In this episode of Let's Talk Forex, we break down the brutal truth about algo trading and automated systems, and why simply automating a bad strategy just makes you lose money faster. If you’ve ever hesitated on a trade, revenge traded, or suffered from "analysis paralysis," automation sounds like the ultimate cure, but it actually just moves your psychological biases to a completely different part of your trading business.

Watch the episode on YouTube here!

FxScouts DISCLAIMER:

Is Forex arbitrage smart trading, or is it an unfair advantage?

Watch it on YouTube here!

FxScouts DISCLAIMER:

Most beginner traders struggle when the market starts moving sideways.

Watch the episode on YouTube here!

Most beginner traders hear the phrase “the trend is your friend”, but what happens when the market stops trending and starts moving sideways?

Watch the episode on YouTube here!

FxScouts DISCLAIMER:

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

Prop trading is growing fast, but what does the future really look like for traders? In this episode of Let’s Talk Forex, Alison and Chris are joined by Justin Hertzberg, CEO of FPFX Tech, to discuss the rise of retail prop trading, why brokers are entering the space, and what traders need to understand before choosing a prop firm. We cover prop firm risk, regulation, payouts, trader behaviour, AI, broker-backed prop firms, and why the industry could look very different over the next few years. If you trade with prop firms or are thinking about taking a challenge, this episode is a must.

Watch it on YouTube here!

Visit PropAccount's channel here: https://www.youtube.com/@Prop-Account Visit PropAccount's website here: https://propaccount.com/

Check out Traders Hub here: https://fxscouts.com/traders-hub/

For Forex Broker reviews and lots more: https://fxscouts.com/

For a full list of our top Prop Firm picks, read more here: https://prop.fxscouts.com/

Best prop trading firms 2026 ranked here: https://www.youtube.com/watch?v=aALZgVC94OM

Join us on our social media channels:

FxScouts on Instagram: https://www.instagram.com/fxscouts/ 

FxScouts on TikTok: https://www.tiktok.com/@fxscouts 

FxScouts on LinkedIn: https://www.linkedin.com/company/fxscouts/ 

FxScouts on Facebook: https://t.ly/CAjgH 

FxScouts DISCLAIMER:

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

Most traders are looking at candlesticks the wrong way.

Watch the episode on YouTube here. 

FxScouts DISCLAIMER:

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

Why does a Forex trading strategy suddenly stop working? At some point, every trader hits the same wall — a strategy that once delivered consistent results starts to fail. In episode 174 of Let’s Talk Forex, we break down why trading strategies stop working and what you should do when it happens.

If you’ve ever wondered whether it’s the market, your system, or your own execution, this episode will give you clarity. Because when a trading edge disappears, it’s rarely random — and rarely just bad luck.

We explore how changing market conditions, strategy saturation, and macroeconomic shifts can erode even the most reliable Forex trading strategies. You’ll also learn why overfitting your backtests and small changes in trading psychology can quietly destroy performance over time. This is not about finding a “perfect strategy.” It’s about understanding how financial markets evolve — and how successful traders adapt.

In this episode, you will learn:

FxScouts DISCLAIMER:

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

Head over to our new Prop Trading website here: https://prop.fxscouts.com/

In episode 173 of Let’s Talk Forex, Alison and Chris rank the best prop trading firms in 2026 and explain which one may suit your trading style best.

We break down the top firms, including DNA Funded, E8 Markets, FTMO, One Up Trader, Funded Trading Plus, Funding Pips, Bright Funded, and FundedNext, and cover profit splits, challenge types, flexibility, futures options, and low-cost entry points.

The episode also looks at the reality of prop trading, including drawdown rules, consistency requirements, news-trading restrictions, discipline, and why most traders fail in challenges.

If you are comparing prop firms and want a clearer view of which one is actually worth your time, this is a great place to start.

You can also watch it on our YouTube channel here!

FxScouts DISCLAIMER:

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

You’ll learn how different trading strategies perform in trending vs ranging markets, how strategy diversification can improve risk management, and why it can help reduce emotional pressure during losing streaks. We also discuss when traders should consider adding a second strategy, and how to do it without overcomplicating their trading plan. Whether you’re a beginner trader developing your first system or a more experienced trader looking to improve consistency, this episode will help you understand how to build a more flexible and resilient trading approach.

Watch it on YouTube here!

Topics covered include:

FxScouts DISCLAIMER:

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

In episode 171 of Let’s Talk Forex, we break down why most traders struggle with exits and how this one mistake can destroy your trading performance.

As always, the video version of this podcast can be found here!

FxScouts DISCLAIMER:

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.