Online Forex Trading Course

How Much to Risk per Trade and How to Calculate that Risk?  Podcast: #405: How Much to Risk per Trade and How to Calculate that Risk? In this video: 00:29 – Email from a podcast listener 00:59 – How do you calculate your risk amount 01:20 – Download my MT4/MT5 Lot Size Calculator  01:55 – The logic behind lot sizing

Thinking of Giving Up Trading?  Podcast: #404: Thinking of Giving Up Trading? In this video: 00:27 – Adolfo, a trader from Mexico 01:15 – He could see the benefits of trading 01:55 – Ready to give up? 02:15 – Adolfo found my weekly videos and podcasts 03:20 – You were different 03:43 – Our 3000th coaching client This trader nearly quit the Forex world a couple of years ago, is now back into it and loving it. If you're in that position where you're thinking about giving up this video's for you, let's get into it. Hey traders, this is Andrew Mitchem here at the Forex Trading Coach with video and podcast number 404. Adolfo, a trader from Mexico I want to talk about a client of ours called Adolfo. Adolfo's from Mexico. Now he got to a stage a couple of years ago where he quit trading. And, he's only just got back into it but I want to give you a bit of a background about him first, because a lot of people would be in this very similar position. Now last week I sent out an email with the video that I h

How to Profit as a New Trader with a Small Account  Podcast: #403: How to Profit as a New Trader with a Small Account In this video: 00:24 – Email from a guy who is looking at starting trading 01:05 – Joining a group of like-minded successful people 01:59 – Real examples from this week 03:12 – Profit from other traders 04:22 – Client mentions trade live on the webinar 05:00 – Learn the “How To” by following other traders 07:03 – Walk before you can run 07:17 – Our 12th birthday is in May How can you profit in the Forex market if you're starting with a smaller account and you're starting out as a new trader? Let's talk about that and more right now. Hey traders, it's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 403. Email from a guy who is looking at starting trading Now, this week I've received an email from a guy over in the U.K. who's actually in the army, and he's saying, "Look, I'm looking at leaving, but I want to ensure that when I start trading, I'm actually

Your Investment Options are Limited  Podcast: #402: Your Investment Options are Limited In this video: 00:35 – Very low returns make headlines 01:37 – UK bank pays me 0.1% interest rate 02:02 – February Daily trades make +6.2% in February 03:15 – Options available if you don’t want to trade yourself 03:40 – TFTC Pattern Trader makes +7.2% gain for the week 04:44 – Forex Insiders March webinar: The Power of Divergence 05:59 – Future proof your own finances Our daily trading suggestions made a 6.2% account gain just in the month of February. Would you like to know how we did that? And would you like to gain results like that for yourself? If you would, listen up I've got some great news for you. Hey traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number 402. As you can see a beautiful day here, and so I figured we'll come outside and make the video today in the sun. Very low returns make headlines Now, a really interesting news story here in New Zealand just this week,

So You Want to be a Scalper?  Podcast: #401: So You Want to be a Scalper? In this video: 00:23 – Is scalping a good idea or not? 00:58 – Can we help you? 01:14 – Some real trade examples 03:11 – You need a good strategy to scalp 04:35 – Send me an email to receive more details 04:57 – Feel free to share this video and podcast So you want to be a scalper. Is that a good idea, and can we help? Hey traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number 401. Is scalping a good idea or not? Now you want to be a scalper. Is that a good idea? Well, it depends on what type of person you are, and if you'd like looking at your charts either at a certain time each day, when you know, there's likely to be more price activity such as the European session, or maybe the US session. But also you need to be the sort of person that's willing to do that regularly. And you've got to be the sort of person that's willing to be a little bit more active on your charts. So is it a good idea? W

New ASIC Regulations and How They Affect Forex Traders  Podcast: #400: New ASIC Regulations and How They Affect Forex Traders In this video: 00:24 – I’m joined by Ben Clay from Blueberry Markets 00:43 – Why are ASIC making these changes? 01:43 – If you have more experience, will these levels change? 03:12 – How does this affect Australian traders? 04:00 – How will these changes affect non-Australian traders? 05:35 – I’m looking for a new broker. Can I join Blueberry? 06:11 – What should you look for in a good Forex broker? 07:36 – Can a trader contact you directly? 09:21 – A goal to help people succeed Andrew Mitchem: There are new changes coming from the Australian regulators affecting us as Forex traders. So let's discuss how that's going to change things with the Australian brokers. Let's get into it right now. Andrew Mitchem: Hi traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number 400. I’m joined by Ben Clay from Blueberry Markets Andrew Mitchem: And today we're j

5 Things to Know Before You Start Trading Forex  Podcast: #399: 5 Things to Know Before You Start Trading Forex In this video: 00:26 – 5 very important things to know 00:38 – You will not become an overnight millionaire 02:01 – You don’t need to spend all day and night watching your charts 02:40 – You don’t need to study global events 03:52 – You do need to understand global time zones 05:47 – You must be willing to learn and invest in yourself 06:46 – Do you have questions and share this video  I'm going to share with you five things that you should know before you start wanting to become a Forex trader. Let's get into that and more right now. Hi traders, Andrew Mitchem here at The Forex Trading Coach with video and podcast number 399. 5 very important things to know I'm going to share with you five important things that I think you need to know and understand before you start to enter the amazing Forex world. You will not become an overnight millionaire So let's start with the first thing is, you

The Forex Market or the Stock Market?  Podcast: #398: The Forex Market or the Stock Market? In this video: 00:28 – Which is the best market to trade? 00:51 – The Forex market is open 24 hours a day 02:27 – It’s easy to follow and understand the 8 FX currencies 03:43 – Massive liquidity in the Forex market 04:44 – Use Leverage to your advantage 05:42 – You can trade Forex long and short 06:27 – The low cost of trading the Forex market 06:47 – The ability to take high reward:risk trades 08:13 – Send me the trading topics you’d like me to discuss Should you trade the Forex market or should you consider trading the stock market instead? Which is best? Let's talk about that and more, right now. Hi Forex traders. It is Andrew Mitchem here, the owner of the Forex Trading Coach with video and podcast number 398. Which is the best market to trade? And I want to talk about the differences, the comparisons, the benefits of trading the Forex market over the stock market. It's a question I get asked quite often. A

How to Lose Money Fast through Trading  Podcast: #397: How to Lose Money Fast through Trading In this video: 00:33 – You’ll know it’s easy to lose money through trading 01:27 – What are you going to do differently? 02:05 – Watch last week’s video about using Limit Orders 05:01 – A real example on the EUR/AUD W1 chart which made a 4:1 R:R 06:22 – New monthly webinars for all traders to attend 07:16 – We’ve gone full circle I'm going to explain how you can lose money really, really fast by trading the Forex market. You interested? Let's talk about that and more right now. Hey, traders, Andrew Mitchem here at The Forex Trading Coach, with video and podcast number 397. And you can see it's an awesome day here, summertime in New Zealand, so I thought I'd come outside. I want to talk about something very, very different this time. I want to talk about losing money. You’ll know it’s easy to lose money through trading Now, it's very, very easy to do that if you're trading in the Forex market, and if you've be

How Using Retracements Will Help Your Trading Results  Podcast: #396: How Using Retracements Will Help Your Trading Results In this video: 00:26 – The biggest difference to my trading success 01:06 – The many benefits of using limit orders 01:46 – Frees up your time 03:57 – A real time example on the EUR/NZD H4 chart 05:03 – Using retracement entries will massively help you Using retracement orders can massively improve your trading success. Let's talk about that more right now. Hi Forex traders, it's Andrew Mitchem here at the Forex Trading Coach with video and podcast number 396. The biggest difference to my trading success Now, next week I'm going to be speaking at a virtual trading week for a group of traders over in Singapore. I've been asked to speak as a special guest. And the guy who's organising the events said to me, "Andrew, I want you to talk about on a topic that can help people, but choose a topic that made a huge difference to your own trading success. Like what helped

How to make 2021 an excellent trading year  Podcast: #395: How to make 2021 an excellent trading year In this video: 00:30 – Set your goals for the New Year 01:40 – Trading on the close of a candle 02:22 – Document your trades 02:42 – Client makes +2.75% gain in one trade 03:57 – TFTC Pattern Trader bot software 04:57 – Looking forward to a great year ahead 05:40 – Future podcast topics So, 2021. How are you going to ensure this is a great year for you as a forex trader? Let's talk about that more right now. Hey, traders, it's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 395. Set your goals for the New Year Come outside here, as it's a beautiful day today, and wanted to talk about goals for 2021. It's really important that you have some goals, that you think about your trading, you look at last year's performance. What was good? What was not good? If you're new to trading, you're probably in some ways a better off position, because you can start right no

How Was Your Trading During 2020?  Podcast: #394: How Was Your Trading During 2020? In this video: 00:26 – What an interesting year! 01:06 - Trade the conditions you get at the time 01:21 – How was your trading during the year? 02:35 – My trading hours during the next 3 weeks 03:15 – Use the next 3 weeks wisely 04:07 – Wishing you all a fantastic Christmas and have a great 2021 How was trading for you in 2020? It was an interesting year, wasn't it? Let's talk about that and more, right now. Hey, traders, Andrew Mitchem here at The Forex Trading Coach with video and podcast number 394, and it's the last video and podcast for 2020. What an interesting year! Well, what an interesting year. Who would have thought back in January we would be in the situation that we're in now? Who would have thought we've seen all things that we've seen in 2020? Nobody could have predicted that, but for traders, it's actually been a pretty good year. Back in March and April, we had some unbelievably good tra

All You Need to Know about Blueberry Markets  Podcast: #393: All You Need to Know about Blueberry Markets In this video: 00:00 – I’m joined by Ben Clay at Blueberry Markets 00:45 – Who are the people behind Blueberry Markets? 02:23 – Where are your servers located? 04:45 – Building their online reputation 06:54 – What type of accounts can someone open at Blueberry Markets? 09:18 – Can you have an unlimited demo account? 10:29 – How do I withdraw funds? 12:09 – Safety of my funds? I’m joined by Ben Clay at Blueberry Markets Andrew M.: Hi, everybody. It's Andrew Mitchem here at The Forex Trading Coach, and I'm pleased to be joined today by Ben Clay from Blueberry Markets. Hello, Ben. Ben Clay: G'day, mate. Andrew M.: Nice to see you here. Ben, got some questions to run through from you. Asked a number of traders right round the world to ask questions to me that I can pass them on to you, basically to find out more about Blueberry Markets, what it is you do, why you're a good broker, and wh

Why I Trade with Low Risk Per Trade  Podcast: #392: Why I Trade with Low Risk Per Trade In this video: 00:29 – Why do you keep your risk per trade low? 01:03 - 2 things you must control 03:05 – This completely amazes me 04:08 – We also have high R:R trades 05:33 – Understanding the market and understanding yourself 06:10 – Our 2020 Black Friday 12 Hour Sale I get asked all the time, why I trade with such low risk. Let me explain more right now. Hey traders, it's Andrew Mitchem here at the Forex Trading Coach with video and podcast number 392. Why do you keep your risk per trade low? The question I get asked quite often is, "Andrew look, if you've been trading for so long and you know what you're doing, you know how to trade, why is it that you constantly promote and suggest other people trade with such low risk per trade?" And it's quite an interesting question because people think that, you can just go and risk crazy amounts and make exceptional returns. For me as a full-time trader, tha

How to Adapt to The Current Market Conditions  Podcast: #391: How to Adapt to The Current Market Conditions In this video: 00:29 – A very interesting week 00:58 – Needed to adapt to the market price action 02:02 – Client make a +6.1% gain on XAU/USD H2 chart 02:27 – Just 1 Daily chart trade for the week 03:22 – Trading the shorter time frame charts this week 04:09 – The way we trade at TFTC 04:28 – Trading next week onwards 05:12 – Keep a look out for our Black Friday Sale As a forex trader, you need to be able to adapt to what is happening in the market at the current time. And I want to talk about that to help you in this week's video on podcast. So let's get into it right now. Hey, forex traders, it is Andrew Mitchem here at The Forex Trading Coach with video and podcast number 391. A very interesting week Now, this week we have had quite a lot happening. We've had the US elections. Right now, as I'm speaking, we still don't know the outcome, and by the time you get to watch this video

How to Future Proof Yourself  Podcast: #390: How to Future Proof Yourself In this video: 00:28 – What an interesting year 2020 has been 01:20 – Problems around the rest of the World 02:00 – Using other people’s money to trade? 03:45 – Take advantage of these ways of making money from trading 04:23 – TFTC Pattern Trader bots 05:28 – Trading off a small account size 06:42 – You need to future proof yourself and learn how to trade correctly What would another corona virus lockdown mean for you? Is your job secure and what are you doing to future proof yourself? Let's talk about that and more, right now. Hey, traders, it's Andrew Mitchem here at the Forex Trading Coach with video and podcast number 390. What an interesting year 2020 has been So, it's been an interesting year, hasn't it? We're heading up to the US elections next week, and we've obviously had coronavirus cause issues right around the world. We're lucky here in some ways in New Zealand, we're very small, a couple of islands safel

Important Questions to ask a Forex Broker  Podcast: #389: Important Questions to ask a Forex Broker In this video: 00:22 – Joined by Ben Clay at Blueberry Markets 01:05 – How safe are your funds? 02:13 – Order types and hedging 03:30 – Can EU traders work with Blueberry? 03:56 – Can we get our money back if the broker goes bankrupt? 05:18 – What happens when you get sudden fluctuations in the market? 07:06 – Can some trades missed being filled? 08:19 – What makes Blueberry Markets different? 10:08 – Email me if you’d like to ask Blueberry Markets another question Andrew Mitchem: Today, we're going to be answering your questions and the number one question that you want to ask a Forex broker. Let's get into it right now. Andrew Mitchem: Hey, traders, it's Andrew Mitchem here at the Forex Trading Coach with video and podcast number 389. Joined by Ben Clay at Blueberry Markets Now, something a little bit different today. We're joined by Ben Clay at Blueberry Markets over in Australia. Hi there

Should You Only Trade The Major Forex Pairs?  Podcast: #388: Should You Only Trade The Major Forex Pairs? In this video: 00:26 – 2 things to talk about today 00:53 – How do you know which pairs to trade? 01:43 – Should you only trade the Majors? 02:28 – My trading routine 04:55 – It doesn’t matter which pairs I trade 05:18 – All covered in my 5 star rated coaching course 05:42 – I’ll be interviewing Blueberry Markets – let me know your questions How do you know which Forex pairs to trade? And when? Let's talk about that and more right now. Hey, Forex traders, Andrew Mitchem here, the owner of The Forex Trading Coach with the video and podcast number 388. 2 things to talk about today Now I've got two things to talk about. The first, I want to talk about how I can help you to know which Forex pairs to trade. And secondly, at the end of the video, I'm going to explain about next week's video and podcast when I'm going to be interviewing, Ben Clay from Blueberry Markets and I want to know from

How to Prevent your Stop Loss from being Hit  Podcast: #387: How to Prevent your Stop Loss from being Hit In this video: 00:25 – Stop loss placement 01:04 – Examples shown on our weekly webinar 03:00 – The benefits of having the stop loss protected by a round number 03:33 – EUR/CAD trade makes a +1.5% account gain with low and controlled risk 04:32 – Details about how you can learn how to take trades like this too  What measures can you take to prevent your stock loss from being hit all the time? Let's talk about that more right now. Hey, Forex traders, this is Andrew Mitchem here, the owner of the Forex Trading Coach with video and podcast number 387. Stop loss placement I want to talk about an issue that affects all of us, and it's talking about stop loss placement and how to place your stop loss why and where, and what can you do to give yourself a higher probability chance of success within your trade and to prevent your trade from being stopped out? And this was a discussion that we ha

The Problem with Retirement Savings Plans  Podcast: #386: The Problem with Retirement Savings Plans In this video: 00:27 – Kiwisaver and the hidden costs 02:20 – Why would you invest in this? 03:28 – Retirement and the Forex market 05:15 – You need to understand the FX market before trading funds 05:58 – A week of retirement related emails this week 06:16 – Webinars for traders, both new and experienced Why do people pay massive fees to money managers, only for the money managers to lose their funds? Let's talk about that and more right now. Hey, traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number 386. Kiwisaver and the hidden costs Now I've just heard on the news today about here in New Zealand, the KiwiSaver. So KiwiSaver's a bit like a retirement fund that people contribute and employers contribute into in the States, they call it a 401k. So it's basically a national kind of retirement fund where you choose the company that you want to invest with. And an