Trade the Markets From Anywhere in the World
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#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
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