Let’s Talk Forex with Alison and Chris

FxScouts

Let’s Talk Forex with Alison and Chris is your weekly source of Forex trading insights. Whether you are a beginner looking for guidance on how to start, or a seasoned trader who wants to learn about new strategies, you’ll find something new and useful in every episode. Alison and Chris’ knowledge of Forex trading shines through, as they bring to the table years of experience trading Forex and writing about the trading industry. They cover a wide range of topics, including how to choose a broker and trading platforms, manage risk and protect your funds, trading psychology, trading strategies, interviews with Forex traders and much more. Subscribe now and stay up to date with every new episode! DISCLAIMER 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.  Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

  1. 1 DAY AGO

    145. Prop Firms 2025: How To Pass The Challenge & Actually Get Paid

    Prop trading firms are everywhere in 2025—but can you actually pass the challenge and collect a payout? In this Let’s Talk Forex video podcast, Alison and Chris break down prop firms in plain language: funded account rules, the 3–1–1 risk plan to improve your pass rate, KYC and payout pitfalls, one-step vs two-step challenges, trailing vs static drawdown, and whether a futures or forex prop path fits you. If you are searching for “best prop firms 2025,” “how to pass a prop firm challenge,” or “forex prop firms South Africa,” this episode gives you the rulebook and routine you need to trade cleanly and get paid. What you will learn: What a prop firm is, how profit splits work, and why risk management rules matter. The core rule set in 2025: daily loss limit, max drawdown, news rules, consistency, and banned strategies. The 3–1–1 plan: set the stop first, risk 0.25%–0.5% per trade, and stop for the day at −1%. A simple pre-trade checklist and one-line post-trade journal to keep you consistent. Payouts and KYC: how to match documents and avoid rejected withdrawals. One-step vs two-step challenges; trailing vs static drawdown—and how each changes your risk. Futures vs forex prop firms: schedules, costs, and which suits your lifestyle. Regulatory risks and recent headlines, plus practical record-keeping and tax reminders. Enjoy the audio or watch the full video here if you prefer: https://youtu.be/w8Cj3aCA2tc  FxScouts Disclaimer: Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.

    14 min
  2. 9 SEPT

    144. Why Most Forex Traders Lose (It’s Psychology, Not Strategy)

    Most traders do not fail because their systems are bad—they fail because they cannot execute consistently. In this episode of Let’s Talk Forex, Alison and Chris unpack trading psychology, overconfidence, and discipline, showing why your behaviour—not your indicators—usually decides your P/L. What you will learn: The myth of the “perfect” strategy and why consistent execution beats brilliance done badly. The emotions that sabotage traders: fear, greed, FOMO, and the revenge-trading loop—and how to break them. Overconfidence after hot streaks: size creep, widening stops, and “anticipating” entries. Practical discipline: a pre-trade checklist, fixed risk rules, daily loss limits, and process metrics that actually improve results. A simple case study (Trader A vs Trader B) that proves the system wasn’t the problem. A one-week discipline sprint to tighten your process fast. Who this is for: Day traders, swing traders, and Forex/CFD traders who want steadier results through better execution, not new indicators. If this helped, share it with one trader who needs to hear it, and subscribe for more clear, practical trading insights.   You can also watch the YouTube video here: https://www.youtube.com/watch?v=QU5hWzZQb1g    FxScouts Disclaimer: Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.

    18 min
  3. 2 SEPT

    143. Forex Trading Myths EXPOSED: The Truth Every Trader Must Know

    Think Forex is all about finding the perfect strategy, getting rich overnight, or that anyone can do it? Think again. In this episode of Let’s Talk Forex, Alison and Chris bust the biggest myths that keep traders stuck, frustrated, or losing money. From the truth about strategy and psychology, to why risk management matters more than flashy setups, this is the real talk every trader needs to hear. What you’ll learn in this episode: Why strategy is only 20% of the game (and psychology is the other 80%) Why not everyone is cut out for trading—and how to know if you are The reality behind “easy money” promises in Forex How proper risk management keeps you in the game long enough to win Whether you’re a beginner or already trading, this episode will help you see Forex for what it really is—and what it takes to succeed.   If you prefer to watch rather than listen, you can (as always) find the episode on YouTube as well: https://youtu.be/FIowqtLDFAU    FxScouts Disclaimer: Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.

    10 min
  4. 17 JUN

    139. Minor & Exotic Forex Pairs: Worth It or Too Risky?

    Are minor and exotic Forex pairs the overlooked goldmine of trading—or a fast track to blown accounts? In this episode of Let’s Talk Forex, Alison and Chris dive deep into the world beyond EUR/USD and GBP/USD. From USD/ZAR to EUR/TRY, learn what sets minor and exotic pairs apart, why volatility lovers are drawn to them, and the serious risks you need to manage.   What you’ll learn in this episode: The difference between major, minor, and exotic pairs Why some traders seek out exotic volatility Real-world examples like the Turkish Lira and Mexican Peso Slippage, spreads, swap fees—and how they can crush your edge Tips for trading local news events and managing wild price swings When to choose majors vs. when to explore exotics Proven risk management techniques tailored for high-volatility pairs Whether you're looking to diversify or just curious about these lesser-known pairs, this episode delivers practical tips and hard-earned wisdom. Subscribe for more Forex insights from Let's Talk Forex at FxScouts   You can also watch the full video on YouTube here: https://youtu.be/KQW_ZtYjX1Y    FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

    14 min

About

Let’s Talk Forex with Alison and Chris is your weekly source of Forex trading insights. Whether you are a beginner looking for guidance on how to start, or a seasoned trader who wants to learn about new strategies, you’ll find something new and useful in every episode. Alison and Chris’ knowledge of Forex trading shines through, as they bring to the table years of experience trading Forex and writing about the trading industry. They cover a wide range of topics, including how to choose a broker and trading platforms, manage risk and protect your funds, trading psychology, trading strategies, interviews with Forex traders and much more. Subscribe now and stay up to date with every new episode! DISCLAIMER 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.  Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

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