In this special episode of Truth About FX, Walter talks about the London Conference, its presenters, and the topics they discussed during the event. Hugh shares his experience as well as a presenter and attendee. They dig into interesting issues and concepts such as trading psychology and the different perspective each presenter shared during the conference.

Download (Duration: 15:43 / 18.0 MB)

In This Episode:

00:44 – great energy

02:13 – Psychology

04:24 – ten speakers

05:25 – go-getter

07:55 – refine ideas

09:33 – technical to fundamental

11:59 – great tip

13:36 – chess champion

14:53 – two-headed

Tweetables:

Start focusing in on the Psychology [Click To Tweet].

If you want a dream, go and get it  [Click To Tweet].

Learn to trust yourself [Click To Tweet].

Announcer: Sometimes, forex trading is a wild and wooly place to be. That’s why Hugh is here, to post your questions to Walter, the naked forex guy. Hugh’s got questions and Walter’s got the answers. Here at the Truth About FX Podcast.

Hugh: Hi, Walter. How is it going?

Walter: Great, Hugh. Just came back from the conference and it was great to meet you and all the other traders in the area.

Hugh: Yeah. Finally, for the first time we’ve actually met.

Walter: Yeah, that was good fun. It was actually really good fun. What were your thoughts? What do you think about the conference overall?

Hugh: I thought it was great. I thought that there was such a great energy in the room. There’s obviously a lot of good education but I think just the fact that you’ve got to hang out with traders and quite a few successful traders at that, I think that was the biggest benefit of being there.

Walter: Yeah. It was interesting, actually. I was reading the comments on the feedback. One person said, “It was really great to go to a conference where somebody wasn’t saying, ‘This was my last chance. I lost my house, my wife, my dog and I’ve got to make this work.’”

It was interesting. I haven’t thought of it that way but that was one of the things that came through loud and clear from the attendees and from the surveys that we did after. It’s how people were really impressed with the level of traders that were there and how encouraging they were which is interesting because to me, that said that there’s a lot of discouraging trader groups.

I get that. I’ve noticed that a lot of free forums out there, they’ve sort of devolved into this really nasty name-calling thing.

Hugh: Yeah.

Walter: In the end, it’s always the same like the guy comes in and he says, “Hey, this is a great system. Check it out.” And everyone says, “That’s cool. Let me try it.” “Wow, that’s amazing!” And then in the end, they’re almost like “Oh, you don’t make any money. You’re an idiot” and stuff like that.

Hugh: Exactly.

Walter: It was funny how they always do. Anyway, it was really cool to have a group of people who were looking out for each other and helping each other. It was interesting to me how Psychology came up so...