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Forex Q&A

Ep40: Dollar Cost Averaging and Martingale

Forex Q&A

VP

Investing, Business:investing, Business

51.5K Ratings

🗓️ 1 April 2019

⏱️ 17 minutes

🧾️ Download transcript

Summary

There are two sneaky money management tactics out there which will find you at some point. Are they worth utilizing? VP has some strong opinions here. Blog Mentioned in the Podcast - https://nononsenseforex.com/uncategorized/reverse-labouchere/ 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 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 answering your user submitted

0:07.4

4X trading related questions every Monday morning. Now if you have a question on your mind that is 4X trading related and you have never asked a question before and you have consumed all of the material well then what you do is go to no nonsense 4X.com slash ask VP

0:23.2

fill out the form and I will typically get back to you within 48 hours.

0:27.3

Traders I was so close to doing it.

0:31.4

Don't think I don't know what date is. The only thing I didn't know is how many people, or how many countries around the world actually celebrate, I guess, would would be or actually acknowledge April Fool's Day.

0:47.0

But I had it all planned out.

0:48.0

I was going to put a podcast together.

0:50.0

The title was going to be in big capital letters FYPM which not everybody knows what that is but you can look it up

0:57.3

And I was gonna say all right assholes your free ride is over. it's time to pay up.

1:03.0

And going to some 12 minute rant about how I should be compensated for my material

1:08.0

and how I should have never given it up for free in the first place, blah, blah, blah.

1:12.0

And then towards the end, I was going to tell you

1:13.8

how much everything was going to cost.

1:15.2

I was going to charge for the podcast,

1:17.2

episodes in the future, and all the videos in the future,

1:19.5

and stuff like that.

1:20.7

And then the big reveal at the end

1:22.2

is that it was April Fool's day, and everything's going to remain free just like it

1:25.0

always has been. I thought it was a good joke. I thought there would have been a

1:28.6

number of you out there that would have fallen for it. But this podcast does broadcast to over a hundred countries as we speak right now. And I just don't know how many of them even know what April Fool's Day is.

1:40.0

So that one little piece of information alone was enough for me to go ahead and

1:44.8

derail that episode but don't think I didn't think about it. That have been a good

...

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