At just 22 years of age, Pips of Persia (Medi), is at a place in trading Forex that many of us have spent years trying to achieve.
Today you’ll hear him talk about when and why he decided to ditch his indicators and move to a clean chart.
His journey helped him spot where the institutions are playing and how to join their moves for maximum gain.
And remember to check out the video we shot after the interview for step-by-step detail of how it all works.
Podcast Interview
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Interview Links
Instagram – @pipsofpersia
Recommended Books
The Strangest Secret by Earl Nightingale (search for this on Spotify – it’s brilliant!)
Rich Dad, Poor Dad by Robert Kiyosaki
Think and Grow Rich by Napoleon Hill
Broker & Platform
IC Markets
MetaTrader 4
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Mehdi’s Trading Strategy Explained
Key Lessons
[06:37] Because you’re so new in the journey, you can’t help it, you do make those emotional mistakes.
[17:22] When you start to trade on bigger account sizes, naturally, your daily routine could even be very different as well.
[18:13] It’s a very difficult thing to kind of go through a series of losses in your journey.
[19:14] You actually have to have emotions but, you have to not allow those emotions to affect your judgements.
[19:24] A good trader or an investor is someone who has emotional intelligence.
[26:33] Smart Money and Wyckoff, for people who spend their time to learn it, it’s literally a description of how the forex market moves.
[33:54] Define your strategy.
[35:55] Have a guideline for percentage gain or loss per day or week so you don’t over-trade.
[38:47] For that capital to grow, the person holding that capital also needs to grow, also needs to develop.
[41:17] Reading books teaches patience.
[41:33] Don’t hush your emotions. Embrace them. Control them.
[49:12] Be patient both in the learning process and the earning process.
 
