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174: Live Forex Trading Q&A from Progreso!

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Live Forex Trading

Live Forex Trading Q&A from Progreso!

In episode 174 of the Desire To Trade Podcast, we do a live Q&A from Progreso. We will cover the questions you have for me in this episode.

Watch the video here!

Topics Covered In This Episode

  • How it is possible to minimize drawdowns [1:00]
  • What the best way to transfer funds from your bank account to your Forex account is [2:53]
  • How you can trade algorithms even if you're not a programmer [4:46]
  • Trading with price action, fundamentals and with systems [6:34]
  • Becoming a pro without relying on price action [7:24]
  • What the best strategies to start forex trading are [7:29]
  • My advice for getting funding in trading [9:19]
  • What your number one focus should be when starting in trading [10:48]
  • If I’ll be doing something in the time zone of Australia [13:23]
  • If you should have a $20k account to start trading [14:03]
  • Applying “simplicity is key” in trading [15:27]
  • Trading with a big stack of money over time and using a “graduation plan” [18:26]
  • Getting an accountant for tax filing [20:17]
  • Getting clear on what you want to do [20:48]
  • Using Australian brokerage and being careful when choosing a broker [21:38]
  • Why I do trading only using my account and having different goals now [23:13]
  • How it can be tough trading for other people [24:17]
  • How to deal with price discrepancies when using different brokers [25:29]
  • How long I have been trading [26:35]

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What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!