Notes About Improving Your Trading Results

Notes About Improving Your Trading Results

Today we are going to provide you with the most important notes to help improve your trading results. Let’s get right to it and help you win some trades.

Trading Results

Even Pros Struggled in the Beginning

One of the things that you need to keep in mind as a beginner trader is the fact that you are going to suffer losses, especially in the beginning. The process of improving your trading results is a long and hard journey. Now, we are not saying that you might lose a trade every now and again.

Actually, what we are saying is that in the beginning, you’re very likely to suffer heavy and consistent losses. The simple reality is that as a beginner trader, you are going to make lots of mistakes that will lead to big losses. In case this hasn’t happened to you yet, don’t lose faith, because you will end up losing a whole lot of trades in the beginning.

That said if so many people suffered heavy and consistent losses in the beginning, then how do they become profitable traders? How do you go from losing so many traits to being a great trader without giving up in the meantime?

Well, one of the things that many people do to improve their trading results is to start by demo trading. You can use demo trading accounts to trade in real live market conditions without actually risking real money. This will allow you to practice your trading skills until you feel confident enough to start using real money.

However, just be weary of demo accounts because they don’t come with any risk. Many newbie traders looking to improve their trading results will trade irrationally and take on way too much risk in demo accounts. This doesn’t properly prepare them for real live trading with real money. Get away from those demo accounts once you feel confident enough to start trading with real money.

The trick here is that even if you just have $1000, you want to treat it as though it was a much larger sum, as if though it were $100,000. You will improve your trading results via practice, and as you go, you can add more money to your account.

The fact of the matter here is that risk management is very important, so you don’t want to invest too much money for trade. If you treat your trading account like a business, then it’s going to reduce your risk of suffering from heavy losses. Just don’t lose faith if you suffer from consistent losses because you will be able to improve your training results and things will get better.

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Best Forex Signals for Trading Results

Know Everything About a Trade Before You Place it

In terms of improving your trading results, there are three things that you should always know before you enter a trade. You want to know how to exit a trade when you were wrong about it. You also need to know how to exit a trade when you were right. Moreover, you need to know what your trading criteria are, and when to enter a trade when those criteria are met.

If you have answers to all three of those questions, then improving your failing results should not be a problem period however, if you don’t know the answers to all three of those questions, then you’re going to be in some pretty big trouble. These are not questions that you want to be in the process of answering as you are in the middle of trades.

The simple reality is that beginner traders often know when to enter a trade, but not when to exit it. For this reason, many traders become investors, because they don’t have to exit trades. The bottom line here is that you need to know what your criteria to enter trades are, and you need to know how to exit them, both when you are wrong and when you are right.

In order to get good at entering and exiting trades, so you can improve your trading results, we definitely recommend doing some comprehensive research on proven trading strategies. Moreover, to improve your trading results, having an actual education for trading is ideal. With a good trading education, you can learn about the best trading strategies out there, and this will help improve your trading results.

Manage Your Trades & Your Trading Account

In order to improve your trading results, yes, managing your trades is important, but that’s not the only thing you need to manage. You also need to manage your trading account. Money management and managing a trading account is one of the most important aspects that will lead you to improving your trading results.

Moreover exactly how you manage your account and your money really depends on your exact circumstances. Things often change, and you therefore need to be able to adapt and improvise. Of course, managing your risk levels when you only have $100 to spare is much different than when you have $10,000 to spare. What you need to know here to improve your trading results is that there are three main ways to help manage your trading account and your risk levels.

  1. As a rule of thumb, you never want to risk more than 1% of your trading capital on a single trade. Remember that you do need to adapt. If you are doing really well, but you can risk as much as 3% of your trading capital onto single trade. However if you are not doing well, then only risk is 0.5% of your capital on a trade.

  1. You also want to pay attention to how many trades you have open at once. Improving your trading results is not easily done when you have too much to keep track of. If you are doing day trading, which means that you have to pay close attention to your trades, having more than three or five trades open at once is not going to be easy. However, if your trades are very long term and will be open for weeks or even months, then you can have 15 or 20 open at the same time.

  1. The other thing to keep in mind here is that when you have a drawdown of over 40%, that you do want to take a step back and assess the situation. If you lose more than 40% of your overall trading capital due to heavy and consistent losses, you need to stop trading totally, take a step back and reevaluate your trading strategies.

Improving Your Trading Results – Final Thoughts

The final thing to take note of here in terms of improving your trading results is the fact that if you have lasted for a full year, then you are successful period now, this is true whether you have been winning consistently or suffering from losses.

The fact of the matter is that if you have not lost all of your trading capital yet, and you are still going strong, and even if you have been suffering losses, you can still be considered successful.

The reality here is that most traders fail in the first few months and give up delete. Within post therefore, if you had not totally given up and you still have money left after a year of trading, it is a sign that you are doing something right. If you have not given up after a year of trading, then you are on your way to success.

The other thought that we want to leave you with today is the fact that having a vivid trading education is essential. Simply put, improving your trading results is much easier when you actually know all about trading strategies, indicators, and much more.

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For more trading tips, strategies, methods, and everything in between, check out Andrew’s Trading Channel. Here you will find the world’s best stock market trading school, a trusted day trading school, state of the art indicators and trading tools, Forex and crypto signals groups, and more! 

My Journey to Being a Winning Trader

My Journey to Being a Winning Trader

Hey all, my name’s Scott Daniels, and I am now a fulltime professional trader, a winning trader who makes enough money in about 30 hours of trading per week to support myself, my family of four, and a few dogs too.

However, I wasn’t always a winning trader, and in fact, I’ve only been seeing such a great degree of success for the past few months. The fact of the matter is that once I had some solid training and trading education under my belt, I was well on my way to a happy and well balance life. When it comes down to it, I’ve got the Income Mentor Box Day Trading Academy to thank for this.

However, before I start talking about what Income Mentor Box was able to do for me, let me start at the beginning. This is the story of how I went from being an unhappy chef, working long hours for little pay, to being a winning trader that can easily support a whole family and who has plenty of free time to spend with that family.

Hey All, I’m Scott Daniels 

Life Before Being a Winning Trader

If there is one thing that is for certain, it’s that I was not at all happy with where I was at in life before becoming a winning trader. It’s pretty funny to say that, seeing as I was actually an executive chef at a five star restaurant. By all means, when compared to most other working folk out there, I had it alright.

I was earning a decent paycheck no doubt, but that said, I was working over 80 hours per week, sometimes over 90 hours per week, slaving away in a boiling hot kitchen, and cooking food for ungrateful people. It certainly was not ideal, especially seeing as I never got to see my family or spend time with my family.

For all of these reasons, I decided that I wanted something bigger and better. I had seen many people on YouTube and online, so called professional traders who were making thousands of dollars with ease, doing nothing but sitting in front of their computer and trading currencies. This definitely sounded like a fantastic way of life to me.

So, I figured, what the heck, and I started trading. Well, I invested $3,000 initially, and who would have guessed, I lost it all, every last penny.

As it seems, starting trading isn’t something you just do with no prior experience or training. Apparently, trying to trade without knowing how to do so is nothing more than a recipe for failure. For this reason, I decided to take an online trading course, which mind you, wasn’t particularly cheap.

Winning Trader

 

My First Attempt at Learning to Trade

So, I decided to take some random online trading course that promised that I would become a winning trader in just a couple of weeks. This course cost me upwards of $1,000, and as I quickly figured out, it was not a good course. It consisted of just 20 lessons, and they honestly were not very detailed or helpful.

The teacher sounded like a monotonous robot reading a script. He didn’t give a darn if we actually learned anything. This trading course wasn’t about helping us, the students, make money, but rather about sucking us dry of our money. It was really just a scam designed to take my money. The lessons were more or less incomplete, the teacher was terrible, and there was no way to communicate with him or to ask questions.

As I quickly figured out, both from this and from asking around, many online trading courses are like this. I even tried using the “skills” (skills being a word I use very loosely here), to place some trades. Yeah, so, I won 2 out of 30 trades I placed. As you could Imagine, I was not happy. I used every tool and skill this course provided me with, which is obviously not much at all, and it just made me lose more money.

Well, at this point I was totally disillusioned with the whole trading thing, and just wanted to call it quits. However, I still wanted to make a better living, and I still wanted to spend more time with my family, so I searched around one last time to see if I could find a decent trading course that could indeed turn me into a winning trader, and this is when I came across Income Mentor Box.

 

Becoming a Winning Trader with Income Mentor Box

When I first saw Income Mentor Box, I figured that it was just another money grab like the other courses I had seen. However, from the hundreds of positive reviews and testimonials I read, it definitely seemed like the real deal. So, I figured what the heck, let’s give it one last shot, and boy am I ever happy that I did.

Folks, it’s no joke when I say that this trading course, Income Mentor Box, is legit, the real deal no doubt. I was pleasantly surprised by the fact that the curriculum consisted of well over 50 full length, comprehensive, and easy to follow training tutorials. These lessons were very well organized and structured.

Winning Trader

They actually started off with the simple basics, and then slowly moved along to the more complex stuff. Not only were the lessons designed in such an order to allow me to build upon each one in a consecutive manner, but the lessons themselves were also very easy to follow along with. Andrew has this way of explaining everything with his words, and then using live trading examples, to make all of these super difficult trading concepts easy to understand.

Now, I was never one to say that learning can be fun, but in this case, I got as close to having fun learning as I ever have. The most fun part of all was being able to put these skills to use. What I also have to say about Andrew is that he is very approachable, by which I mean that I was always able to contact him to ask questions when I didn’t understand something, and he always gave me detailed and helpful responses.

Now, while $299 seemed like a lot of money to spend at the time, it was still a fraction of the cost as other trading classes, and it provided me with way more value.  For under $300, I was provided with all of the tools and skills I needed to become a winning trader, and it was all taught to me by a friendly, approachable, and ready to help teacher.

Winning Trader

 

My Life Today

Now it’s been just about a full year since I completed the IMB trading course, which mind you, took me a couple of months, and I am now indeed a winning trader. Keep in mind that when you join Income Mentor Box, you can take as long as you like to work your way through the course. I did have some trouble points, and some of the lessons were more difficult than others. I actually watched some of the lessons up to three or four times.

The fact that IMB provides full and unlimited access to all course content for the rest of your life is a big deal no doubt. Sure, I was told that some people take a couple of weeks, but I took a couple of months, and that’s just fine.

Anyway, now that I’m done the course, I’m winning anywhere from 70% to 90% of the trades that I place, which is of course great. Thanks to Income Mentor Box, I was able to quit my job as a chef. I can now spend as much time with my family as I want, while also making a lot more money than before.

I make more money now trading 30 hours per week than I did cooking 90 hours per week, way, way more money. I don’t regret joining Income Mentor Box for a single second, as it provided me with the tools and skills I need to be a winning trader, to be happy and successful, and to spend more time with my loving family.

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

Best Forex Signals for Easy Profits

Best Forex Signals for Easy Profits

Trading forex is not easy in the least. It takes a whole lot of skill, knowledge, and practice in order to be able to trade forex profitably. Now, with that being said, there are some tools that can help make your life as a forex trader much easier. One of these tools is a Forex signals service. For those of you who don’t know what a forex signal services, no worries because we will explain this in great detail below.

The bottom line here is that if you are still in the process of learning how to trade forex, but you want to make profits while doing so, then a good forex signals group is what you need. Generally speaking, these signals group allow you to simply copy and paste profitable trades into your trading platform of choice and watch as the profits accumulate.

With that being said you do need to find the right signals group in order to actually profit, because not all of them actually work. Many of these so-called profitable signals groups are actually dressed scams that don’t provide you with any useful information and it will just lead to you losing trades. So, what we want to do today is to take a closer look at the best forex signals group around. However, it doesn’t end there, because we will also be talking about where you can find the best cryptocurrency signals and more.

Best Forex Signals with Income Mentor Box

The first thing that we want to take a look at is the Income Mentor Box Forex singles group period now, for those of you who don’t know, Income Mentor Boxes at this time one of the highest rated day trading academies in the world. This is the best place to be if you want to learn how to trade forex and the stock market period now, it does focus mostly on forex trading, but there are also some very valuable stock market trading tips as well.

If you want to learn how to trade forex from the ground up, and you need a good foundation of knowledge that you can then build upon even further, then Income Mentor Box is definitely one of the best places that you can be. However, the education provided by this service is not really what we are here to talk about today.

Best Forex Signals

What we are here to talk about is the Income Mentor Box forex signals group. Here you will find the best forex signals around, which in this case are ideas or tips that come from expert traders and expert analytical programs. In other words, you are provided with all of the information that you need to place profitable forex trades.

Best Forex Signals

All of the signals that come your way come complete with both entry points and exit points. this means that you literally just have to copy and paste the signal that you received in your broker or trading platform of choice and watch as the profits accumulate. This definitely helps make life a whole lot easier because all of the signals are well analyzed and researched, so there is no heavy lifting or hard work to be done on your end. It’s literally just a copy and paste job.

In case you are wondering, here you will get up to a dozen high-quality signals per day. Keep in mind that these forex signals are accurate well over 90% of the time period this means that you can win 9 out of every 10 trades placed with them, and this of course means that you will make profits on a daily basis. With a 90% accuracy rate, not making profits is nearly impossible.  

Do also keep in mind that joining the Income Mentor Box day trading Academy usually costs $299 comma and yes comma this does include the forest signal service for free period. However, thanks to the Income Mentor Box Black Friday sale, the cost of joining this Academy and getting the forex signal service for free is now just under $150.

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

 

Best Crypto Signals with Crypto Mentor Box

OK, so I may focus up today what’s the forex signals group from Income Mentor Box. However, if you happen to want to trade cryptocurrencies in the same way, then there is a great cryptocurrency signal service out there too. It comes from the same people, and it is called Crypto Mentor Box.

Crypto Trading Box

Crypto Mentor Box is at this time one of the highest rated cryptocurrency signals group out there. Just like with the above signals group that we talked about, this one also provides you with up to 12 high quality cryptocurrency singles per day, ones that are accurate up to 95% of the time. With a 95% accuracy rate, not making profits is once again, nearly impossible.

All of the signals come completely analyzed and research for you, and they come complete with all of the information that you need to simply copy and paste them into your broker or trading platform of choice. The signals come complete with entry points and exit points, so there is absolutely no hard work or guessing that you need to do.

It’s a really easy way to make money trading cryptocurrencies period now, let’s keep in mind that Crypto Mentor Box usually cost $299, but thanks to the Black Friday sale, it is now just $150 for a limited amount of time period as a bonus, also keep in mind that Crypto Mentor Box comes complete with a basic education for cryptocurrency traders. It will teach you all the basics that you need to know in order to trade cryptocurrencies profitably.

CLICK BELOW: GET YOUR CRYPTO TRADING BOX SIGNALS TODAY!

 

Best Stock Signals with UPSI

If what you are looking for is a great indicator that can provide you a profitable buy and sell signals for the stock market, Forex, and all other markets, then what you should check out is the UPSI or ultimate profit scalping indicator.

UPSI

This is a super profitable and easy to use indicator that can provide you with extremely profitable signals when it is attached to the appropriate chart in your trading platform.

Signals

It’s not exactly a signal service, but it is one of the best indicators out there. This indicator usually comes included with Stock Trading Mentor Box, one of the best stock market trading schools in the world, and if you are looking for both a good indicator and a stock market trading education, then we definitely recommend joining.

Do keep in mind that currently the price of Stock Trading Mentor Box and the UPSI is just under $200, which is the sale price for black Friday, but the usual price is $399. That being said, you can get the UPSI alone for just $149.50 at this time, which is the Black Friday sale price, marked down from $299.

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Stock Trading Mentor Box Direct Link

Best Forex Signals Group & More – Final Thoughts

Without a shadow of a doubt, the best Forex signals group around is the IMB signals group, and if you’re looking for the best crypto signals, they can be found and Crypto Mentor Box. Whether you need the best Forex signals, crypto signals, or just a really good indicator for short term profits, you now have all of the resources you need at your disposal to realize this dream.

Mentor Box 50% Off Black Friday Sale

Mentor Box 50% Off Black Friday Sale

BLACK FRIDAY SALE LINK: CLICK HERE

Yes folks, it’s that time of year again, Black Friday. Well, the big bulk retailers any online stores aren’t the only people having a Black Friday sale. Mentor Box, the source for all of your best trading educational needs, is currently also having a Black Friday sale.

Mentor box includes a lineup of awesome trading schools that will teach you how to be a professional and profitable trader period now, these usually cost a decent amount of money, although they are not overly expensive to begin with. With that being said, with this Black Friday sale, everything is now 50% off.

Folks, that is right, this Black Friday sale means that all mentor box products are 50% off. Of course, this sale is not going to last forever, so you need to take advantage of it while it lasts. Let’s take a closer look at exactly what you get for 50% off and what it all entails. There are four specific things that you now have the ability to buy for 50% off for a very limited time.

Black Friday Sale Mentor Box

Black Friday Sale at Income Mentor Box

The Income Mentor Box Day Trading Academy is regarded as being one of the best day trading schools in the world. This day trading school focuses mainly on forex trading, but will also teach you some valuable stock market trading techniques as well.

This course consists of well over 50 full length lessons, and they all consist of in depth video tutorials led by none other than Andrew himself.

Black Friday Sale

Between the 50 full length lessons and the various other resources at your disposal, this Income Mentor Box Day Trading Academy will teach you how to become a proficient and profitable trader. Let’s not forget that it also comes complete with a highly accurate forex signals group, one that provides you with up to a dozen forex signals per day, ones that are accurate up to 95% of the time.

Income Mentor Box

Lifetime access to income mentor box usually costs $299. However, with this 50% off Black Friday sale, you are looking at just over $149. People, being able to get a fully comprehensive forex education for under $150 is an extremely good deal.

 

Black Friday Sale at Stock Trading Mentor Box

The next thing that we want to talk about in terms of this 50% off Black Friday sale is Stock Trading Mentor Box. This is at this time rated as being one of the best stock market trading schools in the world. Just like with the above trading school, this one also consists of over 50 full length lessons that are lead by none other than Andrew himself.

Andrew is of course a fantastic trader, and he makes for an even better teacher too. He has the skills and the patience to teach even the grief of newbies exactly how to trade the stock market. Within this course, you will learn literally everything that you need to know about the stock market in order to be a proficient and profitable trader for the rest of your life.

Black Friday Sale

In terms of educational content, this is one of the most comprehensive stock market trading schools in the world. Let’s not forget that stock trading mentor box also comes with a free trading indicator included, one that is called the ultimate profit scalping indicator.

Now, usually, this stock trading mentor box school would cost $399. However, with this 50% off Black Friday sale, you are looking at a price of just under $200. Once again, being able to learn how to be a proficient stock market trader for under $200 is an absolutely fantastic deal.

Stock Trading Mentor Box

 

Black Friday Sale at Crypto Mentor Box

This Black Friday sale also applies to Crypto Mentor Box, which is one of the best cryptocurrency signals group in the world. This signal group will provide you with up to a dozen cryptocurrency signals for day, and they are accurate up to 95% of the time. For those of you who don’t know, as signals group provides you with all of the information you need to place profitable trades without actually having to do any research or heavy lifting whatsoever.

Black Friday Sale

All of the signals come complete with entry points and exit points, so all you have to do is copy and paste the trades into your trading platform or broker of choice, and watch as the profits roll in. Let’s not forget that Crypto Mentor Box also comes with a basic crypto currency trading course. Therefore, you can learn how to trade crypto currencies as you copy and paste profitable trades.

Usually, this crypto meant for box singles group would cost $299, but with this 50% off Black Friday sale, you are looking at the price of just over $149. People you can make back that $149 in a single day of trading with these awesome signals.

Black Friday Sale

 

Ultimate Profit Scalping Indicator 50% OFF

The other awesome trading resource that you can benefit from is called the Ultimate Profit Scalping Indicator. Yes, this indicator does come included with Stock Trading Mentor Box, but you can also buy this Ultimate Profit Scalping Indicator separately.

Black Friday Sale

Usually, this Ultimate Profit Scalping Indicator will cost you $299, but with his 50% off Black Friday sale, it will cost you only $149.50. In terms of useful indicators that can provide you with accurate buy and sell signals that you can then place trades on, is UPSI is hands down one of the best. What is the most accurate trading resources out there that can help put money in your pockets on a regular basis.

 

50% OFF EVERYTHING!

Folks, whether you want to learn to trade forex, the stock market, cryptocurrencies, or you just need an awesome profit scalping indicator, or even just a cryptocurrency signals group too, then now is the time to take advantage of the 50% off Black Friday sale.

These rock bottom prices will allow you to become a profitable trader without having to spend barely any money at all. Being able to receive a full time stock trading or forex trading education for well under $200 is nothing to turn your nose up at. This Black Friday sale is the best deal that you are ever going to get in this regard.

CLICK ON IMAGE BELOW TO TAKE ADVANTAGE OF THE 50% OFF BLACK FRIDAY SALE AT MENTOR BOX TRADING. 

Profitable Forex Scalping on Your Phone

Profitable Forex Scalping on Your Phone

If you plan on being a profitable trader, and one of the things that you absolutely need to learn all about is forex scalping. Moreover, today we are here not only to talk about forex scalping, but also about one of the best scalping strategies out there, mainly one that involves Fibonacci retracements.

Today we’re going to teach you one of Andrew’s best trading strategies, a profitable forex scalping strategy that you can execute on your mobile device. With this particular forex scalping strategy, you can make well over $300 per day using nothing but your mobile phone.

forex scalping - fibonacci

What is Forex Scalping

Before we can get into talking about Andrews best forex scalping strategy using Fibonacci retracements, it’s probably a good idea for us to explain to you exactly what forex scalping is. For those of you who don’t know what forex scalping is, this is a very specific type of trading that involves utilizing very short term trades in order to collect profits from the market.

When it comes to Forex scalping, traders will open positions in the markets and then close those positions within a very short amount of time, often within just mere minutes, or sometimes within mere seconds. The goal of forex scalping is to generate very small profits, but to generate a whole lot of them on a daily basis, with the main goal of minimizing risk while maximizing profitability.

Moreover, keep in mind that forex scalping is a type of day trading or intraday trading, as the trades never last more than a full day, and realistically, they don’t even last for a full hour. It’s all about generating lots of small profits over the course of a comma with the end goal being to accumulate a substantial profit at the end of every day.

forex scalping

 

Pros & Cons of Forex Scalping

Just as is the case with any trading strategy out there, forex scalping does have both its advantages and disadvantages, so let’s take a look at exactly what these are right now.

Pros

  • One big advantage that you get with Forex scalping is that you can bring in regular profits on a daily basis, unlike other strategies where it can take days or even weeks before you make a profit.
  • Another thing that is really beneficial about this type of trading is that you benefit from having a very low risk level per trade. this is because each trade features only a very small position in relation to the overall size of the total trading account. It’s all about only risking very small amounts of money.
  • What’s also nice about this type of trading is that it really doesn’t take much market movement in order for you to make a profit. You only need the markets move a couple of pips in order to make a profit.

Cons

  • One of the major drawbacks with this type of trading is that it can be very difficult to predict what the market will do on a minute to minute basis, which is of course necessary when it comes to super short term forex scalping. However, this is where Andrews Fibonacci retracement forex scalping strategy comes into play.
  • The other slight disadvantage that you get with this type of trading is that you have to be an extremely consistent winner in order to make profits. When trades are this small, your winter loss ratio must be excellent.

Andrew’s Profitable Forex Scalping Strategy for Mobile Devices

OK, so we honestly don’t want to get too deep into explaining this video using our words, because it is a somewhat complicated strategy to utilize, and therefore, it is best for you to learn it by actually watching the video itself.

Have you will see from the video Andrew uses a series of techniques that involved using Fibonacci retracements in order to find the best entry points into trades for forex scalping. For those of you who don’t know what fibonacci retracements are, is a method of technical analysis that helps to determine support and resistance levels. It’s named after the Fibonacci sequence of numbers, whose ratios provide price levels to which markets tend to retrace after a portion of a move, before that same trend will continue in its original direction.

We would usually provide you with step-by-step instructions on exactly how to utilize the strategies that Andrew discusses in his videos, but this one is slightly complicated, and you would benefit the most from actually just watching the whole video, because Andrew does everything live on screen. However, as you will be able to see from the video, Andrew is able to engage in Forex trading in a very reliable and accurate way, and it’s all thanks to these Fibonacci retracements.

Remember folks, this particular strategy that involves using support and resistance levels is designed to provide you with the maximum level of reliability, or in other words it’s designed to help minimize the level of risk that you have to engage in one trading.

As you can see from the video, as long as you follow all of the tips that Andrew provides you with, and as long as you follow his strategy very closely, it is more than possible to make $300 per day, or even more, using nothing but your mobile phone, a trading system, and some Fibonacci retracements. When it comes to beginner friendly forest scalping strategies that are easy to master, this is definitely one of the best ones out there. It’s safe, reliable, accurate, and profitable too.

 

VISIT ANDREW’S TRADING CHANNEL

Easy Forex Scalping on Your Phone – Conclusion

If you plan on becoming a profitable forex trader, and you are just a beginner who wants to minimize your level of risk, then this particular forex scalping strategy that involves Fibonacci retracement, is definitely a good way to go with.

That being said, Andrew has plenty of trading videos and guides located on his YouTube channel, and if you are looking for some of the best trading strategies out there, besides this one, then we definitely recommend checking out this channel.

If you need help day trading, and what you need is a comprehensive education, particularly on Forex trading, then the best place to be is the Income Mentor Box Day Trading Academy. At this time, the IMB Academy is the most comprehensive, user friendly, effective, and affordable Forex trading school out there.  

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

Learning with Andrew’s Trading Channel

Learning with Andrew’s Trading Channel

If you are somebody who wants to learn how to trade profitably, but just don’t know where to get started, you should check out Andrew’s Trading Channel. At this time, if you are looking for a free resource that provides you with all of the most important trading tips, updates, rules, and strategies around, then this is indeed the place to be.

Now, this Andrew’s Trading Channel is on YouTube, so it is of course cost free, a big bonus for anyone who is getting into trading, but has very limited capital.

Moreover, this channel is also designed to provide newbies with easy to understand and actionable information that you can use to start making money right away. Today, we want to take a closer look at Andrew’s Trading Channel, some of the most popular guides, and Andrew himself too.

Andrew’s Trading Channel

What is Andrew’s Trading Channel & Who is it for?

So, for those of you who don’t know, Andrew’s Trading Channel is a channel that is on YouTube, an educational channel designed to help teach newbies how to trade. This particular channel is filled with a variety of trading guides, new trading strategies, reviews of the best trading platforms, indicators, and brokers, and economic and market news updates too.

What also needs to be said is that this channel does not just focus on one specific type of trading. Here you can learn all about Forex, cryptocurrencies, stocks, commodities, and more. Of course, this channel can be accessed by anybody from anywhere, and it is totally free too.

Moreover, do keep in mind that while Andrew’s Trading Channel is primarily designed to teach newbies how to trade, there are always new market and trading developments. Trading always evolves, and Andrew always stays ahead of the game, so he can teach you the newest and best trading techniques and strategies from around the world.

 

Who is Andrew?

Just in case you don’t know who Andrew is, he is a professional trader that has been in the business for well over a decade. He makes a full time living trading and he doesn’t trade full time. The fact of the matter is that Andrew is indeed one of the best Forex cryptocurrency and stock market traders out there.

Andrew's Trading Channel

You might actually also know Andrew from the Income Mentor Box Day Trading Academy, as well as from Stock Trading Mentor Box a stock market trading school. You might know Andrew from his various social media profiles as well.

Andrew’s Trading Channel

Now what we do want to say about Andrew is that not only is he an amazing trader, but an even better teacher. He has this way of conveying these difficult market concepts to new easy in ways that are very easy to understand. Just check out some of his videos and you will see exactly what we mean.

Income Mentor Box

What you do need to know about Andrew’s trading channel is the fact that it does of course not provide you with a full scale trading education that starts with a solid foundation. Andrew’s trading channel. While it is awesome if you need some free education, it is an assortment of barely random trading strategies, tips, news and more.

If you want a fully comprehensive day trading education that starts from the ground up and will provide you with all of the information that you need to know in order to be a successful trader, then you do want to check out the Income Mentor Box Day Trading Academy.

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

Most Popular Videos on Andrew’s Trading Channel

What we want to do right now is to take a look at the newest and most popular trading guides for newbies that are featured on Andrew’s Trading Channel.

Making $10,000 Trading Gold

In this particular video, Andrew demonstrates how you can make over 9,000 Euros, or somewhere over $10,000, in a single day of trading. Here, Andrew will teach you how to trade gold for profit, or to be specific, how to trade gold against the Euro, and how to trade gold against the United States Dollar. When it comes down to it, it’s actually quite an easy trading strategy that most people should be able to master in just a few days. If you follow along with this video on Andrew’s Trading Channel, you should have no problems making substantial profits for yourself.

Keys to Day Trading Success

Whereas the first video we just talked about was a full scale trading strategy designed specifically to trade gold. This particular video is all about what you need to know as a newbie in order to be a successful day trader. The simple fact is that day trading is not all that easy and it takes a whole lot of skill. However, with the seven different tips that Andrew provides you with in this particular video, you can be successful as long as you follow the tips that Andrew provides you with here and you avoid making the errors that Andrew discusses, then you should have no problems making consistent profits on a daily basis.

Best One Minute Forex Trading Strategy

OK, if you would like to trade foreign currencies for profits but you just don’t have very much time to spare on a daily basis, then this particular video that outlines the best Forex trading strategy that only takes one minute to execute is definitely something that you should check out. The fact of the matter is that Andrew is able to make a whole lot of money in just one minute with this specific strategy, and if you follow along and do exactly as Andrew does, there is no reason why you cannot do the same.

Triumph Scalper Trading Results

In case you would like to put to use some Forex trading software that will provide you with accurate buy and sell signals and more or less hold your hand throughout the entire trading process, thus allowing you to make easy and consistent profits without actually knowing the first thing about Forex trading, then you might want to check out this video about the Triumph scalper trading system. As you will see from this video on Andrews trading channel, the Triumph scalper is extremely profitable, and it is in doing the real deal. Andrew has been able to make several thousand dollars in profits in just a few days of trading with it. If you want a tool that can help make trading easier, then this is definitely something that you want to check out.

 

Andrew’s Trading Channel Review – Final Thoughts

The bottom line here is that if you need a free resource that will teach you how to trade stocks, Forex, cryptocurrencies, and more, then Andrew’s Trading Channel is the place to be. That said, of course, if you want a full scale trading education that will teach you everything you need to know about Forex trading, then the Income Mentor Box Day Trading Academy is the place to learn from. However, if it’s stock trading that you want to master, then Stock Trading Mentor Box is the best place to learn from.

VISIT ANDREW’S TRADING CHANNEL

Foreign Currency Trading Tips for Newbies

Foreign Currency Trading Tips for Newbies

If you want to trade forex but have no idea what you are doing, then you have come to the right place. Let’s get right to it and provide you with some of the best foreign currency trading tips for newbies out there at this time. Remember folks, we are here to help you make money.

foreign currency trading tips

Say Goodbye to Your Emotions

The first thing that you need to realize about foreign currency trading is the fact that emotions have absolutely no role to play here. The simple reality is that oh so many trading newbies decide that their gut knows best. This could not be more wrong. Your emotions have absolutely no place in foreign currency trading or any other type of trading for that matter. Your emotions will do nothing but cloudy judgement and get in your way.

What you need to do is stick to what you know and stick to the facts. It’s something goes wrong, don’t overreact. If you lose a big trade, don’t try to place more big trades to make up for it. Trading is supposed to be rational, reasonable and well thought out. Everything you do in trading, whether Forex or otherwise, needs to be well thought out. Whatever you are doing, if it’s nothing more than an emotional knee jerk reaction, then stop it right now.

 

Do Some Daily Weather Forecasting

When it comes to foreign currency trading, one of the things you absolutely need to do is some daily weather forecasted, so to speak. In other words, you need to check the news because all sorts of news, weather, economic, political or anything in between, can have massive impacts on national Fiat currency values.

For instance, if you see a news story about EU S housing market completely crashing, chances are pretty big. But you know that the US dollar is going to become weaker over the next few days. Being aware of what is going on in the world is extremely important for foreign currency trading. National currencies are of course linked to the economies, so economic news is very vital to pay attention to. Never start a day of trading without taking a close look at the news.

 

Stick with the Major Foreign Currency Pairs

As a newbie trading foreign currencies, another thing that you have to do is to stick with the major currency pairs. The major currency pairs are the ones that see the most consistency yet also produced the most profits. The major currency pairs are also the ones that are most widely used in the world, and the most widely traded.

Some of the major currencies that you want to focus on include the US dollar, the British pound, the Swiss franc, the Japanese yen, the Australian dollar, and the Canadian dollar, as well as of course, the euro. Don’t start trading with random currencies such as Russian rubles or Indian rupees. It won’t go well.

 

Start Small with Foreign Currency Trading

What you need to know here is that foreign currency trading isn’t easy, not in the least. Therefore, as a newbie trading floor experience, it is strongly recommended that you not have more than one, two, or maybe three trades open at once. Simply put, the more traits you have open at the same time, the harder things have become, the keep track of.

Yes, as a beginner you definitely want to keep an eye on your trades at all times, because if you aren’t 100% confident in your trading strategy then you want to be sure that your trades going right at all steps of the way. As you become a better trader, you can have more trades open simultaneously, but for the time being, stick with one or two.

This start small rule also applies in terms of the amount of money that you invest into trades, not just the amount of trades that you have open at once. It is recommended that you invest no more than 1% or 2% at the very most of your trading capital into a single foreign currency trade. Investing any more than two percent of your total capital in a single trade is extremely risky.

foreign currency trading tips

 

Don’t Mess Around with Leverage

We aren’t going to go into much detail here, but as a foreign currency trading newbie, the bottom line is that you should not mess with leverage, not at all. Sure, leveraging trades is great if you win because you end up making a lot more money than you rest, but with that being said, if the trade goes South, you’re on the hook for the full amount.

 

Get a Trading Education

The fact of the matter is that with foreign currency trading, if you don’t have an education, mainly a solid base of knowledge, then you just aren’t going to be successful. Foreign currency trading, while extremely profitable, is also one of the most difficult things out there to do properly. If you don’t know at least the basic concepts and strategies that go into foreign currency trading, chances are pretty much 104% then you’re going to lose every single last penny you invest.

We need to find a Forex trading school that you can teach you all the fundamentals, the basics, all of the terms, strategies and everything in between that you need to know in order to be successful. The number one Forex trading school that we would recommend tracking out at this time is known as the Income Mentor Box Day Trading Academy. If you want to learn how to trade forex, you want a great teacher and you want to start making money as soon as humanly possible, then this is the place to be.

Income Mentor Box Forex Trading

 

Use a Forex Signals Service

The other foreign currency trading recommendation that we have for you is to try using a signal service. If you are a new view as no idea what you are doing, then a single service is right for you. If you use the right signal service, you’ll get up to a dozen signals a day. For instance, you might get a signal for the USD CAD pairing.

This signal would come complete with entry and exit points, so you know exactly when and for how much to buy and sell. You literally don’t have to know a single thing. Just wait for the signals to come out, go to your trading platform of choice, and copy and paste. In case you didn’t know, with your membership in the Income Mentor Box Day Trading Academy, you get access to a 100% free Forex signal service.

foreign currency trading tips

Foreign Currency Trading for Newbies – Final Thoughts

If you follow the foreign currency trading tips that we have outlined here today, you shouldn’t have any problem with making money. Just remember that every foreign currency trading journey starts with the right education.

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

Free Education on Andrew’s Trading Channel

Free Education on Andrew’s Trading Channel

As a newbie trader, one of the things that you should check out is Andrew’s Trading Channel. This is a great channel that you can find on YouTube, one that is dedicated to providing beginners and aspiring traders with a cost-free trading education. Folks, first and foremost, this resource is 100% free. The only thing that it will cost you is some time, and if you plan on being a profitable trader, then you better have plenty of time to spare.

The simple reality is that trading is not easy, something that you will quickly learn on Andrew’s Trading Channel. Now, with that being said, just because trading is not easy, does not mean that you cannot learn to do it in an easy way. You just need to have the right teacher and the right educational resource. This is true whether you are trading cryptocurrencies, commodities, Forex, the stock market, or anything in between.

Andrew’s Trading Channel

The fact is that to be a profitable trader, it takes the right knowledge base and the right skillset, not to mention a good deal of patience too. Well, you could just start trading without an education, but that is a sure-fire way to lose a ton of money.

People who don’t know how to trade usually never end up being successful. This is not something that you can teach yourself in just a few minutes. Indeed, trading is a bit more complicated than tying your shoes or riding your bike. Folks, if you want to learn about some of the best trading tips, strategies, and more, then Andrew’s Trading Channel is what you need to check out. Let’s take a closer look at exactly what you get with this educational resource.

VISIT ANDREW’S TRADING CHANNEL

Who is Andrew?

Ok, so we are talking about Andrew’s Trading Channel, so it is probably a good idea to start off by taking a closer look at the man himself. For those of you who are not familiar with him, Andrew A is a long-time trader who has been in the business for well over a decade at this point.

Thanks to his degrees in business and economics, he has managed to see a whole lot of success, mainly with Forex, stock market, and cryptocurrency trading. His background in economics makes him specifically suited for all types of trading, as he has a vast knowledge base and an in-depth understanding of everything to do with the market.

Moreover, Andrew is able to make more than a full time living, many times more money than somebody working a full-time job, and this by just trading for a few hours per day. Moreover, you may also know Andrew from one of the two trading schools that he is the leader of, the Income Mentor Box Day Trading Academy for Forex, and the Stock Trading Mentor Box stock market school.

Both of these trading schools, particularly Income Mentor Box, has seen great success and received rave reviews from the vast majority of the students who have gone through the programs. In the few short years that these trading schools have been active for, there are thousands of people who have graduated from them and have gone from risky newbies to highly successful trading professionals.

Of course, Andrew’s Trading Channel, unlike both of those trading schools, is totally free of cost, and it is a great place to learn some of the newest trading tips, rules, strategies, and more. What we also want to say about Andrew is the fact that he also makes for a fantastic teacher. Not only is he an extremely knowledgeable trader, but he also knows how to teach. Andrew makes sure that all of his lessons are very easy to follow, and that all of the concepts, no matter how complex, are easy for newbies to grasp.  

Andrew’s Trading Channel

What Will You Learn on Andrew’s Trading Channel?

Something that you are probably wondering is what you will actually learn on Andrew’s Trading Channel. Now, before we start giving examples of what you can learn here, we do need to say that this channel does of course not qualify as a full-scale trading education.

Yes, this is a great place to get free education for trading Forex, stocks, and cryptocurrencies, but it is not really ordered or structured, just a random conglomerate of several thousand trading guides.

So, if what you are looking for is a comprehensive education for trading, one that starts from the ground up, then those Mentor Box trading schools we talked about above are worth checking out, which we will also talk about in some more detail below.

With all of that being said, there is no denying the fact that Andrew’s Trading Channel is a fantastic resource for aspiring traders who need some extra help and tips. On this channel, you have access to hundreds, if not thousands, of individual trading guide videos, each of which might take the form of a list of tips for a certain kind of trading, a new and improved trading strategy, certain rules, and developments in trading, news developments that affect prices, and even reviews of trading platforms and signals services too.

The simple fact here is that if you are looking for a trading education, and you want easy access to all sorts of tips, strategies, news, and more, all for free of cost, then Andrew’s Trading Channel is the place to be. Let’s take a quick look at some of the most recent and most popular trading guides which Andrew has uploaded to his trading channel in the last few days.

Andrew’s Trading Channel

Trading Bitcoin with Only $200

One of the most recent videos that has been uploaded to this channel is all about teaching newbies how to trade Bitcoin starting with just $200. The reality is that starting with such little money is not easy. It is very easy to lose $200 through Bitcoin trading, which means that a whole lot of caution is required, not to mention a good deal of skill too.

Well, this guide on Andrew’s Trading Channel is all about teaching you how to profit trading Bitcoin when you have just $200 to start. It is worth noting that using these exact same tips and rules, Andrew managed to double his initial investment in a single day, taking less than 24 hours to turn $200 into $400. Now that is impressive, and if you pay attention here, there is no reason why you cannot do the same.

Trading Psychology

This video on Andrew’s Trading Channel, as you might be able to tell by the name of it, is all about trading psychology. The focus of this video is mostly on what the right mindset for trading is, what your mindset needs to be like, and what your thought process when trading should be like.

Something that Andrew tries to hammer home here is that trading is rational, not emotional. It is all about using your brain, not your heart. Andrew does actually also talk about some other trading tips here, specifically about trading with candlesticks.

Andrew’s Trading Channel Live Streams

Something else that needs mentioning abut Andrew’s Trading Channel is that if you subscribe to it and you activate the alerts, you will be alerted when Andrew starts trading live on camera, or in other words, you can watch his live streams.

Personally, we think that these live streams might just be the best aspect of Andrew’s Trading Channel, and the reason for it is because if you follow along closely and in realtime, then you can copy what Andrew is doing live.

Literally, you can do exactly what Andrew is doing, copy and paste his trades, and make the same profits that he is making, all without really having to know or do much of anything at all. These live streams are a great way for you to make easy money trading, and to learn various rules, tips, strategies, and more, all at the same time.

 

Andrew’s Trading Channel Scam Alert

What you need to know here is that some scammer has tried to copy Andrew and is currently out there trying to steal money from people by pretending to be Andrew. For those of you who don’t know, Andrew actually as a few Telegram signals services that he provides people with.

There is the Income Mentor Box Forex signals service (WHICH YOU GET FREE ACCESS TO WHEN YOU JOIN INCOME MENTOR BOX), and Crypto Trading Box, a cryptocurrency signals service. If you want awesome Forex or cryptocurrency signals that can help you make super easy money without having to do anything or know how to trade, then these are the legit services that you need to check out. Today, we have provided you with the official links for both the crypto and Forex signals service.

Do not go to any other site or pay money to anybody claiming to be Andrew if it is not these links that you have followed. Check out the video we have included for more information on Andrew’s Trading Channel scam.

CLICK BELOW: GET YOUR CRYPTO TRADING BOX SIGNALS TODAY!

Income Mentor Box Day Trading Academy + Forex Signals

Zok, so we did touch on the Income Mentor Box Day Trading Academy above. This is at this time one of thw world’s most popular online Forex day trading schools out there. Yes, Andrew is the leader of this school, and yes, he uses his great teaching methods to personally teach all of the lessons. Income Mentor Box features a full-length curriculum with over 50 comprehensive lessons. The lessons all come in the form of easy-to-follow video tutorials, where you will see both Andrew in action, as well as his teachings.

Trade Forex

We really like the way Andrew teaches here, because not only does he explain everything in detail using words, but he also backs everything up by actually doing what he is talking about live on camera, so if you don’t understand the verbal explanation, you can still follow along visually.

The vast majority of people find Andrew very easy to learn from, not to mention that those 50+ lesson will teach you everything you need to know to be a profitable Forex trader. Ok, so Income Mentor Box is obviously not free, but it does come in at a very low price, and it also comes complete with that signals service for Forex that we discussed above.

This is a legit signals service that provides users with up to 12 highly accurate Forex signals per day. All signals come complete with entry and exit points, so all you have to do is copy and paste the signals as they appear. IF what you are looking for is a comprehensive Forex trading education that starts from the ground up, Income Mentor Box is the place to be.

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

Stock Trading Mentor Box + FREE UPSI INDICATOR

If you would rather learn how to trade stocks than Forex, then it is the Stock Trading Mentor Box academy that you should check out.

We aren’t going to spend as much time talking about it, with the reason being that besides the fact that this school is for stock market traders rather than Forex traders, it really is the same.

With Stock Trading Mentor Box, you get the same great teacher, the same comprehensive curriculum, the same easy-to-follow format, and a great price too.

However, when you join this school, instead of a free signals service, what you get free of cost is the UPSI indicator. UPSI is a state-of-the-art profit scalping indicator that lets you know exactly when and how to trade, an indicator that works for stocks, Forex, and more.

CLICK ON IMAGE BELOW TO JOIN

Stock Trading Mentor Box Direct Link

 

Making Money with Andrew’s Trading Channel – The Verdict

The bottom line is that if you want to learn how to trade and you want to do so for free, then Andrew’s Trading Channel is the place to be. That said, for a full trading education, the Mentor Box schools are the educational resources of choice.

How to Start Profitable Forex Trading

How to Start Profitable Forex Trading

There is no doubt about the fact that Forex trading is difficult. But with that said, it’s also one of the most lucrative things that you can do. The simple reality here is that the Forex market is at this time the largest and most liquid market in the world, and of course, this means that there are massive profit opportunities for those who know what they were doing. However, profitable Forex trading just isn’t easy, and it takes a whole lot of skill, knowledge, and practice to do it properly.

As a newbie, chances are that you just don’t have the knowledge, skills, or patience to make it happen. Yet this is not to say that with a little bit of training and education that you can’t get to a level where you can be confident in your Forex trading skills. This is what we are here to help you with today to teach you how to start profitable Forex trading so you can be a self-reliant, independent, and highly profitable trader.

We first want to start out by providing you with a large list of tips on how to start profitable Forex trading. We’re then going to provide you with some of the best Forex trading educational resources around, both free and paid resources that you can use to your advantage to learn everything that you need to know to be profitable in the world of foreign currency trading.

profitable Forex trading

Profitable Forex Trading Tips for Newbies

There is no doubt about the fact that add the beginner you were going to have some troubles trading Forex. It’s just not easy to do. With that being said, with a few valuable rules and tips you can improve your chances of making profits. Let’s get to it and provide you with some of the best and most profitable Forex trading tips for newbies, keeping in mind that these tips are just starting points to help point you in the right direction.

 

Get an Education

Perhaps the most valuable tip that we can provide you here is that if you plan on engaging in profitable Forex trading, then you actually need to know what you’re doing. Or in other words, you need to get yourself an education. Forex trading is not something that you can just start doing one day without any sort of training or knowledge.

There are many different terms, concepts, strategies and skills that you need to master in order to be successful in the world of foreign currency trading. Therefore, the number one tip that you need to follow is to get yourself an education. No worries if you don’t know where to get a Forex trading education because we will discuss that in great detail further below.

 

Set Realistic Goals

One of the biggest downfalls of oh so many newbie traders is that they set highly unrealistic goals. Sure, having great goals is not a bad thing because it motivates you to achieve them. However, with that being said, if your goals are completely unrealistic then it is going to be totally impossible to get there. This is something that destroys many newbie traders because it completely saps their morale.

People, you aren’t going to make $10,000 a day trading Forex, especially not as a beginner. Sure, there are some people who might be able to pull that, but those are people who have been trading for decades. As a beginner, set yourself a goal of maybe $100 profit per day. It’s not a whole lot, but it’s definitely a good starting point. Once you set a realistic goal, you can then start working towards it.

 

Learn About Risk Management

If you plan on engaging in profitable Forex trading, one of the things that you definitely need to do is to learn about risk management. Simply put, you don’t want to blow all of your money on a single trade. Generally speaking, the rule of thumb is that you do not want to risk more than 1% or 2% of your trading account on a single trade, at the very most.

This way, even if you do happen to lose a trade, you’re only going to lose a small percentage of your overall account balance. Moreover, on that same note, what you also never want to do is to trade with money that you can’t afford a lose. Don’t gamble with the money that you need to pay your mortgage or to put food on the table. It’s just not worth it. Only trade with money that you can easily forward to lose, and even then, you still want to be careful.

 

Create a Trading Plan & Stick to it

Another huge mistake that so many newbies make is to just trade randomly. People forex trading is a very thought out, well planned, and methodical thing. You cannot just fly by the seat of your pants here. All of the best Forex traders have mastered various trading strategies that are shown to be profitable in varying market conditions.

What we’re saying here is that you need to master some Forex trading strategies, and of course this is best done by getting yourself a trading education. Moreover, once you have decided how much money you can rest per trade, how much money you have to risk overall and what sort of trading strategies that you want to use. You can then create a full-scale trading plan that includes exactly how much money you plan to make and how you plan on getting there.

With that being said, what is also important is that you stick to your plan, especially if it is a tested and proven plan that has shown to be profitable for many other traders. If you happen to lose a couple of trades with a plan, or strategy that is proven to be profitable, don’t throw in the towel and give up. Losses happen even to the best traders using the best strategies. That said, obviously if you keep losing trade after trade after trade, then it might be time to switch things up a bit.

 

Choosing the Right Broker

Although many newbies might not think about this if you plan on engaging in profitable Forex trading, you need to have the right broker in your corner. Of course, for one, this means staying away from unregistered and unlicensed scam brokers that are sure to steal your money. It also means that you need to do some research on brokers to see which ones offer the most newbie friendly packages or accounts.

There are many brokers out there that offer minimal commissions and minimal trading fees, so you can save as much money as possible. We recommend doing some research on the best beginner friendly brokers, and for Forex trading out there at this time. One of the biggest errors you can make is to underestimate the importance of having a good broker in your corner.

 

Start Slow

If you plan on engaging in profitable Forex trading, another important tip that you need to follow is to start slow. The simple reality here is that the more traits you have open out once, the more work you have to do and the more moving parts you have to keep track of. The less trades you have open at once, the easier things are going to be for you.

So as a beginner, we recommend not having more than one or maybe two trades open at once. Once you’re confident that you can handle having two trades open at once, you can then move up to having three or even four trains open at once. The simple fact is that it can be very stressful to keep track of so many moving parts at once, so to keep your stress levels to a minimum, keep the moving parts to a minimum as well.


Stay Away from Leverage

Yes, leveraging your trades can be extremely profitable, but it’s not easy. Leveraging trades is something that is best left for the professionals. For those of you don’t know, leveraging your trades means that you can technically trade with a whole lot of money that we have to spare. For instance, if you leverage a trade by a factor of 10 to 1, it means that you only have to invest $100, but it means that you can trust trade with $1000.

Sure, this means that you can make 10 times the profit with ease, but if you end up losing the trade to be aware that you were on the hook for the whole $1000, the full amount that you leveraged. As a beginner trader, this is extremely risky and it’s best that you stay away from it until you are confident that you can win trades with these.

 

Focus on the Major Currency Pairs

When it comes to newbies and profitable Forex trading, something that we recommend is that you stick with the major currency pairs. There are five or six major currency pairs that are extremely predictable and allow for relatively easy profitability. You need to stay away from the exotic currency pairs that move in unpredictable ways. Some of the best pairings include USD/CAD, EUR/USD, USD/AUD, USD/CHF, and USD/JPY.


Don’t Forget Stop Loss Orders & Never Add to Losing Positions

Something that all traders should do no matter of the skill level, is to use stop loss orders. Folks, if you invest $1000 in a single trade and it starts to go South, a stop loss order can stop you from losing the majority of your investment. For instance, if you set a stop loss order at 10% under your initial investment, it would mean that you would only lose $100 out of the $1000 that you invested.

This is the number one tool at your disposal to stop you from losing massive amounts of money due to losing trades.

At the same time, something that you should avoid doing at all costs is to add money to a losing position. Both if a position is already losing, especially if you are a beginner, that is not overly confident in your skills then you need to close it and cut your losses. Yes, professionals can sometimes add to their losing positions and come out on top, but it’s not easy.

 

Leave Your Emotions at the Door

If you plan on being a profitable Forex trader, perhaps one of the most important things that we can give you is to leave your emotions at the door. The simple reality here is that emotions have absolutely no role to play in trading.

The only organ that you should be using to trade forex is your brain. If you get too emotional, you’re going to make unreasonable and irrational decisions that are going to negatively affect your balance. Trading needs to be reasonable, rational, and methodical. There is absolutely no place for emotion here.

Don’t Bet Against the Market

The final Forex trading tip that we want to provide newbies with today is that you should never trade against the market. Once again, just like leveraging trades, betting against the market is something that is best left to the professionals. Yes, betting against the market can qualify as profitable Forex trading, but it takes great skill to do so successfully.

Trade Forex

 

Forex Trading Guides on Andrew’s Trading Channel

If you want to start profitable Forex trading and you want to get a good education but you don’t have any money to pay for it, something you should check out is Andrews Trading Channel on YouTube. Andrew is indeed one of the best Forex traders around and what’s really nice is that he has the ability to teach you how to trade in ways that are very easy to understand.

profitable Forex trading

Not only is Andrew a fantastic trader, but he also knows how to be a great teacher. What is important to note about Andrew’s Trading Channel is of course that it is 100% free. On this channel you will find hundreds if not thousands of videos concerning Forex, cryptocurrency, and stock market trading. There are tons of videos that contain very useful trading strategies, tips, guides, daily news updates and so much more.

Andrew also reviews various signal services, indicators, brokers, and trading platforms. What you’re looking for is up-to-date invaluable information that will teach you profitable Forex trading, then this is the place to be. Let’s quickly take a look at some of the most recent and most useful trading guides that Andrew has uploaded on his channel.

VISIT ANDREW’S TRADING CHANNEL

EMA 200 + MACD + Parabolic SAR

In this particular video, Andrew demonstrates how to combine three different indicator tools to produce massive profits in just a few days. Using the strategy that Andrew demonstrates within this video, he was able to make nearly €30,000 profit in a single week of trading. If you follow this particular trading strategy, there is no reason why you cannot do the same. Profitable Forex trading doesn’t mean having to do something new.

Best Crypto Signals Group

In case you would like to make profits trading cryptocurrencies, but you don’t know how to do so, then something that you want to check out is this particular video in which Andrew talks about the best cryptocurrency signals group around. It’s a really easy way to trade profitably without actually knowing what you were doing.

Making 70K in 30 Days

When it comes to guides about profitable Forex trading, this is probably one of the best around. In this particular video, Andrew demonstrates how you can find the very best Forex trades around. Using nothing but these tips on how to find the best Forex trades, Andrew is able to make over €70,000 in 30 days of trading. Once again, if you follow all of the tips that Andrew provides you with here, there is no reason why you cannot do the same.

 

Learning Forex Trading with Income Mentor Box

OK, so while the YouTube channel we just looked at above is a great starting point, especially for newbies, want to start profitable Forex trading by learning about some of the best trading strategies, the unfortunate reality is that it does not count as a fully comprehensive or full scale forex trading education.

Yes, it is a great place to learn about the best Forex trading tips, strategies and more. But it doesn’t provide you with a ground up foundation that starts with the basics. If what you are looking for is a truly comprehensive Forex trading education that starts at the very bottom and then slowly works its way up, then what you want to do is to check out the Income Mentor Box Day Trading Academy. This is a 100% online Forex trading school that consists of well over 50 full length lessons. Each of the lessons are anywhere from 10 to 30 minutes in length.

profitable Forex trading

The lessons start out with some of the most basic terms and concepts that you will need to know in order to move on with Forex trading and the lessons then quickly advance to the more complex aspects of Forex trading. By the end of the 50 plus lesson curriculum, you should know literally everything there is to know about Forex trading, to be self-reliant and profitable.

What’s also really cool is that the teacher that you get here, Andrew, is not only very knowledgeable and skilled at Forex trading, but he also knows how to teach all of these things to newbies in ways that are easy to understand. When it comes down to and Andrew is one of the most knowledgeable, approachable, and friendliest teachers of Forex that we know.

He’s been in the business for well over a decade at this point and makes a full-time living trading foreign currencies. If you want to be like him and you want to make a whole lot of money on a daily basis, setting in front of your computer, then we recommend learning from him. The way to become the best is by learning from the best.

What you should also know about this particular forex trading academy is the fact that it comes in at a very reasonable price. For just $299, you can become a full member of Income Mentor Box. This is a one-time payment with absolutely no hidden or recurring fees of any sort. Once you are a member, you are a member for life with full and unlimited access to all course content.

profitable Forex trading

What we also want to remind you of here is that when you join Income Mentor Box, you get free access to one of the world’s best Forex signals services around. This signal service allows you to engage in profitable Forex trading simply by copying and pasting signals into your broker. This way, you can make money while you are still learning.

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

Learning to be a Profitable Forex Trader – Final Thoughts

Before all of the tips that we have provided you within the opening section of today’s article, then becoming a profitable Forex trader really shouldn’t be all that difficult. Profitable Forex trading is all about setting the right goals. Knowing the right strategies and sticking to a proven plan that is shown to be profitable. You can manage put all the pieces to the puzzles together properly, you stand to gain a whole lot of money.

Now, with that being said, the number one best way for you to start profitable Forex trading is to get yourself a full-scale education. We definitely recommend joining the Income Mentor box Day Trading Academy because this is where you will learn all the most important trading terminology, concepts, strategies and so much more, literally, everything you need to be a profitable Forex trader.

If you want a good Forex trading education but you don’t want to pay for it, then we recommend checking out Andrew’s Trading Channel on YouTube, especially if you want to learn some of the best Forex trading strategies around.