In this trader interview, Etienne sits down with Scott Welsh, a full-time algo trader. Scott trades automated trading strategies for a living. You'll learn his best tips on algo trading and how you can start trading algorithms yourself.

Previous interview with Scott Welsh:    • Forex Trading Systems To Make A Livin...  

Chapters:
0:00 Start
0:21 Introduction
0:44 Scott's trading since the last interview?
2:43 How much work algo trading requires
4:56 Why you should re-optimize your algos
6:26 How to avoid over-optimization
11:20 Trade a few symbols or a lot?
12:10 Scott's trading review process
14:05 How to find strategies for algo trading
15:25 Why you don't need to learn to code to be an algo trader
16:52 Why trading ideas don't matter
18:44 Example of a forex trading strategy
20:40 Why common indicator logic may not matter
21:20 Why a time-based stop loss works?
24:11 The mindset of an Algo trader
27:53 Why you shouldn't care about your P/L
28:52 Why Scott loves trading contests
31:33 High risk trading with algos
33:16 Where to find Scott Welsh

#algotrading #algorithmictrading #traderinterview

📈 FREE Case Study "Quitting Your Job To Finally Trade Full-Time": https://desiretotrade.co/case-study

// SOCIAL
Forex Trader Community (Facebook Group): https://d2t.link/FBgroup
Facebook:   / desiretotrade  
Twitter: @desiretotrade
IG: @etiennecrete

// TRADING MUST-HAVE RESOURCES
Forex Broker (Pepperstone): https://d2t.link/pepperstone
Forex Broker for Canada (Axi): https://d2t.link/axitrader
Best Platform: https://d2t.link/tradingview
Backtesting Tool: https://d2t.link/soft4fx
VPS (for algo trading): https://d2t.link/vps
Trading Journal: https://d2t.link/journal

// MUSIC
David Cutter Music - http://www.davidcuttermusic.com
Andrew Applepie - https://andrewapplepie.com/

// ABOUT ME
My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.

I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That's why you can expect more free content from me than what other people charge for!

If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at.

// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.

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