
Sign up to save your podcasts
Or
Hey traders in this weeks Forex podcast I am going to go over a common mistake a lot of newer Forex Traders make when first starting in having the belief that in order to make more money you need to trade MORE. Yes frequency is important in Trading Forex but it is not everything. We need to be mindful in understanding that not all setups are made equal and some are a higher quality then others. This was made evident to me when I finished backtesting USDJPY and realized I could cut out half my trades and still be just as profitable in my Forex Trading over a 12 year sample. I talk a bit more about this in this weeks podcast.
IG: RaymondLJeffries. Youtube: Raymond Jeffries
5
11 ratings
Hey traders in this weeks Forex podcast I am going to go over a common mistake a lot of newer Forex Traders make when first starting in having the belief that in order to make more money you need to trade MORE. Yes frequency is important in Trading Forex but it is not everything. We need to be mindful in understanding that not all setups are made equal and some are a higher quality then others. This was made evident to me when I finished backtesting USDJPY and realized I could cut out half my trades and still be just as profitable in my Forex Trading over a 12 year sample. I talk a bit more about this in this weeks podcast.
IG: RaymondLJeffries. Youtube: Raymond Jeffries