In this first part of 2 Traders Podcast episode, Darren and Walter are joined by a fellow naked forex trader, James Kensington. The three traders talk about James’s journey towards successful trading, his beginnings, and what made him become the trader and person that he is now. James shares the importance of having a mentor, and the right mindset when it comes to risks, desires, and motivation.

Also, James pulls down the curtain on how he juggled his full-time job while trading — and why it’s tough to split your passions. James shares his “big three” tips for going pro, and enjoying the lifestyle you want.

Download (Duration: 20:22 /23.3 MB)

In this episode:

01:23 – fascinating journey

03:09 – in a nutshell

04:04 – having a mentor

06:16 – personal limitations

08:16 – mental block

10:22 – being different and unique

12:49 – too many mistakes

13:44 – similar strategy, different time frames

15:16 – what alleviates the pressure?

17:38 – responsible investing

18:58 – make or break situation

Tweetables:

The main thing is to work full time and trade part-time. [Click To Tweet].

Lifestyle is really important when trading. [Click To Tweet].

We are all human, we make mistakes. [Click To Tweet].

Download The Full Episode 57 Transcript Here

James: That is playing in your mind, no trader is a good trader. All traders, to me, are bad traders because at least they could admit when they have made bad trades. We all done a few of them…  

Announcer: Two Traders, Darren and Walter, pull back the curtain on profitable trading systems, consistent money management, and profitable psychological triggers. Welcome to the Two Traders Podcast.

Walter: Welcome to the Two Traders Podcast. Today it is the “Three Traders Podcast”. We’ve got Darren on the line. Hi, Darren. How are you today?

Darren: I am really good, Walter. Nice to see you again.

Walter: And we’ve got James. James here has got quite a story to tell so we decided that we are going to hear it. James has been so kind to donate his time. He is quite a busy guy, you will find out in a moment.

James Kensington. How are you today, my friend?

James: I am currently in New York. I am enjoying the New York lifestyle, obviously, with the Brexit and everything. We travelled from Australia to UK and then to New York but doing very well this morning and looking forward to contributing a little bit of my knowledge along the way.

Walter: Let us get into that. Let’s talk about your trading journey because I think it is a fascinating one for people listening. Tell us a little bit about how you got into forex trading. What was it like for you in the beginning? What were the early days like?  

James: To be honest, I started getting into trading when I was an I.T. guy that started off an I.T career and then went into paramedicine and then realized that ...