In this episode of Truth About FX, Walter talks about the advantages and disadvantages of using trade copying services like eToro and Amaya FX. He also gives some advices about hooking up your account to another trader and having a tested technology that can hold it up for you. Download (Duration: 05:23/ 6.17 MB) In This Episode:…
EP14: How to Diversify Your Trading by Hiring Other Traders
In this episode of Truth About FX, Walter talks about how to take advantage of other trading opportunities even if you don’t want to trade forex for yourself. He outlines several options like having a person who has good track record and tested trading system as a trading partner. Hugh also shares his recent experience…
EP13: Are US Citizens “Second-Class” Traders?
In this episode of Truth About FX, Walter explains that while some might consider the fact that other forex related services do not accept US clients as dishonesty, it’s really just a business decision. Many brokers consider USA clients “second class” traders because of the regulations involved on USA forex trading accounts. Download (Duration: 02:40/ 3.06 MB)…
EP12: How to Profit with Multiple Markets
In this episode of Truth About FX, Walter talks about trading in multiple markets and how beliefs can affect a trader in making decisions. Also, Walter shares the story of a trader in Nicola and how her experience can inspire other traders. Download (Duration: 05:46/ 6.61 MB) In This Episode: 00:48 – multiple markets 02:19 – simple…
EP11: Is My Broker Trading Against Me?
In this episode of Truth About FX, Walter answers a common question: does my broker trade against me? Also, he digs into the different types of brokers, how knowing what type of trader you are can help you choose the right broker for you, and the advantages of having multiple brokers. Download (Duration: 07:55/ 9.07 MB) In…
EP10: How to Manage Over Trading in Forex
Over trading can be one of the most dangerous things in forex trading. In this episode of Truth About FX, Walter talks about over trading and shares some useful tips on how to tackle it. Download (Duration: 02:43/ 3.12 MB) In This Episode: 00:54 – tripled our account 01:13 – over trading 01:38 – trading partner…
EP6: How to Trade Higher Time Frame Charts
Risk management is one of the key factors every Forex trader should consider carefully. In this episode of Truth About FX, Walter discusses an efficient way to set your lot sizes even if…
EP4: Which Currency Pair is the Best to Trade?
In this episode of the Truth about FX, Walter talks about trading currency pairs, following trend ratios and observing the market, relying on things that you are familiar with, and focusing on what you really want as a trader and using…
EP3: Why Trade the Forex Market?
Is Forex better than other markets like futures, options or stocks? In this episode, Walter breaks down the benefits and downsides of Forex trading so you can make an educated decision on which market…