Today, we have the pleasure of introducing you to Jarrod Goodwin, an ex-mechanic turned Forex trader, Jarrod has an impressive portfolio of automated trading strategies that he’s developed over the past eight years. His dedication to the craft has led him to study strategies from top traders around the world, including the legendary Larry Williams.
In this video podcast, you’ll get an exclusive peek into Jarrod’s transparent approach to trading, along with some valuable insights into a book he highly recommends (hint: it’s not by Larry Williams). And if that’s not enough, make sure you stick around for the bonus video, where Jarrod takes you through two of his favorite trading strategies, including the highly sought-after “Smash Day” technique made famous by Larry Williams himself.
Whether you’re a seasoned trader or just starting out, this is a podcast you won’t want to miss. So, sit back, grab your notebook, and get ready to learn from someone who’s learned from the best in the business.
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Entry and Exit Confessions of a Champion Trader by Kevin Davey
[21:11] Algorithmic trading strategies are very different to something you have ever tried to manually trade on the charts.
[31:21] Stay away from short-term strategies, sort of day trading strategies.
[31:49] Stay away from trading intraday. Let your trades last 2-3 days to 3 weeks.
[32:05] You’re really going to struggle if you will just be looking at intraday trading within Forex.
[32:46] The longer that you can stay in a trade, the more profit is available to catch.
[33:03] Find someone’s ideas and just start testing them.
[42:17] Just keep on going and you will find something that works.
[45:28] Try and work out what sort of a trader you wanted to be.