Do you really need to know every trading system to be profitable? In this episode of Truth About FX, Walter digs into finding the most consistently profitable system — and is there really one? He talks about how this might differ depending on your perception of the markets. He also talks about the Big Shadows…
EP109: Most Aggressive Trading System?
In this episode of Truth About FX, Walter talks about the most aggressive trading system — and is there really such thing? He talks about positioning and what makes an aggressive system “aggressive”. Download (Duration: 04:24 / 5:04 MB) In This Episode: 00:34 – aggressive and crazy 01:43 – more sophisticated 02:45 – super aggressive 03:56…
EP108: Jesse Livermore’s Trading Psychology
In this episode of Truth About FX, Walter talks about Jesse Livermore, his book, life, and history as one of the most revered forex traders. What made him the trader that he was? Walter also talks about risk management and how Jesse Livermore’s life could set as an example when it comes to psychology, strategy,…
EP107: Discretionary Traders: What are they?
In this episode of Truth About FX, Walter talks about probably one of the most commonly misunderstood traders: what are discretionary traders? And what draws the line between discretionary trading and algorithmic trading? According to Walter, every trader has rules and there are traders who uses their gut. But, not every rule should be translated…
EP106: How to Get the Best Backtest Result?
In this episode of Truth About FX, Walter gives away some very reliable points how to get the most of your backtesting data. He talks about market segments, market types, and currency pairs…so what do all these have to do with your backtesting? Walter affirms the need to look at different point of views and…
EP105: What Kind of Market are You In?
In this episode of Truth About FX, Walter puts the pieces of the puzzle: what type of market should you be trading based on your system? Or, should it be the other way around? Walter breaks it down into several parts and gives emphasis into identifying the market mood and figuring out which trend is…
EP104: Why Does Risk of Ruin Matter Anyway?
In this episode of Truth About FX, Walter cracks the shell of probably one of the most common questions, especially for newbie traders: What is risk of ruin? And, more importantly, why should you really car about this. He talks about its relevance to understanding your trading limitations and making this an important tool in…
EP103: How much is the Best Risk Percentage?
In this episode of Truth About FX, Walter answers a classic question: how much risk should I have on every trade? He shares important key points to keep in mind when deciding this. He also touches on building confidence and easy steps that you should take when testing systems… And, when is the best time…
EP102: What Creates the Market?
How long should a man’s leg be? In this episode of Truth About FX, Walter breaks down the age-old question: how is the market created? Or, is it really something that can be manipulated? If so, how can you take advantage of it? And what you could learn from Abraham Lincoln — wait, what? Download (Duration:…
EP101: How to Profit from Gaps?
In this episode of Truth About FX, Walter and Hugh dig into various ways of making use of those gaps in the charts, and how you could profit from them. How big is it? And what are some of the strategies that you could use to take advantage of this? Find out more on this…