148: Stocks Trader Routines & Strategies To Get Wealthy - Jerremy Newsome

Stocks Trader Routines & Strategies To Get Wealthy In episode 148 of the Desire To Trade Podcast, I interview Jerremy Newsome, CEO and co-founder of RealLifeTrading in the US. I interviewed him a few episodes back (Episode 113) but today we go more in detail into what he trades, the strategies and also the routine he follows on a daily basis. In this podcast, one topic we touch on in this interview which I think we never talked about before, is what does it take to become wealthy from trading. This is major because you cannot just trade day to day and become a wealthy trader. The definition of being wealthy, as Jeremy says, is “being able to make money while you sleep” -- and that won’t happen with trading most of the time. SPONSOR: Join Jerremy Newsome's trading room during the open house week for FREE!   Topics Covered In This Episode Who Jerremy is and what he does [2:23] What are Jerremy’s routines, things he does on a daily basis, things that make him a better trader and the strategies behind them [3:55] Why Jerremy looks at volume and what he wants to see [6:40] How he looks at a daily/weekly chart and 500 chart [12:58] Why Jerremy sells on a bullish volume [15:25] How Jerremy profits on the different scenarios [16:42] Building wealth and investing part of it to trade [21:50] How Jerremy manages when he travels to a different place [23:15] How Jerremy works when he’s trading [27:18] Entering one or multiple trades at a time [29:03] How volume is more important for upward breakout than downward breakdown [31:37] Jerremy’s open house trading room at Real Life Trading [35:56] Biggest pitfalls traders make [38:08] Separating his long-term stuff as opposed to short-term, having different trading accounts [40:49] Things to do to become a profitable trader if you’re just starting from scratch [43:52] Pros and cons of focusing on the stock market in your country [49:04] Jerremy’s advice for people trading [54:30] And many more! Resources Mentioned Book: Tony Robbins’ Awaken The Giant Within Book: Tony Robbins’ Unleash the Power Within   DesireToTRADE Top Resources Desire To TRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy (exclusive training program)   How To Find Jerremy? Email: [email protected] Real Life Trading Youtube LinkedIn Twitter Facebook   What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!