In this episode, Alison and Chris dive into the essentials of building a strong trading foundation. They break down the two fundamental trading approaches—momentum trading and mean reversion trading—and show you how to identify market conditions, spot key patterns, and create a simple yet powerful trading plan. Plus, they share essential risk management tips to protect your capital and maximise your potential. Whether you're a beginner or an experienced trader, this episode is packed with actionable insights to help you understand market behaviour, develop effective strategies, and manage risk like a pro. Watch the full video on YouTube.
A few useful links:
https://www.youtube.com/watch?v=Vi0QKuH5tLU
https://www.youtube.com/watch?v=V5xTl5ImxjE&t=3s
https://www.youtube.com/watch?v=iLlv0lauGyc
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
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I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
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