78: The Secret Edge Every Bodybuilder Has That Every Trader Needs w/ Paul Weidner

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Paul Weidner is our guest this week. He’s a Forex trader from Milwaukee in the USA.

What makes Paul different from every other trader I’ve had on the show is that he’s a body builder.

He takes this very seriously (as you can see from the photo above) and in the show he tells us why body building helped him, not only improve his trading results, but become a full time Fx trader.

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Podcast Interview

Interview Links

Instagram – @PaulWeidner94
YouTube – TradingwithPaul

Paul Explains His Strategy

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Key Lessons

[08:04] I think perspective and journaling my trades is definitely the game changer for me.

[16:47] Trello is a huge, huge tool out there that you should be using.

[27:26] If a trade’s not moving as well as I wanted to… I’d probably secure that 85% sooner then letting it go.

[29:20] If I could win one trade on GBPJPY every day, that’s all I need.

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[29:32] It’s just easier to really focus on one pair and just get really, really good at it.

[31:38] That’s why trading was so perfect because I can make my own schedule.

[35:59] If you have a dream and you want it, you just have to consistently work towards it everyday and you’ll get there.

[37:08] Always trust the chart.

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[37:43] Get a plan, stick to it, and keep it super simple.

[39:44] The confidence in your trade and your analysis, is what’s going to help you get consistent too.

[42:45] The market’s different every day.

[45:40] If you really want to do it, don’t quit or give up and don’t blame the market.