Would you trade the same idea twice? In this episode of Truth About FX, Walter digs into the subject of trading ideas, signals and execution. He asks an important question when deciding which road to take: Is this according to my beliefs? Have I tested this with my system? Walter also talks about an essential…
EP45: Should I use a Trading Robot?
How do you know if something is working out the way you want it to be? In this episode of Truth About FX, Walter digs into the enticing appeal of using automated trading robot and if you should or should not really use it. He talks about important factors that you should consider when making…
EP44: When Should I Ignore a Trading Signal?
In this episode of Truth About FX, Walter talks about taking market signals, patterns, and the two important scenarios that you should examine when considering if you should or should not call it a day. Walter also shares a good spot in determining a “range-bound market” versus a trending market and the different candle behaviors…
EP43: How to Place Profit Target
Do you ever ask yourself will the market go how far? Will it turn around and go against me? If so, what will you do when it does? In this episode of Truth About FX, Walter delves into the area of market levels, chart patterns, and the different exit methods that might suit you depending…
EP42: What’s Asian Drift in Forex Trading?
In this episode of Truth About FX, Walter talks about the Asian Drift, what it is, what it means to traders, and how you can look at it in a favorable way. He gives useful tips about setting boundaries and how the Asian market can actually set your day right. Download (Duration: 03:14 / 3.71 MB) In…
EP41: Is it Worth to Wait for Stop Loss?
In this episode of Truth About FX, Walter dig into the topic of stop loss and if you should — or should not — wait for it to be hit before deciding your trade’s fate. According to him, it is important to ask yourself: is there a reason for the market to turn around at…
EP40: Why You Need a Life Outside Trading
In this episode of Truth About FX, Walter touch on the topic of trading and socialization, trading tribes, and why it is important to have a balanced and healthy life outside of trading. He delves into the advantages of finding the right persons to hang-out with and the unusual but otherwise helpful things we can…
EP39: How to Overcome Barriers
In this episode of Truth About FX, Walter gives points on taking down barriers that hinders you from becoming a successful trader. He suggests some handy tools on how to take down these psychological walls, the importance of identifying your beliefs, and how your perception of others can affect your decisions. Download (Duration: 07:05 / 8.11 MB)…
EP38: Should You Use Fundamental or Technical Analysis?
In this episode of Truth About FX, Walter delves into the topic of using fundamental analysis versus technical analysis in terms of analyzing market movements. Walter also taps into one of the most common errors newbie traders make when it comes to using fundamentals in trading. He also touches the several advantages of using technical…
EP37: How to Stay on Track
In this episode of Truth About FX, Walter talks about a common trap most traders fall into while sitting in front of the computer. He indulge into trading addiction, its consequences, and how it can lead into serious trading mistakes. Walter delve into his knowledge of trading psychology and how this can be solved by…