089: Blake Morrow – From Ramen Noodles to a Lucrative Career Trading Forex Markets

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 8 September 2016

⏱️ 81 minutes

🔗️ Recording | iTunes | RSS

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Summary

Blake Morrow (otherwise known as @PipCzar on Twitter) started out as a stock broker in 1995, but this only lasted for a short period of time, before becoming a trader… A wealthy friend put up $50,000 in starting capital, which Blake lost about $30,000 of it within the first six months. Though, before wiping out, Blake was able to turn that remaining $20,000 into roughly $1.5M in the next few years that followed. He’s since been involved in various trading and technology firms, but today, Blake is the Chief Currency Strategist for WizeTrade, co-founder of Forex Analytix, and an independent forex trader. Over the course of this episode you’ll hear about Blake’s story in greater detail, how he navigates forex markets—using charts and technical analysis as well as economic drivers, some tips for beginning traders using leverage, and plenty more. -- Sponsored by Tradovate.com - Commission-free futures trading is finally here. Trade unlimited contracts for a flat price. Learn more Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Chat with traders is brought to you by Trade the Pool.
0:03.6	Is a lack of buying power, capital, or fear of losing your own money, preventing you from
0:08.8	taking your trading to the next level?
0:11.0	Trade the Pool is an online stock trading prop firm that funds stock traders.
0:16.3	You show them your skills, trade their capital, and keep your profits.
0:20.8	You can trade any stock or ETF in the US markets.
0:23.5	The process is simple.
0:24.8	Pay for an evaluation fee, pass the evaluation, and get funded.
0:29.0	Visit tradethepool.com-forge-chat to learn more.
0:35.7	Chat with traders is also brought to you by the Chat with traders' community.
0:39.5	We'll keep this announcement short.
0:41.2	We just want you to visit chatwithtraders.com-community to learn more about what our community is all about.
0:47.5	Thank you, and we wish you all the best in your trading journey.
0:54.1	The market's speculation and risk.
0:56.9	This is the Chat with traders' podcast hosted by Aaron Faefield.
1:02.6	Hey traders, what's good?
1:04.0	Nice to have you listening to Episode 89.
1:07.0	Now let me introduce this week's guest, Blake Morrow, also known as Pipsa on Twitter.
1:12.8	Blake started out as a stockbroker in 1995, but this only lasted for a short period of time.
1:18.2	Before he switched teams to become a trader.
1:21.1	A wealthy friend put up $50,000 in starting capital, which Blake lost around about $30,000
1:27.0	of it within the first six months.
	...

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