EP183: How Do CFDs Work?
“You just have to find the right one that offers the right leverage and spread combination and you feel comfortable with it. That’s where your testing really comes in…”
Featured Podcasts
EP182: How does the Profit Bricks Method Work
“Profit Bricks can penalize you if you use a trailing exit and you just get unlucky and your second winning trades are not as fat as the first ones…”
EP181: Trading Acceleration: Is it Good or Bad?
“What you really wanted to do is get an uncorrelated strategy or what we call a complimentary strategy…”
EP180: How to Build Your Trading Account While on a Budget
“It’s amazing how much those $6 lattes add to the expenses every month. Do you know what I mean? If you have all these crazy things, you know how it works. You don’t necessarily need to buy those new shoes or those peppermint lattes at Starbucks or whatever they’re selling this month…”
EP179: Trading while Working: How do I trade the USD/GBP
“There are different ways of doing it. If you feel like you really have to trade the lower time frames then it sounds like you’re a great candidate for automation. Otherwise, I would just focus on a higher time frame…”
EP178: What’s the Best Start-up Hack?
“What matters is you’ve made those 3 steps to trade a system that you believe in on a live account. And so, everyone gets impatient. Everyone gets upset and wishes that it happened last year. I get it but the only way you’re really going to make progress is to do two things…”
EP177: Should I Take A Summer Break?
“If you go back and look, you’ll see that some years it trends quite well and the market really moves. Other years,it just kind of moves around and I know people think that they just expect it not to move very much because people are on holiday. People aren’t really getting into it and there isn’t enough full stable of traders and all that sort of things.”
EP176: How to Increase Your Returns
“I’m a big fan of a simply just taking and this is something that I’ve been testing and it’s been going quite well just taking, looking at trades — individual trades — and looking at them in blocks so the risk per trade actually becomes risk per block…”
EP175: What is the Best Way to Trade Fibonacci
“What I would do is just pull that Fib grid across and see if any of those levels lined up with support and resistance. And maybe like the 38.2 or whatever it is lines up with a nice support level and it’s a bullish breakout…”
EP174: Rewarding: Does this Improve Your Trading?
“I know it seems kind of weird to reward yourself after a losing trade and you have to remember that you’re just moving the focus to what’s important which is the execution. The wins and losses, distribution of wins and losses doesn’t matter…”
EP173: Can Retail Traders Profit Using Naked Trading?
“What are the chances of an inexperienced retail trader doing well? Furthermore, most of the traders make use of a mix of fundamental, sentiment and technical analysis to create bigger trades. Aside from the liquidity advantage, is it really possible for you to, for retail traders to profit using pure price action techniques? It’s a lot…”