How to Trade Like The Big Banks | Smart Money JP Morgan Trader Kathy Lien
ฝัง
- เผยแพร่เมื่อ 5 ส.ค. 2024
- Ever wondered how do bank traders trade? Ex JP Morgan trader, Kathy Lien from @BKForex will share with you how you can trade like the big banks.
A lot of retail traders would like to think that the smart money use merely technical analysis to trade. While that is part of their strategy, but it is not everything. In this bank trader interview, Kathy Lien will share with you what her time at JP Morgan taught her and how you can also use the same trading strategies as a retail trader.
While you may not replicate and trade exactly like the big banks, there are some smart money trading strategies mentioned by Kathy that you can consider applying into forex trading or the stock market.
Book Links:
Day Trading & Swing Trading the Currency Market: amzn.to/4auhWdP
Millionaire traders: amzn.to/3xc9phd
Newsquawk Sign Up Link:
newsquawk.com/affiliate/rzDV6...
Use "Karen50" COUPON CODE FOR 50% DISCOUNT!
Disclaimer:
The content here is for informational purposes only and should NOT be taken as legal, business, tax, financial or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.
Investing and trading is a high risk activity and should be approached with caution. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is for entertainment purposes only and is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
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Singapore youtuber profile:
Karen Foo is Singapore trader, investor, financial trainer, author, motivational speaker and international speaker. Her content on TH-cam and Tiktok has helped tons of traders around the world to master trading.
Karen is actively involved in speaking at various financial conferences, seminars, expos, workshops and publicly-held events in Singapore, Malaysia, Thailand & Vietnam. She has shared the stage with top investment gurus and CEOs at the various conferences she has spoken at. She is also a TEDx speaker.
Having overcome numerous setbacks in her life, she has gone on to inspire hundreds and thousands of youths, working executives and leaders of various companies with her stories.
Being labelled as the “quietest student and underachiever” throughout her life, she went on to win numerous awards in public speaking contests, traders awards, academic awards & scholarships.
She graduated with a business degree specializing in banking and finance from Nanyang Technological University where she was listed as a featured alumnus. She was also nominated for NTU’s social responsibility gold medal award for her various contributions to charity. While in university, she was already interviewed by Singapore’s national TV, Channel News Asia as a young investor.
She is also the contest judge for numerous public speaking contests held around Singapore, ranging from club level to National level contests. She also represented her university 2 times at a national public speaking competition.
She was also featured in TV, radio, magazines and documentaries for her academic & career achievements. She has also written financial articles for her university newspaper and Singapore’s popular news platform, The Strait Times.
She was voted as the “Best Trading Guru in Singapore” by Traders Awards 2019. She was also given the “Top Popular Analyst in Asia” award by Wikiexpo.
Karen represented her university in a trading competition and managed to rank #1 in a Singapore nationwide Forex trading competition, competing with over 200 traders from NUS, NTU, SIM, SMU & the 5 polytechnics based in Singapore. She was also ranked 10th in a contest organized by FX Street, competing with over 3000 traders from over 20 countries. She was also ranked top 3 in other Asian trading contests.
She is the author of “Fundamentals of Currency Trading”.
Her wide range of experience has also led her to co-author a book, “Turning Ideas into Profit” with 10 other experts and professional speakers. Karen is also a contributing author of an investment book titled “Your Cash Moves”, where all the proceeds are donated to the Singapore Children’s Cancer Foundation.
Karen Foo's email: karen@karen-foo.com
Manager's email: admin@karen-foo.com
Website: www.karen-foo.com
Facebook: / karenfoospeaker
Instagram: / imkarenfoo8
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Music Credit:
• How to Trade Like The ...
![บุษบา - วงชานเมือง [LiveCoverVertion] Original : เมนทอล](http://i.ytimg.com/vi/Dm81sKcd9rs/mqdefault.jpg)
Share with me what have you learned from Kathy in this interview?
P.S. Gentle reminder that there are lots of fake accounts pretending to be me on social media recently. I won't message people anywhere on social media nor will I go around sending friend requests. Those chatting with you on Facebook, tiktok, telegram or WhatsApp are all impersonators. I won't tell people to invest with me or DM me. Always double check
Alaways check macro data callendar.And higher time frame.This is good to set one take profit on 1/1 Risk reward and trail second part of your trade.
I need to learn fundamental analysis
Mean Reversion, 3rd Std Dev, 20 MA
FA (direction) + TA (entry, exit)
Book: Day Trading & swing Trading the currency market - Kathy Lien
Half way move profits/loss capture
Long hold by Inst - with justification, retails aggressively short trade
Big boys: Global macro, arbitrage trade, no cross over, only deviations in market.
Follow Inst analyst
Set goal (example: Weekly target) - focus
Restart First: Trend following strategies, trading targets, right timeframes, risk-reward ratio (high accuracy)
Watch out other markets influence FX
Knowing when or not to trade
Major FA economical indicators- ISM, PMI (first piece of leading)
Fin news: Newsquawk
Book: Millionaire Traders - Kathy Lien
Thank you Karen for this interview insights...Appreciated.
Good learning . Thanks for sharing. I learn and i try not to revenge trading and greedy with the profit. Always defend for the money and profit.
Karen, thank you so much for mentoring me from afar. I love you and your works. And of course I love your good sense of humour... I honestly always look forward to them
I have been following you since 2018 but this time around I notice that hater’s are worrying you,please you are best out there thus why they are jealous of you. BE STRONG AND CARRY ON THE GOOD WORK YOU ARE DOING . More love from Germany 🇩🇪
thank you. it's because i now have a 2nd channel and those comments just doubled especially comments about the way i look
You are a very beautiful lady, dont worry about what the haters say , you are amazing and we all love you .
@@KarenFoo you look beautiful ❤️, Very Beautiful
Beautiful from inside... You are on constant endeavour to help people and that makes you beautiful from inside and out. Rest doesn't matter ..
@@KarenFoo , Rare gem shines brighter and not everybody knows the value of it. World is full of negative and positive people. Lets just focus on positive.
My best wishes for your channel. You look cute.
Great to see lovely ladies that I follow as my trading teachers discussing trading together . Thank you for your teachings!! BLESS YOU.
You're welcome ❤
Well done!
I love Kathy's tips on Fx.
Cheers guys from lake Titicaca Peru
Good point to note
Love from 🇮🇳🇮🇳
Great ! It's about time to make prop firms more popular in Asia. There's only few in Japan for the largest retail market.
Also Thanks to Kathy explaining about how you can manage to when the market is working on your strategy and when it's not. That's probably the most important factor for trading psychology especially if your strategy is losing for the miss matched market.
This is why EA never works 24/7 but if you can program to distinguish the market and make the EA when to trade, that's another whole industry to create.
I think strategy is less important, but how and when to use it is the most important factor for trading which most successful traders never explain.
Kathy writes great books.
Love from Kenya Karen❤❤
Good to see kathy again in ur yt , thanks karen for goood content again n again. 💕 💜
You're welcome
Powerful interview
Thank You so much for bring in this lady
Huge fan of Kathy. Thanks for the great interview! :)
You're welcome
Love from India ❤
Excellent book!!
Very insightful interview,I’ve been following Kathy for about 3 months and I’m now incorporating fundamentals in my forex trading decisions.Thanks Karen for this interview.Keep up the good work!
Kathy energy is amazing.. love the interview .. thanks
Thank you Karen for bringing this video. Lots of things to learn.
You're welcome
This is very educative, thanks karen
Glad yo joined the live from Cameroon 🇨🇲 but now base in Bahrain
Cool interview ! God bless you!
She is spot on, correct about mental aspect! Love it.
Good evening im from philippines
Im excited to learn❤
This video is gold, thank you Kathy and Karen.
Nice Interview !!👌
Super undervalued! Hoping to network my way to meeting you!
Good thing is I'm following both of u since very long .❤❤❤❤
Thank you for your long term support ❤❤
a biiigg thank you😊 for your hard work.....we youths really appreciate your works and teaching method ,,,,,boa hankock is a beautiful lady btw😁
where to prepare data for fundamentals
Love from Aus! Thank you both for sharing so much 👌👏
You're welcome
You are so cute so kind and so generous to set up this interview with such a wonderful trader thank you
Love from Bangladesh 🇧🇩 ❤️ 💕 💖 💗
Very good interview 👏
Thanks Karen, I have watched most of your videos, just fantastic interview
You're welcome
Informative interview. Thanks!
Great interview. Learn so much from past 30 minutes.
Glad it helped
Very inspiring mentor ❤
Thank you very much Karen
Great Interview :) Few key points to improve my own trading :) Keep up the great work Karen!
❤❤from Kenya 🇰🇪
The shortest 30 minutes. ❤
My camera ran out of memory 🤧
Very thanks teacher ❤❤
Awesome! Interview! Lots of good info.👍🏾
Amazing interview, Kathy is so generous and genuine to tell what she kows, not like others traders' interview, speaking very blurly like they are telling you somwthing but actually not.
Love this interview ❤ thabks for both of you .
Personally i don't like listening to people who take forever to get to the point. If you truly know your stuff, you will talk about the main points :)
Thanks karen❤
Very insightful and informative interview! I totally agree, both fundamentals and technical analysis are important.
Thanks a lot for this information. But I'm kindly asking for a list of people to follow
Thank you Karen Foo Kathy Lien at least i have learnt something ❤❤❤
You're welcome
@@KarenFoo 🙏
Thanks for sharing
This interview is very helpful. Thank you
You're welcome
This is what we need, Thank you very much🤗🤗🤗🤗
You're welcome
You’re the best, thank you
Please do more of these! It is hard to see institutional traders being transparent about their trades.
Great interview
I love how she said in 19:07 "I love watching mkt but not that much"🤣
haha maybe she meant that she loves it when she DOES watches it :)
Really sensible stuff!!!
Thanks for your efforts 😊👌
Is having trading desk helps in trading or Does trading environment affects trading?
Amazing Thankyou
Thanks❤❤❤❤❤❤❤
Brilliant interview
I learn that keeping simple trade rule is important than trying to apply different strategies
Look from Pakistan ❤❤❤
Been following since 2020...btw this is a good content for newbie like me😊
Great video
Great interview. Good to hear another smart experienced mind speaking, besides also yourself Karen
This is very very good stuff Karen, thank you so much, and all the best to you as usual
You're welcome
I agreed that H1 is perfect for opening and closing the position with the support of H4, D1 or W1.
I have learnt the most important data releases I should focus on the ....ism pmi
❤❤love you
Two favorites.
DUSE TRADE
Love you sister 💝
❤❤❤❤
What is IS NUMBER?
Love ❤️
I seen lot of videos and from long time karen but i want to know that that where and why you interned tha trade and how i need to inter the that I'm not understand yet???
Always a pleasure to listen to your content or interviews...wish I could invite you for dinner one day )
Mam I like your support for beginners trader . Your efforts is very good . A video upload on Some correlation of inter market analysis .
two beautiful traders here , very lovely
Thanks much teachers.
You're welcome
❤
I learned that I can look at other things other than Bloomberg
karen - what do you trade, forex or indices.
The best sharing from both of you for me, thank you so much 😍🥰
Thank you
At around 40 seconds, Karen asks about time frames, and Kathy responds, "What are my favorite time frames...". I really like Karen's face at that moment. Its like, " That's not what I asked." Lol What do you guys think, my imagination???
I think the drink in the mug was a bit hot haha, so Karen's squint coincided with when she said "my favourite timeframes"
I am trading in high time frame 1 hour and 1 day but I cannot figure out how to prepare for fundamental and economic calendar to make my decision right . I use cot report still the price comes to touch my sl
Don't incorporate them
COT is lagging
COT is an indicator for confirmation.... Learning how to read the data plays an important role. Eg, when non commercials are closing their short positions and not adding long, you don't look to buy until they start adding longs. Closing Short will only lower the down trend and possibly leave the market ranging. And only look for your entry at a key level.
@@dalisay5558 it lags but it is still of good use for one who can read it well.
👍
TECHNICAL +FUNDAMENTAL =GOOD TRADE
smart women, i love the convers
How else can one quantify beauty. My dear, you're beautiful. Don't worry about the haters. Thanks.
Honestly, I don't learn trading lesson from any mentor but I learned from a book published in 1931 and this book "Wall Street Ventures Adventures Through Forty Years by Richard D. Wyckoff."
very insightful interview i like how she said the differentiating factor between retail and smart money is accountability and she couldnt be so true cause the risk appetite of retail is not sustainable on the long run. i agree with the combination approach fundamentals give you that overall long term bias or DOL in the macro timeframes i'm usually spending more time doing economic research than i am technical but both are crucial interpreting financial statements and macro data
Pls is it true that the educators have a contract signed with brookers??
Thank you for the fine video. With so many trading entities obsessing over very short time frames, I fade that madness and trade off the 5 year chart.
It's a very typical retail trader mistake to start off trading small time frames
Love from Bangladesh.
It’s easy…be rich and not be afraid of risk
Can you make signals? Not all the people have time to study the chat by themselves, but the can follow someone they trust like you
Karen My mentor, from Kenya
“ How to trade like big banks “
“ Have big money. Multiple small trade, huge volume.”
Good mentor in stock market in the world.
Keep this hairstyle beautiful for you.
i keep whatever hairstyle i want don't care about nobody's opinion
so informative 🙂 thank you
Do banks use stop losses? No. I’d like to hear that from Kathy because while I don’t work in a bank or know people who work in a bank, it’s surely common sense that a bank doesn’t enter a long on EURUSD and then pace a stop under the recent low 😂 common dude
No. Banks are so confident in their analysis due to their advanced technical and fundamental analysis they do not need a stoploss.