Confessions of a Professional Forex Trader
“You can turn that into a technical chart where you draw all these multiple trendlines, it’s going to collapse and it’s going to come down really hard on the other direction. That’s a concrete example of what is a technical analysis has tapped into. It could just tapped into basic fear and greed stuff that we deal with in the market…”
“What you need to do is come up with a number of trades that you need to have sort of bank in your account so that you are able to withstand one a drawdown…”
In this episode of Truth About FX, Walter digs in the idea about how your intuition as a trader – and as a human being – affects your trading decisions. He also gives a brief…
“What happens if my broker goes bust? What happens if something happens overnight, my position gets stopped out? Those are the sorts of things and maybe meditation would help…”
Walter talks about becoming a successful forex signal provider. What are the things you should keep in mind and do you have the right outlook to pursue it? According to him, the’re an easy trick to help you attract subscribers and give you the edge. There’s also this very easy to use tool that can help you set-u risk parameters… And who is this signals-guy Walter is talking about and how you can learn a thing or two in finding your niche.
“Now, what we want you to do is qualify and show us that you’re a good enough trader. Once you do, we’re going to give you a little chunk of money to trade. We will keep most of the profits that we make on this little chunk of money and you get to keep some of it”.
In this episode of Truth About FX, Walter gives some insider information on how can YOU become a hedge fund trader – there’s two ways: one involves some drinks and the other a laptop. And…
In this episode of Truth About FX, Walter dives into the fear of missing out and where it is coming from. He talks about the psychology behind this and why most traders get lured into…
In this episode of Truth About FX, Walter digs into support and resistance zones and how far should you go back on your trading history to get the most accurate data. According to him, it…
If you already backtest the system, you can add a few more pairs. Make sure that your system works on those pairs and then just add them to your arsenal. That’s kind of my recommendation…
In this episode of Truth ABout FX, Walter exposes some insider trading psychology techniques to help you focus on your goals. What are these two steps to profitable trading? And how can you effectively apply…