Introducing Tom, an extremely experienced Forex trader and founder of Simply Forex.
With a remarkable 15 years of practical experience in the Forex market, Tom has honed his skills, demonstrating an unwavering commitment to self-trading while employing an exceptional hedging strategy. This carefully developed approach has not only enabled him to generate consistent profits but has also provided him with the means to sustain a lucrative full-time income.
Tom’s remarkable success story is one that encapsulates the resilience and determination required to thrive in the realm of Forex trading. As he shares his journey, Tom imparts invaluable insights into his unique hedging strategy and the intricacies of his price action trading method. By delving into these distinctive techniques, he aims to empower aspiring traders, arming them with the knowledge and tools necessary to achieve their own financial goals in the dynamic world of Forex trading.
Podcast Interview
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Interview Link
YouTube – @simplyforex
Tom’s Hedging Strategy
Broker & Platform
Tom’s recommended Forex Broker & Platform
Key Lessons
[09:36] You need to spend a lot of screen time understanding market structure and trends and how they move.
[17:24] Trading, you can buy, sell or stay out of the market and if it’s not clear, don’t trade.
[21:20] You’re going to have times where you have 3 or 4 bad trades, just keep on trading your strategy.
[29:46] Trading can be a quite a lonely pursuit.
[35:43] If you want to get good at something, you got to put the time in.
[51:22] Just focus on these 2 things (Discipline and Patience) and keep it simple.