Start Profiting with Andrew’s Trading Channel

Start Profiting with Andrew’s Trading Channel

If you want to become a profitable trader, and you want to learn from the best, Andrew’s Trading Channel is something you need to check out. Today, we are going to take a closer look at Andrew and his channel to see how it can help you make money.

What is Andrew’s Trading Channel?

Just to be clear, Andrew’s Trading Channel is a YouTube channel that is dedicated to helping aspiring traders make money. It’s about teaching newbies the best tips, tricks, and trading strategies that put money into pockets.

Andrew’s Trading Channel.

 

Who is Andrew?

If you aren’t familiar with Andrew, if you want to be a good trader, and you want a good teacher, then you better get to know him fast. He has been a hugely successful trader of crypto, Forex, and stocks for well over a decade. Not only does he know what he is doing, but he also makes for a fantastic teacher.

He knows how to explain things in ways that make it easy for newbies to understand, and he does everything live on video too. Andrew has lead many successful trading-related ventures over the years, and we do think that Andrew’s Trading Channel is one of the best, particularly if you are looking to learn trading without spending any money.

Andrew’s Trading Channel.

 

Andrew’s Trading Channel Latest Guides

What we really want to focus on right now are some of the best and latest trading guides and tutorials that have been uploaded to Andrew’s Trading Channel. As you are about to see, this channel can help you trade stocks, Forex, cryptocurrencies and more.

Let’s take a look at some of the latest videos for some examples of what Andrew can teach you. Remember, there are literally thousands of guides and tutorials on this channel, so there is plenty for you to learn, and all for no cost to you.

The Best One Minute Gold Scalping Strategy

One of our favorite video guides on Andrew’s Trading Channel is this one that focuses on trading gold and the United States Dollar. Here, Andrew performed a live trading session in realtime, so you can follow along.

This particular strategy is all about maximizing profits while minimizing time spent trading. As you can see from the video, Andrew made well over 400 Euros in profits in a single minute, yes, just one minute. This is of course super impressive, and if you pay attention to how Andy does this, you can recreate these results for yourself.

1 Minute Gold Scalping Strategy +€447 Profits | SUPER EASY – SUPER POWERFUL!!! – YouTube

The 20 Minute Gold Scalping Strategy

Now, this particular strategy guide on Andrew’s Trading Channel also focusing on trading gold against the United States Dollar, and yes, this is also a scalping strategy. This means that it is all about very short-term trades that produce profits.

The difference between this strategy and the one above is 19 minutes. With this strategy, Andrew managed to generate over 1,600 Euros in profits in just 20 minutes. Folks, that’s more money than most people make in a week of full-time work. This strategy is not the easiest to master, but it definitely gets the job done.

Gold Scalping Newbies Strategy | XAU/USD Easy €1,621 Trade – YouTube

The Three Best Stocks to Buy Now

Of course, if you like making money, then the stock market is always something to consider investing and trading in. That said, finding the right stocks to invest in at any given time is not easy, and choosing the wrong ones can lead to disastrous losses.

This particular video guide on Andrew’s Trading Channel talks about the three best stocks to invest in right now. Do keep in mind that this video is time sensitive, as the best stocks to buy today might not be the same as the best ones to buy in a month from now. Therefore, if you plan on acting on the advice provided here, you do need to do so relatively soon.

USD/JPY Breaking out NOW!!! 3 BEST Stocks to buy TODAY!!! – YouTube

The Story of Bitcoin

If you have been paying attention to the market, something you probably know is that Bitcoin has experienced a massive surge in value over the past year, especially in the last few months. There is a lot of volatility present in the current cryptocurrency market, which is why it is a great time to trade Bitcoin and altcoins. In this video, Andrew discusses what the current Bitcoin run means, what future possibilities are, and how you can take advantage of it to make profits.

FINALLY BACK!!!! BTC DANGER & Stock Market Crash STARTING??? – YouTube

1000% Profits in February

Although this is not really a trading guide, we do want to include this video in today’s review as a testament to how good of a trader Andrew is. Folks, in February alone, Andrew managed to make 1,000% in profits. It really does not get much better than that.

MUST WATCH: 1000% Profit Gains in FEBRUARY 2021 and Beyond (THIS IS ONLY STARTING!!!!!!) – YouTube

 

Andrew & The Income Mentor Box Day Trading Academy

Something else that we do want to touch on here is that the same Andrew from Andrew’s Trading Channel is also the mentor behind the Income Mentor Box Day Trading Academy.

For those of you who don’t know, this is one of the most popular, trusted, comprehensive, user-friendly, and cost-effective trading schools out there. Yes, it focuses on day trading Forex, but it also helps people get better at stock and crypto trading.

While Andrew’s Trading Channel is a great resource for beginners, a cost-free resource to learn different trading tips, rules, secrets, and strategies, it does not qualify as a full-scale education.

If you want to start with the basic terms, rules, and market aspects, and you want to learn how to do everything that is required to be profitable, then you do want to check out the Income Mentor Box Day Trading Academy.

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Andrew’s Trading Channel – Conclusion

The bottom line is that if you need a free way to learn the best trading tips, secrets, and strategies around, then Andrew’s Trading Channel is one of your best bets. Andrew knows what he is doing, and even better, he is a fantastic teacher. That said, if you want to be a self-reliant and profitable trader who has a great base of knowledge, then the Income Mentor Box Day Trading Academy is what we recommend.

Forex Trading Tips & Strategies for 2021

Forex Trading Tips & Strategies for 2021

Are you a newbie to the world of currency trading? If so, you are in the right place. Let’s get to it and discuss some of the best Forex trading tips and strategies for 2021, so you can get to making some real profits.

Forex Trading Tips

Forex Tips for Newbies

The first thing that we want to cover today are some of the most important Forex trading tips that newbies need to adhere to. If you follow the simple tips and rules as outlined below, your chances of success will increase drastically.

Start Small

First off, when you are just starting out with FX trading, it’s important that you start small. By this, we mean that you shouldn’t have many trades open at the same time, no more than two or three, or else they become hard to keep track of. Moreover, don’t invest much money into single trades. If you are a beginner, chances are you will make mistakes. If you are going to lose trades, they best be small ones.

Manage Risk

Something else to adhere to when it comes to Forex trading for beginners is the 1% rule and the 3% rule. Now, it depends on who you ask, but the bottom line is that each trade you place, the money invested in it, should not total more than 3% of your total trading capital at your disposal. You don’t want to invest half of your money in a single trade, because a couple of losses will wipe you out.

Money Management

Just remember to manage your money properly. The rule of thumb in FX trading is that you should never trade with money that you cannot afford to lose. Don’t gamble your rent or mortgage payments on the chance that you could strike it big.

Pick a Good Strategy

FX trading is not the kind of thing that you can just do on a whim. It’s not something emotional and it’s not something that you can wing. FX trading needs to be well thought out, planned, and methodical. This means finding some solid trading strategies that are easy to master and proven to work.

Remain Consistent

In terms of Forex trading tips for newbies, one the best ones we can give you is to try and be as consistent as possible. If you lose a trade, don’t throw your game plan in the trash and start over. If you know that your strategy is good, weather a few losses and keep on trucking. Consistency is key in FX trading.

Get a Trading Education

One of the best things that you can do before you even start here is to get yourself a decent education. The fact of the matter is that without at least a basic understanding of the market and FX trading concepts, you won’t get very far. You wouldn’t run into a burning building without first learning how to be a firefighter.

Finding the Right Broker

Finding the right broker for trading is a pretty big deal too. Some are best for heavy trading while others are best for newbies. Try to find yourself a low cost and beginner friendly broker.

Set Realistic Goals

One of the biggest mistakes that newbie traders make is to set super unrealistic goals. Folks, you won’t make thousands of dollars in your first weeks or even months of trading. There is a learning curve involved, and you need to realize that for the first while, your profits aren’t going to be anything super exciting.

Make Weekly & Monthly Plans

The other Forex trading tip you should follow is to prepare some weekly and monthly trading plans based on both technical and fundamental analysis. Don’t just start trading blindly.

 

Some Simple Forex Trading Strategies

What we want to talk about now that we have covered some of the most important Forex trading tips for newbies, are some of the best and easiest Forex trading strategies that you as a beginner can employ with relative ease.

5 Minute Gold Scalping Strategy

This particular strategy for Forex trading is a truly fantastic one, something that every newbie can learn how to do in just a couple of hours. Even better is the fact that these trades only last for a few minutes and involve small investments, thus making this strategy perfect for newbies.

VWAP Trading Strategy for Newbies

VWAP stands for volume weighted average price, and although it is quite the mouthful, it’s a fantastic trading tool to know, and as you can see from this video, it allows for some fairly straightforward strategies that any newbie can learn.

Best Fibonacci Strategy for Newbies

The Fibonacci retracement indicator is another one of these indicators that allows for easy trading for newbies. Watch the video included here to find out exactly how to use it with ease.

https://youtu.be/tMeE4AxADuI

 

Where to Learn Forex Trading in 2021

Seeing as one of the most important things you can do as a beginner Forex trader in 2021 is to get an education, it might be a good idea to know where the best place to get that education is.

Well, when it comes down to it, the best place to learn everything that there is to know about Forex trading is from the Income Mentor Box Day Trading Academy.

With a fully stocked curriculum, over 55 full length video tutorial lessons, and a fantastic mentor that makes learning fun and easy, not to mention for a very low cost, Income Mentor Box is the place for newbies to be.

Forex Trading Tips

 

Forex Trading for Newbies in 2021: Final Thoughts

The bottom line here is that as a newbie Forex Trader in 2021, you do need to be careful. There are many great Forex trading tips and rules that you need to follow, and some really easy strategies that you can learn in no time at all.

That said, we feel like the most important thing you can do for your trading game is to get an education. Making money in the world of trading is much easier when you actually know what you are doing.

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Making a Daily Forex Watchlist

Making a Daily Forex Watchlist

If you are a beginner in the world of Forex trading, you might be having a bit of trouble making money. Realistically, if you are totally new to FX trading, and you don’t have much of a knowledge base, chances are that you are actually losing money. However, even as a total newbie, something that you can do in order to increase your chances of success is to make a daily Forex watchlist.

The fact of the matter is that FX trading is not easy, not in the least. It takes the right knowledge and patience, plus the right timing is very important as well. Sure, plenty of traders, particularly the seasoned veterans, will trade without a so called daily watchlist. However, the most successful of traders do use a daily Forex watchlist.

Now, this is nothing too groundbreaking or revolutionary. Realistically, it is nothing more than a conglomerate of information, a plan of what you will trade throughout the day. People, a lot of what Forex trading is all about is planning, strategy, and analysis. If you take a few minutes in the morning to put together a daily Forex watchlist, you can then simply follow it and execute your strategy.

Today, we are here to talk about the five most important components that go into making a daily Forex watchlist. There are five main components that your watchlist needs to include. Now, these are nothing overly special on their own. However, when the five components that we are about to discuss come together, they provide you with the required foundation for a successful day of currency trading.

Analyze the Past Week & Look for Opportunities

The first thing that you should do when creating your daily Forex watchlist is to analyze price action of the past week in regard to certain currency pairs. You should take a close look at the one week timeframe to analyze what happened in the last week.

You want to look out for all of the basics like price range, price direction, trend, reversals, and all of that other fun stuff too.

Knowing what the price of a currency did in the past may reveal useful information about future movement. You may even look at a one month timeframe, although for these purposes, looking back one week should be enough. This way, you can get a good idea of what the market is doing and what specific Forex pairs that you might want to focus on.

Daily Forex Checklist

 

Pay Attention to Fundamental News for Your Daily Forex Watchlist

The second component of your daily Forex watchlist should be fundamental news. In fact, this is perhaps one of the most important components of all. The fact of the matter is that politics, economics, industry, and everything in between, it’s all related.

Therefore, you want to pay close attention to fundamental news releases. Specifically, we would recommend going to investing.com, and checking out their economic calendar. Here, you will see news releases associated with national currencies.

For instance, you might see a news release happening at 1 pm for the USD. Now, what you are really looking for here is Three Bull News, which signals a major news release that will have a big impact on the economy.

As a newbie trader, the important thing to know here is that you never want to trade during Three Bull News with the associated currency. Using our above example, this would mean that when 1 pm hits, you don’t want any open trades with the USD, and you also don’t want to open more positions with the USD until one to two hours after that news release.

Daily Forex Checklist

 

Set Up an Alert System

The third component of your daily Forex checklist should be your alert system. An alert system, such as the free ones that come with MetaTrader and Tradingview.com, will alert you of certain events. In other words, you could set an alert so that if the price of the EUR/USD hits a certain point, you get notified.

This helps make life much easier because it means not constantly having to pay attention to various Forex currency pairs. Simply set up your alerts as needed (which means that you need to know at which price you would want to trade at) and wait for the alert. Once the alert sounds, you can then place your trade.

 

Choose Your Currency Pairs for Your Daily Forex Watchlist

The next thing that you need to do is to pick the specific currency pairs that you are going to focus on. This is very important for creating a coherent daily Forex watchlist. Now, there are of course hundreds of currency pairs, but there are only seven that you as a newbie should be dealing with.

Five of the most major and safest pairs to trade with are EUR/USD, USD/CAD, USD/JPY, GBP/USD, and AUD/USD, with USD/CHF being another big one. Folks, it’s all about quality, not quantity, so focus your efforts on a few relatively safe pairs, and then go from there.

Daily Forex Checklist

 

Review the Plan & Set Realistic Goals

The final component of your daily Forex watchlist is your own plan and goals. Simply put, you need to hammer out a solid trading plan and strategy, something proven to work, something that you feel confident in. Moreover, it’s fine to set goals for yourself, but make sure that they are realistic. If this is your first day trading, don’t expect to start raking in cash immediately.

Daily Forex Checklist

Your Daily Forex Watchlist – Final Thoughts

As you can see, by themselves, the five components of a good daily Forex watchlist are not anything super cool or anything that people have not seen before. However, when these components come together, they form a solid daily Forex checklist.

In other words, this is your analysis and your trading plan for the day. It’s your game plan that you will use to place all of your trades, the rules you will follow, and so on and so forth.

All of that being said, if you don’t have any prior experience with Forex trading, we recommend seeking a decent education. It definitely helps if you have an education on the matter, so you at least understand the most basic concepts.

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Best Forex Strategies & Advice

Best Forex Strategies & Advice

The fact of the matter is that Forex trading is of course not easy. Sure, it has the potential to be hugely profitable when done right. However, it also has the potential to cause traders to lose large sums of money in very short periods of time. Yes, there are plenty of successful traders out there, and what they all have in common is that they used good Forex strategies.

Now, if you are a newbie to the world of Forex, you probably don’t know too many Forex strategies. Moreover, if you have never traded before, you could definitely do with some tips and advice, and some crucial education in general. FX trading is not the kind of thing that you can just wake up one morning and decide to be successful at by day’s end. It takes a lot of good knowledge to trade FX profitably.

This is what we are here for today, not as much to talk about specific Forex strategies and trading advice, but more to provide you with a great source for these strategies and tips. His name is Andrew. A, a long time day trader with plenty of experience under his belt. Andrew has seen great success in the world of Forex, and through his various funnels and channels, he does his absolute best to relay the best Forex strategies and advice to the people who need them the most.Forex Strategies

Who is Andrew A?

Before we get into talking about some of his best Forex strategies & tips, let’s quickly talk about Andrew. Andrew is a Forex trader with over 10 years of experience under his belt, and yes, he is very profitable. In fact, Andrew is the creator of the Income Mentor Box Day Trading Academy, various Forex & Crypto signals groups, and even some high quality automated Forex trading software too.

This man knows what he is doing, and where he is generally best known from is his YouTube Channel, Andrew’s Trading Channel. Specifically, this trading channel is what we are here to talk about today, as this is where Andrew provides his followers with some of the best Forex strategies and trading advice around.

Forex Strategies

 

Andrew’s Best Forex Strategies & Advice

Ok, so right now we want to take a look at some of Andrew’s best and most recent Forex strategies that he has covered, as well as some of his latest Forex trading tips and advice videos too. Let’s take a look.

Simple & Profitable Forex Scalping Strategy

What you need to know here is that in Forex, scalping is all about placing many small trades. Instead of placing a few large trades, which can be very risky, scalping is all about making tons of small trades on short timeframes. This can indeed be very successful when done right.

When it comes to Forex strategies, this particular one involves using the 3 EMA (exponential moving average) to create scalp trade setups. It’s definitely a video worth watching if you want to make decent profits really fast. This is one of Andrew’s most recent Forex strategies videos, and it has already become very popular among his followers.

EUR/USD Forex Scalping Strategy

Yes, here we have another video where Andrew describes one of his popular scalping Forex strategies. However, unlike the strategy video discussed above, in this one, Andrew uses the EUR/USD currency pairing as an example.

He does everything right in front of your eyes, including placing trades, so you can see exactly how he does it. If you want to trade the EUR/USD pairing, that has a huge profit potential, checking out this video on how to do it might be able to help you out.

Knowing When to Cut Trades

When it comes to Forex strategies, something that needs to be a part of every trading strategy, is knowing when to cut trades. Yes, sometimes trades go south and losses happen. This is just the way it is, and it is nothing to fret about.

That said, when trades are not going your way, you need to know when it is time to throw in the towel and just cut your losses. In this particular trading tutorial, Andrew discusses the two most important signs you need to be aware of that signify when it is time to cut a trade.

3 Ways to Find Forex Entries

Whereas the previous Forex strategies video we looked at was about knowing when to cut your trades, this one is about knowing when to open them. Of course, entering a Forex trade at the right time, and making sure that you are trading with the right currency pairs, is essential to success.

The right timing for the right trade can make a world of difference. This is why in this particular video, Andrew tells you what the 3 best ways to find Forex entries are. This is a really important tutorial video for all newbie traders, and we would definitely recommend watching it.

RSI & Fibonacci Forex Hack

In this particular Forex strategy video, Andrew discusses a somewhat complex yet useful trading strategy. As far as Forex strategies go, particularly those discussed by Andrew in recent times, in our opinion, this is by far one of the best.

Yes, it involves using two different indicators, Fibonacci and RSI in order to find the best possible trading signals and the best entry points. Yes, this particular strategy takes a bit of know-how and some time to master, but it has great profit potential and is definitely worth looking into.

 

Best Forex Strategies & Tips – Final Thoughts

As you can see, when it comes to the best Forex strategies and advice, Andrew’s Trading Channel is one of the top sources indeed. He’s got plenty of great advice that everybody and anybody can make use of. Folks, if you really want to make Forex trading as easy as possible for you, checking out the EA Pip Scalper app is a good idea, the first fully automated Forex trading system of its kind.

CLICK ON IMAGE BELOW TO CHECK OUT THE EA PIP SCALPER FOREX AUTOTRADER

EA Pip Scalper Main Page

Top 10 Forex Trading Tips

Top 10 Forex Trading Tips

When it comes to trading FX, it’s not quite as easy as some people make it out to be. As a newbie, there are quite a few things that you need to learn in order to be successful when trading currency pairs. This is not something that you can just wake up and do one day because you feel like it. It takes the right skills and knowledge to trade FX successfully. Well, today we are here to provide you with some great Forex trading tips.

Today, we are going to talk about the top 10 Forex trading tips that you as a newbie need to keep in mind if you plan on being a successful trader. Now, today we do not want to go over specific strategies or anything like that. These are more general Forex trading tips for newbies, things that you need to know right from the beginning. Let’s get right to it and help turn you into a more successful FX trading powerhouse!

Forex Trading Tips

Top Forex Trading Tips

Alright, so below we want to cover the 10 most essential Forex trading tips that you need to keep in mind at all times. Keep in mind that some of these are combination tips, so you won’t actually see tips all the way to #10, as some of these tips are a 2 in 1 kind of thing. You will see what we mean. Let’s get to it.

 

Trading without Researching

One of the biggest mistakes that many newbies make is to start trading with a random broker right away, and using real money too. Folks, the fact of the matter is that there are so many brokers out there, and not all of them are good. Don’t just choose a random broker. Do some research to find out what the best brokers are and what they have to offer you.

Moreover, don’t start trading with real money until you know what you are doing. There is no point in trading with real money if you are just going to lose it. Therefore, one of the most important Forex trading tips for newbies is to start with a demo account where you can trade with fake money, just until you get the hang of it. You want to get a good few weeks of practice in first.

 

Understanding Accounts, Spreads, & Commissions

Another one of the biggest Forex trading tips for newbies out there, and yes, this is a two part tip, is that you need to understand different account levels, and yes, this then means also understanding spreads and commissions. First off, what you need to realize is that there are different account levels for different types of traders.

Lower account levels often allow for lower lot sizes, less trading, they have bad spreads, and high commissions. The more serious you are about Forex trading, and the more experience you have, the better of an account you want to open with a broker. Of course, high commissions are bad because you end up paying a lot of money for every trade you place. Moreover, you also want to look for good spreads.

 

Having a Solid Plan

Perhaps one of the worst things that you as a new Forex trader can do is to start trading without having a plan. Yes, having a plan means that you need to be familiar with charts, terminology, spreads, indicators and more. However, the biggest Forex trading tip to gleam here is that you absolutely cannot trade blindly. This is the worst thing that you can do.

You need to know what you are going to trade, when to trade it, and how you are going to go about it, or in other words, what kind of trading strategy you will employ. Part 2 of this tip involves finding a good exit strategy. Of course, making money in Forex is all about when you exit a trade, so an exit plan is a must have.

 

Determining Your Risk Tolerance

When it comes to the best Forex trading tips around, one of the best ones out there might be this one, that you need to determine your own tolerance of risk, and you then also need to protect yourself. Simply put, you need to know how much to invest per trade, and how many trades you should place per day. This is particularly important if you have a small trading account.

If you visit the official Income Mentor Box website, you will actually get a free eBook which discusses how to determine what your risk level is. The main point here is that you need to gauge the level of risk vs the potential reward, and if you can afford to risk XX amount of money.

This is all about protecting yourself and protecting your account balance. When it comes to protecting yourself from losses and unnecessary risks, make sure to have a solid trading strategy and don’t forget to set those stop losses either.

 

Emotions & Patience

In terms of the best Forex trading tips, something else to keep in mind here is that trading is all about just that, your mind, not your heart. If you trade with your heart and you let emotions cloud your judgement, things are not going to go well for you, not at all.

Emotional traders are risky traders, and risky traders are prone to losing money. Folks, it’s all about being patient, sticking to your strategy, and executing positions when the time is right. Don’t let your anger or frustration get the better of you. Keep a level head, stick to your strategy, and wait for the opportune time to strike.

Best Forex Trading Tips – Final Thoughts

We hope that our Forex trading tips can help you improve your results. If you want to learn more about Forex trading, visit Andrew’s Trading Channel on YouTube. Even better, if you want a full scale education, check out the Income Mentor Box Day Trading Academy.

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

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Newbie Forex Trading Tips

Newbie Forex Trading Tips

When you are new to the world of FX trading, things can be quite exciting. However, it can also be quite the intimidating experience.

There is no doubt about the fact that the prospect of making thousands in profits is alluring to many. But, there’s also no doubt that that the prospect of losing thousands of dollars is quite scary. That is what we are here for today, to provide you with the most valuable newbie Forex trading tips around.

No, being a beginner in the world of Forex is certainly not easy, and it takes a good deal of work to get to a level where you can make consistent and healthy profits.

However, if you follow all of the newbie Forex trading tips that we have outlined below, your chances of success will increase drastically. It’s all about trading the right way and avoiding certain things too. Today we are here to discuss all of the things which you should avoid doing in your FX trading journey.

Newbie Forex Trading Tips

Newbie Forex Trading Tips

Right here, we have 6 of the most valuable newbie Forex trading tips around. These hints and tips are all things which you should avoid doing at all costs. If you manage to avoid these 6 things, your chances of being a successful and profitable FX trader will increase exponentially.

 

Don’t Use Short Timeframes

When it comes to newbie Forex trading tips, one of the big DON’TS here is to never try trading with very short timeframes. Sure, short timeframes can be extremely lucrative, but you do have to know what you are doing. The fact of the matter is that trading the shorter timeframes can be very stressful.

Due to the trades only being open for short periods of time, the level of stress is very high. You have to keep an eye on all open trades at all times to ensure that everything is going to plan. Longer timeframes can still be very profitable to trade, butt they are also more stable, safer, and much less stressful to keep track of. As a newbie, start out by trading the longer timeframes.

Don’t Overtrade

Another great newbie Forex trading tip for you to follow, another big don’t, is to not overtrade. Sure, a professional trader with lots of experience might be able to handle having 10 trades open at once, placing 25 trades per day, and trading with large lot sizes.

However, it takes a whole lot of skill, effort, and experience to be able to manage this. Trading at such high volumes with large lot sizes is very risky. The more trades you have open at the same time, the harder it is to keep track of everything. oHowH

If you are new to FX trading, like very new, you should not execute more than 5 or 6 trades per day, and you should definitely not have more than 2 or 3 active positions open at once. This way, it becomes much easier for you to keep track of everything.

CLICK ON IMAGE TO GO TO ANDREW’S TRADING CHANNEL 

Andrew’s Trading Channel

Don’t Try to Learn Everything at Once

Another big mistake which beginner traders make is to try and learn everything at once. When it comes to newbie Forex trading tips, one of the biggest ones we can give you is to take things slowly. There is just no point in trying to cram a ridiculous amount of information into your head all at once.

This is a great way to ensure that you won’t retain any valuable information. If you try to learn too much all at once, chances are that you won’t actually learn anything at all.

Start off small, learn some basic terms, facts, and theory, and slowly move on to learning about indicators and trading strategies. Master a couple of indicators and successful trading strategies first, gain some experience, make some money, and then go from there. Folks, this is a marathon, not a sprinting race.

Don’t Make Things Too Complicated

In terms of newbie Forex trading tips, something else you want to avoid doing is making things way more complicated than they have to be. Sure, there are some really awesome trading strategies out there that involve multiple indicators and analysis tools. These are designed for the pros.

When you first start off with FX trading, there is no reason why you should not keep things simple. Just learn about a strategy that uses one or two simple indicators, and then go from there. Overcomplicating things will only result in a huge headache.

Don’t Try News Trading

Something that can be quite profitable is trading the news. Great Forex traders can read news reports and make profitable trades based on them. Sure, it definitely sounds quite easy, but it is not, far from it in fact. One of the most valuable newbie Forex trading tips for you to follow is to avoid news trading until you have gained more experience using simple indicators and other strategies.

Don’t Keep Trading in the Face of Constant Losses

The last of the newbie Forex trading tips we want to give you is that if you are constantly losing trades, it’s time to take a step back, revaluate your plan, and learn some new skills. There is no point to trading if you are just hemorrhaging money.

Newbie Forex Trading Tips – Final Thoughts

The bottom line is that if you follow all 6 of the newbie Forex trading tips as outlined here today, you should be able to make it big in the world of Forex. Of course, there is whole lot to know when it comes to trading currency pairs. There is truly no better way to become a pro trader than by learning from the best.

If you truly want to become the best of the best in the world of FX, we would absolutely recommend joining the Income Mentor Box Day Trading Academy. It’s by far the best, most comprehensive, and cost effective Forex trading school around. Also, check out Andrew’s Trading Channel on YouTube for daily hints, tips, updates, new trading strategies, live FX trading, and more.

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Forex Time Wasters to Avoid

Forex Time Wasters to Avoid

OFFICIAL SITE: INCOMEMENTORBOX.COM

If you want to be a successful day trader, you need to stop wasting time, and Forex time wasters can be detrimental to your success. Right now, we are here to talk about 9 big time Forex time wasters you need to avoid, if you plan on being successful.

Forex Time Wasters

 

9 Forex Time Wasters – STOP IT!

Right now we want to take a quick look at the 9 biggest Forex time wasters out there. These are all things which you need to stop doing. If you do any of these things, you won’t be a truly successful Forex trader. Now, with that being said, today we are not focusing solely on trading per say, but also on life in general. The below 9 Forex time wasters also apply to life in general.

 

 

Waiting for Inspiration

One of the biggest Forex time wasters out there is to wait for inspiration, which is also true for life in general. If you constantly sit around waiting for inspiration, you won’t ever actually accomplish anything at all. You are the only inspiration you need.

Sure, you have to pick your moments and execute trades at the right time, but sitting on your hands and waiting for a sign from God is not going to cut it. If you expect to be a successful trader, and successful in life, you need to take action and make your own inspiration.

 

Worrying About the Opinion of the Sheep

As Tywin Lannister in the popular hit TV series Game of Thrones said “Lions do not concern themselves with the opinions of sheep”. This holds true in real life, in Forex trading, and across the board in general. Sure, listening to professional traders and the advice which they have to give is one thing.

However, taking advice or listening to the opinions of people who have no idea what they are doing is pointless. Yes, everybody has an opinion, but unless their opinion is knowledge and fact based, and very educated, then there is no point in listening to it.

 

Complaining

When it comes to Forex time wasters, and to wasting time in general, complaining is one of the most severe offences which all too many people commit. Think about it. Where is complaining going to get you?

Absolutely nowhere, that is where complaining will get you. For instance, if you lose some trades, and you complain about it, is it going to change anything? No, of course not! Not only does complaining get you nowhere, but people really hate complainers too. Stop complaining and start taking action to correct your mistakes.

 

Trying to Please Everybody

Ok, so this one of the Forex time wasters may not apply overly much to trading, but it still does. One of the worst things you can do in general is trying to please everybody. Folks, pleasing everybody is simply not possible. Just look at politics.

There are always people who are going to be unhappy with the decisions you make, no matter what the case. The only person you should be aiming to please or satisfy is yourself. You are the one trading, it is your money being risked, and it is you should come out on top at the end of the day.

 

Comparing Yourself to Others

When it comes to Forex time wasters, another severe offence is to compare yourself to others. Where is this going to get you? Nowhere! Let’s say you are a newbie to the world of day trading. You don’t make much money and you lose trades fairly often.

You then see professional traders making several thousand dollars per day. It can be super demoralizing to compare yourself to the pros, because it makes you look at feel bad, but there is just no point to it. Sure, it’s fine to learn from the pros to try and emulate them, but to compare your success to there is useless.

 

Repeating the Same Mistakes

The definition of insanity is to repeat the same mistakes over and over again, and in terms of Forex time wasters, this is a big one. Newbie traders will often keep on making the same errors over and over again without making any real changes to their methods and strategies.

Why would you do this? Sure, if something isn’t broken, then don’t fix it, but if it is broken and not working right, you need to take steps to become better. It’s all about making improvements, not stagnation.

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Perfectionism

Perfectionism is another definite Forex time waster. Folks, even the best and most experienced traders still are not perfect. Even the best of the best still make occasional mistakes and lose trades. A risk of losing is inherent in day trading and there’s just nothing you can do. You can never be perfect, and once you get this through your head, you can start taking pride in the wins that you accomplish.

 

Fear of Failure

In terms of Forex time wasters, a fear of failure is probably one of the very biggest ones out there. People who are afraid to fail are people who won’t ever be successful. Yes, FX trading can be risky, and there is always a possibility that you will lose some trades. It happens.

While it is OK to work on the side of caution and to take care when trading, not placing trades or taking action due to being afraid to lose won’t get you anywhere. To make it big, sometimes you have to take risks. Such is the nature of life.

 

Not Living Your Life

The other thing you should not be doing is wasting all of your time trading Forex. Yes, FX is a great way to make money, but it can become very consuming for some people. You still need to live your life!

 

Forex Time Wasters – Final Thoughts

There you have it folks, 9 Forex time wasters that you absolutely need to avoid. Remember people, these Forex time wasters do not apply just to Forex, but to life in general. It’s time to live your best life!

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Ask Us Anything You Want!

Ask Us Anything You Want!

OFFICIAL WEBSITE: IncomeMentorBox.com

Do you have questions about day trading? If so, you should always feel free to ask us, the Income Mentor Box Day Trading Academy. Yes, we have a comprehensive course for day traders, but people still always have questions to ask. Please folks, always feel free to ask us anything about day trading, and we will always do our best to help you in any way we can!

 

Income Mentor Box, Ask Us

Ask Us About Trading Strategies!

One thing that we want you guys to ask us about is about trading strategies. Yes, here at the Income Mentor Box Day trading academy, we provide tons of lessons in regards to trading strategies. We have a lot of good course material focused around trading strategies. We also have lots of daily trading strategy updates. However, we do know that these concepts and strategies can be a bit hard to grasp. We do not expect you to understand everything the first time around.

After all, that would not be natural, and day trading is something which takes some practice to get the hang of. Therefore, if you are having troubles grasping the fundamentals, especially in regards to trading strategies, please ask us. If you ask us, we will do our very best to explain trading strategies to you in such a way that will make everything easy to understand. This is what we here at the Income Mentor Box Day Trading Academy are all about, explaining and teaching you how to be the best day trader you can be!

 

Ask Us About The Differences Between Types Of Trading!

Something that you might want to ask us about is in regards to the different types of trading. Here at the Income Mentor Box Day Trading Academy, we teach all kinds of trading. You can learn how to trade stocks, Forex, indices, commodities, CFD, and so much more. Of course, there are some big fundamental differences between these kinds of trading. Just because we taught you how to trade Forex does not mean that you are automatically ready to start trading stocks.

Something that we here at the Income Mentor Box Day Trading Academy can teach you is the difference between one type of trading and another. This is vital if you want to become a diverse and successful trader. So, if you have questions in regards to the different types of trading which you can engage in, please feel free to ask us and we will do our very best to answer your questions to the fullest of our abilities.

 

Ask Us About Trading Tips!

Yet another thing which you should feel free to ask us about is in terms of trading tips. After all, the main goal of our Income Mentor Box Day Trading Academy is to provide you with accurate and up to date trading tips. There are always new updates to be done, and we might not always be able to keep up with them all. This is why we want you to ask us about trading tips. This could be in regards to anything and everything to do with trading. If you need tips on how to be a better trader, we will do everything in our power to make it so.

 

Ask Us How To Use Trading Platforms!

Something else which you should definitely ask us about has to do with brokers and trading platforms. Yes, if you want to be a top notch trader, you need to know how to use various brokers and trading platforms. You cannot possibly be a good trader if you are not familiar with how brokers work and how various trading platforms work.

These can be a little tricky to understand and to get the hang of. However, once you are intimately familiar with these things, you should be able to trade like a pro no problem. Of course, you may have varying questions about brokers and trading platforms, and you should always feel free to ask us anything. Remember folks, there is no such thing as a stupid question!

Ask Us About Our Own Trading Mistakes!

Something else that we would like you to ask us about is our own trading mistakes. Yes, here at the Income Mentor Box Day Trading Academy, we have also made trading mistakes. We are not one of those trading academies which claims that our mentors are 100% perfect and that they have never made mistakes when trading. This would be a stupid claim to make, as everybody makes mistakes when day trading.

However, the important part here is to learn from those mistakes and to improve upon them. We want you to ask us about our own trading mistakes, because this way we can share our own experiences with you. We want to tell you about our own trading mistakes, because this way we can help you avoid making those some mistakes. If you have any questions in regards to this, always feel free to ask us, because we don’t want you to make easy to avoid mistakes when you do not have to!

Ask Us About Hot Stocks

Another thing that you can always ask about are stocks. Here at the Income Mentor Box Day Trading Academy, we do provide stock and Forex signals for you to trade with. However, for whatever reason, you might not be happy with them and are looking for new stocks to invest in. If this is the case, always feel free to ask us about new and upcoming stocks that you might want to invest in.

 

Ask Us MORE! – Final Thoughts

The bottom line is that you should always feel welcome to ask us questions in regards to trading. This is what we are here for! The main purpose of this Income Mentor Box Day Trading Academy is to turn you from newbies into self-sustaining and profitable day traders. Whatever questions you have, there are no questions too big or too small. Just ask us anything you like, and we will always do our best to answer in such a way that makes the most sense to you!

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Live Trading Results & Real Profits!

Live Trading Results & Real Profits!

OFFICIAL WEBSITE: IncomeMentorBox.com

You know that here at the Income Mentor Box Day Trading Academy, we are all about teaching you to be the best day trader you can be. Here, when you become a member of our trading school, you will gain access to a plethora of course materials that will turn you from a newbie into a pro. Yes, we provide you with well over full length and in depth tutorials which are very easy to follow. We have also got a free signals service for all members, an EBook, and so much more. However, something else we do here, courtesy of Andrew, our mentor, is live trading.

Yes, that is right, here at the Income Mentor Box Day Trading Academy, our leader, Andrew does plenty of live trading sessions. Now, these live trading sessions can be found on the YouTube channel, and they in themselves are great ways for you guys to learn how to trade. Of course, these live trading sessions are not super in depth. If you want full length lessons, you do have to join our academy.

Income Mentor Box - Live Trading

However, what is important to note is that we do these live trading sessions to offer your proof, real and legit proof that our strategies and systems really do work. Today we are here to talk about some of the latest Income Mentor Box live trading sessions led by Andrew himself. We want to show you that Andrew is indeed a profitable trader, he knows what he is talking about, and he can indeed help you become a professional and profitable trader as well. Let’s go over some of our most recent live trading sessions, the profits Andrew managed to rake in, and how you can use these various strategies to do the same!

Income Mentor Box & Live Trading – Why We Do It

Ok, so we first want to explain why we here at the Income Mentor Box Academy do all of these live trading sessions. The reason is because there are so many self-proclaimed trading gurus out there, most of which are full of nothing more than hot air.

They claim to have all the secrets so you can win Forex and stock trades 100% of the time. However, when it comes to offering empirical proof, evidence that their methods and strategies work, there is usually none to be found.

These crooks think that they can rip you off by charging you money for their nonsensical ramblings. However, Andrew from our Income Mentor Box Day Trading Academy knows that you want to see proof of the profits. This is why we do live trading sessions with live trades being opened and closed on screen. There is no better way to show you that we are the real deal, other than to actually show you solid proof of live trading profits!

Income Mentor Box Live Trading

Income Mentor Box Live Trading – Latest Profit Sessions

Let’s quickly go over the latest Income Mentor Box live trading sessions hosted by none other than Andrew himself. Here you will see live trades being placed and closed, with real profits being accumulated. You can see everything for yourself, so there is no debate around legitimacy. Guys, if you trade just like Andrew does in these live trading videos, there is no reason why you cannot be a successful day trader too!

The Fencing Strategy

This particular live trading and tips session is all about Forex and CFD day trading. As Andrew notes, this is kind of a crazy or wacky strategy, but as you can see in the video, it does get the job done. Following this Forex fencing strategy, Andrew was able to make well over 400 Euros in profits in just a few minutes. It is a bit complicated, but it is something that you can easily learn with his guidance.

Winning Strategies

This is another relatively new live trading video which Andrew did. This one is all about winning secrets so you can stop losing Forex, CFD, and options trades. There are many mistakes which newbie traders make, and many secrets which even the pros do not know about. As you can see from this video, Andrew uses these winning secrets to make over 500 Euros in profits in about 1 hour. These are winning Forex strategies that you can put to good use.

 

The Profit Day

Now, this video, courtesy of Andrew, is a bit more general in nature. Here he just covers some basic tips and strategies to help you win trades. This one is all about showing you that the Income Mentor Box lessons can indeed be very profitable. This live trading session lasted only a couple of hours and produced over 1,200 Euros in profits.

 

 

Scalp Trading

This other live trading session video we want to mention is all about the scalping strategy, otherwise known as scalp trading. It’s a great way to make lots of small short term profits. As you can see in the included video, Andrew made close to 5,000 Euros in profits through this way of trading!

 

Income Mentor Box & Live Trading – Final Thoughts

Folks, as you can see, there is really no debating the fact that Andrew’s trading tips, methods, and strategies really do work. As you can see from the 4 latest live trading and profit sessions, the proof is indeed in the profits. Now, it might take some time for you to get on the same level as this, but if you join our Income Mentor Box Day Trading Academy, become a pro trader is definitely doable.

With the multitude of course materials that we offer, guidance from Andrew himself, and daily updates, you really cannot go wrong. Of course, one of the main benefits you will get from being a member of the academy is a free signals provision service. We have got a great Facebook group where we post up to 12 Forex, stock, and indices trading signals per day. All you have to do is copy them into your broker or trading platform of choice, and watch as the profits roll in. It really does not get any easier than that!

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Getting Over A Big Trading Loss

Getting Over A Big Trading Loss

OFFICIAL WEBSITE: IncomeMentorBox.com

Did you just suffer from a big trading loss? Yeah, it happens, and it happens to pretty much every day trader out there. It is something that we here at the Income Mentor Box Day Trading Academy know all too well. With that being said, getting over a big trading loss is very possible, as long as you follow these rules and tips. Let’s help you get over that big trading loss so you can get back to making money on a consistent basis!

Income Mentor Box - Trading Loss

Cut Your Trading Loss & Call It A Day

One of the biggest mistakes that newbie traders make after suffering a big trading loss is to keep trading on that same day. Now, you might think that the best idea is to keep trading so you can recoup your losses and make your money back. However, the chances of this happening on the same day as your losses are pretty slim.

The fact of the matter is that you are not going to be clear headed after such a big trading loss. You are going to be angry, rash with decision making, and you won’t be using your brain to trade. Something that we always stress is that you should never trade emotionally. Trading, whether Forex or otherwise, requires a clear head and a sound mind.

Trying to trade when you are already frustrated, after having suffered a big trading loss, is not going to be your best decision of the day. Folks, there are well over 250 weekdays in a year when you can trade. If you suffer a big trading loss, call it a day, collect your thoughts, re-evaluate your plan, and get back to it the next day. There is no need to rush head first into even bigger trading losses.

Accept Responsibility & Figure Out What Lead To The Big Trading Loss

Yes, a big part of dealing with a trading loss is to accept responsibility that it was your fault. There is no doubt about that. Sure, the market may have taken an unexpected turn, maybe you trading platform is not up to snuff, or whatever else. However, the point here is that as a trader, you need to know that you are 100% liable and at fault for losses. There is nobody to go crying to, so there’s no point in blaming anything or anybody else. When you trade, you accept the risk that there might be some big losses in store for you.

However, this is not to say that you cannot evaluate your plans and strategies after a big trading loss. Why did the trade go south? Why did you just lose so much money? Being able to take a close look at the trades you made, and exactly what went wrong, should help you avoid another big trading loss in the future.

Now, this is not to say that it won’t happen again, but if you just start trading again, without knowing why the loss happened in the first place, it most likely won’t end well all over again. Take a few trading lessons, analyze why that big loss occurred, and try to correct whatever can be corrected.

Yeah, sometimes it is all down to luck, but usually big trading losses can be attributed to mistakes, even one small mistake made along the way, and knowing that mistake was can make all the difference. Also, go back to what you know. How were you successful in the first place? Often, going back to your grass roots, what made you successful in the first place, will help you correct errors and avoid big time trading losses in the future.

 

Put In Some Practice Time To Avoid Another Big Trading Loss

One problem that tends to occur with most people after they suffer a big trading loss is that confidence goes right out the door. Yes, this is normal. It’s not odd if you feel unconfident after having just flushed a few grand down the toilet. Of course, everybody is going to be a bit weary after suffering a big trading loss like that.

However, the issue here is that you really cannot go back into trading if you are not feeling confident. You need to stick to your game plan, trade with your intellect, not your fears. The issue that people will end up not investing enough, holding back, missing trades, and just making bad trading decisions due to a lack of confidence.

Our advice here is that after suffering from a big trading loss, you might want to use a demo account for a few days. Just get back into the swing of things, make sure that you are winning most of your trades in the demo account, and this should get your confidence back up to the point where you should feel good trading with real money. There is absolutely no point in rushing back into big time multi-thousand dollar Forex trades if you don’t have the confidence to do it right. Just go slow and work your way back up the ladder.

Start Out Small When Getting Back Into Trading After A Big Loss

The final piece of advice that we want to give you here today in relation to recovering after a big trading loss is to start out small. Now that you have accepted responsibility, cleared your mind, re-evaluated your trading strategy, and practised on a demo account, you can get back to trading. However, do not start out big.

Start out with just a trade or two, and don’t invest too much money per trade. Don’t jump right back into it trading at the same volume you were when you suffered your huge loss. There is no point in rushing back into it. The market is not going anywhere. So just get your wits about you, get your bearings, and slowly ease back into it.

Getting Over A Big Trading Loss – Final Thoughts

Folks, as long as you follow these tips and rules, you really should not have a problem recovering from a big trading loss. Yes, it sucks, but it happens, and it happens to everybody. Suffering losses in trading is pretty much unavoidable, but it’s how you deal with them that will decide how your trading future looks.

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