{"id":7045,"date":"2013-05-16T11:48:24","date_gmt":"2013-05-16T18:48:24","guid":{"rendered":"http:\/\/www.tradingheroes.com\/?p=7045"},"modified":"2022-08-11T22:21:21","modified_gmt":"2022-08-12T05:21:21","slug":"ttl-011-why-and-how-50-pips-trades-forex-for-a-living","status":"publish","type":"post","link":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/","title":{"rendered":"EP11 \/\/ Why (and how) 50 Pips Trades Forex For A Living"},"content":{"rendered":"<div align=\"center\"><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/6fRVWtzQ3Xw?rel=0&showinfo=0\" width=\"853\" height=\"480\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-8571\" src=\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/50-pips-sm.jpg\" alt=\"50-pips-sm\" width=\"150\" height=\"150\" \/><\/p>\n<p>Welcome to episode 11 of The Trading Lifestyle Podcast.\u00a0 In this episode, I'm happy to present an interview that I did with 50 Pips.\u00a0 No, he is not a rapper, but he does trade for a living and he mentors traders from time-to-time.<\/p>\n<p>He is also an excellent Forex trading resource to follow on Twitter.\u00a0 That is how I originally found out about him. He tweets trading tips and levels that he is watching on a daily basis.<\/p>\n<p>This interview was unique because 50 requested that I don't ask the interview questions that I would normally ask.\u00a0 This is because he was interviewed back in 2010 and many of the basic questions about him were answered in that interview.<\/p>\n<p>So if you want get more on his background, check out the Resources Mentioned section below for the link to that interview on his blog.\u00a0 That interview is almost an hour long and is also packed with tons of great information about 50 and how he got to where he is.<\/p>\n<p>But since a lot of these question were already answered, this did give me the opportunity to dig deeper into what makes him tick, how he trades and what his experience in mentoring students has taught him.\u00a0 I think you will find some of his answers surprising.\u00a0 We both support Kiva, so be sure to check out his Kiva page in the Resources section below also.<\/p>\n<h2>In This Episode<\/h2>\n<ul>\n<li>Why he uses an alias online<\/li>\n<li>His opinion on black box trading robots<\/li>\n<li>Why he thinks Fibonacci Retracements work for him<\/li>\n<li>The most common mistakes he sees his students making<\/li>\n<li>What golf has to do with anything<\/li>\n<li>And more!<\/li>\n<\/ul>\n<h2>Click Play To Listen To The Interview<\/h2>\n[powerpress]\n<h2>Resources Mentioned<\/h2>\n<ul>\n<li><a href=\"https:\/\/50pipsfx.com\/2010\/06\/24\/interview\/\" target=\"_blank\" rel=\"noopener noreferrer\">50's previous interview <\/a><\/li>\n<li>50 supports Kiva<\/li>\n<li>Follow <a href=\"https:\/\/twitter.com\/50Pips\" target=\"_blank\" rel=\"noopener noreferrer\">@50pips<\/a> on Twitter<\/li>\n<\/ul>\n<h2>Other Ways To Get The Trading Lifestyle Podcast<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.tradingheroes.com\/itunes\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to subscribe via iTunes<\/a> (if you like it, a five-star review on iTunes is greatly appreciated!)<\/li>\n<li><a href=\"https:\/\/www.tradingheroes.com\/podcast_rss\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to subscribe via RSS<\/a> (non-iTunes feed)<\/li>\n<li><a href=\"https:\/\/www.tradingheroes.com\/category\/podcast\/\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to hear the other episodes<\/a><\/li>\n<li><a href=\"https:\/\/s3.amazonaws.com\/th-podcast\/TTL011.mp3\" target=\"_blank\" rel=\"noopener noreferrer\">Right-click here and \u201cSave As\u201d to download the MP3<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this episode of The Trading Lifestyle Podcast, I interview professional trader 50 Pips and find out how was able to trade for a living and how he helps others do the same. <\/p>\n","protected":false},"author":2022,"featured_media":8571,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[610],"tags":[911],"class_list":["post-7045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast","tag-trader-success-stories","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why (and how) 50 Pips Trades Forex For A Living<\/title>\n<meta name=\"description\" content=\"In this episode of The Trading Lifestyle Podcast, I interview 50 pips and find out how he trades and what he has learned from mentoring other traders.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why (and how) 50 Pips Trades Forex For A Living\" \/>\n<meta property=\"og:description\" content=\"In this episode of The Trading Lifestyle Podcast, I interview 50 pips and find out how he trades and what he has learned from mentoring other traders.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/\" \/>\n<meta property=\"og:site_name\" content=\"Trading Heroes\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/tradingheroes\" \/>\n<meta property=\"article:published_time\" content=\"2013-05-16T18:48:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-12T05:21:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/50-pips-sm.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"150\" \/>\n\t<meta property=\"og:image:height\" content=\"150\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hugh Kimura\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@tradingheroes\" \/>\n<meta name=\"twitter:site\" content=\"@tradingheroes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why (and how) 50 Pips Trades Forex For A Living","description":"In this episode of The Trading Lifestyle Podcast, I interview 50 pips and find out how he trades and what he has learned from mentoring other traders.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/","og_locale":"en_US","og_type":"article","og_title":"Why (and how) 50 Pips Trades Forex For A Living","og_description":"In this episode of The Trading Lifestyle Podcast, I interview 50 pips and find out how he trades and what he has learned from mentoring other traders.","og_url":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/","og_site_name":"Trading Heroes","article_publisher":"https:\/\/www.facebook.com\/tradingheroes","article_published_time":"2013-05-16T18:48:24+00:00","article_modified_time":"2022-08-12T05:21:21+00:00","og_image":[{"width":150,"height":150,"url":"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/50-pips-sm.jpg","type":"image\/jpeg"}],"author":"Hugh Kimura","twitter_card":"summary_large_image","twitter_creator":"@tradingheroes","twitter_site":"@tradingheroes","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/#article","isPartOf":{"@id":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/"},"author":{"name":"Hugh Kimura","@id":"https:\/\/www.tradingheroes.com\/#\/schema\/person\/7224f1a7b68144f87391c62a49d7890a"},"headline":"EP11 \/\/ Why (and how) 50 Pips Trades Forex For A Living","datePublished":"2013-05-16T18:48:24+00:00","dateModified":"2022-08-12T05:21:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/"},"wordCount":355,"publisher":{"@id":"https:\/\/www.tradingheroes.com\/#organization"},"image":{"@id":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/#primaryimage"},"thumbnailUrl":"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/50-pips-sm.jpg","keywords":["Trader Success Stories"],"articleSection":["Trading Lifestyle Podcast"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/","url":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/","name":"Why (and how) 50 Pips Trades Forex For A Living","isPartOf":{"@id":"https:\/\/www.tradingheroes.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/#primaryimage"},"image":{"@id":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/#primaryimage"},"thumbnailUrl":"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/50-pips-sm.jpg","datePublished":"2013-05-16T18:48:24+00:00","dateModified":"2022-08-12T05:21:21+00:00","description":"In this episode of The Trading Lifestyle Podcast, I interview 50 pips and find out how he trades and what he has learned from mentoring other traders.","breadcrumb":{"@id":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/#primaryimage","url":"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/50-pips-sm.jpg","contentUrl":"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/50-pips-sm.jpg","width":150,"height":150},{"@type":"BreadcrumbList","@id":"https:\/\/www.tradingheroes.com\/ttl-011-why-and-how-50-pips-trades-forex-for-a-living\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.tradingheroes.com\/"},{"@type":"ListItem","position":2,"name":"Trading Lifestyle Podcast","item":"https:\/\/www.tradingheroes.com\/category\/podcast\/"},{"@type":"ListItem","position":3,"name":"EP11 \/\/ Why (and how) 50 Pips Trades Forex For A Living"}]},{"@type":"WebSite","@id":"https:\/\/www.tradingheroes.com\/#website","url":"https:\/\/www.tradingheroes.com\/","name":"Trading Heroes","description":"Discover Your Grail Trading Strategy","publisher":{"@id":"https:\/\/www.tradingheroes.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.tradingheroes.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.tradingheroes.com\/#organization","name":"Trading Heroes","url":"https:\/\/www.tradingheroes.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tradingheroes.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/login-logo.png","contentUrl":"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/login-logo.png","width":300,"height":150,"caption":"Trading Heroes"},"image":{"@id":"https:\/\/www.tradingheroes.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/tradingheroes","https:\/\/x.com\/tradingheroes","https:\/\/www.instagram.com\/tradingheroes\/","https:\/\/www.linkedin.com\/company\/tradingheroes\/"]},{"@type":"Person","@id":"https:\/\/www.tradingheroes.com\/#\/schema\/person\/7224f1a7b68144f87391c62a49d7890a","name":"Hugh Kimura","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tradingheroes.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/15cd48e3c506e09e7a3b4edf8b221373f1e4e1a9148bbce44c77ff5db1e86693?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/15cd48e3c506e09e7a3b4edf8b221373f1e4e1a9148bbce44c77ff5db1e86693?s=96&d=mm&r=g","caption":"Hugh Kimura"},"description":"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.","sameAs":["https:\/\/www.tradingheroes.com\/"],"url":"https:\/\/www.tradingheroes.com\/author\/hughkimura\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/posts\/7045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/users\/2022"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/comments?post=7045"}],"version-history":[{"count":2,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/posts\/7045\/revisions"}],"predecessor-version":[{"id":1019936,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/posts\/7045\/revisions\/1019936"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/media\/8571"}],"wp:attachment":[{"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/media?parent=7045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/categories?post=7045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tradingheroes.com\/wp-json\/wp\/v2\/tags?post=7045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}