134: Interview With A Currency Trader Living In Paradise - Jim Brown

from Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders · host Etienne Crete

Currency Trader Interview (Living In Paradise) In episode 134 of the Desire To Trade Podcast, I am sitting down for an in-person currency trader interview with daily chart trader Jim Brown. Living in Da Nang, Vietnam for over 2 years now, Jim has developed a methodology using technical indicators to trade roughly 60 currency pairs on a fairly high timeframe - the daily chart. This trading methodology allows him to reduce his screen time to less than an hour a day, and thus enjoy the beautiful beaches Vietnam has to offer. This currency trader interview covers topics such as how to maximize your lifestyle as a trader, tips for trading the daily charts, how to trade multiple currency pairs, and more! Watch the video interview! Topics Covered In This Episode What Jim Brown is up to 2:30 A day in the life of a daily chart Forex trader 3:50 How Jim is able to follow 60 currency pairs 6:30 How Jim decides what currency pairs to follow 7:55 The process of creating custom indicators 12:40 How Jim Brown tested his trading strategies 16:00 What's the cost of living in Da Nang, Vietnam as a Forex trader 22:25 How Jim handles drawdowns 24:00 The common mistakes people make in applying Jim's strategies (interesting statistics) 26:30 What to do after a losing day on tight stop losses 38:30 Jim's daily average screen time 32:05 How Jim managed to trade with a full-time job in the past 35:15 How long Jim's daily chart trades remain open on average 39:15 And much more… Resources Mentioned Backtesting Software: Forex Tester 3 Backtesting Expert Advisor for MT4: SoftFx Simulator Grab Jim Brown's books w/ free indicators DesireToTRADE Top Resources Desire To TRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy (exclusive training program) How To Find Jim Brown? JagFx Facebook Group Twitter Email What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

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This episode is 52 minutes long.

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This episode was published on March 12, 2018.

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