“I talked about this idea of market biofeedback which is the market — I wrote about it in the Naked Forex, infact. This idea that the market gives you information and then what you do with that information because it’s really difficult when you’re in a trade to be totally and completely take no side…”
EP186: 3 Things You Wish You Knew Before Becoming a Trader
There are people that will tell you it’s impossible to make 1% a week trading. There are other people that are doing much better than that, every week trading. That’s it. Trying to set your expectations based on what somebody else tells you, it’s not good and that’s sad because we’re actually brainwashed from a young age to do that…
EP174: Rewarding: Does this Improve Your Trading?
“I know it seems kind of weird to reward yourself after a losing trade and you have to remember that you’re just moving the focus to what’s important which is the execution. The wins and losses, distribution of wins and losses doesn’t matter…”
EP172: Medicating the Negative Impact of Losing Trades Through Psychology
‘If tapping doesn’t make sense or you don’t want to talk about your journal and write it out, talk about how you have no control. All the control you have is using your strategy, taking the right trade at the right time…”
EP168: How Much Should Intuition Affect Your Trading?
In this episode of Truth About FX, Walter digs in the idea about how your intuition as a trader – and as a human being – affects your trading decisions. He also gives a brief on this interesting book that can help you understand the role of intuition. And did you know there is a…
EP167: Activities That Can Help You Become A Better Trader
“What happens if my broker goes bust? What happens if something happens overnight, my position gets stopped out? Those are the sorts of things and maybe meditation would help…”
EP163: Fear of Missing Out: Where is this Coming From?
In this episode of Truth About FX, Walter dives into the fear of missing out and where it is coming from. He talks about the psychology behind this and why most traders get lured into this trap. He also shares a good reference to combat this and how traders are lions. Download (Duration: 06:21 / 15.3…
EP161: What If There’s Not Enough Trades?
If you already backtest the system, you can add a few more pairs. Make sure that your system works on those pairs and then just add them to your arsenal. That’s kind of my recommendation…
EP160: What’s the Best Psychology Technique?
In this episode of Truth ABout FX, Walter exposes some insider trading psychology techniques to help you focus on your goals. What are these two steps to profitable trading? And how can you effectively apply this to your own strategy. You would also know what the biggest difference between a successful trader and the gambler…
EP159: Where Can You Find Those Streamline Info?
Walter spills the beans on the best kept secret — or not really — on where to find the haven of streamline info. He shares a memory when he was writing the book and how this made him realize one big fact about all traders. And did you know that trading is like dating?…