Truth About Fx

In this episode of Truth About FX, Walter talks about trading strategies and the key factors to look at when making your own strategy. What are your goals? What are the thing that you should avoid? You will also hear about one of the forum’s member, David Franklin, and his unique trading strategy and how... The post EP85: Favorite Trading or Scalping Strategies appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into backtesting and the possible answer to this question: does it matter when the charts close? According to him, it all boils down to what you’re really looking for in your trading. What are your goals? Does your current timeframe fit with your habits as a... The post EP84: Does It Matter When The Charts Close? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about the key points when looking at trend entries — and even exits.What kind of system are you trading? Which timeframe suits your lifestyle? He also talks at the different opens and how each one differs from another. Download (Duration: 02:34 / 2.94 MB) In This Episode: 00:32... The post EP83: When is The Best time to Enter a Trade? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter gives insights about trend systems and some of the key factors to look at when studying historical data. How far should you go back when looking at track records? What are the important things to take note when looking at trading systems? Download (Duration: 04:21 / 4.98 MB) In... The post EP82: Copy Successful Forex Traders: How Long of a Track Record? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter goes dip into live trading experience and execution. Whn do you say that you’re ready to trade the real thing? Walter also shares what keeps his trading excitement burning and how he tackles those lonely times when the markets are asleep. Download (Duration: 07:02 / 8.04 MB) In This... The post EP81: How To Gain Experience Through Live Trading appeared first on Truth About Forex Trading Podcast.

In this episode of Truth Abou FX, Walter unlocks a door on the best way to increase returns and trade consistently. Are you looking at the whole picture instead of just the tiny pieces? Walter also drops off some important methods on how to avoid dradowns in this episode… You will also find here the... The post EP80: How To Increase Your Returns appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into micro trading, risk management, and how to avoid intra-day trading. According to him, finding the right broker is the first step to finding the right system. Is your broker giving you some flexibility with your account? You will also find here the best place to... The post EP79: How To Avoid Intra-day Trading appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into achieving that winning mindset, building your trading confidence, and achieving that “dream” win rate. Can you really make those dynamic win rates work for you? Download (Duration: 05:26 / 6.21 MB) In This Episode: 00:40 – unpredictable 01:50 – big deal 03:14 – bump up 04:50 –... The post EP78: How To Profit Using Different Win Rates appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter dissects trading consistency, execution, and the psychology of a winning mindset. According, although books can greatly help you achieve success, a new and a much more scientific solution can help you manage higher timeframe charts. And, did you know that wearing a “unique” headband can actually help... The post EP77: How to Develop a Winning Trading Mindset appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter dives into the question of how to use price action trading with forex binaries… as a newbie. He gives some few choice books to help you with patterns and charts and Hugh’s go-to book for options. You will also learn here about this famous “Three Soldiers” and... The post EP76: A Quick Guide To Applying Forex Binaries appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter dives into having the right mindset and a clear trading game plan. He talks about how to use key indicators for those who identify themselves as price action traders. And did you also know that getting yourself bored can help you make better trading decisions? Find out... The post EP75: Creating Your Trading Game Plan appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into the subject of trading without using indicators. And, what are the best ways to go about this? He also talks about the pros and cons of using indicators, and how this affects your psychology. Also, did you know that there are three types of traders?... The post EP74: How to Trade Forex Without Indicators appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into testing trading strategies and just how important it is to carefully manage your exits. He shares his three basic process on how to crack the confidence shell and be able to trust your system when you choose to go live. Hugh also shares some useful... The post EP73: How to Build Trading Confidence? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into the advantages and disadvantages between swing trading and day trading. According to him, the success of your trades — and whether you use a broker or not — depends on the movement of the market and when your trades are placed and executed. You will... The post EP72: Benefits and Risks of Swing Trading vs Day Trading appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into timeframes and risk limits. According to him, your risk limits should depend on the timeframe that you are trading. You will also find here a calculator that can greatly hel you in setting your parameters. Download (Duration: 03:06 / 3.56 MB) In This Episode: 00:33 – in... The post EP71: Setting Up Your Risk Limits appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about catching kangaroos and big shadows. According to Walter, there are different ways but it should always depend on your lifestyle and where you live. He also talks about flagging currency pairs and keeping sticky notes with you. Download (Duration: 06:42/ 7.67 MB) In This Episode: 00:41 –... The post EP70: How to Choose the Right Timeframe for Forex Trading appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into the subject of counter trend trading and different between counter trend and trend traders. And, how do you find out which one are you? According to him, each traders differs based on their style and beliefs. Download (Duration: 03:52/ 4.43 MB) In This Episode: 00:40 –... The post EP69: Are Trend Traders Mostly Counter Trend Traders? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into trading distractions and how to get away from them. He advices on focusing on what you want to achieve and creating your own trading rules. You will also find here an interesting MP3 that can help you trade in the right mindset. Download (Duration: 04:03 / 4.63 MB)... The post EP68: Trading Distractions and How to Reduce Them appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about the art and science of trading. Should you stick to what your system’s rules or should you go with your instinct? Walter suggests a little of both. He talks about “conscientiousness” and how knowing this can affect the way you approach trading. Download (Duration: 03:43 / 4.25 MB)... The post EP67: Is Trading an Art or Science? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into the topic of hitting a drawdown and what you should do — or shouldn’t do — when the inevitable happens. He gives some useful points on risk reduction, trade exits, and what to do when you’re getting at a confidence downhill. You will also learn... The post EP66: What to Do When Your Live Trading Does Not Match Your Backtesting appeared first on Truth About Forex Trading Podcast.