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Greg McLeod: Forex Scalping For a Living // EP26

There seem to be few traders who are good at scalping Forex. But they are out there. I sit down with Greg McLeod and find out how he does it.

Home / Podcast / Greg McLeod: Forex Scalping For a Living // EP26

Last updated: April 16, 2024
By Hugh Kimura

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A lot of people will tell you that scalping Forex successfully is simply not possible.

Greg McLeod would beg to differ.

In this episode, I had the pleasure of sitting down with Greg to find out how he scalps successfully, who his biggest mentors were and get into some of the “behind the scenes” stuff that has shaped him into the trader that he is today.

Speaking of mentors, Greg has been taught by some of the best traders and trading coaches…ever.

He grew up in South Central Los Angeles and later also taught public school in the area. If you are not familiar with that part of the United States, it is one of the roughest areas in the country and teaching public school there is no easy task.

RELATED: Learn Forex Hedging in the FREE Guide Here

…and that is probably a big understatement.

But Greg found ways to get students interested in learning, through trading…which is really cool.

We have a very down-to-earth talk about some of his greatest achievements, what drives him as a trader and some of the most painful moments on his trading journey.

I hope that you enjoy listening to this episode as much as I enjoyed doing it!

In This Episode

  • His huge early win in Yahoo
  • The personality trait that makes him good at scalping Forex
  • The stocks that his public school students bought (and made money on)
  • Why he's always looking for “the party”
  • The lowest moment in his trading career
  • How talking to dudes in the bathroom might be good for your trading career
  • Why the idea of bulls and bears is a misconception
  • And more!

Click Play To Listen To The Interview

http://s3.amazonaws.com/th-podcast/TTL026.mp3

Podcast: Play in new window | Download | Embed

Trading Examples

If you want to watch Greg trade live, here are a couple examples. They will give you an idea of how he trades and his results.

Session 1

Session 2

Resources Mentioned

  • The Bible
  • The Market Wizards Books
  • Ari Kev – Trading to Win
  • Thomas Bukowski – Encyclopedia of Chart Patterns
  • Alexander Elder – Trading For a Living
  • Boris Scholssberg 
  • Gerald Appel – MACD Inventor
  • John Bollinger
  • Larry Pesavento
  • Rob Booker
  • Mark Douglas 
  • Watch Greg's other interview with Shaun Overton
  • Contact Greg: greg@elitetradersu.com

Other Ways To Get The Trading Lifestyle Podcast

  • Click here to subscribe via iTunes (if you like it, a five-star review is greatly appreciated)
  • Click here to subscribe via RSS (non-iTunes feed)
  • Right-click here and “Save As” to download the MP3
  • Click here to hear all of the other podcast episodes

Thanks for Listening!

I really appreciate you joining me for this episode of the podcast. If you have any feedback on this episode, please be sure to leave a comment below.

If you know of a trader who would benefit from any of the information in this post, feel free to use the social media share buttons on this post. Be sure to subscribe to the show on iTunes and if you love it, a 5-star review is greatly appreciated!

 

Related Articles

  • Greg McLeod: How A South Central Public School Teacher Became A Successful Forex Trader
  • EP11 // Why (and how) 50 Pips Trades Forex For A Living
  • Walter Peters (Naked Forex): The Inspiring Story Of How He Quit His Dream Job to Trade Naked For a Living // EP7
  • Adam Jowett: Not Having A Mentor, Beating Cancer and Trading For A Living // EP4
  • Kim Krompass: Trading For A Living Risking Only 8 To 12 Pips Per Trade // EP15
  • EP18 // How Reynaldo Soriano Makes A Living Trading 1 Hour A Day

Category: Podcast Tag: Trader Success Stories

About Hugh Kimura

Hi, I'm Hugh and I'm an independent trader. Before starting Trading Heroes in 2007, I used to work at the trading desk of a hedge fund, for one of the largest banks in the world and at an IBM Premier Business Partner.

Learn more about me here and read more of my articles here.

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About Hugh Kimura

 About Hugh Kimura

Hi, I'm Hugh. I'm an independent Trader and I started Trading Heroes in 2007.

Before starting this site, I worked at the trading desk of a hedge fund, at one of the largest banks in the world, and at an IBM Premier Business Partner.

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