How to survive when trading Forex markets w/ Joel Kruger

Full show notes: http://chatwithtraders.com/ep-015-joel-kruger/ - - Joel Kruger has been involved with foreign exchange since the very beginning of his career in investment banking as a currency strategist. This was after he came to the realization that he wasn’t cut out for law school. But now days Joel is in the trenches as a self funded Forex trader, who has pushed on through many failures and created a tremendous lifestyle for himself, and his family. Also it’s worth mentioning. Even if you’re not a Forex trader, Joel has a bunch of really good psychology tips that he shares throughout this interview. And a special thanks to the guys who submitted questions over Twitter before this interview, Joel does a great job of answering these. So hit the play button, and start listening…

Comments

1. This is a great interview, sucks there arent more people talking about Forex...There are so many different ways to make money in the Forex markets, Joel only explains how he sees the market. The market is all based on perception and everyones perception is different.
2. the least self aggrandizing guest in the series-----and a wealth of information.   Well done.
3. He's just repeated Jesse Livermore's ideas, but anyway it's great stuff.
4. The number one killer of traders is over-trading. If you keep your positions small, you will not have to close any position in loss.
5. What about when USDCHF moved 3000+ pips in a day in Jan 2015 and people got wiped out within minutes with stop losses effectively useless. Deep and liquid market didn't help then?
6. Thanks. Your channel is a gold mine.... :)
7. Helped me a lot on my trading psychology part. Good job
8. 37
9. very informative, thank you
10. "fearful of winning position & hopeful of losing position" this is so damn true, happens to me everyday with every single trade...why ? what's the psychology behind this, why are we hard wired with this crazy concept ?
11. He talks about over leveraging allot and he has a point? However a 1:100 leverage is fine I wouldn't suggest anything higher. But if you use stop losses correctly, then you can use the leverage to your advantage.
12. Thanks Aaron, keep it up with the great job!
13. You are simply subject to the way the market bounces and that's the way it is. from when is in my hands it is absolutely easy to run my binary option as well.. but some times it broken down when i use.. have a good ofer for you..see you later.. TRY TODAY https://twitter.com/LorenFeras23/status/814551473346539521
14. one of my favorite! seems like a genuine dude
15. Many people complain that forex is nothing but scam.Their strong argument is that brokers
    take opposite postions each time a trader opens a postion. I always ask them to
    explain how this is possible when I use hedging strategy. I only use a broker
    that allows hedging. I trade with FxGlory.
16. Listen to what he says about leverage. Just because a broker allows you to buy an entire LOT, it doesn't mean you should do so.
17. Very informative. Not like giving false hope and easy money. I loved this interview.
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19. Interview Nicholas Puri from "The Duomo initiative" on youtube!!!
20. Thank you so much for sharing this interview. some amazing points to take on board and great interview.