"Pre-Med Student Turned Full Time Trader" - Kathy Lien | Trader Interview

In this trader interview, I sit down with renowned institutional trader Kathy Lien to discuss her trading journey and unique approach to the markets.
In 2015, I read The Little Book of Currency Trading and Millionaire Traders, two books that helped me turn in the right direction to become a profitable trader. I still recommend those books to many traders today!
The author of those books was Kathy Lien and I've been wanting to interview her as part of the Desire To Trade Podcast for a long time!
In episode 311 of the Desire To Trade Podcast, you'll learn:
How Kathy Lien went from pre-med student to full-time trader
How you can combine fundamentals & technicals for better results
What a day in the life of a professional trader looks like
Connect with Kathy: www.bkforex.com/
Twitter: kathylienfx
KZbin: @BKForex
More about Kathy Lien:
Kathy Lien is Managing Director and Founding Partner of BKForex. Having graduated from New York University’s Stern School of Business at the age of 18, Ms. Kathy Lien has more than 13 years of experience in the financial markets with a specific focus on currencies.
Her career started at JPMorgan Chase where she worked on the interbank FX trading desk making markets in foreign exchange and later in the cross markets proprietary trading group where she traded FX spot, options, interest rate derivatives, bonds, equities, and futures. In 2003, Kathy joined FXCM and started DailyFX.com, a leading online foreign exchange research portal. As Chief Strategist, she managed a team of analysts dedicated to providing research and commentary on the foreign exchange market. In 2008, Kathy joined Global Futures & Forex Ltd as Director of Currency Research where she provided research and analysis to clients and managed a global foreign exchange analysis team.
As an expert on G20 currencies, Kathy is often quoted in the Wall Street Journal, Reuters, Bloomberg, Marketwatch, Associated Press, AAP, UK Telegraph, Sydney Morning Herald and other leading news publications. She also appears regularly on CNBC - US, Asia and Europe and on Sky Business. Kathy is an internationally published author of the best-selling book Day Trading and Swing Trading the Currency Market as well as The Little Book of Currency Trading and Millionaire Traders: How Everyday People Beat Wall Street at its Own Game - all published through Wiley. Kathy’s extensive experience in developing trading strategies using cross markets analysis and her years of market research in predicting economic data surprises serve as key components of BK’s analytical techniques.
#KathyLien #FullTimeTrader #BKForex
📈 FREE Case Study "Quitting Your Job To Finally Trade Full-Time": desiretotrade.co/case-study
Chapters:
0:00 Start
0:30 Introduction
0:40 Who is Kathy Lien and what she does
2:53 How Kathy discovered trading and started her trading journey
5:59 What hurdles did Kathy have to overcome to develop as a trader
6:50 How Kathy passed from market making to proprietary trading
7:55 Kathy recommendations for traders wanting to trade for a prop firm
8:49 What timeframes does Kathy prefer to trade
9:16 Why Kathy trades the H1 chart mostly
10:06 Kathy and BK Forex
11:27 What is Kathy trading style
12:52 What is Kathy's favorite technical tool
13:12 How a day in the life of Kathy looks like
15:12 How Kathy balances trading and lifestyle
16:25 Kathy recommendations to find your trading style
17:45 What Kathy thinks of Cryptocurrencies (do not fall for impostors)
19:17 Should a trader start with Cryptos or Forex?
20:05 How Kathy adapts to low volatility markets
20:55 Trading is an evolution game
21:34 Why you should use fundamentals in your trading
22:19 How can you get started with fundamental analysis
23:09 Where to find Kathy Lien
23:52 Kathy's top advice for traders

[@Penelope416]

I really enjoyed this interview. Everyone wants to make money from Forex but it's the time and freedom that people truly value. You see this alot in many of your interviews! Keep it up Etienne!

[@tradingascension]

Very True, freedom is the goal most times even if folks don't realize it.

[@roblaskowski1030]

Thank you Kathy & Etienne! That was very insightful! It fits my edge well.

[@DesireToTRADE]

Very glad you liked the interview!

[@raus00]

Wow awesome person awesome interview. Kathy is really been a dream interview for me since I got into forex, and u have made it come true Etienne. Thanks and cheers

[@terrywilliams2349]

Great video!! Even tho I'm a stock/options trader I got some value from her in this video!!

[@lesquu]

What a legend, thank you for this priceless interview Etienne!

[@DesireToTRADE]

I’m very glad you liked it!

[@10di_livefree]

So much value from this…. Wow! I mean. It’s amazing to there are folks out there who is doing it on this scale. I holy that I picked up a few things from her.

[@tradingascension]

Great interview as always! She is glowing with wisdom.

[@DesireToTRADE]

Very glad you liked it!

[@user-dh7hn9hm8i]

She's an absolute Legend

[@DesireToTRADE]

Definitely!

[@bigles9083]

I had one of her books traded it for another on stocks.I am familiar with some of her strategies Man I go back when she was single before CNBC show.She is very sharp .Kathy had a friend in Singapore bank he told her BOJ was going to do a intervention soon 12 hr later boom 300 pips ,I got some of that years ago.

[@bibarishs3120]

Thank You

[@JESS-CH]

I like her! A very effective communicator. My age, but looks far younger.

[@Penelope416]

Black and Eastern Asian don't crack.

[@Mike-rf8ph]

good stuff mate, Ty for video

[@frankimperato1319]

I like to get in touch with you. How can I do that?

[@Penelope416]

Can you interview SharlineFX?

[@alphonzogates3541]

Hey Etienne can you interview Salah he has a trading channel on KZbin called..Extreme Trader please

[@Uncledaeve]

What are the 3 steps to making consistently good forex trades. Whether you are trading forex, crypto or indices, this philosophy will work incredibly well. Same for day trading and swing trading

[@jgfxotg1242]

How would someone backtest fundamental analysis ?

[@hicksonhui3268]

Hi, I'm a beginner. Just recently found you here and very interested. I'm new and need to learn more. Currently I'm searching for genuine professional brokers online that can trade for me. Pls I would like to get assistance from you to get me started. Thanks Kathy. I await for your reply

[@DesireToTRADE]

Brokers don't trade for people. If you find one, it will likely be a scam.

[@Spectre.007]

I think she meant the word Violated

[@tooakki]

@2:19 lol Great info👍

[@phamman88]

Apparently I have her Facebook, she started messaging me and I quickly realize this is probably a fake Facebook

[@DesireToTRADE]

Yes, there are a lot of fake accounts. Please be careful 🙏

[@tK-kv4lh]

@@DesireToTRADE yes lots of scammers out there. never seen anyone impersonated so much. She is a genius

[@ilovetradin]

Hey can you interview ict please

[@shadowmountainexp]

ict does not do interviews and does not allow comments on his videos so it's most likely not gonna happen

[@DesireToTRADE]

Yes, tried reaching out before.

[@ilovetradin]

@@DesireToTRADE there is a scammer bro using your an account like yours

[@silvershur1836]

I could never have imagine that I can have my own house at age 32 and now at age 27 I have my own house and I just bought a brand new car yesterday all thanks to kathy lien for her help on her telegram channel

[@aedystudio9300]

Can you share telegram link

[@tK-kv4lh]

Don't get scammed, the real Kathy Lien does not do that. Lots of scammers here

[@betterourselves]

Thank you

[@DesireToTRADE]

Welcome!