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Chat With Traders

300 · Patrick Petersson - We Should Not Die as Traders

Chat With Traders

Tessa Dao

Education, Business, Investing

4.92.3K Ratings

🗓️ 28 May 2025

⏱️ 86 minutes

🧾️ Download transcript

Summary

In this episode we catch up with Patrick Petersson, who returns two years after his first interview on Chat With Traders on episode 260, where he shared his incredible story of overcoming hardship to attaining success in trading as a professional trader. Patrick has become best known for his intuitive, price-action, news-based, scalping trading style. Shifting from trading as a lone wolf to collaborating with others, Patrick shares his personal transformation that he underwent by mentoring and guiding other aspiring traders to realize their greatest potential. In a refreshingly blunt conversation, Patrick shares practical, real-life trading topics and issues that traders are experiencing today, including the psychological and practical challenges of trading, and the role community and engagement plays in one's trading development. He also shares his thoughts on the sharp divide between traders risking their own capital and those cycling through prop firm evaluations, and the shortages of honest guidance for traders, and so much more. More about Patrick Petersson: Patrick has over 20 years of experience in the U.S. stock and futures markets. As a retired professional trader, he now guides traders of all levels and has been a driving force in trading communities such as the Chat With Traders and MenthorQ communities. Currently at MenthorQ, he developed the MenthorQ Blindspots and Trading Roadmap principles, which aim to simplify trading with the principle: Keep It Super Simple. He also hosts MenthorQ TV, where he interviews guests and shares trading strategies. Additionally, he is a father of two and resides in Dubai with his family. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Chat with Traders is sponsored by Plus 500.

0:04.0

Ever thought about dipping your toes into futures trading but felt lost in all the jargon?

0:09.0

I get it. Trading can seem overwhelming at first.

0:12.0

But here's a thing. With Plus 500's futures platform, you don't need to be a financial expert to get started.

0:19.0

With Plus 500, you can access a wide range of

0:22.2

markets. S&P 500, NASDAQ, Bitcoin, natural gas, Forex, metals, crypto, and more. It's like having the

0:30.1

entire financial market in your pocket, since you can also trade right from your phone. Open your

0:34.6

account with plus 500 and start trading with as little as $100.

0:38.9

That's right, Ian. And if you don't want to risk even a penny, plus 500 offers an unlimited

0:44.3

risk-free demo account packed with real charts and tools to help you practice and build confidence

0:49.7

before jumping in with real money. With over 20 years of experience and over 30 million global customers,

0:56.0

Plus 500 is your trusted gateway to the futures market.

0:59.7

Visit us.plus500.com to learn more.

1:03.9

Chat with traders is brought to you by Trade the Pool.

1:07.6

Becoming a funded trader means trading with a firm's money instead of your own. At Trade the

1:12.7

Pool, you first complete an evaluation by hitting profit targets while managing risk. Once you pass,

1:18.9

you get access to up to $260,000 of buying power. You keep up to 80% of your profits while the firm

1:26.1

covers the risk. It's the perfect way to trade big

1:29.5

without risking your own funds. Are you ready to become a funded trader? Join Trade the pool.

1:35.8

Trading in the financial markets involves a risk of loss. Podcast episodes and other content

1:41.2

produced by chat with traders are for informational or educational purposes only

1:45.9

and do not constitute trading or investment recommendations or advice.

...

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