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


Nov 27, 2017

From "Stuck In Life" To Profitable Forex Trader – Show Notes

In episode 120 of the Desire To Trade Podcast, I interview Karen Foo, a Forex trader, motivational speaker, and author. After ranking #1 in a Singapore nationwide Forex trading competition, she came on the podcast to share the lessons she learned prior to becoming a profitable Forex Trader.

Topics Covered In This Episode

  • How to manage speaking, trading and building a business 3:00
  • How Karen got involved in trading while doing an engineering internship 4:20
  • The kind of work Karen needed to put in to trade successfully 7:00
  • The lessons Karen Foo learned before becoming profitable 8:20
  • What Karen tells people who want to make a lot of money trading 10:05
  • Karen’s preferred trading style and how to find your style 11:55
  • How Karen manages multiple timeframes 13:05
  • What a day look like in the life of Karen Foo 13:35
  • Nick asks: Exercises to work on your trading psychology 15:13
  • The role of discretion in Karen’s trading 17:10
  • When in the day does Karen trades 17:45
  • What Karen is still working on (continuous improvement example) 18:20
  • How to improve yourself every day 19:30
  • Mary asks: What it takes to become a highly skilled trader 20:30
  • Karen’s journaling process and its importance 22:18
  • What Karen’s trading plan look like 23:18
  • Why patience leads to consistency & how to make it happen 25:20

More About Karen Foo

Karen is actively involved in speaking at various conferences, seminars, expos, workshops, toastmaster clubs and publicly-held events in Singapore and Malaysia.

Having overcome numerous setbacks in her life, she has gone on to inspire thousands of youths working executives and leaders of various companies to REALIZE THEIR ABSOLUTE WILDEST DREAMS through her INTERACTIVE, INSPIRING AND ENGAGING TALKS. Being labeled as the “quietest student and underachiever” throughout her life, she went on to win numerous awards in public speaking contests, scholarships and hosting large-scale events as an emcee.

She was then featured in various print media for her academic achievements. She has also been invited to speak at an international conference to leaders from Brunei, China, Hong Kong, Laos, Malaysia, Vietnam, Indonesia, Myanmar, and Singapore.

Karen has been ranked #1 in a Singapore nationwide Forex trading competition, competing with over 200 traders from NUS, NTU, SIM, and SMU. She was also ranked 10th in a contest organized by FX Street, competing with over 3000 traders from over 20 countries. She has shared the stage with top investment gurus and CEOs at an international expo held at Marina Bay Sands. She is also the contest judge for numerous public speaking contests held around Singapore, ranging from club level to the National level contests.

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How To Find Karen Foo?

What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!