50 min

Currencies Trading with Pip Czar, Blake Morrow, Ep #136 How To Trade It: Trader Insight from Profitable Traders

    • Investing

Blake Morrow, the CEO and co-founder of ForexAnalytix, has over 20 years of trading experience and has been a co-owner of a Dallas-based brokerage firm and LiquidTrader Technologies. He spent over 14 years hosting a popular Forex and trading online show, “The Morning EDGE”, where he spent his day trading with and teaching other traders to navigate through the markets. Blake is a seasoned individual investor in both equities and Forex. He is a husband, father, avid golf hacker, and a proud Marine Infantryman (3rd Battalion 9th Marines, 1990-1994). In this episode of How To Trade It, Blake discusses volatility and the importance of good risk management. You don’t want to miss it!
Subscribe to How To Trade It

Episode Sponsor:
A new type of trading with Kalshi. Check it out to get started today.

You’ll want to hear this episode, if you are interested in…
[06:20] Fractionals[16:47] Size matters[31:05] The problem with social media[39:30] Weekly strategy[41:32] It’s like playing chessThe break that jump started my trading career
By the mid ‘90s, I found myself living off of my savings and existing on Ramen and PB&Js. Not really a great place to be. At some point, my buddy and I each got $50,000 from an investor, which I quickly took down to $20,000, in about six months. Then one day, it was as if I hit the lottery. I found a stock that was trading at around $8, and it quickly went to $120.  I had some big positions and FINALLY made some money. Fractional shares saved me!  They were everywhere, and they made scalping a lot easier. 

Risk Management
Like many traders, when I first started, I only cared about the profits. I wasn’t concerned with managing risk, and I definitely didn’t have a plan in place to deal with it. With 20+ years of experience, now the
Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.
Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts  
Support the show
Connect with Casey:
Website: https://caseystubbs.com YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategy LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Global Prop Trader: https://globalproptrader.com/ Email: podcast@tradingstrategyguides.com

Blake Morrow, the CEO and co-founder of ForexAnalytix, has over 20 years of trading experience and has been a co-owner of a Dallas-based brokerage firm and LiquidTrader Technologies. He spent over 14 years hosting a popular Forex and trading online show, “The Morning EDGE”, where he spent his day trading with and teaching other traders to navigate through the markets. Blake is a seasoned individual investor in both equities and Forex. He is a husband, father, avid golf hacker, and a proud Marine Infantryman (3rd Battalion 9th Marines, 1990-1994). In this episode of How To Trade It, Blake discusses volatility and the importance of good risk management. You don’t want to miss it!
Subscribe to How To Trade It

Episode Sponsor:
A new type of trading with Kalshi. Check it out to get started today.

You’ll want to hear this episode, if you are interested in…
[06:20] Fractionals[16:47] Size matters[31:05] The problem with social media[39:30] Weekly strategy[41:32] It’s like playing chessThe break that jump started my trading career
By the mid ‘90s, I found myself living off of my savings and existing on Ramen and PB&Js. Not really a great place to be. At some point, my buddy and I each got $50,000 from an investor, which I quickly took down to $20,000, in about six months. Then one day, it was as if I hit the lottery. I found a stock that was trading at around $8, and it quickly went to $120.  I had some big positions and FINALLY made some money. Fractional shares saved me!  They were everywhere, and they made scalping a lot easier. 

Risk Management
Like many traders, when I first started, I only cared about the profits. I wasn’t concerned with managing risk, and I definitely didn’t have a plan in place to deal with it. With 20+ years of experience, now the
Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.
Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts  
Support the show
Connect with Casey:
Website: https://caseystubbs.com YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategy LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Global Prop Trader: https://globalproptrader.com/ Email: podcast@tradingstrategyguides.com

50 min