Aaron Luce, a dedicated full-time gold trader, has embraced the nomadic lifestyle of a traveler trader, leveraging the freedom that trading affords him.
In our insightful interview, we delve into the challenges of navigating the dynamic world of trading amidst constantly shifting time zones, particularly exploring the nuances of trading “Down Under.” Aaron generously shares a valuable hack tailored for multi-timeframe traders who are always on the move. Additionally, we explore his transition from trading gold with Contracts for Difference (CFDs) to the more intricate realm of Gold Futures contracts.
What sets Aaron apart is his unique trading approach, which has enabled him to sidestep stop loss hits over the past four months. Tune in to discover the precise strategies and techniques he employs to achieve this impressive feat.
For a deeper understanding of Aaron’s methodology, don’t miss the opportunity to watch his strategy video below. It’s a must-see for anyone looking to enhance their trading skills and glean insights from a seasoned professional.
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Aaron’s Trading Strategy
[13:42] With other businesses and avenues in life, the more you go all in, the better it’s going to be, but in trading, you have to have balance.
[15:53] Chart time in the beginning is amazing, but sitting there watching live price action do nothing is probably one of the worst things you can do.
[16:55] You have to have a trading plan.
[19:37] If you want to go from full-time working to full-time trading, swing trade and then day trade.
[43:42] In trading, the ultimate saying is – “keep your losses small”.
[46:10] Everyone wants to predict where the market is going to go. You just have to react to it.
[46:19] Just trade what you see.
[48:04] As long as what you got you know works overtime, forget about what everyone is doing. It doesn’t matter.
[48:09] You’re on your own journey, your own trading path, planning your own plan and just stick with that.
[51:33] If you can trade successfully just trading support and resistance, that tells you that the issue with most traders isn’t their technicals.
[52:03] The hardest part in trading is managing your emotions.