If you could give an advice to your “younger self”, what would it be?
In part 3 of “A Trader’s Journey”, fund trader reveals insider tips on how his fund survived (indeed, thrived during) the UK Brexit event, while other traders and investors crumbled under the uncertainty of the Brexit vote.
James also details his “slow method of trading” and why Darren may find it frustrating if he decided to use it.
You will also find out why James is a “slow trader”, why your penmanship may hinder your abilities to trade large sums of money, and when you should take off on a holiday from trading (to achieve optimal results).
Download (Duration: 24:03 /27.5 MB)
In this episode:
01:00 – self-drive
02:50 – personality profile
04:04 – active trading
07:00 – an acceptable loss
11:06 – what people would look at
14:10 – wimpy and nasty
16:08 – slow moment method
18:47 – psychologically depriving
20:02 – a good advice
22:08 – not all cookies and cream
Tweetables:
You cannot make a trader out of nothing. [Click To Tweet].
Do not take the trade if you are not comfortable with it. [Click To Tweet].
Psychology is eighty percent of trading. [Click To Tweet].
Download The Full Episode 59 Transcript Here
Walter: …The funds that are based on fundamentals, they did not even attempt to time their entries either. That does not really — you know what I mean? — that does not even come on their radar…
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: Alright. Here we are Part Three of Three of the interview with James and now what I want you to do is just make sure that you have listened to the other two parts: Part One and Part Two. If you haven’t, please go back and listen to those or this one will not make any sense at all.
In this episode, you will see the advice that James would — now, today — give to his younger self, just somewhat surprising. You’ll also see why your handwriting could determine your financial future –I know this sounds weird but it is true.
You will also see the perfect time for traders to take a break from their trading, how James found out about this information, and how he uses this information with his trading team at his fund. You’ll see what potential investors look at when deciding whether or not to give you money — James does a really good job of touching on this. You’ll see how James’s fund made money during the famed Brexit event even though a lot of other funds completely blasted during this historical vote in the United Kingdom.
You will see why they call James’s method a “slow method of trading”. How this came about and, also,