47 min listen
203: Using Trading Systems To Make A Living - Scott Welsh
FromDesire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
203: Using Trading Systems To Make A Living - Scott Welsh
FromDesire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
ratings:
Length:
41 minutes
Released:
Jul 15, 2019
Format:
Podcast episode
Description
Using Trading Systems To Make A Living In episode 203 of the Desire To Trade Podcast, I speak with Scott Welsh, a systems trader. We discuss his story as a Forex trader as well as how he was able to develop simple systems to make a living in the market. Are you ready for it? Watch the video interview! In This Episode, You'll Learn... Who is Scott Welsh and what he does? 02:16 How Scott started trading 03:23 How was the Scott's transition from Stocks to Forex 05:38 Scott's main mistake when learning to trade 07:04 Biggeset turning point in Scott's trading career 08:31 How Scott handles long periods of profits or losses 12:08 Why Scott loves to trade with algos 13:13 How does Scott gets his systems programed? 15:45 What is Scott's trading style 16:53 What are the type of things that Scott's strategies look for 19:44 How does Scott monitor and review his algo strategies 22:08 Scott's advice for traders going into Algo trading 23:56 How Scott goes from testing to trading his Algos 25:58 What type of equipment and technology Scott uses to run his Algos 28:53 Scott´s recommendations for all traders 31:14 How Scott manages when Algos are not working well and have to be droped 24:23 What Scott needs to trust his trading systems 36:59 How can you find Scott Welsh 38:15 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! Resources Mentioned Virtual Private Server (VPS): AccuWebHosting FXVPS VPN: Torguard VPN (use coupon code DTT10 for a 10% lifetime discount) DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Scott Welsh? Twitter Website About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
Released:
Jul 15, 2019
Format:
Podcast episode
Titles in the series (100)
DTTP 010: The Story Of A Hard Working Trader w/ Akil Stokes: For a long time, Akil Stokes struggled to make money in trading. He started right out of college, being unemployed. Today, he can be found almost everywhere online, teaching traders how to succeed in trading. So many things were covered in the... by Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders