The FXScouts podcast helps beginner Forex traders get the best start to their trading careers. With years of experience in the world of Forex trading and writing broker reviews, we have unique insight into how to start trading, tips and tricks, and advanced trading strategies. Traders can learn from our experience and make better financial decisions. We cover a range of topics, including how to choose a Forex broker, safety and regulation, how to reduce your risk, trading psychology, trading platforms, and trading strategies, among others.
All content for Let’s Talk Forex with Alison and Chris is the property of FxScouts and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The FXScouts podcast helps beginner Forex traders get the best start to their trading careers. With years of experience in the world of Forex trading and writing broker reviews, we have unique insight into how to start trading, tips and tricks, and advanced trading strategies. Traders can learn from our experience and make better financial decisions. We cover a range of topics, including how to choose a Forex broker, safety and regulation, how to reduce your risk, trading psychology, trading platforms, and trading strategies, among others.
143. Forex Trading Myths EXPOSED: The Truth Every Trader Must Know
Let’s Talk Forex with Alison and Chris
9 minutes
2 months ago
143. Forex Trading Myths EXPOSED: The Truth Every Trader Must Know
Think Forex is all about finding the perfect strategy, getting rich overnight, or that anyone can do it? Think again.
In this episode of Let’s Talk Forex, Alison and Chris bust the biggest myths that keep traders stuck, frustrated, or losing money. From the truth about strategy and psychology, to why risk management matters more than flashy setups, this is the real talk every trader needs to hear. What you’ll learn in this episode:
Why strategy is only 20% of the game (and psychology is the other 80%)
Why not everyone is cut out for trading—and how to know if you are
The reality behind “easy money” promises in Forex
How proper risk management keeps you in the game long enough to win
Whether you’re a beginner or already trading, this episode will help you see Forex for what it really is—and what it takes to succeed.
If you prefer to watch rather than listen, you can (as always) find the episode on YouTube as well: https://youtu.be/FIowqtLDFAU
FxScouts Disclaimer:
Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
Let’s Talk Forex with Alison and Chris
The FXScouts podcast helps beginner Forex traders get the best start to their trading careers. With years of experience in the world of Forex trading and writing broker reviews, we have unique insight into how to start trading, tips and tricks, and advanced trading strategies. Traders can learn from our experience and make better financial decisions. We cover a range of topics, including how to choose a Forex broker, safety and regulation, how to reduce your risk, trading psychology, trading platforms, and trading strategies, among others.
