automated systems

Episode 112: The Best-Kept Secret in Currency Trading

“Trading two systems doesn’t make you twice as rich.” — Chris Davison

In Episode 112, your host Rob Booker speaks with Chris Davison about the best-kept secret in the entire world of currency trading. Rob starts off with a very short series of True or False questions for Chris. Next they reflect on how terrible 2012 was for discretionary traders. Rob asks Chris how 2012 went for his automated trading systems, and they speculate on how successful Chris’s automated trading will (or won’t) be in 2013. Rob reveals what percentage of his trading capital is run by an automated trading system, and some of this episode is enhanced with Rob’s unusual trading metaphors involving hobbits and other fantastical beings.

Links for this episode:

The FX Test.com

Rob on Twitter: @RobBooker

The Traders Podcast on Twitter: @TradersPodcast

E-mail us! Producer@TradersPodcast.com

Episode 46: Making Your Strategy Automatable and Singapore

In this episode, Rob Booker interviews “Mr. Automatable,” James Chen, who educates traders and is the director of technical analysis at FXDD in New York City — one of the premier MetaTrader shops.

Rob talks to James about how he got started in trading and how he got his current position; they discuss the other markets that James watches — in addition to forex. Rob asks James about his move from discretionary trading to non-discretionary trading, and how he gravitated toward an automated set of rules. They discuss the possibility of fully automating a trading strategy and whether James prefers longer term or shorter term trading.

As an analyst and an educator, James travels all over the world, so Rob asks him about the places he’s been in the last few months, and they discuss the wonderland that is Singapore. Robs asks where James finds the most growth right now in forex trading, Asian traders versus U.S. traders, and we hear James’s advice for someone who is looking to trade forex for the first time. Tune in!

FXDD: http://forex.fxdd.com/