581: 30+ Years Living Off The Markets - Michael Toma

30+ Years Living Off The Markets - Michael Toma In episode 581 of the Desire To Trade Podcast, you will be listening to Etienne catching up with Michael Toma, nine months into his semi-retirement, as he looks back through his old trading journals. Mike shares the regrets, mindset shifts, and hard-earned lessons behind becoming a consistent trader and building a lifestyle that doesn't depend on watching charts all day.

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode 00:00 Introduction 00:45 Michael's semi-retirement nine months in 01:29 How his trading changed: scalping and fading retail panic 03:07 The panic setup: "Where are the sellers?" 05:04 His biggest regret: not sizing up sooner 10:06 How trading changes with family and wealth 12:44 Why traders quit, and why journaling matters 18:07 Trading while traveling from a phone 23:55 What's next: coaching, cruises, and caregiver advocacy 27:20 Where to find Michael Toma (link below) What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!

Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy Get a copy of Prop Trading Secrets (Author: Kathy Lien & Etienne Crete) About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How to find Michael Toma Michael Toma's Substack What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!