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The Trading Lifestyle Podcast: Trading Heroes Forex Trading Blog | Pro Trader Interviews

29 Episodes

34 minutes | 2 years ago
EP30 // Behind the Scenes Look at Starting an ECN Forex Broker in Sweden with Arif Alexander Ahmad
Running a Forex brokerage is a really tough business. Oh the stories I've heard…. So why would anyone want to start one? In this episode, I sat down with Arif Ahmad, co-founder of Scandinavian Capital Markets (SCM), a ECN broker in Stockholm Sweden. As it turns out, Arif had good reasons to get into the brokerage business. As money managers, they were tired of getting pushed around by shady FX brokers. They figured that they only way to get good service was to provide it themselves. That is how SCM was born.  They are based in Stockholm, Sweden and as it turns out, there are several advantages to having a brokerage there. With many countries reducing Forex trading leverage to 30:1 or lower, it is becoming harder to find brokers that will support more highly leveraged trading. Obviously, leverage is a double-edged sword and not for the beginner. But I personally believe that traders should still have the option to be able to access higher leverage. Having a broker in Sweden gives traders the advantage of still being able to access 100:1 leverage, in a country with a stable banking environment and a reasonable amount of regulation. The alternative is usually to go to places that are havens for dodgy offshore brokers like Cyprus or Malta, which are like the Wild West, when it comes to regulation. As I've mentioned before, the best broker for you will depend on where you live, how you trade and what you value in a broker. So always do your own due diligence when choosing a broker. Even if you aren't looking for a new broker, this interview is an inspiring look at the entrepreneurial journey of two guys who saw an opportunity to create a better product and are working hard to make that happen. I hope you enjoy listening to this interview as much as I enjoyed doing it. Note: Since they are based outside of the US, they cannot accept US clients…per US laws. In This Episode How Arif got screwed over by Forex brokers as a money manager Why Sweden is a great place to have a Forex brokerage What led to the formation of Scandinavian Capital Markets (SCM) The cultural changes that SCM wants to create in the Forex world And more! Click Play to Listen to the Interview Resources Mentioned Scandinavian Capital Markets Valhalla Book a meeting with Arif or someone on the SCM team Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear all of the other podcast episodes Thanks for Listening! I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below. If you know of a trader who would benefit from any of the information in this post, feel free to share it with them. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated! I also want to thank Arif and Michael for flying me out to Stockholm, putting me up at a great hotel and showing me the beautiful city of Stockholm. If you have never been to this beautiful city, I would recommend you put it on your Heroic List. The post EP30 // Behind the Scenes Look at Starting an ECN Forex Broker in Sweden with Arif Alexander Ahmad appeared first on Trading Heroes.
47 minutes | 2 years ago
EP29 // NeuroTrader: Using Biodata and AI to Boost Trader Performance with Chris Capre and Ken Medanic
Update: My personal experience with this program and my full NeuroTrader review is provided at the end of this post.  High Frequency Trading (HFT) isn't the only technology that has changed the world of trading. Wearable devices that collect biodata have become smaller and more powerful, which has created some exciting opportunities for independent traders. The first benefit is the ability to monitor your biodata in real-time, to see if you are in the right state of mind to trade. Successful traders are acutely aware of their trading psychology. But even the best traders can occasionally ignore how they are feeling and continue trading in a sub-optimal mental state. With quantitative biodata however, traders can measure how they are feeling in real-time. Based on this information, they can either choose not to trade, or they can get themselves into the right state of mind before placing trades. Secondly, the combination of biodata and Artificial Intelligence (AI) now makes it easier for this hedge fund to hire independent traders from anywhere in the world. This was very difficult in the past because of the extremely high degree of trust that a fund had to have in remote traders. But this AI can monitor the biodata of remote traders and decide if a trade should be executed, based on a few simple biological indicators. You can think of it as a virtual Risk Manager that can manage risk before trades are even placed. To learn more about how this works, listen in as I talk to Ken and Chris and find out how they developed this idea, the technology behind their fund, the requirements for getting hired as a remote trader, and much more. In this Episode with Chris Capre and Ken Medanic Why you need to be a consistently losing trader before you can become a consistently winning trader How to apply for their hedge fund What traders have to wear to monitor their biodata How it's possible for their hedge fund to hire traders who are breakeven or trading a demo account Learn more about Chris and Ken and their success in trading Why biodata tracking works And more! Click Play to Listen to the Interview ? Resources NeuroTrader Website Listen to my first interview with Chris Capre Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe on YouTube Click here to subscribe on Google Play Music Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear all of the other podcast episodes Thanks for Listening! Thank you for joining us for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below. If you know of a trader who would benefit from any of the information in this episode, feel free to share it with them. To get more, be sure to subscribe to the show on iTunes or YouTube. If you enjoyed this interview and want to hear more, a 5-star review is greatly appreciated!     Update (July 10, 2019): NeuroTrader Review As of this date, I have officially dropped out of the NeuroTrader Program. Since I posted this interview, I feel that I have a responsibility to share my personal experience with the program. My complete review of the NeuroTrader program is below. Timeline Summary I joined the program at its inception, in January 2019. I received my device in May 2019, three months after they were supposed to be delivered. I paid up front for the entire Developing Trader program and the one-on-one mentoring sessions with Ken. On June 7, 2019 Chris Capre sent in an official termination letter, ending the partnership between Ken and himself. You can read his reasons for leaving here. The short story is that Ken wasn't able to deliver on his promises. On July 10, 2019 I sent an email to Ken to end my participation in the program. As of my termination date, I was not able to pair my device to the NeuroTrader servers and zero of my biodata was collected. Before you read on, keep in mind that I've worked at the trading desk of a hedge fund, I've worked at several San Francisco startups, I develop software and I used to work in IT for many years. This gives me a lot of insights into how things work in trading, startups and tech.  Positives There was one big positive thing that came out of this experience. As part of Ken's mentoring, he dug into my childhood to see if there was any trauma that could be affecting my trading. I eventually found out that there was an event in my past that was the primary cause of my self-limiting beliefs, but it was not in my childhood. My own independent research led me to different ways of uncovering and resolving these other traumas, which resulted in the most profound experience of my life, so far. Although he was totally off base about my childhood trauma, I do credit Ken for initially putting me on that path. In addition, I'm still very excited about how this technology could be applied to a hedge fund. Now the downsides of my experience… Downsides Mentoring As I mentioned above, Ken was way off on attributing my self-limiting beliefs to childhood. In all fairness however, I believe that you can solve trading issues in some people by only addressing childhood trauma. But what really surprised me was that he didn't give me any methods to try to resolve any of my childhood trauma that came up. I've since discovered many ways to discover and treat true trauma and a couple of them have worked extremely well for myself and others I've talked to. You can read about them here. One thing that really annoyed me when it came to mentoring, was his general disregard for the value of my time. We were set to have mentoring meetings on my Wednesday morning at 1:00am. But he would schedule meetings on Tuesday or Wednesday, without checking with me. He just scheduled meetings according to what suited his schedule. Technology I wasn't able to connect to the servers and have my biodata collected for analysis. Since I used to work in IT, I can figure anything out on a PC, if you point me in the right direction. I followed all of the instructions, did some independent Googling and asked for troubleshooting help from Ken…but I never received any emails with regard to steps that I could take to fix the problem. The only emails I received from Ken were emails with my username and password…continually. As if that was the only solution to my problem. I could login to the server, so my username and password were fine. I could not connect my device to collect data. It annoyed me that he never payed attention to this fact. In my past life as an IT consultant I learned how to troubleshoot computers and related devices. I know what I'm doing. From several interactions with him, it seemed like he didn't understand how the tech worked. He did on a high level, of course, but not when it came to the smaller details. That's fine if you are the CEO, and acting as such, but super scary if you are a one man operation (see next section). Support The bottom line is that Ken was doing everything by himself. At least as far as I could tell. Every successful startup that I have worked at has outsourced the key lower level tasks quickly…especially customer support. That is the lifeblood of your business because if your customers don't know how to use your product, they won't give you any more money. Same thing at hedge funds. The traders don't handle bookkeeping and inputting tickets. That's what the assistants are for. Would you invest your money with a fund that has only one head trader…and he is also the accountant, attorney, trading desk assistant and janitor? Of course not. But with Ken handling all of the tasks himself, support was sorely lacking. I believe that there should have at least been one customer service manager to help with payments and general questions, and one technical support manager to get people on-boarded with the devices and the platform. I repeatedly emailed Ken for troubleshooting steps on how to get my device connected, but he would only talk to me at our scheduled mentoring times. What would have happened if there were several multimillion dollar discrepancies during the course of normal trading in the NeuroTrader fund? I cringe at the prospect. When I worked at a hedge fund, I made a mistake when verifying a multimillion dollar trade once and went through a DK a couple of times. It's not fun and that shit needs to get resolved right away because once it's in the books, it's done. I have zero confidence that NeuroTrader would have the bandwidth to handle these types of issues. Another thing that bothered me was that I had asked multiple times to be billed for the entire NeuroTrader program on one invoice, but I was ignored. The reason I had asked for this is because my bank is especially risk sensitive when it comes to international payments, so you have to call them up to manually request clearance and the clearance only lasts 2 weeks. So in order to streamline things, I felt that it would be easier for both sides to just get the payment taken care of in one shot. Then he wouldn't have to come chasing after me every time the automatic payment was declined. I was only able to get an invoice for the full amount on the fourth request…and I paid it at that time. Seriously, if I can't trust them to handle a payment of a few hundred dollars, how can I trust them to handle payments of potentially tens or hundreds of thousands in the future?  The NeuroTrader program, in its current form, would certainly benefit from dedicated support staff. Education Program I personally felt that the formal course material was mostly fluff. There were some good points, but the lessons were mostly aspirational. They told you the ideal living conditions that you should be in to trade well, and they almost made you feel bad if you weren't in that situation. At
40 minutes | 3 years ago
EP28 // Joan Sotkin: How to Change Your Wealth Mindset and Align Yourself With Money
In this episode of the Trading Lifestyle Podcast, I had the pleasure of sitting down with Joan Sotkin, a prosperity and mindset mentor. As you get deeper into trading and get past making all of the beginner mistakes, you start to learn that trading is much more about your mindset than your trading system. That's how you can usually tell a new trader from an experienced trader. But tuning up your mindset is not an easy task. Believe me, I know first hand. So the more people you can get to help you with your wealth psychology, reconciling your childhood hangups and releasing negative emotions, the higher your probability of succeeding in trading. Joan is one of those people who can help you do these things. In fact, she shares a couple of exercises in this interview that you can do right now to help you understand some of your core beliefs related to money. Remember, the person who helps you with these things does not have to be a trader. The principles of a wealthy mindset and releasing negative emotions are universal to success in any business. I hope you enjoy listening to this interview and learn as much as I did. In This Episode with Joan Sotkin Why Joan went bankrupt making $50,000 per month. What she realized about her relationship to money that helped her get on the right path. Why she gave away all her possessions and traveled the world (and why you don't have to). How to figure out your money habits and change them. Turn your current negative emotions into an audible sound and replace it with a positive emotion. Your perception of life is only one side of the story. Click Play to Listen to the Interview Resources Mentioned Prosperity Place Get a free call with Joan here The Search for Connection: A Spiritual Journey to Physical, Emotional, and Financial Health Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear all of the other podcast episodes Thanks for Listening! I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below. If you know of a trader who would benefit from any of the information in this post, feel free to use the social media share buttons on this post. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated!         Disclaimer: Some links on this page are affiliate links. We do make a commission if you purchase through these links, but it does not cost you anything extra and we only promote products and services that we personally use and wholeheartedly believe in. A portion of the proceeds are donated to my charity partners.  The post EP28 // Joan Sotkin: How to Change Your Wealth Mindset and Align Yourself With Money appeared first on Trading Heroes.
45 minutes | 5 years ago
EP27 // Justin Hertzberg: How to Become a CTA, Best Forex Brokers and How Rebates Work
Managing money is one way to become a professional trader. But the process can be confusing and sometimes a little scary. After all, you don't want to do anything wrong. Of course, this podcast is for education purposes only and is not legal or trading advice. However Justin Hertzberg works with quite a few CTAs (Commodity Trading Advisors) and was generous enough to share his experience with them, so you understand how the general process works and where to get started. He is the president and CEO of Forest Park FX, a CFTC registered/NFA member introducing brokerage firm. After working for several Forex and equities brokerage firms as both trader and in-house counsel, he launched Forex Park FX in early 2013. In 2008, He left the traditional practice of law to pursue a career in trading. Forest Park FX works with forex traders and money managers to create customized brokerage and trading solutions to suit their individual needs and concerns. The company's offerings include cash back rebates for retail clients, algorithm development, and brokerage support for money managers and CTAs, among others. He began his career as a commercial and securities litigator for a large law firm after obtaining his juris doctorate and finance MBA from the University of Miami. Obviously, money manager requirements will vary by country and Justin is talking about US traders in this interview. But regardless of where you live, this interview can at least point you in the right direction and help you ask the right questions. We also chat about what Forex Park does for their clients and how broker rebates work. Since they are an Introducing Broker and not a primary broker, they have a lot more flexibility. They can also be more forthcoming about what is really good for clients, since they have a variety of brokers and services to choose from. On the other hand, brokers like FXCM only have one product (basically), so that is what they will try to sell you. Forest Park does their best to find out what the trader needs and steers them to the right broker. If you have ever wondered about rebates, Justin and I get into that too. Learn how they handle rebates and their stance on what clients should get. This is a very informative interview, so I hope you get as much out of it as I did! In This Episode When you should become a CTA When you might not want to become a CTA CTA requirements How to choose a broker Educational backgrounds of money managers they work with And more! Click Play to Listen to the Interview Resources Mentioned Forest Park FX (US traders) Forest Park FX (Non-US traders) NFA CFTC Becoming a CTA Call Justin at: +1 (561) 922-7616 For questions: support@forestparkfx.com Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear all of the other podcast episodes Thanks for Listening! I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below. If you know of a trader who would benefit from any of the information in this post, feel free to use the social media share buttons on this post. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated!           Disclaimer: Some links on this page are affiliate links. We do make a commission if you purchase through these links, but it does not cost you anything extra and we only promote products and services that we personally use and wholeheartedly believe in. A portion of the proceeds are donated to my charity partners.    The post EP27 // Justin Hertzberg: How to Become a CTA, Best Forex Brokers and How Rebates Work appeared first on Trading Heroes.
47 minutes | 5 years ago
Greg McLeod: Forex Scalping For a Living // EP26
A lot of people will tell you that scalping Forex successfully is simply not possible. Greg McLeod would beg to differ. In this episode, I had the pleasure of sitting down with Greg to find out how he scalps successfully, who his biggest mentors were and get into some of the “behind the scenes” stuff that has shaped him into the trader that he is today. Speaking of mentors, Greg has been taught by some of the best traders and trading coaches…ever. He grew up in South Central Los Angeles and later also taught public school in the area. If you are not familiar with that part of the United States, it is one of the roughest areas in the country and teaching public school there is no easy task. …and that is probably a big understatement. But Greg found ways to get students interested in learning, through trading…which is really cool. We have a very down-to-earth talk about some of his greatest achievements, what drives him as a trader and some of the most painful moments on his trading journey. I hope that you enjoy listening to this episode as much as I enjoyed doing it! In This Episode His huge early win in Yahoo The personality trait that makes him good at scalping Forex The stocks that his public school students bought (and made money on) Why he's always looking for “the party” The lowest moment in his trading career How talking to dudes in the bathroom might be good for your trading career Why the idea of bulls and bears is a misconception And more! Click Play To Listen To The Interview Resources Mentioned Get the special case study and trading lesson from Greg The Bible The Market Wizards Books Ari Kev – Trading to Win Thomas Bukowski – Encyclopedia of Chart Patterns Alexander Elder – Trading For a Living Boris Scholssberg  Gerald Appel – MACD Inventor John Bollinger Larry Pesavento Rob Booker Mark Douglas  Watch Greg's other interview with Shaun Overton Contact Holger: holger@elitetradersuniversity.com Contact Greg: greg@forexpaydays.com Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear all of the other podcast episodes Thanks for Listening! I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below. If you know of a trader who would benefit from any of the information in this post, feel free to use the social media share buttons on this post. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated!             Disclaimer: Some links on this page are affiliate links. We do make a commission if you purchase through these links, but it does not cost you anything extra and we only promote products and services that we personally use and wholeheartedly believe in. A portion of the proceeds are donated to my charity partners.  The post Greg McLeod: Forex Scalping For a Living // EP26 appeared first on Trading Heroes.
30 minutes | 5 years ago
EP25 // The Forex Broker That Trades WITH Customers with Juan Colón
Social trading is a bit like communism. – Juan Colón I'm really excited to present this episode of the podcast because I believe that this Forex broker has the potential to change how talented independent Forex traders get funded and can go on to trade for a living. Yes, I said broker.  Juan Colón is one of the co-founders of Darwinex, a Forex broker, slash investment platform. He is not a trader, but after you are done with this interview, I think you will agree that he and his co-founders are doing a lot for all the independent traders out there. Traders on the Darwinex platform can setup an account and build a track record and investors can place their money with traders that fit their risk tolerance. Yes, this sounds a lot like the copy trading sites out there, but it isn't. Trust me, it goes way beyond copy trading… For one, Darwinex does a lot to protect the trader's intellectual property (his/her trading). But that's just the start. I think that they are doing a great job of opening investment funding to independent traders and if you have been wondering how you can get funded, this might be a good alternative for you. In This Episode Why social trading is like communism How Darwinex separates the good traders from the bad The story behind how Darwinex was started What this means for US citizens And more! Click Play to Listen to the Interview   Resources Mentioned Darwinex – The Darwin Exchange Get a Trading Heroes invitation – If you would like to be invited to the platform and given promotional consideration on Trading Heroes to get more investors, contact me to learn more. Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear all of the other podcast episodes Thanks for Listening! I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below. If you know of a trader who would benefit from any of the information in this post, feel free to use the social media share buttons on this post. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated! Also be sure to check out the resources page for tips on the best education, FX trading software and more.   Note: I do get a commission if I invite you to the platform and you do well. However, I will provide extra visibility for your trading through the Trading Heroes network (again, if you do well), in exchange for signing up through me.   The post EP25 // The Forex Broker That Trades WITH Customers with Juan Colón appeared first on Trading Heroes.
31 minutes | 6 years ago
EP24 // Joel Kruger: Investment Banker Turned Pro Forex Trader
Joel Kruger started his professional career on a path that you might be able to relate to. He initially went to law school and later became an investment banker. That may not be a common career path, but many people who get into trading come from some sort of high-level profession. So if this describes you, and you don't want to be in that profession anymore, this interview might give you an alternative. When Joel saw a trading floor for the first time, he was hooked. His career in trading started as a currency analyst and he was eventually able to make the jump to full-time trading. But it wasn't easy. He admits that even though he knew how to analyze markets, trading them is a totally different story. There were several times when he wanted to quit. Find out why he stuck with it, what he has learned, the most important trait that he sees in successful traders and much more. So if you are an investment banker, it's not too late. If you want an alternative to the crazy hours, Joel's story might be an option that interests you. Enjoy! In This Episode The biggest problem with the Forex market Why Forex is the best market to trade How to raise money with your trading skill Why the size of your account does not matter Joel's outlook on life and how that determines his trading style Why ADHD can be a benefit to traders And more! Click Play to Listen to the Interview   Resources Mentioned Joel's website Paul Tudor Jones Market Wizards Reminiscences of a Stock Operator Ugly Americans Narcos – One of Joel's favorite TV shows, at the moment. Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear all of the other podcast episodes Thanks for Listening! I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below. If you know of a trader who would benefit from any of the information in this post, feel free to use the social media share buttons on this post. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated! Also be sure to check out the resources page for tips on the best education, FX trading software and more.       Disclosure:  Please note that some of the links below are affiliate links, and at no additional cost to you, I will earn a commission if you decide to make a purchase. I have experience with all of these people/products, and I only recommend them because they are helpful and useful, not because of the small commission I make if you decide to buy something. The post EP24 // Joel Kruger: Investment Banker Turned Pro Forex Trader appeared first on Trading Heroes.
25 minutes | 6 years ago
EP23 // How Jarratt Davis Went From Window Washer to Hedge Fund Trader with Fundamental Analysis
Jarratt Davis started out just like you. But he went on become the #2 ranked Forex trader in the world…according to Barclays.  He learned currency trading on his own and he had no previous experience or education. Like my last guest, his previous profession had absolutely nothing to do with trading. But his journey wasn't always easy… He actually “quit” trading several times because he could not find anything that worked. His trading went through the classic vicious cycle of: Learn a system Backtest a system Fail at trading it in the live market Look for a new system Sound familiar?  Finally, a chance meeting with a successful stock trader put him on the right track and he never thought about quitting again. In fact, he has several stories of how he met the right person, at exactly the right time. So it really does benefit you to just start talking to people you meet in your everyday life, because you never know how it might help your trading career. One piece of information that I found particularly useful is Jarratt's thought process when he is looking to take a trade. It might be very different from what you do, so I would recommend reviewing what he does before he takes a trade. I hope you find this episode as educational and enjoyable as I did. After the interview, I got to talking to Jarratt for a bit and he seems like a really down-to-earth and mellow guy. He has traded from all over the world and I hope you are inspired by his story.  So if technical analysis seems to be letting you down, you might want to take a closer look at what Jarratt is doing. Enjoy! In This Episode Why Jarratt sold his previous business Learn how FOMO affects his trading Other ways he tried to make money online How a banner ad on a website changed his life Why talking to random people on the internet can be the best thing for your trading The trading scam that Jarratt lost money in, that convinced him to learn to trade for himself Why he primarily believes in fundamental analysis And more! Click Play to Listen to the Interview   Resources Mentioned JarrattDavis.com Trading in the Zone – Mark Douglas High Performance Trading – Steve Ward Way of the Turtle – Curtis Faith Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear all of the other podcast episodes Thanks for Listening! I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below. If you know of a trader who would benefit from any of the information in this post, feel free to use the social media share buttons on this post. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated! Also be sure to check out the resources page for tips on the best education, FX trading software and more. The post EP23 // How Jarratt Davis Went From Window Washer to Hedge Fund Trader with Fundamental Analysis appeared first on Trading Heroes.
28 minutes | 6 years ago
EP22 // Andrew Mitchem’s Odd Journey to Becoming a Successful Forex Trader
You will never guess what Andrew Mitchem was doing before he became a successful Forex trader. I have heard about a lot of unusual pre-trading professions before, but Andrew's is the best, by far.  One of the biggest things that I hope you have learn from all of these interviews is that you don't need to have any experience in the financial markets to become a professional Forex trader. In Andrew's case, you don't have to read that many trading books either. Take a guess as to how many trading books he has read.  Talking to traders is always really interesting. After the formal interview, Andrew and I were chatting for a bit and he told me that he and his family were in San Francisco recently. OK, pretty cool…SF is one of the best places to be. Of course, I'm a little biased. But a regular vacation isn't enough for the average trader.  You see, Andrew has a license…to fly a helicopter. He actually has a helicopter at home in New Zealand. So he rented a helicopter in SF and flew under the Golden Gate Bridge! How awesome is that?! Most people settle for a picture in front of the bridge. Ha! I hope that he doesn't mind me sharing that story, but it really goes to show you what is possible when you put in a lot of hard work. Enjoy! In This Episode What attracted Andrew to FX trading so much in the first place How long it took him to learn to trade profitably Why he trades long term charts How many basic trading setups he uses Custom Forex trader software that Andrew uses for MT4 And more! Click Play to Listen to the Interview   Resources Mentioned Elliot Wave Theory Robert Kiyosaki Andrew's Podcast The Forex Trading Coach Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear all of the other podcast episodes Thanks for Listening! I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below. If you know of a trader who would benefit from any of the information in this post, feel free to use the social media share buttons on this post. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated! A huge thanks to Andrew for taking the time out to speak with me! Also be sure to check out the resources page for tips on the best education, FX trading software and more. The post EP22 // Andrew Mitchem’s Odd Journey to Becoming a Successful Forex Trader appeared first on Trading Heroes.
33 minutes | 6 years ago
EP21 // Peter Davies (Jigsaw Trading) on Outperforming His “Financial Advisor”
Peter Davies' backstory is all too common, unfortunately. At 35 years old, he lost about 30% of his net worth in the stock market. He was working in IT at the time and knew nothing about trading or finance. His college degree was actually in IT. To add insult to injury, his financial advisor told him that they did well that year because they beat the index. The “financial advisor” even had the balls to charged him a management fee. That is where the story ends for most people. But not Peter, he decided that he needed to learn out how to invest for himself. He figured that if he was going to lose all his money, it would rather be completely responsible for it. So began his investing career. Well, invest is the wrong term. He actually day trades the S&P eMini futures. It can be a bit of a crazy market, but out of all the trading stories I have heard, traders in this market can be some of the most consistent, on a day-to-day basis. In This Episode Why discretionary trading was the way to go for him How long it took him to learn to trade profitably Why trading was a nightmare, when he first started How his IT skills actually prevented him from becoming a full-time trader His greatest strengths and weaknesses as a trader How being an expat burned his bridges and set him up for success Learn his trading strategy And more! Click Play to Listen to the Interview Resources Mentioned Jigsaw Trading – Peter's primary website Jim Dalton Richard Joyson Joel Parker JPJ Trading Kam Dhadwar John Grady Futures Trader 71 Gary Nordon Golf is Not a Game of Perfect No BS Day Trading Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear the other podcast episodes Available on Roku – Channel TFEX6 What did you think of this episode? Let us know in the comments below… The post EP21 // Peter Davies (Jigsaw Trading) on Outperforming His “Financial Advisor” appeared first on Trading Heroes.
26 minutes | 6 years ago
EP20 // How Austin Netzley “Retired” At 27 With One Trading System
Many people dream of quitting their jobs and trading for a living, but few are actually able to do it. Austin Netzley is one of those people and he was able to do it in a fairly short period of time. Even more impressive is how young he was when he accomplished this feat. Although Austin does not trade Forex, I had to learn more about his amazing story. So I was happy when he agreed to sit down and talk to me about his experiences. While he was working at his corporate job, he would trade stocks. Luckily he had a job that allowed him the flexibility to do so. But things weren't working out so well and he kept losing money. So he finally decided that he needed to either stop trading or really figure it out. This interview will get into what he had to do to get over the hump. It wasn't easy, but what he produced was a simple and elegant solution to the 9 to 5 grind. You might be surprised at how simple his method is. But what is equally interesting is what he has decided after his trading success. You will be inspired by this interview because I sure was. The best part is that Austin shares how you can get started down a similar path. In This Episode [tweet_dis]How to tell a good system from a bad one[/tweet_dis] The one thing he has to do every day to make sure his system is working How he recommends getting started with automated trading (even if you hate programming) What he plans to do in “retirement” His mission in life after learning to trade And more! Click Play To Listen To The Interview Resources Mentioned Jack Schwager's Books Quantitative Trading: How to Build Your Own Algorithmic Trading Business by Ernie Chan YoPro Wealth Austin Netzley Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear the other podcast episodes Available on Roku – Channel TFEX6       Disclosure: Some links on this page are affiliate links where this site gets a small commission if you purchase through these links. But it doesn’t cost you anything extra and it supports this website.  A portion is also donated to my charity partner. The post EP20 // How Austin Netzley “Retired” At 27 With One Trading System appeared first on Trading Heroes.
70 minutes | 6 years ago
EP19 // Mike Melissinos On Trend Following, Trading A Fund And The Trading Tribe
Mike Melissinos landed a job at Bear Sterns shortly after graduating from college and he thought he had it made. But as luck would have it, Bear went down about six months after he joined. This turned out to be good luck however because it really made him examine the people who he looked up to and the life that he really wanted to live. He came out of the experience with a whole different perspective. After Bear, he decided to figure out how to invest for himself and got turned on to trend following. If you are not familiar with this style of trading, there are some links in the resources section below. The one thing that stood out to me in this interview was when Mike mentioned how trend following felt more intuitive to him. It was something that he felt he could embrace and run with. I think that this is a really important point because many times traders try to trade methods that are not in tune with their personality. That is what leads to blowups or erratic performance. We talked about the inherit strengths and weaknesses of trend following and how he sought out the knowledge he needed to become a better trader. One thing that helped Mike a lot was the New York Trading Tribe. If you have never heard of The Trading Tribe before, it is a series of groups started by legendary trader Ed Seykota. It is sort of a support group, but it is actually more like a development process for traders and is based on Ed's work in trading psychology. Mike talks about it in more detail in the interview, so check it out. We also get into a ton of other topics in this interview. Mike talks sports, his fanatical obsession with health and how his fiancée has made him a better trader. He also gets into the details of how he started his fund and how he treats his investors a little differently than most fund managers. This interview is over an hour long, so I'm really grateful to Mike for taking the time out to talk to me. It was a fun interview for me and I hope you enjoy it too. In This Episode Find out how much he started his fund with Why the system doesn't really matter How he drives his family crazy at Thanksgiving The biggest reasons why traders fail How to maintain your health What you need to start a fund And more! Click Play To Listen To The Interview   Resources Mentioned Melissinos Trading Get a free copy of Mike's 8 Misktakes That Distroy Investor Returns Oyster App The Trading Tribe Ed Sykota Dr. David Druz Michael Covel Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear the other podcast episodes Available on Roku – Channel TFEX6 The post EP19 // Mike Melissinos On Trend Following, Trading A Fund And The Trading Tribe appeared first on Trading Heroes.
40 minutes | 6 years ago
EP18 // How Reynaldo Soriano Makes A Living Trading 1 Hour A Day
Hello and welcome to another episode of The Trading Lifestyle Podcast. I hope you are enjoying your holiday season and are celebrating your successes from this past year. In this episode, I had the pleasure of  sitting down and talking with Reynaldo Soriano a professional trader and educator in the San Francisco Bay Area. I found him through his Meetup group and I wanted to find out how he became a professional trader. He was a member of the Australian national Taekwondo team and when you look at his website, sports still play a big role in his trading and teaching. I like how he compares trading to sports, in that both take a lot of work and there is no guarantee of success. Our conversation covered a lot of really interesting topics like his daily trading routine, his most important value and the one thing that will always overule his mechanical trading setups. I appreciate how open and honest he is in this interview. He even shared that at his low point, he would go to his parents house to visit a lot. They thought he was there to seem them, but he was really there to get some free food because he had lost most of his money trading. But like all successful traders I have talked to, he figured out a way to not only improve his trading, but also his wealth awareness, to become consistently profitable.  One thing that I did find surprising was how much he risks on high probability trades. He knows his trades setups so well that he knows which trades have a near 100% probability of working. I hope you learn a lot from this interviews and enjoy listening to it as much as I enjoyed doing it. I did have a slight cold, so I apologize for any sniffles in the recording. If you have any questions or comments, please feel free to leave them in the comments section at the end… In This Episode Find out what Reynaldo studied in school Why he holds trading contests Why Forex is the best market to learn trading The role that intuition plays in his trading Why he stopped day trading And more! Click Play To Listen To The Interview   Resources Mentioned Enlightened Super Trader Education Enlightened Super Trader Meetup (SF Bay Area) Forex4Noobs Brain Games (National Geographic) Anthony Robbins Millionaire Mind Intensive Follow Reynaldo on Twitter Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated) Click here to subscribe via Stitcher Click here to subscribe via RSS (non-iTunes feed) Right-click here and “Save As” to download the MP3 Click here to hear the other podcast episodes Available on Roku – Channel TFEX6 The post EP18 // How Reynaldo Soriano Makes A Living Trading 1 Hour A Day appeared first on Trading Heroes.
42 minutes | 6 years ago
EP17 // Bank Dealer Turned Independent Trader Walter Vannelli Shares His Experience
These are the types of interviews that I really enjoy.  I love talking to anyone about trading, but I especially like hearing from people who are just doing their own thing.  In the case of today's guest, he trades for a living from his home in Italy. He doesn't have a website and doesn't market a course.  The only reason that I found him was because he does have a great Twitter account.  I have been watching is posts on Twitter and he is very consistent. Walter Vannelli has been involved in Forex for most of his life.  What makes his experience especially interesting is that he started off as a dealer.  No check that, he actually started off in the back office of a bank. But a staff shortage and a fortunate turn of evens forced him onto the dealing desk.  Once he was exposed to trading, he was hooked.  This passion for trading has stayed with him over the years and it really shines through in the way he speaks about trading. Since he was a dealer, he understands what goes on the the trading rooms of banks.  He has been at a couple of big banks, including Citi.  He gives us some insights into how banks operate and how he trades as an independent trader who no longer has access to dealing desk information. When Walter first started in Forex, only very rich individuals could trade Forex.  So as retail Forex trading became more popular, he was also able to train traders and consult with other banks on how to set up their accounting and back offices.  This allowed him to transition from a day job to trading full-time on his own. One of the things that I enjoy the most in life is speaking with people who are making a living doing exactly what they love to do.  Walter is certainly one of those people.  I found that he is also a positive, humble, and funny guy. I hope you enjoy this episode and learn a lot from it. In This Episode Walter's unique meditation style What he has in common with college kids Why banks win against retail traders and how you can still find success The amount of money you needed to trade Forex back in the 1980's How he went from the back office to the dealing room His daily routine And more! Click Play To Listen To The Interview   Resources Mentioned Follow Walter on Twitter Walter doesn't read trading books Lucius Annaeus Seneca Marco Aurelio (Marcus Aurelius) Michael Crichton Patricia Cornwell Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review on iTunes is greatly appreciated!) Click here to subscribe via RSS (non-iTunes feed) Click here to hear the other podcast episodes Also available on Roku – Channel TFEX6 Right-click here and “Save As” to download the MP3     Disclosure: I do get a commission if you buy through some of the links on this page. But it does NOT cost you anything extra, it helps pay for my hosting costs and a portion of the proceeds go to my charity partner. The post EP17 // Bank Dealer Turned Independent Trader Walter Vannelli Shares His Experience appeared first on Trading Heroes.
27 minutes | 7 years ago
How Custom Programming Can Help Almost Any Trader With Shaun Overton // EP16
I've been wanting to interview Shaun for some time now because I like what posts on his YouTube channel and I really wanted to get the perspective of a programmer who specializes in Forex.  I finally got around to asking him last month and I was happy when he agreed. Shaun Overton first got interested in Forex as a broker on the automated trading desk of FXCM and has been interested in automated trading ever since. He has built a successful programming business, catering primarily to traders who use Metatrader and Ninja Trader.  This business has taken him all over the world and he has met some very interesting people as a result (some of whom are mentioned in the interview). He has recently been able to hire someone to handle the day-to-day management of his programming business, freeing him up to devote more time to automated systems development.  So he is in a very interesting position, having done a lot of programming work for clients and being at the stage where he is working on developing his own systems to build his trading business. If you make a living with your own small business but would like to move into trading for a living, this interview might give you a few valuable tips on making that transition. Just like any other type of trading, automated trading will suit a particular type of person and we get into who fully automated trading could help and the type of trader that it might not help.  Although fully automated trading may not work for everyone, it can help most traders and you will learn how it can do that.  We also talk about how people should get started with automated trading, either by hiring a programmer or learning programming on their own, and how to set realistic expectations. I sincerely enjoyed speaking with Shaun and his enthusiasm for trading really shines through in this interview.  Even if you do not think that there is any room for automation in your trading, I would still recommend that you listen to what he has to say because it may open your mind to a few new ideas. Enjoy! In This Episode The most interesting programming project Shaun has worked on How he became a programmer after majoring in history in college Who should be trading automated systems The most outrageous programming request that Shaun often gets How to know when you are in the “Fantasy Forex Dream” Shaun's results with Artificial Intelligence (AI) programming And more!   Resources Mentioned OneStepRemoved.com QuantBar.com The One Step Removed YouTube channel Learn to Program with C++ by John Smiley Renassanice Technologies Metatrader Ninja Trader Forex Tester Other Ways To Get The Trading Lifestyle Podcast Right-click here and “Save As” to download the MP3 Click here to subscribe to Trading Heroes YouTube channel Click here to subscribe via iTunes (if you like it, a five-star review on iTunes is greatly appreciated!) Click here to subscribe via RSS (non-iTunes feed) Click here to hear the other podcast episodes     Disclosure: Some links on this page are affiliate links where this site gets a small commission if you purchase through these links. But it doesn't cost you anything extra and it supports this website.  A portion is also donated to my charity partner. The post How Custom Programming Can Help Almost Any Trader With Shaun Overton // EP16 appeared first on Trading Heroes.
51 minutes | 7 years ago
Kim Krompass: Trading For A Living Risking Only 8 To 12 Pips Per Trade // EP15
In this episode of the Trading Lifestyle Podcast, I was fortunate to be able to sit down with Kim Krompass and learn about her journey to becoming a professional independent trader. I met Kim through the Meetup group that I started here in the San Francisco Bay Area. The one time that we talked in person at a meetup was very brief, so I was happy when she agreed to be interviewed for this podcast. She has taken an interesting route to becoming a trader. Just like many people who come to trading, she was very successful in another area before she began to learn to trade. Unlike other traders however, she was profitable from the very beginning. She will go into what strategy she was using in the interview.  But needless to say, it stopped working during the 2008 crash and she had to do a lot of soul searching to figure out if she really wanted to continue to be a trader or not. Since her bread-and-butter strategy was not working anymore, she had to figure out a better way to trade and she found some mentors and coaches to help her get back on track. What resulted was a strategy where she doesn't use any indicators an takes very small losses, as little as 8 pips for certain pairs. We also got to talking about what she does for fun outside of trading, why she doesn't usually hang out with other traders and what fine wine has to do with anything. This is a very informative and no-nonsense interview that covers a wide variety of topics, so I hope you enjoy it! In This Episode Why she was a profitable trader from the beginning What is Kim's strongest trading trait Her strong opinion on demo trading and backtesting Find out her daily routine How she made a fortune and lost a lot of it Learn about two of her most successful students Why the spread on the Mexican Peso might not be as scary as you think Click Play To Listen To The Interview   Resources Mentioned Price Action Traders Institute John Person – National Futures Paul Tudor Jones – Famous trader Turtle Traders – A famous trend following trading experiment Michael Covel – Trend following researcher, author and speaker.  Great podcast too. The Carry Trade explained Jing – Screenshot software Twitter – What Kim uses to broadcast her trading and socialize with other traders Bitly – Shorten links to share online Notebook – For recording trade entries Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review on iTunes is greatly appreciated!) Click here to subscribe via RSS (non-iTunes feed) Click here to hear the other podcast episodes What did you think of this episode?  Let us know in the comments below… The post Kim Krompass: Trading For A Living Risking Only 8 To 12 Pips Per Trade // EP15 appeared first on Trading Heroes.
29 minutes | 7 years ago
EP14 // How Casey Stubbs Went From Computer Geek To Forex Trader
  You never know how much of an influence some of your early life experiences will have on your adult life and this interview is a perfect example.  Casey Stubbs helped his father setup his first modem that allowed him to get basic stock charts on his computer.  From there, Casey was hooked on trading and he actually got quite good at it. I have tweeted with Casey a few times over the last couple of years on Twitter, but I have never actually spoken to him in person.  So I was glad that I had the opportunity to sit down and chat to find out how he got to where he is and what he is up to. His blog has really taken off over the last few years and that has presented him with some great opportunities.  This is something unique amongst traders, so I was also excited to talk to him about how is blog is doing and how it has helped him become a better trader. After learning the stock market, he decided to tackle the foreign exchange market because he liked the hours and liquidity…among other things.  So find out what you can learn from his experiences and how you can apply them to your own trading. In This Episode Why Casey prefers trading Forex Why he trades the way he does His biggest “project” outside of trading How he met the guys who write for his blog The biggest mistakes he sees traders making What he thinks about Expert Advisors (EAs) And more! Click Play To Listen To The Interview   Resources Mentioned Winner's Edge Trading Follow Casey on Twitter Other Ways To Get The Trading Lifestyle Podcast Right-click here and “Save As” to download the MP3 Click here to subscribe to Trading Heroes YouTube channel Click here to subscribe via iTunes (if you like it, a five-star review on iTunes is greatly appreciated!) Click here to subscribe via RSS (non-iTunes feed) Click here to hear the other podcast episodes Also available on Roku – Channel TFEX6 Do you have any questions for Casey?  Ask him in the comments below. The post EP14 // How Casey Stubbs Went From Computer Geek To Forex Trader appeared first on Trading Heroes.
61 minutes | 7 years ago
EP13 // Steve From No Brainer Trades And The Only Thing You Need To Remember When Trading
Hello traders, I'm very happy to be back with another episode of The Trading Lifestyle Podcast and I was fortunate to be able to interview Steve W. from No Brainer Trades.  If you have been trading Forex for awhile, you have probably heard of Steve because his blog provides traders with a ton of quality free information. Like several of the other people that I have interviewed before, Steve didn't originally set out to become a trader.  He basically just needed a job and found one as a clerk at an investment bank in New York.  This happened while Steve was still in college and he was actually studying for a degree in business for film and TV. Being a clerk sparked his interest however and he started learning everything he could about trading. This lead to him becoming an analyst and the rest is history. He has been trading professionally for about 7 years and has a very no-nonsense approach to trading.  He primarily trades price action and in the interview, he talks about the key factors that new traders really need to understand in order to become successful. I hope you find this interview very useful.  It is almost an hour long and packed with some great insights into how Steve approaches trading and what he has learned over the years. So make yourself comfortable, get out your notebook and pour your favorite drink.  Enjoy! In This Episode Why you want to trade like a cheetah The primary reason for most of his losses His path to a FX desk at a bank Why he was forced to change his trading over the years Where the hidden information is located in the charts Which overused expressions are actually true One of the biggest killers of retail trading accounts What Steve finds the most fun about trading And more! Click Play To Listen To The Interview   Resources Mentioned Learn more from Steve's course at FXS Analytics Read the other interviews with Steve at Informed Trades and InnerFX Contact Steve via Twitter Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review on iTunes is greatly appreciated!) Click here to subscribe via RSS (non-iTunes feed) Click here to hear the other podcast episodes Right-click here and “Save As” to download the MP3 Also available on Roku – Channel TFEX6 Do you have any questions for Steve?  Ask him in the comments below. The post EP13 // Steve From No Brainer Trades And The Only Thing You Need To Remember When Trading appeared first on Trading Heroes.
46 minutes | 8 years ago
Chris Capre: This Transformed Him Into a Pro FX Trader From a Yoga Teacher // EP12
Chris Capre – Buddhist, Trader, Philanthropist Chris Capre started off wanting to be a Yoga instructor for the rest of his life, but a friend had an intuition about him… His friend felt that Chris would be a good currency trader…and he turned out to be right! Chris says that as soon he started looking at the charts, they seemed to make sense to him. That's not to say that he did not endure some tough times too, but from a very early stage, he knew that he had found his calling. Even though he was very successful at the beginning, he went through the process of being a broker, then a hedge fund trader, then an independent trader and educator. He never intended to become a Forex mentor, but he was getting so many requests to be taught, that he decided to build a business around it and he started 2nd Skies Forex. It was interesting to hear about his experiences with students and what makes some successful. I hope you enjoy this interview and learn a lot from it. Chris is a great guy to talk to and I love the fact that trading has provided him a way to give back to causes he believes in and make the world a better place. In This Episode How Chris learned about Forex trading Why you are lucky to be a trader now The biggest lesson he learned from being a hedge fund trader Why the USD/JPY is so hard to trade for traders in the US Learn how much he made on a $3,000 account in 6 months Find out how he landed a job at a hedge fund, as a trader Why looking at a chart for 3 seconds may help you make a better assessment of the market How to tell when someone has a working mastery of trading And more! Click Play to Listen to the Interview with Chris Capre   Resources Mentioned FREE 2nd Skies Beginner's Course – If you are just getting started in Forex, this is a great free course to start with The Advanced Price Action Course – I highly recommend this course if you want to learn price action Advanced Traders Mindset Course – One of the few really good courses for cultivating a successful trading mindset Advanced Day and Swing Trading Course for Stock Traders – Learn how to trade stocks Recommended Books: How to Trade in Stocks (Jesse Livermore) Jesse Livermore: World's Greatest Stock Trader (Richard Smitten) The Amazing Life of Jesse Livermore (Richard Smitten) Richard Wyckoff The Hour Between The Dog and the Wolf (John Coates) YogaBooks Rodney Yee's Yoga for Beginners (Rodney Yee) Yoga for Beginners Boxed Set (Michael Wohl) Restorative Yoga Practice (Deborah Donohue) Meditation Buddha's Brain (Rick Hanson) Stilling the Mind (Alan Wallace) Causes Chris Supports: Kiva Save the Children The Life Saver Bottle Visit the 2nd Skies Forex homepage here. Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review on iTunes is greatly appreciated!) Click here to subscribe via RSS (non-iTunes feed) Click here to hear the other episodes Right-click here and “Save As” to download the MP3 Bonus Video From Chris Capre Here is a video from the 2ndSkies YouTube channel that I really liked. It talks about having the abundance mentality and how he came to adopt it. This is a key point because successful trading is mostly mental and even if you have the skills to trade well, there may be other factors holding you back. To practice an abundance mentality and improve your trading, try one of Chris' courses. What is the biggest lesson that you have learned from this podcast? Let us know in the comments below.           Disclaimer: Some links on this page are affiliate links. We do make a commission if you purchase through these links, but it does not cost you anything extra and we only promote products and services that we personally use and wholeheartedly believe in. A portion of the proceeds are donated to my charity partners.  The post Chris Capre: This Transformed Him Into a Pro FX Trader From a Yoga Teacher // EP12 appeared first on Trading Heroes.
47 minutes | 8 years ago
EP11 // Why (and how) 50 Pips Trades Forex For A Living
Welcome to episode 11 of The Trading Lifestyle Podcast.  In this episode, I'm happy to present an interview that I did with 50 Pips.  No, he is not a rapper, but he does trade for a living and he mentors traders from time-to-time. He is also an excellent Forex trading resource to follow on Twitter.  That is how I originally found out about him. He tweets trading tips and levels that he is watching on a daily basis. This interview was unique because 50 requested that I don't ask the interview questions that I would normally ask.  This is because he was interviewed back in 2010 and many of the basic questions about him were answered in that interview. So if you want get more on his background, check out the Resources Mentioned section below for the link to that interview on his blog.  That interview is almost an hour long and is also packed with tons of great information about 50 and how he got to where he is. But since a lot of these question were already answered, this did give me the opportunity to dig deeper into what makes him tick, how he trades and what his experience in mentoring students has taught him.  I think you will find some of his answers surprising.  We both support Kiva, so be sure to check out his Kiva page in the Resources section below also. In This Episode Why he uses an alias online His opinion on black box trading robots Why he thinks Fibonacci Retracements work for him The most common mistakes he sees his students making What golf has to do with anything And more! Click Play To Listen To The Interview Resources Mentioned 50's previous interview 50 supports Kiva Follow @50pips on Twitter Other Ways To Get The Trading Lifestyle Podcast Click here to subscribe via iTunes (if you like it, a five-star review on iTunes is greatly appreciated!) Click here to subscribe via RSS (non-iTunes feed) Click here to hear the other episodes Right-click here and “Save As” to download the MP3   The post EP11 // Why (and how) 50 Pips Trades Forex For A Living appeared first on Trading Heroes.
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