Desire To Trade Podcast | Forex Trading Tips & Interviews With Highly Successful Traders

392: The Truth Why Most Traders Lose Money - Daryl Guppy

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Synopsis

  The Truth Why Most Traders Lose Money - Daryl Guppy In episode 392 of the Desire To Trade Podcast, we will be listening to the recording of an interview with "The Chart Man" himself, Daryl Guppy, who has been trading in the market for 30 years. Do you want to stop losing money? Understand the logic of the patterns and learn the psychology of the market. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Introduction 00:34 Updates on Daryl Guppy 01:20 What makes people succeed long-term? 04:11 How Daryl started trading 08:44 Trading principles then and now 10:40 Figuring out what you're good at 14:12 On trying better indicators and patterns 20:31 Understanding the logic of the patterns 22:00 "Uncommon results do not come from common thinking" 23:52 Why are the patterns different from common thinking? 28:14 Patterns in forex and indexes 30:46 What is the "2% Rule"? 35:48 When does the "2% Rule" work? 37:54 Where to find Daryl Guppy (li