Truth About Fx

What’s the best way to know your broker? In this episode of Truth About FX, Walter digs into the most common red flags forex traders should avoid. He gives some useful hints on where to look for the “best” brokers — and the reason why they stay at certain places — and how do you... The post EP149: Which Red Flags Should You Avoid appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter gives light on the importance of backtesting… But what if you don’t have enough data? He talks on why statistics is important and how this can help you see results even if you don’t have enough data. According to Walter, it all boils down to being confident... The post EP148: Why Is Backtesting Important? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about the Psychology of Trading and overcoming fear. Why is it important to have confidence in your trading and how can you overcome this barrier? He lets out some insider notes on how you can buildup your confidence and make this your trading edge. Download (Duration: 04:18... The post EP147: How Do You Build Your Confidence? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter dives into price action and drawing support and resistant lines correctly. He talks about scalping. And did you know that there’s a simple way of identifying support and resistant zones? Download (Duration: 07:34 / 8.7 MB) In This Episode: 00:29 – losing more 02:03 – focus 03:12 –... The post EP146: How To Draw Support And Resistance Lines Correctly? appeared first on Truth About Forex Trading Podcast.

Do you know what type of trader are you? In this episode of Truth About FX, Walter dives into creating your own strategies and why copying from the “gurus” might be your biggest mistake. He digs into understanding your risk profile, the Cycle of Doom, and building up your confidence. Download (Duration: 07:34 / 8.7 MB)... The post EP145: Should You Copy The Gurus? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter tackles one of the biggest trading barriers: financial disadvantage. Should finding good trading resources be expensive? According to Walter, it shouldn’t be… Actually, the best trading education is available for FREE. He also talks about some useful tips that will help you set your risk per trade... The post EP144: The Key To Trading Success appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into the psychology on why demo trading is more profitable than live accounts. He shares how “desensitizing” yourself can help you overcome your trading fears…And how keeping a journal can bring you one step closer into correctly executing your trades and bringing in the profits. Download (Duration:... The post EP143: Why Is Paper Trading More “Profitable”? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about the impulse control and the psychology of overcoming this trading barrier. He shares some cognitive tricks that can help you work on your trading impulses. He also lets some other tricks off his sleeves on how you can work around your trading discipline and manage... The post EP142: How to Control Your Impulses appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about the impulse control and the psychology of overcoming this trading barrier. He shares some cognitive tricks that can help you work on your trading impulses. He also lets some other tricks off his sleeves on how you can work around your trading discipline and manage... The post EP141: Overcoming The Lack Of Discipline appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter unravels the secret of how to become a profitable swing trader and the advantages of being in a drawdown. He also points out the importance of using trade simulators and some useful books to guide you in becoming a profitable trader and finding your own strategy based... The post EP140: How to Become A Successful Swing Trader appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into every trader’s biggest barrier, looking for perfect results. Walter talks about risk parameters and how testing your system in forex tester can really show some difference in terms of drawdowns. He also answers: Is it really okay to have more than one system? What should... The post EP139: Is it Possible to Find a Trading Holy Grail? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into finding the right strategy based on your account size and maximizing your profits. He unravels Ralph Vince’s principle and the best way to use this depending on your rules and goals. And, what is this critical piece that every trader should keep in mind when... The post EP138: How to Trade Optimal F appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about one of the biggest walls in trading: how to get consistent profits. Walter recommends building confidence by backtesting different strategies. And the most important thing you should probably ask yourself: “Why am I changing my strategy?” According to him, following your rules is more important... The post EP137: How to Trade Consistently appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about probably one of the biggest myths in trading: that you’re going to “perfect” your trading once you quit your job. Walter shares his personal experience on this and his take on whether or not this would actually help you step up your game. According to... The post EP136: Should You Quit Your Full-Time Job to Trade Forex? appeared first on Truth About Forex Trading Podcast.

In this second part of The London Conference Podcast, Walter and Hugh break down Raul’s presentation and how he got his dream trading job. You will also learn about “The Professor” and how his very simple psychology technique and algorithm helped him get into working for this ginormous hedge fund. Another talented presenter is Alex... The post EP135: The London Conference (Part 2 of 2) appeared first on Truth About Forex Trading Podcast.

In this special episode of Truth About FX, Walter talks about the London Conference, its presenters, and the topics they discussed during the event. Hugh shares his experience as well as a presenter and attendee. They dig into interesting issues and concepts such as trading psychology and the different perspective each presenter shared during the... The post EP134: The London Conference (Part 1 of 2) appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter sheds light on the things that traders should keep their eyes on when dealing with brokers. He shares some notes and resources about offshore brokers — including the dodgy ones — and some key insights about leverage and red flags. Download (Duration: 07:16 / 8.31 MB) In This... The post EP133: Most Common Broker Red Flags You Should Avoid appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into building your trading consistency by focusing on your execution. According to him, one of the biggest bumps most traders come across with is having the wrong mindset. Download (Duration: 02:24 / 2.76 MB) In This Episode: 00:27 – one word 01:05 – execution 01:54 – a... The post EP132: What’s the Best Way to Build Consistency? appeared first on Truth About Forex Trading Podcast.

Are you under capitalized or time-poor, but want to succeed in trading? In this episode of Truth About FX, Walter reveals tricks for traders who don’t have much risk capital or have a hard time juggling work and trading. Perhaps you are a student but want to get into trading. According to Walter, there’s a... The post EP131: Best Trading Strategy for Undercapitalized Traders appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into probably one of the biggest mistake even professional traders make. Are mistakes made because of worrying about entering in the right direction or the inherent human need to always make the right decisions? Walter shares some sharp points on proper execution and avoid placing your... The post EP130: The Need to be “Right” appeared first on Truth About Forex Trading Podcast.