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In this last part of Truth About FX special episode with James Kensington, Walter and James will spice up your trading menu with key ingredients that will help you find your success and consistency. They also point out the differences between private and public traders, their position-sizing strategy, and how you can really make us of the “Naked Trading Framework” with penny stocks.
You will also learn about the “lemmings in the market” and how important this is in making profits. And, what is this big, fat, lie about trading educations according to James?
Download (Duration: 37:51 / 43.3 MB)
In This Episode:
01:30 – big trading lie
03:56 – a taste of loss
06:05 – space trading
08:12 – key elements of trading
10:21 – naked framework
12:41 – traded by emotions
15:29 – people are random
18:14 – sentiments and convictions
21:15 – execution mistakes
23:22 – stand up desk
26:39 – statistically evident
30:10 – have a break
33:04 – little learning lessons
35:37 – support structure
37:14 – call a friend
Tweetables:
Put in a trade if it’s a good trade [Click To Tweet].
Start trading with a good support structure [Click To Tweet].
You have to know yourself [Click To Tweet].
Announcer: Sometimes, forex trading can be a wild and wooly place to be but, forex trading doesn’t have to be the bad lands for your partner. Instead, hunker down and bend your ear. You will be burning the breeze in no time here at the Truth About FX Podcast.
Walter: Hi, it’s Walter and in this episode, Part Three with James Kensington, you’re going to hear all about James’ space trading. What is it? You’ll learn that. You’ll also see the differences between private traders and public traders and James knows very well what these differences are.
You’ll get the key elements of trading success. James will show with you what he believes are the best elements, the key things, the key ingredients that you need to ratchet up your trading and find consistent trading success.
He talks about lemmings in the market as well and how to see these lemmings in the market. This is critical for forex traders because it’s really the key to how we make profits. He’ll also share with you his position sizing strategy.
This is something that is very unique to James. I learned a lot when I first heard this from James and he’s going to share with you how you use position sizing to your advantage. He’ll also talk about how you can use the Naked Trading Framework with penny stocks, which I find quite interesting. He use them well with that system as well.
Finally, James is going to jump into the big trading lie. This is the one big lie that we see trading education promotions all over the internet and it...