Forex Faction: The Journey to Financial Freedom

In this podcast I am continuing off of the subject we spoke about last  week on Backtesting in Forex. In this podcast we are delving deeper into  what do you track in Forex Backtesting and how that takes us into  Strategy development mode. Although this type of backtesting works  across all markets. It is this strategy development and tracking our filters which finally leads us to building our own personal Forex  Strategy or Strategies to implement in our Live Forex Trading.

IG:  RaymondLJeffries. Youtube: Raymond Jeffries

In this podcast I am discussing an important topic which I love to talk about and that is backtesting a trading strategy. Generally once we get past the point of understanding how to backtest a trading strategy we ask ourselves the next question.... How many trades should I backtest in Forex? (or  any other market). In this podcast I go over my opinion on how many  trades you should log when backtesting Forex but also why its hard to give a cookie cutter answer to this question because not all Forex traders are the same.

IG:  RaymondLJeffries. Youtube: Raymond Jeffries

In this podcast I go over some of the importance of consistency not only  in trading but in life in general. Being consistent is one of the most  important things I have learned to be and do in my trading journey. It  has shaped me to the Forex trader I am today. Its something that is not  shared as important when we begin to learn to trade but its more  important than many know.

IG:  RaymondLJeffries. Youtube: Raymond Jeffries

In this podcast I go over some of the different ways to start learning  how to trade Forex or trade in general. From my past experience there  are three main ways to start your learning and it is Videos (via YouTube  & Webinars), Books, and Mentor-ships. Each has their pros and cons  and I kind wanted to touch on this in this podcast.

IG:  RaymondLJeffries. Youtube: Raymond Jeffries

In this podcast I go my opinion on if there is a "Best" Trading  Indicator out there in trading and technical analysis. I think the  problem is as new traders we are on an endless search for that magic  indicator or magic strategy that we get away from whats most  important.... that is the SKILL of reading price.

IG:  RaymondLJeffries. Youtube: Raymond Jeffries

In this podcast I go my opinion on if you need a trading mentor or not. I  go over the pros vs cons of having a trading mentor and the trading for  having and not having a trading mentor. There are so many scammers out  there it makes people hesitant to find a mentor but there are truly very  good trading mentor out there but you have to find the right fit with  your personality and that of the mentor.

IG:  RaymondLJeffries. Youtube: Raymond Jeffries

Hey  everyone! In this podcast I go over how Comparing yourself to other traders can  hinder your growth and actually be discouraging. It is this comparing  that takes away from your journey and accomplishments because you are  never who you compare yourself too.

IG:  RaymondLJeffries. Youtube: Raymond Jeffries

Hey everyone! Its been a slow week for me so far this past week and what can I say... Trading has been boring. Boring in a great way though because the old me would have been forcing trades but the older wiser me knows that there are no trades in my plan therefore I don't trade. So when times like this come around I truly see how learning to trade has changed me with making me patient and learning a lot  about myself in developing other skills in my life. In this episode I go over this topic.

IG:  RaymondLJeffries. Youtube: Raymond Jeffries

Hey  everyone!Its a holiday weekend here in the states and I go over the fact that it is okay to just take a day off. I am unsure how many people out there are like myself because I feel almost a stress when I am not working, testing, charting, or just spending time doing something. I feel like it was time wasted. I am slowly realizing and coming to terms that it is okay to take a day off for my mental health and I will come back rejuvenated. In this episode I go over this topic.

IG:  RaymondLJeffries. Youtube: Raymond L Jeffries