Income Mentor Box Day Trading Academy

Income Mentor Box Day Trading Academy

Do you want to become a professional and profitable Forex trader? If so, there is no better place to be than the Income Mentor Box Day Trading Academy. Let’s take a closer look! 

Income Mentor Box Day Trading Academy

The Income Mentor Box Day Trading Academy

Right now, we want to provide you with all of the most important details about the Income Mentor Box Day Trading Academy, so you can make your own choice about whether or not to join it.

What Exactly is it?

First off, the IMB Day Trading Academy is a world class Forex trading course. This is its primary goal, to teach everybody and anybody how to be a professional and profitable Forex trader. At this time, the IMB Academy is one of the world’s highest rated and most popular sources for a trading education.

Now, do keep in mind that the primary focus of this academy is to teach you everything there is to know about Forex trading. However, a lot of what you will learn here can also be applied to other markets, such as commodities, cryptocurrencies, and stock trading too.

Moreover, keep in mind that Income Mentor Box is a fully online course, which is nice because it means that you can do it all from your own home, or wherever you happen to be, as long as you have an internet connection. With the IMB Day Trading Academy, you can finally learn how to be profitable in the world of Forex.

Who is it for?

When it comes down to it, the Income Mentor Box Day Trading Academy is designed for beginner, for newbies who have very little or absolutely no prior experience with Forex or with trading in general. The point here is that the IMB curriculum is designed in such a way so you can learn from the bottom up.

Here, you will start off with the basic components and terminology involved in Forex trading, and then you will slowly move onto the more complex aspects.

However, this is done in a very organized and well structured way. Remember, this course is designed for beginners, so it is made to be as easy to grasp as possible, and a lot of this is thanks to the plethora of full length video tutorial lessons that you can follow along with.

Who’s the Mentor?

In terms of who the actual mentor behind the Income Mentor Box Day Trading Academy is, his name is Andrew A. Andrew is a long time trader, one who has been in the business for just about a decade now. Yes, Andrew’s forte is Forex no doubt, but he is just as knowledgeable in the stock market, with cryptocurrencies, commodities, and more.

Andrew doesn’t claim to be some sort of guru like so many of those phonies out there. However, through years of trading (and receiving a degree in economics and business), he learned everything there is to know. Moreover, he has made all of the mistakes, and he has learned from them, so you don’t have to. When it comes down to it, there is really nobody that we would rather learn Forex trading from than Andrew.

What’s the Curriculum Like?

Ok, so what you need to know here is that the IMB Day Trading Academy consists of a total of 5 modules. Each module contains about 11 full length lessons. In total, this course will provide you with over 55 full length and fully comprehensive lessons.

Each lesson takes the form of a video, and these can actually be quite long. Once again, it starts off with the easy stuff, and then slowly progresses to the more difficult aspects of trading. With the help of this curriculum, you will learn literally everything there is to know about Forex trading.

What is also important to note is that you can work through the materials on your own time. With a membership to the Income Mentor Box Day Trading Academy, you get full lifetime access to all course materials, so you can take however long you feel is necessary.

Income Mentor Box Day Trading Academy

How Much does it Cost?

What you might like about the Income Mentor Box Day Trading Academy is that it comes in at just $299. Now, this is a one time fee. You only pay $299, and there are absolutely no hidden or recurring fees of any sort.

Considering how valuable the content is, this is the best deal that you will get far and wide. Based on the quality of education that you get here, there is not a single Forex training course out there that can match this one dollar for dollar.

Some Great Reviews!

The other thing that we want to mention about the IMB Day Trading Academy is that it has hundreds of rave reviews online. The fact of the matter is that people seem to be extremely pleased with it!

Income Mentor Box Day Trading Academy Free Forex Signals

Perhaps one of the most important things to mention about the IMB Day Trading Academy, is that with your membership, you get free access to the IMB Forex signals group. This is totally free and it comes included with your membership. This is a group where you will get up to 20 super accurate free Forex signals per day.

All you have to do is copy the signals and paste them into your broker or trading platform, and then execute the trade. These signals are very accurate and end up being profitable up to 95% of the time. This is a super easy and surefire way to profit in the world of Forex, and you can do this before you even start the course itself.

Income Mentor Box Day Trading Academy

 

Income Mentor Box Day Trading Academy – Final Thoughts

The bottom line is that the IMB Day Trading Academy is the number one place to learn how to trade Forex like a pro. If you want to start making real money, we would definitely recommend checking it out.

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

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

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Learn Trading with Income Mentor Box

Learn Trading with Income Mentor Box

If you are an aspiring trader who needs to learn everything there is to know for success, Income Mentor Box is the place to be. This is one of the most reputable trading schools in the world, and it includes everything you need to become a pro. Let’s take a look at the Income Mentor Box Day Trading Academy to find out what it’s all about.

Income Mentor Box

A Fully Comprehensive Curriculum

One thing that needs to be said about the Income Mentor Box Day Trading Academy is that it features one of the most comprehensive curriculums that you could possibly learn from. In total, there are 5 modules, each of which have roughly 11 full length lessons, for a total of 55 lessons.

Make no mistake about it, because these are not some short 5 minute tutorial videos that provide you with some footnotes and key takeaways. No, these are full length lessons, with each of them lasting for up to 40 minutes.

Each Income Mentor Box Day Trading Academy lesson focuses on a very specific aspect of trading. It allows you to learn everything there is to know about a specific aspect, and then you can move onto the next lesson.

You will learn all about trading timing, the basics and fundamentals, terminology, entry and exit points, charts, graphs, oscillators, indicators, and everything in between. Simply put, if you are looking for a full scale education in trading, this is the place to be.

 

Income Mentor Box Has a Real Leader

The next thing worth mentioning about the Income Mentor Box Day Trading Academy is the fact that it has a real leader. Sure, there are many other Forex and stocks trading schools out there, but most of them use either paid actors to play the role of a teacher, or the teacher is just not that knowledgeable.

Well, this is not the case here, because the leader of Income Mentor Box, the man whom you will learn everything from, is named Andrew Arm. Andrew might not be into fast sportscars, and he may be relatively young.

However, even at his young age, he has been day trading for about a decade now, and he has seen great success. What’s more, he has made all of the mistakes that a newbie trader could possibly make. Therefore, he can teach you how to avoid those mistakes. We do really like Andrew, because although he is a true trading professional and expert, he is not some self-proclaimed guru. He’s a down to earth kind of guy that people really enjoy learning from.

 

It’s Easy to Understand

Another great aspect of the Income Mentor Box Day Trading Academy is the fact that it is designed specifically for beginners. It is made for people who have minimal or absolutely no prior trading experience.

This is important to note, because many trading courses are designed for people who already have a knowledge base. Well, courses like that are totally useless for newbies. If you have never traded or taken a trading course before, you need to start from the ground up, and you need the content to be easy to grasp.

This is exactly what the Income Mentor Box Day Trading Academy provides you with, easy to understand and simple to grasp information that even a 10 year old child could master. While this course will teach you everything you need to know to be a successful Forex and stocks trader, it is taught in a way that makes it both fun and easy to learn.

Income Mentor Box

 

You Can Take Your Time

Next, what many people really love about the IMB Day Trading Academy is how you can take your time to work through the course. This is unlike many other courses and schools out there which reduce your learning to a certain time limit.

Some may only provide you with access to their materials for a few months or even just a few weeks. This may be ok for people who are super quick on the uptake, but it’s a disaster for people who need to take their time.

Well, with Income Mentor Box, once you become a member, you will have unlimited and lifetime access to all course content. You can choose to take 2 weeks, 2 months, or even 2 years to work your way through it. It’s all about learning at the pace that suits you best.

 

Income Mentor Box is Reasonably Priced

Perhaps one of the most important aspects of the IMB Academy is the fact that you don’t have to pay an arm and a leg just to learn about day trading. There are trading courses out there that cost thousands of dollars, and they really don’t provide you with more useful info than Income Mentor Box.

The IMB Day Trading Academy costs only $299 to join. This is a much more reasonable and lower price than virtually any other Forex and stocks trading course out there. This is a day trading school that wants to help you learn how to trade, not to gouge you for every penny in your bank account.

 

You Get Free Forex Signals

Something else that you might really like about the IMB Day Trading Academy is how you get so much more than just an education. With IMB, you also get access to a great Forex signals service.

These Forex signals come complete with entry points, exit points, stop loss levels, and take profit levels too. All you have to do is take the signal as they appear and when they appear, and then copy and paste them into your broker or trading platform of choice. It’s a really easy way to make quick money in a reliable manner.

Income Mentor Box

 

Learning to Trade with Income Mentor Box

The bottom line is that the Income Mentor Box Day Trading Academy is by far the best place for aspiring traders to learn everything there is to know in order to be successful. Of course, IMB provides you with the knowledge and skills to trade Forex, stocks, and more, but the rest is up to you.

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

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Stop Loss Orders in Forex

Stop Loss Orders in Forex

The fact of the matter is that the Forex market can be very unpredictable, which is why stop loss orders are so important. A stop loss order is one of the primary tools which a trader has at his or her disposal in order to avoid large losses. Today we want to take a closer look at exactly what stop loss orders are, why they are important, and what the different types are.

What are Stop Loss Orders?

Stop losses are a special type of order which can be executed on trading platforms and via your brokers. This is an order designed to limit losses in the even that the market goes in the opposite direction of a trade that was placed.

SL orders are set at a specified amount of pips away from the starting price. For instance, you can set these orders so that if a trade moves 10 pips against you, the trade will close on its own and save the rest of your investment, thus limiting the amount of money lost.

So, in essence, if you place a buy order, but the price goes down, a stop loss order would prevent you from losing the full investment.

The fact of the matter is that markets, especially the Forex market, is very volatile and often unpredictable. No matter how much work and analysis you put into your trades, things can always go wrong, and this is where SL orders come into play.

Stop Loss

5 Forex Stop Loss Strategies to Know

Here we have 5 different stop loss strategies that you can employ in order to limit losses in the event that a trade goes south.

Using Static Stops

One way to set a stop loss is to set it at a static price point, which means that you set it at a certain point and do not expect to move or change it. This is a really simple way to set an SL and it allows traders to easily set a one to one risk to reward ratio.

In other words, if you want to keep your risk to reward ratio at 1 to 1, you can set your static stop loss at 50 pips below the entry price, while setting the take profit at 50 pips above the entry price. This is by far the simplest way to set an SL order.

Setting Static Stops with Indicators

This method of setting SL levels is much like the first one we just looked at. However, this one also involves the use of indicators. Some people use indicators such as the ATR (average true range) to do this. The big bonus here is that instead of setting an arbitrary SL, traders use actual technical market information to set the stop loss.

The bonus here is that traders can accurately analyze risk management options by using indicators such as pivot points and price swings and by using recent market information. Unlike simple static stop losses, here you actually use market information to make your decision more accurate, reliable, and less costly in the even that a trade goes south.

Using Manual Trailing Stops

For those Forex traders who want to exercise maximum control over their trades at all times while those trades are open, using manual trailing stop loss orders is a good way to go.

In other words, this type of SL involves a trader needing to pay close attention to open positions, because the trader will manually move the stop loss according to what is unfolding in front of him or her.

In essence, the further a trade moves in favor of your position, the further the SL order is moved to accommodate this. Then, when the market trend finally reverses, the position will be stopped out.

Stop Loss

Trailing Break Even Stops

This specific type of trailing stop loss is similar to the other one we just looked at, but it allows for even better money management and risk management. Once again, a trailing SL is where a trader can adjust the SL level as the trade moves in his or her favor.

This is of course an attempt to mitigate as much risk as possible in the event that the trader makes a wrong decision and the market moves against him or her. The point here, for example, is that if you set the stop order to 50 pips below the entry price, if the price moves up by 50 pips, you can then adjust the stop order, say by 50 pips.

Now, your SL order would actually be at your break even point, or in other words, at the entry price. This is why this type of SL is also referred to as a trailing break even stop loss, because at the end of the day, the aim is to set the SL at the entry price, so that if a trade goes south, no money will be lost.

The Fixed Trailing Stop

The fifth and final type of SL order that we want to talk about today is the fixed trailing stop order. This type of stop order is like the other types of trailing stops, with the difference being that the trader sets the increments in which the stop loss order adjusts.

In other words, instead of manually having to adjust the order every time the market moves in your favor, you can set your trade to automatically adjust by a set amount of pips when the market moves in your favor. These automatic adjustments will continue until the trade is closed or until the stop order is hit.

Stop Loss Orders – Final Thoughts

The bottom line is that when it comes to Forex trading, the stop loss order is indeed one of your best friends. You won’t always be able to place the right trade, and when the time comes, you will be thankful that you learned all about SL orders. They can end up saving you a whole lot of money!

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The 7 Basics of Forex Strategies

The 7 Basics of Forex Strategies

When it comes to the world of Forex, something you really cannot do without are trading strategies. Yes, Forex strategies are very diverse and there are plenty of them to go around, hundreds in fact. If you plan on actually making a profit in foreign currency exchange trading, you need to have a solid plan in mind.

In other words, you need to have a mastery of various Forex strategies in order to profit. Without the right knowledge, skills, and some solid strategies in your arsenal, chances are pretty big that you will not see success anytime soon. Yes, FX trading is much harder than the pros make it look. Now, today we do not want to focus on specific Forex strategies for profitable trading.

What we want to focus on here are the basic components and the fundamentals which go into creating and using Forex strategies the right way. Specifically, today we want to cover the 7 basic components that you need to prepare for in order to make your Forex strategies work for you.

Forex Strategies

The 7 Fundamentals of Forex Strategies

Alright, so as we mentioned above, there are 7 vital components to every Forex strategy. More than that, these 7 fundamentals are crucial to master and to keep in mind at all times when you are trading, and this is regardless of the specific strategy you plan on using. If you follow the 7 tips that we have outlined below, you should be able to make any and every Forex trading strategy work to your advantage.

Money Management

Perhaps the most important component that you need to factor into all of your Forex strategies for Trading is money management, which is another way of saying risk management. Of course, the risk of losing money is an inherent part of trading FX, as well as with stocks, commodities, and so much more. What you need to know here is that losing money is inevitable.

No, we don’t mean losing everything, but losing a trade here and there is going to happen no matter how well prepared you are. This is the nature of the game. However, it’s all about how well you manage your money and the risk of it all. In other words, never risk more money than you can afford to lose comfortably, so no using your rent or mortgage money to trade currencies! Don’t use it if you can’t afford to lose it.

Time Management

The next important component of Forex strategies for profitable trading is time management. No, of course, you cannot spend the live long day trading, especially if you have a day job. However, equally as important to know is that profitable traders do spend all day trading, with many being full time traders who make all of their money in the world of FX.

Now, if you have a day job, you will still need to dedicate at least a few hours per day to trading, at least if you plan on being successful. The reason why people who trade for only an hour each day usually are not successful is because they miss the best opportunities. Simply put, you always have to be on the lookout for the best opportunities by keeping an eye on the market whenever possible.

Starting Small

Something that you always need to do, particularly if you are newbie testing out new Forex strategies, is to start off small. By this, we meant that you should stick to the smallest lot sizes possible and never invest a large chunk of cash into any one trade. If you are not yet very experienced, risking so much money is not worth it, especially considering that due to your status as a newbie, things are likely to not go your way.

Therefore, it’s best to start small. Moreover, by starting small, we also mean that you should not place a very large number of trades per day. Just like with anything else out there, it’s all about quality, not quantity. Also, having too many trades open at once makes things hard to track. It’s best to practice with some Forex strategies and master them before you start trading high volumes.

https://www.youtube.com/watch?v=EATH1yqIZdk&t=532s

Being Consistent

The next important basic of Forex strategies, no matter which one you use, is that you need to be consistent with it. Now, this only applies if you are using a proven strategy that has shown results in the past, either for you or others.

However, the point here is that you need to keep things the same and constant. If it works, don’t fix it. You need to stick to your plan, especially if it is a good one. Don’t veer off course, don’t let your heart and your emotions tell you what to do, and don’t start changing things up if there is no need. Consistency is key.

It’s All About the Timing

Something else to keep in mind in terms of using various Forex strategies as a newbie is that timing is very important too. As a beginner, it’s best not to start trading right when the market opens up or right when you open up a chart.

As a newbie, you want to take your time, you need to evaluate the best course of action, and you need to strike while the iron is hot. That said, rushing into a trade too quickly is not a good idea. So, if you see a profitable opportunity, take it, but don’t execute lackluster trades just so you have made a trade.

Getting an Education

If you want to learn everything there is to know about Forex strategies, what they are, how to use them, and so much more, it’s best to get educated. FX trading is not something you can just do successfully without any training. It takes a lot of hard work and skill to get to a level where you are profiting on a consistent basis. Therefore, getting a solid Forex trading education is crucial.

Practicing with Demo Accounts

Finally, you do want to get some practice in. There are plenty of brokers and platforms out there that come with free demo accounts where you can trade using fake money. Before you start using new Forex strategies, test them out using such a demo account, just to make sure that you know what you are doing.

The Basics of Forex Strategies – Final Thoughts

There you have it folks, the 7 basics of Forex strategies for profitable trading. Now that you know what these fundamentals are, you can get to mastering some simple Forex trading strategies that will put money in your pocket!

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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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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.

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

Income Mentor Box Day Trading Academy Andrew’s Trading Channel

Forex Mistakes to be Avoided

Forex Mistakes to be Avoided

OFFICIAL SITE: INCOMEMENTORBOX.COM

Newbies often commit a lot of Forex mistakes in trading, mistakes that can easily be avoided with the right tips. If you want to make real profits in currency trading, these Forex mistakes must be avoided at all costs.

Forex Mistakes

Forex Mistakes: Inaction

One of the major Forex mistakes which newbies often make is that of inaction. Beginners will often be overly cautious and fearful of losing trades. Yes, of course it is reasonable to be fearful of losing money. That said, people, this is currency trading and losing the occasional trade cannot be avoided by any means.

You will have to deal with occasional losses. Therefore, one of the worst things you can do is to not take action when you see a position with a big potential to be ITM or in the money. Sitting on your hands and not trading when there is a good opportunity leads to missed opportunities and missed profits.

Impatience

When it comes to Forex mistakes, on the other end of the spectrum is impatience. No, sitting on your hands and letting opportunity after opportunity slip through your fingers is not good. However, on the opposite side of the coin, impatience is also a big time Forex mistake which all too many people make. Placing a trade just so you have placed a trade should not be done.

If you see a position that does not seem reliable, then don’t place a trade on it. There’s no point in placing bad trades just so you have traded. Wait for the opportune time and strike while the iron is hot. It’s all about finding the right time to execute a trade.

 

Trading Huge Positions

Yet another one of the biggest Forex mistakes which people make is to trade with massive positions. Now, this may be totally fine if you are a knowledgeable and experience trader who has a lot of money to spare.

However, if you are just starting out in the world of currency trading, you don’t have much experience, and your cashflow is limited, then trading large amounts and big lot sizes is not recommended. If you don’t have lots of skill, then you are more likely to lose trades, and the more trades you lose, the more money you will lose. Therefore, start off small and gain lots of practice, then as your skills improve, this is when you can increase lot sizes and trading amounts.

Forex Mistakes

 

No Discipline

In terms of Forex mistakes committed by newbie traders, not having any discipline is a big one. You cannot just trade blindly without a plan. You need to know what the best entry points are, where the best exit points are, and you need to set good stop loss levels and take profit levels too.

Moreover, you also need to have a good and time tested trading strategy, something that is proven to win trades. You cannot trade blindly or emotionally. You have to be rational, diligent, and your trading needs to be based on some sort of plan.

 

Forex Mistakes: A Lack of Knowledge

Yet another one of the biggest Forex mistakes which all too many people make is to trade without knowledge. Folks, currency trading is not easy, not in the least. If you have no idea what you are doing, then you are bound to lose money. That is just the way it is.

This is not like playing blackjack where a lot is left up to chance. Sure, currency trading is a bit of a risky gamble, but it’s a type of gambling that is predictable. With the right skills and knowledge in your arsenal, you can do a whole lot to mitigate risk and to win trades.

It’s all about being aware of the basics of FX trading, what the terms are, how indicators work, and all of that other fun stuff too. Trading Forex without a decent education is like trying to be an astronaut when you can’t even name the planets in our solar system.

 

Ignoring Stop Losses

Yes, there are lots of potential Forex mistakes out there, but one of the most severe ones is not paying attention to stop loss orders. Stop loss orders are of course designed to automatically close your trades the event that they are losing money.

It’s a good way to stop you from totally losing your full investment amount in a particular trade. However, many newbie traders think that it is OK to ignore stop loss orders and to keep trades open even when stop loss levels indicate that it’s time to cut losses. This is a bad idea. If a trade is going south, it’s always better to cut your losses and start fresh.

CLICK ON IMAGE TO GO TO ANDREW’S TRADING CHANNEL 

Andrew’s Trading Channel

 

Not Engaging in Risk Management

Folks, never trade with more money than you can afford to lose. In terms of Forex mistakes, it’s one of the biggest ones which people commit. People will often risk way more money than they can afford, which is of course a big problem.

Sure, if you win your trades and you get lucky, you can avoid going bust. However, remember that losses are a part of FX trading, a part that is inherent. You will lose trades every now and again. Even the best FX traders out there lose trades from time to time. If you risk way more cash than you can afford, and a trade is lost, it could take only a single trade totally wipe you out.

 

Forex Mistakes: Failing to Monitor Positions

The final of the big Forex mistakes you need to avoid is failing to monitor your trading positions. Never open trades and then just let them be. You need to keep an eye on trades. In the even that a trade starts hemorrhaging money, you need to be there to close it. Always keep your eye on all open positions.

 

Forex Mistakes to Avoid – Final Thoughts

Yes, these are the biggest Forex mistakes which you need to avoid committing. That said, there is nothing better than a comprehensive trading education, which is exactly what the Income Mentor Box Day Trading Academy has to offer.

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

Income Mentor Box Day Trading Academy Andrew’s Trading Channel

Forex Pro Island Q&A Session

Forex Pro Island Q&A Session

OFFICIAL WEBSITE: www.forexproisland.com

In case you have questions about the Forex Pro Island Automated Trading Bot, this Q&A session is here to answer them. For those of you who don’t know, this is a new trading bot for Forex, one that produces signals, places trades, and puts money in your pocket.

Yes, we know for a fact that this automated Forex trading software is legit, it’s the real deal, and yes, it actually works too. It has already managed to produce big time results for a whole lot of people. The fact of the matter is that the Forex Pro Island Bot takes the hard work out of trading FX. You simply have to install it, turn it on, and watch it generate profits for you.

That said, people do have questions about the brand new Forex Pro Island Bot, which is what this FAQ is all about. It’s fair that people have questions and are weary, because after all, there are plenty of scams out there and even more trading systems that simply don’t deliver. We are here to answer your most pressing questions and to put your fears to rest.

Forex Pro Island Bot

What Does Forex Pro Island Software Do?

This particular piece of software is designed to provide you with accurate and real time FX trading signals. It also does more than that, because all FX signals come complete with entry prices, stop loss, and take profit. Even better is how this software also executes the trades on your behalf. In other words, this is fully automated Forex trading software that does all of the hard work and heavy lifting for you.

https://www.youtube.com/watch?v=OWojdx49lVk

Who Created The Forex Pro Island Trading Bot?

The genius behind this piece of automated trading software is Andrew A. You probably know Andrew because he is the creator of the highly trusted and esteemed Income Mentor Box Day Trading Academy, the best place to learn how to day trade. You may also know Andrew from the variety of YouTube and Telegram day trading channels which he runs. Simply put, Andrew is a real person, a legit day trader, and a great teacher too. Seeing as a trustworthy person is behind the Forex Pro Island app, we can trust the app to do its job.

Forex Pro Island Bot

What Can I Trade With Forex Pro Island Trading Software?

As you might be able to tell from the name of the app, this particular piece of trading software is made to trade FX exclusively. No, it won’t trade stocks, crypto, or anything else like that for you. However, we do know that this app trades Forex very well, and we would rather use software that trades one thing very well than use an app that trades many different markets with bad results.

https://www.youtube.com/watch?v=4Ibx7kJD4sY

Where Do I Use The Forex Pro Island Trading Bot?

Just so you know, this piece of automated trading software is designed to work exclusively on the MT4 trading platform. The MetaTrader 4 platform is the most highly trusted in the world. All you have to do is download FX Pro Island, install it on MT4, open it up, turn it on, and watch the profits roll in.

Forex Pro Island Bot

How Do I Get The Forex Pro Island Automated Bot?

To get access to this automated Forex trading bot, first follow the links which we have provided here today. Once you are on the official site, follow the sign up instructions. You will have to enter your name and some personal details. Be sure to enter real information, because if you try to enter fake info, it won’t work. Once you have paid the small fee and entered your info, you can then download the bot. Once downloaded, just follow the easy setup instructions, and then you can start trading for profit.

https://www.youtube.com/watch?v=1Cc-9g9Rsfw

How Do I Use The Forex Pro Island Automated Trading Bot?

Simply put, you really do not have to do anything at all to make money. Here, once you have the bot downloaded and installed on the MT4 platform, you just have to turn it on. It does all of the analysis for you, it generates the signals, and then automatically executes the trades on your behalf. You don’t have to waste time trading and you really don’t have to know a single thing about FX to make money. The Forex Pro Island Automated Bot does all of the hard work for you.

When Do I Use The Forex Pro Island MT4 Trading Bot?

As Andrew explains in one of his introductory videos, there is a right time and a wrong time to use this automated FX bot. If you use this bot during the wrong time of the day or wrong time of the week, it won’t perform nearly as well as it otherwise would. For one, avoid using this bot during holiday times. Mondays and Fridays should be avoided too.

The 3 best week days to use this software are Tuesday, Wednesday, and Thursday. Moreover, to make the most out of this software, stick to trading between 9 AM and 7 PM GMT. If you don’t live in the GMT time zone, you will need to make the appropriate adjustments to get the correct trading window.

Forex Pro Island Bot

What Is The Expected ITM Rate With The Forex Pro Island App?

With the Forex Pro Island Automated Trading System, expect to win around 74% of the trades it places. In case you don’t know, that is a very high win rate that will lead to plenty of profits.

https://www.youtube.com/watch?v=v2GMp3CEpFQ

Forex Pro Island Q&A – Final Thoughts

When all has been said and done, the fact of the matter remains the same, the Forex Pro Island Bot is the best way for newbies and pros alike to trade Forex. It produces very accurate, reliable, and profitable FX signals, and it executes the trades on your behalf too.

Use the bot at the right times to increase your chances of making big time profits. In case you are sick and tired of losing trades and hemorrhaging money, the Forex Pro Island Automated Trading Bot is the next logical step on your journey to success.

Forex Pro Island Signup