]

Absolutely! It's right here: kzbin.info/www/bejne/l3yxmmOlnsytY5Y

[@AdamSmith-vq7do]

How many months I must profitably trading as part time trader if want to be full time trader??? Now I have saved money for two years life without job.

[@DesireToTRADE]

That depends on many factors... how long have you been trading your strategy and what were the results?

[@AdamSmith-vq7do]

@@DesireToTRADE Hi, I am traded my strategy on SIM 5-6 years, now I trading LIVE three months every single day minimum one trade a day. Back tested is 10 years ago, is profitable on any market where is volume. So question is how many months to be part time live trader before move to be full-time trader, I don't want spend 8+1 hours in office with my regular job and another 2-5 hours with trading. As I said I have saved money for two years of live with no regular job.

[@DesireToTRADE]

What's more important than the # of months is the phases of the markets you went through. If you traded through a drawdown and recovered, that's good

[@razzyp3999]

Interesting Etienne A Jack of all trades! Might work for him but not for me! ..Interesting interview none the less!

[@DesireToTRADE]

Yes, it's absolutely possible to develop more trading styles, but it has to be done over time ("over time" is the keyword here!) Thanks for the comment, Arthur!

[@PaulSingh1]

I certainly do not consider myself a jack of all trades sir . . .

[@kirankumar-pu2nx]

I just watched the video and i really agree to that you are not Jack all but Jem of all. You rightly mentioned that master one at a time... Thanks for your advise in the end.... Question and Test every thing also do not blindly follow the conventional wisdom but adapt. Great Video, i loved it.

[@DesireToTRADE]

kiran kumar, glad you liked the interview!

[@ryang93]

@@DesireToTRADE I’m C I Bob cv C o B Oh. Boo if I ou I Co I Phil giving i I I Big I I I Give

[@eyeservantez]

Good video but there is a implicit contradiction, You said you must have six figures to start yet you've also said you made $200,000 off 5,000 without knowing a thing. Just taking that into account should prove that if you really know what you're doing you can make a large profit. Thank you very much for your opinion. I still got some other value off of it.

[@DesireToTRADE]

You can make it... but keeping it is a different thing.

[@HappyChessMate]

Also, you need to be aware that their account is not verified and you have to just take everything for granted. Another aspect is that many of the people interviewed on this channel are selling trading courses, which is a question mark. What if they engaged into trading, they failed(not a sustainable monthly income) and then they thought on switching to selling courses? When you win, you get into survival mode and heads down trading. I'm not questioning the fundamentals/principles explained in the interview, but are in no way enough for a sustainable month over month account.

[@amberline4583]

I dont think that you need six figures to start i think you can start with $5000 then add to your account and work your way up.

[@EvangelistRBColbert]

Never listen to Jim Cramer! 🤣

[@valiantv2897]

3 to 400,000 dollars to go full time is just bollocks, sorry. Makes me scepticel of everything else he says

[@smalls_music1995]

While he’s risking $500 if he gets stopped out 😂

[@smalls_music1995]

While he’s risking $500 if he gets stopped out 😂

[@ryang93]

Ug oh I I’ll g Hi I

[@ryang93]

I’m him. Nice onion I g f I Bf b b I’m

[@ryang93]

Aye I’m G Ubisoft b B I’m go on too I i porch I iu I I

[@ryang93]

Moving I common. I. C bomb pi. Invention O G Go I I