203: Using Trading Systems To Make A Living (@swelsh66)

Forex Trading Systems To Make A Living - Scott Welsh

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!

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203: Using Trading Systems To Make A Living (@swelsh66)