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.

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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.

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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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Best Trading Guides for Beginners

Best Trading Guides for Beginners

If you are new to the world of day trading, whether Forex, stocks, crypto, or anything in between, you might be having a bit of difficulty. Yes, trading all of these assets on the market can be extremely profitable. For instance, if you do it right, you stand to make thousands of dollars per day. This is where the best trading guides for beginners come into play.

The fact of the matter is that trading something like Forex is much harder than just choosing random signals and executing trades. You need to have a lot of knowledge, skill, a good deal of patience, and yeah, a bit of luck too. However, if you go into trading without any prior knowledge or experience, you’re bound to lose money.

However, below we want to take a look at some of the best trading guides for beginners out there. All of these guides come to us courtesy of Andrew A. Andy is the leader of the Income Mentor Box Day Trading Academy, plus a large variety of other educational resources too. Today we are here to look at some of his most recent trading guides for newbies, as seen on his YouTube channel.

Best Trading Guides

Best Timeframes for Beginners

One of the most recent trading guides which Andrew released on his channel is all about finding the best timeframes to trade in. Timeframes in FX trading are extremely important to know about. There are 1 minute, 3 minute, 5 minute, 15 minute, 1 hour, 1 day, and so many more timeframes.

Choosing the right ones can be very hard, especially as a newbie. Finding the right trading timeframes can make all of the difference. Check out the embedded video for a comprehensive explanation on choosing the right timeframes for day trading.

 

EUR/USD Scalping

This is another one of the best trading guides for newbies out there, with this one being all about Forex scalping, specifically using the EUR/USD pairing. Here you will find out all about scalping, what it is, how to do it, and more. In short, scalping in FX trading is all about placing a large quantity of small trades.

The aim is to make lots of small profits. It can be a great way for newbies to minimize risk and maximize profits. The EUR/USD pairing is one of the best to work with for FX scalping. If making lots of small profits each day sounds good to you, then you should absolutely check this video out.

 

SL & TP Masterclass

Just to be clear, SL stands for Stop Loss, and TP stands for Take Profit. Stop loss and take profit orders are essential to understand if you plan on being successful in Forex trading. Both SL & TP are vital if you plan on maximizing profits, mitigating risk, and minimizing losses.

A well set stop loss order can stop you from losing a full investment in the event that a trade goes south. Moreover, a well set take profit level can allow you to bank profits before things turn around. When it comes to trading guides for beginners, this might just be one of the first ones that you should check out.

 

Trading NASDAQ for Newbies

The NASDAQ is one of the world’s largest and most popular stock exchanges. Of course Forex is a great way to make money trading currencies. However, there are some really great profit opportunities on the stock market too. Now, trading the NASDAQ does take a bit of skill and knowledge.

This is not something you can start doing blindly. In this particular video, Andrew is going to show you how to use support and resistance levels to trade the NASDAQ. As you will see from this trading guide, Andrew manages to make somewhere in the neighborhood of $5,000 with this trading strategy. S&P500 for the NASDAQ tends to work quite well.

 

Stock Trading for Beginners

Yes, the previous trading guide was about trading NASDAQ stocks, but of course, there are other stock markets out there too, all of which can provide you with massive profits if you go about trading and investing the right way.

This particular trading guide will provide you with some of the very best stock trading tips out there. If you plan on getting into the stock market, before you do so, you should definitely check this video out. It will provide you with a whole lot of useful info to help get you started.

 

Generating Full Time Income from Home

What is really interesting about this particular trading guide is that it is all about being able to make profits from home. Some people have day jobs and trade Forex on the side, which is fine, but not necessary.

Real Forex traders can spend their days trading Forex and make more than enough money to live comfortably. It is not necessary to have a day job when you are a pro Forex trader. With this trading guide, you will get some really awesome tips on how to trade Forex full time from home. The point here is to bring you to a level where you don’t have to rely on a menial day job for survival.

 

Best Trading Guides for Newbies – Final Thoughts

As you can see, Andrew from Income Mentor Box has a great YouTube trading channel, one that comes out with many new videos per week, particularly these trading guides for newbies. Remember folks, nobody stumbles backwards into Forex trading and is an automatic success.

Life just doesn’t work that way. Becoming a professional and profitable day trader takes time and effort. That said, with these best trading guides for beginners, you can speed up the learning process a whole lot and start making good money much sooner.

Remember folks, if you want a truly comprehensive day trading education that covers everything from A to Z, then joining the Income Mentor Box Day Trading Academy is highly recommended.

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Best Forex Strategies & Tips

Best Forex Strategies & Tips

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Andrew’s Trading Channel is here to provide you with some of the best Forex strategies and tips for success around. Andrew himself is the owner of the Income Mentor Box Day Trading Academy, as well as other educational resources too. We really like his YouTube channel because he produces many tutorials and lessons on a weekly basis, all of which can help you become the successful day trader you aspire to be.

Best Forex Strategies

Best Forex Strategies & Tips

Here we want to feature a selection of the best Forex strategies and trading tips as outline by none other than Andrew himself. As we stated above, on Andrew’s Trading Channel on YouTube, you can find many new tutorials and trading lessons every single week.

Let’s take a look at some of the best and most recent ones out there. In one way or another, these best Forex strategies tutorials can help put a whole lot of money in your pocket.

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Andrew’s Trading Channel

 

2 EMA + Bollinger Bands + RSI

Alright, so right off the bat, this is going to be one of the more technically advanced FX trading strategies. This one, while it is not designed for newbies, Andrew does do a great job of explaining it thoroughly and in great detail.

When it comes to making substantial daily profits and executing reliable trades that are highly likely to be ITM, then this 2 EMA/Bollinger Bands/RSI trading strategy is a great way to go. Yes, it incorporates 3 different kinds of indicators. This makes it seem quite intimidating. However, in all reality, if you watch the video and pay attention, you should be able to execute this strategy without too many issues.

Best Forex Strategies – Finding Entries & Exits

Of course, when it comes to trading FX, what you definitely need to get the hang of is how to find the best entry points for trades, as well as the best exit points too. Entry points are the points or price at which a trade is entered into. Exit points are the points or price levels at which trades are closed.

If you expect to see any sort of success in FX trading, being able to find and identify the right entry and exit points is crucial. We would absolutely recommend watching this video from front to back. It is one of the most useful and best Forex strategies and tips tutorials which Andrew has put out in a long time.

The London Breakout Strategy

We will leave explaining what this London breakout strategy is to the video itself. Not in a million lifetimes could we explain it any better than Andrew has in this video. However, we do think that it is one of the best Forex strategies around. The reason for this is because it is so highly profitable.

Yes, it can be a bit risky to utilize this strategy, especially as a trading newbie. That being said, as you will find out, this particular method of trading can allow you to make a full day’s income in just a single trade. If you like making large profits through minimal trades, then this is a lesson to keep your eye on.

The Ultimate Oscillator Strategy

When it comes to the best Forex strategies and tips around, something you need to master is how to use oscillators properly. The main point of oscillators is to show when securities are overbought or oversold, but they do have other purposes as well.

These are an integral part of day trading which you should absolutely be super familiar with. In this particular tutorial, Andrew discusses a particular oscillator trading strategy, how it works, and how you can best use it to make great profits. As you will find out here, it’s all about buying low and selling high to make substantial monetary gains.

Best Forex Strategies – Beginner Trading with $200

One of the hardest parts of FX trading is when you are a beginner, you don’t really know what you are doing, and you only have a couple hundred dollars to start trading with. Yes, when you first start out with such little money to spare, trading can be very challenging, not to mention super risky as well.

The less money you have, the harder it all becomes. Well, in this particular one of the best Forex strategies tutorials around, both parts 1 and 2, Andrew shows how you can successfully start day trading with just $200. He will show you how to mitigate as much risk as possible, as well as how to grow that account into something substantial.

9 Biggest Time Wasters

When it comes to the best Forex strategies and tips around, this particular video tutorial is a bit vague. The reason for this is because Andrew discusses 9 specific things which people do to waste time. These particular time wasters do of course apply to Forex trading, but there is so much more to it than that.

These trading tips also apply to every scenario in real life outside of the world of day trading. If you can manage to stop doing these 9 things you can become a much more successful Forex trader, and much more successful in real life too.

6 Major Forex Trading Mistakes

The other video tutorial courtesy of Andrew which we would like to discuss has to do with mistakes. This particular video features some of the best tips around and can go a long way in helping you to create your own best Forex strategies.

Here, Andrew discusses 6 major mistakes which newbies often commit when they first start trading FX. Take a close look at the video. If you mange to avoid these 6 major trading errors, your chances of success and making huge profits will skyrocket drastically.

The Best Forex Strategies & Tips – Final Thoughts

The bottom line is that if you are looking for the best Forex strategies and tips around, then Andrew’s Trading Channel is the place to be. If you are looking for a full scale and comprehensive FX trading education, we would recommend checking out the Income Mentor Box Day Trading Academy.

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Forex Time Wasters to Avoid

Forex Time Wasters to Avoid

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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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Getting Rich Trading Forex – RULES!

Getting Rich Trading Forex – RULES!

If you are a newbie to Forex trading, and trading the market in general, you’re probably quite worried about losing money. The fact of the matter is that yes, there is a certain amount of risk involved with Forex trading. If you don’t do it right and you don’t follow the rules, getting rich trading Forex is not easy.

However, this is what we are here for today, to provide you with the best tips for getting rich trading Forex. There are a few very basic rules and principles that you must follow at all costs if getting rich trading Forex is your goal. Yes, people, it is possible to make a whole lot of money trading currency pairs, but you need to do it right.

Getting Rich Trading Forex – Best Tips

Our very own Andrew, A, the leader of a variety of trading channels, as well as the Income Mentor Box Day Trading Academy, just released and a brand new tips video on this very subject. Getting rich trading Forex is the name of the game, and Andrew is here to make it happen.

Always Reinvest

If you plan on getting rich trading Forex, one thing that you need to avoid doing at all costs is to bank or withdraw your profits. This is especially the case if you started off with a relatively small trading account. A big mistake with many greenhorns make is to always withdraw their profits as soon as they occur. This is a great way to get nowhere in the world of FX.

If you only have your initial investment amount in your account, it means that you can never increase the number of trades you place at once, plus you also cannot invest a lot of money per trade.

You need to keep as much of your profit in your trading account as possible. This is how you grow an account. It’s all about accumulating profits, kind of like interest at the bank. The more money you have in your account, the more interest accumulates, the more money you have, and the more interest there is. This is a cycle, one that is the same with Forex trading. People, keep reinvesting those profits!

Get Rich Trading Forex

Don’t Be Afraid to Move Against the Pack

One of the worst things that you can do as a newbie FX trader is to always be a sheep and to follow the herd. People who are afraid to think outside of the box or trade against the herd usually do not get very far at all.

Yes, this herd mentality can sometimes lead to some profits, but what usually happens when you follow the herd for too long is failure. It’s like if 1 sheep runs off a cliff, the whole herd will run off the cliff. This is often what happens here in FX trading.

When it comes to getting rich trading Forex, being the wolf or the black sheep can be very advantageous. Move against the pack, take a risk, and make it big. Yes, trading against the herd can be a bit risky and dangerous, but you won’t ever get wealthy via Forex trading if you never take risks. Think outside the box.

Don’t Be Idle

If you plan on getting rich trading Forex, one of the worst things you can do is to be idle or to sit on your hands. This is what Andrew refers to as sucking your thumb. Folks, if you don’t take risks and you don’t execute those trades when good opportunities arise, you won’t ever get anywhere. If an opportunity for profit presents itself, and the risk level suits your needs, go for it.

There is no point in trading FX if you are going to sit there doing nothing but analyzing things the whole time, all the while never placing trades. Yes, trading is risky, but those who risk it all are sometimes rewarded big. Simply put, you won’t get the puck in the net if you never take the shot. Get your stick on the ice and start shooting big.

Get Rich Trading Forex

Have a Plan

When it comes to getting rich trading Forex, another big mistake which many newbies make is to trade without a solid plan. Folks, there are thousands of different ways to trade FX out there. Between all those different charts, indicators, oscillators, and analysis tools, you can find thousands of different trading strategies.

No, you don’t need to know a thousand strategies, just a few good ones that you understand, ones that work well for you. The worst thing you can do is to start trading blindly and emotionally. Learn some good trading strategies, learn the basics of Forex, make a solid plan on paper, and then stick to it.

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Andrew’s Trading Channel

Stop Wasting Cash

Rich people get rich because they save every last penny, not by spending it on frivolous junk. Stop buying expensive dinners and clothes, stop wasting money on useless garbage, and get an old second hand car instead of that new Ford Mustang.

Simply put, stop wasting your cash and pay attention to the small stuff too. Even small expenses like buying a cup of coffee from the shop instead of making your own brew starts to add up real quick. Use your money for to get rich trading Forex, focus your resources on trading, and then once you make it big, that’s when you can start spending.

Get Rich Trading Forex

Risk Assessment

One of the other tips to get rich trading Forex is to always engage in some good old risk assessment. You need to know how much money you can risk without completely bottoming out. Never trade with more cash than you can lose. If you need that last $1,000 to pay the rent, don’t trade with it!

Get Rich Trading Forex – Final Thoughts

The bottom line is that to get rich trading Forex, there are certain rules which you need to follow, rules which will either make or break you! If you really want to learn everything there is to know about how to get rich trading Forex, we would recommend joining the Income Mentor Box Day Trading Academy.

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Andrew’s Trading Channel Live Streams

Andrew’s Trading Channel Live Streams

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If you have not yet heard of Andrew’s Trading Channel and the live trading streams, you really don’t know what you are missing. This is a great new resource for day traders to take advantage of. This is something that can help you learn how to trade right and earn money while you learn too!

 

Andrew's Trading Channel

 

What Are Andrew’s Trading Channel Live Streams? – Why Live?

For those of you who don’t know, Andrew’s Trading Channel is a channel on YouTube which anybody can access and subscribe to. As the name of the channel implies, it is all about trading. Now, this has been around for quite some time now, with the mentor himself, Andrew, having made videos for a long time. However, this is not the first time ever where he is doing live streams. These live streams really do take things to a whole new level, because Andrew teaches you how to trade live and in real time.

One of the reason why we like these real time live streams from Andrew’s Trading Channel so much is because, well, they are live and done in real time. This offers unparalleled, and undisputable proof that the tips and strategies provided are the real deal. Here, you get to see trades placed and closed in real time, live on camera, so you know that the strategies work and that the trades are legit. There are no video cuts going on here and no sneaky video editing tricks either. Everything is truly live and done in real time, for solid proof that Andrew is on your side.

 

Andrew’s Trading Channel – Copy Trades To Learn & Earn

Alright, so before we get into talking about what exactly Andrew teaches you in these live streams, we want to talk about the fact that this allows you to learn about Forex, crypto, and stock trading, but also to earn money at the same time.

What we mean is that whenever Andrew places trades live on camera, he’s done a lot of research, he knows what he is doing, and chances are huge that the trades will turn out to be winners.

In other words, anybody watching the live streams as they air can literally copy the trades which Andrew makes, which means earning money through profitable trades while also learning the ins and outs of how it’s all being done!

 

Things You Can Learn From Andrew’s Trading Channel Live Streams

Alright, so as you might have figured out by now, the whole point of these live streams from Andrew’s Trading Channel is to teach you how to be the best day trader you can be. With Andrew’s Trading Channel Live Streams, you will learn the most important aspects of Forex, crypto, and stock trading.

The videos are quite comprehensive, and each day you will learn about something else. There are many different day trading topics which Andrew covers, and they are all designed to allow you to start winning trades on a consistent basis, and thus make money too. It’s all about teaching you how to be a great day trader in real time.

Now, this trading channel, especially the live streams, are fairly new, so there are not all that many topics that have been covered so far, but there are a good few live streams already out there, and way more to come. Some of the live streams from Andrew’s Trading Channel have featured the following topics.

  • Live Forex Trading Ideas
  • Live Forex Trading Strategies
  • Best Forex Pairs To Trade
  • Live Forex Trading Sessions
  • Market Correlations & Boosting FX Profits
  • NFP Live News Trading
  • Live Gold Trading Strategy
  • RSI Forex Masterclass

There are also other things which Andrew’s Trading Channel live streams will cover on a daily basis, things like Forex pair and market analysis, how to perform analysis, how to use and read charts, real time quotes, various trading strategies, and much more. The bottom line is that while Andrew’s Trading Channel live streams are not a total substitute for the Income Mentor Box Day Trading Academy, they do provide some great ideas, tips, and strategies that can help make you much more profitable than ever before.

Live Streams – Who Is Andrew?

Yes, this is called Andrew’s Trading Channel. So, who is Andrew? Well, if you are here, by now, you should be familiar with him. Andrew is a long time trader who has been in the game for nearly a decade now, and he has amassed more experience than most others his age. Now, what we really want to stress here is that unlike others out there, Andrew is not some self-proclaimed trading guru or expert. He’s quite humble about it all and does not claim to have all the answers. However, funny enough, when compared to other teachers out there, he does seem to be more knowledgeable and willing to help.

Andrew's Trading Channel

Now, what also needs to be said is that Andrew is of course the creator and mentor from the Income Mentor Box Day Trading Academy. This is a hugely popular and super successful day trading school. This is a full fledged, full length, and fully comprehensive day trading course that will teach you literally everything there is to know about day trading. It’s hands down the best day trading course out there and it’s what you need to learn how to trade stocks, Forex, CFD, crypto, and more.

Keep in mind that Andrew, through Income Mentor Box, also offers a Telegram signals service for Forex. This Forex signals service is free for members of the Income Mentor Box Academy, and provides super accurate and up to date Forex signals that you can copy. At the same time, he is also the creator of Cryptocurrency Mentor Box, which is a cryptocurrency signals service.

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Andrew’s Trading Channel Live Streams – Final Thoughts

The bottom line is that between Andrew’s Trading Channel, the live streams, Income Mentor Box, and the various signals services provided, you here have the best shot at becoming a professional and profitable day trader!

If you have not yet heard of Andrew’s Trading Channel and the live trading streams, you really don’t know what you are missing. This is a great new resource for day traders to take advantage of. This is something that can help you learn how to trade right and earn money while you learn too!

LEARN TO DAY TRADE LIKE A PRO WITH INCOME MENTOR BOX!

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4 Best Forex Currency Pairs To Trade

4 Best Forex Currency Pairs To Trade

OFFICIAL WEBSITE: IncomeMentorBox.com

As you probably know by now, here at the Income Mentor Box Day Trading Academy, we are all about teaching everybody how to become full time and successful day traders. Whether you are a day trading newbie or you already have some experience under your belt, our goal is to help you quit you day job so you can live off of your trading profits. One of the most important things for you to know as a Forex trader, is what the best Forex currency pairs to trade are, especially for newbies.

However, of course, we are not going to create any illusions here, because whether you trade Forex, stocks, or cryptocurrencies, making money through day trading is not as easy as some make it out to be.

Best Forex Currency Pairs

Yet, there is also truth in the fact that if you day trade the right way, follow time tested strategies, and follow the tips we here at the Income Mentor Box Day Trading Academy provide you with, your results will definitely improve. Either way, today we are here to talk about the best Forex currency pairs to trade for newbies, the Forex currency pairs which carry the lowest risk and the highest potential for profits. We will also be going over a couple of other important Forex trading tips that will help you put money in your pocket on a daily basis.

4 Best Forex Currency Pairs To Trade For Newbies

So, what we want to do now is to provide you with a list of the 4 best Forex currency pairs for you to trade with, and this is especially helpful if you are a newbie. The fact of the matter here is that there are some Forex currency pairs which are much easier, less risky, and more profitable to trade with than others. As a novice, it is really important for you to know which ones are safe and profitable, and which ones carry more risk for less reward.

Let’s get to it and talk about the 4 best Forex currency pairs to trade with right now. Now, just on a side note, something you may have noticed is that Andrew, the mentor from Income Mentor Box, usually trades with the same few currency pairings. Some people enjoy trading a vast array of pairs, but more is not always better. It is better to go with high quality signals, ones that are reliable. Choosing to go with the 4 best Forex currency pairs to trade, instead of way more than that, is the best way to go about it.

USD/EUR

Both of these are big time currencies in their own right, and a really big reason why this makes for one of the best Forex currency pairs to trade with is because it is not all that volatile. In other words, it is fairly easy to predict in which direction the values will go. This is the most popular currency pairing out there right now, and moreover, among brokers it has the lowest spread, plus the USD/EUR pairing is often associated with technical analysis.

USD/GBP

When it comes to the best Forex currency pairs for newbies to trade with, the USD/GBP pairing is indeed in the top 3. Now, what does need to be said about this particular pairing is that it is quite volatile, which some people are definitely not going to like. However, on the other hand, what is really good about this pairing is the fact that it has a ton of market analysis information that is very easy to find online. The more information you can get about a specific Forex pairing, the better, and it is something that stands out big time about the USD/GBP pairing.

USD/JPY

Yet another one of the 4 best Forex currency pairs to trade is the USD/JPY currency pairing. One of the main benefits that you get from the USD/JPY pairing is the fact that it usually follows a very smooth and constant trend, and is therefore quite easy to predict. Moreover, this currency pair is associated with low broker spreads, as well as a relatively low level of volatility. When it comes down to it, this is one of the best Forex currency pairs for all newbie traders to trade with.

AUD/USD

The other Forex currency pair that you may want to try trading with is the AUD/USD currency pair. Now, the AUD/USD pairing is a bit more difficult to trade with than the others we have talked about so far, so it might be best to start with the other 3 first, before moving onto this one. One of the reasons why this pairing is a bit more difficult to trade with is due to a relatively high level of volatility. However, if you know the AUD trend and what is happening in Australia, this high level of volatility in the short term can help provide you with some fairly big profits.

Forex Currency Pairs & The Economic Calendar

Something that we do also want to mention before we finish up for the day is that before you trade any of those 4 Forex currency pairs which we discussed above, you do always want to go to investing.com. At investing.com, you can find the economic calendar. Always be sure to choose your own time zone when examining the economic calendar.

Here you always want to pay attention to 3 Bull News. If there is a 3 Bull News release that includes one of the currencies you wish to trade with, you want to avoid trading with it. For example, if there is a 3 Bull News release at 2 PM, you want to avoid trading with that specific currency from 1:45 PM to 2:15 PM. It’s one of the most important tips you can keep in mind when trading Forex.

4 Best Forex Currency Pairs To Trade – Final Thoughts

Folks, if you want to make healthy and consistent profits through day trading, using these 4 best Forex currency pairs is the best way to go about it. Remember guys, if you want to learn the ins and outs of day trading, and become a professional, our Income Mentor Box Day Trading Academy is hands down the best learning option out there right now.

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Income Mentor Box BIG LESSON UPDATE!

Income Mentor Box BIG LESSON UPDATE!

OFFICIAL WEBSITE: IncomeMentorBox.com

The Income Mentor Box Day Trading Academy just released a slew of new day trading lessons and tutorials to help put money in your pocket! Let’s go over some of the newest Income Mentor Box lessons to help you become a profitable day trader!

Income Mentor Box Best Stock Trading Tips

Income Mentor Box New Lesson #1 – Trading For Coffee

One of the most recent Income Mentor Box lesson updates which Andy did was a new trading video entitled “trading for coffee”. No, the name of the lesson does not sound particularly impressive, but the content certainly is. In this live trading video, Andrew engages in freestyle manual Forex trading with very small amounts and super short time frames.

The whole point of this particular Income Mentor Box Day Trading Academy lesson was to show you that it is possible to make healthy profits in just a few minutes. In other words, it is possible to make very small trades and only keep them open for a couple of minutes, Forex trades, and still make good money doing so.

If you take a look at the included video, you will see that through Andrew’s ingenious trading methods, he was able to make over 60 Euros in profits in just 3 minutes. Folks, if you want to day trade Forex and make fast money, which in this video Andrew refers to as coffee money, it is indeed possible. 60 Euros profit in 3 minutes definitely sounds like something which most of you should be interested in!

Income Mentor Box New Lesson #2 – Moving Averages Trading Secrets

If you are new to day trading, you might not know what moving averages are. On a side note, our Income Mentor Box Day Trading Academy has plenty of materials which cover moving averages.

Anyway, the moving average is a type of technical indicator which is used in Forex and day trading in general. This is a very important type of indicator to be familiar with. If you have watched any of our other trading lessons and tutorials in regards to moving averages, you know just how important they are.

Well, here at the Income Mentor Box, we know that using moving averages to day trade, while it can be very successful, is also a but tricky. This is why it is important for you to take a look at our newest Income Mentor Box moving averages trading secrets tutorial. It will make you a much better day trading and will teach you how to put moving average indicators to use in order to place successful and profitable Forex trades.

Income Mentor Box New Lesson #3 – Easy Money With Forex

One thing which all of you definitely want to know when it comes to Forex trading is how to make easy money. Now, the fact of the matter is that there is no such thing as magic or super special secrets when it comes to Forex trading.

However, there are little secrets and tips that you can follow when Forex trading, so you stand the best chances at winning trades and making money doing so. In this Income Mentor Box lesson, entitled Easy Money With Forex, Andrew goes over some basic and some more complicated rules and tips to help you make easy money through Forex trading.

It’s one of the newer and longer day trading tutorials courtesy of Andrew, but it is one that you should definitely watch. As you can see from the included video, Andrew was able to make well over 1,100 Euros in profits in just a few hours of trading, all by following the tips which he provides you with right here.

Income Mentor Box New Lesson #4 – How I Made 2.8K Today

Does making 2,800 Euros in a single session of day trading sound like a good deal to you? Well, if you do like making money, then this recent Income Mentor Box trading tutorial is definitely one which you should take a look at.

Here, Andrew shows you how to day trade using some really specific day trading strategies, and he shows you how to make substantial trades, and of course how to win them too. The bottom line is that this Income Mentor Box Day Trading Academy is here to help you win trades, lots of them, and make money doing so.

INCOME MENTOR BOX TELEGRAM SIGNALS GROUP – JOIN TODAY!

Ok, so now we have covered our brand new Income Mentor Box trading tutorials and lessons that you absolutely need to check out, but there is more. We have already done a couple of reviews and mentions of our new Forex Telegram Signals Group.

If you have not already heard of and joined our Income Mentor Box Telegram Group for Forex Signals, you really have no idea what you are missing out on. This is a Forex signals service which you can use to make big time profits. Here, all you have to do is either join our Income Mentor Box Day Trading Academy or join our signals group by itself. You will have to download the Telegram app. Here you will be provided with many daily Forex signals for trading.

The beauty here is that you have to do absolutely no work or analysis whatsoever. The signals come complete with entry points, stop loss levels, and take profit levels too. Simply copy and paste the signals into your trading platform or broker of choice. Making money really does not get much easier than that. It’s a great way to make easy money through Forex trading without having to do any of the heavy lifting yourself!

Income Mentor Box New Lessons – Final Thoughts

When it comes down to it, our Income Mentor Box Day Trading Academy releases new day trading lessons and tutorials all of the time, at least 3 or 4 per week. If you want to become a profitable Forex and stock day trader, keeping up to date with our new lessons will be very helpful. Don’t forget our Telegram signals service either, something that can help put fast and easy money in your pockets.

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