Episode 2
Why longevity might be your biggest advantage
Featuring Michael Stark
In this episode of the Born to Trade podcast, our host, Nima Siar, is joined by Michael Stark to discuss longevity and consistency in trading, setting realistic expectations, and learning from mistakes.
Join us as Michael shares his strategies, risk management approach, and experience from 11 years of trading.
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Michael Stark
Guest
A financial content leader at Exness, Michael Stark is also an associate of the Society of Technical Analysts. His goal when educating traders is to simplify matters wherever possible and help them find their 'aha!' moment in CFD trading.
Nima Siar
Host
Nima Siar is the Head of Partnership & Business Development Initiatives at Exness. With nearly 15 years of experience in the trading industry, he has built a strong skill set in technical analysis, marketing strategy, sales management, plus affiliate and email marketing.
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Frequently asked questions
Who is the Born to Trade podcast for?
The Born to Trade podcast is designed for anyone interested in trading, whether you're a complete beginner, an aspiring trader, or an experienced professional looking for fresh perspectives. Each episode offers valuable insights, expert discussions, and learning experiences to help you grow in the markets.
Where can I listen to the Born to Trade Podcast?
You can stream the Born to Trade podcast on all major platforms, including Spotify, YouTube, and Apple Podcasts. Follow us on social media for updates on the latest episodes and highlights.
How often are new episodes released?
New episodes of the Born to Trade podcast are released bi-weekly on Thursdays. Stay tuned for conversations with industry experts and thought leaders, tackling topics from trading psychology to market strategies.
How does longevity play a role in a trader's growth?
With over a decade of experience, Michael believes trading growth comes from pairing longevity with consistency. He applies a disciplined approach that turns repetition into steady results by following strategies he has tested and proven effective.
How can traders manage risk to support a long-term trading approach?
Michael has highlighted the importance of setting clear limits on losses and profits to maintain consistency. He references a framework using percentage-based thresholds over daily, weekly, and monthly periods, with profit targets set higher than loss limits.
What should I look for when choosing a trading platform?
When choosing a platform, look for one that is reliable, performs consistently, and has positive user feedback. The platform should also provide smooth and fast order execution, a user-friendly interface, and competitive trading costs, such as low spreads. It's a good idea to test the platform with a demo account first or a small amount of capital.
Where should I begin if I want to trade?
Start by building your knowledge using trusted resources or learning from experienced traders like Michael. You can also try our free demo account to practice trading risk-free in real market conditions and develop your strategies.
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