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453: The Art Of Scalping For A Living - Jean François Boucher
Manage episode 416770753 series 3562180
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The Art Of Scalping For A Living
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In episode 453 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Jean François Boucher, and talks about the art of scalping for a living. Learn the importance of timing and managing risk, spreading trades, and floating drawdowns.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode- 00:00 Introduction
- 00:50 Reviewing his recent trade
- 03:44 Support and resistance levels
- 09:50 Selling when it's expensive
- 15:00 Fixing the drawdowns
- 19:26 Thoughts on the market being compared to a casino
- 21:05 Trading the next move
- 22:38 Managing exits
- 23:10 Managing risk and spreading trades with boxes
- 24:39 Trading probabilities and anticipating future moves
- 26:22 Managing bias and trading within a time window
- 27:31 Clear exit strategy and knowing when to stop
- 39:09 Consistent small profits and learning from mistakes
- 45:17 Where to find Jean François Boucher (link below)
- and much more
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
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What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
Where to find Jean François BoucherWhat one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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