Ep12: Is Forex Recession-Proof?

Forex Q&A

VP

Investing, Business:investing, Business

5 • 1.5K Ratings

🗓️ 10 September 2018

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Recessions are unavoidable. People lose everything. But the people who play defense and know what to do end up propering big in the long run. VP explains how to protect yourself, and how Forex plays a large part. For your convenience, every video mentioned is all right there in the blog for this week's podcast - http://nononsenseforex.com/forex-q-and-a-podcast/is-forex-a-recession-proof-investment/ Subscribe on iTunes - https://itunes.apple.com/us/podcast/forex-q-a/id1403201709 Follow the Podcast on Spotify - https://open.spotify.com/show/4iTHB9E7Ly2AImBBhlZtV0 Subscribe on Stitcher - http://www.stitcher.com/s?fid=201867&refid=stpr Subscribe on Android - http://subscribeonandroid.com/nononsenseforex.podbean.com/feed.xml Follow Me On Twitter! - https://twitter.com/This_Is_VP4X

Transcript

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0:00.0	This is the 4X Q&A podcast. This is VP, professional 4X prop trader here in the United States.
0:07.0	And what do I do here? What's my purpose? My purpose is to answer your user submitted
0:11.9	4X questions every Monday. Now to do that you go to
0:14.9	no nonsense for x.com slash ask v p.p
0:18.4	there's a little forum that takes you no time at all to fill out and then I get
0:22.0	back to you within 48 hours and then your
0:24.2	question might make an episode of the show. Now for those of you who read the
0:27.7	title you already know what this question is going to be and this is going to be a
0:30.8	little different show this is not something that is actual
0:34.4	forX trading related directly, something you can use, something that is actionable and you can
0:40.0	take with you that day. A little different here, but I say it all the time guys. What is the difference
0:44.8	between the podcast and the No Nonsense 4X YouTube channel? The podcast sets you up to succeed.
0:56.2	The channel shows you how to win. And this is something we need to talk about. I would not be setting you up for long-term success if we didn't do this. I think from a long-term
1:01.6	view this podcast episode is going to be far more important to your overall development than anything else
1:07.1	Because times change
1:08.6	politics change
1:10.1	economics change and how you react to those changes means everything.
1:14.0	And as Forex traders we have this unique advantage to be more prepared for the worst
1:21.0	than anybody else.
1:22.0	But there is a way to go about this so I will answer the worst than anybody else.
1:22.5	But there is a way to go about this.
1:24.3	So I will answer the question with a very short answer.
	...

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