Paul Langham: Trading Strategies To Profit In The Forex Market | Trader Interview (080)
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In episode 80 of the Desire To Trade Podcast, I interview Paul Langham, a Forex trader based in Belgium with a very good understanding of price movements and how the different players interact in the currency markets. He came on the podcast to share price action trading strategies for the Forex market.
Paul spent a great amount of time trying to understand how banks were involved in the Forex market. That involved looking at price action.
This work allowed Paul to work for major European and UK banks.
Paul got introduced to the market after developing an interest in horse racing bets. That, although trading is fairly different in various ways, helped Paul develop a sense for probabilities that served him in his trading career.
In This Episode, You’ll Learn…
How Paul started to bet on horse races and how it applies to trading
How to trade reversals purely with price action
The #1 reason why man retail traders can’t make it as successful day traders – and how to fix that.
How to find out what you’re best at trading
Examples of 2-step trading strategies that work
The biggest challenge for Paul in possibly starting a hedge fund
And much more!
If you truly want to succeed in Forex trading, you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at.
Disclaimer: This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
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