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068: Trading Tips From A Forex Scalper – Jean-François Boucher

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Jean-François Boucher: Trading Tips From A Forex Scalper

In episode 68 of the Desire To Trade Podcast, I interview Jean-François Boucher, a Forex scalper located in Jasper, Alberta.

Jean-François started to trade stocks in the 90s as he worked for IBM. After losing countless amounts of money in options, he discovered the Forex market.

What I particularly like about Jean-François is his down-to-earth approach to trading. As a matter of fact, he knows there are no tricks to succeed quickly in trading. You must put in the work.

He also mentions a crucial fact, that is, risking 1% per trades allows you to come back. While we often see people risking way more than that, Jean-François' advice is still very important. You can't expect to increase your risk too high and stay in the game of trading for very long.  As traders, we are professional losers, so we better account for that.

Jean-François says: “it always starts small”, and that is the mindset you need to have if you want to see progress without blowing up countless trading accounts.

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You are your own holy grail. - Jean-Francois Boucher Click To Tweet Stay 99% flat always. Put 1% on your trades. - Jean-François Boucher Click To Tweet

In This Episode, You'll Learn…

  • How Jean-François first got involved in the Forex market.
  • The advantages of trading the Forex market.
  • How to go through the different phases of trading.
    • Losing money, breaking even, making some money, making tons of money.
  • How to remove (or reduce) indicators from your trading.
  • What the world looks like for a scalper.
  • How to scalp the market effectively.
  • An interesting way to journal about your trades.
  • The problem with trading robots
  • Very important money management rules no one mentions.
  • 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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  1. Johann Schonfeldt
    November 30, 2016 at 2:50 am

    Wow Brilliant Podcast Boss,,,,i enjoy all the valuable Info from Jean Francois Boucher,,,,discussion was very Inspirational to me,,,cause i am a Scalper myself!!!! Respect’s Etienné and Jean-Francois,,,,i pray for You Jean-Francois for a Speedy Healing and Recovery,,,,We Serve an Awesome God,,,Just Keep the Faith my Friend. ???

    • December 2, 2016 at 7:53 am

      Thanks Johann! That was one of the great guest to interview. A lot of fun for me too!


  2. Thulani Ngqaza
    December 7, 2016 at 8:01 pm

    good podcast to listen will listen it again and again “THE HOLY GRAIL IS YOU”

    • December 16, 2016 at 2:36 am

      Thanks for listening man! For sure you are your own holy grail! Only you is responsible for your trading.

  3. Johann Schonfeldt
    December 19, 2016 at 1:40 am

    Again and Again is a Understatement,,,,,i just Luv this Podcast,,,,,very Motivational and Inspirational ??

    • December 19, 2016 at 9:26 am

      Repetition is the mother of skill, Johann! Good stuff!