Andrew Mitchem interviews client making 24% per year
What's it take to become a profitable Forex trader? Let's talk about that and more right now.
Hi, traders this is Andrew Mitchem here, the Forex Trading Coach. I'm coming from the iFX EXPO in Hong Kong where I‘ve been here for the last three days at the expo. I gave a speech yesterday talking about Forex within the Asian region. You can see that on my Facebook page if you want to have a look at that.
What I wanted to do is talk about a person I bumped into here at the expo. His name is Alex. Alex is from India. He came up to me and said, “Andrew, I've been wanting to meet you for a number of years, and I'm glad to finally meet you.” Alex is a client of mine. He joined my course back in 2012. Alex started my course back then not knowing anything at all about Forex trading. Here we are, three and a half years after he joined, he's noq managing funds for people for over four hundred people and he's now a full-time trader. He's made twenty-four percent per year for the last two years. This year he's aiming to push that up to around thirty-six percent return for his clients.
Not only was it an absolute thrill for me to meet him, because I'm so pleased to meet someone who's doing so well, and meet him in person, but the interesting part that I got out of the conversation with Alex was that it shows that anybody can become a good Forex trader if you put the time and the effort in, and the dedication. Alex, came to me, as I said, three and a half years ago not knowing anything at all about Forex. He was brand new. He said, in his own words, that he'd spent about a year to year and a half going through my course, watching videos, attending webinars, logging into my website daily, using my help, emailing me. It took that length of time. Now he's achieving something that's beyond his wildest dreams. His business is growing and growing, as you would expect with a twenty-four percent return for two years running. Bear in mind he's only risking a quarter to a half of one percent in trade. He's extremely low draw downs and making massive gains. It's just fantastic to see that.
What I wanted to let you know with that is that this can be achieved, and it can be achieved with very low risk, but first of all you need that time and the effort into the trading before that happens.
Apart from meeting Alex, I've also met a lot of great people within the industry. I'm not knocking trade shows, but it's very noticeable how a few people here that I've met actually are traders. Unfortunately it's a fact. It's a lot of brokers, it's a lot of people promoting software, promoting all sorts of things. That's fine. It takes all sorts of people within the industry, but there's very few people that are actively trading. It's one thing that was nice for myself to meet other traders, and of course, Alex himself. It just goes to show really how valuable education is.
It's one of the things I took from this session, because it's not an easy thing to trade Forex. There's lots of people that have tried, lots of people that have failed. The story just repeats itself. The people who put the effort in, the people that sought good education, are the people that make the money from Forex and last at it, and it helps change their lives just like Alex's life has changed.
If it's something that you'd like to know more about, what I encourage you to do is have a look at my website and go and look at Alex's interview. He was kind enough to spend about five minutes with me, and we had a chat on film. I recorded the session. It talks about his background and how he joined my course and how things have changed for him.
If that's something you'd like to know more about, what I encourage you to do is have a look at one of my free webinars that I hold each week, whether you're a new trader or experienced trader, get in touch with me and see how I can help you become another Alex.
This is Andrew Mitchem the Forex trading coach coming from Hong Kong. Catch up with you next week when I'll be back in New Zealand.