Stop Losing — Learn Forex the Right Way

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#610: Stop Losing — Learn Forex the Right Way
In this video:
00:33 – “Ask me anything” trading Q&A webinar.
01:19 – Trades were shared, live and closed trades.
01:50 – A lack of trading knowledge.
02:50 – Most people lack a trading plan and strategy.
04:09 – A lack of money management.
05:20 – Invest in your trading education first.
05:49 – Masterclass webinar.
05:54 – Book a call with us.
06:29 – Blueberry Markets as a Forex Broker.
07:00 – Like, Share and Subscribe

If you want to be a successful trader, one of the really important things that you must do is take your time to learn the craft properly. If you do that, the rewards will be huge. So let's talk about that important topic and more right now.

Hey there Traders! It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 610.

“Ask me anything” trading Q&A webinar.

Really important lesson today, and it all comes from a free-to-the-public live one-hour webinar that I held earlier this week. I called it “Ask Me Anything,” and people could come onto that webinar live, in real time, and ask me any trading question at all.

And of course, I had some emailed to me from people that couldn't attend live. It was a great session — lots and lots of valuable information — and I'm going to put a link to that webinar here on this page somewhere. I really encourage you, if you were not on the session live or if you've not yet seen the recording, to go and watch that session, because I help people with all the questions that they have. And with my 20 plus years of knowledge as a full-time forex trader, there's a lot of valuable content there.

Trades were shared, live and closed trades.

I shared all my open trades live at the time of the webinar, and I explained why I had those trades open and which trades I had. From last week I shared all my trades — positive and negative trades.

You could see that I had a 6.5% gain last week with very low risk per trade and high reward-to-risk — everything that I talk about. You can see that from the previous trades and you can see that on the live open trade. So there’s nothing hidden; everything there for people to see.

A lack of trading knowledge.

Now, one of the parts that I got from the session was I realized that there are so many people out there who all want to be traders, which is fantastic. But the trouble is, I got the impression from a lot of people that there's a lack of general trading knowledge out there. Maybe that comes about from people hearing about trading and wanting to get into it but not really spending that time upfront to get that real knowledge.