AggressiveTalks: Recent Episodes
AggressiveTalks
In this podcast, I answer all questions sent by traders from across the world related to trading . I also share my thoughts and help you in your Trading journey.
It's important to have a structure for managing risk in trading, in this episode, we go a little bit in-depth and analyze ways to have a better frame work to have a good base of risk assessment.
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The 6 steps to a good trade. Catalyst, Hypothesis, Confirmation, Risk Assessment, and Execution as well as Managing the trade.
website: www.aggressivetrading.org
Prop firms work at a great advantage especially if you don't have any capital as a trader, in this episode, we talk about the two popular prop firms FTMO and Myforexfunds, and their pros and cons.
As traders, there are tools we often use to help them be able to forecast the markets n general. We have CFTC: https://www.cftc.gov/MarketReports/CommitmentsofTraders/index.htm myfxbook: https://www.myfxbook.com/community/outlook Tradingview: https://www.tradingview.com/?aff_id=112726 Dailyfx: https://www.dailyfx.com/sentiment XM: https://clicks.pipaffiliates.com/c?c=674922&l=en&p=0 TradingEconomics: https://tradingeconomics.com/calendar
There is always a negative correlation between people trading multiple strategies trading more than one strategy is always villainized in trading industries. To be fair trading multiple strategies always outweighs just simply trading a single strategy.
Charting Platform: https://www.tradingview.com/gopro/?share_your_love=NyikoNgobeniGet Funded: https://ftmo.com/en/?affiliates=3127My Forex Broker: https://www.xm.com/referral?token=bNGQpuDiopgj5or5AcVcygMy Crypto Broker: https://coinbase.com/join/MATHEB_0V?src=referral-link
Podcast show notes: https://nyikongoben.wordpress.com/2023/01/16/trading-multiple-strategies-forex-q-a-podcast-ep-23/
Brokers to keep their operations running have to have interesting structures intact, they are always 2 types of brokers A and B book broker the A book is a broker that puts your orders straight into the market maker, and the B book trades against essentially meaning if you loose they make the money if you win they pay you. Charting Platform: https://www.tradingview.com/gopro/?share_your_love=NyikoNgobeni Get Funded: https://ftmo.com/en/?affiliates=3127 My Forex Broker: https://www.xm.com/referral?token=bNGQpuDiopgj5or5AcVcyg My Crypto Broker: https://coinbase.com/join/MATHEB_0V?src=referral-link ------------------------------------------------------------------------------------------------ Facebook: https://www.facebook.com/nyikoshngobeni Trading Books: Trading Strategy: https://amzn.to/3GxyYKN Trading Psychology: https://amzn.to/3W2hgEN
As traders we often have a hard time allocating funds to supplement our trading, with the recent boom of online prop firms that cry is now fixed but the problem with that is that it's not really yours so they can take it from you pretty easily. So in this episode, we talk about how you have the same amount of funds but on a personal account. Prop-firm to consider: FTMO - For Serious Traders and MFF: https://myforexfunds.com/?wpam_id=1818
Forex trading journey can not only be hard but boring as time goes by. In this podcast, I rant about the lies we tend to be fed when we are new to trading which most of you will encounter at the early stages which many would call being sold a dream.
The dollar has been very strong since the beginning of the year. It's safe to say we are in a global recession dollar has always been considered to be safe heaven as most transactions are made through the USD.
In this episode, we talk about the perfect trading strategy the holy grail. But to be quite honest there is no perfect trading strategy as every trading strategy is still reliant on our human psychology and emotions. Trying to improve your system is a better route but you wont find a 100% win rate strategy with high win rate the best traders the banks/ hedge funds still have loosing days, weeks, and months.
Shoot your question on Twitter: https://twitter.com/expriencess
ICT or rather Inner Cycle Trader is also known as Michael J Huddleston, as he is predominantly known as the pioneer behind SMC ( smart money concepts ). Recently has been a boom for the last two years now everyone is talking about SMC if you are not you are a fool. This podcast talks about or rather I share my thoughts on ICT. Although there is a dark side behind him as he has a cult-like following they don't wanna hear anything if you say anything that doesn't fit their views they come after you. But building such of a big following, especially on YouTube with over 250 000 subscribers. People don't just follow there is obviously something they find in him.
Upcoming show: Best Forex Trading Strategy
Very often as traders we can get stuck in this illusion of whether we should focus more on pips or percentages. Pips don't really matter if you compare them to pips, as you could be making don't of pips but losing in terms of percentages. You can have a gold trade which is a loser and have a EURUSD trade which is a winner but when you look at your stats you winning in terms of percentages but losing in terms of pips.
Twitter: https://twitter.com/expriencess/status/1523400874168492033?s=20&t=Ckzu7hBk5pU6A_FG6CHlsQ
Upcoming show: My Thoughts On ICT( InnerCycleTrader)
In this podcast episode we talk about Smart Money concepts one of the trading strategies used to trade forex and other markets. SMC or rather smart money concept is kind of like a trigger word or a buzz word, SMC traders can get really defensive if you don't agree with them. So in this episode we go through whether they are legit or not.
Twitter: https://twitter.com/expriencess?s=20&t=H_pmktLM_nYN46HitLQNSQ
Upcoming Show: Why You Shouldn't Focus On Pips But Rather Percentages
The crypto markets have been in strong bear markets for a couple of months now. Cryptocurrencies are heavily reliant on fundamental analysis, as they are more easily manipulated than Forex currencies by market whales. As all the popular crypto instruments ( BTCUSD ETHUSD LTCUSD DOGECOIN ) ARE seemingly READY for the next rally or the buy-side. We know that crypto markets mainly trade in the bullish trend. Looking for long-term investments now could potentially pay off in the near future.
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Upcoming Show: Is Smart Money Concepts A Scam?
In this podcast episode, we talk about whether you should scale in trades or position as a trader or not. Scaling in forex trades can be a tricky subject in itself and can be a call for disaster if not done right and can be equally true for the opposite, it's all in how you implement it. If done correctly it can be worth doing.
Upcoming Show: Where is Crypto heading to.
In this podcast episode show, we talk about how you should pick a trading broker specifically forex in this case. What are factors to consider when picking a broker because as traders we approach the market differently and even when it comes to brokers we have to use different brokers for certain factors?
Broker mentions for swing traders XM: https://www.xm.com/referral?token=bNGQpuDiopgj5or5AcVcyg Second suggestions Eaglefx: https://www.eaglefx.com/?cmp=2e8j1y5e&refid=6222&utm_source=partner&utm_campaign=6222
In this episode, we are diving deep into the brokerage side of trading and investing, and discuss a little bit about which broker is perfect for each individual. But a criticize that point of view as the is a direct correlation between which broker you are using to your trading profitability.
In this podcast episode, we dive deep and talk about the most common question, well maybe not a common but important question to ask - How many trades should you open at once on a certain portfolio.
In today's episode, we talk about how much trading capital should one have at their own exposure when looking to start Trading. Trading is a very complicated and difficult industry but can be a great long-term investment as you know each investment needs a starting capital Trading is not any different from the other as in itself it's a business.
Forex losing streaks are a very common scenario that we as traders, not just forex traders but crypto and stock traders experience or a recession if you will. One can experience it at any time but be prepared when it comes because it will come one way or the other. When it comes it can really mess up with your overall trading psychology which is really detrimental to the future of your trading.
Prop-Firm Or Proprietary trading is a firm/company which funds traders with money as a lack of capital in itself can lead to a downfall in forex trading. Without enough trading funds, you cant go full-time. As time goes by now there are a lot of prop-firms more than 10 companies waiting to fund traders up to 1 million some even 2 million dollars. As always do your own due diligence research as investing does come with a risk. Link to the suggested prop firms FTMO: https://ftmo.com/en/?affiliates=3127MFF: https://myforexfunds.com/?wpam_id=1818
Being Profitable is probably one of the difficult things to attain only a select few get it right. As the stats say 90%+ of retail traders lose money where there was introduced the 90-90-90 rule, 90% of traders lose 90% of their capital in the first 90 days.
Market Manipulation is a term that came up with retail traders as they think large funds, banks hedge are looking or hunting their stop losses just to be logical there is bigger fish to fry. The concept itself is a great sales point and works well as a marketing term.
Often times we as traders look for things that keep our emotions safe when we feel threatened we look for social validation is not any different in real life. Elliott Wave Theory is a trading method used to identify repeating price moves the approach to Elliott Wave is a bit complex the are levels that are considered to be invalidation once price bridges these levels we recount everything which in itself can keep us blind as the methods is never wrong or questioned but the one who is implementing it but it all makes logical sense we are not machines so we can be wrong no method is 100% as markets are constantly evolving.
In this podcast episode we dive deep and talk about whether we should use fundamental analysis or no, short answer no long answer it all depends on how you want to take it when I say no I'm not saying we completely ignore it we do need to keep tabs on the Economic calendar as those invents happen on the daily basis. We are short-term traders things like presidential tweets what are we gonna do about that as markets would have already reacted to it by the time we know about it so pick wisely what you focus on.
In this podcast episode is a segment from one of the famous trader Mark Douglas where he discusses more about traders' psychology.
In this podcast, we talk about the approach to Elliott Wave Theory Trading and the bit on which wave to focus on.
In this podcast episode, we talk about how you can get your forex trading started and the steps you may want to take.
In this podcast, we are going to cover a few forex-related topics and I will be answering forex questions submitted by listeners so to get your analysis answered go to the AggressivetradinShow Twitter feed https://twitter.com/expriencess/status/1523400874168492033?s=20&t=hoIyqglPQ11lLL6ZhumY4A right here and leave your question there.