WHY THERE ARE NO BILLIONAIRE TRADERS: How to Get Rich Instead! ?

Published on September 24, 2020

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In this Forex trading vlog, I answer a question I received on Youtube concerning why we don’t see billionaire traders in Forex or any other markets. Vlog #531

Watch Next:
– Make an 8-figure salary working for a prop firm: https://youtu.be/dXmUdC_tQxU
– Multi-millionaire fund manager interview (Marc Faber): https://youtu.be/_L80GbzUjrA
– Millionaire investor interview (Jim Roger): https://youtu.be/YhaH3bQHcbs

? FREE Training “Get Funded & 50x Your Trading Capital!”: https://d2t.link/PropFirmTrader

Check out the Desire To Trade Merch: https://d2t.link/merch (use the promo code YOUTUBE10). All profits go to charity.

// SOCIAL
Forex Trader Community (Facebook Group): https://d2t.link/FBgroup
Facebook: https://www.facebook.com/desiretotrade/
Twitter: @desiretotrade
IG: @etiennecrete

// TRADING MUST-HAVE RESOURCES
Forex Brokers:
AxiTrader: https://d2t.link/axitrader
Pepperstone: https://d2t.link/pepperstone
Best Platform: https://desiretotrade.com/tradingview
Backtesting Tool: https://desiretotrade.com/soft4fx
VPS (for algo trading): https://desiretotrade.com/vps
Trading Journal: https://desiretotrade.com/journal

// MUSIC
David Cutter Music – http://www.davidcuttermusic.com
Andrew Applepie – https://andrewapplepie.com/

// ABOUT ME
My name is Etienne Crete (from Montreal, Canada). I’m a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.

I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That’s why you can expect more free content from me than what other people charge for!

If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you’re good at.

// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.

// AFFILIATE
The camera I use (Canon EOS M6) http://geni.us/9ZQgs
GoPro: http://geni.us/nIXw
The tripod I use: Sirui 3T-35K http://geni.us/lpJq
What I use to edit: Final Cut Pro (Mac)

AFFILIATE LINKS
Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. I always disclose this information when it is the case. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn’t affect you in any way in the checkout process (I’m sometimes even able to arrange a discount for you that is special from other customers).

WHY THERE ARE NO BILLIONAIRE TRADERS: How to Get Rich Instead! ?

Forex Algorithmic Trading Kingdoms, WHY THERE ARE NO BILLIONAIRE TRADERS: How to Get Rich Instead! ?.

Is algo trading successful?

With algo trading, the professions are implemented in portions of seconds, with accuracy and without the impact of such human interventions. Because of the premium technology and the advantages, algo trading is rather successful.

Recommended Book for Algorithmic Trading

Algorithmic Trading: Winning Strategies and Their Rationale

Book by Ernest P. Chan

WHY THERE ARE NO BILLIONAIRE TRADERS: How to Get Rich Instead! ?Praise for Algorithmic Trading “Algorithmic Trading is an insightful book on quantitative trading written by a seasoned practitioner. What sets this book apart from many others in the space is the emphasis on real examples as opposed to just theory. read more…

 

Originally Published: 2013
Author: Ernest P. Chan

Covering the Fundamentals of Automated Trading System Style

Several algorithmic Trading Systems Available

Pick from among our trading systems either The Swing Trader, S&P Crusher, The Wave Trader or The Expert Trader Suite. Each generate page reveals the live/walk-forward and the in-sample back-tested reports. These black-box, digital trading systems are completely automated to produce alpha while trying to lessen danger.

Several Trading Algorithms Interacting

Our quant trading method has us employing numerous algo trading techniques in order to much better expand your auto trading account. Learn more by seeing our trading techniques layout method page.

Trades Throughout Bear & Bull Markets

In our point of view, the key to developing a mathematical trading system that actually works, is to account for numerous market problems. Any time, the market can transition from a bull to bear market. By taking a market instructions agnostic setting we are trying to surpass in both Bull & Bearish market problems.

Fully Automated Trading Systems

You can auto trade our algorithmic trading software program utilizing an auto-execution broker (with best-efforts). We have numerous brokers for you to select from. Remove psychological based choices from your trading by utilizing our automated trading system.

Does Algorithmic Trading Work?

Track the day-to-day progression of our quantitative trading formulas with the OEC broker application. You will additionally get day-to-day statements from the NFA Registered clearing firm. Full algorithmic trading instances are published for all to see. Intend to see some statements from online accounts? Visit the online returns & statements page.

Several Quant Trading Methods

Our quantitative trading systems have actually various expectations based upon the predictive formulas utilized. Our Automated Trading Systems will position swing professions and day professions. These 100% Quantitative Methods are based purely on technological indicators and pattern acknowledgment formulas.

Find Interesting Stories Related to Forex Algorithmic Trading Kingdoms and Financial market news, evaluation, trading signals and Foreign exchange investor testimonials.

Financial Alert:

Our service includes products that are traded on margin and lug a danger of losses in excess of your deposited funds. The products might not be suitable for all capitalists. Please guarantee that you completely recognize the dangers involved.

Category: Algorithmic Trading Submitted by: MateoKarter

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