Two Blokes Trading - Learn To Trade Online

From RAF to Pro Trader, Paul Wallace’s journey is a masterclass in trading psychology and discipline. In this episode of the Two Blokes Trading Podcast, Paul reveals how his years as a Royal Air Force fighter controller shaped his decision-making, risk management, and resilience in the financial markets. His career transition from the military to professional trading wasn’t about luck; it was about applying structure, adaptability, and the ability to thrive under uncertainty.Paul discusses the critical importance of risk management, comparing trading capital to military ammunition, once it’s gone, you’re out of the fight. He explains how a military mindset provides the ability to remain calm in volatile markets, adapt strategies to current conditions, and manage emotional responses to losses.Listeners will gain practical insights into building consistency through rigid rules and flexible expectations, understanding market psychology, and developing habits that prevent burnout. Paul’s experience spans intraday