Originally aired in September 2006. Rob Booker is probably the most down-to-earth successful currency trader you'll ever meet. His easy-going manner and frank talk about the markets has made him one of the most popular speakers at the Forex Trading Expo. But Rob is a trader first and a speaker second - a key indicator of his desire to be successful in the markets. Here we talk about why a new trader simply can't replicate what other successful traders are already doing by "looking over their shoulder." Successful traders need to find systems that work for them personally to be consistent. Hear why! Also take a look at his book, Adventures of a Currency Trader
Ed Ponsi of FXEducator.com is a well-respected trader and author of a new book called Forex Patterns & Probabilities: Trading Strategies For Trending & Range-Bound Markets. Here I talk with Ed about the strategies he covers in the book, how he thinks traders should be playing the US Dollar right now, and which currency pair correlates very well with the US equities markets (in other words, watch this currency pair for trading opportunities after the US markets move!).
Adam Hewison of INO.com posted a video and note on his blog about the recent elimination of the uptick rule. We talk about that and how it will affect individual traders and why it means you should be comfortable shorting more than ever. We also talk about how he finds opportunities in the markets and the type of charts he likes to use.
David Piscorik is an active trader who has a couple of websites he does on the side including his blog and a site that tracks the stocks discussed on CNBC's Fast Money show. He is a CPA by trade and here we talk about how he looks at the markets, how he determines trends and whether they are continuing or ending, and how he scans the markets for opportunities each day.
. Here I talk with Ed about the strategies he covers in the book, how he thinks traders should be playing the US Dollar right now, and which currency pair correlates very well with the US equities markets (in other words, watch this currency pair for trading opportunities after the US markets move!).