Headsup! If you want to dig deeper into this, head to the forum and you will find a very interesting (and frustrating!) original strategy there. In this episode of Truth About FX, Walter shares his experience with trading strategies using Bollinger Bands. You will also learn about this trader in the NFN forum who uses some very effective tricks using this strategy. According to Walter, this is one of the strategies that can be automated easily if you know the trick (which you will find here too!) You will also learn about his “lighthouse” strategy and the pullback method. Download (Duration: 8 ..read more

Does the volume-based trading strategy really work? In this episode of Truth About FX, Walter and Hugh dig into volume-based trading strategies that actually work in forex. If you are in the Naked Forex Now forum, you’ll know this guy Mark Fletcher. He shares a useful book about volume-based trading that you can use. Walter also shares some really cool tools that you can use to increase your win rate. All these and more in this episode of the Truth About FX Podcast… Download (Duration: 12:58 / 31.1 MB) In This Episode: 01:10 – no central location 02:24 – futures over forex 03:35 – an interes ..read more

Should you really trust your broker’s data? In this episode of Truth About FX, Walter talks about backtesting your data and the factor that you must consider when choosing between the data from your broker or your live trades. Do timeframes matter? Are there certain points in the chart that you should be looking at? Hugh shares his thoughts as well and according to him, it’s really about timing and formations. Download (Duration: 04:55 / 11.8 MB) In This Episode: 00:45 – spread dependent 02:06 – using broker’s data 02:34 – timing issue 04:11 – switches back and forth Tw ..read more

Did you know that making your bed everyday can predict your income? In this episode of Truth About FX, Walter unravels the psychology and neuroscience behind making decisions. He talks about the tools you can use to be more conscious and make rational decisions. And is market feedback really that reliable? You will also learn the biggest difference between introverts and extroverts and why this is important to you as traders. Download (Duration: 9:40 / 23.2 MB) In This Episode: 00:32 – heart rate 01:17 – reptilian brain 03:15 – super boring 05:35 – market biofeedback 07:12 – h ..read more

In this episode of Truth About FX, Walter dives into the different types of human psychology and useful tools that you can use to keep you guided on the right mindset. He also talks about an expert named Michael Seligman and how his theory on the different aspects of positive psychology and resiliency can really help you get on the right track of your trading. Walter also shares a really cool test to help you identify your resiliency issues and why resiliency is one of the MOST IMPORTANT keys to becoming profitable. All these and more in this episode of Truth About FX podcast… Download ..read more

In this episode of Truth About FX, Walter lets out some tricks on how to have confidence in your trading system so you can get the best results. He talks about the Cycle of Doom, unraveling the psychology behind your trading beliefs and how this can make or break your trading system. You will also learn about this guy who won a trading contest and the unique way he was able to turn a $10,000 into $1.1 Million. All of these in this episode of Truth About FX Podcast. Download (Duration: 05:30 / 12.6 MB) In This Episode: 00:33 – stellar results 02:01 – fancy candles 03:21 – risk ..read more

In this episode of Truth About FX, Walter talks about the 3 things he wished he knew — and so should you! — before he started trading. Is it helpful to ask from other traders the answers to your questions? Walter also talks about the importance of forming the right beliefs and setting your own limitations. He also shares an interesting story about a guy named Steven Bradbury and how this can inspire you in your trading journey. Download (Duration: 10:30 / 25.2 MB) In This Episode: 00:53 – guaranteed drawdown 02:05 – stubbornness or determination 04:19 – psychological cage 06:15 ..read more

In this episode of Truth About FX, Walter lets out some tricks on how to have confidence in your trading system so you can get the best results. He talks about the Cycle of Doom, unraveling the psychology behind your trading beliefs and how this can make or break your trading system. You will also learn about this guy who won a trading contest and the unique way he was able to turn a $10,000 into $1.1 Million. All of these in this episode of Truth About FX Podcast. Download (Duration: 05:30 / 12.6 MB) In This Episode: 00:33 – stellar results 02:01 – fancy candles 03:21 – risk po ..read more

In this episode of Truth About FX, Walter dives into finding the “perfect” system that fits your lifestyle and beliefs. And is it really possible to trade while doing a 9 to 5? According to Walter, there are a lot of ways you can work around this but it all comes down to doing this one thing that every trader should learn by heart. You will also learn these 3 key components that you need to be a successful trader no matter what time frames you choose. Download (Duration: 04:35 / 10.5 MB) In This Episode: 00:40 – pretty simple system 01:36 – what makes sense to you 03:17 – adjusti ..read more

In this episode of Truth About FX, Walter dives into CFDs and how to trade them successfully. Did you know that it is illegal to trade them in certain countries around the world? Walter gives some insider information in finding the right broker for you. And the two advantages of trading forex versus other instruments in the market. Download (Duration: 05:18 / 12.7 MB) In This Episode: 00:42 – they are illegal 01:32 – swing that sucker 03:08 – a cheeky way 04:06 – bite the bullet Tweetables: Test your broker [Click To Tweet]. Forex charts are clean  [Click To Tweet]. Find the righ ..read more