Jeff Delorbe, a trader from Boston, USA, shares his journey to becoming a profitable trader over the past two years.
Jeff discusses the significant changes he made, such as dedicating extensive time to studying charts and trading strategies independently, which led to his breakthrough in 2022. He highlights the importance of psychology, risk management, and consistency in trading.
Jeff also emphasizes learning from losses and maintaining discipline.
Podcast Interview
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Interview Link
Instagram – @jeffreypapeleta
Recommended Books
The Forex Mindset by Jared Martinez
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Key Lessons
[07:33] If you don’t care about the money and you just learn, learn, learn, the money is going to come by itself.
[08:55] The thing is people want to finish the day with a W. You need to learn how to lose.
[09:10] Losing is [part of the game], you need to figure it out by yourself and people don’t know that.
[11:08] Never give up. This is not a fast process. It takes time.
[14:41] You need to first look at the chart, study how price moves and then you make a plan.
[16:25] You need to learn yourself how to enter and exit the trade.
[20:34] When you lose your money, it hurts. When you lose a funded account, it’s not going to hurt too much.
