"Secrets of an Institutional Trader" - Jason Sen | Trader Interview

In this trader interview, Etienne sits down with Jason Sen, an ex-institutional trader with decades of experience in the Forex and various market. You'll get to hear Jason's tips & tricks to make a trading career work for you. Living in Phuket, Thailand, he is a big fan of freedom and uses multiple timeframes to pick better trades.
If you want to see a more detailed video of Jason's strategy, leave a comment below!
Watch the follow-up: • Pro Trader Technical A...
Where to find Jason Sen?
KZbin channel @DayTradeIdeas
Twitter: / daytradesignals
Trade Battle with Jason Sen: • Nick Leeson vs Jason S...
Chapters:
0:00 Bad trading habits
0:28 Who is Jason Sen?
1:24 How Jason started trading
3:10 How to best learn trading
4:45 Period of break-even at first
6:04 Mindset of making $1M in a week
6:43 How Jason's trading process evolved over time
9:00 Trading from home vs. on the floor
9:53 How Jason transitioned to higher timeframe trading
12:42 How big banks started using Jason's technical analysis
14:52 The issue with support and resistance areas
15:43 Why Jason uses no indicators
17:23 Jason's trading style
18:14 How to be comfortable with missing trades
18:59 How to simplify your trading & get profitable
20:50 Where to place stop losses & take profits
23:22 Advice for new traders
25:03 Why Jason (doesn't) like social media
26:34 Leave me a comment below!
26:50 The key in trading is discipline
28:40 Tips for better discipline in trading
29:46 "If you trade profitably, why do you need other incomes?"
32:40 Where to find Jason Sen? (links in description)
#traderinterview #technicalanalysis #forextrading
📈 FREE Case Study "Quitting Your Job To Finally Trade Full-Time": desiretotrade.co/case-study
// SOCIAL
Forex Trader Community (Facebook Group): d2t.link/FBgroup
Facebook: / desiretotrade
Twitter: @desiretotrade
IG: @etiennecrete
// TRADING MUST-HAVE RESOURCES
Forex Broker (Pepperstone): d2t.link/pepperstone
Forex Broker for Canada (Axi): d2t.link/axitrader
Best Platform: d2t.link/tradingview
Backtesting Tool: d2t.link/soft4fx
VPS (for algo trading): d2t.link/vps
Trading Journal: d2t.link/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.
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[@DesireToTRADE]

I just published a video where Jason Sen goes through his entire technical analysis process: kzbin.info/www/bejne/jIHSc32maLKEg6c

[@NopeNope78]

Love the fact that you interview, real, authentic traders and not the 19 year old Lamborghini guy who learned the "serecrets of banks" and is making 6 figures in one year time. Good job Etienne

[@DesireToTRADE]

Yeah I know plenty of channels that do that. But I want to keep it real & results-focused.

[@don2xify]

"Be careful there, there's an endless opportunity" great quote. Makes you realize to take the profit. There's another chance.

[@DayTradeIdeas]

One of my biggest errors has been not taking the profit and being too greedy

[@rogergarcia306]

Etienne, I have said this before: you are doing a great work by bringing traders on to share perspectives. Jason thank you to you too for sharing your journey, authenticity and truth about the trading journey: "discipline....emotions...trade management....impulses..." - just the truth about the human condition.

[@DesireToTRADE]

Always my pleasure, Roger! Thank you for that comment 👌

[@maishamrefu]

Great video! I feel compelled to make an observation on a comment Jason made on his lifestyle. He doesn't want to be a 70 year old trader. I am 69 years old and started a year ago. So I have every intention of being a trader until I happily leave this planet!

[@conservativejoe4025]

Great to hear from real traders in a natural conversation.

[@DayTradeIdeas]

Thanks Joe!

[@keepwalkingvideos]

first time commenting any KZbin video. trying to learn trading for an year now and your videos are really informative and useful. loving it and binge watching your channel 😀

[@DesireToTRADE]

I’m very glad to hear I could help!

[@M1ssConductOfficial]

Thank you for the candid interview. I'm learning institutional trading and committed to learning this daily. I have the opportunity now to learn.

[@masinaboi34]

got yourself a new subscriber looking forward to learn more in the interviews they seem to be really interesting.... thanks Etienne Crete continue with the good work

[@laxmichourasiya5677]

Thank you Etienne, it was awesome interview, great value

[@thti3070]

Really insightful interview 😀 thank you

[@Jmhfl7]

Another GREAT interview, thanks Etienne!

[@DesireToTRADE]

I’m very glad you liked it!

[@thelittlesignpost]

A very interesting interview, great to hear from a trader that recalls the "old days" which I can also do as I used to have to call in my trades by phone! Today of course it's so much easier over the net! I began with two simple price bars - the spike and test which are the opposite of each other, the test looks like a cross and the spike looks like an upside-down cross! With these simple two bars I has my first 9 trades with success, but then got a little too cocky and lost most of what I made, ignoring what was successful! That was in 1999, but today I have a new signpost indicating the way, volume, volatility and price actions at certain levels! Oh, I live in Thailand now also!

[@DayTradeIdeas]

It's a great life trading from Thailand!

[@motorxplorer]

Great insights to the discipline 🙏

[@shishirthakur8839]

Ettienne crete great interview brother. This channel arguably the most authentic and rich in content. You have not made much videos on what is money management in trading,there's videos on trading failure, risk management, mindset management, Discipline, but not much content on money management and fund management . As far as my experience goes, if you have an open position then you must have equivalent amount of money reserved to balance that position if the trade goes against you. Then again you have to have one more reserved sum of money to take a trade in reverse direction of initial trade and capitalise the opportunity on reverse side. What's your view on that. Thanks for the awesome interviews.

[@tr939]

Thanks E. Good vid, once again.

[@shelleydavis5231]

Thanks for this interview, would very greatly to see his analysis on a chart

[@shannonwells3054]

Great interview 🙏

[@mkk5946]

On point interview!

[@huntfortrades6883]

Great interview. Always great content as usual. Thanks 🙏🏾

[@sivanandarao]

Absolutely great interview Tqvm for doing this

[@DesireToTRADE]

My pleasure!

[@MrTurkgod]

Great interview thank you!

[@cbgotgames]

I keep my indicators to 3, VWAP, RSI, EMA's (50, 150, 200). finding a trend before entering a trade ( up/down). I check the volatility of the stock and the overall inflow and outflow of the market. patience is key. Never FOMO. Always have my SP500, NASDAQ, Russell and the Dow. Narrow my watchlist of 5 stocks.

[@stanleydmello5758]

Very very good practical experience

[@richardcruz7689]

Great interview...so many realizations....

[@DesireToTRADE]

I'm glad you liked it!

[@ricardoloff4124]

So true, I can relate to alot of info he gave, thanks.

[@DayTradeIdeas]

Thanks very much Ricardo

[@moneybags183]

Nice video. Etienne asked some really good questions and Jason had some great advice. Thanks

[@DayTradeIdeas]

Thanks 👍

[@therealityclips3751]

Yes we would like to learn from jason

[@GenXBitch]

I love this guy! Great interview. I can’t imagine how hard it was to trade before internet youtube and discord lmao Damn! There’s something to be said about then verse now with everything really. We had to use critical thinking skills lol. I tell my kids when I was their age I didn’t have Mapquest! We had radar detectors and that’s about it 😂 we actually had to learn how to read maps and at times use pure intuition. Idk about anyone else but I came across some recordings of very old classes with a professor for trading. I find it hugely beneficial. It’s good for learning fundamentals. Between that and channels like this one with etienne I have learned so much! I’m 50 and since I was in my early 20’s I wanted to learn about the market and financial industry. But life happened and I had a family. Now that my kids are grown I have the time to learn. I honestly didn’t think I’d be able to do it. But I’m doing it! 😅

[@wainmufungaa]

Great video

[@jasontaylor2237]

good interview. would love to see more on how this gentleman trade. such a down to earth guy

[@DesireToTRADE]

Thanks Jason! I think we’ll do a video on that soon!

[@paulwayland2374]

Fantastic work brother very inspiring insightful, wish I was you guys

[@DesireToTRADE]

Very glad to hear that, Paul! Thank you!

[@DayTradeIdeas]

Thanks Paul!

[@ucheajubige3730]

Very interesting please we need to learn more from this great trader.

[@DesireToTRADE]

I'll publish another video with Jason in a few weeks :)

[@ucheajubige3730]

@@DesireToTRADE Great! that will be awesome , I can't wait👍

[@DayTradeIdeas]

Thanks so much I hope you watched the second video

[@iamtraderX]

I enjoyed watching this interview. I might have to consider moving to Thailand to access leverage.

[@DesireToTRADE]

As long as you have an address somewhere, you can open a brokerage account and access that leverage. That being said, I don’t think you need that high leverage.

[@nuttietrendchannel4265]

This video is hitting me right at the head. I'm right at this stage, testing holding my losing trade passed my stop, causing me heavily. I need this. Appreciate the video.

[@nuttietrendchannel4265]

@Richard Mark Hello, not crypto/forex trading but equity trading.

[@gloriajackson]

+1

[@gloriajackson]

(404)

[@gloriajackson]

500

[@gloriajackson]

7047

[@mustchemistry8589]

What a value❤️ Thanks man for all your efforts. Love from India❤️

[@elwoodpalmer720]

very interesting interview, the key points , in my view, taht he repeatedly said you need to have discipline, money and trade management otherwise even if you're great in technical analysis you will not make money

[@DayTradeIdeas]

Spot on Elwood! Glad I got my message across!

[@JohnDouqh]

Yep, I was doing fine then I got all emotional and compulsive and wrecked my account

[@mirko5707]

yes, a "institutional trader" with a stop loss. Maybe a stoploss for 1000 futures contract? To be sold when the stop loss is triggered at 4 am in the night and no volume is there? Imaging what would happen to the "instituion" and to the money and the market.

[@theravenreal]

Great interview. You should get Greg Secker and Adam Khoo next, that would be awesome👍

[@DayTradeIdeas]

Greg is a friend of mine. I'll ask him!

[@frankm2078]

If Jason would like to share his trading ideas on the screen with us …that would be great. Cool guy.

[@DesireToTRADE]

We’ll do a video on this next week!

[@guyslife7638]

nice thanks

[@Earth.is.F1AT]

Hi if your trading is successful have you considered automating if possible your trading methodology ?

[@sarahgosselin6587]

Please do a video on what is his process and overall strategy. Thanks

[@DesireToTRADE]

It's coming in the next few weeks!

[@Kevinschart]

so what i learned is that the money is in selling signals, not taking active trades

[@joefonjong1942]

when I started trading there was a time my win rate was high but I kept on making losses. what happened was I didn't have a plan I came out of winning trades early and left loosers run . I was working with a risk to reward of 1:-3. this is a very poor way to trade . I shifted my stop losses and took profits early . this bad habit was because of the pain I didn't want to feel. I had to decide if beeing right was more important than making money on the market. I chooses the latter and grew from there

[@sukhmaidickoff]

How do you determine a risk to reward ratio? I know that to the "downside" your stop/loss determines the risk, but what about the return? I´ve never really understood the concept, to be honest. I mean, personally I might have a slight feeling when scalping stock indices that when a trade goes my way and I feel there is enough momentum, then I can somewhat assess how far it might go and I have a good feeling when taking a trade and it feels like a "runner" - but sometimes I exit my trade after only making 5 pips, if the momentum isn´t there, and if the candles just don´t give me confidence. But frankly spoken I would never take a trade merely based on a random feeling about how far the trade might go in my direction.

[@DayTradeIdeas]

Well done Joe - Jason

[@DayTradeIdeas]

@@sukhmaidickoff My approach is to buy at what I see as strong support levels and sell at what I see as strong resistance levels. I use technicals to identify the levels & decide the stop, but I'll normally risk around 30 pips to make twice as much or more. If that risk vs reward is not on the table then I won't take the trade.

[@sukhmaidickoff]

@@DayTradeIdeas Thanks for the comment it´s appreciated. Can I ask how you determine that there will be a 60 pip move or more in your favour? Personally I am scalping stock indices. And some days it is basically just 20 points up and then 20 points down most of the trading session and some other days there are moves of 100 pips more than once during the trading session. But how do you determine that there might be a +60 pip move to meet your risk/reward criteria? Volume? Momentum? Or a third parameter / indicator?

[@DayTradeIdeas]

@@sukhmaidickoff I wish I could give you a set of three rules that could predict that kind of move but unfortunately it's not that simple!!

[@hassandj133]

You Look younger than him, Good information btw thanks for sharing 🙏🏼

[@mda0214]

good interview as always. I dont use stop loss ever. I trust my eyes. and you can find support and resistance simply by looking at the candles

[@ndungumugure3795]

Ok. Does that mean you babysit all of your trades until you get the outcome you want? I mean if you're relying on your eyes then you have to sit looking a your screen so that you can close the trade if price goes to your stop, no? I'd rather put in a stop and do other things with my life to be honest.

[@mda0214]

@@ndungumugure3795 no I don't. It depends on what I got going on. If I don't have time to watch it, I'll either trade on a smaller time frame to get in and out. Or I'll just trade on the 1hr or 4hr go do what I want to do and come back to cash out

[@worldpeace2688]

Thailand!!!! I live in thailand too. Is there like a forex event where you guys would be in bangkok?

[@DesireToTRADE]

I don't know of any events, but feel free to reach out to me directly on Instagram, Facebook, etc.

[@sdbh1239]

I noticed that every time he looked at you, you nod your head and look away 😂.

[@thinkcivil]

Very great and honest insights on trading, thanks Jason, I am really impressed by your humility. Great interview Etienne, you are doing amazing work.

[@DesireToTRADE]

Thank you, Muneer! I appreciate it :)

[@DayTradeIdeas]

Thanks Muneer. I appreciate your support

[@bastianrivero]

Im not moving my stop loss ever no matter how much it hurts 😂

[@4qfamily277]

Do you have an Algo that is profitable ?

[@LocNguyen-rr3nq]

I'm investing in DeFi Warrior and still looking for more

[@codeartha]

That's still too many indicators for me. The only one I have on short time frames is moving average: 21 and 200. And to that on the higher timeframe and only on index market I add an RSI

[@kaywoodtrading8503]

Etienne look like you are listening and engaged rather than thinking of the next thing to say

[@DesireToTRADE]

Definitely! That was an interesting discussion 🙏

[@DayTradeIdeas]

Etienne is the best interviewer I have met

[@lousassole9339]

The interviewer has a strong accent

[@JenMarco]

I love watching interviews with these guys. But the interviewer looks like it’s taking a lot of energy to keep his eyes open

[@DesireToTRADE]

The sun is pretty strong in the morning in Thailand :)

[@tempemail5337]

I hate when that happens. Market going against my direction. 😂

[@seksan2527]

How to follow him ? I live in Phuket also.

[@DesireToTRADE]

Check out his KZbin channel in the description

[@findyourcustome945]

I've saved this video

[@ggbeach]

👏👏👏👏

[@randallaumiller8628]

idk i cut losses intelligently 80% of the trades i place that squeeze im still able to hold on and sell for profit

[@worldpeace2688]

Market making companyyy

[@traderfreeman9428]

Yes so called endless opp can be the traders undoing

[@victorib0157]

In southern Nigeria, that's akwa Ibom State to be precise - "Etienne" is called "praise" in Efik language. Are you sure your ancestors ain't from Nigeria, Africa?

[@MusicisLife-ur8iw]

Just ask ICT instead 😂🤣

[@jovjur]

What's the deal with ICT?

[@jashkons]

😂😂😂

[@oB_Session]

If you love what you do, you never work a day in your life.

[@procapitalminer41]

Multiple source of income for real

[@Mr.Singh78687]

Wow I see Jason Sen trades the same way I do. Awsum interview buddy. I think you found my Brother from another mother mate. All thumbs up 👍🏻

[@DesireToTRADE]

Glad you enjoyed it! I appreciate it!

[@Vae07]

So what’s the secret

[@jasonmego7076]

Guys. He is the man who says that if I invest 100 dollars he will give me 500 in exchange for 5 days, is it true, someone tell me that it is true?

[@DesireToTRADE]

Jason didn’t say that for sure. All the promises of returns are scams. They’ll just keep whatever capital you give them and go away.

[@DayTradeIdeas]

Etienne is correct. That kind of profit is unsustainable so please don't believe anyone that promises it to you

[@miguelruiz3324]

Its true, give him the money and get more duh

[@monemo2341]

Bro it's fake . There are lot of scammers these days. They hacked your social media friend's account and they reply acting like ur friend. Don't believe people saying they will earn for you online. Sending signals through telegram is much more safe and true. Beware!

[@irfanfakih4090]

Etienne, you interviews are great and very helpful. But for heaven sake :), please talk slowly. I am not able to understand your words.

[@fvb1369]

There is an overflow of BS information online , so it might be free but it's definitely not great to learn quickly

[@laptoplifestyleromania569]

i listen to u and to trading nut, BUT ur guests are faaaaaaaaaar more quality than trading nuts liars, scammers, 80^

[@DesireToTRADE]

I appreciate it! Means a lot :)

[@brucesmith6868]

Thanks E lots of good info in this interview !! Simple clear and accurate.

[@DesireToTRADE]

Thanks, Bruce! Always my pleasure!

[@krazywally5685]

Brilliant interview E truly one of, if not the best yet 👍😎

[@DesireToTRADE]

Thank you! I appreciate it!

[@DayTradeIdeas]

Thanks so much for your kind comment

[@melle1132]

Try get Shaun lee on 🙏

[@nomosfoster2457]

So he and Michael can have it out in the comments? Lol. (Kidding)

[@YasinNabi]

Passive income is the only way you can be part of 10% population and seprate yourself from the Average population. YASIN NABI

[@tonic973]

E is probably the best interviewer ever, seriously I think allot of professional traders would agree.

[@DesireToTRADE]

It means a lot :)

[@DayTradeIdeas]

Thank you for your kind feedback

[@DayTradeIdeas]

I would definitely agree and said this to him after the interview

[@joefonjong1942]

bad trading habits like shifting SL are easily addictive because we don't want to accept the pain of Beeing wrong

[@DayTradeIdeas]

That's true so it's more important to learn to accept & control your losses. You can't control price movement you can only control your reaction.

[@SiyabongaSibiya-pj9gb]

I do it becoz I don't a false candle to hit my stop loss but if the trend is clearly going against me I lower it so I can loss the least amount of money

[@hubertziegler9361]

Good to See you

[@davidnovitzky3592]

As soon as he said fibonacci I turned that shit off haha

[@bongkoymil6199]

There is no secrects here . nothing new.

[@JohnEnergy2012]

Get some logopedist training mate…

[@bufordmaddogtannen]

Can you understand him? Genuine question.

[@sukhmaidickoff]

@@bufordmaddogtannen I always think it´s me who´s stooopid and / or deaf, coz his guests seem to understand him perfectly well

[@bufordmaddogtannen]

@@sukhmaidickoff I have no problem understanding his guests, but I get maybe 80% of what Etienne says. He tends to slur words randomly, sometimes it's not a big deal, sometimes it becomes difficult to follow a long speech/explanation.

[@sukhmaidickoff]

@@bufordmaddogtannen Yeah, what I meant is that Etiennes guests seem to always understand him perfectly well, so I thought it was only me who had trouble understanding him

[@bufordmaddogtannen]

@@sukhmaidickoff maybe face to face is easier. Still as a non native English speaker I have trouble understanding him. 😂

[@muratarslan524]

Ettiene could you slow your speak down? And the place is extremely noisy.

[@Excel_trader]

Thanks for this interview, awesome. Bro can you do a review on TRUE FOREX FUNDS, prop firm please

[@ucheajubige3730]

Are you having any issue with them?

[@batman6540]

I dont understand shit what the white shirt guy says

[@jayadsilva67]

Fibonacci, my ass. I doubt anybody using Fibonacci levels can make money.

[@matt3561]

😂😂😂 if you told a real institutional trader that you trade 24 different markets using moving averages, support and resistance and Fibonacci they would laugh in your face 😂😂😂

[@matt3561]

Yeah vwap, profiles and order flow are what you need to trade successfully alongside institutions

[@DayTradeIdeas]

I don't trade 24 markets. I trade around 5 or 6. I provide daily analysis and signals for my subscribers on 24 markets which takes me about 2 to 3 hours to prepare every morning.

[@matt3561]

@@DayTradeIdeas the fact that you claim to be a ‘’pro trader’’ but your using moving averages, support and resistance and Fibonacci is what I find funniest 😂😂

[@DayTradeIdeas]

🤭🙄

[@KevisaVivose]

@@matt3561 then I assume you’re doing better than he is?

[@jkoresh5483]

You will never get the secret on KZbin 😅. Just learn Macro fundamentals and you will do fine. Also in trading there is no such thing as scalping. So stop that or you will get scallped.

[@kofi2144]

Do you know any book or video to read on Macro fundamentals in stock trading?

[@brenttrading2363]

Its difficult to understand your english Etienne..you speak with your mouth half closed..

[@nomosfoster2457]

Is he an ICT Trader

[@DesireToTRADE]

No.

[@worldpeace2688]

@@DesireToTRADE any concepts/strategies he likes? Operates in?

[@g-traderaovivo1428]

nothing institutional trading in this videos… just another one trying to sell popular ideas to uniformed begginner traders… be carefull with daytrading gurus… whoever rather selling ideas instead of full time trading himself shouldn’t be blindly trusted 😉😎

[@hannahis3254]

If you going to ask such general questions, might as well don't do the videos because viewers aren't going to learn anything deeper than the usual knowledge

[@DesireToTRADE]

Thanks for the feedback, Hannah. If there's enough interest I'll do a video in which Jason shares his process. What question would you like to ask him?

[@theravenreal]

Great interview. You should get Greg Secker and Adam Khoo next, that would be awesome👍