Are You Ready to Trade in 2023?”
#486: Are You Ready to Trade in 2023?”
In this video:
00:30 – The last video and podcast for 2022
00:43 – Trading into 2023
01:33 – The bigger global picture
02:31 – Things we can control
03:18 – Christmas & New Year break from trading
03:49 – What are you going to do?
04:45 – If you need trading help & my free webinars
05:31 – Have yourself a great Christmas
Are you ready for a fantastic trading year heading into 2023?
Let me help you make 2023 the best year ever. Let’s talk about that a more right now.
Hey there, forest Trader. It’s Andrew Mitchem here at the Forex Trading Coach with video and podcast number 480.
The last video and podcast for 2022
This is the last video and podcast for 2023. I hope you like the kind of festive shirt, and it’s summertime here in New Zealand, and we’re all looking forward to a really nice Christmas and New Year break.
Trading into 2023
But this video and podcast is about 2023. And what is it that you can do right now to help yourself making 2023 the best trading year that you have had? How’s this year been? What have you learned this year? What have you done that’s like really silly? Maybe? What have you done that’s really good? You educated yourself in trading?
Do you have yourself a plan, a structure, a way of trading? Have you gained consistency this year? Have you gone on to prop firms this year? Maybe? What is it that you can take away from this year that’s been really good, or maybe something not so good that you can go, well, that was a bit silly. I shouldn’t have done that and try and avoid that same mistake going into next. So that’s what I want to help you about now.
The bigger global picture
So, heading into next year, like on a, I suppose, bigger picture, things are not looking particularly great, are they? We’ve got massive inflation all around the world. We’ve got interest rates rising. All around the world and we’ve got costs of, like housing and fuel and, delays in shipping and all these kind of just things are just not looking particularly great on a bigger global scale.
I know here in New Zealand, being an island nation, the time and the delays of getting materials here is getting worse and worse. There’s fuel shortages starting to just, disappear, the price of food has gone through the roof. There’s not the amount of tourists coming here that there once was, years ago.
And so all those things are kind of like sort of accumulating and snowballing to make 2023. Probably on a bigger scale, not look so good.
Things we can control
So let’s come back to things that we can control and that’s our trading, and that’s where you need to learn what it is you are going to do. Heading into 2023, are you going to decide to get yourself educated?
If you are who you’re going to go to, are you going to make some trading rules, some trading plans? Are you going to think about doing this properly? Are you going to think about low risk trades? Are you going to think about what is it that I can see on my charts that’s going to give me a high quality trading pattern? What time of day do I want to trade?
What pairs am I looking at trading? Am I’m going to look at non Forex pairs as well. Am I looking at trading, trading different timeframe charts next year? Am I going to look at changing brokers even next year? What is it that you can do?
Christmas & New Year break from trading
Because, here at the Forex Trading coach, we’re going to be taking a break shortly, and we are not starting our trading again until Monday the 16th of January. We’re going to have a decent break.
I think after the year that it’s been, norm trading wise, it, it’s actually really nice to have an end of year break. And again, being summertime here this time part of the world, it’s going to be a real great time of year just to catch up friends and family and just forget about the actual day-to-day trading for a while. But what is it that you can do?
What are you going to do?
Because our clients have just had incredible results. This. A lot of people are just making great consistent results. A lot of people have gone onto prop firms, so they’ve done the homework, they’ve done the prep work, the time learning the basics, and now they’re reaping the rewards.
So what is it that you can do? Because if you’ve got, say, two or three weeks off over Christmas and New Year, from whatever it is that you do use that time wise, don’t sit wasting your time watching rubbish on Netflix and stuff like that. What is it you can do? Can you do some research? Can you watch some videos, some webinars, some podcast?
Listen to some podcasts. Go back and look at previous trades and charts and your trading account and, and take away all this kind of information, and, and, and basically get yourself ready to run for 2023. So that’s, what this is about.
If you need trading help & my free webinars
If you need any help at all. Over the Christmas and New Year break. Look, we are on reduced hours, but we are around, so feel free to email me.
If you would like to get onto one of my free webinars, I hold them for new traders and experienced traders. Jump onto one of those. I can highly recommend you spend an hour and do that. But apart from that, look, we’ve had an awesome year. We’ve loved doing what we are. Results are amazing. Clients are just happy and doing really well, which is just such a thrill for us.
Our own personal trading’s been good. We’ve got an awesome team of, people helping our clients with a great community of traders, and that’s what it’s all about. And so look, we are looking forward to 2023.
Have yourself a great Christmas
We’re looking forward to a fantastic year, but on behalf of myself, my family, Paul. Mikalai, Mhel and the whole team of us here at the Forex Trading Coach, but we’re wishing you, your family, your friends, an awesome Christmas.
Have a fantastic New Year, and we’ll see you in 2023 to make that year the best yet for you. We’ll see you there.