{"id":8893,"date":"2014-11-27T08:18:40","date_gmt":"2014-11-27T16:18:40","guid":{"rendered":"http:\/\/www.tradingheroes.com\/?p=8893"},"modified":"2022-08-11T22:20:00","modified_gmt":"2022-08-12T05:20:00","slug":"ttl-0017-bank-dealer-turned-independent-trader-walter-vannelli-shares-experience","status":"publish","type":"post","link":"https:\/\/www.tradingheroes.com\/ttl-0017-bank-dealer-turned-independent-trader-walter-vannelli-shares-experience\/","title":{"rendered":"EP17 \/\/ Bank Dealer Turned Independent Trader Walter Vannelli Shares His Experience"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/walter-vannelli-headshot.jpg\" alt=\"Walter Vannelli FX Trader\" width=\"150\" height=\"150\" \/>These are the types of interviews that I really enjoy.\u00a0 I love talking to anyone about trading, but I especially like hearing from people who are just doing their own thing.\u00a0 In the case of today's guest, he trades for a living from his home in Italy.<\/p>\n<p>He doesn't have a website and doesn't market a course.\u00a0 The only reason that I found him was because he does have a great Twitter account.\u00a0 I have been watching is posts on Twitter and he is very consistent.<\/p>\n<p>Walter Vannelli has been involved in Forex for most of his life.\u00a0 What makes his experience especially interesting is that he started off as a dealer.\u00a0 No check that, he actually started off in the back office of a bank.<\/p>\n<p>But a staff shortage and a fortunate turn of evens forced him onto the dealing desk.\u00a0 Once he was exposed to trading, he was hooked.\u00a0 This passion for trading has stayed with him over the years and it really shines through in the way he speaks about trading.<\/p>\n<p>Since he was a dealer, he understands what goes on the the trading rooms of banks.\u00a0 He has been at a couple of big banks, including Citi.\u00a0 <strong>He gives us some insights into how banks operate and how he trades as an independent trader who no longer has access to dealing desk information.<\/strong><\/p>\n<p>When Walter first started in Forex, only very rich individuals could trade Forex.\u00a0 So as retail Forex trading became more popular, he was also able to train traders and consult with other banks on how to set up their accounting and back offices.\u00a0 This allowed him to transition from a day job to trading full-time on his own.<\/p>\n<p>One of the things that I enjoy the most in life is speaking with people who are making a living doing exactly what they love to do.\u00a0 Walter is certainly one of those people.\u00a0 I found that he is also a positive, humble, and funny guy.<\/p>\n<p>I hope you enjoy this episode and learn a lot from it.<\/p>\n<h2>In This Episode<\/h2>\n<ul>\n<li>Walter's unique meditation style<\/li>\n<li>What he has in common with college kids<\/li>\n<li>Why banks win against retail traders and how you can still find success<\/li>\n<li>The amount of money you needed to trade Forex back in the 1980's<\/li>\n<li>How he went from the back office to the dealing room<\/li>\n<li>His daily routine<\/li>\n<li>And more!<\/li>\n<\/ul>\n<h2>Click Play To Listen To The Interview<\/h2>\n<div><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/-sno2icl2-w?rel=0&showinfo=0\" width=\"853\" height=\"480\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<p>&nbsp;<\/p>\n<h2>Resources Mentioned<\/h2>\n<ul>\n<li>Follow Walter on <a href=\"https:\/\/twitter.com\/waltervannelli\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a><\/li>\n<li><em>Walter doesn't read trading books<\/em><\/li>\n<li><a href=\"https:\/\/www.amazon.com\/s\/?_encoding=UTF8&camp=1789&creative=390957&field-keywords=seneca&linkCode=ur2&rh=i%3Aaps%2Ck%3Aseneca&tag=tradhero06-20&url=search-alias%3Daps&linkId=QHZQVRLA6XE3DZ2M\" target=\"_blank\" rel=\"noopener noreferrer\">Lucius Annaeus Seneca<\/a><\/li>\n<li><a href=\"https:\/\/www.amazon.com\/gp\/search\/?ie=UTF8&camp=1789&creative=390957&keywords=marcus%20aurelius&linkCode=ur2&qid=1416549172&rh=i%3Aaps%2Ck%3Amarcus%20aurelius&tag=tradhero06-20&linkId=DLFEXZHNHW7SDQPN\" target=\"_blank\" rel=\"noopener noreferrer\">Marco Aurelio<\/a> (Marcus Aurelius)<\/li>\n<li><a href=\"https:\/\/www.amazon.com\/mn\/search\/?_encoding=UTF8&camp=1789&creative=390957&keywords=marcus%20aurelius&linkCode=ur2&qid=1416549172&rh=i%3Aaps%2Ck%3Amarcus%20aurelius&tag=tradhero06-20&linkId=ONJWS6A3Q5XPK362\" target=\"_blank\" rel=\"noopener noreferrer\">Michael Crichton<\/a><\/li>\n<li><a href=\"https:\/\/www.amazon.com\/s\/?_encoding=UTF8&camp=1789&creative=390957&keywords=patricia%20cornwell&linkCode=ur2&qid=1416549118&rh=i%3Aaps%2Ck%3Apatricia%20cornwell&tag=tradhero06-20&linkId=2RW5IG2Y6PSSFO2E\" target=\"_blank\" rel=\"noopener noreferrer\">Patricia Cornwell<\/a><\/li>\n<\/ul>\n<h2>Other Ways To Get The Trading Lifestyle Podcast<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.tradingheroes.com\/itunes\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to subscribe via iTunes<\/a> (if you like it, a five-star review on iTunes is greatly appreciated!)<\/li>\n<li><a href=\"https:\/\/www.tradingheroes.com\/podcast_rss\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to subscribe via RSS<\/a> (non-iTunes feed)<\/li>\n<li><a href=\"https:\/\/www.tradingheroes.com\/category\/podcast\/\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to hear the other podcast episodes<\/a><\/li>\n<li>Also available on Roku \u2013 Channel TFEX6<\/li>\n<li><a href=\"https:\/\/s3.amazonaws.com\/th-podcast\/TTL017.mp3\" target=\"_blank\" rel=\"noopener noreferrer\">Right-click here and \u201cSave As\u201d to download the MP3<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>Disclosure: I do get a commission if you buy through some of the links on this page. But it does NOT cost you anything extra, it helps pay for my hosting costs and a portion of the proceeds go to my charity partner.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This episode of the Trading Lifestyle Podcast features Walter Vannelli.  He is an independent Forex from Italy. One interesting thing about Walter&#8217;s trading background is that he used to be a dealer at a bank. This gives him unique insight into how banks operate and how to trade accordingly. <\/p>\n","protected":false},"author":2022,"featured_media":8896,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[610],"tags":[911],"class_list":["post-8893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast","tag-trader-success-stories","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EP17 \/\/ Bank Dealer Turned Independent Trader Walter Vannelli Shares His Experience - Trading Heroes<\/title>\n<meta name=\"description\" content=\"Walter Vannelli is a bank dealer turned independent Forex trader. He shares his experience and how he thinks retail traders can succeed in this interview.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradingheroes.com\/ttl-0017-bank-dealer-turned-independent-trader-walter-vannelli-shares-experience\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EP17 \/\/ Bank Dealer Turned Independent Trader Walter Vannelli Shares His Experience - Trading Heroes\" \/>\n<meta property=\"og:description\" content=\"Walter Vannelli is a bank dealer turned independent Forex trader. He shares his experience and how he thinks retail traders can succeed in this interview.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tradingheroes.com\/ttl-0017-bank-dealer-turned-independent-trader-walter-vannelli-shares-experience\/\" \/>\n<meta property=\"og:site_name\" content=\"Trading Heroes\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/tradingheroes\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-27T16:18:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-12T05:20:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/walter-vannelli-headshot.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"150\" \/>\n\t<meta property=\"og:image:height\" content=\"150\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hugh Kimura\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@tradingheroes\" \/>\n<meta name=\"twitter:site\" content=\"@tradingheroes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EP17 \/\/ Bank Dealer Turned Independent Trader Walter Vannelli Shares His Experience - Trading Heroes","description":"Walter Vannelli is a bank dealer turned independent Forex trader. 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