A Real Forex Journey

Having taken someones suggestion on board I began retesting my strategies to make sure they actually have a positive expectancy. Doing so and comparing results put me in an interesting dilema and stuck between 2 options so find out what this was and my thought process so far.

There is a huge difference between almost mechanical systems to complete fluidity in trading and both as anything else in life have their pros and cons. There is a complete difference is psychology behind both of them and you get very different emotions through the good periods or the drawdown so it is important you know yourself and which you think you can handle better. Find your place on that spectrum.

One of the problems traders do have is not making mistakes in relation to following their plan and rules. Very frequently a newer trader may take profits early or push stops back or simply just not wait for their candle to close despite setting is a rule in their plan. These mistakes compound over time and can be very costly so this episode I go over what the mistakes are and how you can go about solving these individual problems.

 A BONUS Episode that I thought it would be selfish of me to wait months to release. This is a challenge I am setting to every trader out there despite the level they are at in the aim of improving your trading every single day. There is nothing more valuable than reps in the market to build that discretion and confidence going forward so make sure you take this power hour challenge on as soon as you hear this episode.

Get everything ready and BEGIN your Power Hour Challenge.

One of the most important things in trading in my opinion is for your strategy and approach to be suited to your personality. This episode I go over my development of my trend continuation and other strategies which were not suiting me as well as they could be and how I went on to develop and adapt them going forward.

This episode I go over my goals in relation to trading and going over the many methods that you can use to monetise the skill of trading and turn it into a business despite having a low starting capital and how you can use that skill to actually grow it. Whether it is money management, signal service or education there is loads of money to be made eventually. But you need that track record first.

This episode we go over backtesting and my honest opinions on what I think is a MUST backtest and what isnt and I go over my reasons why. I know theres many traders haven't even heard of backtesting and might try and shortcut it even if they did know but I feel like they should at least be aware of the potential consequences if they do or don't do that in relation to their strategy and psychology.

The nature of this episode pretty much sums up exactly the goal of this podcast which is to show the reality of becoming a trader and some of the things that I know I am not the only one experiencing. It goes over why my motivation to do certain things in trading is lower than what it started with and a very important difference in what I doubt mentioned towards the end.

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Lach

Loads of successful people will tell you the importance of having a consistent routine for your day so I share with you what I do on a consistent day to day basis as a forex trader. Whether it is busines or trading I belive this is something very important to have in your life but it has to be suited to you as an individual for it to be sustainable.

Part of the routine right here -> Youtube Channel

This episode I go over my plan for my portfolio and how I want to split into 2 different trading accounts with a very different approach from one another. You will see the reasoning behind me doing that and visions I have for these 2 accounts aswell as a quick insight into how much time it actually takes to trade each of them.