How Live Sessions Can Transform Your Trading

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#562: How Live Sessions Can Transform Your Trading

In this video:

00:27 – You need someone to show you how to trade.

01:23 – We trade and post in real time.

01:52 – Live webinar trades make +2.1% gain.  

04:10 – This is invaluable information.

05:37 – My 17 minutes Masterclass and Book a Call.

05:56 – Blueberry Markets as a Forex Broker.

06:13 – Comments, Like & Subscribe.

I’m going to explain this week why live trading room webinars work and how they can massively help you with your trading success. So let’s talk about that a more right in that.

Hi there, Traders! Andrew Mitchem here at the Forex Trading Coach with video and podcast number 562.

You need someone to show you how to trade.

Now different ways of learning how to do anything. whether it’s trading or for me doing karate or learning to fly a helicopter or a guitar, whatever it is, you need someone to help you and to show you and to be able to refine things and trading’s exactly the same.

You see, you can go online and you can look on YouTube in different places and you can have video course just like our one, and you can go through and read things and see some videos, and that’s all well and fine. But the trouble is in trading is to make any money in trading, you have to have the ability to do this in real time.

You know, it’s all well and good looking through some books and seeing some waves and retracements. And we did this at this point and look at this massive trend and you know, and there’s so many videos and I see with millions and millions of hits on YouTube, but all they’re doing is showing you with hindsight what happened.

We trade and post in real time.

And the reason that we do so well, as do our clients, is we do everything in real time. We’re not about hindsight. We post our trades every day for people to follow in real time. We put our trades on our forum site on the shorter time frame charts in real time, and every week we hold a live two hour trading room webinar one weeks in the European session with myself. The following week is in the US session with Paul Tillman, who lives in the US.

Live webinar trades make +2.1% gain.  

And yesterday I held a live European session, webinars, a two hour session where all our clients can jump on to, they all get recorded as well.

So if you cannot attend live, you can go and watch the recording. And by the way, we have all the recordings dating back to 2010 on our website. So vast amount of very valuable information now on the webinars. The beauty of them is they are live. There’s no like cherry picking the hand, picking the best trades. you know, we’re talking about trades, we’re discussing trade set ups, etc. live in real time. And obviously no one knows the result of what we are saying, we are taking.

Now on yesterday’s session at the end of the webinar, which ended at 5 a.m. Eastern Standard Time, which is in the European session, we took some trades and I posted and took three trades in front of our clients. We had a EUR/GBP 6 hour chart trade sell. Which had a beautiful retracement and hit the profit target, both positions hitting the profit target.

We had a Netherlands 25, the index 2 hour charts trade one position got filled and it was stopped out. And we had a, two hour trade on the gold against the Australian dollar. Both positions got filled and hit their profit targets.

Now the EUR/GBP made a 2.7 to 1 reward to risk a 1.35% gain. the Netherlands 25 lost a quarter of 1% because it was stopped out and the XAU/AUD had a 2 to 1 reward to risk or 1% gain.

That gave us with only a half percent (0.5%) risk per trade total split over two positions. That gave us a net gain of 2.1% on our account. So 2.1% over three trades taken at the end of the session live in front of everybody, so all our clients could follow along and take those trades and learn from them as well.

And that’s the beauty of this. It’s about doing this in real time, where we discuss the trade setups and we take the trades, and we encourage people to talk about what it is that we’re looking at at that time to say, yes, this is a good trade on. No, this is maybe not such a good trade, of which we did have a couple of those as well that were almost, but not quite as good as we are looking for.

This is invaluable information.

And so you cannot beat that information. As someone watching and learning and participating, you’re part of the community. You’re watching a full time trader explain the system of why they’re doing what they’re doing, so you can learn in real time.

Again, I go back to my karate days. You know, I could watch videos all day long, but unless I get an instructor saying, hey, just do this, just move this way. Just rotate your arm this way, just pull your toes back when you’re doing a kick just to do these things differently in real time with a real person there, you cannot beat it. Same as the guitar. Right now I’m learning the guitar. Yes, I can do some online. exercises and learn a few different things, but if someone set, there they go.

Hey, Andrew, why don’t you just try this or move the finger this way or strum this way? Definitely. Or change you chords from here to here instead of, like, the traditional way. All these little nuances that will massively help you.

And again, trading is no different. You need someone there to hold your hand to show you this is what we’re doing. Yes, you could do this, but if you do it this way, it’s a little bit better and you can improve things in fast track things.

Now obviously with trading, you’ve got your mindset and your loss of money. If you’re not doing this well. And again, very valuable to be able to have someone there to help shortcut those things and, eliminate those errors and improve. And that’s exactly what we do.

My 17 minutes Masterclass and Book a Call.

So if you’d like to find out how we do this, I’ve got a short 17 minute on demand masterclass, which you can log in and view at any time, and I’ll put a link to that.

If you’d like to book a call to have a chat with one of us personally, for about a 30 40 minute chat, you can do that. other with myself or one of the team.

Blueberry Markets as a Forex Broker.

And if you’re out there looking for a very good broker, I took all those trades on Blueberry Markets and including the, the XAU/AUD, which some brokers won’t have, including the Netherlands 25. Again, which some brokers won’t h