<p>Fx specialist David Leaver shares his wealth of trading experience in the global markets from London based US banks to high powered ‘eat what you kill’ trading houses (that only pay you a % of what you earn for them). David has "been there, seen it and done it" having experienced the highs and lows of a speculators journey yet STILL retains his love for the trading "game". He offers sound advice that you can’t but help hear his passion and the good trading sense he has built up over the years through thousands of trades. How good is David? At his best, he was making 75% winning trades! (That is a phenomenal record). These days with the introduction of market making "bots" it is not as high, however, he still sees plenty of opportunity to make good money!</p> <p>The main takeaways for anyone looking to improve their trading here are: Have a plan, Execute it well and Control your risk....then repeat and refine your good habits. All traders, especially the newbies, can learn how to plan their trading system, look for discipline in rules, calm your mind when losing and enjoy the winning. Be honest, do the hard work (you need to enjoy it too), follow the process and stick to your plan. Look at the numbers where you are losing and where you are winning. They don’t lie. Adjust accordingly to improve your chances of success.&nbsp;</p> <p>Note: Whilst recording the podcast, David was trading and monitoring his positions. If you listen to his voice, he is relaxed and in control. (The signs of someone who knows exactly what he is doing).&nbsp;</p>

55 East Revelations

Nigel Pope

Episode 4: David Leaver talks FX trading - "The numbers never lie" so "Give yourself a chance to succeed"

NOV 19, 201942 MIN
55 East Revelations

Episode 4: David Leaver talks FX trading - "The numbers never lie" so "Give yourself a chance to succeed"

NOV 19, 201942 MIN

Description

<p>Fx specialist David Leaver shares his wealth of trading experience in the global markets from London based US banks to high powered ‘eat what you kill’ trading houses (that only pay you a % of what you earn for them). David has "been there, seen it and done it" having experienced the highs and lows of a speculators journey yet STILL retains his love for the trading "game". He offers sound advice that you can’t but help hear his passion and the good trading sense he has built up over the years through thousands of trades. How good is David? At his best, he was making 75% winning trades! (That is a phenomenal record). These days with the introduction of market making "bots" it is not as high, however, he still sees plenty of opportunity to make good money!</p> <p>The main takeaways for anyone looking to improve their trading here are: Have a plan, Execute it well and Control your risk....then repeat and refine your good habits. All traders, especially the newbies, can learn how to plan their trading system, look for discipline in rules, calm your mind when losing and enjoy the winning. Be honest, do the hard work (you need to enjoy it too), follow the process and stick to your plan. Look at the numbers where you are losing and where you are winning. They don’t lie. Adjust accordingly to improve your chances of success.&nbsp;</p> <p>Note: Whilst recording the podcast, David was trading and monitoring his positions. If you listen to his voice, he is relaxed and in control. (The signs of someone who knows exactly what he is doing).&nbsp;</p>