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For our very special eleventh episode we will touch base on a subject that pretty much all beginners would like to know more about. How do you trade without emotions?
Rob Colville has been tagged as “London’s laziest Trader”. With his humorous yet direct style of teaching, clients are in for a big surprise when he handles mentorship. Let’s find out how he started out and thrive in this industry which proved to be quite challenging for a lot of people.
We all know how risky investments can be. As with any business, your potential to earn will always co-exist with a potential to lose. Same thing applies when you decide to participate in the markets. In Forex, you are playing with real money, and it is always possible that a trade will turn against you. So with that scenario in mind, is getting involved with forex trading worth it?
Do you know the biggest challenge to becoming Consistently Profitable? Listen to this interview to find out...
Today I have the pleasure of welcoming Rob Booker to the show. Rob is a currency trader with over 15 years of experience trading Forex. He hosts "The Traders Podcast" on iTunes and is the author of Adventures of a Currency Trader.
Winning and losing are 2 aspects of Forex trading. You cannot have one without the other. We will always have losing trades, no matter how good we are. However, sometimes in an effort to get unrealistic returns, we put ourselves in a position to take huge losses. Is this really worthwhile?
1:02 Why is it NOT worthwhile
· BIG loses go beyond the monetary loss.
2:53 Loss of Perspective
4:37 The Psychological Effect of Losing Trades
5:30 Recommendations that will help you get over your losses
An in-depth understanding of the market, discipline and consistency are some of the key components for trading success. But how do you develop these?
It is my pleasure to chat with Chris Lori on this show who shares some golden nuggets on how to develop as a trader and the importance of having a trading Development Plan. Listen to the show to see how you can come up with one yourself.
Chris is a registered CTA and a Fund Manager. He has over 16 years of experience in trading Forex. Prior to his trading career, Chris was a decorated Olympian in the sport of bobsledding with 9 Crystal Globes, 22 world cup medals and an overall World cup title to his name.
Trading is an exciting journey. However, there are some mistakes most novice traders make. In this episode, we discuss 5 such mistakes and what you can do to overcome them so you get off to the right start.
All traders aim to be consistently profitable. However, in order to get to that next level, we need more than just internet-based resources and “free” online tutorials. The need for mentorship and professional coaching has proven its worth time and time again: as exemplified by Giuseppe’s case. Giuseppe is a seasoned trader, researcher and a certified technical analyst. Hang on as we talk about the defining moments and the most unforgettable life incidences that made him the seasoned pro that he is today.
There are multiple strategies to trade Forex. However, there is one common thread that runs throughout all Forex trading and that it to do with the mindset. Regardless of what trading strategy you use, to be a profitable Forex trader, you need a Winning mindset. In today's show we'll talk about what it takes to develop a Winning mindset for Trading. You'll learn specific steps you can take to start thinking like a winner and how to apply these principles to your Forex trading.
There is more to Forex trading than just analyzing the charts. Doesn't matter whether you are a short term or a long term trader, if you don't have the right mindset, you'll not get the results you want. Today, I'm happy to welcome Chris Capre from 2ndSkiesForex. Chris is a Buddhist, Trader and a Philanthropist. He joins us today to share his Forex journey and some great insights us on becoming a successful Forex trader.
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