Chat With Traders

015: Joel Kruger – How to Use Leverage in Forex Markets for Your Best Chance of Survival

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Apr 9, 2015
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ANECDOTE

From Law School To FX Desk

  • Joel discovered FX after preferring the trading floor over back-office banking work.
  • He moved from debt capital markets into FX strategy and research before trading his own money.
ADVICE

Master Taking Losses First

  • Learn to take losses and check your ego before risking capital.
  • Flip instincts: be hopeful in winners and fearful in losers to protect capital.
INSIGHT

Profitability Is A Multi-Year Process

  • Becoming consistently profitable took Joel five to six years of focused effort.
  • Trading is a long professional process like any other skilled career.
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