Online Forex Trading Course

The Perfect Economic Storm Is Building… Are You Ready? Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #652: The Perfect Economic Storm Is Building… Are You Ready? In this video: 00:32 – The looming economic storm. 01:04 – Interest rates are rising. 01:36 – Fuel prices are heading up again. 03:15 – The cost of food increasing. 04:20 – Unemployment increasing and wages not rising. 04:50 – Are you waking up to this yet? 05:27 – Start now and give yourself time to learn. 06:08 – Trade when the conditions suit. 06:52 – Don’t fall for the trading hype on social media. 07:45 – Look at www.TheForexTradingCoach.com Did you know there’s quite a high potential of the perfect economic storm on the way? What are you going to do to make sure that you have safeguarded yourself as best as you possibly can, and to be aware of what’s likely to be happening? Let’s get into that and more right now. Hey there, Trades! This is Andrew here at The Forex Trading Coach for video and podcast number 652. The looming economic storm. Outside on another lovely day here. But I want to talk about the storm that potentially is coming. Not the weather storm but the economic storm. And there’s a lot of quite interesting things likely to be brewing. And it doesn’t really matter where you live in the world. I think this is probably going to affect so many people and it’s not good. And the purpose of today’s video and podcast is not to scare people, but to make people aware and also to make people wake up to like, what are you going to do to ensure that you ride the storm as best you possibly can? So let’s talk with a few obvious examples of happening right now. Interest rates are rising. Interest rates have started rising again here in New Zealand. Have just put them off to put them up in the US and put them up in, I think Australia as well, and, and also Canada and various other countries, and they still talk about them going up further again. So what is that doing. Well potentially that’s making mortgage rates higher. So certainly here in New Zealand has prices have been dropping for some time. So your price of your house, your value of your house is going down. Yet the cost of servicing your debt is going up. So that’s obviously not good. Fuel prices are heading up again. Fuel prices, You know they they went up a while ago. Then they’ve come back a bit around the world and everybody thought oh that was it. And now this started to go back up again. And when you think about the fuel price and diesel especially, you know, it affects everything we do from transportation to the cost of food and basically everything in our lives. And so when you are in countries say, like here in New Zealand, where our New Zealand dollar rate against the US has been dropping quite a lot when we’re importing things in US dollars, regardless of if that product goes up or not, it’s costing us more money and this will probably affect you depending on where you live in the world in a different way. So purely as an example from here, the price of fuel, even if it stayed the same, but the New Zealand dollar is dropping against the US. It’s costing us more and more to import that. But now we’re getting that scenario where the price of fuel is going up as well, and the dollar is dropping against the US. It’s a double whammy. And then you hear, like with the US looking at potentially now stopping a lot of exports of their diesel because they need it, you know domestically and their domestic prices going up. So they’re looking at looking after themselves, which of course that’s what most economies probably should do. And and they’re not so much worried about the exporting of that volume of diesel. And so that’s likely to put a more pressure on the price of countries that import diesel from other places. So you can see how this is starting to all add up. The cost of food increasing. You add on top of that the cost of food and the cost of living, you know, going up anyway. And you know, last week we talked on the video and podcast 651 about health and, you know, people not being able to afford, you know, good food or organic food because of the prices. And to me, what we’re getting right now is probably not even like, you know, the tip of the iceberg. It’s going to get probably just getting higher and higher and higher and getting worse. So you put all this together, you know, what have you got left after your wage and you’re paid for your food and you paid for your mortgage and your transportation. Probably not much. And if you’re struggling with that now, what’s likely to be, say, in 6 months or a year from now? And that’s what I’m talking about, the perfect storm. Because a lot of these things are outside of our control. And, you know, we can’t help what’s happening globally with interest rates or fuel prices. But we still need to live, you know, we still need to pay mortgages, we still need to buy food, and we still need to move around. Unemployment increasing and wages not rising. And this is where I see this big issue coming for people because, you know, unemployment is getting, you know, worse, people are losing jobs. AI potentially is going to, you know, sort of take more and more jobs. And, you know, the the salaries are not great. Wages are not increasing, if at all, but certainly not to the rate that they need to be to cope with this food and fuel, etc.. So I see this as the perfect storm coming, and things are going to get real tough for a lot of people. Are you waking up to this yet? So as I mentioned at the beginning, the point of this is not to scare people is to say, let’s wake up and let’s see what’s happening and what can we do about this. And that, again, is where I see trading has been such a great skill. Now, I’ve sort of said that maybe in 6 months, 12 months time things will be a lot worse. With trading. You cannot get into something new if you’ve not traded and and expect it to solve all your financial problems straight away. It’s not going to. It’s a silly way of getting into it. You’re forcing errors and mistakes, and you’ll probably lose money and give up and blame the broker and forex and me and everybody else but yourself. Start now and give yourself time to learn. You need to give yourself some time to learn this, to study it, to practice, to make mistakes. And, you know, not always our market conditions. Good either. You know, we’ve just come out of the northern hemisphere summer in July and August where the market conditions were really tough, you know, really, really hard. We didn’t, you know, have great months ourselves. We had some good trades and, you know, and also some bad conditions. So we didn’t have a lot of trades. Now we’re starting to see, you know, trades going really well. We just had yesterday. We just had 6 trades posted on our forum site. All 6 were profitable. And today I’m just about to go and take 6 trades on the daily charts and 2 on the 12 hour charts. So there’s lots more happening right now. Trade when the conditions suit. So in other words, when the conditions are good for trading, we we take the trades. And you know, hopefully we do well when conditions are not so good. You just need to be steady cautious. And you can’t expect to make money if conditions are not always there. So my point being is give yourself time, get yourself educated, invest in yourself. Now if you think that investing in yourself today’s expensive, don’t wait till it’s too late and then you’ve got no choice at all. Or you can’t afford to do it. So, prepare when it comes to your health, as I mentioned last week, prepare when it comes to your finances and your future. And that’s where we see good, realistic trading as being such a great way for people to help with passive income. Don’t fall for the trading hype on social media. You know, it makes it drives me mad. It makes me kind of sick when I see some of the rubbish out there online on, you know, on social media of, you know, people just praying around in red flash Lamborghinis and France and you know, it’s it’s people get caught up in that, you know, and people don’t have the attention span and the focus unfortunately, very much these days. And they see that as the way forward. I can promise you, as someone that’s been trading for now, 21 years and teaching for 17, the way forward is to do this properly yourself. Invest in yourself. Take your time to do it properly. Understand the system. Join a community of people who are proven to make this work for themselves. Trade on your demo account to start with this small account, maybe a bigger account or your prop firms. There’s so many options there to make sure that you beat this upcoming storm that’s coming. I think almost certainly it’s coming. Be prepared. Do something about it today. Look at www.TheForexTradingCoach.com If you’d like to find out more, jump on to TheForexTradingCoach.com And we can certainly help you. This is Andrew Mitchem I see this time next week. Bye for now. Episode Title: #652: The Perfect Economic Storm Is Building… Are You Ready? Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Your Health Could Be Ruining Your Trading Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here to Download Dr Joe Jacko’s Health Cheat Sheet #651: Your Health Could Be Ruining Your Trading In this video: 00:03 – The relationship between health and trading. 01:15 – Dr Joe Jacko introduction. 03:23 – Are doctors and the medical industry to blame? 05:15 – We’re not taught to think for ourselves. 07:55 – Self-educate yourself and do your own research. 13:37 – Food – the good, bad and the ugly. 17:35 – Physical work and exercise. 20:12 – People still follow and trust the mainstream media. 26:05 – Health cheat sheet – link is in the description. 30:38 – Priorities and how you spend your money and time. Andrew Mitchem Hey there traders Andrew here at The Forex Trading Coach. The relationship between health and trading. Do you know in 21 years have been a full time trader? I’ve never seen herd watched a video or a podcast or seen an e-book ever about health and how it relates to your trading. Now, a few weeks ago, I received an email from Doctor Joe Jacko, who’s been a doctor in the US for over 36 years. [Intro Jingle] His methods and his beliefs in health and well-being a massive. And they align with the way that I think as well. It’s something I think is underestimated. And as mentioned, I’ve never seen anybody talk about health and how it relates to your trading, ever. So I jumped on the opportunity to have a chat with Doctor Joe. And I think you’re going to be fascinated by it and our beliefs and how it can help you as a person with your overall health, mental fitness, well-being and how it can relate to your trading success. So let’s jump into it right now. This is weekly video and podcast number 651. It’s Andrew here at The Forex Trading Coach. And something different for you today. Dr Joe Jacko introduction. Really excited by the chat we’re going to have today with Joe Jacko from Columbus, Ohio over in the US. Joe’s a physician and medical doctor. And we’re going to be talking medicine and banking and finance and talking about the press, things that have happened over the last number of years and how we can help you to potentially think a little bit differently to help you with your, your medical and your financial situation. So welcome along, Joe. Great to have you here. Dr. Joe Jacko Yeah. Thank you Andrew, I appreciate the opportunity. Andrew Mitchem Yeah. Really looking forward to this because I think we think a line on on many things in life. Joe where. Dr. Joe Jacko Would you like to start? Like, hey, before we start, can I just acknowledge your work that you do and bring in timely financial matters to your listeners? Andrew Mitchem Yeah. Cool. Thank you. Dr. Joe Jacko I appreciate that appreciate it. I hope they continue to give you a good rating so you can continue to do that. Andrew Mitchem Yeah. Look, I mean we work hard to make it work for people. You know, we’re real people. We don’t pretend that we’re in some high rise in London or New York where I’m stood here, you know, shorts on, no shoes on, talking to you here, dressed up at the top to make it look a little bit more professional. But, you know, we’re real people doing real things. So that’s why, you know, I think it works. We’re not we’re not pretending to be something we’re not. Yeah. Joe, maybe if you could give everybody a bit of a background, over what you do, what you found, and what you’d like to discuss in this video and podcast. Dr. Joe Jacko Sure. Well, I’m starting my 37th year in clinical practice. And in addition to practicing, what I primarily do now is try to help patients navigate the medical information landscape. I think we all know that there’s some misinformation out there, and I also help patients try to regain control of their health by helping them ask questions of their doctors so they get the most complete information. Okay. And interesting enough, you know, some of this misinformation out there, it really comes from the profession itself. And people may find it surprised to hear that from a physician or a doctor. But it’s taken me about two thirds of my career to come to that conclusion that sometimes we in the profession are the problem, right? Are doctors and the medical industry to blame? Andrew Mitchem Was there any one particular time or point something happened that made you kind of change? Dr. Joe Jacko Yes, there are three. So I wrote a book that kind of goes over all this and it’s called bamboozled, duped and hoodwinked. The keys to escaping the tricks, deceptions and the half truths of the medical industry. And I point to three incidents in the in the book. So one was fairly about halfway through my career. I was given a talk on anabolic steroids. And as I researched, did I realize that a lot of what we were taught as physicians was not complete and that these steroids, although, you know, I don’t encourage their use, they weren’t nearly as dangerous as we were being taught as physicians. And we were in turn trying to scare our athletes from using it. And then the third incident was really had to do with Covid. And I just really thought we went off the rails in terms of our ethics. And I had a hard time following the crowd on that one. Yeah, yeah. Andrew Mitchem Me too. Dr. Joe Jacko And that’s that’s what prompted me to write the book. Andrew Mitchem Yeah. Interesting. That’s really interesting. You talk about book, completely different type of topic. But years ago I thought and I said to my wife, I want to write a book called The Ants and the bees. And the reason I wanted to record it, the ants and the bees, is because you get the bees ordering the hard work. The ants order in the hard work, and they’re all following that pattern, that routine. And I think within society today, more especially now than ever. And like I said, a lot of people kind of woke up during the Covid era, both on that financial and that medical side of things. Everybody just blindly follows what the press say, what the news says. And I don’t know whether it’s they don’t have time or they don’t want to know in terms of looking elsewhere. We’re not taught to think for ourselves. Dr. Joe Jacko Right. Yeah. We’re kind of taught to I think we’re all taught to just kind of blindly follow our leaders and our authorities, and we need to take some time and take a step back and really think for ourselves. And in fact, in the book, I dedicate the book to the independent thinker. And I think that’s the audience that you’re appealing to, the person who will question things and come to their own conclusions. Andrew Mitchem Yeah, that’s right. And in finances as well. Like I remember as a kid growing up on the farm, a parent’s used to get like the bank manager coming back in the day when the bank manager turned up at your place and they said, this is what you need to do to get to retirement. And, and I was thinking, even like at ten years old, I was sitting there thinking, that sounds boring. You know, you’re working and working and working in the hope that you get to 60 or now it’s probably closer to 70. And these days most people are not in a good physical condition. Time to get to 70 to actually go and enjoy that life. And I thought. Dr. Joe Jacko Yeah, we’re kind of caught between our age, our, our health and our wealth, and rarely to all three of them lined up to take advantage of the situation. Andrew Mitchem Correct. And I think there’s a mindset thing as well. You know, there’s a whole, you know, that whole rat race going on and people are just getting more and more sort of blindly following what they have to do. You know, they get up because of their llamas. They’re so to go to work for someone else, to sit in traffic, to dress really nicely, to please someone else, to come home. And it’s dark. The kids have been looked after by someone else. They’re tired, they eat rubbish, they go to sleep and repeat and it’s like, surely there’s a better way than this. Dr. Joe Jacko Yeah, we’re definitely in a rat race, and I’m sure you probably want your listeners to get their money to work for them instead of them working for their money. Andrew Mitchem Yeah, you’re right. And there is that about it. And there’s also the fact that they need to, you know, people want to become independently, you know, sort of able to do this. I think that’s one of the things it’s like, well, if you hand your money over to someone else or these days a robot or AI or something like that, and even if it makes you some money, there’s no mental stimulation. There’s no like, you know, I will say to my, my traders, you got to control your head, in your heart in trading because obviously it’s finances and emotion. But also I think the positive is if you know what you’re doing and you can invest for yourself and you get a good outcome, how good that makes you feel, because you know, you can continue to do this. Whereas if you hand your money over, you don’t know what they’re doing with it. Is it? You know what happens when results start going against you? You start getting a bit nervous. Self-educate yourself and do your own research. Dr. Joe Jacko Yeah, you want to work with expert, but at the same time, I think you really want to self educate yourself on regardless of the topic, so that you know what questions to ask your experts, whether it be your financial planner or your your physician. Absolutely. And yeah, you need to be well educated. That’s one of the things I really encourage with my patients. And in the book is everybody’s got to do their own research. Yes. So that, you know, what questions to ask your physician and make sure you’re getting all the information you need. Andrew Mitchem Yeah. I mean, I see the, you know, the supposed healthcare system as not health care system. It’s like, you know, its appeal system and it’s a money system, right? Whereas there’s so many other things that people with a little bit of simple research could go and do to go more natural or look after themselves physically and mentally. I find that with the trading point of view is that, you know, mentally you need to be alert. Obviously, to do this properly and physically you need to be in good shape because, you know, a lot of people are sitting at a desk all the time, and I think it’s really important that you don’t sit looking at like from a trading point of view at charts all the time. You make your decision. Place your trades, shut the computer off, walk away, do something else. And I think that whole work life balance can be a, you know, achieved once you know what you’re doing, right? Dr. Joe Jacko Yeah. Need some balance. Definitely got to quit sitting as much as we sit. Andrew Mitchem I’m standing right now. Yeah. Dr. Joe Jacko Well I’m sitting. Andrew Mitchem Yeah, no, I stand. I like I said to you, you know, before we started, I wear my blue light blocker glasses at the screen normally, you know, we try to do all these things to look after our health. And what would you suggest in terms of maybe some, you know, tips and tricks for information of people, what they can do to look after the health, maybe differently to what they’re doing now. Dr. Joe Jacko Well, you know, we we tend to make everything more complicated than it really is. And a lot of the best advice are things you, grandmother or great grandmother probably told you in terms of getting some exercise, eating moderate eating, a well-balanced diet, handling stress, getting adequate sleep. And so that’s those are the things I would really focus on are more lifestyle. Now there’s a role for medications and there’s a role for supplements and other types of modalities. And what you really need is a physician or a provider that has a little bit of background in, in all these things, so they can steer you in the right direction for your particular problem. Yeah. One of the problems in the healthcare industry is we’re all of us, regardless of our specialty or discipline. We’re all kind of siloed in a certain area. So if you go to a surgeon, they’re going to talk to you about surgery. If you go to an internal medicine doctor like myself, we’re going to talk to you about medications. If you go to an acupuncturist, they’re going to talk to you about putting needles in you. And so, you know, you kind of we kind of select out what what we think we want and that determines who we who we see. Andrew Mitchem Yeah. That’s interesting, isn’t it? You don’t ever really get that full all round health comment. And like you said, how many times do people go to the doctor and the doctor says, oh, here’s a pill for that. But they never say, oh, what’s your home environment like? Or what food are you eating? Or how much sleep are you getting? You know that? How much sunshine are you getting? You know, people very rarely get that. In fact, we’ve been frightened to think the sun is bad for us in most cases, right? Dr. Joe Jacko Right. So, yeah, we have to you got to get a lot of much information as you can from a wide range of people. And so what I do is try to help them ask the right questions. We have a little cheat sheet that we give our patients on like seven questions that you should ask your doctor. And these questions are designed to number one, you want a doctor that’s going to partner with you, which is at least here in the US, is pretty rare. We’ve kind of adopted this model here in the US that I’m the doctor, you’re the patient, you’re going to do what I tell you. And if you don’t, you know you’re out the door. Yeah. And I never really saw the value in that. I think the best care is when you were partnering with you, the the patient and doctor are partnering together, working towards a common goal. Yes. And you know, that requires time. You got to get to know your patient and find out what their interests are and what their needs are and what they’re hoping to get out of their health and their life. Andrew Mitchem It’s interesting. I saw a very well known, I won’t mention his name, British doctor and cardiologist who came to New Zealand a few years ago during the whole Covid times, and he did a complete flip in terms of he was very pro, you know, the medical system. And then he saw what was happening and he changed his whole opinion, and he gave a speech not too far away from me here. And we went to see him. And he said, it’s incredible the amount of there’s a lot of reasons why he thought that doctors are kind of stuck in the system. One is obviously the monetary and the incentive side of things to push certain products. But also, he said, they’re so busy that they just don’t have time to do automated research and, you know, the next person’s waiting and then the next one’s waiting. You’ve got to get numbers through the door. But also, he said that during their training, the amount of time they spend on nutrition and things like that is like a week out of 5 or 7 years. It’s such a small amount of time. Dr. Joe Jacko Yeah, you make a couple of good points. We are so busy doing clerical work, I think we don’t answer up and say, just tell me what to do and I’ll do it. Yeah. So we become these little compliant worker bees. Yes. And so some of that’s our fault though too. So that’s a big problem. So those are two good points that you made there. Food – the good, bad and the ugly. Andrew Mitchem Yeah I thought it was fascinating that he came out with those points. What can people do in terms of like food. You know I was in the States last year for a month on holiday or vacation with my wife. We had some amazing food. I’m a big, you know, barbecue meat eater. I had some great food. And then you look around at some of the packaging food and the volume of food that people have and the man of sugar. And you look at it and you think, my goodness, that’s a that’s a problem. Dr. Joe Jacko Yeah. The American diet is probably not the diet you want to follow. Andrew Mitchem Not really. No. Dr. Joe Jacko And the serving got the restaurants are huge. They’re usually enough for two people. And then you know, we had the World Cup here in the US and we had a lot of people from other countries coming here. And a lot of things they were talking about was the food. Yes. And the servings and just the wise variety of selection. Yet you can get here in the US. Yeah, but our food is pretty doctored up. It’s very tainted and highly processed and manufactured and not the healthiest. Andrew Mitchem What can like. I’m very lucky. We live on 11 acres. We grow our own food as best we can. We live kind of, you know, self-sufficient, mostly. And that includes, like, water as well with rain water and treat it and things like that, you know, grow our own food, meats, etc. but obviously not everybody can do that either time wise or available land. And what kind of things could people do who don’t have that space available to grow some food? Is there a few things. Dr. Joe Jacko In terms of the food you want to eat, things that are most natural state as as possible? Yes. So that means really avoiding the processed foods. There’s maybe 3 or 4 simple tips that I tell with most patients. Number one, chip shop the perimeter of the grocery store and don’t and try to avoid anything the box bad bad can or jar. Yes. Which is pretty difficult. And the other thing really important nowadays we’re learning more about these microplastics. Yeah. Invading like all our live our heart but even our brain, you know, many of us are walking around with a teaspoon of plastic in our brain. Andrew Mitchem Yeah, yeah. Dr. Joe Jacko And so you really want to avoid the plastic? You know, I think we need to go back to paper and glass as much as possible. Andrew Mitchem Absolutely. Glass for storage. Dr. Joe Jacko Right. Andrew Mitchem Absolutely. What about things like farmers markets and organic markets. Oh yeah. Yeah. You know those type of things as well. If you have. Dr. Joe Jacko You know, I don’t know how it is in New Zealand, but in the US, the food labels are really kind of misleading because they have a lot of leeway. So it says, you know, 20g of protein, it may only be 16. And if it says, you know, only 100 calories, it may be 120. And if you know the trans fat thing too, it could be 1%. They can get away with saying zero, those types of things. Andrew Mitchem And so you would be seeing a definite relationship, I’m guessing, between people who are healthy and they’ve got physically, and then they have the mental stimulation to be able to go and, you know, think and work at certain things. Whereas other people who are getting more and more potential beasts and, you know, they’re not thinking with clarity, would there be some kind of relationship there. Dr. Joe Jacko Right, that if if you were to take most patients complaints and distilled into one word, what they want is energy? Yes. And so people who are eating properly and exercising, they tend to have more energy and they’re just more optimistic. And they kind of get into an upward spiral. And people who aren’t exercising and eating poor food, they’re defeated and tired. Their mental outlook is down. So like for people with mental health disorders, one of the things they should do is really the first thing they probably should do is change their diet. Andrew Mitchem Yes. Yeah, absolutely. Dr. Joe Jacko So you get a little bit exercise before, you know, before we start promoting medications. And although there’s a role for those but we’re too quick in here, at least in the US, to prescribe medications for a lot of things that can be addressed through lifestyle. Physical work and exercise. Andrew Mitchem Yeah, absolutely. And what about getting outside as opposed to you see, like a lot of people like personally, I’m not a gym person. I couldn’t think of anything worse, only because I had the ability to get out inside in a beautiful environment and do physical work, and I get more mental stimulation from, you know, chainsaw and cutting logs, for example, or gardening. Then I would pumping iron all day in a gym. So to me, fresh air and sunshine is just as important. Dr. Joe Jacko Well, for sure. I mean, as soon as I get home from the office, I go out on my deck at my home and I actually do some work out there with this, you know, sun beating in my eyes. Although we don’t get a lot sun here in Ohio, but not like you do there in New Zealand. But you make a good point. You don’t have to do the structured exercise, you just have to be active. So if it’s walking or chopping, chopping wood, that’s great. Yeah. You only have to be pumping iron. Andrew Mitchem No. Dr. Joe Jacko No, I’m sure you’re aware of the blue zones and a lot of those, you know, those are places throughout the world where people tend to live. A higher percentage of people live to be 100. They’re just generally active. They have their own gardener kind of doing what you’re doing. They’re growing some of their own food. Yes. And they’re just physically active throughout the day without necessarily weightlifting and you know. Right, right. Andrew Mitchem Yeah. You don’t need to go and drip sweat just to be fit. You just need to be outside doing things. And. Dr. Joe Jacko Right. Most of us are center we. That’s kind of a quick way to correct that problem is to go to the gym. Andrew Mitchem Oh yeah. Yeah. No, I, you know, fully accept that for some people that’s their option, which is absolutely fine. But I think if you. Dr. Joe Jacko Have you talk about being outdoors, you know, one of the things we didn’t do in Covid compared to the Spanish flu back in 1918 and 1920, when they go back, the people who fared well during that Spanish flu outbreak, they were treated outdoors. That’s right. And in sunlight. And during Covid, we did a complete opposite. We locked people up and shut them out indoors and had them surrounded by other sick people. Andrew Mitchem Well, we were told here by our very famous, but not my best friend at the time, Prime Minister, don’t go out. Don’t talk to your neighbors. Don’t do this. Don’t do that. Phone up someone who you see talking. You know, it was it was awful. The the fear that they put into people at that time was just horrendous. And it had no mental health benefits at all, right. Dr. Joe Jacko And unfortunately, I think all our institutions do that, whether it be the education system, the banking and financing, we we are they motivate us by fear. People still follow and trust the mainstream media. Andrew Mitchem Correct. So that leads on nicely then to things like press, TV, media and whether it be finance or health or anything else. Why is it do you think that so many people are trusting in those institutions, even though with a bit of thought you can see that most of them are not good, but people blindly continue to watch, listen, read. But also the thing that annoys me is that whether it be again be finance or through financial crashes or whatever it might be, governments, councils, most of those people with authority don’t end up having any consequence. So then we believe the next one thinking they’re going to be better. We vote in a new government thinking they’re going to be better, right? Dr. Joe Jacko Yeah, we we’re just conditioned, I think, for the registration system to trust authority. And you can respect them, but you don’t necessarily have to trust them all the time. And I think the hard part is trying to figure out when can you trust them and when when you cannot. Yes. And I think there’s you know, I think we all have like, this built in radar that tells us, you know, something’s not adding up here. And whether it be, you know, with financial information or medical information, whenever that happens, you really need, you know, you really need to trust your instincts on that. And then take a step back and start asking some, some questions. And probably the most important question is why? And if he has that long enough, generally you get to the core of a problem. Andrew Mitchem That’s right. You keep asking why? Why someone saying this? What’s happening here? Why? Yeah. Dr. Joe Jacko And the other thing too is I think we, you know, we kind of email this, that we tend to trust people who really pay no consequence for the poor decisions they make on our behalf. Andrew Mitchem That’s right. Yeah. There’s no consequence for most things, are they? Dr. Joe Jacko Yeah. They don’t pay any consequence for their bad decisions and we have to live with them. Andrew Mitchem That’s right. And as traders or people in business, people who are self-employed, business owners, if you make bad decisions, there are consequences. Clearly, you know, bad trade, bad results, lose your business. People become unemployed. But it just staggers me how these people move on or get taken on by another institution somewhere else, even though they’ve obviously failed at what they did. You know, last. Dr. Joe Jacko Time, I think in government you kind of fail up, you know? Andrew Mitchem Yeah, yeah, it seems to be. And it’s amazing that they get more and more money or they retire. They still get these huge retainers or security, whatever it might be. Perks of travel. Yet they completely failed at what they did. And people are just hoping that the next person in charge is going to be the one to trust this time, right? Dr. Joe Jacko I think that it gets to the point of you. You have to rely more on yourself. And I don’t think I think we’re too quick to want other people to solve our problems, particularly if it’s the government. Yes. And generally they make generally they create the problem and then they try to fix it and they make it worse in the in the process. Least. You know, that would be my opinion. Andrew Mitchem That’s right. Yeah. Yeah. And one of the things I find with a lot of people who I teach is they generally, you know, the good people who do well are the ones who are independent thinking, who do want to do something a little bit different, who don’t want to rely on. Here’s some money handed over to the bank or whoever it might be. And you don’t have to do that with all your funds. And you know you can trade for other people, but it’s just there are other ways of of creating a passive income. And also. Dr. Joe Jacko I think a lot of people are afraid to make mistakes. So they correct. They’re very so they’re not willing to try new things, whether it be investing in forex or bitcoin or something else. They don’t want to take the time to learn how to do it properly. Andrew Mitchem Yes. Is there also that fear of being looked at slightly differently? I know when I started into trading, I just sort of recently got divorced, but I was looking after a young child and I remember people saying to me, oh, look, you need to go and get yourself a proper job. And, you know, and, and I thought, well, I can’t actually go and do that. I’m looking after a kid. And, you know, it’s quite hard to do that. But, you know, there was always that in the back of my mind, everybody says, go get yourself a real job. You know, you’re wasting your time doing this. And I see that whether it’s finances or, you know, people when it comes to medicine, they just want to follow what other people, what you perceive other people think you should do. Dr. Joe Jacko Right? Yeah, we’re pretty motivated. Or we tend to leave lead lives that we expect. We that others think they want us to leave. So we’re trying to keep them happy rather than trying to really do what we really what we really want to pursue. Andrew Mitchem That’s right. Yeah, exactly. And and as we all know, life. Dr. Joe Jacko Be a little quick. Andrew Mitchem I’m sorry. Dr. Joe Jacko You have to be a little stubborn and stick to your guns. This is what I want to do. This is what I’m going to do it. And, you know, heck, with everybody else out there. Andrew Mitchem Yeah, I think the whole black sheep mentality is not a bad one. You know, it’s, it’s good to be different. You know, you’re not going to get it right every time, especially as like an entrepreneur type of person or, you know, thinking differently about your health. It’s not everything’s going to be perfect. But I think. Dr. Joe Jacko Well, you know, security is part of that. We think. Yeah. And so I think we feel comfortable if we’re part of the majority. And I historically have found that I do better if I go the opposite direction. You know. Andrew Mitchem It’s like that phrase you hear, you know, you always hear the when you jump in the back of a taxi or, and Uber. And if a cab driver says by then you sell and then do the opposite. Hearing is the majority and you’ll probably do quite well. Dr. Joe Jacko Right? Health cheat sheet – link is in the description. Andrew Mitchem So, Joe, what can like what can you offer people? How can obviously we have a, you know, the forest training coach. We have clients right around the world. You know, people are always interested in health and finances because I think the two correlate massively together. And what can people do to find you? What can you help them with? Dr. Joe Jacko Sure. Well, I have a website called JackoMD180.com and we do have an offer for your for your listeners. And it’s called the Energy Reclaim Playbook. So what they’ll do is they’ll go to forecast forex excuse me Forex.JackoMD180.com and they’ll put in some information and then we’ll send them some a couple components. One will be a trial of the website which has about 1200 articles that will teach you how to regain your energy. Both exercise, nutrition and I do a lot of hormone replacement to particularly with males. And then we also have that doctor cheat sheet I was referring to where we have seven questions that are designed to help them find a physician that will partner with them, that will work with them and help them, you know, reach their health goals, as well as teaching you questions to ask so that you get the best information and all the information you need to make the best healthcare decision for yourself. A lot of times we’re kind of making the decisions for our patients, by the way we present the information and we’re kind of leading you down a direction we want you to go, and not necessarily one that’s best for you. So if they go to the Forex.JackoMD180.com, they can put in their information and we’ll be sending some information to their inbox. Andrew Mitchem Awesome. Thank you for that. And of course I’ll put a link to that website as well that URL here. Do you think that it’s probably the health side of things is probably a combination of a lot of things? You know, to me, there’s not just one answer and, you know, it’s from I’ll give you an example of the things that I try and I don’t know which ones are better or worse. You know, I do grounding, so I try to wear no shoes as much as possible. Have a grounding met on the bed. I drink lemons and two and ginger and garlic. Each day. I do the sauna and the cold plunge and you know the physical work. There’s all these things like the blue light blocker, glasses for the screens and all those type of things, and I can’t tell you which one’s better or worse, but I know that a combination of all of them, the different types of waters that I drink, hydrogen, water, they all add up to make you feel better. Would you agree. Dr. Joe Jacko That the whole key is to tip the odds in your favor, that you’ll live healthy and not only healthy and longer and more productive lives, that you can have ongoing impact on those around you? So much of what you’re doing is what our practice does here in Ohio. You know, we have a medical practice, but we also have a fitness center. We have hot, hot saunas and coal plunges. So yeah. So I think you just want to stay stay current on the on the literature and try to incorporate those things into your daily routine as much as possible. We talked a little bit about a little bit about avoiding plastics. You want to do that for sure? Yes. Eat organic. Eat natural foods as much as possible. Get the proper sleep. Stress management is a big one, and I’m not sure how it is in New Zealand, but we have a of depression anxiety here in the United States, and I think a lot of it has to do with the financial situation. A lot of this 20 year olds just see no, no hope in the future of owning a house or. Andrew Mitchem Yeah. Dr. Joe Jacko I think moving up the ladder pretty. Andrew Mitchem You know, we’ve got five kids and I think that’s pretty tough. You know. And I suppose every generation thinks that housing’s a hard thing to get into. But it does seem particularly hard. Earn their or your money just doesn’t buy you much. You know, people were living. I’ve just come back from two weeks in Australia and beautiful, you know, environment. But most people on the east coast, Australia are living in big high rises and little boxes and I’d be so depressed saving in that. But, you know, it just seems that what people can afford now is just giving them a little box so that like we said earlier, they go to work, they earn the money, they dress up smartly, and they spend all their money on that. And then they have to go to lunch because everybody else goes to lunch and you come back and you’ve got nothing for it. And that whole we’ll just keeps rotating. Dr. Joe Jacko I think part of you got to have your, your priorities. So what’s important to you and then allocate your funding, you know, to help get reach those goals. Priorities and how you spend your money and time. Andrew Mitchem And there’s an interesting point that I was mentioned. And it’s so obvious when you think about it. And when people go, I don’t have time. And that’s always excuse. And people go, oh, I start your course sometime, but I’m too busy right now. And it’s like, well, all of us. Doesn’t matter where we live in the world, how old we are, what race we are, how rich or poor we are, how else are we are? We all have 24 hours in a day. It’s how you use it, right? Dr. Joe Jacko Yeah. Warren Buffett has 24 hours, just like you and I. Andrew Mitchem That’s exactly right. We’ve all got the same time and we’ve all got less of it left. So it’s really important that people, you know, hope. Dr. Joe Jacko I think we’re making excuses for our shortcomings. Yeah, they have a hard time looking in the mirror and taking responsibility for our shortcomings. Andrew Mitchem Yes, it’s all about getting those priorities right and and and setting those goals and and starting today. Dr. Joe Jacko Yeah. So just start you know, we just wanted start with one discipline and then, you know, just add 5 or 6 disciplines that you do every day, whether it be in your health or your financial situation or your relationships, just do half dozen things every day consistently. And I think you’ll see improvement in your life in, in many different areas. Andrew Mitchem Yeah, absolutely. Thank you very much for your chat today. I really enjoyed it, and I hope that it’s made a lot of, you know, maybe triggered a few ideas for people with health and finances both important of course. Dr. Joe Jacko I appreciate it. Thank you Andrew. Andrew Mitchem It’s been awesome chatting to you. Thank you Joe. Dr. Joe Jacko All right. You have a good one. Episode Title: #651: Your Health Could Be Ruining Your Trading Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here to Download Dr Joe Jacko’s Health Cheat Sheet

The Forex Trading Routine That Gives Me My Life Back Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #650: The Forex Trading Routine That Gives Me My Life Back In this video: 00:30 – Trading while on holiday. 00:45 – I know what I’m trading when the market opens. 01:27 – You don’t have to trade more than once a day. 02:08 – Trading while working or travelling. 02:22 – You don’t have to trade sessions – it’s a myth. 03:04 – Check out my new Masterclass. 03:15 – Blueberry Markets as a Forex Broker. Can you trade successfully just 1 time a day as a full-time trader? Well, absolutely you can. And that’s what I’ve been doing for the last 2 weeks since I’ve been here in Australia on holiday with my wife. I’ll explain exactly what I’ve done and how you can do the same. Let’s get into it right now. Hey Traders! Andrew here at The Forex Trading Coach with video and podcast number 650. Trading while on holiday. Currently on our last day in Australia, and we’re currently in Brisbane, as you can see behind me with the bridge and the cityscape behind that. So it’s currently Sunday and I’ve already been through the daily and the weekly charts for the beginning of next week. know what I’m trading when the market opens. This time tomorrow I’ll be on a plane flying back to New Zealand, and so it’s really important for me to already know what I’m looking at taking. I’ve been through the charts, I’ve scanned through them, I’ve got 2 daily charts setting up really nicely, and I’ve got 4 weekly chart trades. So as soon as the market opens, I can go straight to those 6 charts. I can look at them and I can make a very informed decision if I want to take those trades or not. Now, barring any major opening gaps, I will certainly be taking those trades. So it means already my Monday is just going to be literally a few minutes looking at the charts, confirming and placing the trades. And that’s the beauty of knowing what to do and trading just 1 time a day. You don’t have to trade more than once a day. Now normally at home I’ll look at the charts 2, sometimes 3 times a day. But while I’ve been here in Australia for the last 2 weeks, I’ve just traded just 1 time a day, traded the daily charts and the weekly charts only and, you know, done very well from those trades, and you can do exactly the same. And don’t forget, as I’ve mentioned many times, at the beginning of the day you can also look at, say, like 12-hour charts, 8-hour charts and 6-hour charts. But tomorrow, being the beginning of the week, I’m just going to be focusing on those daily charts and the weekly charts that I mentioned, and it means that literally tomorrow I’ll be spending just a few minutes and placing those trades, and that’s my trading done for the day. Shut the laptop, jump on the plane and head home. Trading while working or travelling. Now I’m on holiday doing that. You can do exactly the same whether you’re traveling like me or whether you’re just, you know, normal day-to-day life going on. And it just shows that you can trade very, very well by trading just 1 time a day. You don’t have to trade sessions – it’s a myth. There’s a whole perception out there that you have to be sitting glued at the charts and at certain times of the day, like, let’s say, European session or US session. And people think that they have to trade these sessions. You don’t. It’s not important that you do that. It’s almost a bit of a myth that people think they need to do that. And honestly, after trading for, what, 21 years full-time, you do not need to do that. And there are far better ways of trading. And I love the set-and-forget approach. I love using strength and weakness, but I also love the fact that right now, on a Sunday, I’ve already been through the charts and I know exactly what I’m going to be placing tomorrow. It just makes life easy and it makes your trading enjoyable. Check out my new Masterclass. So if you’d like to find out more about how we do that, I can strongly recommend you jump onto my masterclass, and you can also find out about how we can help you to do the same on that masterclass. Blueberry Markets as a Forex Broker. And if you’re out there looking for a really good broker, they’re based here in Australia, and they’re Blueberry Markets. And there’s lots and lots of brokers that you can choose from, you know. And there’s some quite good ones and there’s lots of good ones. I’ve found over the years that Blueberry Markets are consistently very, very good. Fast withdrawal speeds, great conditions to trade, good spreads, good platform, good people to deal with. So I’ll put a link to them as well. So that’s it for this week. I’ll be back in New Zealand next week with more trading information just like this. I’ll see you then. Bye for now. Episode Title: #650: The Forex Trading Routine That Gives Me My Life Back Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

If You Only Have $1,000 to Trade Forex, Watch This First Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #649: If You Only Have $1,000 to Trade Forex, Watch This First In this video: 00:24 – Trading on holiday in Brisbane. 00:48 – Are you firstly profitable on your demo account? 01:30 – Position sizing on $1k account. 02:10 – Downsides to trading a $1k account. 03:20 – Trade the account properly. 03:48 – Forget how much money you are making. 04:22 – Focus on the percentage gain you make. I’m going to give you some tips about the best way to trade your account if it’s, say, like a $500 or a $1,000 live account. Let’s talk about that and more right now. Hey there, Traders! Andrew, The Forex Trading Coach for video and podcast number 649. Trading on holiday in Brisbane. I’m on holiday here in Brisbane with my wife. Been here for the last 10 days, having a great time around the area, and just received an email just a few minutes ago from someone that made a perfect video and podcast topic. They asked me, they said, “Look, I’ve got a $1,000 live account. How can I trade it? What are the best things to do and what should I be looking out for, you know, as a new trader with that size account?” Are you firstly profitable on your demo account? So to me, the important things are that you make sure that, 1st of all, before you go live, that you are profitable on your demo account. When you open a demo account, make sure you open that demo account with a similar size account than you would with your live account. So in other words, if this person is starting with $1,000 live, then start with a $1,000 demo. Don’t start with, say, like a $100,000 demo and then go to $1,000 live because it’s just not going to be the same. And the issue that I see with a number of brokers, you know, they sort of default to like a $100,000 or $500,000 demo account. And it’s just not real when you go live. So that’s the 1st point. Make sure that you’re profitable. Position sizing on $1k account. When you go live, if you do start with something like $1,000, you’re going to be really struggling when it comes to accurate position sizing. So you’re probably, on most trades, going to end up just taking 0.01 lots. There’s not a lot of choice that you have on that. Like, if you’re still trying to keep that low risk and high reward-to-risk out of your trading, but you are probably going to struggle a little bit more when it comes to the real accurate position sizing. So I’d suggest that you go 0.01 on pretty much everything, and if your money management allows you to go up higher than that, then do so. But, you know, you’re probably not going to get it very often. Downsides to trading a $1k account. And the issue that I see when someone has $1,000 now, for some people, $1,000 is a lot of money. For other people, $1,000 is basically play money. The downside for those where it’s play money is that they go, “Oh look, it’s just $1,000. I don’t really care if I lose it. I’m just going to, you know, just play around with it basically.” And the issue there is that they don’t treat their trading properly. The other scenario, when the $1,000 is a lot, is that I look at it sometimes and think, well, if it’s a huge amount of money for you, should you really be trading that $1,000? Would you potentially be better off understanding your strategy still, and then maybe putting some money into maybe a prop firm where you can prove to them that you can trade properly? Because, of course, you could do that with maybe, you know, $50, $100, a couple hundred dollars, depending on the size of the prop firm account that you’re going into. But you might be better off rather than trading that $1,000 of your own money and trading that prop firm’s funds. But of course, once you know what you’re doing. Trade the account properly. So whichever way that you go, the important thing is that you trade it properly and you treat it like it was a lot more money. And so the key there is, like I said, low risk, low lot sizing, trading it properly. If your strategy says you close before the weekend, make sure you do it. Don’t just go, “I don’t really care if it stays open over the weekend,” you know. And if that’s not your strategy, make sure that you treat it properly. Forget how much money you are making. The other important thing to make sure that you do well on that $1,000 account is don’t worry about how much money you’re making. A lot of people say to me, like, “How can I make a living off trading with a $1,000 account?” And the answer simply is you can’t. But it doesn’t really matter. The point of a small account is to get you into the mindset and the mentality of trading live because it affects your head and your heart when you start trading live money as opposed to demo. And that’s the downside, of course, with demo. You never have those true emotions in your trading, whereas you do when it starts to become real money. Focus on the percentage gain you make. So the key is not whether you can make, say, like, you know, turn your $1,000 into $2,000 or $5,000. That’s just silly. This is gambling. The key for me is, let’s say that you turned your $1,000 into, say, $1,200 or $1,400, $1,500. You know, it’s a 20%, 30%, 40%, 50% return on your account with low risk. And then you can start compounding on that and getting more accurate position sizing once you start getting into, you know, up to $1,500-$2,000 and beyond. So really important that you understand the trading 1st, that you’re profitable, you’re comfortable 1st, and then trade your small $1,000 account, if that’s the way you want to go, properly. And make the mistakes on the demo. And also you’re going to potentially make a couple of mistakes when you 1st go live as well. That’s fine. That’s just part of the journey. But it’s not going to cost you an absolute fortune. So I hope that helps. This is Andrew here at The Forex Trading Coach, enjoying Brisbane here, and I’ll see you this time next week. Bye for now. Episode Title: #649: If You Only Have $1,000 to Trade Forex, Watch This First Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

This 10-Minute Trading Routine Saves Me Hours Every Day Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #648: This 10-Minute Trading Routine Saves Me Hours Every Day In this video: 00:26 – Important to trade a routine. 01:02 – Helps identify Strength and Weakness. 01:34 – Also trade H12, H8 and H6 charts. 02:20 – Eliminate pairs you don’t want to trade for the day. 02:55 – Only look at a candle on the close. 03:40 – Weekly chart scan. 04:32 – Check out my new Masterclass. 05:12 – Blueberry Markets as a Forex Broker. 05:26 – Use my 10 minute scan each new trading day. Today, I’m going to give you my 10 minute morning trading routine that saves me hours each day as a full time trader. Let’s get into that more right now. Hey there, Traders! It’s Andrew here, The Forex Trading Coach with video and podcast number 648. Important to trade a routine. I think it’s really important that you have a routine in your trading. I think it’s also really important that you don’t spend too long doing your trading. But to do that, you need to know exactly what to look for. Now I have a very easy to follow and implement 10 minute trading routine that I do each day, and I do this at the completion of the trading day, which is 5 p.m. New York time. Now that happens to be my morning time here in New Zealand. And each day I go through the daily charts at the completion of the daily charts, when they’ve closed at 5 p.m. New York time. And that allows me to quite easily in 10 minutes, go and scan through the charts and see what’s happening in the markets. Helps identify Strength and Weakness. I can easily identify strength and weakness. I can see which pairs looking like they’re all moving up. So let’s say all the Euro pairs for strong that day. And therefore that gives me the bias that maybe the euro strong. And maybe I should be looking at the pairs that have weakness and strength in the euro. So example let’s say the US dollar was particularly weak all day. And I can see that the euro strong. Well, that’s going to give me the bias that maybe the EUR/USD might be worth looking at, depending on its candle pattern and it’s room to move, etc. when trading for that day. Also trade H12, H8 and H6 charts. So once I’ve scanned through those charts on the daily charts, I can also at the same time have a look through the charts on the 12 hour, the 8 hour, and the 6 hour, because, you see, they all close at the same time. And at that 5 p.m. New York time is a really important time for me as a trader. But if that doesn’t work for you, don’t worry about it. You don’t have to be trading at exactly that time. You see, the beauty of trading those longer time frame charts and the beauty of trading using limit orders is you’ve got hours and hours and hours to actually place the trades, because with limit orders, let’s say a buy limit, I’m looking for the price to move down first anyway and get me filled. So if you can’t place those trades, let’s say you’re in Europe until your morning time. Most of the time those trades are not going to get filled anyway, so you don’t have to be there. Bang on 5 p.m. New York time. Eliminate pairs you don’t want to trade for the day. Now, the other thing is when it comes to trading, is that because I’ve scanned through those charts, I’ve eliminated a lot of pairs. I don’t want to look at that day, and that’s going to massively help me throughout the rest of the day. My other important time that I like to look at charts is 5 a.m. New York time, because at that time, other timeframes such as the 12 hour. The 6 hour. The 4 hour, 2 hour charts also change over. And of course, it’s European daytime by then as well. So by doing the morning scan, I can then help shortcut any other trading opportunities that I look at later in the day. Only look at a candle on the close. Now the other important thing is to only look at a candle on the close. So if you are looking at, say, 4 hour charts, just look at a 4 hour chart. Once the candle is completed, if you’re 2 hours into a 4 hour chart, it’s pointless looking at it because it’s just going to move so much and you’re just not doing yourself any favors. You’re wasting time. So by identifying on the bigger time frame chart, the levels that I’m looking at, the pairs that I want to focus on, or the pairs that I don’t want to focus on. That 10 minute morning scan for me saves me hours every day. It also means that I’ve fine tuned what I’m looking for, and I know exactly what charts to go and look at throughout the rest of the day. Now, if you do this, it’s going to save yourself a lot of time and a lot of effort. Weekly chart scan. And think about this also because at the beginning of each week, I do the exact same scan on the weekly charts. Now, if I happen to have the weekly charts and the daily charts all showing me the same bias, let’s say EUR/USD on the weekly chart was bullish and on the daily chart it’s bullish. Well, guess what’s likely to happen that day. Now if I see a good bullish setup on let’s say a 4 hour chart, I now have strength on the daily, I have strength on the weekly and I have the quality set up, let’s say, on that 4 hour chart. So you can either use the scan to take specific trades based off candle patterns on the weekly charts or the daily charts, or use that information if you wanted to trade shorter time frame charts because you’re putting strength and weakness and that strength bias in your favor, it has to add more weight and likelihood to you having a successful trade. Check out my new Masterclass. So if you’d like to know more about how we do that and how we can help you to do the same, jump onto my masterclass if you’ve not already been on there. Look, we’ve been teaching people for over 17 years from right around the world. We’ve got clients in 111 countries. We know what works, we know what doesn’t work, and we know how to impart that information and that knowledge that we have onto traders. So whether you’re brand new and you’re just starting out in trading and you’re a bit lost and confused because let’s face it, as a it’s a minefield out there, or whether you’re that frustrated trader that’s been out there and, you know, tried everything under the sun and about to give up, well, we can help you as well. So jump onto that masterclass. Blueberry Markets as a Forex Broker. And if you’re looking for a high quality, MT5 broker that offers so many markets, tight spreads, great people, great communication, fast withdrawals, I highly suggest you can set up Blueberry Markets are put linked to them as well. Use my 10 minute scan each new trading day. So this is Andrew here, The Forex Trading Coach. Don’t forget the 10 minute routine at the start of the new day will save you hours. It makes your trading high probability outcome and makes your trading more enjoyable. And it also means you can do things like getting outside and enjoy the great outdoors, or do whatever it is that you want to do. But please don’t sit on charts watching every pip of movement. It’s just not enjoyable and it’s not sustainable. Do the opposite. Trade less high quality trades, controlled risk, high reward to risk outcomes and you’ll do well from your trading. Any questions? Send me an email, Andrew@TheForexTradingCoach.com I see this time next week. Bye for now. Episode Title: #648: This 10-Minute Trading Routine Saves Me Hours Every Day Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

I Never Move My Stop to Break Even... Here's Why  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #647: I Never Move My Stop to Break Even... Here's Why In this video: 00:30 – Should you move your stop loss to breakeven. 01:05 – No relevance to the price you entered. 01:40 – Alternative ways to manage a trade. 02:38 – Take the full profit not a partial profit. 04:00 – Check out my new Masterclass. 04:12 – Blueberry Markets as a Forex Broker. 04:27 – Forget moving your stop to breakeven. Do you realize that the market doesn't care why you entered the trade or where you entered the trade? So why do people have this massive obsession with moving their stops to break even all the time? Let's talk about that and more right now. Hi there, traders! It's Andrew here at The Forex Trading Coach with video and podcast number 647. Should you move your stop loss to breakeven. Outside on another stunning winter's day here in Nelson, New Zealand. So today I want to talk about moving your stops to break even. Why do so many people do it? I've had so many discussions with people. It's got me into a bit of trouble in the past at certain trading conferences that I've been to because of my opinion. Now, I'm not saying don't move your stop to break even. If you have a strategy and it works, go for it. I'm not saying you shouldn't do it. But my question to you is, why do you do it? And what's the point in doing it? You see, so many people just think moving their stop to break even is a safe way of trading, and it protects losses, which in some ways it can do. But there are so many better things you could do. No relevance to the price you entered. You see, for me, moving a stop to break even has no relevance. The market doesn't care when you entered the trade, why you entered it, or what the price was. So you've just entered the trade at some random price. You're in the trade now. Simply putting your stop loss at that entry price, what does it mean? It means nothing. Technically, it means nothing. If you're a news trader, it means nothing. What is the point in doing it? And for me, it's just a bit of a fluffy, feel-good thing. You know, pretty brutally honest, but I think it's true that people just feel okay about not losing on the trade. Alternative ways to manage a trade. Now, the issue I have with that—well, there are many. Moving your stop loss to that price point has no relevance. So what you could do instead is maybe close part of your trade. You could move your stop loss, if you really want to, but to a technical level. Don't just put it simply at the price that you got filled at in the market. You could, on a buy trade, let's say, put it below the last swing high, or you could put it below a round number and stagger the trade up as it gets into profit. That's 1 thing you could do. Of course, if you wanted to do those types of things or partially close a trade, I would do it for a reason. I don't just do it because, you know, you feel like it. Do it for an absolute reason. And I think that's the important thing here. We've got to try and get our emotions out of trading and manage our trades for a reason, not simply because it feels good. Take the full profit not a partial profit. The other problem I have with moving stops and messing around with your trades is when you close a trade early, what you're doing is limiting your potential gains. Now think of it this way. For most people, if they take a loss, they take a full loss. If they move their stop loss to break even, they basically get nothing from the trade on the entire position, let's say. But what happens if you've already partially closed some of your trade and it gets to the full profit? Well, you're not gaining the full lot size of your original trade when you hit profit. So when you say you made a 2-to-1 trade or a 3-to-1, whatever it might be, you might only be making that on part of your original lot size. So your actual overall gain is nowhere near the amount it should be. So for me, it's quite important that you enter a trade for a reason. You put your stop loss at a safe level for a reason. You know your risk, your complete risk, if the trade goes completely against you, and you put your profit target at a level for a reason. So therefore, if you're risking, let's say, 0.5% and you make a 3-to-1 trade, you make the full 1.5% gain. I think it's really important that you do that because, like I said, if you take losses, then generally you're taking the whole loss anyway. So you want to make sure that when you hit a profitable trade, you get the full gain on that. Check out my new Masterclass. A few additional things for you. Have a look at our masterclass. You'll find it really useful if you're new to trading. It's about 20 minutes long. I'll put some details under this video and podcast. Blueberry Markets as a Forex Broker. And if you're out there looking for a really good broker, I can highly recommend Blueberry Markets. They're a really good bunch of people, with very quick withdrawals as well, very tight spreads on their trades, and lots and lots of markets on their MT5 platform. Forget moving your stop to breakeven. So that's it for this week. Just consider breaking even. Consider not doing it. Consider better ways of doing it, and try not just to feel fluffy, nice feelings about your trade simply because you've made $0. Episode Title: #647: I Never Move My Stop to Break Even... Here's Why Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Watch Me Take 2 Live Oil Trades... Both Won in 31 Minutes  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #646: Watch Me Take 2 Live Oil Trades... Both Won in 31 Minutes In this video: 00:35 – Live trades taken on my European session webinar from 13th August 2026. 01:33 – 2x H1 Oil trades hit their profit targets in 31 minutes on a live webinar. 02:57 – 5 trades taken live on the webinar. 03:43 - Learn while you earn. 04:17 – European and US session webinars. 04:43 – Blueberry Markets as a Forex Broker. 05:03 – Gold Daily trades taken. 05:17 – Like, share and subscribe. Hey there, Traders! This is Andrew here at The Forex Trading Coach. If you're out there looking to become a good trader, there's nothing better than following someone in real time, asking questions, and seeing them trading. On our webinar just last night, I took 2 sell trades on UK Oil and US Oil. They both happened in real time. They were both profitable, and I'm going to share those video clips with you right now. Live trades taken on my European session webinar from 13th August 2026. Bradley and also Isaac just mentioned the UK and US Oils. Bradley on US Oil. Oh, sorry, Isaac on US Oil, Bradley on both. On 1-hour charts. Guessing they're going to be bearish. Oh yes. Very nice. Good spotting. Good spotting. Yeah, nothing wrong with those 2. Very nice. And the fact that they are both pulling back right now gives us just that little bit extra. There's 89.50, and it's bounced, I'm guessing, at 90 or pretty damn close to 90. Only a few pips away. So that's excellent. Got a round number in there of 83. Do you know what? I think they're both good. I'm going to take them both. Appreciate you finding those 2. 2x H1 Oil trades hit their profit targets in 31 minutes on a live webinar. Well, that one's very close. So is that one. There we go. Happy days. Now, only on very, very, very, very, very tiny amounts for me on here. Okay, so they're only at 1/8 because I combined to put them on the normal level. But regardless of that, how much I make or you make is irrelevant. It's the percentage that we look at, risk and reward-to-risk. I think we said on these, so it's about 44 pips and it's just about hit the profit target. So that's well over 2, wasn't that? Pretty much bang on 2. There we go. Just hit profit right then. And if we go to UK Oil, ooh, we're about a fraction of a pip away. Just got the spread. There's bid, ask, and there we go. Profit on that one as well. So really nice to see 2 live trades both hitting profit. Notice that they're both continuation trades as well. So UK Oil, US Oil, both hitting profit there. So thank you. I think that was Ryan and Bradley who found those 2, and I think Isaac as well. You mentioned 1 of them as well. So great spotting, and hopefully you all just made a profit on those 2 trades. Thank you, Dean, for letting me know. 5 trades taken live on the webinar. So there you go. Hope you enjoyed looking at those 2 trades and learning from them. So that's exactly what our clients do on all of our live webinars. I ended up taking 5 trades on the webinar live in the end, but those 2 I wanted to share with you because they're really quick trades. They were both in and out of the market in 31 minutes. Now, the 1st trade, the UK Oil, also had a 1.3-to-1 reward-to-risk, slightly lower than we normally take. However, you just saw the reason why I lifted my stop loss to above the round number of 90, just for that added protection. And of course, why would you not do that when you've got such a powerful level just there in the way? Use it to your advantage. The US Oil made a 1.7-to-1 reward-to-risk trade, so really good profitable trades in just 31 minutes. Both trades were taken live, and you can see the profitable results. Learn while you earn. So our clients not only could see me take those trades in real time, they could learn from them. And of course, if they took them themselves, which most people did, they made profit from those trades while being on the webinar. So again, it comes back to learning why we're taking those trades and seeing us do this in real time. You know, we're not hindsight traders. We're not just out there closing just good trades and ignoring the others. We're putting all of our trades there on the webinar in real time for people to see and follow, like we do every day with our daily chart trades. European and US session webinars. But our webinars are held in the European session 1 week, US session the next week. They're all live, they all get recorded, and so our clients have the opportunity to attend them live or watch the recording if they can't get on there live. And it's just such an invaluable resource. If you'd like to know more, I've put together a new video on our homepage at The Forex Trading Coach, and there's the opportunity to download a PDF there that gives you lots of information about how we trade and how we can help you. Blueberry Markets as a Forex Broker. If you're out there looking for a really good broker, I can highly recommend Blueberry Markets. You would have seen I took those 2 trades on that live webinar on my Blueberry Markets account. I'll put a link to them as well. I've been with them for years. Really good people, really good broker, very fast withdrawal times as well. You know, they're really quick to deal with and efficient as well. Gold Daily trades taken. And Blueberry Markets have lots of other markets available. Just today, for instance, I've taken 3 gold trades on the XAU/EUR, XAU/USD, and XAU/SGD. So lots of options there with Blueberry Markets to trade the market that's showing the best setup at the right time. Like, share and subscribe. Don't forget to like, share, and subscribe, and email me directly at Andrew@TheForexTradingCoach.com if you've got any trading questions. But I hope you enjoyed this video and podcast today, just sharing a glimpse of what we offer here for our clients to help make them successful traders. Episode Title: #646: Watch Me Take 2 Live Oil Trades... Both Won in 31 Minutes Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

The Trading Mistake That Cost Him 5 Prop Firm Accounts  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #645: The Trading Mistake That Cost Him 5 Prop Firm Accounts In this video: 00:26 – Remember hearing about Aesop’s fables? 01:33 – Trading luck on a demo account. 02:40 – Prop firm account failures. 03:42 – When I started trading, I had no idea what I was doing. 04:38 – Trading is harder than you think. 05:13 – Avoid the mistakes and view my Masterclass. 06:04 – Blueberry Markets as a Forex Broker. 06:22 – Questions, Like, share and subscribe. Have you ever confused trading skill with trading luck? I know I used to do it. I'm sure you've done it. And I've got a great story to share with you. Let's get into that more right now. Hey there, Trader! Andrew here at The Forex Trading Coach with video and podcast number 645. Remember hearing about Aesop’s fables? Do you remember as a kid you may have heard about Aesop's Fables? Well, I've got a story to tell you today that's a true story, and it's about confusing trading skill and trading luck. A number of months ago, I received an email from somebody who was saying, "I don't need to learn how to trade. I know how to trade, and I don't need your course because I know how to trade." And I was thinking, why is this person telling me this? Why are they wasting their time, or my time, telling me this? So I had a little look online at our database, and I saw this person had been on our masterclass. They'd downloaded my book and calculator, they'd been opening emails all the time, and I thought, that's strange. Why is this person so interested in what we do if they're so good? And it's fine if they're really good. Good on you, go for it. So I wrote back to him and said, "Look, that's absolutely fine. But keep in touch. If you want to send me some details, I will have a look." So he sent me his account details. Trading luck on a demo account. Of course, it was a demo account. All I could see was trading luck. I couldn't see any skill there. Now, of course, I couldn't tell his strategy and how he was taking the trades, but I could see the results. And yes, there were some very good trades on there in terms of monetary value. But when I looked at the risk and the stop losses and that type of thing, it was a complete fluke. I didn't quite tell him that in those exact words, but I said, "Look, it looks like your money management and your risk management are not great. They could be improved. We could certainly help you there. Have a look at some of my free videos." And I left it at that. He wrote back and told me, "Well, I certainly don't need your help." So this went around in circles. I was getting a little bit confused. I'm trying to help someone, they didn't seem to want the help, but they kept writing anyway. I said, "Well, good luck." And he wrote back and said, "I'm going to be a successful trader trading prop firms." So I said, "Oh well, again, keep in touch if you really want to, but good luck. Off you go." Prop firm account failures. Now, just this week I received an email from him saying that he has failed 5 $100,000 prop firm trials. They've cost him about $550 USD each, so you can see how much he's spent. And he's not made a single penny out of it. It's no surprise to me because, obviously, to pass a prop firm you've got to have low risk and low drawdown. You could see clearly this guy was never going to do that if he continued to trade the same way. So I kind of felt like going back and saying, "Well, I told you so." I also kind of felt like thinking, "Well, if you've just spent 5 lots of $550 USD, for way less than that you could have jumped on our course and be trading the way that we trade, with low risk and following what we do." I didn't tell him that, but I kind of felt it, and he's probably got that feeling himself. So when I think about Aesop's Fables, it's like you learn the hard way. A lot of those stories are the same. When I started trading, I had no idea what I was doing. When I started trading, I had no idea what I was doing. Look, I'm not saying I'm immune to this. When I started trading, I did exactly the same. I was trading on a demo account, and I was just randomly putting positions on here, there, and all over the place. Most of the time, no stop losses, just random lot sizes of 1.00 lots because I thought that's what I should do. I've looked at a lot of good trades as well. I distinctly remember showing friends at the time and saying, "I'm going to be a full-time currency trader because look at all these trades I've made. I've just turned a $100,000 demo account into like half a million dollars in about a month. Look at me." And I did well. Now, of course, that never happens in real time, in real life, in live accounts, because you soon figure out through the school of hard knocks, whether it's through blowing accounts or not being able to afford any more money, or like this guy, 5 failed prop firm challenges in a row, that trading is a lot harder than you think. Trading is harder than you think. You do need to treat it properly. You do need low risk. You do need some support and some help. And you do need a proven strategy. So it's quite interesting when you think about that. This guy could have saved himself a whole heap of headaches, a whole heap of time, and a whole heap of money, and he's still no better off today. That's the other thing. He spent 5 lots of $550 on prop firm accounts, and he's got nothing to show for it now. Sure, he might have learned a few things along the way, but he's not actually any better off in terms of his logic, his strategy, or any hope of making a return. Avoid the mistakes and view my Masterclass. So look, if you'd like to avoid being like him, and like I was at the very early stages, probably 23 or 24 years ago now, do yourself a favour. Jump onto my masterclass. Have a look. It's completely free of charge, with no obligation. Have a look. It's 15 minutes long, and please ask questions of us. That's what we're here for. We've been doing this for a long time. We've got clients right around the world, so we know what works. We know what doesn't work as well, and we're doing this ourselves every single day. I've just taken a 6-hour chart trade right now, just a few minutes ago, selling the AUD/USD. I've taken 2 daily trades so far today already as well. We've got several weekly charts on, and at the beginning of this week, the beginning of August, we took monthly chart trades as well, all for our clients to follow, learn from, and hopefully profit from as well. Blueberry Markets as a Forex Broker. If you're looking for a really good broker, I can highly recommend Blueberry Markets. I'll put a link to them. They're a great bunch of people, with really good spreads, lots and lots of markets on their MT5 accounts, and very fast withdrawals as well. So if you have any other questions, don't forget to email me directly at Andrew@TheForexTradingCoach.com and I'll see you this time next week. Bye for now. Episode Title: #645: The Trading Mistake That Cost Him 5 Prop Firm Accounts Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Most Traders Chase Win Rates... That's the Problem  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #644: Most Traders Chase Win Rates... That's the Problem In this video: 00:22 – Paul Tillman – Director of Coaching at TFTC 00:53 – On holiday/vacation in Europe and trading. 01:44 – As a trader, be prepared for the unexpected. 02:40 – Casino win rate and your trading win rate. 03:30 – High reward:risk trading in trading is key. 04:35 – Monte Carlo Casino visit. How would you like to achieve a win rate in the forex market that's much less than you can even get here at the casino? Let's talk about that and more right now. Paul Tillman – Director of Coaching at TFTC Hello traders, this is Paul Tillman. I'm the Director of Coaching Services here at The Forex Trading Coach, and this is video and podcast number 644. I want to talk about 2 things today that we encounter in the forex market. The 1st one is expect the unexpected for trading, and the 2nd one is achieving a lower win rate, much lower than you can get here at the casino in Monte Carlo. But you can get that rate achieved in the forex market and still do very well in your trading journey. So 1st is expect the unexpected. On holiday/vacation in Europe and trading. My family and I, we've been in Europe for the last 11 days. We started out in Paris and got to Disney, and then came down to Barcelona, Spain. And lo and behold, we found out that my wife was missing her passport. So we're in another country. Talk about things going unexpectedly. So just like in the forex market, we had to pivot. I had to take a flight back up to Paris, come back down to Spain, and then find the passport, get it, come back down, and meet the family just so we can be on this cruise right now. So what does that mean for the forex market? Well, many people think it's a get-rich-quick scheme. People show you spreadsheets. "Oh, it's so easy all the time. You can just sprint to the finish line and it's not a big deal, and you can just get rich fast." And that's just not true. As a trader, be prepared for the unexpected. You're going to have unexpected things happen in the forex market, just like our trip, all the time. You're going to have spreads that you have to deal with. You're going to have price spikes you have to deal with. You may not have a certain pair on your broker platform. You may miss a time frame change. You miss a trade. A trade may not fill you in. All these unexpected things that can happen on a trip can certainly happen in the forex market. You've got to be adaptable. Yeah, I was adaptable and took an early morning flight to save my family so we could go on a cruise and get home back to the US, back to North Carolina, where we live. And in the trading markets, you've got to adapt to all of that. You know, it's also news trading. What if you have round numbers and full Winter Band support? All of these things you have to account for, and the unexpected can certainly happen. But to succeed, you've got to deal with that. Well, the 2nd thing I want to talk to you about is the win rate. Casino win rate and your trading win rate. So here at the casino, many of the games you might have a 47%-48% chance to win. And that's because the house always has the advantage. So you've got a little bit less than a 50-50 chance of winning consistently in the long run in the casino. The great thing about the forex market is, and the way we trade with consistent risk management and a great reward-to-risk, great trading is all about reward-to-risk in the markets. I'm talking about 2-to-1 trades, 2.5-to-1, 3-to-1, 4-to-1. We're in some great British pound weekly chart trades just this week that, on the market orders, can have upwards of 5-to-1, 6-to-1, or 7-to-1 in the market. And so you can do very well with, say, a rate of even 35%-40%. High reward:risk trading in trading is key. So it's the 1 thing in the world, really, that you can get a less than 50% win rate and still achieve great results. Different things like sports. Our Carolina Hurricanes had a much bigger than 50% win rate, and they got in the playoffs and just won their 1st Stanley Cup in the last 20 years. Even in all sports like tennis, you've got to win more than 50% of the points. In basketball, football, you've got to make more than 50% of your kicks and all that. But in trading, you can have that lower win rate and you can still do extremely well. So what are we talking about today? Expect the unexpected when it comes to trading. Be adaptable, willing to make changes on the fly. Have a routine, even though things are there, subjectivity there. Then you've just got to go with the unexpected, trade your plan, and get it going. With the casino and the win rate, then you've got to make sure you have a decent win rate, but it doesn't have to be 50-50. Monte Carlo Casino visit. So I'm heading here. Going to go have a look at the casino, see if I can get that win rate for a little bit, and then head back on our cruise and our trip. Andrew will be back next week, but great to talk to you here from our Tillman trip in Europe, and we'll see you next week. Episode Title: #644: Most Traders Chase Win Rates... That's the Problem Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

The Best Forex Pair? Everyone Gets This Wrong  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #643: The Best Forex Pair? Everyone Gets This Wrong In this video: 00:22 – What is the best Forex pair to trade? 00:59 – Don’t limit your trading opportunities. 01:55 – Give yourself a higher probability of success. 02:25 – An example of Strength and Weakness. 03:50 – What are the current market conditions? 04:25 – Look at multiple FX pairs. 05:06 – Check out my new Masterclass. 05:15 – Book a call to talk with us. 05:28 – Blueberry Markets as a Forex Broker. Hey, traders! Do you know what the best forex pair is to trade? If you don't, listen up. I've got some interesting news to cover for you. Hey there, Traders! It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 643. What is the best Forex pair to trade? Now, I've been asked 4 times this week already by 4 different people. And it's the same question. It is, Andrew, can you tell me please, what's the best forex pair to trade? What should I be looking at? Now, what it does show me is that unfortunately, there's a lack of knowledge out there by so many people when it comes to trading, and they just always want to know what is the answer? What's the best thing, what time frame, what pair? What's my stop loss? Where should my profit target be? All those type of things. And it unfortunately shows that most people don't do enough research into trading. Don’t limit your trading opportunities. And the problem is, is that people see the major currencies like the EUR/USD or the USD/JPY, and they think that's the only pair I should trade. And I suppose, in all honesty, when I started, you know, it was the GBP/USD, the USD/CHF, the USD/JPY, and then later on the EUR/USD. And everybody thought those were the 4 pairs you should focus on trading. And the issue is, why just those 4 pairs? Now, when you think about it, all 4 of those that I've just mentioned are all US dollar dominated. And therefore, if you focus on pairs that are just US dollar dominated, you're not giving yourself a very good chance of success because they're all likely to move, much of the time, in the same direction. And because it depends if the US is strong or the US is weak. Give yourself a higher probability of success. And as a trader, I like to give myself the best probability chance of success. So when it comes to which pair is the right 1 to trade, I don't get aligned to any pair. I look at all the different pairs and you can very quickly scan through the charts, looking to see if there's a suitable trade there, yes or no. And the other reason I do that on a daily basis is because I also prefer to trade with strength and weakness. An example of Strength and Weakness. Now, give you an example. Let's focus again on the EUR/USD. What happens if for today the Euro is really strong and the US is really strong, and that's the only pair that you look at? Then you're trading 2 strong pairs together, and you see how the problem might come. 1, you're unlikely to get many setups or good setups. And what happens if you buy the EUR/USD because the Euro's got some strength, but you also know now that, and you would know this only if you look at more pairs. If you don't look at more pairs, you're not going to know this. The US dollar has got strength. So why would you be buying the EUR/USD if you know that the US dollar has got strength? And so, what about other pairs in the market? What about pairs like the CAD/JPY or the NZD/CHF? And so by analyzing multiple markets at the same time, you can soon understand which pairs are strong, which pairs are weak because, doesn't it make more sense to trade a strong currency against a weak currency? And so that, to me, adds more basis to my trading. And again, it's just adding more and more probability to my trading. So when someone says to me, what's the best pair? I can't answer it. And of course, there's more things on top of this, you know, to consider. What are the current market conditions? It depends on the day, what's happening in the market right now, what news has been, what news there might be coming up, what time frame chart you're looking at, what's the conditions? What's the time of year? Right now we're in the Northern Hemisphere summer. Does that mean that there's less price action in maybe, say, the Franc and the Euro? Maybe. You know, so all these things have got to come into it. What's the characteristic of the market right now? And so by picking 1 or 2 pairs and giving you that as the answer, that's not me doing my job. That's not what I suggest you do. Look at multiple FX pairs. I suggest that you scan through multiple pairs and give yourself a high-quality chance of a successful trade. Use strength and weakness. Use candle patterns. Don't limit yourself to just something against the US dollar. It's not a wise idea. And so there's a lot more you can be doing to help yourself there. And if you do want to look at pairs that include the US dollar, why not look at things like the AUD/USD or the NZD/USD? Because maybe if that US is still strong, maybe the Aussie and Kiwi are weak that day. So therefore you might be selling the AUD/USD or the NZD/USD. So all these things can certainly massively help you. Check out my new Masterclass. If you'd like to find out how we do this, and you'd like to learn from the way that we trade, have a look at my On-Demand Masterclass. I'll put a link to that here. Book a call to talk with us. If you'd like to book a call to speak to myself or 1 of my team, we're more than happy to do that. And we can cater for people right around the world. So it doesn't matter what time zone you're on, you can book a time with us and I'll put a link to that also here. Blueberry Markets as a Forex Broker. If you're out there looking for a really good broker where you can trade multiple time frames, multiple markets, multiple currency pairs, and non-forex markets as well, have a look at Blueberry Markets. I'll put a link to them here as well. So that's it for this week. This is Andrew Mitchem at The Forex Trading Coach, keeping you on the right side of your trades and putting probability in your favor. Episode Title: #643: The Best Forex Pair? Everyone Gets This Wrong Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

The Truth About Forex vs Stock Trading  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #642: The Truth About Forex vs Stock Trading In this video: 00:22 – Should you trade Shares or Forex? 01:04 – Are shares erratic? 01:38 – You need to factor in the exchange rate. 02:31 – You are in charge when you trade Forex. 02:50 – People buy what they know and like. 04:40 – We trade the pattern, not the emotions. 05:12 – Different time frame charts and markets. 05:33 – Check out my new Masterclass. 05:49 – Blueberry Markets as a Forex Broker. 06:05 – Like, share and subscribe. So which is best to invest in, either forex trading or share trading? Let's talk about that really important topic and more right now. Hey Traders! Andrew Mitchem here at The Forex Trading Coach with video and podcast number 642. Should you trade Shares or Forex? Today I want to talk about share trading or forex trading, which is best, which is best for you, and what are the key differences. The reason I want to talk about this today is because I've just seen on the news, right now, that the SpaceX shares have dropped quite a lot. Now, about 1 month ago when SpaceX got launched, I had quite a few people who are friends say to me, "Hey look, Andrew, are you going to get in on this? Are you going to buy SpaceX shares?" Very roughly, they started at about $130 USD, quickly climbed to about $150, and I think they got to about $225 very quickly within a handful of days. Here we are 1 month later, and they've just dropped back below $130 again. Are shares erratic? The issue that I see there is it's kind of a little bit erratic. Now, I'm not saying that all shares do that, of course, but this is just an example of a very well-known share that's topical right now. So if you imagine that you jumped in there at $150, $175, $200, or even right at the top at $225, and here we are just a few weeks later and it's worth $130. You're going to start panicking, aren't you? That's quite erratic kind of behaviour, especially if you've gone and put some considerable sum of money into that. You need to factor in the exchange rate. The other thing I think that a lot of people outside of the US don't factor in is the exchange rate. Here in New Zealand right now, the New Zealand/US exchange rate is actually really quite poor. It's sitting around $0.56. It's very low. Therefore, that means that if you're buying something in US dollars, that's very, very expensive. So you've got to factor that in. Now let's say that you go and take your money out of the shares, and the Kiwi dollar rises up to about $0.70 against the US dollar. This same example, by the way, is typical whether you're in Canada, the UK, Europe, or anywhere else. You might have made some money on your shares, possibly, but by the time you bring it back at a better exchange rate, you're actually not making anything. So that's one thing to really consider as well for everybody outside of the US. You are in charge when you trade Forex. The other thing I think with forex is it's more consistent. You're in charge. Of course, you can buy, you can sell, you've got leverage, and you've got the ability to trade through prop firms as well. So all these advantages mean you don't need to put that amount of money straight into something and then sit and watch it, hoping it's moving up. People buy what they know and like. Another classic issue that I see, and SpaceX actually is a very topical one, is people were saying to me, "Hey Andrew, I like what Elon is doing," and all the other things that are out there. Of course, the news media kind of hypes it all up. People know SpaceX, they know Elon Musk, so they go and buy it. Now, I'm not saying you shouldn't do that, but what I am saying is people tend to follow things that they know. Another New Zealand classic is back years and years ago, I had a lot of friends that bought Air New Zealand. Here in New Zealand we don't have a huge amount of iconic companies, but Air New Zealand, being the national airline, is one of those. It's a globally recognised brand. Years ago I had a lot of friends buying Air New Zealand shares. Why did they buy them? Well, they bought them simply because they knew of Air New Zealand. It's topical, everybody flies on them here, and so they bought based on the name. Now I've just had a look back, and in 2000 Air New Zealand shares were $7.50. They peaked at around $7.50 per share. Right now, here we are some 26 years later, they're $0.43. Now imagine if you had invested $10,000, or bought 10,000 shares at $7.50 each. Today, 26 years later, they're down to $0.43. Now imagine what would have happened if you had invested in learning how to trade the forex market back in the year 2000, and the money that you could have made by understanding the markets, different time frame charts, choosing what to trade, whether to buy or sell, what time frames to use, how long you're in the market for. We trade the pattern, not the emotions. What I love about the forex market and the way that we trade is that we're trading the pattern. I don't just trade New Zealand pairs simply because I live here. It's completely irrelevant. If you're in the UK, you don't just trade the pound pairs. If you're in Australia, you don't just trade the Aussie pairs simply because you live there. We trade what we see setting up right now on the charts, and that takes the emotion out of it. You're trading the pattern, and that's key. Different time frame charts and markets. Just this week, for example, I've taken 2 weekly chart trades. One was a GBP/NZD sell and that hit profit. The other was an AUD/CHF buy and that hit profit. You've got longer time frame charts like that. Just last night I took a Nasdaq 100 3-hour chart trade. So you've got shorter time frame charts like that as well. You're trading the pattern, and that takes the emotion out of things a lot more. Check out my new Masterclass. If you'd like to find out how we do this and how we can help you do the same, I'll put a link here to my new masterclass. It's only about 15 minutes long. It's on demand. You can just click on it and watch it through. It teaches you about how we trade, what we're looking for, and how we can help you do the same. Blueberry Markets as a Forex Broker. If you're out there looking for a really good forex broker that you can trade not only forex but also other markets like metals, cryptos, indices, and commodities, and they're a great bunch of people as well, that's Blueberry Markets. I'll put a link to them here as well. Like, share and subscribe. Don't forget to like and share this around, especially if you've got friends that might be interested in starting trading, or maybe they're thinking about share trading. Like anything in life, there are pros and cons and traps with everything. I'm not saying don't trade shares. I'm not saying do trade forex. I'm just giving you some real-life examples that I've found through friends of mine, either like the New Zealand example from 26 years ago or like the SpaceX example from just 1 month ago when they launched and the price dropped. By the time you watch this, if you're watching this years later, the price might be way higher. Who knows? But the point is, do you want to be in control of what you're doing and decide for yourself? If you do, then maybe consider the forex market. This is Andrew here at The Forex Trading Coach. I'll see you this time next week. Bye for now. Episode Title: #642: The Truth About Forex vs Stock Trading Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

I Found a Trading Pattern That Repeats for Years  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #641: I Found a Trading Pattern That Repeats for Years In this video: 00:32 – How to use and understand Support and Resistance levels. 01:14 – What are Support and Resistance levels. 01:45 – UK Oil (Brent Crude Oil) price bounces at 70.00 02:20 – Charts from 2026 – 2014 showing bounces at 70.00 03:20 – Identify setups at these important levels. 04:38 – Check out my new Masterclass. 05:03 – Talk with us. 05:13 – Blueberry Markets as a Forex Broker. 05:52 – How to contact me for trading help. Do you realize how important support and resistance levels are? Do you know how to find them on your chart and how to take advantage of them to ensure you become a good trader? Let’s find out about that and more right now. The traders, it’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 641. Outside again on another beautiful winter’s day here in Nelson in New Zealand. How to use and understand Support and Resistance levels. So today I want to talk about support and resistance levels and how you can benefit from understanding them and using them in your trading. Now, it’s very easy in hindsight to go and look at support and resistance levels, and it’s very easy to scan back through your charts and go, “Oh look, the price bounced there and it bounced there,” and you conveniently almost ignore other levels that potentially in real time could have also been useful support and resistance levels but didn’t actually do anything. And so I find that a lot of people, you know, it’s a bit like Fibonacci levels. It’s something that’s very easy if you see a screenshot and ideal support and resistance levels, but in real time it potentially can be quite hard. What are Support and Resistance levels. So support and resistance levels, if you don’t know, are horizontal levels on your charts. And they are where historically prices bounced, reversed, stalled, etc. I tend to find that if you include a round number or look for round numbers, you’ll find that support and resistance levels tend to also form at those levels. Now you can go and find out all about round numbers from a video I’ve made just a few weeks ago. UK Oil (Brent Crude Oil) price bounces at 70.00 But if you look at your charts, a classic example I’m going to use today is UKOil, UK Brent Crude Oil. Go and have a look at your charts while you’re watching or listening to this, and have a look at the 70 level. Now just last week at the beginning of July, you see that the price would have come down to 70 and has now bounced right now as we are speaking. And so I’m going to put 4 screenshots up on screen for you right now for you to have a look at. Now, I’ve identified some of the support and resistance levels, not all of them. These charts you’re going to see right now are the UKOil daily chart. Charts from 2026 – 2014 showing bounces at 70.00 So the first chart you’ll see is from now back to 2023. You’ll see I’ve identified levels where the price has reversed at that 70 level. The next chart you’re going to see will be from 2023 back to 2021. Again, I’ve identified some of those levels so you can see the importance of those price bounce levels. The next chart, this third one, will be 2021 back to 2017. Again, lots of examples here. I have not identified all of them. But just to give you an idea of support and resistance, again, all happening at exactly 70. Then the fourth chart on screen right now is from 2017 all the way back to 2014. Again, lots and lots of examples. So here’s maybe 20-25 examples that I’ve just shown you there on the charts of 1 chart, 1 market, UK Brent Crude Oil bouncing at just that one level of 70. Identify setups at these important levels. Now don’t you think it would have been important last week to have looked at that chart? And by the way, the reason I’m talking about this is because I identified this exact thing to our clients on our forum site when we saw a buy trade on the market that you’ve just been looking at, and the price candle bounced at 70. Now, the important thing to note here is you can’t just go and look at every time that the price bounces at a level and say, “Oh, it’s hit that level, I’m taking a buy trade again,” or “It’s gone through that and bounced at 70 and now I’m taking a sell trade.” You can’t do that. You still need to have a strategy, some logic. From my point of view, we use candle formations and a number of other things that we look at and teach here at The Forex Trading Coach. But the 70 level was hit, the candle bounced at that level, and then formed a good strong bullish candle. So I put the 4 screenshots that you’ve just seen in front of you now on the forum site and said, “Look, here’s the reason. Not only the candle pattern in the right part of the chart, but now it’s bouncing at 70.” And hey, look, go back further in time and look at how important that level was. So the trade I actually took was a 12-hour chart trade. It’s a slightly longer time frame chart trade, and 70 was a massive level. So if you’d like to find out more about how we do this and how we teach our clients from around the world, with clients in 111 countries, how to do this, if you’ve not been on my new masterclass, it’s around 15 minutes long. It’s on demand, so you can just jump on whenever you like. Check out my new Masterclass. I’ll put a link to that masterclass so you can get onto that and have a look at some examples exactly like I’ve just mentioned, and see some actual trades that we’ve taken as well. I’ll put a link to that masterclass. Talk with us. If you’d like to speak to us, you can book a call to speak to myself or one of my team, and I’ll put a link to that here as well. Blueberry Markets as a Forex Broker. If you’re out there looking for a really good, high-quality broker that offers 12-hour charts, such as the trade I’ve just mentioned, and markets like that, not only forex but metals, indices, cryptos, and commodities, I’ll put a link to Blueberry Markets as well. They’re based over in Australia, and pretty much anybody from most countries around the world can open an account with Blueberry Markets. I highly recommend them. Great people, great service, and very good spreads. Withdrawal speeds are incredible. I’ll put a link to them so you can consider Blueberry Markets if you’re out there looking for a good, high-quality broker to trade through. How to contact me for trading help. So that’s it for this week. Don’t forget to like, share, and subscribe. Any questions? Please email me directly at Andrew@TheForexTradingCoach.com. See you this time next week. Bye for now. Episode Title: #641: I Found a Trading Pattern That Repeats for Years Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

If You Can’t Master This, You’ll Never Succeed in Trading  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #640: If You Can’t Master This, You’ll Never Succeed in Trading In this video: 00:24 – The mindset of successful traders. 01:13 – You need to be excited by trading. 02:40 – Don’t get too emotional with winning trades either. 03:30 – Accept losses if you traded your strategy correctly. 03:58 – Community is so important. 04:30 – Examples from my experience. 06:42 – Check out my new Masterclass. 07:00 – Blueberry Markets as a Forex Broker. 07:33 – How to contact me for trading help. Do you have the right mindset to be a successful trader? It’s a really important aspect of being a good trader or a poor trader. Let’s talk about what’s required and more right now. Hey traders, Andrew Mitchem here at The Forex Trading Coach for video and podcast number 640. The mindset of successful traders. Today I want to talk about mindset. It’s really, really important. And I’ve just been off a webinar where a lot of traders and investors from around the world were talking about the importance of mindset and what it requires to be that kind of person that is successful. You see, trading is not for everybody, and unfortunately, a lot of people see trading online as something to maybe give up the job because they hate the job, or they need some money or, you know, they think it’s a get-rich-quick scheme, or they just simply want to be lazy and think it’s a great way of making lots of money without any effort. And the reality is it’s not any of those. And if that’s your mindset, then it really is not something I suggest that you do because it’s going to end in disappointment and failure and just wasting money and time on your behalf. You see, the reality is that trading is much different. You almost need that entrepreneur kind of mindset to do it. You’ve got to be interested in it to start with. You’ve got to be excited by the markets. You’ve got to want to do it. Like, how much do you really, really want to do this? You need to be excited by trading. And that becomes a big part of it because what you do have to do is you have to have that mindset where you show up consistently. You have to be disciplined. You have to show up. You have to understand risk. You have to understand the strategy and stick to it. Now to me, good trading is almost boring, and I mean that in a really good way because you have to control emotions as a trader. Now you have to control your mindset, your heart, all the emotions that come into making and losing money. And so to do this properly, you have to trade your strategy, your system, and you almost have to forget the monetary value. You can’t treat it like a game. You can’t gamble. You have to stick to your rules, stick to your discipline. Pass on trades when they’re there. If you see the trades, take the trades. And you also need to not get knocked down and despondent when you have losing trades, and you have to accept there will be times where you get losing days, losing weeks, possibly losing months. And you have to look at this and go, well, did I stick to my plan? Did I stick to my strategy? And if you did, then fine, carry on. Don’t get too emotional with winning trades either. Likewise, the other side of the spectrum is you can’t get too stupidly carried away when you have profitable trades or lots of profitable trades. Yes, it’s really good. Yes, that’s why we’re doing it. Yes, we’re looking at making money. Of course we are. But you can’t get carried away and do stupid things because that’s where I see a lot of people do these things. You know, it’s almost like they’re bulletproof. They can’t fail. So they then start doubling up, or they take the stop losses out because, “I know the trade is going to reverse on me soon and come back into profit.” All those silly things that people who don’t have the correct mindset end up doing. And of course, it always, always backfires. It just always does. So have the mindset of consistency, showing up, sticking to your plan, being disciplined, almost being boring in your trading, your approach, and you will find that that will help you massively. Accept losses if you traded your strategy correctly. Now, I’ve talked about accepting losses, and it is something that you do have to accept. And you know you can’t go out there blaming the broker, blaming the market, blaming everything. If you did something silly and you broke your rules, then just blame yourself. If you stuck to your rules and the market just did something different, then you know, that’s the way it goes. Nothing is 100% guaranteed, and trading is all about probability and sticking to the same disciplined system. Community is so important. Also, I think community is a big part of things as well. If you’re sitting there just trading on your own, maybe off your phone or your laptop or your iPad, you’ve really got no sort of backup and support. And I think that community, being willing to help people, to share ideas, to invest in yourself, whether it’s your time or financial investment into someone else’s time and information and knowledge, all of those things become a big part of the mindset of someone who’s out there doing well. Examples from my experience. Now, I just want to give you a few examples of things that I’ve done in my life that could help you with your trading, especially if you’re struggling right now. I practiced karate for many, many years. I practiced it, my kids have been through it, and I taught it for many years also. Now, when you see someone practicing any sport, martial arts for example, what you see is the end result and you go, that looks really cool. And look how well they can kick or, you know, punch or block or do karate, whatever it might be. What you don’t see is all the hundreds or thousands of hours of discipline, of learning, of fitness, of turning up to the dojo when you’re absolutely shattered. It would be easier to stay home. You know, all those kinds of things that go into any sort of high to top-level sport. So you’ve got to show up, you’ve got to be disciplined, and it can work very nicely for you. Moving on from that, helping my wife raise 5 children. You know, it’s not easy. If you’ve got kids, you know how hard it is. There are a lot of times when you think, “You know, I can’t do something. I’m not going to do it today.” Other things I’ve done in my life include learning to fly a helicopter. You know, you’ve got to invest your time, your money. It’s hard. It’s really, really, really hard at times. So you just think, “Oh, it’d be easier to give up.” But you don’t. You show up, you do your exams, you learn your practical information. It’s a constant learning process, very expensive, and time-consuming. Other things I’m doing right now include learning to play the guitar and sing on stage. Again, hard. It’s easy to watch someone play a guitar and sing on stage. They’ve done it for years and years and they’re really good. You think, “Wow, I can do that.” What you don’t see is all the hours behind the scenes of learning to play that guitar and the songs, learning different chord formations and strumming patterns, learning the vocal techniques involved with singing, and then actually being able to stand on stage and do it in front of other people. So all these things take time, and I think to do anything good in life, and trading is just a perfect example, it does take time. Don’t expect miracles quickly. Seek help, be willing to learn, accept new ideas, be willing to seek mentors if that’s something you want to do. And it comes back to, again, how much do you really, really, genuinely want to do it? Check out my new Masterclass. So if you are one of those people who really, genuinely wants to learn how to trade, have a look at our masterclass. I’ll put a link to it here below. It’s only about 15-20 minutes. It’s on demand so you can click on it and have a look at it when it suits you. Just turn your phone off, put the kids to bed, watch it for 20 minutes, and you’ll learn so much from it. Blueberry Markets as a Forex Broker. And if you’re out there looking for a really good quality MT4 and especially MT5 broker, I can highly recommend Blueberry Markets. People from right around the world can open an account with them. I’ve been with them for years and I trade not only forex but also metals, commodities, cryptos, and indices with them as well. I’ve actually withdrawn some funds just this week from 3 different accounts. The funds were here within less than 24 hours, so really quick there as well. So I’ll put a link to Blueberry Markets if you’re out there looking for a good broker. How to contact me for trading help. Any other topics, feedback, or questions you have, please send me an email at Andrew@TheForexTradingCoach.com. I see you this time next week. Bye for now. Episode Title: #640: If You Can’t Master This, You’ll Never Succeed in Trading Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

The Easiest Trading Edge Nobody Talks About  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #639: The Easiest Trading Edge Nobody Talks About In this video: 00:23 – Round numbers will help your trading results. 00:50 – Traders ignore the most important part of the chart. 01:43 – What is a Round Number? 02:28 – Support and Resistance levels. 02:58 – How to use Round Numbers in your trading. 05:30 – Check out my new Masterclass. 05:59 – Blueberry Markets as a Forex Broker. 06:35 – How to contact me for trading help. Round numbers. What are they? How can you use them and why are they so important? Let’s talk about that and more right now. Hi there, Traders! Andrew Mitchem here at The Forex Trading Coach with this week’s video and podcast number 639. Round numbers will help your trading results. So I want to talk to you about round numbers because it’s something that I find most people don’t use and don’t understand. And you don’t see the importance of it, probably because they don’t look at the price axis. You see, most people, when they get into trading, they’re worried about this line moving over that line and a moving average crossing over or MACD changing from overbought to oversold. And they get very caught up in indicators. Traders ignore the most important part of the chart. And the issue becomes that most people ignore what is probably the most important part of the chart. It’s the right-hand side axis. It’s the price axis. You wouldn’t go out there in normal life buying something without considering the price. So why is it that when you suddenly want to become a trader, you take this crossover of a moving average, but you never look at the price? Why is that? Well, it’s because most people get so fixated with all these lovely squiggly lines and things, or they hear news events and they suddenly want to become fundamental traders, that they fail to look at the actual price. Go and look at the price on your charts and you’ll see that price changes over and bounces at those levels so many times. So most people ignore round numbers. What is a Round Number? What is a round number? So I classify a round number as a price level that ends in a 00 or a 50. The 00s are more important and have more weight in my opinion, but 50s are also important. So think of, let’s say, $100 or $100.50 or 101, 101.50, 102, that type of thing. So think of those types of 50s and zeros. Anything ending in a 50 or 0, they are the most important round numbers. And so those levels are important to us as traders because those levels act as natural areas of support and resistance. Support and Resistance levels. So think of support and resistance as floors and ceilings. When the price comes up to a resistance level, it hits that ceiling and it will likely bounce and fall away. Now how do you know that that’s a resistance level? Well, you can look at your charts and see a previous bounce at that level, but you can also look at the other side of your chart and go, “Oh, that’s bounced at a round number.” And so those levels suddenly become really important for you. There are so many ways you can use them. I’ll give you some examples. How to use Round Numbers in your trading. Let’s say you are buying at the close of a candle, but that candle had already gone up and hit a round number and then rejected that level. I personally would not be taking a buy trade at that point because the price has already proven to have hit that level, rejected it, and fallen away. So that’s one way of using a round number. It helps protect a trade that might end up being a losing trade. Secondly, if the price has come down and bounced at a round number and the candle low is at a round number and then turned around, that could be a good reason for that level to be a support level. It could be why the price is turning around because it’s bounced at that round number. Another way you can use round numbers is to help protect your stop loss. Let’s again say that we’re buying a currency, and we have the ability to put our stop loss below a round number. It means that the price might move up, it may come back, it may test that round number. Your stop loss, by the way, is below the round number on a buy trade. The price may come and test that round number and then head back up again. So your stop loss below a round number on a buy trade will help protect the trade. The other way of looking at a round number to your advantage is, again, if we’re saying that we’re buying a currency pair, it’s moving up and it’s moving up nicely. Make sure if there’s a round number at or near your profit target that you need for your strategy, you just bring your profit target down to below that round number. Again, the price may go up and let’s say your profit target, if you don’t understand round numbers, just happens to be above that round number. The price may come up to test that round number and then drop away and you think, “Oh, it’s just a few pips from hitting profit and the market’s changed. Why does it always do that?” Whereas I would look at that and go, “Okay, I’m accepting that I’m just reducing my reward-to-risk slightly. I’m bringing my profit target down to below that round number, but I’m giving myself a higher probability chance of that trade hitting my profit target.” And where it goes afterwards, I don’t care. It could burst through the round number, but more likely it’s going to hit that level and bounce back down again. But I don’t care because I’m out of the trade for profit. So round numbers. Use them. Please look at the right-hand side of your charts. After you finish listening to this video and podcast, go and look at your charts and see where the price changes around. So many times it happens at round numbers. Lastly, 2 things. Check out my new Masterclass. 1. Have a look at my new masterclass. It’s on demand. It’s only around 15 minutes. It’s just been uploaded last week. Great content, really valuable information to help you as a trader, to explain how we trade and how we can help you to trade. If you’re interested in some quality coaching that’s been around for over 17 years with clients in 111 countries, there is probably nothing else more proven out there than the strategy. Blueberry Markets as a Forex Broker. 2. If you are out there looking for a high-quality forex broker, I can highly recommend Blueberry Markets. I’m actually in discussion right now, today, with Blueberry Markets. They are looking at a promotion between themselves and myself to give you the option to join us at The Forex Trading Coach for a discounted rate. They’re going to foot the bill for the difference, and you can open an account with Blueberry Markets and trade with us. More details will be announced in early July. So once again, this is Andrew Mitchem here at The Forex Trading Coach. Look at round numbers, please. It will massively help you. How to contact me for trading help. If you need any more help, leave a comment below or ask me a question. You can email me directly at Andrew@TheForexTradingCoach.com and I’ll get back to you personally. I hope it helps. Bye for now. Episode Title: #639: The Easiest Trading Edge Nobody Talks About Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Your Breakout Strategy Is Failing (Do This Instead)  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #638: Your Breakout Strategy Is Failing (Do This Instead) In this video: 00:28 – Trader has a failed breakout strategy. 01:33 – False breakouts and low reward:risk trades. 02:23 – I use limit orders and not stop orders. 04:07 – View our new 15 minute Masterclass. 04:25 – Blueberry Markets as a Forex Broker. 05:40 – Real people, community and communication. So your breakout strategy keeps failing. What can you do to overcome that? If you trade breakouts or you’ve considered trading breakouts, this video is exactly what you need to hear. Let’s get into it. Traders, it’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 638. Trader has a failed breakout strategy. Just this week I’ve received an email from a trader who said, “Andrew, I need some help with breakouts. My breakout strategy is not working. It keeps failing. I keep losing money. What can you suggest?” Well, first of all, let’s understand what a breakout strategy is. For most people, it means that you’re buying at the high of a candle or a range, and you’re selling at the low of a candle or range. So that could mean you look at every 4 hours and you take a buy stop, let’s say, to buy above the high of that 4-hour range. Or you may be taking like the first 10 hours of the day or taking the European session and trading a breakout of that, whatever it is you do. There are all sorts of styles of breakout, but effectively it means you’re buying high and you’re selling low. So you’re either sitting there waiting for that price to break out of that range and you’re taking a market order, or probably the more sensible way of doing it is to put a buy stop and sell stop in, which means that when the price breaks high or low, the market automatically gets you filled into the market. False breakouts and low reward:risk trades. But the trouble is, it doesn’t generally give you a particularly good reward-to-risk. And you’ll find so many times you’ll get false breakouts. The market will move up, get your buy stop in and move up a bit, and then fall back down again. You get stopped out and it just keeps happening. So for me, I don’t actually like breakout strategies. I don’t think they are a particularly good way of trading. It’s just basically here’s a range and if it goes higher than that, we’re taking buys. If it goes lower, we’re taking sells. It doesn’t have a huge amount of other technical qualities about it. And as I mentioned, it certainly doesn’t, in most cases, give you a particularly good reward-to-risk. So therefore, for me, it’s not something I really am interested in doing. So a better way of answering the question might be to say what else can you do instead? I use limit orders and not stop orders. Now, for the last 20-plus years, I have used limit orders and it’s something that if you don’t use them, I suggest you go and have a look and consider using them. So a limit order, a buy limit or a sell limit, means to buy below the current price, and a sell limit is to sell above the current price. And already, if you think about it, to buy below the current price means that if the market should pull back down, get me filled, and then move up in my direction, I’m already massively in reward-to-risk favor. And if you imagine you’ve got a buy stop and I’ve got a buy limit in, the market moves down, gets me filled, by the time it then turns around and goes back up to your buy stop area, I’m probably already with my strategy in at least a 1-to-1 reward-to-risk trade, if not more, and you’re just getting filled on the trade. And so the likelihood of me making profit on a buy limit order is so much more than you taking profit, and good profit and good reward-to-risk, with your buy stop order. So I would consider limit orders. The markets always move up and down and retrace. So in most cases buy limit orders get filled very often and you just find that they work beautifully once you know what you’re doing. Now let’s say that the market does not pull back and you do not get filled on your buy limit order. Well, that doesn’t really matter, because all it means is that you miss out on the trade. That’s absolutely fine. You know, that happens from time to time. So have a look for buy limit orders and sell limit orders. Your reward-to-risk will improve massively. View our new 15 minute Masterclass. In other news, I have made a new short 15-minute-long masterclass this week. It’s now available on our website. It’s on demand so you can go and watch it whenever you like. I’ll put a link to that. I highly recommend you spend 15 minutes, go and watch that and you’ll learn so much about trading on that session. Blueberry Markets as a Forex Broker. And if you’re out there looking for a very high-quality forex broker, one I’ve personally used for many years, it’s Blueberry Markets. I find them just really good to deal with, very responsive and if you need help with anything, very quick to withdraw funds and a huge array of markets that you can trade through them, both forex and non-forex, especially on their MT5 platform. If you’re out there looking for a good broker, just consider Blueberry Markets. I don’t think you’ll be disappointed. And yeah, I’ll put a link to them as mentioned. Real people, community and communication. So if you have any trading topics or questions, just like this email that came in about the breakouts, let me know and I can answer them for you on future videos and podcasts just like this one. So once again, this is Andrew Mitchem here. Enjoy your trading. Potentially use your limit orders. I think you’ll find them a lot more beneficial than your stop orders. Bye for now. Episode Title: #638: Your Breakout Strategy Is Failing (Do This Instead) Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Why Trading Only EUR/USD Is Holding You Back  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #637: Why Trading Only EUR/USD Is Holding You Back In this video: 00:25 – How many pairs do you trade? 01:00 – Don’t focus on just 1 pair. 01:25 – I look at multiple pairs to trade every day. 01:57 – A trade example. 02:42 – A strategy needs to work on all pairs, all markets and all time frames. 03:14 – Trades from this week that I’ve taken. 04:15 – Don’t take “B” grade setups. 04:52 – View our new look website and Masterclass. 05:03 – Client review testimonial videos. 06:35 – Trade and enjoy life. How many currency pairs should you look at as a trader? Should you just focus on 1 or 2 pairs, or should you look at multiple? Let's talk about that and more right now. This is Andrew Mitchem here at The Forex Trading Coach with video and podcast number 637. How many pairs do you trade? So today I want to talk about currency pairs. And should you just focus on 1 or 2 pairs? And the reason I want to talk about that is I often hear about people that say, look, I just look at the EUR/USD. And that's all I look at, and it's all I want to focus on. And I hear other people that say to me, look, this strategy that I've got here, it only works on the USD/JPY on a 1-hour chart, for example. And I don't understand why people do either of those. Don’t focus on just 1 pair. To me, it doesn't make any logical sense, because if you're focusing on just 1 or 2 pairs, then what happens if those pairs are not moving particularly well at the time, or they're not giving good setups? And the reason why a strategy should only work on 1 pair or 1 time frame again, doesn't make any logical sense if you have a good sound technical strategy. I look at multiple pairs to trade every day. So for me, I've for many years now, over 20 years, constantly looked at multiple forex pairs on a daily basis. And the reason I do that is I'm scanning through the charts really quickly and then say 10 minutes, 15 minutes, I then scan through all the currency pairs and other non-forex markets on multiple time frame charts once a day. Or if I want to look twice a day, I can do exactly the same. So it might take a total of 30 minutes a day. And it gives me so many more high-quality setups. So as an example, let's go back to the EUR/USD. A trade example. If you're trading that and there's nothing really showing on there, then maybe you should look at the EUR/CHF, EUR/GBP, EUR/NZD, EUR/AUD, EUR/CAD, EUR/JPY. Why would you focus on just the EUR/USD? And if you are out there looking for currency strength and weakness, you can't tell if you're looking at just the EUR/USD. Is the euro strong? Is the euro weak? Is the US strong? Is the US weak? Are they both strong? Are they both weak? And so you're not giving yourselves a lot of chance of having a successful strategy long term if that becomes your limitation. A strategy needs to work on all pairs, all markets and all time frames. So for me as a technical trader, a strategy should work across all currency pairs, in fact all markets and all time frame charts as well. So whether you're looking at, say, a daily chart or a weekly chart or a 4-hour chart or a 1-hour chart, the strategy, if you have a good sound strategy, should work across all those different time frame charts as well. And again, that opens up the possibility of more quality setups. Trades from this week that I’ve taken. Now, to give you a great example, over the last week or so, some of the forex pairs have been quite dreadful to trade. There's not been a lot of price action. There's been a lot of sideways movement, some indecision, and sometimes at the beginning of the weeks we're now seeing some big gaps. And, you know, therefore, by having the ability to look at shorter time frame charts, we're seeing a lot of good shorter time frame charts. My clients have been posting a lot of 2-hour charts and 30-minute charts recently that have been really good, but also go to the other extreme on the weekly charts. I've got 2 trades open on the S&P 500 and the Nasdaq 100 taken off the weekly charts at the beginning of this week. They are both in excellent, excellent profit, selling both of them and based on the weekly charts, I have that longer-term bias on those 2 pairs right now that they're dropping, which they're currently doing. And as I'm recording this video, both of them are in very good profit. Don’t take “B” grade setups. So again, it comes back to not limiting yourself. Don't be restrictive. Look at multiple pairs, multiple markets, multiple time frame charts. And if your strategy is good and sound and quality, then these setups will appear. And what that also does is it stops me taking what I call B-grade setups. If I see something that's just not there, I don't trade, but by having the ability to scan through those multiple markets and multiple time frame charts, I'm giving myself a higher probability chance of getting what I call an A-trade setup. It has all the things that I'm looking for in my favor. View our new look website and Masterclass. If you'd like to find out more, there's a couple of things you can do. You can jump onto my masterclass. If you've not already been on that, have a look at the masterclass. I'll put a link to that here as well. Client review testimonial videos. And over the last few weeks, we've had a lot of our more experienced traders from right around the world, experienced clients, jump on and have given some really nice review testimonial videos, which I'm starting to add to the website. Have a look at those. You know, people that have been with us for years that are doing really well from their trading, and people just like you who may have been a little bit confused or a bit lost when they first joined us, but now they have a community around them. They have a proven quality strategy with low risk, low drawdown and more importantly than anything, they now know as traders what to do by themselves. They know what charts to look at, when to look at them, and they know exactly how to enter and exit the market to give themselves a very low drawdown per trade and equal risk per trade, but also high reward-to-risk outcomes. So that to me is another important part of our success. The different markets, the different time frame charts, the 1 strategy and the community, the low drawdowns, high reward-to-risk. Put all that together, you've got yourself a winning strategy and a winning formula. So have a look at those videos. Have a look at the masterclass if you would like to find out more about how we do this, and if you'd like to come on board and join us here at The Forex Trading Coach, I'll see you this time next week. This is Andrew Mitchem at The Forex Trading Coach. Enjoy trading again. Like I say each week now, get outside, enjoy the outdoors. That's why I'm not doing these videos in front of the screen. Trade and enjoy life. You know, very often trade for 10-15 minutes a day. Get outside, work, family, music, sport, hobbies, whatever it is that you like doing, do that and your trading will take care of itself. Bye for now. Episode Title: #637: Why Trading Only EUR/USD Is Holding You Back Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

The Trading Mistake That’s Costing Beginners Years of Progress  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #636: The Trading Mistake That’s Costing Beginners Years of Progress In this video: 00:29 – We don’t spend all day looking at charts. 00:40 – Learning how to trade properly. 01:22 – The elephant is too big to eat at once. 02:30 – Little and often is the fastest way to learn. 03:24 – Don’t compare yourself with an experienced trader. 04:17 – You won’t become a full-time trader by next week. 05:22 – Bradley’s video testimonial. 06:12 – Blueberry Markets as a Forex Broker. 07:00 – Find someone to follow. How do you eat an elephant? Well, you eat it in the same way as you learn to trade the forex market. I’m going to share details about how you can eat the elephant and learn to trade properly in this week’s video and podcast. Let’s get into it right now. Andrew Mitchem here, The Forex Trading Coach with video and podcast number 636. We don’t spend all day looking at charts. Outside on another beautiful winter’s day here in Nelson in New Zealand. The beauty of trading, of course, is that you are not sitting looking at your charts all day. Learning how to trade properly. But the issue that people have is that they don’t know how to start. And so I liken learning to trade as the same as the phrase that you may have heard, and that is how do you eat an elephant? You see, the way that you eat an elephant, not that you’re going to, is 1 bite at a time. And learning to trade forex is exactly the same. You know, many people look at trading and they get overwhelmed with the information out there, you know, charts and indicators and news and not understanding risk management, psychology behind trading, all these things. And the mistake that I see so many people out there doing is they try to learn it all at once. The elephant is too big to eat at once. So the issue that you have to come back to when you’re thinking of the elephant is the elephant’s too big. So you can’t do this all in 1 go. You have to understand what it is that you need to do in order to tackle that elephant, or in this case, the forex market. And you see what people end up doing is they jump from 1 strategy to another. They try to master everything straight away and they get information overload. They become frustrated and it just doesn’t work. So going back to the 1 bite at a time, learn things piece by piece. Learn how the market moves. Break things down. Look at the price. You know how many people, how many of you out there watching or listening to this don’t actually look at the price? I bet there’s a lot of you. Understand risk management. Understand what things like support and resistance are. Understand the movement of different times of the day or the different currency pairs, how they react. Do they react to news announcements or not, or how do they correlate between each other? All these type of things break it down to eating or in this case, learning 1 thing at a time. Little and often is the fastest way to learn. Now consistency beats intensity, and what I mean by that is by doing little bits often, you will soon be amazed how you will soon pick up things. You know you can’t go there eating this elephant in just 1 meal. You’re not going to just keep taking 1 mouthful at a time and expect to eat the elephant. Likewise, you can’t just sit there and cram all this information in like just in a few days and expect to become as good as someone that’s been doing this for a long time. And right now, as an example, I’m, you know, trying to get better at singing, trying to get better at learning to play the guitar. So I’m doing regular lessons online, and I’m learning and doing little bits at a time, learning bar chords. So if you’ve ever played a guitar, you know how difficult bar chords are and what they mean on the fretboard. This is exactly the same. Learn a little bit, say 30 minutes a day when you can to learn these parts and things will soon start to come together. Don’t compare yourself with an experienced trader. The other important thing is not to compare what you are doing and what you’re learning with someone that’s been doing this for a long time. You can’t, for example, look at my trading knowledge and experience and expect to be at that level straight away because I’ve been doing this for like 21-plus years every day. And, you know, but when I started, you know, it was all new. When I started, there was nowhere near the help that there is today. So don’t go out there comparing yourself with real traders or what you perceive online with the TikTokers and, you know, the barely-out-of-school type of people that have traded for a week and tell you how good they are. Whichever ones you’re following, whether it’s a real trader or, you know, getting conned into listening to those guys, you cannot compare yourself with someone that really knows what they’re doing at the beginning. So put the time and the effort and consistency into that. You won’t become a full-time trader by next week. And the other thing I’d say is don’t worry about becoming a full-time trader tomorrow. It’s not going to happen. Don’t go giving up your job tomorrow. Don’t expect to become a multi-millionaire tomorrow out of this, or even next week or even next year. You know, give yourself time to do this. It is not a race. If it’s a race for you, you shouldn’t be doing it. And if it’s a race for you because you think it’s going to solve all your life’s financial problems, you probably shouldn’t be doing it either. What you should do is treat this realistically, small bits at a time, learn the skill, master the skill, and over time look honestly, it is the best thing there is. But it takes time. It’s like all these things I’ve mentioned to you many times I’ve done in my life. Flying a helicopter has probably been the best example. It is 1 of the best things I have ever done, but it takes time to get there. Otherwise it’s going to go wrong. So take your time. Do this thing properly. It’s a journey. It’s not a race out there. The market is not going anywhere. Trading is not going anywhere. You have time to do this. You have time to put in to learn how to do this properly. Bradley’s video testimonial. And I’ve just released a few new testimonials from clients, and 1 of them is from Bradley, who lives across in Perth in Western Australia, and he’d been trading for 8 years before he found us. And now, a year later, after he’s joined us, he’s doing so well. But have a look at videos like that and learn from people who are out there that have spent time doing the groundwork, doing the homework. And it works. So coming back to the elephant, can you eat the elephant? Yes. Can you tackle, as in like, you know, not literally, but, you know, can you learn to trade the forex market? Yes. Take it 1 bite-size piece at a time. Take it slowly. Be consistent, be realistic, and don’t gorge yourself on information as in, don’t try to learn everything like in a weekend and take your time. Ask questions. Seek help. It will work. Blueberry Markets as a Forex Broker. If you’re out there looking for a really good forex broker, I can highly recommend Blueberry Markets over in Australia. But, you know, it doesn’t matter where you live in the world. Most people who are trading forex, with the exception of a few countries like the US, etc., but pretty much everybody else can trade through Blueberry Markets. There’s lots of brokers out there. I personally use other brokers as well as Blueberry Markets, but they are my preferred broker and it’s where I have my main trading accounts. I think they’re really good. They offer the MT4 and especially the MT5 platform. But 1 thing that stands them apart is not only their spreads and execution and withdrawal speed, it’s the quality of their customer service. Outstanding people. Have a look at them if you’re out there looking for a good broker. So once again, take your time. If you’re out there learning to trade, don’t jump onto every forum. Find someone to follow. Don’t clutter your charts with millions of indicators and don’t chop and change systems. Find someone out there that’s got a proven system that’s been around for years, that works across all markets, all time frame charts, and doesn’t require you to sit in front of the charts all day long. Now, yes, when you’re starting, put some time and effort into learning. But once you’re doing it, get outside and enjoy the beautiful place that we live in. And, you know, trading takes care of itself. So hope it helps. This is Andrew here at The Forex Trading Coach. I’ll see you this time next week. Bye for now. Episode Title: #636: The Trading Mistake That’s Costing Beginners Years of Progress Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

These 2000-Year-Old Lessons Will Improve Your Trading  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #635: These 2000-Year-Old Lessons Will Improve Your Trading In this video: 00:28 – Greek Mythology and your trading success. 00:51 – Too much confidence can blow an account. 01:57 – Obsession with money. 02:43 – You don’t need a degree to become a good trader. 03:12 – 2 new testimonial videos from our clients. 04:12 – My farming background has helped me to become a good trader 04:41 - Blueberry Markets as a Forex Broker. 05:30 – Give me your feedback and request for trading topics. Do you realize that trading and Greek mythology are so highly correlated? I want to talk about that and give you some quotes and see how they relate to trading and your success in this video and podcast. Let’s get into it right now. Hey there, Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 635. Greek Mythology and your trading success. So today something different because I want to talk about Greek mythology and how it relates to your trading success and how you approach the markets. You see people control the markets, emotions control the markets. And those same traits can be seen in Greek mythology, you know, from thousands of years ago. Too much confidence can blow an account. Give you an example. If you look at Icarus flying too close to the sun, that can be related to, say, like traders who are over trading, over leveraging, you know, their confidence becomes too much and they then blow their account because of doing silly things. You know, they’re ignoring risk management rules and you get disaster. Exactly like Icarus flying too close to the sun with confidence. You can look at Odysseus and, you know, the principles of trading with discipline. You know, look at your trading as a long journey and how to gain patience when under pressure. Sticking to your trading plan despite distractions that you may have. You’ve got the example of sirens and market noise, and you know you’ve got social media tips out there telling you what to do. You get people saying, this is a guaranteed trade set up. You get, you know, emotional temptations pulling you away from your strategy because you’re out there on forum sites looking at other things. So you’ve got all those kind of issues going on there. Obsession with money. You’ve got King Midas obsession with profits, you know, just looking at money, money, money. Whenever people do backtesting, they always pick the 1 with the, you know, the most money and you then get away from, you know, what you really need as a trader, which is consistency as well so people forget that. Achilles, so the Achilles heel your trading psychology becomes your weakness. You know, revenge trading, fear of missing out potentially like refusing to accept losses. All those type of things. So really important that you think about these, you know, principles that have been around for thousands and thousands of years and how they can help you with your trading. Markets, you know, are new, but emotions are not. Emotions have been there forever. You don’t need a degree to become a good trader. So the best traders out there, they’re not necessarily the smartest ones. And I find this with my, you know, with my students. And when I say smart, they don’t have to have all the bits of paper and been to the best universities and all that type of thing, that does not make the best traders. The best traders are the ones that can master themselves, control their emotions, stick to plans, be disciplined, show up, turn up and you’ll find that they become the best traders. 2 new testimonial videos from our clients. Some great examples of that on my website. Just in the last week, we’ve added 2 new reviews and testimonials from clients and the guy. Pete’s been with me for 10 years. I met Pete in person a few weeks ago when I was over in Bali. And, you know, have a listen to that review. There’s Ryan, who’s a real estate agent here in New Zealand. Have a listen to his review. Just a family guy with 2 young kids doing really well through his trading by turning up, showing up, sticking to the discipline and rules and, you know, being a self-employed person, like, you know, like a commission agent, like a real estate agent is, you know, he understands that not every trade will be perfect. He understands that you can put lots of time into trading for maybe like a day or a week or, you know, and the results aren’t always going to be perfect. So I think it takes a special kind of person like that to really trade well. My farming background has helped me to become a good trader I come from originally a farming background, you know, I understand that, that things are tough. You’re, you know, you put the effort in, you plan, you discipline, you know, and you show up. And that’s what trading is all about. You don’t have to have, like I said, you know, the most qualifications. You don’t need to be super, super smart to do this. You just need to control your emotions and understand what’s needed and required. So I hope that helps. Blueberry Markets as a Forex Broker If you are there looking for a very good forex broker, I can highly recommend Blueberry Markets. I’ll put a link to them there based across in Australia, but traders from right around the world can open an account with Blueberry Markets. I’ve been with them since they started and I know some of their team from prior to when Blueberry was created. And you won’t find better customer service in terms of speed and efficiency, etc. I find them really good, and I think it’s 1 broker that you should consider having a look at if you’re out there looking for a good forex broker. But of course now with MT5 you can trade other markets like the metals, cryptos, commodities, indices, which we do as well. So have a look at Blueberry Markets. Have a look at those 2 reviews on my website as well. Give me your feedback and request for trading topics And any topics you’d like me to discuss on future videos and podcasts. Just like this 1. I’m here to help. Here to listen to what you want and to help you with your trading. After all, we’ve been doing this for 17 years at The Forex Trading Coach. We have successful clients in 111 countries around the world. If you’d like to come on board and join us in our community, you know where to find us at TheForexTradingCoach.com and I see you this time next week. Bye for now. Episode Title: #635: These 2000-Year-Old Lessons Will Improve Your Trading Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

The Trading Community That Changed Everything  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #634: The Trading Community That Changed Everything In this video: 00:28 – 9 days as a guest trader in Bali. 01:35 – 15 traders trading live in front of an audience. 02:15 – October 2027 is the next trading retreat date. 02:25 – My big takeaway is the power of our trading community. 04:45 – View our new look website and Masterclass. 04:56 – Blueberry Markets as a Forex Broker. 05:40 – Real people, community and communication. Communication in any form of life is so important. And in trading is absolutely vital. And I want to talk about that really important topic right now. This is Andrew Mitchem here, The Forex Trading Coach with video and podcast number 634. 9 days as a guest trader in Bali. Back home here in New Zealand. Beautiful autumn day after spending 9 days in Bali at a trading retreat. It was a fantastic retreat and I want to share some information about that. I was invited over there as a guest trader and there were around 60 learning traders there and about 15 traders from around the world, of which I was one. We were all there to help the people learn, but also to just offer our experience and our knowledge and to talk to each other and learn from each other. And it was a really, genuinely great event where people were just sharing information and ideas. And when people do that, you realize that obviously there’s more than 1 way to trade, and people have different ideas of how they view the market, and there’s no right way to trade. There’s lots of wrong ways to trade. But by talking about this with other traders and just seeing their perspective, you know, we were all sharing ideas and all learning and it was massively valuable. And I gave several presentations over there. 15 traders trading live in front of an audience. And the other thing that was so good about the retreat was the 15 traders. We were all trading for the 5 days, Monday through to Friday during the Asian session, the European session and the US session. So there was nothing hidden. You know, when we saw trades, we identified the trades, we placed it, people could see them live. There was none of this, you know, TikTok, YouTube stuff where, you know, people are showing you, you know, the 1 trade out of 100 that works. We were all there together in real time, real markets. And, you know, with the pressure of doing that in front of all these traders and, you know, and the people learning as well. And so it was a fascinating experience to be there. October 2027 is the next trading retreat date. Now, on a side note, we are looking at getting more of our Forex Trading Coach clients to their next retreat, which is likely to be October 2027. My big takeaway is the power of our trading community. But the information that I got out of it when I shared what we do at The Forex Trading Coach and the bit that people really thought was so powerful is, of course, not just a strategy. And by the way, we took some great trades. I had some, you know, some lovely trades across different markets and time frames live for that week. That was great. But the bit that people resonated with and people picked up on was the power of our community of traders. And I think that’s something that’s so underestimated. If you don’t trade properly and you don’t appreciate it. You see, trading is a very lonely business. You’re sitting there at home or wherever you do your trading from. Most people don’t thoroughly understand what you do. They don’t really get it. And people say to me, are you trading shares or something? No, it’s completely different. But, you know, people just don’t get it and that’s fine. It’s not for everybody. But the issue that I see that so many people out there face is they don’t have that communication and that way of contacting other people. And it’s 1 thing that the traders there at that retreat in Bali were so impressed with what we offer at The Forex Trading Coach, you know, with our forum site where we’ve got traders from right around the world, you know, from 111 countries over the last 17 years. And by the way, it’s our 17th birthday this week right now. So we’re very proud of that as well. But you know, we are all there to help each other. No 1 dominates. No 1 takes over. Everybody is there to share trades to help each other, no matter where you live in the world. And I think that along with our live weekly webinars where we’re trading in front of our clients and people can ask questions and we talk about trades and shows that we’re really doing this and we’re real people and we’re genuinely there to help each other. And so all our clients and, you know, we’re really careful not to have that bad apple, you know, that ruins it for everybody. That doesn’t happen. And it’s something we’ve been, you know, really proud of over those 17 years that we are there as a family and a community of traders, all trading the 1 strategy and helping each other. As mentioned, if you’re new to trading, you probably won’t appreciate how big that really is. If you’ve been trading for any length of time and you’re stuck online on just generic forums and things like that, you’re going to realize that a real forum, real communication, real people taking real trades is an absolute, you know, it’s rare out there and it’s something that we pride ourselves on. View our new look website and Masterclass. So if you’d like to find out more, have a look at my website, TheForexTradingCoach.com. You can go on to our free masterclass where you can find out about how we trade and how we help our clients succeed. Blueberry Markets as a Forex Broker. And if you’re out there looking for a really good forex broker that also offers other markets such as the cryptos, metals, commodities, indices, which we trade, all because the strategy works across all those markets and all time frames. It’s Blueberry Markets. They offer the MT5 platform. And of course that’s so much better with more markets and also more time frame charts. You know, I love trading, say like the 12 hour and the 8 hour and a 6 hour charts which are not readily available on most other platforms, not even MT4, although we do have software that allows our traders on MT4 to use those time frame charts with a clever bit of software that we’ve got. But the beauty of MT5 is it’s already built in, so you don’t have to worry about that. Real people, community and communication. So in summary, communication is key, having like minded people around you is key. Real people trading properly and doing well is key. It’s quite rare, but we offer that. If you’d like to find out more, contact me, Andrew@TheForexTradingCoach.com or like I said, jump on to my website. Or better still, onto the short masterclass to find out more. I see you this time next week. Bye for now. Episode Title: #634: The Trading Community That Changed Everything Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

You Can Be Profitable With A 37% Win Rate  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #633: You Can Be Profitable With A 37% Win Rate In this video: 00:43 - Win Rates in Trading and a Simple Example 01:26 - Percentage Risk for a Trade/Risk Management 02:08 - Client Ryan achieves 9% with a 37.6% win rate 02:46 - Outside world win percentages for Roger Federer, 03:15 - Casino games win rate, need 55%+ 03:57 - Sports betting win rate, need 55%+ 04:48 - 95% traders lose, only hear about the 5% winners, winning AND s 05:33 - 2 ways to react to losing trades, one preferred way 06:17 - Taking the good with the bad: celebrate wins and deal with losses How would you like to be a consistent and profitable trader with a win rate in the mid to high 30s or low to mid 40s? Impossible? It’s not. And how do we react to losing trades? Let’s talk about that and more right now. Hello this is Paul Tillman. I’m the Director of Coaching Services at The Forex Trading Coach here at my home in the Raleigh, North Carolina area. And this is video and podcast number 633. I want to talk to you about 2 things: win rates and losing trades. Win Rates in Trading and a Simple Example So win rates which is simply the number of trades you’re winning divided by total number of trades that you are taking. So let’s do a simple example here. Let’s say you take 2 trades. First 2 trades you lose your risking $100 per trade and you’re down $200. Let’s say the 3rd trade that you take is a winning trade. And your reward to risk is 3 to 1, as in your win is 3 times what your loss is. So you’ve won $300 on that trade. Now if we add that up you have 2 losing trades at -200 and 1 winning trade at +300. So you’ve made a net gain of $100. And with 33.3% win rate. Percentage Risk for a Trade/Risk Management And as always we suggest taking a quarter or a half percent risk on the actual trade that you take. Risk management is very key, and so is consistently getting that reward to risk. So you can be a profitable trader at 33.3%. Now if we extrapolate that on all the trades that we take on our live webinars, on our form site and our chat room area for our daily trade suggestions, which is like a newsletter we put out each weekday. Extrapolate that out to tens and hundreds of trades in a year, and you can do very, very well with a win rate that’s much lower than 50%. Client Ryan achieves 9% with a 37.6% win rate In fact, we had a trader, Ryan, who said for his March trades, he made 9% gain at a half percent risk, with an average awarded to risk of 2.6 to 1 across all his trades. And his win rate was 37.6%. So under 40 with a 9% gain in 1 month. That is incredibly good. And if you could do that every month, you know the sky is the limit with regards to firms and trading retirement accounts or whatever it is, you can do fantastically well now in the outside world, that’s very hard to do to be successful at something at under 50%. Outside world win percentages for Roger Federer, Let’s take a few cases here. Roger Federer, who’s arguably my favorite tennis player and I think one of the best of all time, only won about 54%-55% of all points that he played. Which is crazy to think about how many Grand Slam titles and overall titles that he’s won and he’s only done that percentage. Casino games win rate, need 55%+ Now let’s take 2 other different ventures: the casino. A lot of people are going to casinos on cruises, or if there’s casinos where you are and the house always has about a 1% to 5% edge, depending on what game or what type of hands you’re playing, machines, et cetera, etc. so you’ve got to be in that 53% to 55% win rate range just to break even. And the casinos know this and they have that house edge. So it’s built in. But if you can get over 55%, which is rare, and your casino games and everything are set up for you not to do that, especially long term, then you’ll be a consistent winning player of the casino. Sports betting win rate, need 55%+ Let’s take sports betting huge around the world and has been growing in the US the last 5 to 10 years especially. Again, there’s a built in advantage to the casino. If you win 52% - 53% of bets, you’ll break about even that, that juice that they have or that vig as they say, is to the sports books advantage and the casinos. The best bettors in the world only win 55% to 60%. And that’s at the very top. But you can do well if you can achieve that number. So in trading, you know, high 30s, low 40s. Our client Ryan, who’s been with us a couple of years and others are getting right in that, you know, mid to high 30s or low 40s for a win rate. 95% traders lose, only hear about the 5% winners, winning AND losing trades The other one that I want to talk to you about is losing trades. There’s a reason why 95% of traders lose. But you don’t hear about the 95%. You hear about the 5%. If you take a look out there, I’m a proud owner. I’ve got another car. I would have been newer one, but that’s my 2007 Hyundai Santa Fe. It’s got 365,000 miles on it. And you know, I’m just regular guy with a family. And I’m going to show you what winning and losing trades are about, because that’s what most of 98% of us deal with. And we’ll give you the real story. A lot of times on social media, you don’t get what goes on behind the curtain because people only post about the positive things. So I want to give you the true story of trading and how it goes. So losing trades, none of us like to lose. But it does happen. 2 ways to react to losing trades, one preferred way So how do we react to losing trades? What are 2 ways? 1, I made a technical error. I had a deal breaker in my strategy and I traded it. I traded during news. I broke a rule I over risk, I over traded whatever I tried to revenge trade, whatever it is. That’s 1 reason why you also trade. The 2nd reason, and the 1 I prefer the most is you made your analysis, you stuck to your strategy, you kept all the rules, you took the right risk and you took the trade and it lost and the market just simply went against you. That’s the preferable way to trade. That’s a great way to lose a trade. Even though that sounds counterintuitive. Taking the good with the bad: celebrate wins and deal with losses But losing streaks will happen sometimes you’ll have a losing week or a losing month and you just have to deal with that. That’s the reality of trading. As my good friend Darryl says, you have to take the good with the bad in life, and that certainly applies to trading. Take the winning trades, celebrate them, and learn how to deal with the losses. And all together, you’ll have a consistently profitable time of trading, and you can learn the life long skill and have it work in your favor. So that’s it for me. I’m going to go watch Carolina Hurricanes NHL hockey team here in the Raleigh area, going for the Stanley Cup. But yeah, we’ve talked about win rates today and how you can win with much less than 50% and still be consistently profitable. And how do we react? It’s easy to react to a winning trade, but how do we react to losing trade. So that’s it for me. We enjoy this beautiful weather and some hockey and we’ll see you next week here at The Forex Trading Coach. Thanks. Episode Title: #633: You Can Be Profitable With A 37% Win Rate Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

The Trading Mistake That Keeps You Broke  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #632: The Trading Mistake That Keeps You Broke In this video: 00:28 – Too many traders simply over trade. 01:20 – We have so much access to charts. 03:19 – Don’t break your trading strategy and rules. 03:44 – Blueberry Markets as a good broker choice. 04:15 – Bali trading retreat. 05:05 – Don’t force trades. Overtrading can be the absolute killer for many people. And this week's been a perfect example of why you should not do that. I want to discuss that and more with you right now. Hey there traders! Andrew Mitchem here at The Forex Trading Coach. Outside another beautiful day with video and podcast number 632. Too many traders simply over trade. Now overtrading is a problem that so many people have. You know people get into trading and they want look at the charts. They want to be taking positions. They're seeing this indicator jump over that one on this dot appear here. And all these different things that look really, really cool. And they go down to very short time frame charts. And they're so desperate to see trades. And look, I get it. I used to be like that years ago. Don't forget, when I started we were on dial up internet and when 1 gigabyte a month was a huge data plan. And so when I jumped on the computer and finally got the internet to work. You know, if you my age, you'll understand and remember the old sound of the dial up internet. The issue that we had then is that because now I'm now online, the kids are asleep type of thing, and now I've got a bit of time. I'm forcing a trade. We have so much access to charts. And today we almost have the same problem, but a different scenario that we have so much access to everything. And you can just look on your phone or, you know, and you can just jump online at any stage and you're forcing trades to happen. And sometimes the very best thing you can do is not to trade. Now, this particular week has been a terrible week for trading. It's just been like nothing's showing up on the charts. Very few trades I think I've taken 4 trades and it's now Thursday and there's hardly anything happening. It's day after day of scanning through the charts. Just quickly go no, there's nothing there. And so while sometimes that can feel frustrating, you've got to remember that there is no point in taking a trade just for the sake of taking a trade. All you're doing is giving yourself a really good chance of losing, and you're feeding your broker more what I call clicky click fees. You know, more commission fees for entering the trade and it's going against your trading plan that's going against what you know that you should really do. But you feel as a trader, whether you're on a prop firm or you're on an account, you feel that the only way you're going to grow your account is obviously to take trades. But the reality is in these market situations, less really is more. The market's been very volatile, obviously with all the things happening in the world. And that's just getting reflected on the charts with lots of absolute flat, no movement, just day after day after day. And so now of course, there have been some trades and a few trades, but like in general it's been a terrible week for trading. And so as mentioned, just to accept it, it's part of trading next week will probably be absolutely brilliant. And it's just the way it is. So you can't change it. You can't like manipulate the market. You can't do any of these things. You just got to go with what you presented at the time. So the takeaway lesson and the key of this video is that, you know, trading sometimes is not exciting. And that's the reality of it. And you've got to accept that if you're a real trader. Don’t break your trading strategy and rules. Don't over trade, don't force trades, don't, you know, change your strategy, break your rules just because the market's not giving you anything, you're just going to regret it and hate doing it and lose trades. And then, you know, next week when the market, let's say, does become good, you're fighting, trying to get profitable trades just to get back to break even from the terrible week you might have had in a week like this, if you're taking too many positions. So bear that in mind. Blueberry Markets as a good broker choice. If you're out there looking for a really good forex broker, I can highly recommend Blueberry Markets. They're based across in Australia, but people from right around the world can trade with them. So a few exceptions like the US and a couple of other countries, but most other people you can trade with Blueberry Markets. Look, there's heaps of brokers out there and, you know, there's a lot of not great ones and there's a few really good ones. And I would classify Blueberry Markets as one of the very best that I've ever dealt with. So I'll put a link to them if you're interested in them as well. Bali trading retreat. Also to let you know that, this time next week I'll be on a plane to Bali. I have, I'm going there to be part of a trading retreat, with a 5 trading days of actual live trading in front of people and a couple days at the weekend prior with lots of events and trading, sort of presentations and speakers, etc. So really looking forward to that. I'm very honored to have been asked, as 1 of the traders from 20 traders attending from right around the world, we're going to be real trading. This is not some expo where we're all stood there in a, you know, in a booth or a tent and waffling on about trading. This is real trading with professional traders from right around the world and about 80 attendees. So I'll be making some videos and podcasts from Bali in the next week or so, and bringing you all the information that I can learn from that to pass on to you. Don’t force trades. So, looking forward to that one. But, for now, don't over trade, don't force trades. If there's nothing there, just get outside and do something else. And, there'll be a trade there soon. This is Andrew here at The Forex Trading Coach. I see you this time next week. Bye for now. Episode Title: #632: The Trading Mistake That Keeps You Broke Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

He Took One Course… Now Runs Multiple Prop Accounts  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #631: He Took One Course… Now Runs Multiple Prop Accounts In this video: 00:28 – We help traders become profitable. 01:20 – Live prop firm trading webinar for our clients. 01:55 – A life changing event joining TFTC. 03:52 – Come and join us at TFTC. 04:28 – Watch my Masterclass. 04:36 – Blueberry Markets as a Forex Broker. Do you know that something as simple as taking a course can change your life? That's what's happened to us here at The Forex Trading Coach this week with one of our clients from Singapore. I want to talk about that more right now. Hey there traders! Andrew here at The Forex Trading Coach for video and podcast number 631. We help traders become profitable. At The Forex Trading Coach, our aim is to have all of our clients successful traders and just this week to help out. As an added bonus, we held a 90 minute live prop firm webinar. Now I was joined on the webinar by Ryo. He's a client of mine who's been with us since 2021. And he understood the course. He got it. He has put a lot of time and effort in and from 2022 onwards. So for the last 4 years, he has been successfully trading on prop firms. So he's passing through the challenge stages. He's on to real money and he's successful on multiple prop firms. He averages sort of 3 to 5 live prop firms at a time, running solely on the strategy that I taught him back 5 years ago. Live prop firm trading webinar for our clients. Now, to help out our clients, Ryo joined me on the webinar just this week. And he just gave his whole insights into prop firms, you know, the pros and cons of doing it, how he trades on them, the practical aspects of it. You know, what it's looking for in terms of the strategy, obviously our strategy, but in terms of risk, which trades he takes, which he does, and all that type of thing. And he is incredibly successful at doing this. A life changing event joining TFTC. Now, I'm going to stop now and just jump to about a 1 minute clip from the end of that session, because what Ryo said to me at the end, brought a tear to my eye and he said that joining the course back then in 2021 has been life changing for him. Now, that means so much to me and our other coaches because we genuinely care about our clients and their success. Have a listen to the end of that session right now. I really appreciate your time and your contribution to everybody's success here. And, I. Mean, I just want to say a personal word as well. I mean, thank you, Andrew, for, you know, I mean, of course, I obviously I didn't get into this for you, right? I mean, I paid for the course and everything, but I think what is more important is the platform that you have created and you know, the honesty that you have that you have shown over the years. Just being realistic on how trading has actually really changed my life. So I'm really thankful for you. Follow along for this. Hence, I actually put in the effort to try to give back to the community as best as I can. And here what we have now today, and the 95 page document is really a culmination of all my experiences, all my knowledge I can put into it, get it into my pitch, and I hope I can help traders just to pay it forward in a sense. Awesome! That’s very kind of you. That means a lot. And yeah, I think we should stop there. Otherwise I'm going to shed a tear. That means a huge amount there, you know, when you said it's changed your life and that. And that's huge. I mean, that's what we do, what we do, why we do what we do. And I really appreciate that. That's awesome. Lots of nice comments coming through from people here as well. Thank you so much for your time. So I hope you enjoyed listening to that. As I said earlier, it really meant a lot to me that we have helped change the lives of people, and their families. Come and join us at TFTC. And if you'd like to find out how you can come on board and join our community and beyond webinars like Ryo held for our clients this week. And by the way, he created a 95 page PDF file that all of our clients now have. He's done that for free. I didn't ask him to do that. He jumped on the webinar and did that for free. He provided 62 slides and he made them all himself. Got absolutely nothing out of it apart from he now wants to give back because he is doing so well as a result of joining us some 5 years ago. Watch my Masterclass. So if you'd like to do the same, have a look at the masterclass that I have on here. I'll put a link or straight to the video course page if you'd like to come straight on board with us right now. Blueberry Markets as a Forex Broker. If you're out there looking for a broker, I can highly recommend Blueberry Markets. I've been with them for years. Again, personal contact, I know them, I've met them. I've been to their offices. I know them in person. I speak to them on a regular basis. And I think in this market, when there are just so many choices and so many videos out there and gurus and experts and brokers and all these different things, it comes back to human contact and having trust in someone that's out there doing it. And that's why Ryo is so successful. That's why we're successful at not only trading ourselves, but teaching people. And that's why I can recommend Blueberry Markets. It's that personal contact that sets us all apart. We care, we genuinely care. We genuinely do this on a day by day basis. If you'd like to join us or Blueberry Markets, have a look at the links here. Don't forget to like, share and subscribe if you're watching and I'll see you this time next week. This is Andrew Mitchem here at The Forex Trading Coach. Bye for now. Episode Title: #631: He Took One Course… Now Runs Multiple Prop Accounts Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

The Truth About Full-Time Trading (It’s Not What You Think) Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #630: The Truth About Full-Time Trading (It’s Not What You Think) In this video: 00:26 – What my typical trading day looks like. 01:15 – Easter break and 2x H6 trades taken. 02:01 – I’m up +3.4% for the week to date. 03:03 – We trade using limit order so you can always place the trades. 03:45 – Enjoy life and trade less. 05:00 – Don’t get glued to the computer all day. 06:19 – Trading for 21 years. 06:42 – Check out my Masterclass. What does the typical trading day look like for a full time trader? Well, I'm going to share with you what I do, how I do it, and why I think it's a great way to trade. So let's talk about that more right now. Hey there traders! Andrew here at The Forex Trading Coach for video and podcast number 630. What my typical trading day looks like. I quite often get asked by people around the world saying, “Hey Andrew, can you show me like how you're trading or what your typical day looks like?” And people get very concerned that, you know, maybe they can't trade the way that I trade because they live in a different country, or they've got commitments or other work or whatever it might be. So just to show you now, we've just turned 10:00 in the morning here, and I've just taken my trades for today. So every day at 5 p.m., New York time, which currently is 9:00 am here in New Zealand. I go through and look at the daily charts and also the 12 hour, the 8 hour and the 6 hour charts, and we post trades every single day and have done since 2010 on our membership site for our clients based on that close of day. Easter break and 2x H6 trades taken. Now, right now we've just had Easter, so the markets are kind of a bit all over the place. And for today, there were no specific daily trades. It's quite unusual. Most days we have between say 1 and about 4 or 5 daily chart trades. Today there were none. That's absolutely fine. It's just what the market's doing. There were some big moves yesterday. There's this potential, sort of peace deal going on with the Iran war and so big movement in the market, but right now, no specific daily trades for today. However, we did just take 2 trades on the 6 hour charts. I've just taken a sell trade on the GBP/JPY and also the GBP/CAD. And so they've been placed here behind me. I’m up +3.4% for the week to date. My account so far this week, and bear in mind, it's a very quiet week with Monday and Tuesday no trading due to Easter, I'm up 3.4% for the week so far, and that now, after I've just taken those 2 6 hour chart trades, that is my trading done for today. Now, later tonight, my time, I'm actually holding a live webinar with my clients, and we will be looking at the 5 a.m. Eastern Standard Time, New York change over. And you can quite easily trade in just once a day, twice a day following along with what we're doing. Now depending on where you live in the world, you can of course trade other candle closes. So, for instance, in 6 hours from right now, which will be my 3 p.m., I could look at the 6 hour charts, at my 5:00 pm, I could look at the 8 hour charts. And so depends where you live in the world on those candle closes. But, if you wanted to do nothing else, you could trade just once a day. We trade using limit order so you can always place the trades. Now, if you're saying to me, hey, look, I live in Europe, and the 5:00 pm New York time is the middle of the night for me. That's fine. We've got clients in 111 countries right around the world who trade our system. So what you guys can do is, if it's too late for you in your evening time, you can wait until your morning time and place trades on those daily charts or those other time frame charts, because we use limit orders. So you don't have to be here right now at this exact time. And that's the beauty of the way we trade. So for me, that's my trading done. I've got the webinars mentioned later tonight, my time with clients in the European session. So I'm going to prepare for that. And but from a trading point of view, that is my trading done for the day. Enjoy life and trade less. Other things you can go and do. Well, that's up to you. For me here, I've got my guitars behind me here and my mic set up, and I love doing that. I live on 11 acres here and, we've got, you know, tons to do outside on 11 acres. We grow all our own food or as much of it as we possibly can. I've got animals and chickens and quail, horses, etc. And so I like to get outside and enjoy the 11 acres here of physical work as well. I think that's really important, you know, mentally and physically. You've got to do, I'm not a gym person myself. In fact, I can't think of anything worse than going to a gym personally. I want to achieve something. I'm out, you know, cutting firewood, doing weeding and things like that, growing things. And I think mentally that's so much better for you if you have that opportunity. Get out in the sunshine. Go for a swim. You know, that's the beauty of 11 acres, and we're quite a steep 11 acres as well, so we're always doing something physical. Myself and my wife work outside together as much as possible. So whatever it is that you want to do, this trading here does not require you to sit at the charts all day. Don’t get glued to the computer all day. And that's the issue that so many people have. They think they need to sit on 5 minute charts and 15 minute charts or 1 minute charts. You just don't need to do that. You can trade on your own account. You can trade on prop firm accounts. Don't forget that if you are interested in prop firms, the key to passing a prop firm is not to hit their drawdown level. It's as simple as that. So you need to have low control risk per trade and consistency in your trades, but also high reward to risk trades. Just like the 2 trades I've just taken there. I've placed those on a prop firm. They've only got a quarter of 1% risk each. So if they both went wrong, all I lose is half a 1%. Yet they have an average of a 2.6 to 1 reward to risk if they hit their profit target. So you can see the quality of the money management, the risk management that we have in place that is crucial, not being glued to the charts. Go and do other things, whether it's work, life, family, guitars, flying helicopters, outside growing food, whatever it is that you want to do, have the trading here as something to create an interest in what's happening in the world and the passive income. But don't let it take over your life by being glued to watching the screens all day, you're probably not going to end up enjoying it. Trading for 21 years. I've been doing this for over 21 years now. I've been teaching for nearly 17 years. The reason I love it is because we've got a great community of people all trading the same strategy, and we just trade just a few minutes a day, and we love our trading as a result of that. And as mentioned, 3.4% already this week on what is a very, very quiet week due to the Easter break. Check out my Masterclass. If you'd like to know more, feel free to have a look at my masterclass. Feel free to have a look at the website and all the information we have on there. If you'd like to join us, there's a link there that you can join us here at The Forex Trading Coach. And if you'd like to book a call with my team, you can do that as well. I'll put a link to that. So once again this is Andrew Mitchem here at The Forex Trading Coach enjoying trading, enjoying life, getting outside, putting trades on, leaving them to do their thing, letting the market do its thing. And that's the key to enjoyable and successful trading. Episode Title: #630: The Truth About Full-Time Trading (It’s Not What You Think) Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Fuel Prices Are Rising… But Oil Is Dropping?  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass 629: Fuel Prices Are Rising… But Oil Is Dropping? In this video: 00:33 – War, cost of living and fuel increases. 00:57 – US Oil prices fluctuating. 01:38 – In 2022 the oil price was higher than today. 02:40 – As traders we can Buy and Sell. 03:55 – What makes our style of trading different. 04:35 – Our redesigned website. 04:45 – Blueberry Markets as a Forex Broker. 05:16 – Check out our Masterclass. Fuel prices are going through the roof across the world, and the cost of living is going mad. Now, how can you trade oil and what's happening to it? What's happening with this war? And how can we as traders make money, whether the oil prices are going up or down? Let's talk about that more right now. Hey there traders! Andrew here The Forex Trading Coach for video and podcast number 629. War, cost of living and fuel increases. Now obviously the war and the cost of fuel in particular and the cost of living in general is just affecting anybody, really doesn't seem to matter where you live in the world, fuel prices are going absolutely mad and when you have a look at charts, you have a look at oil, for example. It's a little bit difficult to understand some of it. Now let me give me some reasons for this. US Oil prices fluctuating. And now a couple of weeks ago, we saw the US oil price spike up towards $120. Right now as I'm recording this, it's back to 92. Yet all I'm seeing is the fuel price at the pumps going up and up and up. Now, I also buy Jet A-One Fuel as a helicopter pilot, and that has been going stupid as well with about a 90 cent increase last week, another $0.35 this week. It's just getting ridiculous. Yet on the charts, the price of oil has dropped and it kind of makes you think, without wishing to get political, what's actually happening. In 2022 the oil price was higher than today. Now, I've just had to look back at my charts at the US oil price and some interesting things happened. Now, no one seems to realize that only four years ago, in March of 2022, the oil price was actually higher than the $120 it peaked at a couple of weeks ago, and it stayed there for almost four months. And if you go back further again to 2013, it was around the same level as where it peaked a few weeks ago. If you go back to 2008, it almost hit $150. Yet here we are today in 2026 and the price right now is $92. Yet fuel prices going mad. And of course the knock on effect of food and transport, etc. it's just crippling businesses and people right around the world. So as mentioned, there is the political side of things, which we've probably all got our opinions and I won't go into mine right now, but something seems wrong. As traders we can Buy and Sell. And then there's the trading point of view, which is what we can talk about. And it is something that we can control more. And the beauty of the way that we trade is we can look at whether US oil or UK oil, and we can make a decision to buy or sell, depending on what the chart is showing us at the time. And we've taken many trades in the last few weeks on oils, both long and short, just because you know the price of the fuel pumps going up and up doesn't mean to say you have to take long trades on it. If you're seeing good selling opportunities, and that is the advantage of the way that we can trade on the forex charts. Now, of course, we can trade other markets such as metals. And again, you know, everybody sort of seeing gold and silver go through the roof. Then of course it fell back. And now it's kind of like pushing back up again. And we have the ability to buy or sell metals. You don't just have to buy simply because everybody thinks gold or silver is going up exactly the same in cryptos. You know, we've seen massive move ups, we've seen big falls. And again, we can buy and sell depending on what the charts are showing us. And we can do the same with indices and of course with all of the pairs available to us. What makes our style of trading different. Now that is what I think makes what we do quite unique and quite special and very exciting. It's just giving us the opportunity to be less, I suppose, concerned with what the mainstream media and we kind of have an opinion on those as well. So don't believe everything they tell you. They certainly don't do that. But you know, in general, everybody sort of thinks that metals are going up, cryptos are going up and certainly oils are going up. And you don't have to just take buy trades, look for opportunities in both directions. And that is an amazing thing with the way that we can trade. Our redesigned website. The other thing I want to mention is that we have a new look website out there. So have a look at TheForexTradingCoach.com, check out the new site. Let me know what you think of that. Blueberry Markets as a Forex Broker. And if you're out there looking for a good broker where you can trade the oils and metals and indices and cryptos and of course forex pairs, check out Blueberry Markets. They're based across in Australia. But people from right around the world, in most countries, it's a few exceptions, but most countries can open an account with Blueberry Markets. Great people, great platform, heaps of markets available to trade and very good tight spreads throughout the day as well. I'll put a link to Blueberry Markets as well. Check out our Masterclass. If you're not checked in on masterclass, make sure you do that. There's a link here as well. And any questions or topics you'd like me to discuss on future videos and podcasts just like this? Just drop me an email Andrew@TheForexTradingCoach.com and don't forget to like and subscribe if you're watching on social media. This is Andrew here The Forex Trading Coach. Let's see how oils keep going. But don't forget the ability of us as traders is to take both long and short. You don't just have to be watching those prices at the pumps and think, well, oil is definitely rising because sometimes it's not. Episode Title: #629: Fuel Prices Are Rising… But Oil Is Dropping? Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Before You Buy a Prop Firm Account, Watch This  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass 628: Before You Buy a Prop Firm Account, Watch This In this video: 00:37 – How to pass a Prop Firm Challenge. 00:56 – #1 – Don’t open a Prop firm account right now. 01:45 – #2 – You need a proven and easy to trade strategy. 03:05 – #3 – Trade your own real money account. 04:27 – #4 – Use a VPS and Trade Copier software. 05:54 – #5 – Choose the prop firm account type that suits you. 06:55 – Blueberry Markets as a Forex Broker. 07:10 - Our new look website is now live at www.TheForexTradingCoach.com Today, I'm going to give you my top five tips so that you can easily pass a prop firm challenge. This is a really important video if you're wanting to make money through trading the forex market. Let's get into that more right now. Hey there Traders! This is Andrew Mitchem here, the owner of The Forex Trading Coach with video and podcast number 628. How to pass a Prop Firm Challenge. Outside again here today on an absolutely stunning autumn day here in Nelson in New Zealand. And the topic of today's video and podcast is all about how to easily pass a prop firm challenge. I'm going to give you my five top tips. Now, the first one's going to really surprise you, because you're going to be expecting me to talk about some of which prop firms or trading strategy. But my number one top tip to easily pass a prop firm challenge is not to open a prop firm account. Not for now. Certainly, by the end of this, you're going to know why and when you should do so. #1 – Don’t open a Prop firm account right now. But my number one tip, honestly for now, is do not waste your time. Do not waste your money. Do not pay the prop firm. And if you do that now, if you start now, you're going to lose confidence. You're going to lose money. You're going to waste your time. If you hold off, you are going to pass a prop firm challenge in the end. But if you start straight away, you're almost certainly going to end up losing your money and failing. So my number one tip is do not open a prop firm challenge right now. #2 – You need a proven and easy to trade strategy. My number two tip is, of course, you do need a good strategy. And now the strategy needs to be something that's proven. Proven across different markets, different trading conditions, different time frame charts. It needs to be something that aligns with you. Whether it's the time that you can trade, the time of day, the amount of time it requires, does it actually fit with you? Do you understand exactly what the strategy and the logic is? So that's really important. But also the key to passing a prop firm challenge, once you know what you're doing, is not to hit the drawdown level. So you need to be really sure that the strategy and the way that you trade meets their drawdown criteria. So you need to trade with really low risk per trade and have very low drawdowns, and you need consistency in your profitable trades as well. So it's not just about here's a wonderful strategy. It needs to be something, you know, if you hit like a 5% drawdown in a day or so because you're risking too much while you're going to fail the prop firm challenge, regardless of how good your strategy is. So you need to really focus on reducing risk per trade and knowing what you're doing, and when to take the trade and how to keep that risk low. #3 – Trade your own real money account. So third thing would be once you have that strategy in place, you need to get on to a live account of your own money. It needs to be your real money, your live account. It doesn't need to be big, but it needs to be a live account. And the reason is, is that the psychological change between a demo and the live is huge. Now, it doesn't need to be a massive account. I said it could be like a few thousand dollars, but it just needs to be real money. You need to bring emotions into your trading. You know, when you have losing trades, you're going to, you know, it's going to hurt. When you have winning trades, you're going to feel fantastic. So you've got to understand those emotions. But also you've got to try and control those emotions so that those drawdowns and those losing trades and those highs from the winning trades become almost neutralized. And I wouldn't suggest you go to a demo because a demo doesn't mean anything and demo doesn't teach you the psychological side of making or losing real money, your money. So tip number three get on to a live account. You then need to also prove that with your live account, you can become consistent. Now you also need to keep that drawdown very low and treat it though it's a bigger account as well. So show up, be consistent, keep your drawdowns very, very low. And so prove to yourself first on your money that you can trade properly. #4 – Use a VPS and Trade Copier software. The fourth thing you should then do is seek out a virtual server and trade copier software. Now, the reason I say that is because it then makes trading one account or multiple prop firm accounts, whether they be on the demo stage or a live account, different account sizes, different denominations. It makes it very, very easy. Now you think about this in terms of the reality of trading. You're out there trading your, let's say, 2, 3, 4 or $5000 account live and you're saying, well, I'm doing okay. I've passed Andrew's tip number three and it's all good. The trouble is, if you then start on a $100,000 demo or $100,000 live account with a prop firm, that's a massive change in your mental approach. So you don't want to be trading directly on that prop firm account. What I suggest you do is you trade your life master account still, and you have those trades copied behind the scenes automatically onto your prop firm account or prop firm accounts. You know, just imagine you've got five prop firm accounts open. You don't want to be trading every single one of them individually, placing trades, calculating risk lot sizes, entering stops, moving positions, all that type of thing. You don't want to do that. Trade your one small live account properly, knowing that behind the scenes it's getting copied through a trade copier software and a virtual server onto your prop firm account or accounts. Behind the scenes makes life so much easier. #5 – Choose the prop firm account type that suits you. And then finally, my fifth top tip, once you've done all those and you've mastered stage one before, is you do then of course go on to a prop firm account. Now, there are various prop firm accounts out there. And like all things in life, some are better than the worse than others. Some will allow you to go on to one demo and then straight onto live once you pass the demo, some have two stage challenges, some allow you to go straight to live. You really need to figure out what is best for you in terms of the account size, how many accounts you're going to go through, which prop firms you're going to go through, etc. like that. I can certainly give you some ideas and suggestions, but really, once you know how to trade, you then need to decide which prop firm account and company you are willing to go with. So those are my five top tips there. And you do all that and you can then start to easy pass prop firm accounts, quite comfortably, like we have so many of our clients doing on a regular basis. Blueberry Markets as a Forex Broker. If you're out there looking for a good broker, I can highly recommend Blueberry Markets. They have a they also have their own prop firm company as well, Blueberry Funded. But have a look at Blueberry Markets throughout there looking for a good broker. Our new look website is now live at www.TheForexTradingCoach.com And lastly, have a look at our new website, TheForexTradingCoach.com. Our new look website has now gone live. Hope you like the changes and improvements with modernized everything made it a little bit more, sort of, cool looking, you know, it's more efficient, more information on there, easier to navigate and just a little bit sort of modernized. It kind of needed it. And now it's had that facelift. So, hopefully you like that. And, if you'd like to join us, of course, you'll find the joining link on that website. And joining us and learning how to trade properly first is also going to be your shortcut to passing a prop firm challenge, because we have so many people that trade prop firm successfully, because of the way that we do trade and our strategy and the support that we have and the help and longevity and proven strategy across multiple markets and, and such a long time within the markets, you know, we celebrate our 17th birthday, this year in May 2026, in a few months time. So that's it for now. Prop firms are a great way. They're a great option of making money. But, honestly, look at point number one, the best thing you can do to start with if you don't have the other points sorted, is do not open that prop firm account just for now. Get points two, three and four sorted and then go to the live account or the demo account with a prop firm. This is Andrew Mitchem here at The Forex Trading Coach. I see you this time next week. Bye for now! Episode Title: #628: Before You Buy a Prop Firm Account, Watch This Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Why Most Traders Are Completely Confused  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass 627: Why Most Traders Are Completely Confused In this video: 00:38 – Information overload. 01:29 – AI predications. 01:53 – I know in my head how to trade. 02:47 – News events moving the markets. 03:46 – People switching strategy. 04:54 – Our strategy has never changed in 17 years. 07:39 – Blueberry Markets as a Forex Broker. Do you suffer from information overload? You know, you see signals out there online. You're not sure what to do. There's so much information, conflicting information. And you just have complete confusion. You don't know what to do, when to do it, and therefore you probably either gamble or give up. If that's you, listen up. The next five minutes is going to be absolutely invaluable information that's going to help change your trading around. Let's get into that more right now. Hey there traders. It's Andrew here at The Forex Trading Coach with video and podcast number 627. Information overload. So today I want to talk about information overload. It's a big problem that people have. You know there's so much information out there online. There's thousands and thousands of indicators. And people seem to think they're going to come up with the Holy grail of indicators. You know, there's massive amount of conflicting information with social media signals. And, you know, there's, other social media, signals saying buy on this pair and at the same time, you're indicators turning down and therefore you think you should be selling, you'll see something on YouTube that says buy. You see something on TikTok that says sell and you'll get something on signal or, you know, telegram that says completely opposite and people just have no idea what to do. And you can see why, because they rely on other people to make that analysis for them, and therefore they really don't know what they're looking for. AI predications. And, you know, the, the other common one that I'm seeing now, of course, is AI predictions. And that, again, you know, while in theory and great AI is going to solve all our problems. Look, AI is going to make us damn lazy. We're not going to have a clue what to do. And if you want to rely on AI, then you know, good luck to you. That's all I can say for me. And I had this discussion with someone just last week. I know in my head how to trade. To me, as a trader, there is nothing better than knowing in my head and in my heart I can see trades, I can take trades. And I've got that information and that powerful information, to be able to do this. You know, for the rest of my life, I want to or however long I want to, and pass that information on to people. And, you know, for people that want to put a bit of time and effort in to figure out this for themselves, then, you know, I think just being able to do this for yourself is massive, and A.I. it's just not going to cut it. I can't see it. It's just not going to have those nuances of those human factors that, you know, we have and can see. Now, sure, I'm not knocking it. And sure there of course there will be a place for it. And, you know, it can help do some analysis in the future and potentially take trades when you're asleep or those type of things. But overall, I think you still need some common sense and knowledge of trading in order to even use A.I., News events moving the markets. News as well. Of course, that's causing massive issues with people right now. You know, we've got the Iran war going on with the oil price going up one day, crashing the next day up again. And and people think it's, you know, it's causing problems. And I get a lot of people say to me, hey, Andrew, what's happening right now with your trading due to this? You know, this war? And I said, well, nothing's changed. You know, markets are moving up and down because mostly in the currencies we're trading pairs. You know, if, let's say the US is particularly strong, then you might, you know, be buying the GBP/USD, selling the GBP/USD if the US is weak, you might be selling it. You know, it just depends on what's happening. On that particular day. We, over the last week or two have just had some incredible trades, mostly sort of 12 hour time frames down to two hours. The longer time frames have just been a little bit harder to trade, but that's just the way the market is right now. But again, it's understanding what to do and knowing what to do and see a trade take a trade is the crucial aspect there. People switching strategy. So look analysis paralysis causes a problem. It just leads to people to switching strategies. You know, they don't get a strategy or it's not working straight away. So they move on to the next shiny object. And that's a common problem that I see all the time. And of course, what's that doing? Is it leading to inconsistent trading, lack of confidence, lack of making a decent return. You know, you're losing money and you know, you your spouse says to you, look, you just wasting our money and it's just not working. Go and do something else. And and that's the problem that I see time and time and time again. It's just such a common problem. And I get it. Well, it's because people don't, stop to actually, like, invest in themselves. Through their education or their time into trading, learning properly themselves, developing their own strategy, whatever it might be. And it's like anything life isn't that, you know, if you're going to put some time and effort into it, you'll probably do quite well if you think you're just going to wing it and, and fluke it or, you know, find the answer on, you know, on social media, it's probably not going to be a good long term outcome for you. Our strategy has never changed in 17 years. Why I'm saying that. Well, look, we're 17 years old here at The Forex Trading Coach. In a couple of months, it's something we're immensely proud of. And I just wanted to let you know that in that time, the strategy has never changed. And so when I talk about all these issues of the analysis paralysis, you know, whether it be a war going on, A.I. whatever it might be, and that leads to confusion and conflicting information. And clients don't have that. You know, we have a massive community of people right around the world in 111 countries, all looking at the same strategy, the same charts at the same time, or helping each other. We post, trades each day, for our clients to follow our multiple time frame charts and so if a client has a question, we answer it and they know exactly. You know what, we know what they're looking at, and they know what we're looking at because it's the one strategy. But when you think about it, how many people out there, can you say that you can find anywhere online? I challenge you to have a look anywhere online that can say, the course that I'm teaching is identical in terms of the strategy, for close on 17 years. That to me says everything it tells me. And it should tell you that what we're looking for, our strategy is completely, well and truly proven across all markets, timeframes, trading conditions, wars, oil prices going up, oil prices come down, the creation of cryptos, the ability to trade metals and indices, commodities and more forex pairs and it still continues to work. So, I think that really sums up everything you need to know if you're out there looking for someone to give you some help. Because why would you look anywhere else? Everything that we have, created over those 17 years is there to help our clients, trade easily, to have an understanding of what to do. Sure to use our help, especially at the very beginning when the learning, but over time to become independent, successful forex traders without our help. We're not interested in having people year after year after year, you know, being handheld that's not our aim, our aim is to say this is a strategy. It works. Stick with it, understand it, ask questions, use our help. And after a year, you know, six months a year, you're off doing your own thing and really, you know, progressing well, profiting potentially on prop firms, however you want to go with your trading and, and you, you know, you're a happy customer. So, that's it for today. Don't get confused. Don't seek out something that works. Get off. You know, the vast majority of the social media and the A.I. and the signals, learn how to do it for yourself if you really want to become a good trader. Blueberry Markets as a Forex Broker. One last thing. If you're out there looking for a really good broker, I can highly recommend Blueberry Markets over in Australia. They're, you know, they're great people. So many, people who. I've sent them over to them over the years, and all you get is this consistent feedback. You know, great people, great platform, great spreads, withdrawing funds. It's just really easy. I withdraw some funds from an account, just on Friday of last week. By Monday, it was in my account, here in New Zealand from Australia. So great people. Have a look at Blueberry Markets as well. This is Andrew here, The Forex Trading Coach I see this time next week. Bye for now. Episode Title: #627: Why Most Traders Are Completely Confused Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

The Psychology Hack Every Trader Needs  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass YouTube: Dr. David Bonanno Enroll to Max Discipline Click Here to Learn More About Max Discipline Click Here to Checkout the Book: The Consistently Calm Trader: Master the War Between Discipline 626: The Psychology Hack Every Trader Needs In this video: 00:17 – Talking about mindset in trading. 00:54 – Dr David Bonanno helps traders. 08:02 – Traders issues with over trading and thinking money! 13:24 – Don’t reinvent the wheel. 16:30 – You don’t need a 90% win rate. 21:40 – You have to love the concept of trading. 25:55 – Traditional forum sites don’t work. 27:50 – Be real with your trading. 30:25 – Contacting Dr Dave. Andrew Mitchem Hi everybody. It's Andrew here at The Forex Trading Coach. Welcome along to another video and podcast. I'm really pleased today to be joined by Dr. Dave Bonanno over in the US. Dave, welcome along. Nice to have you here. Dr. Dave Bonanno Thanks. Yeah. Great to be here. Talking about mindset in trading. Andrew Mitchem Really looking forward to this because quite often in trading we talk about strategy and rules, talking about indicators and charts and things like that. But today we want to bring it back to something that applies to everybody. No matter what type of trading you are, whether your fundamental trade, a technical trade or a mix. And it's really important that you start to understand, your mindset within trading. And that's why, Dr. Dave here today is here. And how he's going to help you and all of us listening and watching with the mental aspect of trading. So, Dr. Dave, maybe you can start about introducing yourself, what you do and how you help traders at that. Dr David Bonanno helps traders. Dr. Dave Bonanno Okay, great. Yeah. So I started off, as a therapist who is really trying to help people with problems, especially PTSD. And most people don't really know what PTSD is like. If you look it up, there's no definition. It's just a list of symptoms. So the way that I define it now is that it's when you have adrenaline and it just is overactive. And the thing to know is that when you have adrenaline, it makes your logical brain go offline. So I maintain that adrenaline is every trader's enemy, and it doesn't mean that you're in full fight or flight, or that you're afraid or that you're angry. It can affect us in a lot of ways that we're not even really aware of. And so if you like, read other mindset books or listen to other people who talk about the psychology of trading, they talk about changing your thoughts. But what I'm really all about is how to, engage with your subconscious in a way so that it doesn't contaminate what you're doing on a moment by moment basis. Andrew Mitchem Interesting. So you're taking a slightly different approach to it. So on a like just to get it on the beginning, but to give her some right at the beginning on, on a, on a like a practical basis, someone's out, they're trying to identify a trade setup or they're in a trade maybe. What do you do that could help them with those scenarios? Right. So I had this trader named Tony, and he was really successful in his career, and he wanted to gear up for retirement. And he he was a very logical guy and he could understand intellectually probabilities and all that. But when money was on the line, especially when he was trying to scale or even when he was trying to, take payouts from the prop firms, he would find himself just not quite making the right decisions. So of course, he looked at his strategy and and his, you know, technical skills. But I think what he didn't realize at the time was sometimes adrenaline would get in the way. And and so that could be like if he was putting pressure on himself to provide a financial security for him and his family, or if he couldn't really accept losses all that well, and I'm not even talking about like, yeah, I'm not talking about like throwing a tantrum or anything, but like, his wife would notice that he wasn't in a very good mood after he had a red day. And so, yeah, we we needed to look at what was going on for him subconsciously. And, you know, we all could try to think like, well, you know, I'm pretty much in control of my emotions or I didn't really notice, you know, what was happening for me in the moment. But we're talking about subconscious stuff. And by definition that's what we're not aware of. Andrew Mitchem Yeah. Dr. Dave Bonanno So yeah. Yeah. So, yeah, one of the things I do first is I help people to identify, what exactly is going on for them. And it doesn't mean, you know, that we have to go back to the past and blame your parents for everything. Like I was taught to do as a therapist. But we use, eye movements, which is, like EMDR if if people don't know what that is, it's the most researched, intervention for PTSD that there ever was. And I'm sure you probably even know people who've done it. So anyway, that kind of allows us to interface with your emotional brain. So, like, we have two brain systems that are at play at the same time. It's kind of like two TV shows that are superimposed on each other, and you can't just ignore one of them and sometimes I yeah. So sometimes our head and our heart is in sync. But a lot of times it isn't. At least as much as we'd like to think that it is. So yeah, if we can actually like kind of interface with that part of our brain, that's the part that makes our logical brain go offline. So we still do need that emotional part. Like it's sort of like, like, you know, when you're dreaming, then you wake up and your logical brain think so that was crazy. But that's really because the logical brain was out of the way. And it's it's coming on, you know, with your, emotions. So what I'm getting at is, that when you're able to move your eyes, that's what allows you to connect with your heart. It's great for journaling because instead of trying to go back and guess at what you were doing subconsciously, it really kind of helps you to get there. And that's what we did for Tony. Andrew Mitchem Interesting. And so his results work improved dramatically after some time. Dr. Dave Bonanno Oh, absolutely. Yeah. He's he's doing awesome now. He just, showed me a picture of a house he wants to buy in Florida, and, he, he needed to help his parents out. And he, he was putting a lot of pressure on himself that he wasn't really quite aware of. And that's going to add adrenaline and, you know, like. Yeah. So like if he if you look at advice from other trading coaches or mindset coaches, they're like, okay, well you have to control your emotions and you have to use your willpower in order to kind of, push them aside and focus on what you need to. Yeah. And that that can work sometimes, but it doesn't work all the time. And if you're telling somebody who's full of adrenaline that they need to calm down, that's kind of like telling somebody who's full of alcohol that they need to be sober. Like it just. Yeah, yeah, yeah. It's yeah, yeah, I know I've tried. But, Yeah. So I think instead of trying to use your willpower and then blaming yourself when you, when it doesn't really work, and then people start to go into a cycle. Right. Like they start to doubt themselves and they start to think, well, maybe I'm a weak person or whatever. And really, I think they're just kind of setting themselves up for failure by expanding, their body and their mind to react in ways that it's not set up for it. Because once again, like when you're in fight or flight, you're but your brain is designed to go offline, like, you know, if you're if you're in the forest and you see a bear or something, you're not supposed to be going through all the, pros and cons of the opposite, like you need to be running away or fighting. It would. Yeah. That's right. Yeah. So that's just how we're built. So. So when we're training and there's like, you know, people can follow their rules, fine. If there's not too much pressure. But when you're scaling up or when you're trying to, make this one being trained, you know, that's going to really help you out. Or if you're trying to get like a good feeling, like if you're if you're a little bit maybe addicted to training, you're doing it to feel good, then it's going to backfire. And then the harder you try, the more you're feeding energy into that negative cycle. Traders issues with over trading and thinking money! Andrew Mitchem Yeah, that's really interesting. I get a lot of people over the years that come to me and they have this exact issue, and a lot of people, unfortunately, when they get into trading, they they have this mindset. And like I did exactly the same over 20 years ago, you get into it, it's new, it's exciting. You think you're going to make lots of money. Then you start looking at charts and lines and dots and arrows and indicators and you think, wow, this is awesome. I'm good. Look at this. Crosses this. I'm going to buy here, make a fortune. And then you soon realize it doesn't work. And you then or the other issue I noticed that a lot of people have is they overtrain so much, you know, they want to go down to the very short timeframe charts because they believe the more they trade, their more they're going to make. And they're and you used the word just now about being addicted, whether it was alcohol or addicted to things. And I find that so many people have that, that they're trigger happy. You know, they go to click, click, click, click, click trace and and of course, inevitably it will end up, losing for them. And then their whole mindset starts, that whole self-doubt and, and all they get to that stage where they'll go. ...

Stop Watching Charts All Day (This Is Why You’re Losing)  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #625: Stop Watching Charts All Day (This Is Why You’re Losing) In this video: 00:35 – These things will destroy you as a trader. 01:51 – Mistakes that most traders make during the journey. 02:55 – The perfect chart to trade. 03:46 – Look at 5pm EST for multiple chart opportunities. 05:15 – Don’t burn out. 05:58 – View my Masterclass. 06:30 – Blueberry Markets as a Forex Broker. 07:21 – Contact me for help. If you're watching the charts all day. Taking multiple trade today and you're not consistent, then this video is for you. You see, it's not always the strategy. It's not your indicators. It's not your broker's fault. It's a screen addiction. So if that's you, listen up. I've got some really good information to share with you. Hey there traders! This is Andrew Mitchem here at the Forex Trading Coach with video and podcast number 625. These things will destroy you as a trader. And in today's video I'm going to talk about why trading the shorter time frame charts and screen addiction and over trading will destroy you as a trader. It's going to destroy you in many ways. It's going to destroy your confidence. It's going to destroy your time with your family or whatever else you do with your day. And it's a common problem. You see, the issue is that most people think that they need to be trading all the time, and therefore they get onto the shorter timeframe charts, generally one hour or below. Most people that they're trading say, 15 minute charts, five minute charts or even one minute charts and it's completely crazy. And it comes about from that, lack of understanding, that lack of mindset of, of well, the people think that they have to trade more to make more money. And it's just is not true. All you're going to do is completely put yourself off trading, tie yourself out emotionally, physically, and you're just going to end up paying lots of money to your broker because you're paying lots of entry fees to take trades. You'll end up doing silly things like revenge trading and, you know, scaling up stupid position lot sizes, etc. and, and just making complete silly mistakes and losses. Mistakes that most traders make during the journey. The good thing is, though, is that we've all been there, we've all done it. We've all made those mistakes. And I've been trading for over 20 years, and I can tell you I've made every mistake there is out there. The good thing is the solution is fairly straightforward. And it's generally to get on to the longer timeframe charts. And I would say that something like generally a 4 hour chart or higher, the daily charts, if you've been following me for any length of time, have always been my preferred timeframe chart, because it means you just need to look once a day. It doesn't matter where you live in the world, you can look at your charts. One today. Very easy to do. It still gives you plenty of trading opportunities. You know, the downside with, say, like the weekly charts or the monthly charts, although they can be very, very good, is that, you know, you only potentially might have an opportunity to trade, say, once a week, obviously once a month. And sometimes there may be nothing on those timeframe charts. And so it becomes a long and wait in between trades. The perfect chart to trade. To me, the daily timeframe just offers the perfect mix of everything. It means I can look through so many different charts. I can be very specific. If they say as an example, strength in the British pound, I can then go through and find the best set ups, that are buying the pound against maybe some of the weaker currencies. And, you know, you can look through the charts once a day and make those very, you know, refined, trading opportunities sort of out there you're not rushing to do things, especially the way that we trade as well when we're using limit orders as well. And so I just find that that is such a great opportunity to look through forex pairs, non forex pairs as well. Because you know, we look through metals and commodities and cryptos indices etc. like that as well as just the daily charts. Look at 5pm EST for multiple chart opportunities. And the beauty is, is that if you are looking at your charts on the daily timeframe, you can, go through that exact same timeframe and scale down as well and give yourself opportunities on charts such as like 12 hour charts, 8 hour, 6 hour, etc. and they all change over at the exact same time, which is New York, 5:00 pm. Now you will notice that the spreads at that time of the day can be quite large, and so don't take trades until at least 6:00 pm. Don't place the trades until at least 6 p.m. New York time. Now, if you're in, let's say, Europe, that could be quite late at night for you. That's fine. Place the trades in your morning. You don't have to be up at like, midnight to place those trades. Wait till the morning and you'll find that most times, especially the way that we trade with limit orders, if you're, say, taking buy limit orders, first of all, you're looking for the market to first fall anyway before it fills your buy limit order. Now for you in let's say Europe, when that's early hours of your morning, you know, sort of breakfast time. Let's say you can place your trades in and very rare occasion, you're going to find that the trades taken off without first retracing. So almost no time are you going to miss out on those trades if you take them multiple hours later? Likewise, if you leave this side the world, Australia, New Zealand, you say, well, Andrew, I'm at work all day. I can't take my trades to 5:06 p.m. at night. That's absolutely fine. It's the same time, you know, it's European morning. Look at taking your trades there. Don’t burn out. So that would be my suggestion. Enjoy your trading. You know, this is why, after 20 years, I'm still loving doing what I'm doing. It's because one, it works, but two, I'm not burned out by just chart watching and trigger happy on the, you know, on the on the mouse and the keyboard all the time. You place your trades, you know your risk. You know the very worst that you can do per trade because you have control and low risk. You know your profit target, let the market do its thing and enjoy your trading, and you will become far more happier when you're trading far more profitable, far better as a person because you're not grumpy, because you had to glue to the charts or the trades are going against you. You're not stressed, you're relaxed, you're enjoying your trading, you're thinking sensibly, and the results will be far, far better. View my Masterclass. So if you'd like to find out how we do that, I'll put a link here to our masterclass where you can jump on and, and see what we do. By the way, in, early March, we're looking at taking on just a small number of extra clients. We got a lot of people joining us in March, but there are just a few spaces available. I'll put a link, to joining us as well. There's just a handful of spaces right now as I'm recording this available for the early March intake. So don't miss out if you'd like to take your trading to that next level and become a good, profitable trader. Blueberry Markets as a Forex Broker. If you are out there looking for a broker, I can highly recommend Blueberry Markets. Their MT5 platform especially just has so many markets on there. As mentioned, forex and non-forex markets and really good tight spreads as well. So I'll put a link to Blueberry Markets there. If you're out there looking for a good broker, there's obviously so many choices of brokers and it can become a bit of a minefield. I've dealt with Blueberry for many, many years. Their staff are just incredible. Fund withdrawals at a super fast and spreads and available markets are huge. So spreads are not huge. Spreads are tight, available markets are huge. I just want to get that bit right. Just so I didn't make any. Yeah. Errors there. Their spreads are really, really good. Lots of markets available. So, have a look at Blueberry Markets as well. Contact me for help. Any questions you have any topics you'd like me to discuss? Forex related to help you out? Just drop me an email. Andrew@TheForexTradingCoach.com I reply to all emails personally as well. I'll see you this time next week. Bye for now. Episode Title: #625:Stop Watching Charts All Day (This Is Why You’re Losing) Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

The Smarter Way To Pick Winning Stocks  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Checkout the Tykr Platform here. #624: The Smarter Way To Pick Winning Stocks In this video: 00:14 – Sean Tepper – found of TYKR 04:55 – How does this software help? 08:50 – TFTC also helps create successful traders 12:25 – Is social media helpful? 16:20 – Multiple brokers or one? 22:18 – TFTC creating a trading bot program 28:16 – 60,000 stocks analyzed 32:45 – Contact Sean Andrew Mitchem Hello, everybody. It's Andrew Mitchem here at The Forex Trading Coach. And today I'm really pleased to be joined by Sean Tepper, who's the founder and the CEO of Tykr. Welcome along. Sean. Sean Tepper Andrew. Good to be here. Andrew Mitchem Awesome to have you. Sean, could you introduce yourselves to everybody and let us know who you are and what you do and what we're going to talk about? Sean Tepper – found of TYKR Sean Tepper Sure. Yeah. My name is Sean Tepper. I'm the founder of TYKR, as Andrew said. And long story short, TYKRs a platform that helps people buy and sell stocks with confidence prior to that. My background is about 20 years in tech, 15 years investing, and I kind of created TYKR as a solution to a frustration in the markets. Sean Tepper And we could dive into what that frustration is, if you'd like. Yeah. But yeah, I had to create a solution because it was very hard to make decisions when I first got started. And that's where really TYKR came from. And, but yeah, fast forward to today. We've got a little over, 13,000 customers in about 50 countries, including where you're based. Sean Tepper New Zealand. Andrew Mitchem Oh that's good. Yeah. So you had 50 countries. That's a that's an awesome effort. And, and Sean, I was reading about, you know, you started, on your website says, in, you know, 2011 to 2015, you were trying to figure out what wasn't there to help you. What did you find back then? Was the biggest frustration that led to TYKR happening? Sean Tepper Yeah. So when I first got started, you know, I think I joined E-Trade. And, you know, there's so many brokers these days, it's hard to keep track of. But as soon as I joined, I had no idea what to do next. So I started going on YouTube researching where do you go to invest? Like looking up different investing platforms? Sean Tepper I found a few of our competitors, like Seeking Alpha and Motley Fool, and they do a fine job, but it's still very difficult to truly know the difference between a strong stock and a weak stock is is very frustrating. And for context, my background is in tech, but to go, layer deeper, it's actually in process engineering. Sean Tepper Like I've worked a lot for GE and Koehler. And the rule is in process engineering, if you have 100 data points, you cannot present that to a customer or an executive. You have to roll it up to ideally a binary decision like yes or no or a traffic light. And I was complaining at that time, like, am I the only one complaining about the fact that there's no process engineering lens layered over investing like, this is insane. Sean Tepper Like nobody's making it easy. And that was kind of the green light I was thinking of, like, hey, if I could figure something out here, I think the big solution is a create a process engineering solution in the world of finance and apparently I'm the only one really doing that today, other than the few platforms that say buy or sell. Sean Tepper But I don't really recommend that. But yeah, that was that was the beginning. And it took about a year to build this Excel sheets. And I give you context here, I found a lot of inspiration from Phil Towne. He wrote a few books on value investing. Do you know Phil Towne? Andrew Mitchem No, I don't know. No. Okay. Sean Tepper Your your audience may be interested. He wrote a book. One of them is rule one. The other one is payback time. I really provided some. Yeah, yeah. You know, rule one investing, Warren Buffett. We can talk about that. But, yeah, I, I found some of the calculus in his books, put it into Excel, and I ended up coming up with about 50 data points to analyze the stock. Sean Tepper And then on top of that, I created a traffic like rating system where stocks are either on sale, watch or overpriced. That's green, gray or red. And I used it the next 4 or 5 years on my own, making returns between 15 and 50%, and my returns still fall in that range today. Our customers actually fall in that range as well. Sean Tepper But yeah, I, I wanted to make sure I'm using my own money testing it to make sure it works, not just like four weeks or four months. I went like that over four years. And then it was 2019 was the inflection point when I'm like, I think I've got a solution here, but let's just confirm. Sent the sheet to a few of the retail investors and everybody's like, I'm not going to use this Excel sheet. Sean Tepper This is insane. You got to create a software. So that right. That was the green light. Let's go create a SaaS platform. And took a year to build the first version. And the first version was not pretty. But yeah, fast forward to today. That's where we're at. But yeah. Andrew Mitchem They Nimrod when you look back on them. Sean Tepper Yeah, right. It was like the, the metaphor I use is it felt like I was building a physical prototype made of like, and duct tape and cardboard. It was not pretty videos. It's pretty ugly. But you get feedback from your customers and you just keep making it better, and it actually turns into something. How does this software help? Andrew Mitchem So, yeah, awesome. That's brilliant. So fast forward then to today. Why would someone come and use what you have and I suppose in a practical basis, how does it help them? What are they. What do they input? What do they use to make decisions for them? Sean Tepper Sure. Yeah. So I'll give you some of the the subjective reasons and then we'll get into the objective and why that's actually important to our, our broker partners. But our rating system again process engineering, it doesn't sound very glamorous, but the concept of making decisions very easy for people, it is very true in most industries. So we we use the process engineering lens. Sean Tepper Plus we take a lot of inspiration from Duolingo for language learning in our opinion. Like what? They've got over 600 million users. They're doing something right. We're teaching people how to learn a language with these micro learning modules. And I'm like, we need to do the same thing in our platform, but it's got to be investing focused. So we've got these modules peppered around that quickly teaches people how to invest in you put the two together, the rating system, plus the simplified education that helps people. Sean Tepper And it's not our guarantee, but it's it's something we let people know upfront that 90% of customers is actually over 90. But we say 90% of customers that use TYKR are able to go from a beginner to confident an investor in 14 days or less. It's very quick. Wow. And what does that mean from an objective standpoint? And this is what matters most to brokers, which is most brokers we're talking to have two big problems. Sean Tepper And number one, very little transaction volumes, like somebody will join on day one and they'll wait three months or six months or nine months, and then make another trade. And the other issue is the average account size is less than 5000. While with TYKR after five years. Now we're we track like a lot of data points to see our, investors behavior. Sean Tepper And typically people make 30% more transactions after joining TYKR. And their average account size is about $180,000. So what that tells us is and it tells. Right. So these people are their confidence is skyrocketing and they're adding more money from their checking account or their savings. So it's not sitting in a low interest vehicle. So so there you go. Sean Tepper That's how we're different. I'll give you one more way where different in your audience may appreciate this is TYKRs. Calculations are actually open source for personal use. And the SEC really likes that. Like we had an audit done to make sure we fall in that publisher exclusion category. We could talk about that in a minute, but making sure we're not we're not giving financial advice, but this firm we're talking to and we had another we're actually had two firms. Sean Tepper Take a look. They were both very impressed that we we put those calculations out and I'm like, I'm, I'm actually not concerned anybody's going to take it because it's even though it's relatively simple math, it's a lot of it. And try to put together in a software what would take you a really long time. So fortunately nobody's tried to duplicate it. Sean Tepper But the calculations are out there. Andrew Mitchem Yeah, well, for the sake, I was looking on your your purchase, page. Your pricing page. For the sake of $50 a month, you just use it. Wouldn't you? Rather than trying to reinvent it or. Sean Tepper It exact right at the base price is like, you're saying 15, 15 bucks a month or 99 a year? You're right. It's like, oh, okay. So here's the here's the calculations. Yeah. I'm not going to reiterate. That's where it. Andrew Mitchem Is. I mean in in lifetime working it out will spend $100 a year same. Sean Tepper Same prices Netflix their. Andrew Mitchem Data. Exactly. Yeah a lot more educational. Yes. Sean Tepper Yes. TFTC also helps create successful traders Andrew Mitchem Thank you. So it it sounds like although we're in, slightly different markets within the overall similar markets now, we have something very similar going on,...

Trade the Markets From Anywhere in the World  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #623: Trade the Markets From Anywhere in the World In this video: 00:27 – On holiday in Christchurch. 00:41 – My trading day remains the same even when travelling. 01:45 – My trades today. 02:30 – Using limit orders to place trades when it suits you. 04:23 – Massive moves in the market. 05:05 – Get on my Masterclass 05:25 – Blueberry Markets as a Forex Broker. Would you like to trade and travel at the same time? There's not many other opportunities that allow you to make money, carry on with your normal work, and travel. So let's talk about that really important topic and more right now. Hey there Traders! This is Andrew here The Forex Trading Coach with video and podcast number 623. On holiday in Christchurch. I'm in Christchurch in the South Island here of New Zealand. Been here for a few days with my wife. We went to see a show last night. Caught up with one of our daughters who lives here, and we're having a great time. Middle of summer. Absolutely beautiful here with the River Avon behind me. My trading day remains the same even when travelling. Now, with being here, trading has carried on exactly the same for me. I've just taken the daily chart trades today. It's just turned 11:00 here, and my trading is exactly the same as if I were at home. And that is one of the beauties of being able to trade properly and to trade the way that we trade. I see so many different people on YouTube and different social media sites where they're looking for this pattern to happen and they're looking for this indicator to cross that one and they're looking at, say, like 5 minute charts and 15 minute charts. And to me, it's just not realistic. As someone that's been trading for over 20 years and this year The Forex Trading Coach turned 17 years old, one of the things that I find that our clients love about what we do, and also for myself personally, about what we do, is it's still thoroughly enjoyable and profitable, but we're not spending all day looking at charts. My trades today. So right now, I've just looked at one daily chart and one 12 hour chart trades at the 5:00 pm New York change of day, which just happens to be 11:00 in the morning here at this time of year. And then that's it. My trades are done. I will have a look at maybe 5 a.m. New York time, which is tonight. But for people that can't make the 5 p.m. New York time, it doesn't matter. Because the beauty of the way that we trade is we are using limit orders. And so you don't need to be here at this particular time. And when you're traveling, that is so important because obviously different time zones and you've got different events on and things like that. Using limit orders to place trades when it suits you. The way that we trade means that you can put your limit orders on when you get a chance and just leave the trade to do its thing. We have our maximum loss already controlled, so we know the worst that can happen. For me personally, it's only half a 1% risk per trade, but it also means that if we have a profitable trade on the daily chart today, I'm going to make close to a 3 to 1 return. So in other words, half a percent risk, I will make a 1.5% gain on my account. Now, the beauty of that is you can do that. You can put that across to prop firms, whatever it is that you choose to do, whether it's your personal account, live account, or prop firm account, and it's just that one trade taken once a day. And that's the beauty. For me to trade today, because of course I'd be taking the 12 hour chart trade as well, but I don't have to place the trades right now. I've got hours and hours to place the trades. And so if you're in Europe, you see how well the changeover of the new day is night time. Well, you can take those trades in the morning. It doesn't matter. You can say, well, I've got work to do. I've got things with the family. Take the trades when you get a chance. And because, as mentioned, we use limit orders. And if we're taking a sell trade where our sell limit is there, the market first needs to move up and that fills the sell limit order. And then we're looking for the market to move down. Opposite with the buy trade is that we're looking for the market to first move down. And then the daily chart or the 12 hour chart, you've got hours and hours before the market will do that on most occasions. So if you'd like to find out how we do this, how we travel and trade, last year in the US, and this year we're looking at heading away as well in our winter. And so trading, as mentioned, carries on exactly the same. Massive moves in the market. There's been some massive moves in the market again this week. So great opportunities to be taking advantage of those moves across the forex pairs, the metals, and the cryptos. We've seen huge moves. So it's been a great week. And nothing better than trading just once or twice a day. Be on holiday, enjoy the great scenery here and the events on in Christchurch. And trading carries on exactly the same. So if you'd like to find out how we can do that and how we can help you to do exactly the same, whether you want to travel or just work or do other things at the same time, that doesn't mean you're committed to being glued in front of your charts all day long like so many other people and systems are. Get on my Masterclass Have a look at the link I'll put here. Have a look at the masterclass that I've got here as well. If you've never been through the videos and podcasts just like this, the whole library is there, all 623 of them. Blueberry Markets as a Forex Broker. And if you're out there looking for a really good broker, I can highly recommend Blueberry Markets. Of course, they’re from Australia, but people from right around the world can trade through Blueberry Markets on their MT5 platform. I've just taken my trades today on the Blueberry account, and the spreads are exceptional and market execution is great. Everything about them is great. Their customer service is great. Withdrawing funds is super fast and efficient as well. So I’ve put a link to Blueberry Markets as well. And I'm off to enjoy the beautiful sights here in the middle of summer in Christchurch. And I'll see you this time next week. Bye for now. Episode Title: #623: Trade the Markets From Anywhere in the World Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Massive Market Moves Most Traders Miss Completely  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #622: Massive Market Moves Most Traders Miss Completely In this video: 00:28 – Massive market moves recently on Metals and Cryptos. 01:08 – Did you miss out on making money from these moves? 02:15 – Why I don't look at the news. 03:00 – Why trading is not risky. 04:18 – My Masterclass webinar. 04:46 – Blueberry Markets as a Forex Broker. 05:25 – Contact me. We have seen some massive market moves over the last few days and few weeks. Hopefully you've gained from those and if you haven't, you need to watch this video. Let's get into that a more right now. Hey there traders. It's Andrew Mitchem here at The Forex Trading Coach with weekly video and podcast number 622. Massive market moves recently on Metals and Cryptos. Well the moves have been enormous haven't they. If you've been looking at like Bitcoin. Bitcoin was $126,000 just 17 days ago. Then it dropped to $72,000, a huge drop. Did you get some of that? Silver, $121. Just three days ago, then dropped to $71 just in three days. Huge. Did you get some of that? Gold. $5,500 just three days ago. Right now, $4,400 in three days. Again. Incredible moves. Hopefully you got some of that movement. Did you miss out on making money from these moves? And if you didn't, you need to be asking some questions. Because if you go and have a look at, say, the gold and silver, have a look at the daily chart and you'll see at the top of a very, very large uptrend on both markets there was suddenly a huge indecision candle. It was the early warning signal for us as technical traders that things were coming to an end. The bullish run was coming to an end and look what we saw. Now, sure, not many people could have seen such a massive drop in just such a short amount of time. That's not really the point. The point is that if you had seen that indecision candle and you still had some buy positions in, probably a good time to start looking at, getting out of them or closing part of your positions. Likewise, if you're looking for selling opportunities, well, that indecision candle gave you the first decision or early warning that things were about to tip over. But now here we are just a few days later. Now we're looking at buying opportunities again right now, today on multiple gold pairs as well, and a few of the silver pairs as well. And that just comes about from understanding and reading candles. Why I don't look at the news. So if you are out there trying to decipher why these things happen, looking at news, trading and trying to work out all why's gold and silver suddenly going up and up and up and then suddenly crash? Why is Bitcoin done the same? For me personally, as someone that's been trading the markets for over 20 years as a full time trader, I don't look at the news. Yes, I have a look to see what's happening. I'm aware of what's coming up, that type of thing, purely for knowledge. But does it influence my trading? Not one bit. The reason is, is I can tell everything I need to know to make good, smart, reliable decisions from looking at the charts now that, is applied across all markets and all timeframe charts, and that is where I think we have such an edge in our trading now. Why trading is not risky. A lot of people will look at those massive drops and go, oh my goodness, you know, that's so risky. You know, I could have bought silver $121 and then it dropped to 72. It's so risky. I can't do that. And the point is, is that once you understand risk and you have low and controlled risk on every trade, you're not making those massive losses. You know, you just if you know what you're doing and risk is such an important part of trading or controlling it, both helps your emotions and your bank account. You need to keep your risk low and controlled and equal on every trade. And so all that is happening with those massive drops is it was giving us against the massive uptrends great opportunities to take sell positions on those golds and silvers and bitcoins, etc. over the last little while. Now we're seeing pullbacks and now we're seeing bounces at previous lows, and now we're seeing the candle patterns that are starting to turn bullish in the right part of the chart to give us like opportunities to start buying those markets again and picking up those uptrends that are likely now to follow with the bigger picture uptrend after a pullback. And so that's what I call a continuation trade. And that's why right now today we're about to take some certainly some gold trades and a couple silver trades. Buying them back up again. My Masterclass webinar. So if you're out there either getting scared of these big moves or not knowing how to take advantage of them, I really suggest that you spend 30 minutes and jump onto my masterclass. I'll put the link to that here if you've not already been on it. And have a look at what we can help our traders with. Whether it's trading by yourself, trading on a prop firm, whatever it is that you wish to do in order to look after your financial future, but also have the knowledge to know what to do. Blueberry Markets as a Forex Broker. If you are out there looking for a high quality broker, I can highly recommend Blueberry Markets. They're based in Australia and almost everybody, anywhere in the world can open an account with them. They offer, the MT5 trading platform, awesome platform. You know, Metatrader is still one of the most, popular trading platforms. It's free to use. Sure. When you get the demo, it's a bit clunky and a little bit kind of like strange looking, but you add a few templates and a few indicators, like we provide, and everything's just awesome. Simple to use. And I can highly recommend, the MT5 platform, with Blueberry Markets. And I've a link to them as well. Contact me. If you have any questions about today's topic or any, conversations, topics, questions that you have for me that you'd like me to cover in future videos and podcasts like this, just send me an email to Andrew@TheForexTradingCoach.com And they do come through to me and I do answer them all personally. If you're out there, trying to figure out when to trade, look at the candle close, it's the only way you can really trade. If you're a technical trader. And it just means you know when to look at your charts. And if you're watching this video, you see the incredible day we've got here in New Zealand and the incredible scenery that we have here. You don't need to be glued to the charts. People that get glued to the charts and look at like, five minute charts and 15 minute charts. Probably not a great idea. Trade less, take high quality trades and enjoy your life. That's what we do, and that's what we can help you to do the same. Any questions? Reach out to me and, I'll see this time next week. Bye for now. Episode Title: #622: Massive Market Moves Most Traders Miss Completely Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Master Trading Discipline and Consistency  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #621: Master Trading Discipline and Consistency In this video: 00:25 – The mental side of trading well. 00:49 – Tom’s background. 02:40 – You don’t need to be perfect. 06:34 – Ideas for new traders. 09:25 – AI and the future as a trader. 14:25 – Closing the trade early for profit. 16:52 – False results from gurus online. 19:50 – Trading and stress. 23:14 – Andrew looking at D1 charts in a few minutes. 26:25 – People need support and community. Andrew Mitchem Hi everybody. It's Andrew Mitchem here at the Forex Trading Coach. Welcome to another video on podcast. I'm really excited today to be joined by Tom Winterstein, who is a certified mental performance coach and trader over in the US. Welcome a long time. Nice to see you Tom Winterstein Great. Thank you. Great to be here. The mental side of trading well. Andrew Mitchem Tom, look, I think we've got a lot of great information that we're going to help people with on this, video on podcast. Because we were just chatting about the mental aspect of trading and how it's something we're both huge on, but it's something that most people just completely overlook in their trading, especially if they're new. Andrew Mitchem So maybe you can give us a bit of background on yourself and that aspect of your trading and how it's crucial to someone's success. Tom’s background. Tom Winterstein Sure, sure. Thank you. Thank you for that. Well, I've spent over 30 years in the markets as a trader, an investor and an educator, and I've been focus on, you know, global markets like futures and, equities and commodities, forex and, and even crypto using a price action based approach. But that wasn't always the case. That wasn't how I started. Tom Winterstein Like most traders, I went through various different systems, indicators, you know, gurus, signals and stuff and totally ignored, any of the, the trading psychology or mental performance side because I thought I didn't need it. You know, I could succeed without that. You know, most traders, you know, like yourself and like me have been very successful. We've had successful periods in our life and we approach this as something that it's another thing we can be successful in. Tom Winterstein Although it's not quite that easy, it doesn't translate that as well. If you leave out certain parts of it. So what I realized is that most traders don't struggle because they they lack a strategy. You know, most traders have a strategy. They're not just, you know, throwing a dart and buying or selling willy nilly. They struggle because their execution breaks down when there's real money on the line and in their emotions take over the, the class and that that right there, you know, that experience was the shift that led me to focus on building a repeatable performance environment. Tom Winterstein Okay. Right. Hence the mental side of it had to be combined with price action or whatever your strategy or edge was today. My work centers not only in price action, but risk management and mental performance systems that help traders perform consistently, not perfectly, but consistently. And that's that's really, you know, the best we can strive for as traders or investors is to be consistent and have a system that that, you know, takes us through the decision making process. You don’t need to be perfect. Tom Winterstein So in the heat of the moment, those decisions are outsourced to our process. Andrew Mitchem Yeah. Interesting. I like I really like the phrase that you use to that not making it perfect because I think when people get into trading and, you know, they buy a course or they read an e-book, whatever it might be, they see that boring bit at the top that talks about risk management and psychology and mind control, you know, mining everything, the all the important things that we're going to talk about. Andrew Mitchem But they get that, oh, I don't need that. I scroll down through the important bit because I want the strategy. And then when they do things like backtesting, they they want the perfect strategy. And and your phrase about it's not perfect is so true because as we both know, we can see what we think is an A-grade setup. Andrew Mitchem You take your trade and it still doesn't work sometimes. So that's just the way of the markets. But not being perfect is something that people, don't want. They want to be perfect, but they ignore the important and the risk and the micro. Why? Why is that? Why do people do that? Is it just a boring topic? Tom Winterstein Well, it's many cases. Like even myself, when I was younger, I didn't know what I didn't know. Andrew Mitchem Yeah, I know. Tom Winterstein My my background, a formal education is more in, information systems, computer science. Yes. I have a postgraduate degree. I have a master's degree in business administration with a concentration on finance. But it did teach me about human emotions. When it comes in to to an environment like this. And it's it's trading is is pretty much a scenario unlike any others in the world. Tom Winterstein Okay. You know, when it comes down because you have your money at stake and you know, it's it's and really we're performers, okay. And there's a lot of different roles where people perform. Could be a doctor or a lawyer. Pilot could be a skilled, you know, craftsman, a welder or whatever. Those are all acquired skills, okay. And training is an acquired skill. Tom Winterstein However, when you get into, you know, the actual trading in the heat of the moment, there's, you know, there's psychological things beyond or our awareness or beyond our control that we just don't realize that are taking over. I give you one real simple example and we call it, you know, and this is how a lot of traders will sabotage themselves. Tom Winterstein And we call it the identity gap. And and what I mean by that is, you know, like you mentioned, people will read books, take courses, watch videos, and they're highly skilled. Okay. But what happens is their performance lags their skill, meaning that they have all these tools, they know what to do, but their performance has has seemingly lagged their skill acquisition. Tom Winterstein And so their subconscious labels them as an inconsistent trader. Yeah, okay. And that's a really hard label to break because 90% of our overall actions are directed and guided by our subconscious. And that was something that I didn't really understand. I didn't want to understand when I was a new trader. I'm like, that has nothing to do with with trading charts, you know, or anything. Tom Winterstein Until I realized and her and I had done quite extensive study under, you know, a high performance psychologist, when the concept was, was approached to me that, hey, your subconscious is getting in your way, but it's something that can be reprogramed. And what stuck out with me out of that whole sentence was reprogramed because of my computer science backing and like, oh, okay, I need to understand the syntax. Tom Winterstein Tell me the language. What can we do? Are there and there are specific tools to work on. You know how you get in your own way as a trader, you know, without getting and I'm not a psychologist, but but I understand the tools and know how they apply in the trading and investing, world. Ideas for new traders. Andrew Mitchem Right. Interesting. So someone starting out that's watching this, you know, let's say that new ish trader, the difference that we would see as people who help and we've been through this ourselves, you know, the difference between a demo account on a live account and people struggle with that transition, don't they? They, they go, a demo account of making money and I go live and I'm not making money. Andrew Mitchem Why is that? What's going on in their mind that creates that change? Because in theory, if you're profitable on a demo, don't do anything different. And you should be profitable in a life. Tom Winterstein Yeah, well, that's the theory and the demo, right? Yeah. The demo account can be a trap for many people. Because demo trading doesn't really prepare traders. And what I mean by that is without emotional consequences, execution habits never fully form. Okay. So there's no there's no real risk of, of a consequence in this case. When you trade, you lose money. Tom Winterstein That's a consequence and there's no real risk of that consequence. So therefore we don't develop habits to overcome that potential. And and people will tend to do things in a demo account that they wouldn't do with their with their live account. Andrew Mitchem Yes. Yeah. Tom Winterstein You and I see that all the time. Yeah. And, and when I first I've done it. Andrew Mitchem Yeah I've done it. You know years ago. Yeah. Tom Winterstein Right. Right. And I so different when I first started, especially when I first started trading futures, that I felt so different with demo, it didn't I didn't think it was helping me. And so I really didn't trade demo very much to the point was that, okay, even, you know, and this is, you know, before micro contracts, but even with one micro contract, people's palms will get sweaty. Tom Winterstein And you can you can feel your heart and you can hear your heartbeat and think it was one micro contract in a, in a, you know, on the Nasdaq or the futures or, or if you're doing, you know, the smallest of contract size in the forex market, it's just different in a live account than it is demo. Tom Winterstein And so I don't, I don't I don't advocate that people don't....

Why Traditional Investments No Longer Work  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #620: Why Traditional Investments No Longer Work In this video: 00:36 – How can you achieve high returns these days? 01:04 – A massive 0.75% interest rate. 01:50 – Trade results for the week from trading FX. 03:08 – What are your plans for success? 04:00 – Time and financial freedom. 04:26 – The Successful trader coaching program. 04:57 – Blueberry Markets as a Forex Broker. 05:38 – Don’t waste this year – act now! We’re living in a world where high returns are quite difficult to achieve in many traditional markets. And I want to talk about that because unless you’re out there doing something slightly different, you potentially could be going backwards when you add inflation and the cost of living, etc. into the equation. So let's talk about that a more right now. Hey there traders! Andrew Mitchem here at The Forex Trading Coach with video and podcast number 620. How can you achieve high returns these days? Now I want to talk about inflation. I want to talk about interest rates and returns. And the reason I want to talk about that today is I've got a piece of paper here printed out from Lloyds Bank. It's a bank that I used to use when I was a kid over in England. I still have an account with them, and they sent through an email, which I printed out here, regarding a reduction in the interest rates that they will now be kindly offering me on a cheque account that I still have there. A massive 0.75% interest rate. Now the interest rate has gone from an enormous 1% down to a staggeringly exciting 0.75%. So they're effectively cutting the interest rate that I'm getting from nothing to even less, but they're effectively taking it down. You know, they're taking 25% off of that from 1% down to 0.75. Now, of course, neither of those two rates are very exciting. And by the way, this is up to 25,000 pounds in this savings account. Absolutely crazy. And it got me thinking, because just behind me here — and you're not going to be able to see it on the charts — it's only Wednesday morning here and I'm making this video and podcast. Trade results for the week from trading FX. Now, Monday was a public holiday in the US, and so far the market's been fairly quiet this week. But even so, with the trades that I've closed behind me here with very low risk, I'm up 2.9% for the week so far in just two trading days. And the trade that I have open — just one trade — is up 0.5%. So that's already this week substantially more than they're going to pay me in an entire year. And as mentioned at the beginning, with inflation and the cost of living — just go out and try and buy something in the grocery store. Well, luckily here we grow as much food as we can for ourselves. But you go out there anywhere around the world. It doesn't matter where you live. I know what Europe's like right now. I've spent a month in the States last year, and you just see the cost of living. You look at what's happening to your rates bills, like your insurance. Everything that you purchase just to live is going up and up and up through the roof. Yet interest rates in the traditional sense of investment — like, I know a bank account, that's not really what you call a traditional investment — but it's still something that you hope to earn some interest on. After all, it's your money that they're using and they're giving you next to nothing. What are your plans for success? So it comes back to: what are you going to do to change that? Would you like to have the ability to, just like I've done here on my trades so far this week, you know, you put those trades open and closed together, pretty much a 3.5% return so far — in just two very quiet trading days. And so would you like to have that knowledge and ability to do that for yourself on a consistent basis? And if your answer is yes, I would — what's that worth to you? What's that worth to you in terms of a bit of time and investment in yourself? To have that knowledge to be able to do that. And I think that's really the question that you need to ask yourself. Are you going to make 2026 the year when things change for you? Or is this going to stay the same as last year and the year before and the year before, when nothing happens and you’re effectively either treading water or going backwards financially. Time and financial freedom. And also time-wise? You know, because we all want time freedom. But of course we all want financial freedom. And you put the two together, and that's what knowing how to trade properly with a strategy that does not require you to sit in front of the computer here all day. I've just looked at the daily charts today on Wednesday. There are no trades today. I don't see anything. And so I'm not going to take any trades now and even look at the charts now for another 12 hours. The Successful trader coaching program. And so if you want to know how we do that, have a look at the page link that I put here for the course. By the way, we are looking at changing the fee back to what it used to be for the previous 16 years. Right now, as you're listening and watching this, it is on a small join fee and a small monthly subscription fee. And we are looking at changing that. And there'll be more about that shortly. So if you want to jump in and take advantage of that lower price right now, I suggest that you have a look at the link that I'll put here. Blueberry Markets as a Forex Broker. If you're out there looking for a good broker, I can highly recommend Blueberry Markets. They're over in Australia. But pretty much anywhere in the world can open an account with them, with a few exceptions — a few countries. And if you're in the US, I'm sorry, you cannot open with Blueberry Markets, but pretty much everybody else can. And you can look through various forex markets, you know, a huge number of pairs on the charts. Plus, of course, now you have the ability to look at non-forex pairs, the cryptos, the commodities, indices, etc. like that. So it's opened up a whole new range of markets for us to trade in exactly the same way. And that's the beauty of it. So have a look at Blueberry Markets and I'll put a link to them. Don’t waste this year – act now! But I really encourage you to strongly have a think about what you're going to do. You know, we're already towards the end of January — this month’s disappearing fast. Do something before it's too late and train yourself up and see you know exactly how to look after your financial future yourself. We've been doing this coming up 17 years this year. Not many others out there can say that. So if you'd like to come on board with us at the same proven strategy that's been around all those years over all market conditions, do something about it and jump on board now. This is Andrew here at The Forex Trading Coach. I'll see you this time next week. Bye for now. Episode Title: #619: What It Really Takes to Trade for a Living Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

What It Really Takes to Trade for a Living  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #619: What It Really Takes to Trade for a Living In this video: 00:01 – Summary of the interview. 00:31 – Andrew Mitchem interview with Etienne Crete. 01:13 – What it takes to succeed in the market long term. 04:37– How long will it take to be a good trader? 06:25 – How do you know if your strategy is not working? 10:40 – What time frame charts should I trade? 18:23 – Prop firm advantages and disadvantages. 22:15 – What returns can I make? 27:40 – Mindset of trading. 30:36 – Contact Andrew Summary of the interview. The amount that you make as a dollar value is not important to me. It's the percentage that you make as opposed to the percentage risk, because you can go on to a prop firm and use their money if you're good. You know, it doesn't matter whether I lose $10, $100 or $1,000 if it's still the same percentage. I'm going to make $30, $300 or $3,000. You know, if it's a 3 to 1 trade, providing that you get your mindset away from the numbers and you look at it as percentages. Andrew Mitchem interview with Etienne Crete. Something not to do with Andrew Mitchem. And Andrew is a trader that I really admire for his consistency in trading the same methods mostly for multiple decades now, I believe. So it was good to see you back on the podcast. We had a chat a few months ago, I believe, and then you were the very first guest on the podcast. Always kind of welcome back here, which is cool. But tell me what's going on with you and kind of what you're up to these days. Yeah. So nice to be here, first of all. And lovely. I think this is our fourth or fifth one. So, really good to be here. Yeah. Life's good here with summertime over in New Zealand. Markets are good, which is nice. Now we're, you know, we're over that Europe to be in the northern hemisphere summer season. Yeah. It's good. Life's good, as in very good. Awesome. What it takes to succeed in the market long term I want to address certain topics it's going to come down to, I believe, is the theme of what it really takes to succeed in the market long term. I know you have students who are very profitable now. Yeah, students who might struggle a little bit. Have maybe a lot of people who will see you, and then they see you trade full time and they kind of wonder why you're so successful. Can you kind of start to unpack this and kind of figure out, what does it take to make a living in the markets in the long term? Yeah, I think there's obviously a lot of dedication required to trade and to trade well. A lot of dedication and learning up front. I think one of the things I see that a lot of people today are not doing is I don't think there's a lot of people there that are willing to put a lot of time and effort into their trading. And I think as a full-time trader, I'm noticing that's getting possibly worse. You know, whether it's a social media thing or people want instant results, I'm not entirely sure what the actual reason is. But one thing I do notice is that people aren't putting that time and effort in. And if things aren't going well and they're not suddenly making a fortune in a month, they give up. But I find from my point of view, from what I can help people with, it's just being honest with people and saying, you do need to put some time and effort in to do it properly. You can become a full-time trader. Absolutely. It's not going to be for everybody. You still have to absolutely love it and have that passion to want to do it and to turn up, to expect that not everything's going to work perfectly. Market conditions are not always going to be great. You've got to take losing trades, losing weeks, losing months sometimes, but you've got to stick through it and be consistent. And I think that's one thing I can tell people with my years of experience: that's how you're going to get through it. It's a little bit harder for some people to actually accept that because, you know, when you're in the middle of a slump, it's quite hard to see the other side. It's funny how trading seems to get easier in the sense that you have more information. You have more coaches that can help you how to trade and stuff, but people seem to be putting less effort than before, I feel. Yeah, absolutely. People are not willing to put time in or dedicate some time to try and learn. Look, I've got these things behind me here. That's my new passion, playing guitar. I'm putting daily practice into it. I'm learning to sing. You know, I've done the helicopter thing, I've done the karate thing, and now it's this. And I can't instantly expect to turn up and play and sing and be in a band without doing, you know, several years of time and dedication. And it's getting better all the time. And you go through ups and downs and it becomes easy, then it's horrible, then you feel dreadful. And I think that trading is exactly the same, but you've got to want to do it. I think you've also got to make sure that you're doing it because you enjoy the trading aspect of it, not simply because you see it as a way to get rich quick or you hate your job. So you think that trading is going to solve all your financial problems. It can do, but you've got to give it time. How long will it take to be a good trader? If someone were to ask you, what's the amount of time it's going to require for me to just sit in trading, what would you tell them? Can you pinpoint how many years it's going to take them, or can you just say that it takes what it takes and that's it? Yeah, I think that you need to dedicate — I mean, I suppose that's how long it's going to take you. But if you can give yourself half an hour or an hour a day to learn properly, that would be good. Do your homework on the terminology of trading. You know, when we start talking about limit orders and stop losses and currency pairs and all those type of things, it's easy because we've done it for so long. But if you're new to it, you've got to give yourself — like learning a new language — time to understand that terminology. Then I think you need to find yourself either a strategy that someone else has created, or put some time into observing the market yourself. And when you're doing that, don't worry about making money. Don't even contemplate money. Get onto a demo account, look at charts. So time-wise per day, I think even giving half an hour, an hour a day to learn would be nice. That must be every day. But give yourself like six months. Give yourself a year. Don't rush it. Don't expect miracles. If you do it properly and do it slowly, you'll find that it will come together. And you'll find that you'll pick up so much because you're observing real market conditions without the pressure of feeling that you have to make money from it from day one. Something I see a lot is people that don't know when to stop learning. Like, of course you should always try to learn and train and always try to become better, but there's a time where you have to stop learning different strategies, stop kind of jumping between different strategies, and you've got to apply what you've learned so far. How do you know if your strategy is not working? How do you advise people to know when it's time to stop learning other things and other strategies? Yeah, that's an interesting one because you're right. The issue that people will have after a certain length of time is if it doesn't work really quickly, they'll then go back and try and find something else again, back onto a forum, reinvent the wheel. I'll give you a great example: just this week I had a guy who wrote to me who's a client from a number of years ago, and he said it didn't work for me. And I came back to your system about six months ago and I started again. And it's working and I'm loving it. And I'm doing well. I'm on a prop firm and everything. But a lot of people give up too quick. And I think you need to, once you've got something that's proven — maybe not proven to you, but proven to other people — you've got to dedicate some time to forgetting everything else. Because if you get yourself a strategy that has been proven to work, you don't need to go out there adding to it, and you just need to apply it in real market conditions. You know, I think it's really important that you do that. And again, like I said earlier, you have to accept that not every trade is going to work, but providing if you're looking for — like in my example, I'm looking for candle patterns, etc. So providing I'm taking what is a good quality trade at that time, if the trade works or the trade doesn't work, I can't help that. All I have to do is go back and look at it and go, at that time, did this trade meet all those criteria, yes or no? If it did and the trade loses, well that's fine. That's part of trading. But you've got to stick to that system. One of the other things I find I get questions about when it comes to things like that is what time frame should I trade? And when people are new, they naturally want to trade lots and lots of trades. So they go to like one- and five-minute charts and fifteen-minute charts — and look, I did exactly the same years ago. You've got to not do that. You've got to, in my opinion, get to something longer and more reliable. And then it becomes, okay, so I've gone longer, which is the right one? And my answer is it depends because it depends on, one, what type of person you are as a trader, what suits you. But also, like, I could go through like this week and I've had lots of daily chart trades. Last week I didn't have any, but we had lots of, say, four-hour and twelve-hour chart trades....

Review Your Trading Year & Prepare for 2026  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #618: Review Your Trading Year & Prepare for 2026 In this video: 00:59 – Reviewing 2025 trading conditions. 01:23 – Daily trades at +30% for the year. 02:08 – Consistency is key. 02:35 – What’s worked and what has not worked for you this year? 03:05 – Multiple markets to trade well this year. 03:54 – I traded while on holiday in the US for 1 month. 04:47 - Ask us for help. 05:07 – Attend my 30 minutes Masterclass. 05:50 – Our Christmas break. 06:18 – Our 17th year next year at TFTC. 08:00 – Thanks for your support and happy Christmas and New Year. How's 2025 been for you as a trader? Hopefully you've had a good year. The market conditions have been excellent. And also, I'd like to challenge you to review your year, to see what worked, what has not worked, and what you are going to do to make sure that over the next few weeks, 2026 becomes a great trading year for you. Let's talk about that and more right now. Hey there, Traders! Andrew Mitchem here at The Forex Trading Coach with video and podcast number 618. The last one for 2025. I'm outside here with the beautiful New Zealand Pohutukawa trees, which are called the New Zealand Christmas tree if you're watching on video. They come at this time of year in December. Beautiful red flower. But, yeah, I want to make this video just to talk about the Christmas break, about New Year. Reviewing 2025 trading conditions. But also to review your 2025. How have you found it? I've found that the market conditions this year have been really good. After maybe a couple of years of more quiet forex market conditions, this year the conditions are back again. Great movement in the market. And we've had a great year, like this awesome year. Great results across multiple time frame charts and multiple markets. Daily trades at +30% for the year. To give you an example, just our daily chart trades alone on half of 1%, and forget, we're up at a plus 30%, three zero, for the year. And still with two weeks of trading to go. And it just shows the consistency. Every single year since 2010, our daily trades have been profitable. But another 30%, and that's complete set and forget. So, obviously with a bit of trade management, you could do better than that. Now, that's one timeframe I'm talking about here. On top of that, we also post trades on the monthly charts, weekly charts, and we talk about other time frame charts such as 12 hour, 8, 6, 4, 3, 2, 1 and everything in between. Consistency is key. And so it just shows the consistency of not only being able to follow along and earn from your trading while following what we're doing, but of course our job is to help you as well, for clients to learn so you know exactly what to do. You know what to look for, how and where and why to enter and exit a trade, to ensure that your risk is low and your reward to risk is really high. So really important that you know that in your strategy. What’s worked and what has not worked for you this year? Now, I would challenge you, if you're not a client, to have a look at your strategy and what's worked and what's not worked this year. But also, you know, take this time now with the markets going to be quiet over Christmas and New Year and just have a good think about what it is that you need to do differently into 2026 if this year was not a good year for you. As mentioned, conditions have been really good this year. And therefore, if your strategy's good, you should have had a very good year. Multiple markets to trade well this year. We found that, you know, the forex market has been good. The non-farm markets have been good. Just this week, we took a sell trade on US oil. That was profitable. Just earlier this morning, my time, it hit the profit target. We've had multiple crypto trades, other commodities and indices as well. And so even if one market's a little bit quiet or one timeframe's a little bit quiet, because the strategy works across all markets and all time frame charts, we've found really good results and conditions on the likes of US oil if, let's say, the forex market was quiet on that same day. And that's the beauty of being able to scan different time frame charts and different markets. So, is that something that you need help with or is it something that you're absolutely fine with? Just review your trades and it's really important. I traded while on holiday in the US for 1 month. From a personal point of view, I had a month in the US with my wife for her 50th birthday in July and August, and the beauty is, you can trade and travel and trading just carried on exactly the same. And, you know, that's the beauty, isn't it? You know, it's not just the financial freedom. It's the time freedom as well. Don't forget, we're all getting older. You know, we've all got less time left on this earth. Use it wisely. What's the point in sitting glued to charts all day and night staring at charts? It's like I could think of nothing worse. So, having that time freedom to be able to go and do things that you want to do is just crucial. And in my opinion, anyway, I just think it's just as important as the financial gain is the time freedom that trading offers you. So, have a good review of everything from your side and. Ask us for help. If you need any help with anything, just sing out like we are. I mean, it's obviously summertime here in New Zealand. This time of year onwards, December into January, is generally a pretty quiet, cruisy time of year, lots of barbecues and things like that. So we are around, we're here to help and make this work for you. Attend my 30 minutes Masterclass. And, if you have not been on my masterclass, I encourage you over the next few weeks to spend an hour and just have a look through the website and half an hour on the masterclass. And go and look at the previous videos that I've made like this. There are 618 of them. You're going to learn a lot of those, listen to some podcasts if you've got some free time of these recordings as well, and just make use of the next month conditions over Christmas and New Year. Obviously the markets stay open for majority of that time. But conditions will either be really, really quiet on a lot of those markets or, due to thin volume, they could be quite, you know, quite wild and erratic. So you never really know. Our Christmas break. But either way, we're stopping trading on the 19th, I think it is on the Friday, and we're not starting until Monday the 11th, I think that is, January. Just having a good break, well-earned break. We've showed up every single day for our daily trades. We're on the forum site the whole time. We do our live webinars for our clients every single week. We put huge effort into making it work for us and our clients and consistency and showing up is key. Our 17th year next year at TFTC. So, next May in 26, we turn 17 years old here at The Forex Trading Coach, something that myself and the team are immensely proud of, of what we've achieved personally with the strategy and our own trading and the community that we've built up over those years and the amazing clients that we have on board and the help that we've given people from right around the world. And, like, you go out there and have a look online. Who's out there that's been around for 17 years in this market? You know, you're going to find hundreds, if not thousands of made up people on TikTok and Instagram and that type of thing. The majority aren't real. We're there doing this day in, day out. And the proof is in the longevity. By the way, the strategy in that time has never changed. You can go back and have a look at my daily trading posts from 2010 and look at the live webinars from 2010. Everything remains the same. So consistency of showing up, consistency in the strategy. We're not jumping and changing all over the place like most people do. We're not making it up and changing it. Conditions change. This is real, real people outside doing things, family people, you know, just normal people, if that's what appeals to you. And, and you're not interested in the flashy red Ferraris and the made up trades, and you want real trading that you can do and enjoy your life at the same time, I really encourage you to have a look and consider coming on board with us and letting us help you for next year. So that's it for this year. Thanks for your support and happy Christmas and New Year. It's been an awesome year, been a great year. I'd like to thank everybody for watching and listening and of course all the team here at The Forex Trading Coach and especially all the clients as well. It's great to have you on board. Loved the community and the interaction that we have helping each other. And I'd just like to take this opportunity to wish you all a fantastic Christmas, have a safe and enjoyable time, whatever you're doing. And have a great New Year and look forward to seeing you in 2026 when we do it all again. This is Andrew Mitchem here at The Forex Trading Coach. Happy Christmas. See you next year. Bye for now. Episode Title: #618: Review Your Trading Year & Prepare for 2026 Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Too Busy to Trade? Try This Weekly Strategy  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #617: Too Busy to Trade? Try This Weekly Strategy In this video: 00:31 – Do you lack the time to trade? 01:50 – How to trade without taking up too much time. 02:08 – GBP/HKD W1 chart with a 4.8:1 Reward:Risk. 03:27 – My first ever client trades only Weekly charts. 04:33 – Look at the charts just once a week. 05:18 – It’s all about knowing what to look for. 05:41 – Book a call with us. 06:04 – 30 minutes Masterclass. 06:25 – Blueberry Markets as a Forex Broker. 07:04 – Like, Share and Subscribe Do you think that you're too busy to trade? If that's you, I've got a great solution for you. This is something that my very first client from back in 2009 has done since then, whilst running his very successful business. Let's get into that and more right now. Hey there, Traders! It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 617. Do you lack the time to trade? So a common problem that so many people face is they think they are too busy to trade. And it's fair enough because you see out there online, you know, examples on various platforms, YouTube, etc. of people looking at charts and looking at 5 minute charts and watching every pip move up and down. And you look at that and you think, well, realistically, how on earth can I copy that process? Because I'm just too busy. I've got, you know, work, businesses, family, hobbies, whatever it might be going on in your life. And there's no way that you are going to be able to afford that time to sit there, either to want to do it or to be able to do it, to sit there watching charts, ready to take little trades every now and then. It's just not realistic. And of course, many people wake up to that fact and they go, well, looks good and maybe in hindsight, but I just realistically cannot dedicate time to doing this. And even if you could, do I really want to sit there just staring at charts, watching 5 minute charts and 15 minute charts, just waiting for that signal to occur? Probably not, because it's not realistic and it's not something you're going to enjoy and continue to be able to do or want to do long term. So everybody's got busy lives. I get that. How to trade without taking up too much time. So what can you do to still become a good trader, but to not take up all day? And the very simple solution is you can look at the longer time frame charts such as the weekly charts. Now, just this week, right now is the absolute perfect example. GBP/HKD W1 chart with a 4.8:1 Reward:Risk. At the beginning of this week, we suggested a buy trade to our clients on the GBP/HKD. Now you go and have a look at your weekly charts for the beginning of this week. Go on to the pound Hong Kong dollar and you'll see the candle setup that I'm taking now. Right now as I'm recording this, the trade has not reached a profit target. But it's very, very close. It's only like ten pips away right now. If it hits the full profit target, which it's almost certainly going to do, especially by the time you watch this and listen to this, the trade's going to make a massive 4.8 to 1 reward to risk. So if you imagine that at the beginning of this week you saw that trade and you placed, let's say, a 1% risk on that trade, that's going to make you an incredible 4.8% gain on your account on the one trade in one week by taking literally, what, ten minutes to scan through the charts, if that, just at the beginning of the week. If you took a half percent risk, that's going to make you a 2.4%, not a bad gain in one week from a trade that took you like five or ten seconds to actually place, and then you've forgotten about it. No more chart watching. You just put the trade on, put your stop loss on, put your profit target on and let the trade do its thing. Let the market do its thing. Now that is a solution for you if you're short on time. My first ever client trades only Weekly charts. Now, my very first client, and he was the instigator in starting The Forex Trading Coach because he used to buy trading signals from me. And he said, look, Andrew, would you fly across to Australia to come and teach me? And I spent about four or five days with this guy and his family back in 2009, and that is how I started the coaching. And he was just thrilled with the system and thrilled with everything I taught him. And to this day, he is still trading. Now this guy owns a number of restaurants, very high end quality restaurants in Noosa in Australia. And he traded back then the weekly charts and to today he continues to trade just the weekly charts because for him he can have a look at his charts once a week early morning Monday morning in Australia. Or he can, you know, have a few minutes over the weekend because the forex markets are shut of course. And he can have a look through the weekly charts. And by the time the markets open, he can place trades exactly like we've just placed on the GBP/HKD. And for the rest of the week, he's out there running his restaurants and managing staff and happy customers, etc. Look at the charts just once a week. And so that is a very good solution because the weekly charts, of course you need to look just once a week, the quality of the chart trade setups is very, very good. You don't have to worry about news events or anything like that. Put the trade on, leave the trade to do its thing. Have a look at the end of the week. Do I leave the trade open over the weekend if it's still going, or do I close it if it's not already hit the stop loss or profit target? So a great solution for people who maybe are traveling, who have got to run businesses, just too busy to look at charts. Once you understand what you're doing, you can place trades like the GBP/HKD weekly chart trade and end up, let's say, with a 1% risk and a 4.8% account gain. Try doing that on many other markets and something that's taking you such a short amount of time. It’s all about knowing what to look for. However, the key to all of this is not how little time you're going to trade. The key is knowing what to look for. And so the only way you're going to do that is to spend just a little bit of time upfront and learn to dedicate a bit of time to your knowledge and your education so you have the ability to see these type of trades and to take these type of trades. Book a call with us. Now two things you can do. One, if you'd like to book a call with either myself or the team, I'm going to put a link to our booking account. We have opened up more available time slots, so it's available to anybody, anywhere around the world. We can give you a call on your home phone number or mobile and have a chat about how we can help you with the trading or see if we can help you with the trading, if it's going to be a good fit or not. 30 minutes Masterclass. And the other thing you can do is have a look at my 30 minute On Demand masterclass, where I explain all about trades exactly like that GBP/HKD. Show you some trades on the charts of what we're doing, how we trade, using limit orders, all those type of things that we do in keeping risk low per trade, and of course not spending much time on the charts each day. Blueberry Markets as a Forex Broker. Now, the other thing you can do and do yourself a favor if you're out there looking for a good broker, is have a look at Blueberry Markets. They offer the MT4 and especially the MT5 trading platform. So you might find some brokers don't offer markets like the GBP/HKD. But Blueberry Markets on the MT5 platform do. And that's the beauty of it. You can look for the candle pattern and the chart pattern that is showing you the best setup. It doesn't matter whether you have any interest in the GBP or the HKD. It doesn't matter if the technical trade setup is there. See the trade. Take the trade. Profit from the trade. Enjoy your trading. Spend a few minutes once a week on the weekly charts. You'll find they're incredibly good. I hope that helps. Like, Share and Subscribe Any questions? Please feel free to reach out. Ask me directly Andrew@TheForexTradingCoach.com If you're watching, don't forget to like and subscribe if you're on YouTube or other social media platforms. And I hope that helps. For anybody that wants to look to trade properly and who feels that they don't have a ton of time to dedicate to their trading on a daily basis, it's a great solution. It's profitable, it's enjoyable. It's something you can do just once a week and still trade the markets properly. This is Andrew Mitchem here at The Forex Trading Coach. I'll see you this time next week. Bye for now. Episode Title: #617: Too Busy to Trade? Try This Weekly Strategy Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Find the Best Time Frame for Trading  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #616: Find the Best Time Frame for Trading In this video: 00:27 – Traders are confused over which time frame chart to trade. 01:25 – New traders give up. 01:42 – This changed my trading around. 02:43 – More time frame charts now available. 03:00 – What do you prefer and what are the market conditions doing? 03:36 – Look at 5pm and 5am EST. 05:42 – Book a time to chat with us. 06:04 – Blueberry Markets as a Forex Broker. Do you get confused with not knowing which time frame chart to trade, or when to look at your charts for a new trading opportunity? If that's you, listen up. I've got some great solutions for you. Hey there traders! It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 616. Traders are confused over which time frame chart to trade. So today I want to address a common problem that I find that a lot of traders have. And that is they don't know what time frame chart to trade. And also they don't know when to look at the charts. And there's a couple of real easy solutions and answers that I have for you. See, the issue that a lot of people have is when they start trading, everybody wants to take trades and lots of them because it's exciting and it's new. And of course, if you go to like a 15-minute chart or a five or even a one-minute chart, you're going to see the market moving and you think, “Oh, there are great opportunities here.” But of course, at that time you've got little idea about spreads. And if you take sell trades and the spread widens a bit in levels, it's going to take you out for a loss quite easily. But everybody kind of goes through it and they think they need to trade like five-minute charts and scalp. And it looks really cool and exciting. New traders give up. The issue becomes that you soon realize that either the spread’s taking you out and you're losing trades all the time, or you're getting glued to the charts and you become trigger happy, and then you become nervous and you don't know what you're doing, and you lose confidence and you give up. This changed my trading around. One of the things that changed my trading around some 20 years ago, nearly now, is I went the opposite way after falling for the short time frame trick. I went the opposite way. I went to a daily chart. I took all the indicators and everything off my chart, and I studied the daily charts. I found that the higher time frame charts were more reliable, gave me good information, far less stress, looked at the charts just once a day, news events don't really affect them, and it's far more enjoyable and far more rewarding. Your profitable trades are so much better and it just becomes a better thing to do. And when I made my strategy that I still trade today, I did start on daily charts. And then you can go higher time frames to like weekly and monthly. But also I then discovered that I got shorter time frames, you know, I go into like four hours and one-hour charts potentially, but not so much for me. You can trade it. More time frame charts now available. Now, of course, more recently we have the ability to trade charts like 12-hour, 8-hour, 6-hour, 3-hour, and 2-hour. And the logic and strategy that I use works across those time frame charts as well. More time frame charts now available. So there are a few things to answer your question about what is the best time frame, because it does depend. The answer is — it depends. It depends on you as an individual as well. What type of personality have you got? The other thing it depends on is the market conditions at the time right now. And for example, some weeks we take lots of 6-hour chart trades and other weeks we take lots of 12-hour chart trades. In other weeks we take lots of 2-hour chart trades. So it does depend on the currency pair or the market you're trading and the overall market conditions at that time, because it varies. Look at 5pm and 5am EST. So a way to get around that, because otherwise you're going to be looking at charts all the time — one of the suggestions I have is that if you have the time availability, you look at your charts once or twice a day. The two times that I think you're going to find some of the better opportunities would be 5 p.m. New York time. That means at the end of the trading day — so the start of the new trading day. And at that time you can look at the daily charts because obviously a daily chart closes and opens straight away into the next day. So you can analyze the closed daily chart and look at trades then. At that same time, we also go through and analyze and scan 12-hour, 8-hour, and 6-hour charts. And we post trades for our clients on those three time frames plus the daily charts. So that gives you four different time frame charts all by looking at the charts just at one time in the day. Now you don't need to be there at that time because the way that we trade, we use limit orders anyway. So you don't need to be there bang on 5 p.m. New York time every day. But you can go and look at those closes. And if you have the available time or ability, depending on where you live in the world, 5 a.m. New York time or after is a very good time as well because that means that the 12-hour charts, the 6-hour, the 4, the 3, the 2-hour, and even down to the 1-hour charts all change over at that exact same time. And again, it's a time that we personally find we get many good trading opportunities. So as an example, obviously there are two 12-hour changeovers in one day — 5 p.m. and 5 a.m. If you wanted to trade 8-hour charts, there are obviously up to three trading opportunities for you within the day. It doesn’t mean to say you’ve got to trade all three of them, but you could have a look at the close of 8-hour charts or 6-hour charts or 4-hour charts. So have a look at candle closes and you then therefore know when to look at your charts as well. So I would definitely say have a combination of different time frame charts because it does depend on the market conditions at the time. Look at 5pm and 5am EST. If you'd like to book a call with myself or one of the team, we’ve just made available a lot more times for you to book in a call with us. So I'll put a link here to our booking calendar where you can book in for an absolute no-pressure, no-obligation, free call with myself or one of the team to discuss your trading and see if we can help you. Blueberry Markets as a Forex Broker. And if you're out there looking for a very good broker that offers all those different time frame charts and multiple markets, especially on the MT5 platform, I'll put a link here. The Blueberry Markets — absolute top-notch customer service, great people to deal with, great charts, great spreads. Blueberry Markets — have a look at them if you're out there looking for a good forex broker as well. So that's it for this week. This is Andrew Mitchem here at The Forex Trading Coach. I'll see you this time next week. Bye for now. Episode Title: #616: Find the Best Time Frame for Trading Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Trade Smarter: Bollinger Bands Made Easy  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #615: Trade Smarter: Bollinger Bands Made Easy In this video: 00:23 – Don’t sit at your charts all day. 00:41 – Using Bollinger bands. 01:19 – You cannot trade every suitable candle without qualifying it. 02:30 – Why Bollinger bands can help you to trade. 04:00 – Add Bollinger bands when checking for suitable candles. 05:02 – New Forex Masterclass. 05:25 – Book a call with us to chat about your trading. 05:45 – Blueberry Markets as a Forex Broker. 06:21 – Like, Share and Subscribe Today, I'm going to explain to you why I use Bollinger Bands. They're a really important part of your trading and can massively help you if you know how to use them right. So let's talk about that and more right now. Don’t sit at your charts all day. Hey there, Traders! Andrew Mitchem here at The Forex Trading Coach — outside on a glorious day with one of my wife's horses here. One of the beauties of trading, and the way that we trade, is that you do not need to sit at your charts all the time. You don't need to be at the computer all the time. Far from it. In fact, the opposite — less is more with good trading. Using Bollinger bands. But the reason I want to talk about Bollinger Bands today is that I had a discussion with somebody yesterday who's been trading for just a little while — not a client yet, but he was interested in how we trade, how we operate, and in coming on board with us. I actually met him in town, took my laptop, and had a really good chat with him. He knows that we use candle patterns and candlesticks as one of our primary ways of looking for a trade and understanding what's happening in the market. Now, he's reading Steve Nison's book about candle patterns — which I probably looked at maybe 20 years ago. You cannot trade every suitable candle without qualifying it. And I said to him, the issue that I find is that if you look at candles just by themselves, they don’t really tell you a lot. They can help, but there are too many false candles. You cannot take every outside bar, engulfing bar, pin bar, or hanging man — whatever it is you're looking at — as a trade. You just can’t do that, because you’re not going to be successful. What you need to do, as with any trading, is qualify it and make sure it’s in the right part of the chart. I took my laptop and showed him some trades that I had open live — in fact, two of the trades hit their profit targets. They were six-hour trades on XAG/AUD and XAG/EUR, which we posted for our members yesterday. They actually hit their profit targets live as I was sitting in a café talking with him, which was quite amazing. I said, “Well, you can’t make that type of thing up, can you? It just happened right in front of you.” Back to the story — I was discussing those trades and others, showing him the reasons why we took them. Yes, it was the candle patterns, but also where they occurred on the chart. We were using support and resistance levels, round numbers, stop-loss protection, and all those types of things. Why Bollinger bands can help you to trade. But the other point he wasn’t aware of — and what I want to discuss today — is about the use of Bollinger Bands. Now, I'm not a massive fan of using lots of lagging indicators because, well, they lag. However, I find that Bollinger Bands can really help you put the candle in the right part of the chart. Of course, you need prior trends and indecision and all those types of things. But if you just look at the setup candles that we look for, and if you're looking for candles that occur near the upper or lower Bollinger Bands, then what you’re seeing are potential reversal trades. In other words, if you had a nice uptrend and your bearish candle bounced off the upper Bollinger Band (or near that area), then that could be a very nice reversal trade — looking for the downtrend to start. Likewise, the opposite of that — if you're in a downtrend and you see a bullish candle bounce off the bottom Bollinger Band, then the market might start to reverse upward. Likewise, we also use the middle Bollinger Band. That’s a great area for helping to quantify trades that are continuation patterns — and continuation patterns are my personal favorite. It means that the market’s been moving up, then pulls back toward that middle Bollinger Band, you get a bullish candle pattern, and then you’re looking for the market to move upwards again. The opposite applies for bearish continuation patterns. Add Bollinger bands when checking for suitable candles. So, go and add Bollinger Bands to your charts and start looking at the candle patterns that we look for. By the way, that book I mentioned probably has hundreds of patterns — but you don’t need that many in forex. I generally find that there are only about four patterns that we look out for when it comes to candle shapes. If you can classify them as reversals or continuations by having them around the upper, middle, or lower Bollinger Bands, then you’ll eliminate a lot of those trades that just occur when the market is flat and not really in the right part of the chart for either a reversal or continuation. That definitely helped him — especially when he could see the trades live and see the benefit of having someone to help teach you that. It’s even better when you can follow along trades like those six-hour XAG/AUD and XAG/EUR trades that hit profit right in front of him. To see those, to understand why you’re taking them, and of course to be profitable as well — that makes all the difference. If you’d like to know more about how we do that and how we can help you — obviously, I met this guy in person, but we’ve got clients in 109 countries, so that’s not going to happen with everyone. New Forex Masterclass. The best way to find out about us and how we trade is to jump onto my 30-minute On-Demand Masterclass. You can find a link here on this page. Book a call with us to chat about your trading. And if you'd like to book a call to have a chat with myself, you can talk to me or one of the team. You can either email me directly — I reply to all personal emails myself — or, if you’d prefer, have a call with me or the team. I’ll put a link for that as well. Blueberry Markets as a Forex Broker. If you’re out there looking for a really good forex broker, I can highly recommend Blueberry Markets over in Australia. They’re great people with a lot of market options, especially on their MT5 platform, which I use — as do hundreds, if not thousands, of our clients. If you're looking for markets like XAG/AUD or XAG/EUR (not just XAG/USD, for example), you can find those types of markets — and the candle patterns we’re looking for — on the Blueberry MT5 platform. I’ll put a link to them as well. Like, Share and Subscribe Any questions you have, drop me an email or leave a comment here. And now, I'm going to enjoy the rest of the day with Raven here — my wife’s beautiful horse. Have a great day or night, whenever you’re watching this, and I’ll see you this time next week. Bye for now. Episode Title: #615: Trade Smarter: Bollinger Bands Made Easy Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Surround Yourself with Successful Traders  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback #614: Surround Yourself with Successful Traders In this video: 00:34 – Do you belong to a community of traders? 01:04 – Survey results show people need to be part of a community of traders. 01:52 – The TFTC community helps our clients succeed. 02:40 – Most trading forums are a waste of time. 04:00 – We trade just 1 strategy, and all help each other. 06:00 – There is more to the course than the strategy. 06:29 – Free 1 hour live Q&A Webinar. 06:40 – Book a call to talk with us. 06:45 – Blueberry Markets as a Forex Broker. 07:15 – Surround yourself with like-minded people. Did you know that one aspect of being a really successful trader is to surround yourself with other successful traders — other like-minded people from all around the world who are out there achieving greatness in their trading and in their lives in general? Let's talk about that really important topic and more right now. Hey there, it's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 614. Do you belong to a community of traders? Today I want to talk about a topic that does not get discussed very much. It's a really important topic though, and it can make or break your trading. It's about being part of a community — surrounding yourself, whether it's in person or online, with other like-minded people. People out there who are trading the same way as you. People who are trying to achieve things in their life in general. I think that's such an important part of trading, and I know that for you that's also really important. Survey results show people need to be part of a community of traders. The reason I know that is that a couple of weeks ago, I sent out a survey to people who are not my clients — people who have written to me over the years asking for help or downloaded e-books, been on webinars, etc., but have not yet joined. One of the questions was all about trading community, and it actually had the highest single response. With one answer, it was an overwhelming majority of people — in fact, 76% of all respondents — who said that being part of a community of traders just like them and other traders from around the world is the thing that they are missing out on, and the thing that they value most. 76% of respondents said, “Yes, that's very, very important to me.” The TFTC community helps our clients succeed. And so it got me thinking, because one of the things that we really pride ourselves on here at The Forex Trading Coach is our community. There are a number of ways that we do that. We keep in touch with people, and when I think about how people interact and I look at other ways that people interact online, what we do is vastly different. The trouble is, out there most social media platforms are full of keyboard warriors — quite honestly, idiots at times — the majority probably of people who are out there telling others what they should and shouldn’t do. People are taking advice from others who don’t really know what they're doing, and they’re all out there with their own agenda — not really trading. Most trading forums are a waste of time. The other thing I used to be part of years ago — and I haven’t for a long time now — is other forums. The problem is they often get overtaken by some clown who thinks they're going to dominate the forum and they know more than everybody else. A discussion gets out of hand, arguing starts, and it’s just ridiculous. Or someone comes up with a good idea and a strategy, and a few threads later it’s completely changed because someone says, “Oh, we need to add this,” or “I don’t like that,” or “We need to do that.” And it just all implodes — it always does. What I find is that, in general, on social media, people are lonely. They think they're part of a group, but they're not. Trading by yourself, whether it’s at home or on a laptop somewhere, is lonely. How many people listening to this right now have friends who honestly know what you're doing as a trader? Do they think you're gambling? Do they think you’re just throwing your money away? Do you have a husband, wife, kids, or parents who just think, “Oh, you’re wasting your time looking at charts, doing silly things, and gambling your money”? As a result of that, you don’t have anybody to contact. You don’t have anybody to speak to. Now, that's what 95% of people do. What we do is massively different. We trade just 1 strategy, and all help each other. Our forum site is full of traders from right around the world — 109 countries — all out there trading one system, one strategy, all helping each other. Multiple sets of eyes looking at the charts at the same time, all helping each other to achieve that same goal of being a good, consistent, or great and consistent forex trader. Of course, we look at other markets as well — not just forex. We’re taking sell positions on cryptos this week, and you would have noticed that a lot of those are coming down. We’ve got buy positions on some of the U.S. indices, and you’d have noticed that they’re going up. And of course we’ve got metals, etc., as well. We’re all out there doing the same thing. We’re all out there helping each other. We've got like-minded people right around the world. As I mentioned, we’re trading one strategy. We don’t have people infighting. We don’t have clans or idiots dominating. It just doesn’t happen. It’s a great way for people to connect with each other, ask questions, and participate in live webinars, where people from around the world can attend, ask us questions about trading, watch us trading, and discuss trades in real time. That whole community aspect is really important. We have other groups that are geographically focused so that people can get together if they wish to — physically in person. There are all these additional items that we provide, including personal mentorship and tutoring as well. The community that we’ve developed over 16-plus years is massive. I don’t think you can underestimate how powerful that is. As I mentioned, from the survey I sent to people who are not clients, 76% said it was really important to be part of a community. Obviously, people out there who are not part of a community face issues — loneliness, self-doubt, and having no one to ask. There is more to the course than the strategy. When you think about what we offer, it’s not just the strategy. The strategy works — we know it works. It’s been proven for years. It’s the daily information we provide that works. The indicators we have — they work. All of that works. But there’s more to it than that. The community aspect of being able to talk to someone, ask questions, see what they’re doing in real time, and follow along while you’re learning and training — I cannot underestimate that. Free 1 hour live Q&A Webinar. If you'd like to know more, have a look at my webinar. If you've not been on it, I'll put a link to it here. It’s about 30 minutes long. You can join it at any stage. It’s an on-demand webinar. Have a look at that. Book a call to talk with us. If you'd like to book a call to talk to myself or one of the team, I’ll put a link here as well. Blueberry Markets as a Forex Broker. And if you're out there looking for a very, very good broker, I can highly recommend Blueberry Markets. Again, when it comes to support and knowing who to contact, they’re fantastic. Great support, great platform on the MetaTrader 5 platform here behind me, with multiple markets — cryptos, indices, metals, commodities, as well as the obvious forex markets. I’ll put a link to Blueberry Markets here as well. So that’s it for this week. Surround yourself with like-minded people. Do not underestimate the power of being part of a community and having like-minded people around you. Whether it’s in trading or in life in general — people who are out there trying to achieve things, keep their bodies healthy, stay fit, look after their families, whatever it is that you do — we’re all trying to do the same thing: better ourselves, better our communities, and help each other. You know where to find us. Have a look at the webinar or contact us directly if you need some help or would like to come and join us. This is Andrew Mitchem at The Forex Trading Coach. See you this time next week. Bye for now. Episode Title: #614: Surround Yourself with Successful Traders Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback

Making Extra Income While on Vacation in New York with Paul Tillman  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback #613: Making Extra Income While on Vacation in New York with Paul Tillman In this video: 00:26 – Paul Tillman trading from New York on vacation. 00:44 – Account up +1% in 2 days of the week. 01:25 – We can teach you how to trade in just 30 minutes a day. 02:10 – Trade and travel. 02:49 – How to contact us and learn how to trade for yourself. How would you like to be able to make extra income, extra money, and still go on vacation with your family to sites like New York City? Let's get into that and more right now. Hello, this is Paul Tillman with The Forex Trading Coach, and this is video and podcast #613. Paul Tillman trading from New York on vacation. I am standing here right in the middle of Times Square in New York, on vacation here. The last time I was with you, I was with Andrew on the top of Grandfather Mountain in the North Carolina mountains, shooting a video and telling everybody how forex can help change their lives. Account up +1% in 2 days of the week. So I'm sitting here in New York. I've been trading — this is only the second day of the week — where I've made more than 1% already, taking trades on XAU/GBP, GBP/JPY, and even BTC/USD. And I've done that in just an hour of trading yesterday and 30 minutes of trading this morning. The key is to make the most of your opportunities — checking the charts at certain times of the day, getting into a daily routine, not getting stuck to your screen all day looking at such short time frame charts. There's no need for that. You only need to trade 30 minutes to an hour a day to make it create income. We can teach you how to trade in just 30 minutes a day. What we can teach you is how to do that. We have a course that goes all the way from A to Z — talking about the very beginnings of forex trading all the way to the end of our strategy. We have live webinars that traders get on every week. We’re looking for live trades, talking about our story with trades and questions. And then we also have a forum site. The interesting thing about the forum site is that in that 30 minutes a day, outside of that, there was a trade on the USD/MXN just last night on the forum site. I was able to get on the six-hour charts, take a buy trade, woke up this morning ready to tackle New York again, and saw that trade had hit the profit target. Trade and travel. So, being here in New York City — seeing a few other professional sporting events, seeing the sights and sounds of Times Square in the capital of the world, as they say — you can do all these things and still trade at the same time. Most of us have families, we have jobs. I've got a 12-year-old daughter and an 8-year-old boy who keep me running constantly. But I can trade around that, and even the job that I have as well outside of trading. So, we're headed to go see the sights now around New York City. Going to see our hometown Carolina Hurricanes hockey team tonight before heading back home to Raleigh tomorrow. How to contact us and learn how to trade for yourself. If you're interested in anything that I've said about The Forex Trading Coach and having forex change your life, put a comment at the bottom of this video or hit “Contact Us.” Visit our site at TheForexTradingCoach.com. So we’re off to go see more sights in New York — ice hockey tonight — and we’ll talk to you later. Have a great rest of the week. Episode Title: #613: Making Extra Income While on Vacation in New York with Paul Tillman Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback

Find Out What’s Blocking Your Trading Growth Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback #612: Find Out What’s Blocking Your Trading Growth In this video: 00:35 – Give me feedback – what’s holding you back? 01:10 – Possible issues preventing you from trading well. 02:07 – Do you want to trade Crypto’s and not FX? 02:42 – I can help you if you first let me know your issues. 03:45 – Blueberry Markets as a Forex Broker. 04:00 – Brand New Forex Masterclass. 04:07 – Comment, Like, Share and Subscribe What's holding you back from being a very good and successful and profitable trader? I want to find out more from you, because if you let me know what your issues are, then I can help you to overcome those and to become that type of trader that you've always wanted to be. Let's get into that and more right now. Hey there Traders! This is Andrew Mitchem here at The Forex Trading Coach with video and podcast number 612. Give me feedback – what’s holding you back? So today, something different — I need feedback from you. The reason I want feedback from you is because unless you let me know what your issues are, I can't either help you or provide content that will help you. I'm guessing that if you're watching or listening to this, you’ve either been trading, looking at trading, or tried it in the past and it hasn’t worked — and something is holding you back. So let me know in the comments below or email me directly at Andrew@TheForexTradingCoach.com what those issues are. It could be more than one. Obviously, is it. Possible issues preventing you from trading well. For example, a lack of time? You feel that you've got too much going on in your life and you either don't have enough time to potentially learn to trade or to do the trading itself? Are you worried about being glued to your charts, looking at screens all day long, and finding that boring or unappealing? It could be a lack of knowledge. Maybe you feel that you just don't understand the markets enough to justify putting real money into your trading. It could be a lack of confidence. There are a lot of people out there who can trade demo and do very well on demo, but they have an issue when it comes to trading live. That could be an issue. Or maybe you think you've got a lack of money, and you’re thinking, “Well, what's the point in either investing money in education or even into my own trading if I've only got $500 in my account? It’s pointless because I'm putting all that time and effort into it for just a few dollars return.” So it could be that. Do you want to trade Crypto’s and not FX? It may be that you're not interested in forex at all — maybe cryptos are your thing. So if you are wanting to learn how to trade cryptos, that’s some feedback you could give me. You might be going, “Andrew, look, forex is old. It’s had its day. It’s not moving. Cryptos are clearly the way of the future, and I want to know how to trade cryptos. I'm not interested in forex, metals, and commodities, and all those other markets.” So potentially, that could be the issue. It could be a mindset thing. It could be a time thing. It could be a lack-of-knowledge thing. Whatever it is, I'd love you to let me know. I can help you if you first let me know your issues. Because after 16 years of being a forex coach and educator, I've kind of seen it all. We've got clients right around the globe with all different levels of experience, backgrounds, and everything else. So we kind of know what works. But we also want feedback, because in order to keep progressing, helping people, and building the community that we have, we need to know where new issues and new problems are. Like I said, it could be something as simple as you wanting to learn only to trade cryptos and forex is not your thing. Or it might be that you're just not interested in learning to trade at all yourself, and all you want is to copy someone — maybe through signals, managed accounts, or prop firms. Whatever it might be, let me know in the comments below. Because like I said, the more that you let me know, the more I can help you. I'll put a link to my email address here as well. Blueberry Markets as a Forex Broker. And if you're out there thinking, “Well, I need a good broker and I am looking at trading forex,” then I'll put the link here to Blueberry Markets. I think they’re a very good broker. They offer the MT4 and especially the MT5 trading platform — so have a look at them. Brand New Forex Masterclass. Also, if you have not been on my new 30-minute On-Demand masterclass, I'll put a link to that as well. Comment, Like, Share and Subscribe But most importantly — give me feedback. I'd love to get comments from you. You're watching this or listening to this for a reason. Like I said, you’re interested in trading, or you’ve been following me for some time, and clearly something is holding you back. So what is that? What's stopping you — either from getting into trading or from making money from your trading? Let me know. The more you let me know, the more I can help you to make this work for you. This is Andrew Mitchem here at The Forex Trading Coach. I'll see you this time next week. Bye for now. Episode Title: #612: Find Out What’s Blocking Your Trading Growth Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Leave me your comments and feedback

Daily Reversal Pattern That Nailed Profit  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #611: Daily Reversal Pattern That Nailed Profit In this video: 00:35 – Trading reversals and continuations. 00:58 – What to look for when trading reversals. 01:23 – Selling the XAG/AUD D1 for 3.5:1 R:R profit. 03:19 – Traded using a Sell limit order. 04:23 – Brand New Forex Masterclass. 05:02 – Free 1 hour live Q&A Webinar. 05:17 – Blueberry Markets as a Forex Broker. 05:58 – Like, Share and Subscribe I want to talk a little about reversal patterns, and we had a fantastic reversal pattern on a daily trade just this week. They look really good on the charts, and they can be a fantastic way to profit from the markets. So let's talk about reversals and more right now. Hey there traders! It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 611. Trading reversals and continuations. So I personally trade two different chart patterns. I look for continuation patterns and I look for reversal patterns. Now, if you've been following me for any length of time, you will know that I prefer continuation patterns because it means that you're trading with the dominant trend. But after a pullback or retracement. What to look for when trading reversals. However, I also still do look for reversal trades. Now, they can look really very good on your charts, but they do pose slightly more risk because you are trading against a very strong uptrend or downtrend. However, there are a number of things you can do to put more factors in your favor to give yourself a high-probability chance of a successful trade. Selling the XAG/AUD D1 for 3.5:1 R:R profit. Now, a great example of that is just this week. On Monday, the 20th of October 2025, we took a sell trade on the daily Silver Australian dollar. So go have a look at the charts — XAG/AUD — on the daily charts, and you will see that Friday's candle, the completed Friday candle, was an all-time high, but also it closed very strongly back down as a bearish candle and had a number of other things in its favor. Not only was it an all-time high, but it had a trend line break, it was overbought, there had been recent divergence, and it broke down through the round number of 80 and closed below that level at the end of the week. So on Monday, at the beginning of the week, we suggested and took ourselves a sell trade based off that chart. Now, if you've been following gold and silver against almost everything over the last few weeks and months, you know that they've just gone up and up and up. They're going crazy. And so with anything that does that, there's always going to be an opportunity for it to get overbought and then pull back. Now, I don't know — and I don't particularly care — whether gold and silver, or in this case silver against the Australian dollar, has a massive fall away. It doesn't really matter for this particular trade. All I'm looking for is a slight pullback based on the candle pattern. Now, two candles later, we hit our full profit target on this particular trade for a very healthy 3.5 to 1 reward-to-risk. So that means if you risked 1% on the particular trade, you would have made a 3.5% gain on your account, which is pretty amazing considering it took just what — a minute, if that, to place the trade — and two candles later it hit the profit target. So have a look at what actually happened on the chart. Now, we take limit orders. Traded using a Sell limit order. So at the beginning of the week, we didn’t just take a market order. We put a sell limit to sell XAG/AUD if the price first pulled back — which it did. It got to exactly our entry level and then turned around as anticipated and went straight to our profit target some two candles later. That is a great example of a lot of things all adding up together to suggest that that trade was going to work in our favor. When you look at it on a bigger picture, XAG/AUD had been in an enormous uptrend, and it turned over, and we took that opportunity to sell it. As I mentioned, where it goes now, I'm not particularly bothered because I'm out of this particular trade and therefore looking for new opportunities. It could well pull back and then continue back up again in that overall direction. If that's the case, that gives us a great buy opportunity, which becomes a continuation pattern. But today we're talking reversals, and that is a great example of reversal patterns. If you'd like to find out more about how we trade and how we can teach you and help you to become a successful trader with our help — after all, we've been doing this for more than 16 years and have clients in 109 countries — we kind of know what we're doing, and we know what works and what doesn't in terms of the strategy and teaching. Brand New Forex Masterclass. If you'd like to find out more, click on the link. You'll find my 30-minute On-Demand masterclass. Set aside 30 minutes, go and watch that — you're going to learn a lot of information from it. Also, don't forget to go back and watch previous videos and podcasts just like this. After all, there are 611 of them for you to dig into and learn from. Free 1 hour live Q&A Webinar. If you'd like to book a call to have a chat with either myself or one of the team, I'll put the link here for that as well. You can have a no-obligation 30-minute chat, and we can help you with your trading and show you what we do and how that could potentially help you. Blueberry Markets as a Forex Broker. If you're out there looking for a very good broker, I can highly recommend Blueberry Markets. I'll put a link to them here. All these trades that you see behind me here were all taken on Blueberry Markets — in terms of that Silver trade, XAG/AUD. They've got Silver and Gold against the Australian, the US, the Euro, the Pound, the Chinese Yuan, the Singapore Dollar, and there are probably others that I've missed. So lots and lots of opportunities to be very selective and pick the highest quality chart setups. As technical traders, that's exactly what we need. So Blueberry Markets — I can highly recommend you consider them if you're out there looking for a good broker. That's it for this week. I hope you've enjoyed the session and learned all about reversals. Like, Share and Subscribe Any questions or comments? Please leave them on this page. And don't forget to like, subscribe, and share this with anybody who is out there looking to become a good trader. I’ll see you this time next week. Bye for now. Episode Title: #611: Daily Reversal Pattern That Nailed Profit Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Stop Losing — Learn Forex the Right Way  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here to Watch my Q&A Webinar Replay #610: Stop Losing — Learn Forex the Right Way In this video: 00:33 – “Ask me anything” trading Q&A webinar. 01:19 – Trades were shared, live and closed trades. 01:50 – A lack of trading knowledge. 02:50 – Most people lack a trading plan and strategy. 04:09 – A lack of money management. 05:20 – Invest in your trading education first. 05:49 – Masterclass webinar. 05:54 – Book a call with us. 06:29 – Blueberry Markets as a Forex Broker. 07:00 – Like, Share and Subscribe If you want to be a successful trader, one of the really important things that you must do is take your time to learn the craft properly. If you do that, the rewards will be huge. So let's talk about that important topic and more right now. Hey there Traders! It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 610. “Ask me anything” trading Q&A webinar. Really important lesson today, and it all comes from a free-to-the-public live one-hour webinar that I held earlier this week. I called it “Ask Me Anything,” and people could come onto that webinar live, in real time, and ask me any trading question at all. And of course, I had some emailed to me from people that couldn't attend live. It was a great session — lots and lots of valuable information — and I'm going to put a link to that webinar here on this page somewhere. I really encourage you, if you were not on the session live or if you've not yet seen the recording, to go and watch that session, because I help people with all the questions that they have. And with my 20 plus years of knowledge as a full-time forex trader, there's a lot of valuable content there. Trades were shared, live and closed trades. I shared all my open trades live at the time of the webinar, and I explained why I had those trades open and which trades I had. From last week I shared all my trades — positive and negative trades. You could see that I had a 6.5% gain last week with very low risk per trade and high reward-to-risk — everything that I talk about. You can see that from the previous trades and you can see that on the live open trade. So there’s nothing hidden; everything there for people to see. A lack of trading knowledge. Now, one of the parts that I got from the session was I realized that there are so many people out there who all want to be traders, which is fantastic. But the trouble is, I got the impression from a lot of people that there's a lack of general trading knowledge out there. Maybe that comes about from people hearing about trading and wanting to get into it but not really spending that time upfront to get that real knowledge. For me, that was quite a concern because it seemed to me that there were a lot of people on that webinar who were just not profitable, and yet they were still trading on live accounts of their own. A lot of people seem to be trading on prop firms and failing them. That is just a complete and utter waste of your time and money. Because why would you go and invest in something — either your own live funds or a prop firm, or both — when you don't really know what you're doing? Most people lack a trading plan and strategy. The takeaways I got from that are that, in general, most people seem to either not have a strategy, didn’t really have an actual trading plan, or didn’t know what they were looking for. So I had questions about what it is that you’re looking for — what makes a trade? What, in my eyes, determines what is a trade and why? They don't know what pairs to look for, they don't know what timeframes to look at, and they don't know what market to look at either. Whether you’re looking at cryptos or metals or forex — I got the question, “What's the best pair to trade?” Well, there is no best pair to trade. It depends on what's happening in the market right now. What's the best timeframe? Again, it depends on what's setting up in the market right now. How do you enter a trade? Where do you put your stop loss? Where do you put your profit target? I feel that a lot of people don't have a set strategy and know exactly what to do. They don't know when to look at their charts. Are they looking sort of midway through a candle formation because they happen to be at their computer right at that point? If you’ve been following me for any length of time, you know that I look at a candle pattern and I only look at the close of a candle, so I know exactly when I need to go and look at my charts. I know what timeframes to look at and when I look at strength and weakness of currencies, so I know which ones I'm preferring and in which directions. A lack of money management. Again, it comes down to money management — that was lacking. People didn't understand risk. They didn't understand small controlled risk. They didn't understand how to calculate the lot size needed for various trades. Most people didn't seem to understand that your account denomination — if your account is in U.S. dollars, Canadian, euros, or New Zealand dollars — has a different payout per pip. It also depends on what currency pair you're trading. I found there was a lack of knowledge about that. People didn't understand reward-to-risk either. They were just putting X number of pips as a stop loss and X number of pips as a profit target, regardless of the pair or the current market conditions. So overall, just a big, big lack of general basic knowledge for people who are trading real money and investing time and money into this. And of course, what's the likely outcome for those people? Well, they can lose money, they give up, and they blame the market. They say it's rigged or it's the broker's fault. But it's not — it comes down to you, because you haven't put that time and effort into it. Invest in your trading education first. Why waste money on a prop firm account when you could put that same money into some education and then learn to trade properly going forward? I give information about how I trade with prop firms, copying one account over multiple accounts. There's a lot of valuable information in that webinar. So I really encourage you to go and watch it. As I said, there’s a link here — it’s about one hour long — and a huge number of questions were covered across many topics. Masterclass webinar. Also, if you’ve got another 30 minutes, I really encourage you to jump on, after you've seen that webinar, to my 30-minute masterclass session. Book a call with us. If you'd like to book a call to speak to myself or one of the team about how we can help you with your trading — after all, we've been doing this for over 16 years. We’ve got clients in 109 countries. We kind of know what we're doing. We know what works and what doesn’t work. We know how to help people because everyone learns differently — some by watching, listening, reading, doing. We cover all of that with our trades that we post for people and the way that the course is structured so you can learn it properly, fully understand it, and know exactly what to do and when to do it. Blueberry Markets as a Forex Broker. Finally, if you're out there looking for a really good broker, I can highly recommend you consider Blueberry Markets. They have the MT5 trading platform with a huge number of markets available and very good spreads. Great people, and very quick to get your funds back when you withdraw your profits as well. I’ll put a link to Blueberry Markets here as well. So don't forget to watch that one-hour webinar that was made just this week. It was live, in front of a lot of people. I really encourage you to go and watch it — the link’s here — and then have a look at the 30-minute masterclass. Like, Share and Subscribe Any questions you have, please feel free to email me or comment below here, or send me an email directly at Andrew@TheForexTradingCoach.com . I’ll see you this time next week. Bye for now. Episode Title: #610: Stop Losing — Learn Forex the Right Way Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here to Watch my Q&A Webinar Replay

Fundamentals vs Technicals – Which Drives Markets  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #609: Fundamentals vs Technicals – Which Drives Markets In this video: 00:28 – Technical or Fundamental trading?. 01:05 – Example this week of why I am a technical trader. 02:40 – Interest rate announcement out of New Zealand. 04:07 – We profited from 5 Daily chart trades. 04:25 – Monthly Sell on the NZD/USD also hit the profit target. 05:44 – Brand New Forex Masterclass. 05:57 – Free 1 hour live Q&A Webinar. 07:06 – Blueberry Markets as a Forex Broker. 07:50 – Like, Share and Subscribe Which came first? The chicken or the egg? Or in trading terms, fundamentals or technicals? Who's the winner, and which came first, and which is most important? Let's talk about that more right now. Hey traders! It's Andrew Mitcham here, the owner of The Forex Trading Coach, with video and podcast number 609. Technical or Fundamental trading? So today really is the chicken-or-the-egg question. And as traders we look at all the technical charts, or we look at fundamental news events, or some people have a combination of both. Now, I'm certainly a technical trader. I'm going to share with you why I think that is the most important, but also I'm not saying that news is not important. It's just I think you need to develop, as a person, as a trader, and find out which one is best for you and why. Or maybe the answer is a combination of both. But I'm a technical trader. Example this week of why I am a technical trader. Now, here's a classic example. On Wednesday morning, my time, we were looking at the daily charts at the close of the Tuesday daily candle. And we do this every day, and we've done this for the past 16 years. So at the close of a daily candle at 5 p.m. New York time, we analyze the charts and we look at trades based off the daily charts for the new day. And if you go and look at the close of Tuesday's daily candle, you would see many New Zealand-related pairs all showing massive NZD weakness. And we identified five trades as specific trades based off the daily charts, based on that NZD weakness. And they were the NZD/USD, NZD/CAD, NZD/CHY, AUD/NZD, and GBP/NZD. Now, the last two have been Australian and Pound against the New Zealand. They were buys. The first three were sells, all looking for NZD weakness. So that's the technicals. We saw room to move for the profit target. We saw safety in our stop loss. And for what I look at and what we teach, we had everything setting up there as five excellent, high-quality trades off the daily charts. Now we come back to the chicken and the egg, and we come back to what was actually happening and why. Interest rate announcement out of New Zealand. Well, four hours into the new day, out of New Zealand here, we had interest rate announcements, and they were expected to drop the interest rate by a cut of 0.25, or 25 points. That was what Forex Factory and all the news sites were expecting. However, as a technical trader, I looked at the charts and not only did I see the New Zealand weakening, but I saw massive weakness coming. And for me, when I looked at that news event, I thought, I think this is going to be a bigger cut than expected. Now, whether it is or isn't doesn't really matter. It's more the fact that I could see maybe that 0.25 basis points already probably factored into the market, but the market was showing me a bigger drop was likely to come and therefore a bigger cut than what the economists were expecting. And that's exactly what we saw. So when it comes to the fundamentals, we did see a half-percent cut, which is a massive cut from 2.5 down to 2. You know, that's a big, big cut, and it's to stimulate the economy and, you know, things like that. So we saw a doubling of the expected cut—expected 25 points, we got 50— We profited from 5 Daily chart trades. And we profited from those trades. We put those five trades on; all five were profitable trades. And again, it comes back to why I'm a technical trader, because we could see on the charts this already happening—this likely move already happening. Monthly Sell on the NZD/USD also hit the profit target. And you take it one step further, and on the monthly charts we also hit our profit target on our August 2025 monthly chart, which was also a sell on the New Zealand dollar. US dollar. Now, if you go back and watch my trip where we spent four weeks traveling around America, you would see that at the beginning of August I actually made a video and I said, look, I'm taking a sell trade based on the monthly chart—so, looking at the close of the July 2025 monthly chart. So beginning of August, we had a sell setting up on the monthly chart, like the biggest time frame that we can trade. So my bias is already buying NZD/USD weakness. Anyway, fast forward through to October: our monthly chart has now hit the profit target, and our daily bias—which was looking at sell positions, or shorting the New Zealand dollar—was in the same direction as the likely news and in the same direction as our bigger-picture technical monthly chart, also on the NZD/USD. So you put the whole lot together, you can see how we analyze the charts, what we're looking for, and why this works so well once you understand what you're looking for and how to do this. Brand New Forex Masterclass. So if you'd like to find out more about how we do this, I have a brand new 15 minute—sorry, no, it's a 30 minute—masterclass which you can jump onto. I'll put the link here. It's been released about two weeks ago, Free 1 hour live Q&A Webinar. and on next week—so probably a day or two after you get to see this video and listen to the podcast—I'm going to be holding a live one-hour webinar where anybody can attend. There is going to be nothing pre-made. There is nothing to sell or talk about in terms of the course. It's purely going to be there to help you to come on board live if you can, or ask questions in advance. And it's going to be an open Q&A—ask me anything about how I trade or trading in general: lot sizing, or whether it should be fundamentals or technicals. Any question you have, and I can give you my 20 years of full-time trading knowledge and experience, and some suggestions to help you. If you'd like to come on board with that, it's a one-hour session. I'll put a link here so you can register as well. You will need to register to jump on that. Hopefully you can get the live. If not, maybe register and then watch the recording. But any questions you have—any topics you would like me to cover that's going to help you as a trader—send an email to me or leave a comment here. My email address: Andrew@TheForexTradingCoach.com , or leave a comment somewhere here below. Blueberry Markets as a Forex Broker. If you're out there looking for a really, really good broker, I can highly recommend Blueberry Markets. Pretty much anybody around the world, apart from the US and a few other countries, can open accounts with them. I use the MT5 platform. Lots and lots of markets—you know, things like the NZD/CHY we took just yesterday. You know, some brokers don't offer pairs like that. So, lots of different currencies, lots of exotics as well now, and cryptos, metals, commodities, indices, etc. Not only that, great people and fast, great service as well. So, Blueberry Markets—I’ll put a link to them as well. Like, Share and Subscribe So that's it for now. Try to get onto my webinar—the one-hour Q&A session— and also make sure you jump onto that 30-minute on-demand masterclass as well. So, right, the trading—we're doing well. We're helping people. I've been doing this for like 16 years now. Check out our reviews also on Forex Peace Army to see how we're making a difference in the world. And any questions, of course, Please leave comments below. This is Andrew Mitchem here from The Forex Trading Coach. I'll see you this time next week. Bye for now. Episode Title: #609: Fundamentals vs Technicals – Which Drives Markets Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass

Build Confidence & Consistency in Trading with Diana Perkins & Forex Coach Andrew Mitchem  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass #608: Build Confidence & Consistency in Trading with Diana Perkins & Forex Coach Andrew Mitchem In this video: 00:31 – My trading chat with Diana Perkins. 00:56 – Andrew & Diana trade different markets but share a common philosophy. 04:15 – Risk management and psychology. 05:27 – Removing the hype around trading. 13:15 – Lot size, risk, demo and live trading. 19:14 – Technical trading and News Trading. 22:05 – Trading FX, Metals, Indices, Cryptos and Commodities. 25:15 – Using currency Strength and Weakness. 27:07 – Fitting trading around your lifestyle. 32:05 – Enjoy your trading. 38:20 – Trading via a Prop firm. 39:25 – Knowing that you have the knowledge to trade for yourself. 42:22 – Contact Diana Andrew Mitchem One of the best ways for you to learn how to trade properly is to listen to conversations between experienced traders. So today I've got something really special for you. Just yesterday I had a chat with Diana Perkins from Trading with Diana. We trade different markets, but we both share the same philosophy, and it's going to help you massively. Andrew Mitchem Let's get into that more right now. My trading chat with Diana Perkins. Andrew Mitchem Hey traders, Andrew here at The Forex Trading Coach with video and podcast number 608. For 40 minutes you're going to get absolute gold with my interview with Diana Perkins. Let's start straight away. Everybody, it’s Andrew Mitchem here at The Forex Trading Coach. Absolutely thrilled today to be joined by Diana Perkins from Trading with Diana. Welcome along, Diana. Nice to see you so much. Diana Perkins, CPA And thank you for having me. Andrew & Diana trade different markets but share a common philosophy. Andrew Mitchem Awesome. Well, look, we got put together because I think someone thought that we would have a great education and insight to help people, because although we do slightly different things, I think our philosophy of trading and helping people is something that will align really well for people watching and listening to this. So maybe first of all, Diana, if you could introduce yourself, who you are and what you do. Diana Perkins, CPA Absolutely, and I agree with the person who connected us. I'm really excited for this conversation. So, Diana Perkins, I'm the founder of Trading with Diana, which is an educational platform where I teach everyday people how to trade the market with confidence. I do this through workshops, personalized coaching, and newsletters, and it's honestly the best part of my day. I spent a good part of my career trading and mentoring and coaching others in the space, and recently launched my own business so I can do this full time. Andrew Mitchem Awesome, awesome. So, when you coach people, what kind of markets do you generally look at? What do you help them with? Diana Perkins, CPA Yeah, it's typically the US equity market and we're focused on stocks, ETFs, you know, some index funds and, for a small subset—although it's growing—options trading, which I don't normally market. But I did used to be a professional options trader. I love it. There's so much that you can do with stock options. So focus in those areas. But it's really all market conditions, which brings up—I actually just spoke with a trader this morning about that—just looking almost, you know, the last nine months in review, but all different market conditions across all different sectors. It's really a flexible approach. And you'll hear me say that investing, it's very individual. Andrew Mitchem You know, I was reading your background about how you started when you were young with charging—I think it was the interest—some borrowings and things like that, and it was like, that was really cool. I love that whole story. So I'm guessing you've been into, like, the financial industry or business for most of your life? Diana Perkins, CPA Yeah, absolutely. So as long as I can remember, I was a numbers girl. At eight years old, I learned what compound interest was, and when my family found out I had a little bit of, you know, petty cash, they started asking me for money. So I charged interest because that money could have been earning interest in the bank account. So, yeah, from an early age, I always knew finance was my passion. Throughout my career, you're right, I spent about 20 years in various roles in the finance industry. But it was really a class I took in college where we had a virtual stock exchange competition. I'm very competitive by nature, and I wanted to win in order to understand what moves the markets. And so that's how I learned. I knew this is what I wanted to do, but I wanted to do it on my own terms—if you want. But, so what I did is I got my finance and accounting degree, my CPA, did corporate job, and then ten years in, I went out on my own to learn how to trade stock options and never look back. Risk management and psychology. Andrew Mitchem So that's interesting because I'm guessing with that kind of background, you learned either the hard way or straight away about risk as well, because I find it interesting that, you know, we're in—especially myself in the forex market predominantly—we're in this industry where people think risk is like, you know, they have to risk everything, or “I don't want to do it because it's too risky.” I'm guessing that we're both completely the opposite, and we're both very conservative and risk-averse in how we trade. And I'm guessing that with your business, it's the same thing. Diana Perkins, CPA Yes. I would say that's an area where we're probably very similar—where it's not—but risk management, that's what keeps you in the market long term. Yeah. Really kind of the sexy side, I think, of trading, which is why I think a lot of trading education or, you know, just when I say that, I say it loosely—like YouTube videos and things that, you know, the masses are looking at—they don't really hone in on that as much. Like 80% discipline and mental and managing our emotions in trading and sticking to a structure and plan and building that consistency over time. Removing the hype around trading. Andrew Mitchem Yeah, and like you brought the word emotion into that. I think that's such a—I've always said to people when they start, there's two things you've got to control. One's up here and the other's in here—your head and your heart. Your emotions are such a massive part of trading. And I see the danger, you know, with YouTube, TikTok, and Instagram—all that type of thing—you know, there's a little bit of okay information out there. There's obviously a lot of bad information. People always show you the flashy red Ferraris and the private jets and “look what I did on this trade, I made 50%,” but we both know that behind the scenes, that's not real. But unfortunately, a lot of people get, I suppose, caught up in that roller coaster of thinking they're going to make a fortune straight away. And I noticed on your site—and there’s one thing I also say—you had a section on there “who this is not for,” and I thought that was really interesting and good because we're both upfront and honest. We're here to help teach you, but if you want some ridiculous, you know, gain, you're not going to get it with us. Diana Perkins, CPA That's right. That's absolutely right. And I think a lot of what's out there—I agree—there are a lot of folks who want to say how, you know, they see that one story, like you said, with the Ferrari, right? “Oh, I want that. How do I get that easily and quickly?” Yes. It's true—like anything in life—you need to put in the investment upfront, and it's not even, you know—I mean, some of it, yes, dollar-wise—but the investment of time and your energy to really learn how to do it right. And I think there's like this misnomer out there that—and you do need to make that investment—but you don't need, you know, millions to start. You don't even need thousands to start. I mean, right. And I have a feeling you and I could get really into this, but right now the markets are more accessible than any time before. Right. You can open an account in, you know, 15–20 minutes. You can start with dollars. You—you know, you can't afford a $500 share of Microsoft? You can buy a fraction share on many of these platforms. So it's so accessible. But you do need to make that investment upfront on education because you don't want to get whiplash. And you don't want to lose money in a trade because you put in the order backwards. You know, you want to do it because maybe you called the market wrong. So, so many learnings—I'm sure you could attest as well, having been, from what, 15 years. Andrew Mitchem So would it be fair to say that it's the learning how—like the how to do it—that is the most important thing right now when someone starts, or even if they've been doing it for a long time and have failed? It's the learning properly, the “how to.” Because I say to people, if you do that upfront, forget about the next six months or even the next year. You know, use that time as your learning process—your learning phase. And if you do that right, then afterwards things will be really good, you know, financially. But do that groundwork—that hard work—upfront. Learn how to do it properly and to a low risk. Learn what sort of person and trader you are, and the results will follow. Diana Perkins, CPA Yes. And actually that last piece that you just mentioned—learn the type of trader that you are. We all have a different and personal relationship with money. And when it comes to trading—and I talk to a lot of my traders ab