Truth About Forex Trading Podcast

Confessions of a Professional Forex Trader

About Walter Peters

Dr. Walter Peters, PhD.Walter Peters, PhD

Trading for consistent profits is either terribly difficult for most people, or I am particularly dense. It took me 4 years (that’s over 1000 days) to get to a point where I made money consistently.

And what’s worse?? Nobody helped me along the way… there were no forex websites, forex gurus or anyone to really show me what I was doing wrong.

When I first started trading forex I paid a 14 pip spread on the EUR/USD and there was one (particularly awful) book on trading forex.

So I did the only rational thing, and moved out of the country and spent one year locked up in an apartment with every technical trading book I could get my hands on… from Gann to point-and-figure, from moving average cross-overs to stochastics and even the “Awesome Oscillator” – I tried everything.

And in the end, what worked for me was surprisingly simple. So simple, in fact, that one day my broker rang me up and asked:

“Hey… so what are you doing?”

I told him.

He laughed.

Then he said “Do you want to write a book about this?“

So I did… and Naked Forex was born. If you’d like to see my trades, get all of my trading courses, and meet some of my friends who trade (many of whom are brilliant traders), the best place to do so is in our private forum, at NakedForexNow.com

 

 

 

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Episodes

  • EP191: Have you ever tested strategies using Bollinger Bands?
  • EP190: Volume-based trading strategies: Do they really work?
  • EP189: Backtesting Your Broker’s Data for Live Account
  • EP188: Is Real-time Biofeedback Beneficial for Traders?
  • EP187: Why You Should be Resilient in Your Trading

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