TraderInterviews.com:Hello everybody. Welcome back to TraderInterviews.com. Thanks very much for joining us for another show this week. As usual the idea of every interview is to give you something to think about in your own trading by talking to traders who are in the markets each day trying to find opportunities. We disccuss what they think they're doing well and what they can improve on so that we can all learn how to trade in a better, more consistent manner. So our guest today is Raymond Firetag and that Ray is at the Traders Expo recently in Las Vegas. He is a Forex trader. We're going to talk to him about his background, how he got into this and his overall philosophy of approaching the currency market. So Raymond thanks very much for joining us.
Raymond Firetag: Oh, thanks for having me.
TraderInterviews.com: Well, you have an interesting background. Tell us how you got into foreign currency trading in the first place.
Raymond Firetag: Sure. I was in real estate for many, many years from about 1993 to about the early part of 2008. I probably don't have to tell you, Tim, how that went these past few years in that industry - just a very tough, tough time in real estate. I decided that it really wasn't something I wanted to keep doing anymore and a friend of mine who had been trading currencies for about a year said, " you gotta check this out" and for a long time I said, no I don't want to do that. I thought, "trading, that's not me. I'm not going to do that." And so finally I think just having been fed up with how real estate was going, I took a look at it and much to my surprise I found that l loved it. So I got started and made a lot of first time working mistakes there for the first couple of months and then got to a point where I was making more money trading foreign currencies than I was in real estate and decided to go full time trading.
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