The Trading Lifestyle Podcast: Trading Heroes Forex Trading Blog | Pro Trader Interviews - EP13 // Steve From No Brainer Trades And The Only Thing You Need To Remember When Trading

EP13 // Steve From No Brainer Trades And The Only Thing You Need To Remember When Trading

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02/05/14 • -1 min

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

Hello traders, I'm very happy to be back with another episode of The Trading Lifestyle Podcast and I was fortunate to be able to interview Steve W. from No Brainer Trades. If you have been trading Forex for awhile, you have probably heard of Steve because his blog provides traders with a ton of quality free information.

Like several of the other people that I have interviewed before, Steve didn't originally set out to become a trader. He basically just needed a job and found one as a clerk at an investment bank in New York. This happened while Steve was still in college and he was actually studying for a degree in business for film and TV.

Being a clerk sparked his interest however and he started learning everything he could about trading. This lead to him becoming an analyst and the rest is history.

He has been trading professionally for about 7 years and has a very no-nonsense approach to trading. He primarily trades price action and in the interview, he talks about the key factors that new traders really need to understand in order to become successful.

I hope you find this interview very useful. It is almost an hour long and packed with some great insights into how Steve approaches trading and what he has learned over the years.

So make yourself comfortable, get out your notebook and pour your favorite drink. Enjoy!

In This Episode

Why you want to trade like a cheetah
The primary reason for most of his losses
His path to a FX desk at a bank
Why he was forced to change his trading over the years
Where the hidden information is located in the charts
Which overused expressions are actually true
One of the biggest killers of retail trading accounts
What Steve finds the most fun about trading
And more!

Click Play To Listen To The Interview Resources Mentioned

Learn more from Steve's course at FXS Analytics
Read the other interviews with Steve at Informed Trades and InnerFX
Contact Steve via 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 greatly appreciated!)
Click here to subscribe via RSS (non-iTunes feed)
Click here to hear the other podcast episodes
Right-click here and “Save As” to download the MP3
Also available on Roku – Channel TFEX6

Do you have any questions for Steve? Ask him in the comments below.

The post EP13 // Steve From No Brainer Trades And The Only Thing You Need To Remember When Trading appeared first on Trading Heroes.

Being a clerk sparked his interest however and he started learning everything he could about trading. This lead to him becoming an analyst and the rest is history.

I hope you find this interview very useful. It is almost an hour long and packed with some great insights into how Steve approaches trading and what he has learned over the years.

So make yourself comfortable, get out your notebook and pour your favorite drink. Enjoy!

In This Episode

Why you want to trade like a cheetah
The primary reason for most of his losses
His path to a FX desk at a bank
Why he was forced to change his trading over the years
Where the hidden information is located in the charts
Which overused expressions are actually true
One of the biggest killers of retail trading accounts
What Steve finds the most fun about trading
And more!

Click Play To Listen To The Interview Resources Mentioned

Learn more from Steve's course at FXS Analytics
Read the other interviews with Steve at Informed Trades and InnerFX
Contact Steve via 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 greatly appreciated!)
Click here to subscribe via RSS (non-iTunes feed)
Click here to hear the other podcast episodes
Right-click here and “Save As” to download the MP3
Also available on Roku – Channel TFEX6

Do you have any questions for Steve? Ask him in the comments below.

The post EP13 // Steve From No Brainer Trades And The Only Thing You Need To Remember When Trading appeared first on Trading Heroes.

Previous Episode

Chris Capre: This Transformed Him Into a Pro FX Trader From a Yoga Teacher // EP12

Chris Capre – Buddhist, Trader, Philanthropist When you buy something through one of the links on our site, we may earn an affiliate commission.

Chris Capre started off wanting to be a Yoga instructor for the rest of his life, but a friend had an intuition about him...

His friend felt that Chris would be a good currency trader...and he turned out to be right!

Chris says that as soon he started looking at the charts, they seemed to make sense to him.

That's not to say that he did not endure some tough times too, but from a very early stage, he knew that he had found his calling.

Even though he was very successful at the beginning, he went through the process of being a broker, then a hedge fund trader, then an independent trader and educator.

He never intended to become a Forex mentor, but he was getting so many requests to be taught, that he decided to build a business around it and he started 2nd Skies Forex.

It was interesting to hear about his experiences with students and what makes some successful.

I hope you enjoy this interview and learn a lot from it.

Chris is a great guy to talk to and I love the fact that trading has provided him a way to give back to causes he believes in and make the world a better place.

In This Episode

How Chris learned about Forex trading
Why you are lucky to be a trader now
The biggest lesson he learned from being a hedge fund trader
Why the USD/JPY is so hard to trade for traders in the US
Learn how much he made on a $3,000 account in 6 months
Find out how he landed a job at a hedge fund, as a trader
Why looking at a chart for 3 seconds may help you make a better assessment of the market
How to tell when someone has a working mastery of trading
And more!

Click Play to Listen to the Interview with Chris Capre Resources Mentioned

The Advanced Price Action Course – I highly recommend this course if you want to learn price action
Advanced Traders Mindset Course – One of the few really good courses for cultivating a successful trading mindset
Advanced Day and Swing Trading Course for Stock Traders – Learn how to trade stocks
Recommended Books:
- How to Trade in Stocks (Jesse Livermore)
- Jesse Livermore: World's Greatest Stock Trader (Richard Smitten)
- The Amazing Life of Jesse Livermore (Richard Smitten)
- Richard Wyckoff
- The Hour Between The Dog and the Wolf (John Coates)
- YogaBooks
  - Rodney Yee's Yoga for Beginners (Rodney Yee)
  - Yoga for Beginners Boxed Set (Michael Wohl)
  - Restorative Yoga Practice (Deborah Donohue)
- Meditation
  - Buddha's Brain (Rick Hanson)
  - Stilling the Mind (Alan Wallace)
Causes Chris Supports:

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 greatly appreciated!)
Click here to subscribe via RSS (non-iTunes feed)
Click here to hear the other episodes

Next Episode

EP14 // How Casey Stubbs Went From Computer Geek To Forex Trader

You never know how much of an influence some of your early life experiences will have on your adult life and this interview is a perfect example. Casey Stubbs helped his father setup his first modem that allowed him to get basic stock charts on his computer. From there, Casey was hooked on trading and he actually got quite good at it.

I have tweeted with Casey a few times over the last couple of years on Twitter, but I have never actually spoken to him in person. So I was glad that I had the opportunity to sit down and chat to find out how he got to where he is and what he is up to.

His blog has really taken off over the last few years and that has presented him with some great opportunities. This is something unique amongst traders, so I was also excited to talk to him about how is blog is doing and how it has helped him become a better trader.

After learning the stock market, he decided to tackle the foreign exchange market because he liked the hours and liquidity...among other things. So find out what you can learn from his experiences and how you can apply them to your own trading.