Truth About Fx

In this episode of Truth About FX, Walter gives some juicy tips on how to minimize eye strain from looking at computers, laptops, and other gadgets for too long. He points out that while having a strong “dedication” towards monitoring the charts is a good sign, having a healthy body is still the best way... The post EP65: How to Minimize Eye Strain During Trading appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about ways to reap profits even if you only have one successful trade in a month. He also talks about the human psychology about what holds you back from trying to take on other markets and exploring other options. Download (Duration: 05:24 / 6.18 MB) In This Episode:... The post EP64: How to profit from a single trade a month? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter digs into trading style — and whether or not he identifies himself as a long term breakout trader. He also talks about catching that elusive Kangaroo Tail and Big Shadow and should you stack the odds. You’ll also learn in this podcast when is the “right time”... The post EP63: Do You Risk More? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about getting a good health insurance and why it is important. According to him, it is essential to keep yourself prepared — whether from shark attacks while surfing. Likewise, it is imperative to equip your trading system and yourself. Download (Duration: 03:21 / 3.84 MB) In This Episode:... The post EP62: What Do You Do About Health Insurance? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about testing multiple markets or multiple timeframes at the same time in a forex tester. According to his experience, there are a number of set-backs you could get from doing this. Walter also gives a reliable and simple tip a realistic equity curve that you could... The post EP61: Do You Ever Test Multiple Markets? appeared first on Truth About Forex Trading Podcast.

How do you trade? How do you know when a lot of volumes come in? In this episode of Truth About FX, Walter gives insider tips on the best method to find your trade’s momentum. He also talks about market movements, indicators, and shares an important tip: look at your candles and observe their pattern.... The post EP60: Most Effective Way to find Momentum appeared first on Truth About Forex Trading Podcast.

In this episode, Walter digs into the subject of exploiting market points and increasing positions. He gives some insider info on how you can build and create your own approach and define your trend. Walter also talks about having the right mindset. Who are you as trader? Download (Duration: 05:27 / 6.24 MB) In This Episode:... The post EP59: Ever Exploited The Market Points? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter opens up the “secret” of his daily trading routine and the reason why he doesn’t trade on certain days. According to him, your routine should be in sync with your lifestyle and trading system. Would you rather stay awake all night and lose sleep for a trade... The post EP58: The Daily Trading Routine of a Pro Forex Trader appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about why you should — or should not — change your rules based on strategy. Is the market or are you just evolving as a trader? Walter advices against adding too many filters and over-complicating your systems. You will also learn here a unique method called... The post EP57: Should I Change The Rules? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about trade retouches and breakouts, and moving into different timeframes depending on your goals. Do you want to see a breakout on the daily? Do you feel like you’re missing out on your current trades? You will also learn here a unique method called the “Acapulco... The post EP56: Why Wait for Retouches and Breakouts? appeared first on Truth About Forex Trading Podcast.

Is the market bend strong enough to scream at you to take it? In this episode of Truth About FX, Walter gives some insider information on the best and easiest way to see support and resistance zones. He describes three important keys on catching support and resistance zones and choosing which candle to use. Download (Duration:... The post EP55: Best Way to Draw Support and Resistance appeared first on Truth About Forex Trading Podcast.

In this episode, Walter leans on the topic about the downsides of using backtesting and some of the common mistakes of using this method. He also gives some useful insider tips when backtesting to get the best and accurate data possible. But, does having this number of computer screens actually contribute a tremendous amount to... The post EP54: What are the Downsides of Backtesting? appeared first on Truth About Forex Trading Podcast.

In this episode, Walter gives light to a common and, yet, one of the most important trading-related questions: how many monitors should you have? According to him, you should get as much as you see fit that can accommodate your needs. But, does having this number of computer screens actually contribute a tremendous amount to... The post EP53: How Many Monitors Should I Have? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about his favorite trading strategy. He characterizes the “Big Shadow”, trade, retracement entries and candle formations. According to him, it’s not the issue of having a “favorite” strategy but rather whether your strategy fits your personality and the markets that you’re trading. Download (Duration: 02:23 / 2.73... The post EP52: All Time Favorite Trading Strategy appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter drops off some useful tips for “rookie” traders on market approach, patterns, and finding the perfect system that speaks of who you are as a trader, your beliefs and lifestyle. Walter also shares an interesting read that may shock you. In this episode of Truth About FX,... The post EP51: A Piece of Advice for Starters appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter bring up the topic about what might become of forex trading in the future in terms of technology, government regulations, and education transparency. He takes a quick backtrack on what forex trading was like back in 2000s when people were selling systems and how brokers made money... The post EP50: What is the Future of Forex Trading? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about the reason why winning trades take time while losing trades are faster at hitting the stop loss. According to Walter, it generally depends on your trading style and psychology. He also shares some useful points to get yourself away from over-analyzing and taking profits too... The post EP49: Why Winners are Slow and Losers are Quick appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter pulls down the curtain on the subject of switching to lower timeframes to get more trades. According to him, there are three basic reasons: science, your broker, and lifestyle. Walter also touches on “addiction mindset” and the real psychology behind the theory. Download (Duration: 7:03 / 8.08 MB) In... The post EP48: Should You Shift to Lower Timeframes to Get More Trades? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter pulls down the curtain on the subject of focusing on win rates versus measuring a trade’s precise risk. According to him, it is highly important to backtest using a precise risk per trade. Otherwise, centering on win rates might shadow a good system that you actually have.... The post EP47: Win Rate vs Risk per Trade: Which one? appeared first on Truth About Forex Trading Podcast.

Would you trade the same idea twice? In this episode of Truth About FX, Walter digs into the subject of trading ideas, signals and execution. He asks an important question when deciding which road to take: Is this according to my beliefs? Have I tested this with my system? Walter also talks about an essential... The post EP46: Would You Trade an Idea? appeared first on Truth About Forex Trading Podcast.