In this episode of Truth About FX, Walter takes you to the core of leverage: what it is and how it really works. He talks about the difference between stock trading and forex trading and the use of leverage on both types of tradings. You will also learn here how you can “fire up” an…
EP35: Best Free Forex Education Resource?
In this episode of Truth About FX, Walter talks about free forex educational resources. He suggests a book good book for those who have only started trading and wants to learn the psychology behind it. He also named a website that new traders can visit for instructional trading, especially those who are interested in price…
EP34: What is “Islamic Forex Trading”?
In this episode of Truth About FX, Walter discuss about Sharia Laws. He talks about the tricky things that you could get using this system and how some brokers have taken this to their advantage. Download (Duration: 02:41 / 3.08 MB) In This Episode: 00:33 – Sharia Laws 01:42 – holding fee 02:12 – interest rate difference…
EP33: Is it Worth Trading IQD/VND?
Sometimes, we easily get lured into believing something out of rumors. Or, you have too much money and you just trade based on what others believe to be a good trend. In this episode of Truth About FX, Walter discusses the fundamental analysis and the rationale behind the decision on whether you should or should…
EP32: Sleep vs Trade: Which is More Important?
Sometimes, you want to catch a trade badly that you stay up even late at night. It’s a really good trade and you don’t want to miss it, but is it good for you? In this episode of Truth About FX, Walter talks about the importance of having a sound mind and healthy body, especially…
EP31: Finding the Right Time Frame
In this episode of Truth About FX, Walter talks about choosing the right time frame to trade and the factors that you should consider. According to Walter, you should always consider your lifestyle when choosing a time frame and ask yourself “does it fit my daily schedule?”, “am I comfortable trading on this time frame?”…
EP30: What are the Biggest Trading Mistakes?
In this episode of Truth About FX, Walter talks about some of the most common mistakes forex traders make — and even the brokers agree on this. You’ll also know the importance of leverage, risk management, and how to deal with drawdowns. Hugh also shares his own mistakes and how, sometimes, you’ve got to deal…
EP29: Trading Strategies: Should I Copy One?
In this episode of Truth About FX, Walter a question about the possibility of multiplying a small trading account into a million in a year. Walter explains what could be the answer to this, if it is possible or not, the dangers that might come along, and the human psychology that makes you want to try…
EP28: Should I Risk More on a “Sure” Trade?
In this episode of Truth About FX, Walter talks about risk management and if you should risk more for a sure trade versus a trade with unknown results. He highlights that while it is usually good to take risks, it is always better to stick within the trading discipline, especially if you are new to…
EP27: Best Way to Track Openings
In this episode of Truth About FX, Walter talks about how to keep track of different international markets. He suggests a website that can help you know which market is open at a specific time wherever you are. It is also important to remember that while it is good to know this, it is also…