Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) cover image

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

222: 8 Years Studying Larry Williams… But He Loves This Trading Book More…

Apr 12, 2023
48:21

Podcast summary created with Snipd AI

Quick takeaways

  • Longer-term strategies are more important than day trading, especially in the Forex market.
  • Breakout strategies, particularly on yen pairs, with stop-and-reverse techniques can be effective in capturing trends.

Deep dives

Key Points from the Podcast

1. Jared Goodwin, also known as the Transparent Trader, discusses his trading journey and the strategies he has developed over the past eight years.

2. Goodwin emphasizes the importance of focusing on longer-term strategies rather than day trading, particularly in the Forex market.

3. He highlights the effectiveness of breakout strategies, particularly on yen pairs, with stop-and-reverse techniques to capture trends.

4. Goodwin stresses the need for thorough testing and robustness in strategy development, including using out-of-sample data.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode