Truth About Fx

How do you know if something is working out the way you want it to be? In this episode of Truth About FX, Walter digs into the enticing appeal of using automated trading robot and if you should or should not really use it. He talks about important factors that you should consider when making... The post EP45: Should I use a Trading Robot? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about taking market signals, patterns, and the two important scenarios that you should examine when considering if you should or should not call it a day. Walter also shares a good spot in determining a “range-bound market” versus a trending market and the different candle behaviors... The post EP44: When Should I Ignore a Trading Signal? appeared first on Truth About Forex Trading Podcast.

Do you ever ask yourself will the market go how far? Will it turn around and go against me? If so, what will you do when it does? In this episode of Truth About FX, Walter delves into the area of market levels, chart patterns, and the different exit methods that might suit you depending... The post EP43: How to Place Profit Target appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about the Asian Drift, what it is, what it means to traders, and how you can look at it in a favorable way. He gives useful tips about setting boundaries and how the Asian market can actually set your day right. Download (Duration: 03:14 / 3.71 MB) In... The post EP42: What’s Asian Drift in Forex Trading? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter dig into the topic of stop loss and if you should — or should not — wait for it to be hit before deciding your trade’s fate. According to him, it is important to ask yourself: is there a reason for the market to turn around at... The post EP41: Is it Worth to Wait for Stop Loss? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter touch on the topic of trading and socialization, trading tribes, and why it is important to have a balanced and healthy life outside of trading. He delves into the advantages of finding the right persons to hang-out with and the unusual but otherwise helpful things we can... The post EP40: Why You Need a Life Outside Trading appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter gives points on taking down barriers that hinders you from becoming a successful trader. He suggests some handy tools on how to take down these psychological walls, the importance of identifying your beliefs, and how your perception of others can affect your decisions. Download (Duration: 07:05 / 8.11 MB)... The post EP39: How to Overcome Barriers appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter delves into the topic of using fundamental analysis versus technical analysis in terms of analyzing market movements. Walter also taps into one of the most common errors newbie traders make when it comes to using fundamentals in trading. He also touches the several advantages of using technical... The post EP38: Should You Use Fundamental or Technical Analysis? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about a common trap most traders fall into while sitting in front of the computer. He indulge into trading addiction, its consequences, and how it can lead into serious trading mistakes. Walter delve into his knowledge of trading psychology and how this can be solved by... The post EP37: How to Stay on Track appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter takes you to the core of leverage: what it is and how it really works. He talks about the difference between stock trading and forex trading and the use of leverage on both types of tradings. You will also learn here how you can “fire up” an... The post EP36: Trading Leverage and How to Use It Properly appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about free forex educational resources. He suggests a book good book for those who have only started trading and wants to learn the psychology behind it. He also named a website that new traders can visit for instructional trading, especially those who are interested in price... The post EP35: Best Free Forex Education Resource? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter discuss about Sharia Laws. He talks about the tricky things that you could get using this system and how some brokers have taken this to their advantage. Download (Duration: 02:41 / 3.08 MB) In This Episode: 00:33 – Sharia Laws 01:42 – holding fee 02:12 – interest rate difference... The post EP34: What is “Islamic Forex Trading”? appeared first on Truth About Forex Trading Podcast.

Sometimes, we easily get lured into believing something out of rumors. Or, you have too much money and you just trade based on what others believe to be a good trend. In this episode of Truth About FX, Walter discusses the fundamental analysis and the rationale behind the decision on whether you should or should... The post EP33: Is it Worth Trading IQD/VND? appeared first on Truth About Forex Trading Podcast.

Sometimes, you want to catch a trade badly that you stay up even late at night. It’s a really good trade and you don’t want to miss it, but is it good for you? In this episode of Truth About FX, Walter talks about the importance of having a sound mind and healthy body, especially... The post EP32: Sleep vs Trade: Which is More Important? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about choosing the right time frame to trade and the factors that you should consider. According to Walter, you should always consider your lifestyle when choosing a time frame and ask yourself “does it fit my daily schedule?”, “am I comfortable trading on this time frame?”... The post EP31: Finding the Right Time Frame appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about some of the most common mistakes forex traders make — and even the brokers agree on this. You’ll also know the importance of leverage, risk management, and how to deal with drawdowns. Hugh also shares his own mistakes and how, sometimes, you’ve got to deal... The post EP30: What are the Biggest Trading Mistakes? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter a question about the possibility of multiplying a small trading account into a million in a year. Walter explains what could be the answer to this, if it is possible or not, the dangers that might come along, and the human psychology that makes you want to try... The post EP29: Trading Strategies: Should I Copy One? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about risk management and if you should risk more for a sure trade versus a trade with unknown results. He highlights that while it is usually good to take risks, it is always better to stick within the trading discipline, especially if you are new to... The post EP28: Should I Risk More on a “Sure” Trade? appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about how to keep track of different international markets. He suggests a website that can help you know which market is open at a specific time wherever you are. It is also important to remember that while it is good to know this, it is also... The post EP27: Best Way to Track Openings appeared first on Truth About Forex Trading Podcast.

In this episode of Truth About FX, Walter talks about taking trading courses and mapping out your trading system based on how others do. Walter highlights how important it is to know and acknowledge your beliefs and psychological barriers that blocks you from becoming a successful trader and why, while it is good to get... The post EP26: Should I Copy Other Systems? appeared first on Truth About Forex Trading Podcast.