5 min listen
064: The Guide To Forex Trading Strategies - Part 1
FromDesire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
064: The Guide To Forex Trading Strategies - Part 1
FromDesire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
ratings:
Length:
21 minutes
Released:
Oct 31, 2016
Format:
Podcast episode
Description
The Guide To Forex Trading Strategies - Part 1 Show notes: http://wp.me/p6qxZI-17Z In episode 64 of the Desire To Trade Podcast, I decided to discuss a very popular topic: defining a trading strategy. I recorded a 3-part Guide To Forex Trading Strategies so we can set you up with a plan as soon as possible. I've seen a lot of traders trading with absolutely no plan expecting they would succeed, so I want to make sure I address this topic. In fact, you've probably already heard the saying "trading is simple but not easy", right? Well, it is when you have a plan and a strategy to execute on. I agree that executing on that plan will be the hardest part, but we have to cover things step-by-step here. In Part 1 of the Guide To Forex Trading Strategies, I'm giving you a quick introduction of what type of strategy you can trade. In the next parts of this series, we'll deal with specific indicators you can use as well as how to read price movements. What's Covered In This Episode? The concept of market phase The 3 types of trades When you should consider each of the trade types (based on the market phase) What to expect as win rate and reward-to-risk for various Forex trading strategies The top mistakes traders make when defining a strategy And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE's Top Free Resources DesireToTRADE Forex Trader Community (free Facebook group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template)
Released:
Oct 31, 2016
Format:
Podcast episode
Titles in the series (100)
Introduction & What to Expect - Desire To Trade Podcast: In this podcast, I, the host of the podcast, introduce myself and provide information about the show as well as about my blog www.DesireToTrade.com. If you are new to trading, and even if you have experience in it, the Desire To Trade Podcast will be... by Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders