The Trading Lifestyle Podcast: Trading Heroes Forex Trading Blog | Pro Trader Interviews

Welcome to this episode of The Trading Lifestyle Podcast. In this episode, I sat down with Colin Jessup and found out exactly how he went from working in a warehouse to trading Forex for a living.

But that's not all, he has also become a trading mentor and will be opening his own fund soon. We talked about many different topics, but what I found the most interesting was his take on how to transition from a day job to actually trading for a living.

In the interview, he outlines what he believes is the amount of money that the average person will need to be making trading to even consider making quitting their job. He also shares how he did it and when he knew it was the right time to make the leap.

He now trades from his lakeside home in Canada and loves the fact that he his his own boss. This is also an exciting time for him because it is getting ready to open his own fund and he talks about how that is going and why he decided to do it.

What I liked the most about talking with Colin was his down-to-earth personality and practical outlook on trading. I hope you enjoy this interview as much as I enjoyed doing it.

If you have any comments or questions for Colin, feel free to leave a comment at the bottom.

In This Episode:

• Colin names the mentor responsible for making him a successful trader
• What happened to his account a PFGBest
• How he started with $800 and no clue what he was doing
• The two biggest things that he sees beginners doing wrong
• What he does to constantly improve his trading
• How his lifestyle has changed since quitting his day job
• And more!

Click Play To Listen To The Interview Resources Mentioned:

• Colin backtests with Forex Tester
• Walter Peters' site: FXJake
• Learn from Colin's recorded videos

Other Ways To Get The Trading Lifestyle Podcast:

• Click here to subscribe via iTunes (if you like it, a five-star review on iTunes is great appreciated!)
• Click here to subscribe via RSS (non-iTunes feed)
• Click here to hear the other episodes
• Right-click here and “Save As” to download the MP3

Disclosure: Some of the links above are affiliate links in which I get a commission if you purchase through those links. It doesn’t cost you anything extra and part of my commission goes to support my charity partner.

The post EP6 // How Colin Jessup Went From Warehouse Worker to Professional Fund Manager appeared first on Trading Heroes.

Managing money is one way to become a professional trader. But the process can be confusing and sometimes a little scary.

After all, you don't want to do anything wrong.

Of course, this podcast is for education purposes only and is not legal or trading advice.

However Justin Hertzberg works with quite a few CTAs (Commodity Trading Advisors) and was generous enough to share his experience with them, so you understand how the general process works and where to get started.

He is the president and CEO of Forest Park FX, a CFTC registered/NFA member introducing brokerage firm. After working for several Forex and equities brokerage firms as both trader and in-house counsel, he launched Forex Park FX in early 2013.

In 2008, He left the traditional practice of law to pursue a career in trading. Forest Park FX works with forex traders and money managers to create customized brokerage and trading solutions to suit their individual needs and concerns.

The company's offerings include cash back rebates for retail clients, algorithm development, and brokerage support for money managers and CTAs, among others. He began his career as a commercial and securities litigator for a large law firm after obtaining his juris doctorate and finance MBA from the University of Miami.

Obviously, money manager requirements will vary by country and Justin is talking about US traders in this interview. But regardless of where you live, this interview can at least point you in the right direction and help you ask the right questions.

We also chat about what Forex Park does for their clients and how broker rebates work. Since they are an Introducing Broker and not a primary broker, they have a lot more flexibility.

They can also be more forthcoming about what is really good for clients, since they have a variety of brokers and services to choose from. On the other hand, brokers like FXCM only have one product (basically), so that is what they will try to sell you.

Forest Park does their best to find out what the trader needs and steers them to the right broker.

If you have ever wondered about rebates, Justin and I get into that too. Learn how they handle rebates and their stance on what clients should get.

This is a very informative interview, so I hope you get as much out of it as I did!

In This Episode

• When you should become a CTA
• When you might not want to become a CTA
• CTA requirements
• How to choose a broker
• Educational backgrounds of money managers they work with
• And more!

Click Play to Listen to the Interview Resources Mentioned

• Forest Park FX (US traders)
• Forest Park FX (Non-US traders)
• NFA
• CFTC
• Becoming a CTA
• Call Justin at: +1 (561) 922-7616
• For questions: [email protected]

Other Ways To Get The Trading Lifestyle Podcast

• Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated)
• Click here to subscribe via RSS (non-iTunes feed)
• Right-click here and “Save As” to download the MP3
• Click here to hear all of the other podcast episodes

Thanks for Listening!

I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below.

If you know of a trader who would benefit from any of the information in this post, feel free to use the social media share buttons on this post. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated!

The post Justin Hertzberg: How to Become a CTA, Best Forex Brok...

Joel Kruger started his professional career on a path that you might be able to relate to.

He initially went to law school and later became an investment banker.

That may not be a common career path, but many people who get into trading come from some sort of high-level profession. So if this describes you, and you don't want to be in that profession anymore, this interview might give you an alternative.

When Joel saw a trading floor for the first time, he was hooked. His career in trading started as a currency analyst and he was eventually able to make the jump to full-time trading.

But it wasn't easy. He admits that even though he knew how to analyze markets, trading them is a totally different story.

There were several times when he wanted to quit. Find out why he stuck with it, what he has learned, the most important trait that he sees in successful traders and much more.

So if you are an investment banker, it's not too late. If you want an alternative to the crazy hours, Joel's story might be an option that interests you.

Enjoy!

In This Episode

• The biggest problem with the Forex market
• Why Forex is the best market to trade
• How to raise money with your trading skill
• Why the size of your account does not matter
• Joel's outlook on life and how that determines his trading style
• Why ADHD can be a benefit to traders
• And more!

Click Play to Listen to the Interview Resources Mentioned

• Paul Tudor Jones
• Market Wizards
• Reminiscences of a Stock Operator
• Ugly Americans
• Narcos – One of Joel's favorite TV shows, at the moment.

Other Ways To Get The Trading Lifestyle Podcast

• Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated)
• Click here to subscribe via RSS (non-iTunes feed)
• Right-click here and “Save As” to download the MP3
• Click here to hear all of the other podcast episodes

Thanks for Listening!

I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below.

If you know of a trader who would benefit from any of the information in this post, feel free to use the social media share buttons on this post. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated!

Also be sure to check out the resources page for tips on the best education, FX trading software and more.

Disclosure: Please note that some of the links below are affiliate links, and at no additional cost to you, I will earn a commission if you decide to make a purchase. I have experience with all of these people/products, and I only recommend them because they are helpful and useful, not because of the small commission I make if you decide to buy something.

The post EP24 // Joel Kruger: Investment Banker Turned Pro Forex Trader appeared first on Trading Heroes.

Hello and welcome to another episode of The Trading Lifestyle Podcast. I hope you are enjoying your holiday season and are celebrating your successes from this past year.

In this episode, I had the pleasure of sitting down and talking with Reynaldo Soriano a professional trader and educator in the San Francisco Bay Area. I found him through his Meetup group and I wanted to find out how he became a professional trader.

He was a member of the Australian national Taekwondo team and when you look at his website, sports still play a big role in his trading and teaching. I like how he compares trading to sports, in that both take a lot of work and there is no guarantee of success.

Our conversation covered a lot of really interesting topics like his daily trading routine, his most important value and the one thing that will always overule his mechanical trading setups.

I appreciate how open and honest he is in this interview. He even shared that at his low point, he would go to his parents house to visit a lot. They thought he was there to seem them, but he was really there to get some free food because he had lost most of his money trading.

But like all successful traders I have talked to, he figured out a way to not only improve his trading, but also his wealth awareness, to become consistently profitable. One thing that I did find surprising was how much he risks on high probability trades. He knows his trades setups so well that he knows which trades have a near 100% probability of working.

I hope you learn a lot from this interviews and enjoy listening to it as much as I enjoyed doing it. I did have a slight cold, so I apologize for any sniffles in the recording.

If you have any questions or comments, please feel free to leave them in the comments section at the end...

In This Episode

• Find out what Reynaldo studied in school
• Why he holds trading contests
• Why Forex is the best market to learn trading
• The role that intuition plays in his trading
• Why he stopped day trading
• And more!

Click Play To Listen To The Interview Resources Mentioned

• Enlightened Super Trader Education
• Enlightened Super Trader Meetup (SF Bay Area)
• Forex4Noobs
• Brain Games (National Geographic)
• Anthony Robbins
• Millionaire Mind Intensive
• Follow Reynaldo on Twitter

Other Ways To Get The Trading Lifestyle Podcast

• Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated)
• Click here to subscribe via RSS (non-iTunes feed)
• Right-click here and “Save As” to download the MP3
• Click here to hear the other podcast episodes
• Available on Roku – Channel TFEX6

The post EP18 // How Reynaldo Soriano Makes A Living Trading 1 Hour A Day appeared first on Trading Heroes.

What I love about doing these Podcasts is finding out the real story behind how these Traders were able to break through and start trading full-time. You rarely hear about these stories, especially if someone is just trading their own account.

A perfect example is today's guest, Lynette Allen. I originally heard about her through Adam Jowett and soon after, I checked out her blog and started following her on Twitter.

The thing makes a blog really interesting to me, is if the author can put a unique spin on a topic. The more unique the spin, the better. Her blog falls into this category.

First off, she had more links to other types of blogs than links to trading blogs. I found that refreshing. In particular, she has a nice list of Minimalist blogs that she follows.

If you don't know what Minimalism is, it is basically a way of living where you evaluate everything in your life and only keep what is essential and what you absolutely love.

She attributes part of her success in trading to this concept. To find out more, check out her recommended sites in the show notes below.

The next things that stood out were that she is young (no, I'm not daft enough to ask her age) and that she trades off of line charts. Interesting...

So I was really happy when she agreed to sit down with me and chat for a bit. Just like the other Traders that I have talked to, Lynette truly loves trading and her story is very inspiring. She is out to prove that you don't need to be old or have a formal education to trade for a living.

I think you will really enjoy this episode!

Note: We did have a slight connection problem, but stick with it because there is a ton of excellent information.

In This Episode:

• How Timothy Sykes inspired Lynette to get started in trading
• The top 2 traits that she feels people need to have to be a successful trader
• Why she switched from trading stocks to Forex, even when she was trading stocks well
• The time frames she trades on
• What she does to make time to test and trade
• Back testing or forward testing?
• She makes a living only trading one currency pair, find out which one it is
• The sign that she got to give full-time trading a chance
• And more!

Click Play To Listen To The Interview

If you have any questions for Lynette, feel free to ask them in the comments section or check the link to her blog in the resources section below.

Resources Mentioned:

• Recommended Minimalist blogs:
  • Uncluterer.com
  • BecomingMinimalist.com
  • BeMoreWithLess.com
  • ZenHabits.net
  • mnmlist.com
  • FAQ about Minimalism
• Wall Street Warriors
• Follow her on Twitter

Other Ways To Get The Trading Lifestyle Podcast:

• Click here to subscribe via iTunes (if you like it, a five-star review on iTunes is great appreciated!)
• Click here to subscribe via RSS (non-iTunes feed)
• Click here to hear the other episodes
• Right-click here and “Save As” to download the MP3

The post EP8 // How Lynette Allen Combines Minimalism, Line Charts And Only One Currency Pair To Trade For A Living appeared first on Trading Heroes.