Let’s Talk Forex with Alison and Chris

By FxScoutsBusiness Entrepreneurship Investing

Let’s Talk Forex with Alison and Chris episodes

September 16, 2025145. Prop Firms 2025: How To Pass The Challenge & Actually Get Paid
Prop trading firms are everywhere in 2025—but can you actually pass the challenge and collect a payout? In this Let’s Talk Forex video podcast, Alison and Chris break down prop firms in plain language: funded account rules, the 3–1–1 risk plan to improve your pass rate, KYC and payout pitfalls, one-step vs two-step challenges, trailing vs static drawdown, and whether a futures or forex prop path fits you. If you are searching for “best prop firms 2025,” “how to pass a prop firm challenge,” or “forex prop firms South Africa,” this episode gives you the rulebook and routine you need to trade cleanly and get paid.
What you will learn:
What a prop firm is, how profit splits work, and why risk management rules matter.
The core rule set in 2025: daily loss limit, max drawdown, news rules, consistency, and banned strategies.
The 3–1–1 plan: set the stop first, risk 0.25%–0.5% per trade, and stop for the day at −1%.
A simple pre-trade checklist and one-line post-trade journal to keep you consistent.
Payouts and KYC: how to match documents and avoid rejected withdrawals.
One-step vs two-step challenges; trailing vs static drawdown—and how each changes your risk.
Futures vs forex prop firms: schedules, costs, and which suits your lifestyle.
Regulatory risks and recent headlines, plus practical record-keeping and tax reminders.
Enjoy the audio or watch the full video here if you prefer: https://youtu.be/w8Cj3aCA2tc
FxScouts Disclaimer:
Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
15 min
September 09, 2025144. Why Most Forex Traders Lose (It’s Psychology, Not Strategy)
Most traders do not fail because their systems are bad—they fail because they cannot execute consistently. In this episode of Let’s Talk Forex, Alison and Chris unpack trading psychology, overconfidence, and discipline, showing why your behaviour—not your indicators—usually decides your P/L.
What you will learn:
The myth of the “perfect” strategy and why consistent execution beats brilliance done badly.
The emotions that sabotage traders: fear, greed, FOMO, and the revenge-trading loop—and how to break them.
Overconfidence after hot streaks: size creep, widening stops, and “anticipating” entries.
Practical discipline: a pre-trade checklist, fixed risk rules, daily loss limits, and process metrics that actually improve results.
A simple case study (Trader A vs Trader B) that proves the system wasn’t the problem.
A one-week discipline sprint to tighten your process fast.
Who this is for: Day traders, swing traders, and Forex/CFD traders who want steadier results through better execution, not new indicators.
If this helped, share it with one trader who needs to hear it, and subscribe for more clear, practical trading insights.

You can also watch the YouTube video here: https://www.youtube.com/watch?v=QU5hWzZQb1g

FxScouts Disclaimer:
Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
18 min
September 02, 2025143. Forex Trading Myths EXPOSED: The Truth Every Trader Must Know
Think Forex is all about finding the perfect strategy, getting rich overnight, or that anyone can do it? Think again.
In this episode of Let’s Talk Forex, Alison and Chris bust the biggest myths that keep traders stuck, frustrated, or losing money. From the truth about strategy and psychology, to why risk management matters more than flashy setups, this is the real talk every trader needs to hear. What you’ll learn in this episode:
Why strategy is only 20% of the game (and psychology is the other 80%)
Why not everyone is cut out for trading—and how to know if you are
The reality behind “easy money” promises in Forex
How proper risk management keeps you in the game long enough to win
Whether you’re a beginner or already trading, this episode will help you see Forex for what it really is—and what it takes to succeed.

If you prefer to watch rather than listen, you can (as always) find the episode on YouTube as well: https://youtu.be/FIowqtLDFAU

FxScouts Disclaimer:
Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
10 min
August 26, 2025 142. Essential Tools For a Forex Trader
Success in trading isn’t just about charts and platforms, it’s about having the complete toolkit. In this episode of Let’s Talk Forex, Alison and Chris break down the essential tools every trader needs to thrive. From mastering the right mindset and building a solid education, to using backtesting, risk management strategies, trading journals, and reliable news sources, we cover it all. Whether you’re just starting out or sharpening your edge as a seasoned trader, this episode will help you structure your toolkit for long-term success in the markets.
Watch the YouTube video here: https://youtu.be/YBGfkDgSdaw
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.
18 min
August 19, 2025 141. Is AI the Future of Forex Trading? How Traders Can Use AI Right Now
Artificial Intelligence isn’t just hype anymore—it’s already reshaping the way traders approach the markets. In this episode of Let’s Talk Forex, Alison and Chris dive into how AI is being used in Forex trading today, from analysing price ranges and validating strategies to journaling emotional patterns and improving discipline. Discover real-world use cases, the pitfalls to avoid, and why traders who start using AI now—at any level—will have the edge. Whether you’re just getting started or already deep in the markets, this discussion will show you how to make AI your most powerful trading assistant.
If you prefer video format, you can watch this episode on YouTube here: https://youtu.be/jpfhEj_yNaM
And don't forget to check out FxScouts.com to find anything and everything you need to know about Forex trading and Forex brokers.
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.
15 min
July 30, 2025Bonus: We’re Going Live on YouTube This Friday (Don't Miss It!)
We’re between seasons, but we couldn’t stay away…
Join Alison & Chris LIVE on YouTube this Friday at 16:00 CET for a special Market Recap covering:
Earnings from the Magnificent Seven (Meta, Amazon, Apple, Microsoft & more)
The FOMC decision and what it really means for traders
Inflation data, job numbers, and the big one: NFP on Friday
This one won’t be on the podcast — it’s a live video stream.
Set a reminder and watch here: https://www.youtube.com/live/LaXJUxKRJWI
See you Friday!
1 min
June 24, 2025 140. Learn From the Greats: Timeless Strategies from History’s Top Traders
What do a Wall Street philosopher, a billionaire hedge fund manager, and a tape-reading legend have in common? In this episode of Let’s Talk Forex, Alison and Chris uncover the incredible true stories behind three of the most influential traders in history: Richard Wyckoff, Paul Tudor Jones, and Jesse Livermore. Discover how Wyckoff decoded market psychology, how Tudor Jones turned a hangover into hedge fund greatness, and how Livermore made (and lost) fortunes by following trends. Packed with timeless trading wisdom, and personal lessons, this episode is perfect for anyone interested in forex, trading history, investing strategy, and the minds behind the markets.
You can also watch the episode here: https://youtu.be/8-9grqfNaU8
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.
19 min
June 17, 2025139. Minor & Exotic Forex Pairs: Worth It or Too Risky?
Are minor and exotic Forex pairs the overlooked goldmine of trading—or a fast track to blown accounts?
In this episode of Let’s Talk Forex, Alison and Chris dive deep into the world beyond EUR/USD and GBP/USD. From USD/ZAR to EUR/TRY, learn what sets minor and exotic pairs apart, why volatility lovers are drawn to them, and the serious risks you need to manage.

What you’ll learn in this episode:
The difference between major, minor, and exotic pairs
Why some traders seek out exotic volatility
Real-world examples like the Turkish Lira and Mexican Peso
Slippage, spreads, swap fees—and how they can crush your edge
Tips for trading local news events and managing wild price swings
When to choose majors vs. when to explore exotics
Proven risk management techniques tailored for high-volatility pairs
Whether you're looking to diversify or just curious about these lesser-known pairs, this episode delivers practical tips and hard-earned wisdom.
Subscribe for more Forex insights from Let's Talk Forex at FxScouts

You can also watch the full video on YouTube here: https://youtu.be/KQW_ZtYjX1Y

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.
14 min
June 10, 2025 138. Forex Beginners: 7 Things To Know First
Alison and Chris share the 7 key lessons they wish they'd known when they first started trading. They dive into critical insights like how managing risk matters more than being right, why demo trading is crucial for discipline, and how focusing on just a few pairs can lead to better results.Whether you're new to Forex or looking to refine your strategy, these practical tips will help you avoid common pitfalls and build a stronger trading foundation. Tune in for advice that can set you up for long-term success in the market.
Watch the full video on YouTube: https://youtu.be/YkyPbC31XrE

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.
17 min
June 03, 2025137. Mastering Moving Averages For Forex: 3 Simple Strategies That Actually Work
Want to use moving averages like a pro? In this episode of Let’s Talk Forex, Alison and Chris break down 3 simple but powerful trading strategies using moving averages — perfect for both beginner and intermediate Forex traders.

You can also watch the podcast on YouTube here: https://youtu.be/wvHf1fKh4ik

What You’ll Learn:
What are moving averages (SMA vs EMA) and how they work
Why professional traders rely on moving averages to define trend and structure
How to use the 20 EMA pullback strategy for precise entries
The moving average crossover strategy to capture trend shifts
How to trail your stop-loss with a moving average
Trade filtering techniques using short and long-term MAs like the 200-day SMA
Whether you’re day trading, swing trading, or just trying to find a smarter way to trade trends — this episode gives you practical tools you can apply immediately.
Key strategies covered:
20 EMA pullback entry
20/50 EMA crossover confirmation
Using moving averages as dynamic support and resistance
Filtering trades with the 5-day and 200-day MA
Simple, practical, and proven — these strategies help you avoid low-quality trades and stay on the right side of the market.

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.
12 min