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Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)
233: $500k Funded Trader Says “Bye, Bye” to Forex & Losing Streaks w/ Austin Silver
Jun 28, 2023
01:00:15
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Quick takeaways
- Transitioning from binary options to forex trading, the speaker discusses the challenges and drawbacks of each, including high leverage and commissions.
- The speaker advocates for trading volatile assets like Bitcoin and SPX due to their liquidity and trend trading opportunities, emphasizing the importance of aligning assets with trading strategies and personal interest.
Deep dives
Transitioning from Binary Options to Forex Trading
The speaker shares their journey of transitioning from trading binary options to forex trading. They initially struggled with binary options, losing money and facing high leverage. They then moved to trading forex pairs, facing challenges with high spreads and commission fees.
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