187: Reality Of Trading Professionally - James Whelan

Reality Of Trading Professionally – Show Notes In episode 187 of the Desire To Trade Podcast, I sit down with James Whelan and Daniel Moss in Sydney. Both work for VFS Group, a private wealth management fund. I wanted to discuss with them what it's like to trade in a firm of the sort and what you can expect as well if you ever decide to trade professionally. In 2014, VFS Group was admitted to the BRW Top 100 Fast Starter list. In 2015, Danny was named NSW Business Chamber Young Executive of the year for the Sydney region. Watch the video interview here! Topics Covered In This Episode How it's like to work in a group of traders 1:20 What is done at VFS Group 1:45 The type of tasks traders perform in institutions 2:05 What you need to do to trade professionally 3:00 Communication in a team of professional traders 4:56 How & why the traders transitioned to trading algos 9:50 The type of data traders look for to make decisions 12:30 Changes coming up in the managing money industry 15:35 How to communicate with clients when trading professionally 16:54 How to handle drawdowns with clients 18:30 How to get clients and understand their risk profiles 19:30 One GOLDEN piece of advice! 22:30 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 How To Find James Whelan & Daniel Moss? Website James Whelan on Twitter 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!