Advertise on podcast: Forex Trading Q/A podcast

In this podcast episode, we talk about whether you should scale in trades or position as a trader or not. Scaling in forex trades can be a tricky subject in itself and can be a call for disaster if not done right and can be equally true for the opposite, it's all in how you implement it. If done correctly it can be worth doing.

In this podcast episode show, we talk about how you should pick a trading broker specifically forex in this case. What are factors to consider when picking a broker because as traders we approach the market differently and even when it comes to brokers we have to use different brokers for certain factors? Broker mentions for swing traders XM: https://www.xm.com/referral?token=bNGQpuDiopgj5or5AcVcyg Second suggestions Eaglefx: https://www.eaglefx.com/?cmp=2e8j1y5e&refid=6222&utm_source=partner&utm_campaign=6222

In this episode, we are diving deep into the brokerage side of trading and investing, and discuss a little bit about which broker is perfect for each individual. But a criticize that point of view as the is a direct correlation between which broker you are using to your trading profitability.

In this podcast episode, we dive deep and talk about the most common question, well maybe not a common but important question to ask - How many trades should you open at once on a certain portfolio.

In today's episode, we talk about how much trading capital should one have at their own exposure when looking to start Trading. Trading is a very complicated and difficult industry but can be a great long-term investment as you know each investment needs a starting capital Trading is not any different from the other as in itself it's a business.

Forex losing streaks are a very common scenario that we as traders, not just forex traders but crypto and stock traders experience or a recession if you will. One can experience it at any time but be prepared when it comes because it will come one way or the other. When it comes it can really mess up with your overall trading psychology which is really detrimental to the future of your trading.

Prop-Firm Or Proprietary trading is a firm/company which funds traders with money as a lack of capital in itself can lead to a downfall in forex trading. Without enough trading funds, you cant go full-time. As time goes by now there are a lot of prop-firms more than 10 companies waiting to fund traders up to 1 million some even 2 million dollars. As always do your own due diligence research as investing does come with a risk. Link to the suggested prop firms FTMO: https://ftmo.com/en/?affiliates=3127MFF: https://myforexfunds.com/?wpam_id=1818

Being Profitable is probably one of the difficult things to attain only a select few get it right. As the stats say 90%+ of retail traders lose money where there was introduced the 90-90-90 rule,  90% of traders lose 90% of their capital in the first 90 days.

Market Manipulation is a term that came up with retail traders as they think large funds, banks hedge are looking or hunting their stop losses just to be logical there is bigger fish to fry. The concept itself is a great sales point and works well as a marketing term.

Often times we as traders look for things that keep our emotions safe when we feel threatened we look for social validation is not any different in real life. Elliott  Wave Theory is a trading method used to identify repeating price moves the approach to Elliott Wave is a bit complex the are levels that are considered to be invalidation once price bridges these levels we recount everything which in itself can keep us blind as the methods is never wrong or questioned but the one who is implementing it but it all makes logical sense we are not machines so we can be wrong no method is 100% as markets are constantly evolving.

In this podcast episode we dive deep and talk about whether we should use fundamental analysis or no, short answer no long answer it all depends on how you want to take it when I say no I'm not saying we completely ignore it we do need to keep tabs on the Economic calendar as those invents happen on the daily basis. We are short-term traders things like presidential tweets what are we gonna do about that as markets would have already reacted to it by the time we know about it so pick wisely what you focus on.

In this podcast episode is a segment from one of the famous trader Mark Douglas where he discusses more about traders' psychology.