WOMEN IN FOREX
that trades and fur thermore I think that the market doesn’t care that I ’m a woman, young , or
old... it’s a more level
playing field where a man is seeing the same price that I am.
MG: The “three R’s” rule
is part of your teaching. Can you expla in it?
RH: My 3Rs beg an as a s ticky
note on my desktop to remind me that the process of trading was to re cognize, react and repeat. “Re cognize”
is my trading
setup: What is the wave angle ? What time is it? What are the economic indicators that may be released soon? Is there chart pat tern? These are many of the setup cues that I would be looking for. “React” comes from when have
I enough confidence
in what I have seen -- or re cognized! -- to want to set the trade up. Reacting and confidence are a product of re cognition,
re cognition is a
product of study and time. Fina lly “repeat”: when you
find something that works, ke ep doing it as often as you can re cognize it. To me that’s key to success for any thing .
MG: Besides coaching , you are now working for Interbank
FX. How did you get the job? RH:
I do work with a
number of brokerages through my work with Autochar tis t as their Chief Market Ana lyst where I write da ily about index, futures, forex, s tocks... but earl ier this year InterbankFX
did offer me
the Chief Currency Analyst position and that was a huge honor and something I was hoping to do later in my career. I had worked with them for five or six years and I really believed in their philosophy of business and the tools they offer to their clients and their emphasis on education. So even though the position
is formalized now with the title I
feel that I ’ve been working
with them for some time. MG: What is your function
there ? RH: My job is to educate -
and these are my words - and show some transparency in my setups. In other words, I teach how I view the market.
MG: What do you find
fulfill ing in your job at IBFX compared to your private coaching and trading ?
with InterbankFX because it’s
different than
RH: I enjoy the position something
FX TRADER MAGAZINE July - September 2011 65 It’s
FX
my normal teaching and mentoring.
probably for me - actively as
fulfilling because I get to reach such a huge - and this is the key
trading
audience. My private coaching is
actually going to wind down this year by September which is the other reason I accepted the Interbank FX offer: I’m going to be doing much more writing, conducting webinars, and traveling on behalf of interbank FX. The position with interbank FX also lets me go back to something I ’ve been missing since 2003 that is to simply close my office door and trade. I don’t want to compare three different aspects of my career
(trader, teacher and
chief currency/market Analyst) because they came to me at the right time and reflect my need for challenging myself.
PROFILE: Raghee Horner • Current Job: Trader and Author at
RagheeHorner.com; Chief
Currency Analyst at InterbankFX • Career: 15 years in financial markets: Futures since 1996 and Forex since 2000 • Age: 38
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