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


May 22, 2023

 

Secrets To Scalping For A Living - Jean-Francois Boucher

In episode 403 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Jean-Francois Boucher where he discussed secrets to scalping for a living. Learn how to measure volatility and get an exclusive glimpse of his day's live trade.

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

  • 00:15 Introduction
  • 01:04 What's new with Jean-Francois Boucher?
  • 02:22 Jean's focus on trading
  • 03:55 Trading strategy effectiveness
  • 07:19 Dealing with fear of loss
  • 09:07 Managing your losses
  • 10:22 MUST WATCH: live trade (YouTube video link above)
  • 12:05 "Action points"
  • 12:43 Average support and resistance
  • 15:44 Framing risk, measuring volatility
  • 18:27 Swing trading expectations vs. Jean's boxes
  • 23:33 Effects of changing his psychology
  • 25:25 The boxes' advantages
  • 28:14 Staying too long
  • 29:02 Playing within your "sandbox" during the day
  • 30:20 Designing your own strategy
  • 32:51 Where to look for strategy
  • 40:08 "Trading what you see" for two hours
  • 45:54 Look for the bounce, not the swing
  • 47:28 Working with probability, not randomness
  • 49:44 "Insurance company" trading style
  • 52:06 Standard deviation in trading
  • 54:57 What the internet teaches everyone about taking losses
  • 55:58 Benefits of trading forex
  • 57:30 Where to find Jean-Francois Boucher (links below)
  • and much more

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