Online Forex Trading Course podcast

#427: How to Trade while on Holiday/Vacation

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How to Trade while on Holiday/Vacation  Podcast: Click Here To Learn More About Blueberry Markets Click Here To Learn More About Echo Trade Copier Click Here To Learn More About TFTC Pattern Trader Click Here To Learn More About 1-on-1 Private Online Coaching with Paul Tillman #427: How to Trade while on Holiday/Vacation In this video: 00:26 – Trading while away from home 00:53 – Trading in less than 30 minutes a day 02:09 – Amazing feedback about Blueberry Markets 02:48 – Credit offer on our Echo Trade Copier 03:46 – Paul Tillman on holiday/vacation in Florida and trading 04:45 – TFTC Pattern Trader and Echo Trade Copier 05:35 – Get in contact with Paul Tillman regarding one on one tuition I'm going to talk about how you can trade whilst on holiday or vacation, and show you how Paul Tillman's been doing just that for the last two weeks in Florida. Let's talk about that and more right now. Hey, traders, Andrew Mitchem here, at the Forex Trading Coach with video and podcast number 427. Trading while away from home That's right. I want to talk about trading while you're away. And Paul's been over in the US trading, with his family on holiday or vacation as they call it, for the last two weeks, spending time at Disney World. And I'm going to cut to a video in a couple of minutes that Paul has made, especially for you. Stood outside of Princess Castle with his Mickey Mouse ears on, making a video just for you, for this week's video and podcast. So we'll get to that shortly. Trading in less than 30 minutes a day But the thing I want to cover is he's done that whilst trading in less than 30 minutes per day. And Paul explained how he's done that. And the reason is, is because we only look at the close of a candle for a new trade. Give you a quick example. Wednesday of this week, we posted six trades on our membership site on the daily chats, all in to profit. Four of them have closed for full profit as I'm talking to you right now. Two still open in profit. Yesterday, being Thursday, no daily trades. Happens sometimes. The market was a little bit quieter, but I took a 12 hour and a six hour at the 5:00 PM, New York close, and profit out of those as well. And clients follow these as well, by the way. Just last night my time, I took five trades on our 12 hour charts at the 5:00 AM Eastern Standard Time, change over, all in profit and it just shows what can be done, but just really it's about less is more. Quality of trades, taking them when you see them, knowing when to look at your charts. When you see the setups, knowing exactly how to enter and exit. It's the same principle. It's low risk trading, but high reward to risk trades. Amazing feedback about Blueberry Markets So just wanted to also, before we go to Paul, give a quick shout out for Blueberry Markets over in Australia. The feedback that I've been getting from people who have never traded through them, and now gone through to them over the last few weeks, has been unbelievable, just constantly good feedback. And people don't really compliment brokers, do they? It's very rare. Everybody's quick to moan at a broker, but not many people compliment a broker. And I've got a very high number of emails, people saying to me, "Hey Andrew, you recommended me go and look at Blueberry and consider trading through them and I've done it. And it's fantastic, and it's a really enjoyable process. And I appreciate you letting me know about them." Credit offer on our Echo Trade Copier One thing, also, at Blueberry, as I mentioned last week, I've managed to twist their arm and I've got them to extend their credit offer on our Echo Trade Copier account. So if you want to have your account traded automatically or auto-magically, as I like to call it, at the same ratio as my own master account, then Echo Trade Copier is the place to go. And Blueberry Markets will give you a credit for a new account for up to 12 months credit of our Echo Tr...

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    #432: Becoming Your Own Boss

    8:27

    Becoming Your Own Boss  Podcast: Click Here To Learn More About Our 5 Star Rated Forex Course Click Here To Learn More About Blueberry Markets #432: Becoming Your Own Boss In this video: 00:30 – I’ve received a lot of emails from people who might be losing their jobs 01:17 - A lot of new rules around the world about mandates 02:02 – You should consider trading Forex 03:22 – I’m serious about trading and how to I made a decent return? 04:54 – What the prop firms want 06:22 – You need to know what you are doing first 06:42 – The mini course will re-open in 1 month from now 07:35 – It’s only going to get worse for many people I want to talk about why you should maybe look at considering being your own boss, and learning how to trade Forex properly. It's very topical right now and very important. Let's get into it right now. Hey traders, Andrew Mitchem here, the owner of The Forex Trading Coach with video and podcast number 432. I’ve received a lot of emails from people who might be losing their jobs Came outside today, it's a beautiful day out here. I want to talk about... I've just been receiving a lot of emails. You might think it's a controversial subject, you may not. But I think it's important to discuss it because not many people are. It's all about what's happening around the world right now with COVID injections, vaccinations. Not only that, it's more the knock-on effect of what's happening with so many people with these jobs being mandated that people need to be vaccinated. I'm not here to debate the vaccine; I've got my own opinions. But as a trader, I think it's important because so many people have been emailing me saying, "Andrew, I'm potentially losing my job." A lot of new rules around the world about mandates Here in New Zealand especially, and it sounds like Australia as well, a lot of rules are coming in that people will be losing jobs if they're not double vaccinated. Like I said, I'm not here to be pro or against it. What I am here to say is that it's probably the choice that people are finding that they're going to be without that's for me probably more the issue. The choice to do what they want and how it affects their jobs. So that comes back to why I've probably been receiving so many emails over the last week or two as it's becoming more and more prominent. And it comes back to... You should consider trading Forex I've said to these people you've got to consider something like trading. But don't just do it just because it's a quick fix, because it's not a quick fix. Don't think that you're going to sit at home and be lazy all day and get up when you want. It's not that at all. You have to work hard at it. It's hard. There's ups, there's downs, there's good times, there's not so good times. Like anything. But it does allow you to have some more control and freedom and to be your own boss. I think that's the point that a lot of people around the world right now that people are picking up on, the extra value of trading. Getting away from some of the more traditional lines of work where you are told what to do and when to do it. I think that's one of the beauties that trading offers. Like I said, it's not easy. It takes effort, it takes hard work, it takes dedication. If you think you're just going to waltz into trading and suddenly become a multimillionaire by this time next year forget it. You're in the wrong choice. Or certainly don't come knocking on our door, because we're not prepared to assist you if that's your mindset. You've got to have the correct mindset to make this work properly and put that hard work and dedication upfront. I’m serious about trading and how to I made a decent return? But leading on to that, people have said to me I want to sort of get into this a bit more seriously now. I've kind of been forced into it, or things are changing around the world. I want to look at this trading a bit more seriously.
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    #431: Client Makes a 40% Account Gain in September

    8:45

    Client Makes a 40% Account Gain in September  Podcast: Click Here To Learn More About Our Mini Course Click Here To Learn More About Blueberry Markets #431: Client Makes a 40% Account Gain in September In this video: 00:31 – This week’s content 00:54 – A client makes a 40.05% live account gain in September 04:23 – Trading at a Prop firm to make great passive income 05:35 – Our TFTC Mini Course is now live 07:01 – Take a look at Blueberry Markets if you want a good broker 08:30 – Share and Like this Video I want to explain how one of our clients made an incredible 40% gain on his live account in September with just a 6.3% drawdown. Let's talk about that more right now. Hey, folks, traders. It's Andrew Mitchem and I'm the owner of the The Forex Trading Coach. This is video and podcast number 431. This week’s content Lots to cover on this week's video and podcast. We want to talk about the guy who's just made 40% on his account in September. I also want to introduce you to our new mini course that has just gone live on Facebook and give you an opportunity to join that for this week only with a 50% discount for new people onto that course. A client makes a 40.05% live account gain in September But let's start with the exciting news that I following on from last week's video on podcast about the client called Brett, who is in South Africa. He made a 40.05% account gain on his live account, quite extraordinary. But I've been through all of his trades. They're actually opened here behind me, sent me a screenshot of his MT4 account, all the trades, the profits and losses. I went through them and the biggest drawdown he's had there was a 6.3% drawdown, quite extraordinary. Very low controlled risk. He said to me he only trades once, sometimes twice a day, and that's the 5 PM New York close of day, where he looks at the beginning of the week the weekly charts each day of the daily and the 12 hour charts. So that's going to take him what, 10, 15 minutes once a day. Then a few days in the week, generally Tuesday, Wednesday, Thursday, he'll look at the 5 AM changeover as well. So he's looking just twice a day, absolute maximum half an hour per day and he's made a massive 40% gain. Now, he's mentioned when he emailed me a couple things that have just really changed things for him. Number one, he did some one-on-one tuition with Paul Tillman. Paul has been working with me for quite a number of years. He teaches our clients one on one online. He also holds the live U.S. webinars for me every second week and he also moderates the forum site. An incredible trader, fantastic coach, great way of explaining everything. Brett's taken some tuition with Paul and he said that was just fantastic, money well spent just to get to that next level. He's also using our Place Fibo Order Script, which is a script for MT4 and MT5 that he literally drag onto the chart. It places your entry and exit levels with retracements, profits, et cetera, controlled risk. Makes placing a trade absolutely simple. No calculating lot sizes, no worrying about does this stop in the right place, or if you move it, do you move your position size or anything like that. It just does everything for you. It's a fantastic script. He also mentioned the value that he has placed in our interactive videos that are on our membership site. So our interactive videos are videos where one of our clients, Nick who lives over in Dubai has made them for us. Nick's made these videos in realtime when he's seeing a trade setting up and then you have to go through the video and you have to basically select the right answers of the questions when the video pauses in order to progress through the video. So it was almost like taking trades in realtime live, looking for the pros and cons that we're looking at and then progressing through the video. There's a lot of them on our site from different timeframe charts.
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    #430: Look Left, Look Right and then Look at Your Profits

    5:43

    Look Left, Look Right and then Look at Your Profits  Podcast: Click Here To Learn More About Blueberry Markets Click Here To Learn More About The Course #430: Look Left, Look Right and then Look at Your Profits In this video: 00:25 – How looking left and right will make you safer 00:58 - Don’t only look to the right 03:23 – Blueberry Markets receive great feedback 04:11 – Client makes +40% in the month by risking just 0.5% per trade 05:31 – Please share this video When you're trading, you need to look left, then look right, and then look at your profits. Let's talk about that more, right now. Hey there, traders. It is Andrew Mitchem here, the owner of the Forex Trading Coach, with video and podcast number 430. How looking left and right will make you safer And I want to talk about looking left, then looking right, and then looking at your profits. What do I mean by that? Well, as a child, we're always taught by our parents, aren't we, to look left and then look right before you're crossing the road or anything like that? And it prevents you from having problems. And in trading it's exactly the same, yet nobody does it, or very few people do it. Our clients do it because we teach them how to do this. And we talked about this on a correspondence with all our clients just this week, and we had really good feedback. So I wanted to share this whole concept with you. Don’t only look to the right  And in your trading, most of us look at the right-hand side of the chart, because that's where you take a new trade from. You're looking at the price level. You're looking at the candle pattern, maybe whatever indicator you're using, but most people look at the right-hand side of the chart. But what a lot of people don't do is they don't look then across to the left-hand side of the chart and see what's already happened, because that can give you an even higher quality trade signal, or it can prevent you from taking a trade that may look okay, but has some obvious previous price action back to the left-hand side, that should make you not take that trade. Now, when you look back to the left or right, you're looking at support and resistance levels, looking at swing highs, where's the price previously bounced at? Have I got enough reason here for my trade to be able to get in a buy trade up to its profit target? Are there any levels back to the left-hand side or ran numbers, previous areas where the price has hit that might actually prevent my price or my trade from getting to its full profit target? Likewise, you can use price action back to the left, to look at swing lows, let's say, or swing highs, and now we've come and bounced at that level and formed our bullish candle, looking for our by trade. So again, you've got a reason why your setup's good. You've got a reason why your profit target should be good to get to your profit target, but also you can use that same principle back to the left. Look at previous swing highs and lows and ran numbers to see, have you got any protection for your stop loss? Because the trade's not just about seeing the good setup, it's about saying, well, this may be a good setup, but it could take you out as a stop loss first and then go and hit your profit target. Of course that's no good. So what is in the favour of this trade in terms of our stop loss being protected, to allow the trade to develop over time, to then get to our profit target. So all these things you can use. So looking left and looking right, is a great habit to help you becoming a good, successful profitable trader, looking left and looking right and forgetting to do that can get you hit by a bus. So make sure you do it. Look, the reality is in trading, just so many people don't do it. They clog up their charts with too many lines and indicators and half the people don't even look at the price. But look left and look right. You look at what's previously happened and what is happening right now.
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    #429: Trading in a Covid World, plus a 7.5% Account Gain in a Day

    7:41

    Trading in a Covid World, plus a 7.5% Account Gain in a Day  Podcast: Click Here To Learn More About Blueberry Markets Click Here To Learn More About The Course #429: Trading in a Covid World, plus a 7.5% Account Gain in a Day In this video: 00:25 – Everything’s changed with Covid over the past 18 months 01:00 – Debate around masks, vaccines, lockdowns and passports 02:28 – Where to from here? 03:48 – Most issues disappear when you trade Forex 04:50 – Trader makes +7.5% gain in a day 06:00 – Are you looking for a good Forex broker? 07:15 – Send me your questions 07:31 – Feel free to share the video and podcast We're now traders in a COVID world. What does that mean for us as traders going forward, and how can you take advantage of it? Let's talk about that a more right now. Hey traders, Andrew Mitchem here, the Forex trading coach with video and podcast number 429. Everything’s changed with Covid over the past 18 months Well, obviously the last 18 months or so everything's changed for virtually everybody, it doesn't matter where you live in the world with COVID and all the effects of that. And it got me thinking about trading the Forex market and how good it really is and what advantages that we have going forward. I wanted to share some of those with you. And this is for you, it doesn't really matter where you live in the world, it doesn't matter whether you're a business owner, an employee, or an employer. Let me explain what I mean. Debate around masks, vaccines, lockdowns and passports So right now there's obviously a lot of debate around the world with masks, with vaccines, with vaccine passports, lockdowns, all those things are still going on, and depending on where you live in the world, different countries, slightly different rules. Here in New Zealand, we're still in lockdown mode. I have no idea why, but we still are. It's badly, badly affecting so many people business wise, emotionally wise, it's not good. And so if you're, let's say you're a landlord and you own a shop in a town somewhere, anywhere in the world. So obviously, over the last 18 months, it's been lockdowns virtually everywhere, and as a landlord that's going to be pretty tough ind going forward, that's going to be pretty tough because less and less people probably wanting to have cafes and shops, et cetera, in towns. And so as a landlord, what do you do? If you're the business owner, if you own the shop or the cafe or whatever it might be business in town, you've had lockdowns, you've had people not coming into work, and so you've had that issue. If you're an employee and you work those places, then obviously, for a lot of you, if you cannot work at home, you've been badly affected as well. Now if that's what's happened, and we can't change a lot of that, but let's have a think about going forward from here. Where to from here? Let's face it, most people don't like wearing masks. Personally, I think they're horrible things. I'm very lucky I work from home and I hardly ever have to wear one. Now if you're the sort of person, if you're an employee, you're now going to be having debates over masks, wearing them all day, and now vaccine jabs, and whether you ... And this is not about pros and cons or saying what my opinion is, my opinion to you doesn't matter. The point is that people are going to get very strongly one way or the other. You might think that masks and vaccines are the answer and they're fantastic. Likewise, you might think that masks and vaccines are just control and a waste of time. But the problem is going forward, if you're the boss, you've got to deal with this. You've got to deal with staff with different issues. If you're the employee, you're going to be happy if you are working with people who are or are not vaccinated, depending on your point of view. If you're the person walking around town, going to a shop or a cafe, and you're against vaccines and mass,
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    #428: Become an Investor, Not a Follower

    7:32

    Become an Investor, Not a Follower  Podcast: Click Here To Learn More About Blueberry Markets Click Here To Signup For the Live Webinar with Ryo #428: Become an Investor, Not a Follower In this video: 00:26 – Rich Dad Poor Dad email 02:24 – Unrealistic expectations 03:28 – Live webinar with Ryo Chong – come and learn 05:30 – Where to invest your funds? 06:50 – Register for the webinar on 25th September I'm going to talk about why you should focus on becoming an investor for yourself and not a follower. Let's talk about that and more, right now. Hey traders, it's Andrew Mitchem here at the Forex Trading Coach with video and podcast number 428. Rich Dad Poor Dad email And I have received an email this week from a guy I've been following for years. You probably heard of him, Robert Kiyosaki from Rich Dad, Poor Dad. I've been following him, read all his books and think that he just offers some really good, sound, sensible, common sense advice. I'd like to think that I do the same. But I'd like to read an email and a quote from him that I think relates to so many Forex traders out there, and it's all about investing and why you should learn to invest for yourself. But he asks the questions, do you really want to invest? And what he means by that is, he says that every day he receives emails from people, he talks to people and he says, basically, a lot of people are just too lazy to invest. And instead, they want him to tell them what to do. And he said, "That's not investing at all, that's just simply following instructions." He goes on to say, "That when people want to invest in something, what they really mean is they want someone else to tell them what to do." And he says, "Do not follow that path, instead, focus on becoming an investor." And it's what I tell people to do all the time. It's what I've been saying on these last 428 videos and podcasts, just like this. And it's great that he says exactly the same thing. Because like he says, he finishes up by saying, "When you are an investor, you know how to choose your own," he's talking about the stock market, but same thing with currencies, "You know how to choose your own stocks. You will know how to determine your profit goals, how to manage your risk, and so much more. When you are an investor, you will possess a life skill that no-one can take away from you." Now, just think about that for a second. That's so true, isn't it? And that's why I constantly say that good education is the cheapest thing you can do if you want to become a good Forex trader. Unrealistic expectations Now, I had a guy email me just this week saying that he's got about a thousand dollars to invest, and he expects out of that to learn from me and make a thousand dollars every week. And it's like, "Do you really think that's going to happen?" And I can bet he will be the sort of guy that all he would want to do is just follow and follow and follow. Now, that's great, and as part of the course, we offer that ability to follow. We post our daily trades, our forum site trades, et cetera, our live webinars, and that's exactly what we do. But leading on from that, our aim as Forex coaches, is to help you become independent profitable Forex traders, whilst learning from us along the journey. And that's part of the community that we have. But ultimately, in order to invest properly as yourself, you've got to learn to stand on your own two feet and do this properly for you. And that's the difference between someone that makes it and someone who doesn't. Live webinar with Ryo Chong – come and learn Now, leading on from that perfectly, is that next Saturday on the 25th of September at 2:00 PM Singapore time, I'm going to be holding a live webinar and a masterclass with one of my best new clients. His name is Ryo Chong, he lives over in Singapore, and hence why we're holding the session at two o'clock in the afternoon on Saturday, Singapore time, live.
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    #427: How to Trade while on Holiday/Vacation

    6:34

    How to Trade while on Holiday/Vacation  Podcast: Click Here To Learn More About Blueberry Markets Click Here To Learn More About Echo Trade Copier Click Here To Learn More About TFTC Pattern Trader Click Here To Learn More About 1-on-1 Private Online Coaching with Paul Tillman #427: How to Trade while on Holiday/Vacation In this video: 00:26 – Trading while away from home 00:53 – Trading in less than 30 minutes a day 02:09 – Amazing feedback about Blueberry Markets 02:48 – Credit offer on our Echo Trade Copier 03:46 – Paul Tillman on holiday/vacation in Florida and trading 04:45 – TFTC Pattern Trader and Echo Trade Copier 05:35 – Get in contact with Paul Tillman regarding one on one tuition I'm going to talk about how you can trade whilst on holiday or vacation, and show you how Paul Tillman's been doing just that for the last two weeks in Florida. Let's talk about that and more right now. Hey, traders, Andrew Mitchem here, at the Forex Trading Coach with video and podcast number 427. Trading while away from home That's right. I want to talk about trading while you're away. And Paul's been over in the US trading, with his family on holiday or vacation as they call it, for the last two weeks, spending time at Disney World. And I'm going to cut to a video in a couple of minutes that Paul has made, especially for you. Stood outside of Princess Castle with his Mickey Mouse ears on, making a video just for you, for this week's video and podcast. So we'll get to that shortly. Trading in less than 30 minutes a day But the thing I want to cover is he's done that whilst trading in less than 30 minutes per day. And Paul explained how he's done that. And the reason is, is because we only look at the close of a candle for a new trade. Give you a quick example. Wednesday of this week, we posted six trades on our membership site on the daily chats, all in to profit. Four of them have closed for full profit as I'm talking to you right now. Two still open in profit. Yesterday, being Thursday, no daily trades. Happens sometimes. The market was a little bit quieter, but I took a 12 hour and a six hour at the 5:00 PM, New York close, and profit out of those as well. And clients follow these as well, by the way. Just last night my time, I took five trades on our 12 hour charts at the 5:00 AM Eastern Standard Time, change over, all in profit and it just shows what can be done, but just really it's about less is more. Quality of trades, taking them when you see them, knowing when to look at your charts. When you see the setups, knowing exactly how to enter and exit. It's the same principle. It's low risk trading, but high reward to risk trades. Amazing feedback about Blueberry Markets So just wanted to also, before we go to Paul, give a quick shout out for Blueberry Markets over in Australia. The feedback that I've been getting from people who have never traded through them, and now gone through to them over the last few weeks, has been unbelievable, just constantly good feedback. And people don't really compliment brokers, do they? It's very rare. Everybody's quick to moan at a broker, but not many people compliment a broker. And I've got a very high number of emails, people saying to me, "Hey Andrew, you recommended me go and look at Blueberry and consider trading through them and I've done it. And it's fantastic, and it's a really enjoyable process. And I appreciate you letting me know about them." Credit offer on our Echo Trade Copier One thing, also, at Blueberry, as I mentioned last week, I've managed to twist their arm and I've got them to extend their credit offer on our Echo Trade Copier account. So if you want to have your account traded automatically or auto-magically, as I like to call it, at the same ratio as my own master account, then Echo Trade Copier is the place to go. And Blueberry Markets will give you a credit for a new account for up to 12 months credit of our Echo Tr...
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    #426: Why You Don’t Need Money to Trade

    8:35

    Why You Don’t Need Money to Trade  Podcast: Click Here To Learn More About Blueberry Markets Click Here To Learn More About Echo Trade Copier Click Here To Watch Ryo’s Testimonial Click Here To Learn Check Out FPA reviews Click Here To Learn More About my TFTC Forex Coaching Course #426: Why You Don’t Need Money to Trade In this video: 00:29 – The perception that you need a lot of money to trade 02:46 – I’m looking at starting a lower cost course. Are you interested? 03:54 – Blueberry Markets will extend their Echo Trade Copier offer 05:15 – A new video from Ryo on our Testimonials page 06:09 – Great new reviews on the FPA site 06:52 – Live trades on live webinars, 4/4 Profitable trades 07:52 – Get involved I'm going to explain to you why you actually don't need money in order to trade properly. Let's talk about that and more, right now. Hey traders, it's Andrew Mitchem here, the owner of the Forex Trading Coach with video and podcast number 426. The perception that you need a lot of money to trade I've got six things I want to talk to you today about, so lots to cover. First thing is about the common perception that people have. They think they need a lot of money in order to trade. The reality is, you don't. Sure you need to learn how to trade, but in terms of having a massive account size once you know how to trade, you don't need to. A lot of things you can do. One thing you could do is have a subscription service and sell trading signals, exactly we do for our Echo Trade Copier. You charge $50, $100 a month, and people can follow you automatically and you can build up your account size that way. But another way that a lot of people don't realise is the massive amount of emerging prop firms out there. And what that means is, for some of them they may charge you a small amount to get started, and they may give you then a small amount of funds and you have to prove to them that you can trade by making X percent with the restrictions they have in place, with low draw downs, et cetera. And then over time, if you're good, they will then increase that amount of capital that they will allow you to trade on their behalf. And then for some of them, there may be a 50/50 split. So if you're something like up to $100,000 account, and of course you could do this on several different firms as well, but let's say you had a $100,000 account, you're making, let's say 10% in a month. What's that? That's $10,000. You're doing a 50/50 split on revenue. You could be $5,000 a month from different prop firms, earning for yourself. And that way, you can then invest that back into your own personal trading fund and trading account and earn on that as well. So, many ways that you can do it. Don't just think, "Oh, I've got $2,000," or, "I can't do this. I don't have enough in my account." A lot of people say to me, "Hey Andrew, if I bought your course, I don't have any money left in my trading account to trade with." But it's just the wrong way of thinking. You have to learn to trade first. You've got to invest in your education and yourself first. All the prop firms signals is fantastic, but once you know what you're doing, and that's the important thing. So, get the process right to start with. I’m looking at starting a lower cost course. Are you interested? So, that leads me on to point number two. I'm thinking about starting a low cost course. So, for less than the price of a cup of coffee each day, I'm looking at having a group of people together with a completely different smaller membership site with some trading videos, still with access to my daily trading suggestions as well. It's something that, I think there's a lot of people out there that would like that kind of thing. Let me know if you're interested. If you are, just send a reply or email me, andrew@theforextradingcoach.com, or just send reply to this email that you get the video on, or the podcast on,
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    #425: Things to Know as a New Forex Trader

    8:05

    Things to Know as a New Forex Trader  Podcast: Click here to learn more about Blueberry Markets Click here to Learn More About Echo Trade Copier #425: Things to Know as a New Forex Trader In this video: 00:22 – Are you brand new to trading? 01:01 – You can do well from trading, if you know where to look 01:58 – Start with a small demo account 03:53 – Choosing a good broker 04:40 – Echo Trade Copier is at +30.7% in 6 months 06:32 – Tips for new traders – find the right people 07:24 – We’ve helped over 3000 traders from 98 Countries over 12 years How do you start out as a brand new Forex trader? let's talk about that and more, right now. Hey, traders, it's Andrew Mitchem here at the Forex Trading Coach with video and podcast number 425. Are you brand new to trading? And I want to make this video for you if you are brand new to trading or if it's something you're just looking at getting into and you don't really know where to start because the Internet's an absolute minefield. There are so much information out there online about Forex trading. Unfortunately, most of it's not particularly good, and most of it's written by people who are not really traders. So you got to be a little bit careful out there. And it's almost like if it's too good to be true, just don't go there. If it's all showing you flash cars and Ferraris and people sitting on their laptop on the beach, don't go there. You can do well from trading, if you know where to look But the good news is, is that you can do extremely well from Forex trading, but you just need to know how to get there first. So when you start out, it looks flashy. There's flashy results, there's flashy indicators, there's all these cool things. But just take it back a step and treat it real. I really encourage everybody to do research. Don't just jump in head first and think you're going to become a millionaire by next week, because you're not going to make that work. It's going to end very, very badly. Do not treat it as a gamble either. Now, if you think about starting something new, new sport, hobby, whatever it is, job, anything at all, you've got to start at the beginning and find someone to help you, coach you, and that's important as well. You've got to have support around you, and there's nothing better than basically to sort of fast track yourself by getting some good help and good support. Start with a small demo account Now when it comes to the charts, I would suggest that you get onto a demo account and you start with a small demo account. Don't start with $100,000 demo account because reality is, is that for almost everybody, you're never going to start with $100,000 live account, so don't start with a demo account of that size. It's just going to fall you and get you into a false sense of security. Look, I made that mistake myself 17 years ago. Back then, there weren't people like myself helping other people like you out there and giving you the realities of training. So I've made all the mistakes. Trust me. It took me about four years of going round and round in circles making these mistakes and I can help shortcut those for you. So when you get onto a demo, treat it like it's real money and try and work out what's actually happening in the market. Look at candles, what they're doing, what they're telling you. Look at correlation between different currency pairs. Look at the price on the right-hand side axis on your charts and just see where the price is moving to and why, where it's stalling, where it's changing around, see how different timeframe charts interact with each other. What time of the day do different things happen, and what's happening at that time in New York or in London, and actually figure out what's happening and why. If the Australian and U.S. moves up, does the Australian yen move up with it? Does something like the pound Australian then move down at the same time? So you're getting the correlation,
  • Online Forex Trading Course podcast

    #424: Making Money from The Daily Chart Trades

    8:15

    Making Money from The Daily Chart Trades  Podcast: Click here to learn more about Blueberry Markets #424: Making Money from The Daily Chart Trades In this video: 00:26 – Lockdowns and how we can trade as normal 01:05 – Follow us trading on the Daily chart trades 01:50 – Posting trades every day of the trading week 03:36 – August D1 trades at +12.1% in 3 weeks 04:20 – Client in Singapore takes 5x H2 chart trades and all 5 hit their profit targets 05:33 – We post MN1, W1, D1 and other time frame chart trades 06:14 – Trading at Blueberry Markets 07:25 – Free access to Echo Trade Copier via Blueberry Markets I'm going to explain to you how our daily trade suggestions on our membership site are making our clients profitable. Let's talk about that and more, right now. Hey traders, Andrew Mitchem here at The Forex Trading Coach with video and podcast number 424. Lockdowns and how we can trade as normal Coming to you from yet another lockdown in New Zealand. One of the great things with trading is whatever these governments are doing, clearly not working, trading from home it doesn't really matter we can just carry on with our lives. It's a great opportunity if you are stuck at home, obviously Australia's in lockdown again right now and who knows what's happening here because I don't think anybody does, if you ever want to get to a stage where you can forget all that and just enjoy making a really good income from home, Forex is one of those few options that you have. Follow us trading on the Daily chart trades So let's talk about the daily trades now. One of the issues that traders have when they start is they don't know really what to do. They lack strategy, they lack confidence. The self-doubt. There's not really a lot of people you can ask when you're developing a strategy or even following someone else's strategy. It becomes a problem, because you start doing things wrong, you start adding things or bringing in a bit of a system that you used to do. It just develops into a big mess, really. Self-doubt comes in and you start losing trades and you give up. You go through the whole cycle again. If you've been trading for anything length of time you know exactly what I mean. Posting trades every day of the trading week One of the things that we offer at The Forex Trading Coach, and have done so since 2010, is every day of the trading week, five days a week, we post specific trades based off the daily timeframe charts. Great thing about the daily timeframe charts is it gives us one, two, three trades a day most days. It also means it doesn't matter where you live in the world, you can place the trades. It doesn't matter what timezone, what work commitment, or anything. Whether you're in lockdown or not in lockdown, you can place these trades. We've got clients in 98 countries, active clients in 98 countries, and no one has an issue because of the way that we place the trades using limit orders. So one of the advantages of that is that you can go to your charts, you can see the trades that we're placing based on our updates each day on our membership site. Now we talk about the specific pair that we're trading, the direction that we're trading, two or three sentences about why we're taking that trade, plus the exact entry and exit levels. Now, it does a number of things. Obviously if we get that right, all the clients earn money. And that's great. We're placing the trades ourselves, and of course we aim to get profitable trades. But the other thing is, and it's often an overlooked part of it, is that is training your eye to actually see the set up. And it's in real time, so we're not hindsight traders, we're not economists. I'm not telling you what happened yesterday. We're saying this is what we're trading today and why and here are the entry and exit levels, which is of course what you learn in the course anyway. So that helps you to develop confidence. August D1 trades at +12.
  • Online Forex Trading Course podcast

    #423: Preparation is the Key to Your Trading Success

    9:04

    Preparation is the Key to Your Trading Success  Podcast: Click here to Learn More About my Course Click here to learn more about Blueberry Markets #423: Preparation is the Key to Your Trading Success In this video: 00:21 – Hard work and preparation pays off 01:47 – It’s the same in learning how to trade 01:59 – The planting of 1500 trees 02:43 – Trading on a demo account – the ups and the downs 04:05 – Once you’ve done the hard work, the rest is the easy part 04:30 – Daily trades up +11% gain in August, plus feedback from a new client 05:30 – Blueberry Markets will fund an annual subscription to Echo Trade Copier 06:50 – Sharing some of the tree planting images 07:46 – You must take action if you want to succeed 08:36 – Contact us if you really want to learn how to trade properly Some preparation and some hard work up front are the keys to your Forex success. Let me share details with you and explain more right now. Hey, traders, Andrew here with video and podcast number 423. Hard work and preparation pays off Brought you outside. I want to share a few things for you that are non-Forex related and then show you how they blend in and can help you with your trading. So here we are outside and little bit hard to see here, but over the last few months, myself and my wife, we've cleared one of our steep sidling gullies here. I'll show you more in a minute with some more pictures. And this was just scrub. It was just utter rubbish, full of bramble, gos, really high, just full of utter rubbish. We've cleaned it out. We've cleared it. And over the last three weekends, myself and my wife, we have done all the hard work ourselves. We're planted 1,500, that's 1,500 plants here over the last three weeks. It's been hard. It's been dirty. It's been wet. It's been cold at times. The ground's slippery, but we've done all the preparation. We cleared everything first. We did that boring groundwork. And when you're doing that preparation, there's not a lot of reward in it. There's other things you'd rather be doing. Let's face it. But the preparation is key. If you don't get the preparation right, then all the subsequent work that you do with the planting, it's pretty much wasted. It’s the same in learning how to trade And when you think about it, trading's exactly the same. If you don't do your groundwork, if you don't learn something properly, if you don't put the time and the dedication into it, then the rest of it's pointless. The planting of 1500 trees We then moved on to the planting. Little bit more exciting when you're doing the planting. You can actually see you're making some progress and then we're putting all these covers, to stop rabbits and everything else happening here. So the trees have a good chance of growing, good success rate. Let's see in here. There's heaps of them. There's 1,500 of them here we put in. It's basically restoration of gullies back into native plants, so it's good for the birds, good for the environment, good for the land good for everything really. And it's just totally useless land otherwise. But the reason why sharing this with you is that once you get into the planting and the trees, you can something happening. Trading on a demo account – the ups and the downs And it's a little bit like getting onto a demo account. You start to put things into practise, you can see some action. But the thing is, and I'm going to share with you some of the slopes that we've planted a little bit later, is this is again, this hard work, and you've got to do it properly. I've been slipping down this bank here being covered in mud, here getting rained on. Again, it's hard work, but you've got to keep going if you want to get there. And if you really want that goal of trading properly, of seeing this grow, whatever it is, you've just got to keep going. It's quite hard when you're putting in 20, 30 plants and then you go back and pick up another hundred and then you see t...

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