Trade Bitcoin Like a Pro Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #607: Trade Bitcoin Like a Pro In this video: 00:26 – Do you want to know how to trade Cryptos? 00:45 – I want to buy Bitcoin. 01:50 – What’s your local exchange rate against the USD? 02:28 – Trade Crypto using my proven FX strategy. 02:55 – Wait for a pullback first. 03:22 – Trade only the bullish patterns. 03:49 – Trade a different crypto that is a better buy. 04:54 – Check out my new 30 minutes Masterclass. 05:18 – Book a call to talk with us. 05:22 - Blueberry Markets as a Forex Broker. 05:48 – Like, Share and Subscribe Today, I wanted to share with you how you can invest in the crypto market wisely, using a proven trading strategy. So let's talk about that and more. Right now. Hey there, Forex Traders! It's Andrew Mitchem here at The Forex Trading Coach with video on podcast number 607. Do you want to know how to trade Cryptos? So today we're actually not talking about forex. We're going to be talking about cryptos. You see this so many people out there jumping on the bandwagon of buying cryptos. And unfortunately most people don't really know what they're doing. The trouble is that just buying cryptos or coins because of that whole FOMO, the fear of missing out. I want to buy Bitcoin. And a classic example of that is just a few weeks ago, I was talking to a friend of mine and she said, look, Andrew, I've gone and bought some Bitcoin. I said, fantastic, but why did you buy a Bitcoin when it was an almost like it's an all time high. So far it was up close to $124,000 USD. And you know that so far has been the highest it's ever got to. And she said oh well, I've just got some money through the sale of a property and I thought I'd buy some bitcoin. You know, I don't want to miss out and I think it's going to go higher and higher. I said, well, okay, look if you're willing to hold it for, you know, months, years, it could still well be an okay decision. But the here's the issue that I find with so many people is they are not buying a crypto for a particular reason. They buy Bitcoin because they know Bitcoin. And everybody says it's going to go to 200,000. And so you're buying it thinking it's going to go up. Probably not a great way of doing it. And there's probably other things you can do to make that decision better. What’s your local exchange rate against the USD? Now added on top of this, if you don't live in the US and you're buying it in equivalent of another currency, like for me and my friend who is New Zealand dollars right now, the New Zealand US dollar rate is really, really terrible for us because the US is strong and then New Zealand is weak. And therefore if you're buying an equivalent in US dollars, you've got a double whammy. You've got the let's say Bitcoin that almost an all time high. And you've got the NZD/USD rate at very low rate. So you're getting smashed on both sides. It's costing you a lot of money in your local currency to go and buy already a high value product such as Bitcoin. Trade Crypto using my proven FX strategy. Now take this back to how we trade and how we can help you. There's a few things you can do because we trade cryptos using my proven forex strategy in exactly the same way as we would trade, let's say the EUR/USD. And what we're using is technical analysis. And you can apply some very simple basic. Once you know what you're doing technical analysis to make your crypto decisions better. So let's stick with our example of buying Bitcoin. Wait for a pullback first. Instead of just randomly buying Bitcoin at today's price. You could instead use some good technical knowledge and wait for a pullback and then a bullish opportunity to go long again and buy it at a lower and better price.
Independent Wealth: Trading for True Freedom Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Learn How to Gain 1% Daily #606: Independent Wealth: Trading for True Freedom In this video: 00:27 – Independence is awesome. 01:02 – Monetary independence. 02:17 – The good old banking days have gone. 03:00 – Do you fit the narrative? 04:01 – Self-reliance through trading. 05:32 – Brand New Forex Masterclass. 06:15 - New course pricing structure available. 06:57 – Blueberry Markets as a Forex Broker. 07:22 – Like, Share and Subscribe I'm going to talk today about becoming your own bank and how, through becoming a good trader, you can achieve this for yourself. Let's get into that more right now. Hey there, Traders! This is Andrew Mitchem here at The Forex Trading Coach with video and podcast number 606. Independence is awesome. Today I want to talk about being independent. I choose to become independent with the way that I live. We grow the vast majority of our own food. We have access to our own meat. We catch our own fish. I've got beehives for our own honey, and we like to grow and produce as much food at home as we can because it allows us to be independent. And alongside that, you've got all the obvious health benefits. So that's a personal choice. Monetary independence. Now, when it comes to money, I also personally choose to become as independent as I can. Just last week I was interested in purchasing a rural property with my wife, and I thought, well, let's go and ask the bank to see if they would help finance it because, you know, money's relatively cheap. And if you can get finance at, sort of, 5%, let's say, and you're making, let's say, 5% in a month through your trading, well, you're better off borrowing from the bank. So we approached the bank to see if they would help us for this property. I was amazed that one of the first questions I got asked was about my age and my retirement plans. Now, I had zero retirement plans or anything. I'm 52 years old. And it just struck a chord with me. It's like, wow, these banks, you know, they go through these processes of ticking boxes. Whether it’s AI-induced, I'm not sure. The good old banking days have gone. But rather than the good old days when you used to go to a bank manager, they’d go, “Hey, Andrew, what do you need the money for? Oh, I think you can do that. We’ll back you. That'll work.” In simplified terms, that's how it used to be. Today it's no longer like that. And I just found it really off-putting that the bank's more interested in my age and my retirement plans—of which I had zero—because I love doing what I'm doing. I'm only 52. Yet whether the property was a good property or not, how much cash we were going to inject in it, or what the property was going to make as a rental or anything like that didn’t seem to matter. Do you fit the narrative? It just basically gave me that reminder of: hey, do you really want to be in the way that things should be done these days? Because it seemed to me that if you don't fit the narrative and you don't fit the model, then they're not so much interested in you. And it again came back to my trading. It's like: become your own bank. So if you're slightly more mature and older, in the 50s and beyond like I am, then you may also find that if you need borrowing for any investment property—or whatever you need it for—things today are a little bit tougher than what they used to be. If you're watching this and you're young, then obviously you've got time and experience to come, but you've got time on your side. So whichever you are—whether you're older and heading toward retirement, or not even thinking of retirement, or you're in your 20s—this applies to everybody. Self-reliance through trading.
The Secret to Better Forex Entries Revealed Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Learn How to Gain 1% Daily #605: The Secret to Better Forex Entries Revealed In this video: 00:28 – Avoid using a market order. 01:24 – Learn what a pending order is. 01:58 – You can enter the position and let the market work. 02:48 – Buying at a better price. 03:24 – Helps reduce emotions. 03:39 – NEW Masterclass. 03:52 - New course pricing structure available. 04:15 – Book a call with us. 04:23 – Blueberry Markets as a Forex Broker. 04:43 – Like, share and subscribe. Today, I want to talk about why I believe that in most cases, entering a market order as a trader is not a great idea. So let's discuss that topic and more right now. Hey there, Traders! it's Andrew Mitchem here, the owner of The Forex Trading Coach with video and podcast number 605. Avoid using a market order. And you heard that right. I believe that using a market order for most of your trades is not a great idea. And there's many reasons for that. One of the reasons, I think, that you should never really enter a market order is because what does the price right now mean? What does it signify? Most people find that they enter a trade because they happen to be at their computer, and they happen to see a set up, and therefore they just enter straight away using a market order. And the issue I have with that is very rarely do people find that that price has any significance. It probably doesn't have any price level. It may not broken through any barriers. And so by entering the market for most people, most of the time it means they're entering right now because I'm at the computer, I think there's a trade. I'm going to enter a trade, buy or sell. Learn what a pending order is. What I find, though, is that a lot of people do not understand pending orders particularly well. Most people, don't use them, and a lot of people don't even know they exist. So you can have what's called a buy or sell stop or a buy or sell limit. Now, I am a massive fan of using limit orders, so a buy limit means that you are buying below the current price and the sell limit means you're taking a sell position if the price goes higher than where it currently is right now. You can enter the position and let the market work. The beauty of those trades is it means you do not have to be there when the price gets hit. And when you think about it, if you're taking a buy trade and the price is at a certain level, and you're saying, I want to enter this buy trade, but if the price drops first, you getting in at a far better price. It means that for the when the price takes off and you anticipate it direction back up again, it means that that movement between where the market may be at the when you saw the trade and you'll buy limit order or the market needs to do is get back to the same market order original price and you're already into some profit and beyond. So therefore, what it means is your reward to risk becomes massively greater as well. You could simplify it and think of it this way. Buying at a better price. You're going into a shop and buying something at $100. I could go into that shop and say that when you drop that price later today to $80, I want to buy it. And it's a very similar thing to that. So if the shop doesn't drop its $80, you miss out on the trade. But if they bring that price back to $80 or $75, or you've bought the item, you know you get in at a better price and you bought the item at a lower price, then entering straight away in that example at $100. Helps reduce emotions. And so that is where you can use limit orders. It takes away the emotion of your trading because you're not like in the market scrambling now,
Why Your Last Trade Doesn’t Matter—Long Term Results Do Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Learn How to Gain 1% Daily #604: Why Your Last Trade Doesn’t Matter—Long Term Results Do In this video: 00:33 – Trading is just like any other investment. 01:25 – Control your emotions. 02:00 – Become successful in the long run. 03:00 – Chasing the shiny object problem. 03:28 – Our strategy has long term proof. 05:20 – Keep your risk per trade low. 06:14 – High reward:risk trades. 06:44 – Get on my Forex Masterclass. 06:56 – Book a call to speak with us. 07:01 – Blueberry Markets as a Forex Broker. Today, I'm going to talk about why you should focus on your long term results, rather than worrying about short term individual trades. It's going to massively help you to become a successful trader in the long run. Let's talk about that a more right now. Hey there, Traders! It's Andrew Mitchem here at The Forex Trading Coach with video on podcast number 604. Trading is just like any other investment. Today I want to talk about why I believe you should focus on your long term results. You see, trading is like any other investment. You've got to look at it as a bigger picture. And I find that far too many people get really caught up on, say, the last trade or the last few trades or even the last week's trades. And it creates a danger because, you know, in trading you could have a few lucky trades. You know, you could put some on that. Maybe not particularly. Exactly as your strategy suggests. But you get lucky and they end up winning. And you might have things like seasonal, time adjustments, time of the year when, you know, markets are a little bit flat or really, really good. And you've got to allow for all these things. Control your emotions. Because to me, there's two things you have to control in your trading. Once your heart and the other in your head, those emotions are vital that you can control them properly. And the danger is, if you're focusing on your last few trades, you can get massive buzzes and massive highs. If you've like, done really well and had a few successful trades. Likewise, if you had a couple of losses in a row and things just don't seem to be working out, you can get some real so lows and you're thinking, oh, is this just all doom and gloom and not working? And that is where I see the issue. Become successful in the long run. You see any good trader with good trading skills and a good sound strategy and knowledge will be successful in the long run. And that's where your focus needs to be. Because, you know, no investment is a straight line. Not every day are you going to make money as a trader? Not every week, sometimes. Not every month. And that's part of the overall, you know, part of trading that you have to understand. And that's where the danger of focusing real short term, can create so many issues. And that's why I find that so. And look, I used to do this myself years and years ago. I don't know, luckily, because I worked out what works for me. But years ago, I used to chop and change systems. I used to, add this indicator used to over optimize this, buy this bit of software, automate this, you know strategy, buy the next book, whatever it was, you know, you going on, you know, forum sites and finding the latest, greatest idea. And of course, none of them work. Chasing the shiny object problem. And so that becomes the, the chasing, the shiny object, problem that so many people have. And that's because they're focusing on, well, one, they probably don't have a good strategy and really know what they're doing themselves, but also they're focusing like what's happening right now. Is this a couple of losing trades in a row? Oh, get rid of that system. It's terrible.
The Hard Truth About Trading Success Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Follow my 30 Trader US Update Click Here To Learn How to Gain 1% Daily #603: The Hard Truth About Trading Success In this video: 00:37 – Is trading Forex a real job? 01:42 – How to being a trader lucky? 02:05 – The realities of becoming a good trader. 03:00 – Good things are hard to achieve. 03:38 – Moving to the other side of the world to live. 04:13 – The commitment of becoming a karate sensei. 04:49 – I learned how to fly a helicopter. 05:33 – Playing the guitar and singing. 05:52 – Time to get off your bum and make a difference. 06:44 – What are you going to do to help yourself? 07:35 – Get on my Forex Masterclass. 07:46 - New course pricing structure available. 07:56 – Blueberry Markets as a Forex Broker. Do you find that when you tell people that you are a trader or want to become a trader? They don't think that you have a real job, and they think that you might be a bit lucky because you can work from home or just work on a computer. I want to talk about that because I've experienced that a lot myself in the last week. Let's get into it a more right now. Hey traders, it's Andrew Mitchem here, the owner of The Forex Trading Coach. A video on podcast number 603. Is trading Forex a real job? I want to talk about the human psyche. I find it really interesting. Fascinating. You see, when I started trading some 20 years ago, I had a very young son at the time, and I'd finished being a dairy farmer because of divorce, and people looked at me a little bit strange. They thought that I was starting this sort of what what was I doing? I meant to be looking after my young son. I didn't have a real job. I was doing this weird, strange thing called trading on the computer. And I think a lot of people, you know, just looked at me a little bit sideways and thought, this guy's just lost the plot here. Why doesn't he go and get a real job? And then fast forward some, what, 20 plus years later and after just spending the last four weeks in the US on holiday with my wife for her 50th birthday, the amount of comments that I've had either in person or online, or email from people to say, you're so lucky you can do that. How to being a trader lucky? And I just find it fascinating, like lucky. How how is like trading lucky? I don't quite get it, but people just think that because, you know, you're either sitting at home on a computer or like, we've just spent four weeks traveling round on a road trip around the US. They think you're lucky. And I find it absolutely incredible. And I'm sure if you've been trading for any length of time, you probably understand what I mean. The realities of becoming a good trader. So I'd like just to sort of set the record straight about what good trading is. If you trade, you know, and if you're starting to trade or looking to trade, you need to know this. Good trading is not easy. Good trading takes a lot of time investment in yourself, both monetary and time wise. A lot of frustration, a lot of going round in circles. And it's not easy because if it was easy, everybody would do it, wouldn't they? And if it is easy to make lots of money, everybody would be doing it. But the trouble is, most people are just lazy and that's just the honest truth. You know, hard work, dedication, commitment, effort, those type of things. Sadly, a lot of people lack, these days. Now, I had a think about this when I was just thinking about putting the video together, and I thought about things that I've personally done and, you know, the enjoyable things and how hard they are. Good things are hard to achieve. So back when I was a teenager, I was a reasonably good cricket player. Couldn't bat,
The Freedom of Trading Anywhere, Anytime Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Follow my 30 Trader US Update Click Here To Learn How to Gain 1% Daily #602: The Freedom of Trading Anywhere, Anytime In this video: 00:34 – I’m back home in New Zealand after 4 weeks in the US. 01:07 – TFTC Coaching remained the same. 01:22 – Lessons from trading while on the road – see here https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel-updates/ 02:09 – Less is more approach to trading. 03:03 – Trading in 5 minutes a day and set and forget. 04:13 – The power of an amazing trading community. 05:55 – New course pricing structure available. 06:50 – Blueberry Markets as a Forex Broker. 07:30 – Summary of our US road trip. So I've just got home to New Zealand, and I've spent the last four weeks trading and traveling around the US on a big road trip with my wife. I'm going to talk to you about what you can learn from my experience, and how it can help you when trading and traveling for yourself. Let's get into that more right now. Hey there, Traders! Andrew Mitchem here at The Forex Trading Coach with video and podcast number 602. I’m back home in New Zealand after 4 weeks in the US. Back in beautiful New Zealand. Back in the winter here. Lovely dark blue sky day. Sunny days. Really great to be home. But we had a great four weeks traveling around the US. I drove on the wrong side of the road for me, and I covered over 4000 miles or 6500km, and we visited ten states. Now, on that trip, I carried on trading exactly the same as I would have from home. Obviously the time of day slightly different. TFTC Coaching remained the same. But everything that I did was exactly the same as I would do from here as far as our coaching is concerned. We still had our live weekly webinars, our live webinars for clients to join in, European session and US session. We still posted our daily trades each day. We still had our form site updated and so everything carried on. Lessons from trading while on the road – see here https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel-updates/ But from a trading perspective, what I gathered from that trip is you don't have to trade all the time to do really well. And so for me, I took some monthly chart trades. In fact, I've still got a New Zealand US dollar sale trade on. And this week the New Zealand dollar. In fact just yesterday just crashed. And it's really help that trade. But longer term on the monthly chart we have a sell trade from the beginning of August. Now if you've been following me you would have seen that I documented my trades that are taking on the monthly charts, the weekly charts, the daily charts and other time frame charts while I was in the US. So I'll put a link here. You can have a look at those 14 videos that I took while I was there. And you can see the trades are taken and the results of them. Less is more approach to trading. But it just showed to me that it doesn't matter whether you want to travel and trade or whether it's just normal life going on and you've got job, family, you know, sports, hobbies, whatever it might be, and you think that you don't have time to trade, well, it's just not true. You do have time to trade. Everybody has 24 hours in the day, but you don't need to spend so much time as you think, actually doing the trading once you know what you're doing. And so I looked at the charts at the beginning of each week looking at the monthly charts, and at the beginning of the month, beginning of August, we looked at the monthly charts and took that trade I mentioned on the NZD/USD And then each day we looked at the daily charts. Now, because that's 5 p.m. New York time. At the same time, the 12 hour charts,
Why Quality Trades Beat Quantity in Forex Trading Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Follow my 30 Trader US Update #601: Why Quality Trades Beat Quantity in Forex Trading In this video: 00:36 – Trading from the US while on vacation. 01:00 – July and August can give us tougher trading conditions. 01:58 – Less trades but focus on higher quality trades. 03:00 – Look at a variety of time frame charts. 04:01 – Get onto my 17 minute masterclass. 04:08 – Blueberry Markets as a Forex Broker. 04:11 – Have a chat with us, ask us a question. Andrew Mitchem As you probably know, if you've been trading for any length of time, what time of year you trade can also make a big difference in your trading. Currently, summer here on holiday in the US with Paul Tillman and sometimes the summer conditions are not always the best, but we are heading towards the end of the northern hemisphere summer and, good conditions ahead. So let's get into more right now. Andrew Mitchem Hey, traders! Andrew here at The Forex Trading Coach with video on podcast number 601. Trading from the US while on vacation. Currently on holiday in the US for vacation. Been here for a few weeks. And currently with Paul Tillman and his family here in North Carolina. Currently at Grandfather Mountain a little bit hard to see behind us. We're up in the mist at just over 5000ft. Andrew Mitchem Point of this video though, is that we're here trading as normal whilst on vacation or on holiday, and we've had a couple of really good weeks since I've been here. July and August can give us tougher trading conditions. And despite that, we are in the kind of the quiet time of year and Paul living here will know more about that. But northern hemisphere summertime, July, August can sometimes be tricky conditions. Andrew Mitchem But as Paul is going to explain to you, we're heading out of those conditions and into some good ones between now and Christmas. Paul Tillman Right? So right now a lot of people are on vacations, holidays, school is out. A lot of good weather. People are out traveling. So the volumes just naturally going to be lower. Not as many people trading. So the conditions are what are it tougher or more sideways price action? Not as much. In terms of defined trends up and down trading conditions are are okay, but they're not great. Paul Tillman Definitely see better. Earlier in the year, before the northern hemisphere summer, and we're coming into, a nice time here in the US fall all the way up to Christmas. We're trading conditions will be very, very nice. We'll have much better trends and, much more quality and high probability setups to pick.. Less trades but focus on higher quality trades. Andrew Mitchem So the important thing is there is that although we've had some great trades, we haven't had a lot of trades. And so it's more about the quality of the trades that you take. And so each day we go through the daily charts and just yesterday we had two trades on the daily charts at the beginning of this week. Andrew Mitchem And we also had seven trades on the weekly chart. Paul Tillman Lots of those. Andrew Mitchem Yet the week before we had very few on the weeklies. But we did have a few trades for the month of August. So we're looking on the completion of a candle on the close of a candle, but we've been very selective on the trades that we do take because of these conditions. Andrew Mitchem So it's really important to remember it's the quality of the trades that you take. Not so much the quantity. We've been really selective on the trades we've taken over the last couple of weeks. Just two trades yesterday on the dailies, but seven weekly chart trades and not so many on the shorter time frame charts just because...
How to Stay Profitable in Any Market Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Follow my 30 Trader US Update #600: How to Stay Profitable in Any Market In this video: 00:35 – Joined by Paul Tillman in the US. 00:55 – How Paul joined TFTC as a client and then coach. 01:42 – Paul's role at TFTC. 02:18 – The TFTC strategy has never changed. 03:34 – Why would a strategy work on just one pair or time frame? 04:13 – Paul's advice to people who are looking to become a good trader. 05:03 – Join my Masterclass. 05:14 - Blueberry Markets. 05:45 – Paul's best financial decision. Andrew Mitchem The Forex Trading Coaches over 16 years old, and we've been providing information for traders right around the world for a long time. And this is video podcast number 600 where I'm in the US with Paul Tillman. So let's talk about the longevity of what we do and the quality of what we offer and how we can help you to trade successfully. Andrew Mitchem Let's get into that a more right now. Andrew Mitchem Hey traders. Andrew here The Forex Trading Coach with video and podcast number 600. Joined by Paul Tillman in the US. Andrew Mitchem I'm joined here in the US in Asheville at Biltmore House with Paul Tillman. Paul Tillman Hey everyone. Glad to see here. 600 episode big milestone. Andrew Mitchem It is indeed. And one of the things that we like to talk about at The Forex Trading Coach is the consistency of what we offer and the longevity of what we offer. How Paul joined TFTC as a client and then coach. Now, Paul, maybe you could just give a bit of an introduction of yourself and how we got to meet each other and work together. Paul Tillman Absolutely. So, Paul Tillman, I live here, in North Carolina, and I joined Andrew as a client just over ten years ago. I tried to find red flags from a previous experience, and Andrew didn't have any, so, I joined in, and after two years, I said, hey, Andrew, I'd love to, help work with you. And, I have that kind of representative of, trading here for the Forex Trading Coach, in the US and, this side of the world. Paul Tillman So, it's been eight and a half years. We've been working together. Andrew came along, and visited here in North Carolina about eight years ago to check things out, make sure everything was legit and good. And, it's been a wonderful, eight years, together. Paul's role at TFTC. Andrew Mitchem And, Paul, your role in the coaching business and helping people. Paul Tillman Sure. So I'm the Director of Coaching here. I help out with, one on one coaching sessions as well as, the webinars. We do a US webinar. Our forum site, our chat room area, daily trade suggestions. Just general coaching help. Trading help. Yes, sort to do a little bit of everything. Andrew Mitchem Nice. And one of the things with the 16 years that we've been running is that we offer consistency not into only what we do as well, but also the strategy. I think that so. The TFTC strategy has never changed. Paul Tillman That's right. Yes. So ever since I came one and sort of history that the strategy hasn't changed. We've added things like a U.S webinar, we added our forum site and chat room area, that real community of traders. But nothing's ever changed. It's not the next shiny object. Or we do something for six months and then we change it. Paul Tillman None of that. It's the same strategy since the very beginning, and that helps with consistency. And you're doing the same thing every time, which look at you consistently profitable or retired. Yeah. Andrew Mitchem And the only other thing, I suppose we have added, because the nature of the market is there are more time frames available now,
How to Trade in 5 Minutes a Day While Traveling the U.S Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here To Follow my 30 Trader US Update #599: How to Trade in 5 Minutes a Day While Traveling the U.S In this video: 00:23 – Trading while on holiday travelling the US. 00:59 – Results from the first 2 weeks. 01:41 – Trading and travelling in Europe too. 02:59 – 30 minutes of trading in the week. 03:10 – Follow long here https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel/ 03:42 – Catching up with Paul Tillman next week. What's it like to trade and travel the U.S. at the same time? I'm in Nashville. I'm going to update you with some great results that we've had in the last two weeks since we've been here. Let's get into that a more right now. Trading while on holiday travelling the US. Hey traders! Andrew Mitchem here at The Forex Trading Coach video in podcast number 599. I hope you can hear me. All right. With the background noise here. I'm just off Broadway in Nashville in the U.S. we've been over here for almost two weeks, and I've been documenting my trades that I've been taking just once a day for literally five minutes. And the market's been fairly quiet both week so far since I've been here on Monday, Tuesday, Wednesday. But, sort of Wednesday and Thursday and Friday especially, it's just really taking off and we've had some excellent trades. Results from the first 2 weeks. So if you did nothing else and just followed the trades that I took last week, and you had a risk of just half of 1% for trade, you'd have made a 4.4% account gain. This week so far, and I'm recording this on Wednesday evening here in the U.S. and of course, we've still got probably the best trading, conditions to come for the week so far. We're up 2.5% so far, and that's just trading daily charts. I've taken a two hour trade and, an eight hour trade and a 12 hour trade this week, and that's it. So very little action happening on the charts. But when we've had the trades setting up that we've taken off been incredibly good. Trading and travelling in Europe too. And so if you've been following me for some time, you didn't know that a number of years ago. I did exactly the same as this on a trip around the UK, in Europe with my family. This time we're here in the US, for my wife's 50th birthday. Just the two of us having an awesome time. I've done over 2000 miles so far in two weeks, so it's a lot of driving as well. You kind of forget how big this place is, but my point being is that it doesn't matter whether you're traveling around the US or around Europe or traveling anywhere, it doesn't really matter. You could just say, well, I'm going to be at home doing normal things. I could be, you know, doing normal work or family riding things. Whatever it is, it doesn't matter. The point being is that you can trade and do incredibly well with very low risk per trade, low drawdowns on either your own account or if you prop firms is your thing, whatever it whatever works for you, your normal life can carry on and you can just trade once a day. Follow what we do. Get to learn how to do that for yourself, and whether you want to do cool things like this, you know whether the place is buzzing. You know it's early hours of the evening. It's only 7:00 here local time. 30 minutes of trading in the week It's fantastic to be able to travel around the world, literally spend 30 minutes in a week, tops. Follow long here https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel/ Absolutely tops. And have results like that 4.4% last week, 2.5% so far. This week on close trades. But you know, who knows what this end, week might end up with. But what I'm going to do is keep documenting those trades,
Forex Tips for Passive Investors by Andrew Mitchem, Patrick Grimes & Steven Primo Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here to Watch Prop Firm Masterclass #598: Forex Tips for Passive Investors by Andrew Mitchem, Patrick Grimes & Steven Primo In this video: 00:25 – Top trading strategies for passive investors. 05:50 – Why I choose to trade the FX market. 11:47 – The ability to Buy and Sell. 15:03 – How much time do you need to trade daily? 25:00 – Why so many retail traders lose money. 41:40 – Do you want to invest in your trading education? Patrick Grimes: Right. This is Patrick Grimes and I’m really excited to be here today with some awesome people to talk about a completely new alternative investing strategy we have not dug into to this level before. Top trading strategies for passive investors. Two heavy hitters to talk about it. And that is top currency trading strategies for passive investors, also known as Forex. What is that? How does it work? What are the risks? We’re going to dig into all that today. How to be successful at it. Is it passive, is it not? These are all really cool things, and I’m excited to learn about it along with you. I haven’t done this, and this is one of the passion projects. This is my passion project here. This is our Alternative Investing Mastery series and put on by Passive Investing Mastery and myself. And why are we doing this? We’re doing this because we want to educate investors to achieve mastery in the art of passive alternative investing strategies. So you keep your life back. You can be passive, but you get into alternatives. You’re just all about the stock market, this is not the right event for you or the right series for you because we’re about non-correlated investments outside of the stock market. Ones that don’t rise and fall together. Now, we educate here. It’s important for us. I’m on over a hundred podcasts and books. I’ve written articles and forums and others. It’s all on my website. I actually give away a couple of bestselling books for free on our website, if you’re interested. I actually sign them and send them out, help inspire people along their journey. And we have this bi-weekly webinar series, which seems to have turned into a weekly webinar series, always featuring a Blue Ocean approach of different alternative strategies. Now, we’re doing this because we believe financial security happens through a lot of different allocations into different markets, which can only be achieved into these very unique kind of novel alt strategies. And we want you to get to that point where you have true, not just independence, but security, and the abundance, the financial abundance you need for the causes you care about most. That’s our mission here. We do that through education and through sponsoring best-in-class alternative investments, which you can check it on our website. The next event, before we go any further, make sure you jump in there, one week from today, Venture Capital for Passive Investors: Syndication Strategies That Works. I don’t do a lot of venture capital. It’s not really my bag, but a lot of people do. And a couple friends of mine that I’m in large, very large real estate deals with that have invested huge and were some partners in some of these deals. Isaac Bennett works for a venture capital firm. I’m in some Masterminds with him. And he is doing real estate and venture capital. Trey Taylor is a family office. He manages his own and all of his relatives, his extended family’s funds, and he also does angel and venture. So we’re going to talk about it. He’s going to be there as well. It’s going to be a fascinating conversation. Known both these guys for some time. And what are the different funding options and venture capital risk rewards?
Trading on Vacation: How to Do It Right Podcast: Sign Up to Watch My Trading Videos While Traveling in the US 30 Minute Forex Trader Updates (UK Travel) Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #597: Trading on Vacation: How to Do It Right In this video: 00:24 – Trading and travelling. 01:06 – Follow me on my 4 weeks road trip around the US. 02:14 – Where you live is irrelevant. 02:46 – Sign up to be notified when I make a new trading video https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel/ 03:26 – My Europe trip from 2019, see here https://theforextradingcoach.com/the-30-minute-forex-trader-updates/ 04:20 – Blueberry Markets as a Forex Broker. 04:39 – Watch my Masterclass. 04:50 - Have a chat with us. In today's video, I'm going to talk about how you can trade and travel at the same time and enjoy both. So let's get into that and more right now. Hi there. Traders! It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 597. Trading and travelling. Today I want to talk all about trading and traveling. I'm here in New Zealand still. Although it's the middle of winter it's a stunning day. But by the time you get to watch this video, I'm going to be in Texas and we are in the States for several weeks for my wife's 50th birthday, and we're doing a tour of the US. And while I'm in the US, I'm going to be trading and traveling and I'm going to be documenting that process so you can see how easy it is with my strategy to be able to trade while you are traveling, while you're enjoying a holiday or vacation, or whether it's just normal life with, you know, everything that happens with work and jobs and kids, hobbies, etc. Follow me on my 4 weeks road trip around the US. What I want to show you is whether it is traveling or not, whatever it might be that you want to do, you can trade at the same time and you're not getting in the way of you're traveling and you're trading doesn't take all day. So that's what I want to show you. But by the time you get to watch this video, all being well, I will be in Texas. And because today when you see this video will be a Monday, we would have looked through the weekly charts and the daily charts, and it would have taken us 20 minutes that say tops and place the trades, and that's it for the day. And then during the week, each day I'll be looking at the, daily charts again, just at exactly the same as normal. Apart from it's just a different local start time because I'll be in the US. It will be in the evening or afternoon time. 5 p.m. New York time is when the daily charts change over. So for me, normally that's, the morning of the next day here in New Zealand, but because I'll be on that time zone or close to that time zone, it'll be in the afternoon when I'm seeing those trades and placing those trades. Where you live is irrelevant. Now, it doesn't matter where you live in the world, because the way that we trade using my strategy is that we use limit orders. So you don't have to be there at 5 p.m. New York time. And again, I'm going to show you that because there will be some days over the next few weeks while I'm in the US, that there'll be other things happening. I'll be doing something, I'll be traveling, whatever it might be, that I cannot be at my computer at 5 p.m.. And it doesn't matter, because later on that afternoon or evening I can still go and place the trades. And that's the beauty of the way that we trade using my strategy. So I want to document that. Sign up to be notified when I make a new trading video https://theforextradingcoach.com/the-30-minute-forex-trader-us-travel/ If you'd like to follow along and be notified of when I'm releasing videos and some will be live,
How to Pass Prop Firm Challenges with Andrew Mitchem & Etienne Crete Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #596: How to Pass Prop Firm Challenges with Andrew Mitchem & Etienne Crete In this video: 00:05 – Passing a prop firm challenge. 00:19 – Talking prop firm challenges with Etienne Crete. 00:45 – Horror stories from traders starting a prop firm too early. 02:08 – How to start trading on a prop firm account. 03:13 – How to pick a prop firm. 06:10 – How much should you risk per trade. 08:10 – Treat a demo, a live and a prop firm account the same. 10:25 – Have a proven strategy first before getting on a prop firm account. 15:28 – Does the prop firm have the markets you trade available? 17:15 – How to find us and how to join us at The Forex Trading Coach Passing a prop firm challenge. Andrew Mitchem If you're on a $10,000 prop firm, you know, you you're risking quite tiny amounts, but that's fine, you know? But just go very, very small because just don't get stopped out and you'll eventually, you know, if you're trading good enough, you'll eventually get to that profit target. Talking prop firm challenges with Etienne Crete. Etienne Crete Sitting down today with Andrew Mitchem. we want to do an episode specifically about prop firms and what it takes to become a funded trader, but also kind of scale things up. And you get to the next level of performance to scale it up to, we can make more money trading with more capital. So Andrew welcome back on the podcast. Continue here. Etienne Crete Let's start with this. I actually get people who reach out to you and kind of ask you about prop firms and how they should go about it. What's your first train of thought into what is the right time to go for prop firm? Horror stories from traders starting a prop firm too early. Andrew Mitchem Okay, I find that so many people tell me stories. In that kind of horror stories, they jump in too quick. And I think people aren't doing it realistically. They jump in because they see it as maybe I don't have enough money myself. And it's a it's a good way of potentially earning funds and, and commissions, etc., but they don't have any, background into trading properly themselves. Andrew Mitchem You know, they don't have a strategy, the confident in them. And they have proven themselves first. And I think that's the pitfall that too many people jump into. Etienne Crete Definitely like trying to get capital before you are profitable trader. Andrew Mitchem Yeah. I mean, I just tell people maybe you look at it and, you know, 6 to 12 months time, be real about this. Yes, look prop firm can be absolutely fantastic once you know what you're doing. But spend some time upfront to learn the process of trading. Forget how much money you make. Don't even look at money. Andrew Mitchem Just understand the process of trading. You know, low risk, etc., low drawdowns, because ultimately that's the thing. It's going to get you through a pot firm. And if you don't understand that hitting that drawdown criteria is what's going to make you lose your money. Etienne Crete How do you someone interested in the process? Because a lot of people are going to, of course, focus on the outcome, trying to get the result, how do you get them to, first of all, follow the process? But they kind of have to be interested in then involved in it too. Andrew Mitchem How to start trading on a prop firm account. Andrew Mitchem Yeah, it's a tricky one because everybody wants the results and everybody wants the money. I suppose all I can do is probably a little bit like is keep going on and on and on with the same story, because ultimately that's the best way you're going to get a result. You know,
Join Me as I Trade in 30 Minutes a Day While Exploring the US Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass Click Here to Access the 30 Minute Trader Page #595: Join Me as I Trade in 30 Minutes a Day While Exploring the US In this video: 00:30 – I’m heading to the US 00:59 – Trading and travelling – Join me. 02:05 – Catching up with Paul Tillman. 02:20 – 20-30 minutes chart time each day. 03:05 – Trading and enjoying life. 03:23 – Get onto my 17 minutes masterclass. 03:37 – Have a chat with us. 03:45 – Blueberry Markets as a Forex Broker. Would you like to be able to travel and trade at the same time, and make money while you're on holiday? If that's something you'd be interested in, listen up. I've got a great podcast and video for you. Let's get into it right now. Hey there, Traders! It's Andrew Mitchem here at the Forex Trading Coach video on podcast number 595. I’m heading to the US Just a few months ago, my wife celebrated her 50th birthday. And so, to celebrate that we are off in a short time to the US and we're going to be traveling around the US looking to have a great time. Lots of experiences. Meet some great people. While we're there though, I'm going to be trading while some traveling while some on holiday. I'm going to be trading exactly the same as I do at home here in my home office in New Zealand. Trading and travelling – Join me. And during that time I'm going to be taking some videos, maybe doing some live feeds and showing you the trades that we're taking and the results of those trades. So if you'd like to follow along while I'm doing that, then I'd love to share that journey and experience with you. We're flying in and out of Houston, and so being in Texas, I have to go and experience, some Texan barbecue. I've been there before, but this time it's with my wife. It's going to be, just the two of us traveling around having a great time. So I'm big into my barbecue. Want to see how they do it correctly and the right way of doing it in Texas. And as you may know, I'm now heavily into my music with, guitar playing and that starting to sing. So Memphis and Nashville, we've got to go there and experience what those, two great places have to offer. After all, we're going there for my wife's birthday, and she's into horses. So we're going up to Kentucky to, have a look around a few horse studs, and she farms up that way. Catching up with Paul Tillman. And then we're back to North Carolina to catch up with Paul, who works with me and his family. And, we're going to do some traveling with him, and then we'll make our way back down via New Orleans and back to Houston. So that's going to be our trip. 20-30 minutes chart time each day. And as mentioned, I'm going to be trading exactly the same. You'll be taking trades exactly the same. And probably 20-30 minutes max chart time of day. Enjoy the rest of the day. Trade travel. Make money whilst on holiday. And so the beauty of that is with the laptop of course. Take my phone for a hotspot. That's all I need. So I've done it before. And you may have in the past seen when I've done similar things. Traveling around Europe and the UK and India and America in the past. And so we've done this many times and it just shows how you can quite easily trade and travel well. If you're not traveling. That doesn't matter. Trading and enjoying life. It shows how you can trade and carry on with normal things in life, whether it be work or family or hobbies, whatever it is, and just fitting around your trading around what you do. So follow along. That journey was over there in the US enjoying some, Northern hemisphere sunshine. And if you'd like to find out how we trade right. Get onto my 17 minutes masterclass.
Andrew Mitchem and Marc Walton: Top 5 Forex Mistakes & How to Avoid Them Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #594: Andrew Mitchem and Marc Walton: Top 5 Forex Mistakes & How to Avoid Them In this video: 00:12 – Andrew and Marc discuss their backgrounds and how they started trading. 08:18 – Become a better trader and have a check list. 15:00 – Trading Gold and Silver. 20:53 – Trading Bots and brokers widening spreads. 29:30 – Riding a bike is like learning to trade. 34:00 – Marc’s average day and setting up the new trading week. 39:15 – Trading keeps you mentally active. 44:50 – How can you monetise your knowledge. 50:33 – Trading and living where we want to. Andrew Mitchem: Alrighty! Hi, everybody! Andrew Mitchem here at The Forex Trading Coach. I'm really excited today to be joined by Marc Walton from Forex Mentor Pro. Good day, Marc! Nice to see you. Marc Walton: Good day. How are you. Andrew and Marc discuss their backgrounds and how they started trading. Andrew Mitchem: Very very well thank you. I thought Marc, we'd just, spend half an hour. So I just have a bit of a chat two people been trading. Sounds like similar amount of time, some backgrounds. And, just give people a bit of a insight of what we've done over the years and, and, the pros and cons of what we've done and how we're trading today and the changes we've seen. Marc Walton: Yeah. I was just saying just saying your path is very similar to mine. We neither of us came from finance. I actually failed math. So level three times. Andrew Mitchem: Right? Marc Walton: It's ironic. I also have something called dyspraxia, which I never realized until, like, one of my kids had it. But the only way really affects me is I'm not very. I'm kind of number blind, which is bizarre considering what we do for a living. Yeah, yeah. But yeah. But then again, it's to me it's all about pattern recognition. Marc Walton: And so I think the main thing is for folks not to get too stressed with, the math side of things, as long as you can control the risk and, and work a simple calculator for it to get the risk right, then maths is not important. I was saying to you earlier, I left the UK. When I left the UK early 2000. Marc Walton: Went to live on a little island off the coast of Africa, the Lanzarote in the Canary Islands, which was which is a beautiful place to live. And, I went to sing and play guitar in a band for five years and, thought I'd semi-retired at 40. And then you realize when you retire, you spend more money than you ever did, because. Marc Walton: Right. Well, kids in school did now and then, you've got so much free time. So I started looking at trying to make money online. Stumbled on forex, which 20 years ago there was hardly any of it. We we have the other extreme nowadays, as we know with, with YouTube, where there's millions of people stood next to their mates, Ferrari or whatever in Dubai and, and pitching this and the other and they said that, I mean, I paid $4,000, I think, for a course, 20 years ago and, struggled like everybody else. Marc Walton: And, and I did a webinar with the other day with my mentor, Rich, who's a psychologist, and I have the list here of things that went wrong in my trading. And when he put this slide up for the benefit of people in the webinar, it was like, oh crikey, it's me again. So I'll just read a few. Marc Walton: It's yeah, I see this. They repeat the same errors over and over again over trading. I've tried to pull the trigger over a leveraging retrench, revenge trading, afraid to lose money. Room by emotions, cook win is short. Let loose his run not disciplined. Jump from system to system. And there's many more. And, I did all of them and, I,
Why I Trade Coffee, Cocoa, and Crypto Too Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #593: Why I Trade Coffee, Cocoa, and Crypto Too In this video: 00:27 – We don’t only trade the Forex market. 01:06 – More metals now available. 01:25 – We trade Indices, Commodities and Cryptos. 01:56 – More trading opportunities for high quality patterns. 03:14 – Trades I have open right now on non-FX markets. 03:50 – All trades have equal and low risk. 05:23 – Get onto my 17 minutes masterclass. 05:44 – Have a chat with us. 06:15 – Blueberry Markets as a Forex Broker. Today, I want to explain to you why we don't only trade the forex market. We look at other markets as well. So let's talk about that more right now. Hey there, Forex Traders! It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 593. We don’t only trade the Forex market. Now being called The Forex Trading Coach you would assume that we trade only the forex market. Well we used to. And that's because years ago all that was available to us were forex pairs. And like the GBP/USD and USD/JPY, USD/CHF, etc. the main pairs. And then over time more and more pairs. What were called exotics or minor pairs got added. Things like NZD/CAD and then other pairs got added as times gone on, like ZAR/JPY, things like that, some more and more have been added. And then years ago they introduced a couple of metals and we could trade gold and silver against the US. More metals now available. And then more recently we've got access to more metal markets. So example Gold and Silver against the Pound and against the Uen and against the Chinese Yuan and different crosses like that, but also more metals such as, Palladium and Platinum and Copper. We trade Indices, Commodities and Cryptos. We can trade indices like the Nasdaq and different American markets and different Canadian and Swiss franc markets, Yen markets. We can trade, things like commodities. We can trade coffees and Cocoas. We can trade cryptos, Bitcoins and Ethereums, etc.. So the beauty of trading today on a platform such as MetaTrader 5 is that you have access to so many more markets. More trading opportunities for high quality patterns. And you could think of that and go, well that's just going to create more work. Andrew. No, not at all. What it does is it gives you the opportunity once you know what you're looking for, and once you have a strategy that you can scan through the markets really quick, it's giving you more and more opportunity to look for the pattern on a higher quality chart. So for example, years ago you might have said, well, this trade on the GBP/USD, it's okay. It doesn't quite fit my criteria but it's okay. And you might have taken that trade. Rightly or wrongly. Whereas now you've got the opportunity to scan through more and more markets. And so the way that we trade I don't particularly care what I trade. It's the pattern that I'm looking for. It's where has that candle formation appeared within the chart. Has it got room to move to? The profit target has the stop loss got protection? All these type of things that we look for. And so if I'm trading the pattern, I'm giving myself a very high probability chance of success, because I'm looking for only the highest quality patterns, regardless of the market or direction. So simply because I live in New Zealand, it doesn't mean I have to trade New Zealand dollar pairs more, or I have to trade the EUR/USD because it's the biggest traded forex pair. Not at all. Trades I have open right now on non-FX markets. As an example, I've got a a monthly chart trade on Cafaro, which is one of the coffee markets on the commodities. I've got two weekly chart trades open right now on Doge...
Two Traders Talk Prop Firm Trading, Mindset and Lifestyle Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #592: Two Traders Talk Prop Firm Trading, Mindset and Lifestyle In this video: 00:25 – Andrew Mitchem and Rimantas Petrauskas talk trading. 01:05 – Rimantas’s background and how he got into trading and coding. 05:12 – Andrew’s background and how he started trading. 06:50 – How Rimantas discovered trading. 14:15 – Andrew’s style of trading. 20:40 – Breakthroughs for Rimantas. 29:39 – The dangers of algorithm trading. 36:12 – Controlling your emotions. 43:45 – Prop firm trading. 51:49 – How much do you really want to be a good trader? 58:39 – Andrew’s and Rimantas lifestyle outside of trading. 01:05:20 – Controlling your risk as a trader. 01:10:05 – Summary and contacting Rimantas https://www.mt4copier.com/ Hi everybody. It's Andrew Mitchem here at the Forex Trading Coach. I'm, really pleased to be joined today by Rimantas Petrauskas, who's over in Lithuania. Rimantas lovely to see you. Nice. Nice to be there. Thanks Andrew for having me here. Awesome! Look, I think we'll be really cool if we can give everybody the next half an hour or so, depending on how long we spend. Andrew Mitchem and Rimantas Petrauskas talk trading Just talking a little bit about us, how we got into trading difficulties are trading, breakthrough secrets. That we found, you know, things that we're looking at doing into the future. Some pitfalls that people may have, you know, the common issues that people fall into. And then to show everybody a little bit about us as people and what we do with, you know, friends, family, hobbies, etc. would be really cool. If we can do that because, I think we've both got a very similar kind of story, different different topics and different hobbies, but kind of similar in a way on different sides of the planet. Rimantas’s background and how he got into trading and coding. So, yeah. Tell us about yourself. Where are you based? And, and you know, family background, etc.. Yeah. So I just mute the phone. It's just buzzing there. So I am from Lithuania. Yes. A small country in Europe. A lot of people don't even heard about it. Like when I travel to US or somewhere, somewhere further from from Europe. A lot of people though, you know, like, where is it? You know, and I'm like, oh, it's next to Poland, this small country, you know. So we have to do some background story about Lithuania. So yeah, I'm born and raised here all my life. I love living there. Lifestyle, taxes low, you know, all that stuff. And you can pretty much travel anywhere you want, especially with the freedom that you are on business. And, and trading can give you. Yeah. So that's what I love about it. And, yeah, my story began, I would always say 15, 16 years ago, you know, you know the saying, well, there's this, famous saying, they say, you get you get you get two lives, like the first one when you're born and the second one when you realize that there is not, you know, the time is not unlimited. Yeah. So that's when you start living. So I remember in like 2009, I went through a lot of transformations. I lost 30kg. I started exercising and started eating healthy. Started learning, you know, developing myself basically got into self-development, reading a lot of books, courses, starting flying to seminars, all that stuff, basically. So there's been going on ever since, you know. So I always improve myself year after year after year. So I created my own business, got into trading, and it just never stops, you know, and I believe that it's one of the most important things for everybody. It's like, especially those who who feel stuck, you know, those people who feel stuck.
Why Smart Traders Let the Market Come to Them Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #591: Why Smart Traders Let the Market Come to Them In this video: 00:32 – Why does the trade always go against you? 01:22 – Why do you enter the trade where you do? 02:32 – I use limit orders to enter a trade. 04:22 – Entering the market for a reason. 04:50 – Get onto my 17 minute masterclass. 05:18 – Blueberry Markets as a Forex Broker. Do you feel that as soon as you enter a trade, the market goes completely against you? You've entered a buy trade. What happens? The market drops. Well, if you do. I've got a great solution for you to help you with that problem. So let's find out about that a more right now. Hey there, Traders. It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 591. Why does the trade always go against you? An issue that I find so many people feel that they have is they see a trade. They place a trade. Let's say they place a buy trade on the EUR/USD and they're expecting the market obviously to move up. Well, what happens when market moves down. And they feel that as soon as they get into that buy trade the market's changed direction. It falls against them. And they take a loss on the trade. And they feel frustration because it's almost like the market knew I was ready to place a buy trade. And it waited for me to place that buy trade. And then it fell. Why does that happen? Complete and utter frustration. And people feel it all the time. And they have done for years and years. And I know when I started trading, I used to feel exactly the same. So there's a few things here to help you with. Why do you enter the trade where you do? When you place that buy trade, for example, why do you place that buy trade at the time you do? Do you place that buy trade? For a technical reason, let's say if you're a technical trader, do you place it at a just above a round number or just above a previous support level or a resistance level from a while ago now becomes a new support level, a swing low that may have been at that level already, or it's the daily pivot point. Or why do you place that trade? Do you have anything else to back the reason for entering that trade right now, other than “I'm ready, I've seen a set up, I'm placing buy”. Because if all you're doing is placing by for some random reason, then why would the market suddenly go in your direction? Because quite often you might be finding that the market will keep falling back to that support level or something which is below your entry price. Don't forget that most people place a trade because they happen to be ready, and that's not how you should trade. I use limit orders to enter a trade. For me in most of my trading, I'm mainly use what are called limit orders. So as a buy trade, for example, I'm entering below the current price and I enter the trades for a reason at that price for a reason. So I'm not expecting just to randomly go buy sell, buy sell because I happen to be ready. What you should be doing is looking. Let's say you're talking about this same buy trade. And let's say that the market's been moving up really nicely and it pulls back rather than just buying randomly, more likely near the top of the market. Wait for it to retrace and then into your buy trade. So when you think about this logically, with a buy trade, a buy limit order, I'm buying below the current price. So naturally I'm expecting the market to move in waves up and down, which it does naturally anyway. It's just by using that buy limit order. I'm not sitting there waiting for it to keep coming back and back and back and back and back and now I'm going to press buy. I'm not doing that.
What Every Struggling Trader Needs to Hear Today Podcast: Find out How We Can Help You Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #590: What Every Struggling Trader Needs to Hear Today In this video: 00:25 – What is holding you back from being a successful trader? 00:52 – Examples of common frustrations. 01:31 – Email me andrew@theforextradingcoach.com 02:47 – We want people to be successful traders. 03:24 – Get onto my 17 minute masterclass. 03:33 – Blueberry Markets as a Forex Broker. 04:09 – Contact me https://theforextradingcoach.com/learn_to_trade_forex/ What's holding you back from being a fantastic and successful trader? Let's talk about that a more right now Hey there, Traders! It's Andrew Mitchem here, the owner of The Forex Trading Coach with video on podcast number 590. What is holding you back from being a successful trader? So I'd like to find out from you what's holding you back. The reason I wanted to do this is because I want to help you. We're already, like, into June. The year is disappearing fast. So rather than the usual videos and podcasts where I'm giving you information, I thought I'd change this around and ask you to provide me with information like what is it that is holding you back? Examples of common frustrations. It might be a number of things. It's probably not just one thing, but to give you an example. It could be that you just don't know what you're doing. You've got confusion. You've got analysis paralysis. You might not think you have enough money to start trading or enough time to start trading. Or you might think you live in the wrong part of the world. On the wrong time zone or too many kids. So you're working too many hours, or your strategy doesn't work, or you're on forums all the time trying new things and nothing seems to work, or you think it's time to start blaming the market, or your broker, or you're not sure what markets to trade. There could be a variety of things. Email me andrew@theforextradingcoach.com But what I'd love you to do in order for me to help you, I'd love you to send me. Send me an email. And my personal email address is Andrew@TheForexTradingCoach.com. I'll put a link to that somewhere on this page. If you're watching or if you're listening, you can just write that down and email me directly. But I'd love to get some feedback from you of what are the main things. As I've mentioned, it's probably not just one thing. Give me a list of reasons that's holding you back with us that you feel is holding you back from being profitable. What is it that I can provide content with to help you to become successful? Obviously you can't change the market. So if your issue is the market is not doing anything, which is probably not very true, but let's say that was your issue. I can't help you. We've had the market is, of course, but everything else or pretty much everything else. I can probably with my 20 plus years of experience and my 4000 plus people of clients who I've helped to trade. I can give you some fairly good, information back to help you the best that I can. We want people to be successful traders. And that's what I do as a coach. I want to see people being successful. That's the whole reason I do. What I do is the whole reason why there's 590 videos here. Let's try and get a community of people from right around the world of all ages and, and backgrounds and levels experience and different jobs and careers and everything else. But let's get everybody who wants to trade, who wants to put some time and effort into their trading. Let's get people successful. Because that's, after all, is why we do what we do. So send me an email, give me feedback and information, and I'd love to be able to help you that,
How Trading the Candle Close Can Improve Your Results Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #589: How Trading the Candle Close Can Improve Your Results In this video: 00:32 – When should you look at the charts? 01:05 – When we look for a new trade at The Forex Trading Coach. 02:21 – Only look for a trade at the close of a candle. 04:09 – Multiple time frame charts change over at the same time. 04:50 – Reduce the amount of chart time. 05:34 – Get onto my 17 minute masterclass or book a call with us. 05:58 – Blueberry Markets as a Forex Broker. 06:29 – Like, share and subscribe to receive notification of more trading videos. Did you know that if you only look at your charts at the close of a candle, it's going to massively improve your trading performance and also massively reduce the amount of time that you spend looking at the charts. So let's talk about that very important topic and more right now. Hey there, Traders! It's Andrew Mitchem here, the owner of The Forex Trading Coach with video on podcast number 589. When should you look at the charts? So a lot of people struggle when it comes to knowing when they should be looking at their charts and what time of day that should be, what time frame charts to look at, what pairs, what markets, etc.. Is it the European session, the London session? You know, the Asian session, the US session. What is it? And they get very, very confused with all that happening. And they really don't know when to look at charts. So as a result of that they tend to spend far too much time looking at the charts, waiting for this pip to move up and down, or that line to cross over that line or a dot to appear because it doesn't work. When we look for a new trade at The Forex Trading Coach. So what can you do to simplify things? Well, very easy really, the way that we tried here at the Forex Trading Coach and the way that I've traded now for over 20 years is I only look for a potential new trade upon the close of a candle. So, you know when the candle closes, because the market opens each new day at 5 p.m. New York time. So if you were trading, let's say, four hour charts, you know that at 5 p.m. New York time, the new day starts. So you know that four hours later from then, which will be 9 p.m. New York time, the four hour charts will change over. And therefore, you know, if you add four more hours to that becomes 1:00 Am, 5:00 Am, etc. How easy it is to know when the four hour charts change over. Now, obviously in a day this is one day the candle and you know when it changes. Obviously within the 24 hour time period there are two 12 hour charts. Guess what? There are 5 p.m. and 5 a.m. New York time. You know, there are three eight hour charts. There are four six hour charts. There are six four hour charts. Very, very easy to do this. . Only look for a trade at the close of a candle. And so if you look at the close of a candle, a number of things happen from a simplistic point of view. You know when to go and look at your charts. What does that do for you as a trader? Well, it gives you a little bit of time. You can look five minutes prior and you can scan through the charts, and you know that when they change over, if there are any suitable trade set ups, when they change over, the candle closes, nothing else moves. You can make your decision quite easily. It takes a lot of emotion out of trading because you're not. They're scared about moving, you know, missing every moving pip up and down. You're not there watching this line cross over that line. And of course they keep moving. And so when the candle closes, nothing else around it, whatever indicator you're using or horizontal level, nothing changes from that point onwards.
What You MUST Know Before Using AI in Forex Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Click Here to Attend my Free Masterclass Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #588: What You MUST Know Before Using AI in Forex In this video: 00:25 – Can you trade using only AI? 01:22 – You are brave to trust AI to trade your money. 02:02 – Are you too lazy to trade? 03:20 – The knowledge and ability to trade for yourself. 04:34 – Knowing how to trade first. 05:09 – Get onto my 17 minute masterclass. 05:28 – Blueberry Markets as a Forex Broker. 05:40 – Have a chat with us. 05:57 – Like, share and subscribe to receive notification of more trading videos. Can you trade using only AI? It's a question I've been asked this week. I want to give you my opinion on that, so let's get into that a more right now. Hey, this is Andrew Mitchem here, the owner of The Forex Trading Coach with video and podcast number 588. Can you trade using only AI? I received an email just this week from somebody saying I'd like to trade using only AI, and I'd like to pass a prop firm using AI trading system through only using AI. Can I do that? How do I do it? Well, you see, the obvious issue here is that is this person doing it because they want to save some time? Are they lazy? Do they not understand trading? Or maybe they do understand trading? You see, there's a lot of variables out there when it comes to AI because of course it's all around us and what we really like it or probably don't like it, depending on your point of view. It's here to stay. But from a trading point of view, both from a personal point of view, mentally, a trading point of view is AI all it's cracked up to be, and can you use it purely as your only way of trading? You are brave to trust AI to trade your money. Well, first of all, I would say you've got to be pretty brave if you're going to be allowing your own personal capital. Let's say, to be traded purely by AI. You've got to be quite brave. Let's say you know something about trading. Okay. So you're going to create an AI system. How did you go about it? What are the rules and the obvious upsides of expert advisors or trading bots or AI whatever you want to call it is it takes emotion out of trading. That's the obvious upside. You know, it works 24 hours a day. I get all that. You know, it's there's a lot of, obvious upsides to it. Are you too lazy to trade? But the problem is, is if you are doing it simply because you can't be bothered or you're lazy or you think you're too busy to trade, well, do you have enough knowledge about trading to know what it is that you're creating? How do you know what rules to create? How do you know when it's working or when it's not working? Sure, you can go, well, it's making me money or it's not okay, so let's say it's making you some money. What happens when it stops making you money? Is that the bot that suddenly or AI that suddenly changing? Or is that the conditions in the market? How do you know about testing this back? Testing it live for testing. If you don't put time and effort into it, you see people I believe think that AI is going to be this magic shortcut to being lazy, not putting time, effort, or knowledge into it. I can see that the upside to AI is going to work for someone who is prepared to work hard, who does understand trading, who does know what they're looking for, and it's just using it as an aid to maybe place the trades for them and manage trades for them, or they're looking for new ideas. Those type of people will probably do okay from AI. The person out there that just, thinks that can magically make them a multi-millionaire next week because they really can't be bothered to learn how to trade. I don't think you're going to do well, and I don't think it's going to end well,
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