Making Extra Income While on Vacation in New York with Paul Tillman

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#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

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Find Out What’s Blocking Your Trading Growth

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#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

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Stop Losing — Learn Forex the Right Way

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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

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Fundamentals vs Technicals – Which Drives Markets

Podcast:

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#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

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Build Confidence & Consistency in Trading with Diana Perkins & Forex Coach Andrew Mitchem

Podcast:

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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 about this—many times they’ll say, “I feel like you’re a life coach in addition to my trading coach,” because back to—you know, because it does involve risk.

So yes—so yes, the “how to” is very important, and I run workshops just on those tactics. But I would argue that trading and being successful in trading long term is probably 80% psychological. So when you just said “it’s the type of trader you are, the type of investor you are, that relationship,” and then determining, okay, how do I want to trade?

What are my goals? You know, how much am I willing to risk? You know, just make sure you have answers to all of those questions before you place your first trade.

Andrew Mitchem
Absolutely. And do you encourage people to start on demo accounts, or do you go straight into smaller live accounts? How would someone start with you?

Diana Perkins, CPA
Yeah, great question. So I do work with a contingent of aspiring professional traders—options and forex—and every one of them are required to trade on a demo account. So absolutely, yes for those folks.

For my beginner traders who are just dabbling, I do encourage a demo account. If they don’t trade in a demo account, then I always encourage to start small—very small.

Number one rule: don’t trade anything you can’t afford to lose. And then number two: never take the big loss. Right? So there are some that just dabble. Because there is a different—going back to the mindset—it is different in demo versus live.

And then finally, I’ll say probably with my most experienced traders—I mean, I will say I get on coaching sessions and I’m teaching a new option strategy and they’re placing the trade right there live. I say, “Oh, well, why don’t we try that, you know, in demo first when it’s a new strategy?” And this time a new, you know, even position sizing as your account grows?

I had that question recently from a trader—“You know, get your feet wet. You’re trading with a significant amount of capital to you,” right? First of all, get your feet wet first. And then when you feel confident, then go in your live account. So long story short—for the most part yes, although some folks who are just, you know, dabbling in news, sometimes they might try a little bit with live to get their feet wet or to build their confidence.

And then we go in and we talk about all the elements you mentioned before—the real meat of the “how.”

Andrew Mitchem
Right now, the way that we teach people—and again, it’s personal because it’s up to each person what they determine risk and amount of money—I personally, for my own trading, I trade at half of 1% of my account risk per trade. If I trade on prop firms where you can trade on other companies’ money for profit share, I’ll go down to a quarter of 1% risk per trade.

And sometimes that’s even split over two trades—two positions. So it’s very, very small amounts because, like you said, it’s the psychological—the mental aspect is so huge. And I think it’s also important that you control that risk so you’re not frightened to take that next trade.

Like if you have a loss, that loss, I think, should be acceptable for you. If you see the position at the time, and it meets your criteria and you take the trade and it goes against you, then you shouldn’t be scared about getting into the next trade because—providing those criteria are right and the market goes against you—well, that’s sometimes what happens.

So I think that real low risk, low drawdown is crucial for people to almost, like, trade mentally. Because I think, unless people really get into it, that whole aspect of live trading and the emotions is so important to get right.

Lot size, risk, demo and live trading.

Diana Perkins, CPA
Absolutely. And there’s so much, I feel, to unpack there. And, you know, position size in every trade—typically with traders, we’ll talk about 1 to 2%. But the half percent, quarter percent—you know, the other side of that is how many positions do you have on.

Andrew Mitchem
That’s right.

Diana Perkins, CPA
Yeah—broader your portfolio risk. So there’s this analogy that I share with my traders, and it hits on just what you’re talking about. You don’t want one loss, you know, mentally, to make you so fearful you don’t want to get back in. Yeah.

And so there is this analogy of ten trades. And the idea is you have a portfolio of trades—and it can be currencies, it can be US stock options, you know, whatever it is—whatever you’re trading. You have ten positions on at a given time, and you go in and you have your—ideally you have your trading plan and position size either to max loss of options or you have a stop loss. You know, so you’re managing your risk in all ten trades.

You do your analysis; you approach it right. The reality, though—going in—start with the mindset: even though maybe you did everything right and followed the system and plan, you’ll probably have at least two to three of those trades come out as a loss. Maybe—and I’ll call it three to five, right—will be, you know, small loss or small gain.

Andrew Mitchem
Yes.

Diana Perkins, CPA
And the three—ideally more on the upside if you’re playing probabilities and charting—but we’ll just call it two to three winners, right? And you want to make those up because they’re going to pay for your losers. And what I see a lot are traders that want to get out of their winners early because they’re working through—and that’s where that emotional discipline comes in, which I’m sure you could speak to, with your experience.

Andrew Mitchem
Yeah, we see exactly the same thing. And that’s why with the strategy that I’ve developed, profitable trades—like a broad range—would be between a 2-to-1 reward-to-risk and about a 4-to-1. So, in other words, if you were risking 1%, you make 2, 3, 4%, depending on the individual trades.

And so I think that’s really important because, as you said, you’re going to have some little losers and then, you know, bigger gains, and you kind of step your way up. When you look at it, it’s not an equity curve as such—it’s more of a—I look at it as like a ladder. You know, little losses, bigger gains; little losses, gains.

And I seem to think that that’s how people progress well. And then we talked about compounding as well before we started. You know, getting people to understand the power of compounding is huge as well. And I think a lot of people—you know, it’s a very simple concept—but I think a lot of people don’t know how powerful it can be, both when you’re making money and also when you’re losing money, because your risk is therefore the same percentage but a smaller monetary value. So, yeah—compounding, time—they’re both very powerful things.

Diana Perkins, CPA
Can really—I mean, compounding, that’s how you build wealth. There’s a lot of work for building wealth with confidence. And the first—and this is for folks completely intimidated by the markets—“Where do I start?” And I always start with, “Why even invest?”

Yes, I have a chart for $50,000, and there’s two lines on this chart: $50,000 over 30 years sitting in the S&P 500, and it’s over $800,000 of profit. Sitting in—of course I use the traditional savings on the flip side—and it’s about $8,000 over the same amount of time.

Now, steady returns, which we know—since 1928—random stat, but the S&P has averaged about 9 to 10% per year. But it’s actually interesting: when you look at the average between 8% and 12% annual return, it only happens about 20% of the time.

And so I think a lot of folks see it as really volatile because you tend to remember some of those really down years, or others—really great years that the S&P returned, you know, 25–30% or more. Yeah. I’m with you—compounding really makes all the difference, and that’s how you build wealth. You won’t do that in a traditional savings account.

High-yield savings around 4%—you know, similar concept for maybe emergency fund. But the financial markets—that’s really where it is. The other thing that you mentioned is reward-risk. So 2-to-1 to 4-to-1—excellent. Yeah. So typically we target around 2-to-1, although it is swing trading; it’s shorter term. But you have that key concept: you want to make more on your winners than your losers. So even if batting like a 50–50 win-loss, you’re going to come out ahead.

And that’s really the key to win-based. You know, once in a while, you know, making an earnings play or, you know, non-farm payrolls, or, you know, a Fed—maybe, you know, you might play a certain economic report, corporate earnings. It stops and really try to, you know, get those home runs. But even those also sometimes throw into the 1% risk—like you think, you know, right? Half a percent or 1%—I’ll cut that on those that feel more speculative than what the other 95% of my trading is. So nice.

Technical trading and News Trading.

Andrew Mitchem
So we’re technical trade—I’m a technical trader. I look at charts. Yes, I’m aware of, you know, news events. Like you said, the non-farm payrolls or employment change, I think it’s called these days. But all those type of things—we’re aware of them. But I personally trade and teach as a technical trader.

Do you do something similar with candle patterns, and is that how you teach people to look for certain positions?

Diana Perkins, CPA
Yep. Yes. So I would say—I think there’s definitely a place for both technical and charting and fundamental analysis. I think they work hand in hand. But primarily I teach—and what I focus on with my students—is technical analysis. And the reason for that is: focus on swing trading, swing timeframe. So anywhere from, well, a few days up to maybe 7 to 8 weeks on the long end.

Most of my traders around 2 to 3 weeks. Most of my strategies—actually no, about 4 or 5 weeks, which is definitely on the longer end. But because of that, momentum trading—technical analysis. However, there’s always a fundamental check before going into any trades. So looking at things like earnings announcements; if I’m not as familiar with the industry or that specific company, you know, looking at its competitive positioning, analyst reports—what are some of the targets—recent earnings.

And I always do a scan on news to understand, okay, what’s more current? Is there M&A activity? Their product lines? What are their competitors doing? So I run through all of that before I put on the trade. But everything up to that point is technical analysis through top-down.

And I would love to hear more about your system and how you do selection as well.

Andrew Mitchem
Yeah, sure. So, although we’re called The Forex Trading Coach, over the last number of years we’ve had access on our trading platforms to more markets like the indices. In fact, I took an S&P 500 buy trade yesterday, which was profitable for our clients. But we can trade the indices, the metals, commodities, cryptos, and of course the currencies.

But the way that I trade them—they’re all taken the same way. I’m looking at a chart, and it could be the Euro/US dollar, or it could be the S&P 500, or it could be Bitcoin. And to me, it doesn’t matter what I’m trading. It’s more: does it have the technical setup to move in either a, you know, bullish or bearish direction depending on which way I’m trading.

So—and of course when I started and worked this out into a system—because it took me four years of going around in a circle, you know, losing money, buying different ideas and systems and getting nowhere. And so about 18 years ago things came right; 16 years ago we started coaching.

Trading FX, Metals, Indices, Cryptos and Commodities.

Andrew Mitchem
But obviously back then, cryptos didn’t exist. We couldn’t trade metals; we couldn’t trade indices. So what’s been really pleasing is because we’re based on sound technical analysis and looking at candle patterns and where they occur on the chart—have they got room to move to the profit target? We look at round numbers—like, you know, strong levels, price levels. And by the way, I find that so many people fail to look at the price of something they’re buying or selling.

You know, can you have your stop loss protected by a 00 number? Things like that. So we quite heavily look at the actual price. A lot of forex traders just fill their charts with clutter of lines, and it looks like spaghetti on the charts—lines and dots and arrows—and they actually don’t look at the price.

But simple candle patterns and analysis can work, I find, across all markets. We don’t look at news as much as you sound like you do because of the nature of predominantly the markets we’re trading. You know, we’re aware of the main events like an interest rate or employment data, but we don’t specifically— I don’t especially—trade them.

I prefer technical analysis because you could have something affecting the US market, let’s say. What if I’m trading the Euro against the New Zealand dollar? It’s completely irrelevant, well, you know, in most circumstances, what’s happening in the US market. Or if I’m trading the Australian against the yen, what happens out of the UK or Europe—it’s pretty much irrelevant.

So I find that in currency trading, a main news event is only relevant if you’re trading that currency. So the British—if you’re trading the British pound and there’s something out of the UK—obviously that would affect, more likely, what you’re trading. Or you don’t trade until that news event’s finished. But predominantly we’re candle patterns and technical traders.

Diana Perkins, CPA
Well, and I love what you said about keeping it simple. I’ve definitely worked with traders and there’s, you know, you know, Fibonacci retracement, and there are all these different indicators. And, you know, price and volume—primary indicators—start there.

And you bring up an interesting point too around pairs trading. So there was a stint about 15 years ago where I did dabble in forex, and I loved the concept of pairs trading so much I actually do apply that to my stock and options trading.

Okay—within a sector I make—you know what, energy is a good sector to do this because it’s—I think, you know. So anyway, basically you look at relative strength, and you have a stock that’s outpacing the S&P—you have a bullish strategy on that particular company stock—and then you want that relative weakness within the same sector. So if there’s a sector rotation, you’re making trades right for one another.

Using currency Strength and Weakness.

Andrew Mitchem
So you could use sectors in the way that I use, like, the Euro or the US for strength and weakness because—you know, we’ve got trades setting up very shortly in half an hour. And I was looking today for a sell trade on the Euro/yen; it just happens to be looking like a reasonable trade.

But then I’ve gone again—I’ve looked at the Euro against the US and against the Aussie and the Kiwi and the Canadian—and the Euro is looking really, really strong. So by looking at strength and weakness, it can actually keep you out of losing trades because although this Euro/yen looks like it’s dropping, the Euro is strong against every other currency.

And so I tend to stay away from taking a sell trade on the Euro/yen today because I’m trading against the overall predominant strength of the Euro. And I think when you blend that with your chart analysis and your strength and weakness analysis, it can actually help you to avoid losing trades as well.

Diana Perkins, CPA
Yeah. And if we zoom out, it’s a different perspective. And similar to what you were saying before with charting—one of the great things about it, whether you’re trading cryptocurrencies, ETFs, stocks, commodities, currencies—right—it’s transferable or translatable across different asset types.

And I would say the same thing. And I’m actually a little curious about this—so I mentioned swing trading timeframe is my sweet spot. I see with charting, right, you can go to a 15-minute, 30-minute, hourly timeframe and trade on that, or you can buy and hold and go heavy on the fundamental. I would love to hear more about your approach, just in terms of timeframe and how you look at that technical analysis.

Fitting trading around your lifestyle.

Andrew Mitchem
Yeah, definitely. So I use a phrase of, “There’s no prizes for trading.” Because everybody thinks they need to be looking at short timeframe charts, and the reality is you don’t—and you should probably do the opposite.

So as an example, tomorrow it’s the 1st of October. And so we’ll be going through the monthly charts for the September close and looking at those on longer timeframe charts for October trades. The beginning of each week we look at weekly charts, and every day we look at the daily charts.

And so that’s the 5 p.m. New York close. And so we make the analysis of where we see trades based off those closes of the daily charts. At the same time, at the 5 p.m. close, we can also go through and look at, like, 12-hour and 8-hour and 6-hour trades. So we look at those shorter timeframes as well because they all close at the same time.

My other personal favorite time to trade is 5 a.m. New York time. No, not great for you. But you don’t have to be there at that exact time. But at that time, the 12-hours change over as well because obviously it’s 5 p.m., 5 a.m.—two lots of 12-hour charts.

And so I find that those are the two best times to trade. If I had to pick—like, you know, someone’s working full-time or traveling, like, we’ve just spent a month traveling around the US—I traded once a day at 5 p.m. And it doesn’t matter whether you put the trade on at 6 or 7 or 8 because we use limit orders. We don’t trade at the market so much.

I use a buy limit. So if I see a bullish pattern, I will take a buy limit to buy below the current price. So in, you know, markets—things move up and down—and it comes back down below my buy limit and then goes up, hopefully, in the anticipated direction. So it means you don’t need to be there at that exact time because you can put the buy limit on, the market pulls back, triggers the trade.

Even if it doesn’t—it just takes off—then you miss the trade. And I think that’s, again, an important thing because we have coaching clients in 109 countries—everybody on different time zones, different works and family and everything else going on in busy lives. But most people should be able to trade, like, 10–15 minutes once a day.

And I think that’s the important thing—you don’t have to be there glued to charts. Because for me, like, trading your time zone—it’s like 2:00 in the morning. I’ve got better things to do at 2:00 in the morning than sit looking at charts.

And, you know, so I think it’s important that people focus on trading less but trading better quality.

Diana Perkins, CPA
Yeah. You know, I would say one of the biggest mistakes in trading is that you need—and I always got this question all the time when I was learning trading and first getting into coaching—“Diana, how many screens do I need?” I say, “One screen and a very reliable internet connection.”

But, right—just like you said—through limit orders or even through bracket orders, right—set it and forget it. You have your entry point, which—right—limit order or a limit, and then your sell stop, which—stop-loss. So yeah, it’s advanced order types, but it’s so simple: three legs. If it triggers, you’re in.

If it doesn’t, then it probably wasn’t meant to be because it’s not moving in your direction or it’s not the price that you need to follow the reward-risk. But then once you’re in, you can sit on it. It hits your target—you’re up. Or, you know, it hits your stop loss—your personal loss—and life.

And I think that’s so important. You know, a lot of my traders—they’ll do their analysis on a Sunday, for example. And typically the analysis involves looking at the broad market—so the S&P, Nasdaq, Dow—for equities; sectors—what’s relatively strong, what’s relatively weak. And then essentially a filter of individual stocks—they go on a watchlist. Market opens, you monitor your watchlist. But just like you said—10–15 minutes a day.

The rest—overtrading. I think the statistic, loosely, is, you know, 95% of day traders lose money. And I actually tried the other day—I think it was actually on just, like, the S&P. I had a short-term trade, a day trade, and I was just going to be in it for a few hours.

And I was watching every tick, and I wanted to rip out my hair. It’s just not how I trade; it’s not how I roll. I don’t know why anyone would do that to themselves. Do your analysis up front, know your numbers, know your risk tolerance, know your timeframe, and then place the trade—and let the strategy work.

Enjoy your trading.

Andrew Mitchem
It’s quite interesting—we’ve both been in the various markets for a long time, and we both look happy, and we’re smiling and we’re enjoying it. And I’m sure a lot of it is because we figured out that we shouldn’t be just glued to the charts because, you know, I think we both find it enjoyable and we look forward to each week starting because of, almost like, the lack of time that we spend doing it.

I think if you are glued to it—ten hours a day—you just need to do something else. And I think that’s where so many people go wrong. Or they go, “I’ve got a full-time job” or “I’ve got lots of kids, I can’t do it.” And it’s like, yes, you can. I’ve got five kids. You know, I’ve been trading through raising five kids. You can do it. You can travel and do this; you can have a job and do this. And I think that’s where so many people think that’s not possible.

Diana Perkins, CPA
It’s so true. I mean, when I started trading about 15–20 years ago, I was working full-time, and it was a very demanding job. And that’s where the bracket orders I was talking about—so many of the traders that I work with now, you know, we meet at odd hours of the day and evening, and it’s all working around those schedules.

And they’re looking for that freedom. And they’re not—they’re not greedy—but they love the flexibility. There’s a passion. I always say, like, when you’re a trader, it’s in your blood. Like no one—even now, my family—“We don’t know what you do.”

Andrew Mitchem
You know, I get the same.

Diana Perkins, CPA
But you just know. And, you know, I’ve worked with options traders, you know, forex traders—yes, there’s that element of risk and you have to set expectations. If you’ve done it for a while like we have, you know, you’ve taken some punches to the chin. But then you come back up, you learn about risk management, and you find a way to be consistent if you want long term. Because if you have a 50% drawdown, you’re going to have to make 100%…

Andrew Mitchem
To get it back again.

Diana Perkins, CPA
That’s right.

Andrew Mitchem
Yeah, people don’t get that simple number, but it’s so true. Yeah. So, Diana, what’s the—like, there’s a couple questions here. What’s the pain point that people have when they come to you? What’s going wrong, or what do they need to fix when they come to you? And also, I suppose the second question is—with the way the cost of living and inflation is—it doesn’t matter where you live in the world these days. What’s the downside of not doing something like we’re doing? Like, what’s going to be the result in five, ten years if you don’t do anything also?

Diana Perkins, CPA
Yeah. So I think both great questions. So the biggest challenges I see—and there’s actually a bit of a spectrum. I work with—I run workshops for those completely intimidated by the market. You know, they don’t even know where to start. So it’s not just “where”—it’s “why do I need to invest?” “I don’t understand the terminology.” And so I run through all of that, and then just the tactics of opening a brokerage account, and then I’ll share some initial investments to start with.

And I have students in those classes who start at zero knowledge of the market. By the end of it, that day they’re opening brokerage accounts—some placing their first trades for the first time in their lives.

So that’s for my newbies. And then my advanced traders and professional traders—so many things, but I’ll say the number one is around discipline. “Hey, can I tell you about this trade? You know, it hit my profit zone, but then it turned over. Should I take my profits early?” I say, “Okay, you can take your profits early—so you can take your losses off early too? Because otherwise your losses are going to cut into those profits.”

And we talk about that discipline in trading. Others will come to me when—and I had this issue when I first started trading, too—I was a bit too conservative. Now, the counter to “you need money to make money,” I was breakeven for a long time. Right? And so for more experienced traders, they either—well, almost all—have drawn down or account to zero. So risk management—I think of that first.

And then the other is they’re sitting at breakeven and they want to break through. So it could be new strategies, looking at their risk management, their strategies, their trading plan, or even exploring new options strategies or timeframes—things like that. It’s so different for each. But yeah—risk management and just getting started—probably two of the biggest ones. And then just that discipline—like, they know what to do, but applying it—very different. I’d say that for the first part of your question.

Andrew Mitchem
And the cost of living—doing nothing?

Diana Perkins, CPA
Passive income—very expensive right now. I think dealing a bit with the aftermath from Covid—an inflationary environment. But when we look at where we place our money—and there are some folks who might be saying, “I don’t have money to invest. Are you crazy?” But the idea is—whatever it is—even if it’s, you know, $50 a month.

We talked about compounding earlier. Yes—if you keep it in a savings account or checking account—inflation 2–3% per year, typically—you’re losing money. If you have the high-yield savings—again, you’re still just about at par. Putting your money in the stock market over time—that’s, like we talked about before, that’s where you build wealth.

And you start with—let’s start with what you have, where you are. And that’s how I was able to leave corporate. I had—I don’t remember the number now—but I had a set amount each month that I could afford. And I put the savings into the market, and then I checked it, you know, ten years later and I quit my job the first time.

So it’s so important. You don’t need to start with thousands, but you want to start. And I know you have perspective on that as well.

Trading via a Prop firm.

Andrew Mitchem
Yeah, it’s the same thing. It’s like, you know, I mentioned earlier, I think it’s important to learn the how to do something. Because in the forex market, you could trade your own money, you potentially could trade someone else’s. But we have prop firms as well. And prop firms allow you to trade other people’s money once you’ve proven that you can do it within drawdown criteria for profit share.

And so that’s been around for maybe five years—tops, really. There’s been quite a lot more companies in the last few years. And a lot of my clients do end up trading through prop firms because, like you said, people go, “Love what you do, want to do it, but I don’t have enough money.”

And it’s like, you can either—like you said—put a small amount in and learn how to do it, or you could go through to a prop firm and work on a profit share. And I think that’s been a real game changer for a lot of our clients as well because you don’t need to have, you know, $100,000 yourself.

And even if you had $100,000, you might want to still trade the prop firm money and, you know, a lot less of your own.

Knowing that you have the knowledge to trade for yourself.

Andrew Mitchem
So there’s options out there for people. One of the other things I think is so important—and again, it comes back to that mental aspect—it’s having that comfort and that knowledge that you can do this for yourself.

You know, through learning through you or learning through us. And I think that’s something that is massive. I love that knowledge and that comfort—that almost feel-good of “I don’t have to go and hand my funds over to someone I’m never going to meet or know or know what they’re doing with my money.” I have complete control.

I have the knowledge up here of doing what I want, when I want, and how much I risk or not. You know, that whole control—self-control—I think is massive. You can’t underestimate how important that is.

Diana Perkins, CPA
I completely agree. So, especially during Covid—if we go back five years—there was, you know, all over the news, cases about the democratization of trading and the markets. And a lot of folks during that time—right—maybe they lost their jobs or wanted to start something new, or now they’re home. So they go, “What do I do with my time?” And there were so many new entrants to trading as retail traders. Yeah.

And so it’s more accessible than ever before. And one of the things that I’ve learned since starting my business—I’ve actually met a lot of wealth managers, advisors who are picking my brains, and they’ve told me a lot of the younger generation don’t trust advisors, I guess. And so they want to learn themselves.

And so we’ve talked about partnerships, and I’ll sometimes say, you know, it’s empowering—just that education, learning how to do it yourself. You know, when you’re older—tax strategy, retirement strategy, estate—you know, all of that. Maybe you pivot—or maybe you don’t.

But just having—just like you said—just having that knowledge and debunking the myth that trading and the financial markets are just for Wall Street. I don’t see, you know—there’s no Wall Street there for Main Street to open a brokerage account in 20 minutes, start with $10, you know, invest in an index fund, or learn, you know, currency trading through an established program and a system that you can plug into.

And that’s how I—I worked for that firm, the nine-month program, met the partners in Vegas, and then I started working internally and coaching and mentoring their traders. And you just—you have to empower yourself that way, even if nothing else—just the terminology and understanding how it works. Because money is so central to our everyday lives.

Andrew Mitchem
Whether we like it or not. It is.

Diana Perkins, CPA
Yes. Yeah.

Contact Diana

Andrew Mitchem
I have no choice in that one. Diana, how would someone contact you? What’s the best way of getting in touch with you?

Diana Perkins, CPA
I can be reached through my website—it’s tradingwithdiana.com. You can schedule a free call, sign up for my free newsletter, and go from there.

Andrew Mitchem
Awesome. It’s been so enjoyable chatting with you, and I think that we’ve got so many similarities with what we do and why we do it as well. I think that it’s the why we help and teach as well that’s really important. But thank you so much for your time. I’ll put links here to your website as well, and people can contact you. Thank you very much for your time today, and we’ll keep in touch.

Diana Perkins, CPA
Sounds great. Thank you so much for having me on.

Andrew Mitchem
Awesome. Thank you.

Episode Title: #608: Build Confidence & Consistency in Trading with Diana Perkins & Forex Coach Andrew Mitchem

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Trade Bitcoin Like a Pro

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#607: Trade Bitcoin Like a Pro

In this video:
00:26 – Do you want to know how to trade Cryptos? 
00:45 – I want to buy Bitcoin.
01:50 – What’s your local exchange rate against the USD?
02:28 – Trade Crypto using my proven FX strategy.
02:55 – Wait for a pullback first.
03:22 – Trade only the bullish patterns.
03:49 – Trade a different crypto that is a better buy.
04:54 – Check out my new 30 minutes Masterclass. 
05:18 – Book a call to talk with us.
05:22 – Blueberry Markets as a Forex Broker.
05:48 – Like, Share and Subscribe

Today, I wanted to share with you how you can invest in the crypto market wisely, using a proven trading strategy. So let’s talk about that and more. Right now.

Hey there, Forex Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video on podcast number 607.

Do you want to know how to trade Cryptos? 

So today we’re actually not talking about forex. We’re going to be talking about cryptos. You see this so many people out there jumping on the bandwagon of buying cryptos. And unfortunately most people don’t really know what they’re doing. The trouble is that just buying cryptos or coins because of that whole FOMO, the fear of missing out.

I want to buy Bitcoin.

And a classic example of that is just a few weeks ago, I was talking to a friend of mine and she said, look, Andrew, I’ve gone and bought some Bitcoin. I said, fantastic, but why did you buy a Bitcoin when it was an almost like it’s an all time high. So far it was up close to $124,000 USD.

And you know that so far has been the highest it’s ever got to. And she said oh well, I’ve just got some money through the sale of a property and I thought I’d buy some bitcoin. You know, I don’t want to miss out and I think it’s going to go higher and higher. I said, well, okay, look if you’re willing to hold it for, you know, months, years, it could still well be an okay decision.

But the here’s the issue that I find with so many people is they are not buying a crypto for a particular reason. They buy Bitcoin because they know Bitcoin. And everybody says it’s going to go to 200,000. And so you’re buying it thinking it’s going to go up. Probably not a great way of doing it. And there’s probably other things you can do to make that decision better.

What’s your local exchange rate against the USD?

Now added on top of this, if you don’t live in the US and you’re buying it in equivalent of another currency, like for me and my friend who is New Zealand dollars right now, the New Zealand US dollar rate is really, really terrible for us because the US is strong and then New Zealand is weak. And therefore if you’re buying an equivalent in US dollars, you’ve got a double whammy.

You’ve got the let’s say Bitcoin that almost an all time high. And you’ve got the NZD/USD rate at very low rate. So you’re getting smashed on both sides. It’s costing you a lot of money in your local currency to go and buy already a high value product such as Bitcoin.

Trade Crypto using my proven FX strategy.

Now take this back to how we trade and how we can help you. There’s a few things you can do because we trade cryptos using my proven forex strategy in exactly the same way as we would trade, let’s say the EUR/USD. And what we’re using is technical analysis. And you can apply some very simple basic. Once you know what you’re doing technical analysis to make your crypto decisions better. So let’s stick with our example of buying Bitcoin.

Wait for a pullback first.

Instead of just randomly buying Bitcoin at today’s price. You could instead use some good technical knowledge and wait for a pullback and then a bullish opportunity to go long again and buy it at a lower and better price. Wouldn’t that be a simple and good idea? Why would you not want to buy something at a lower and better price than it is like today, when it potentially could be quite high?

Trade only the bullish patterns.

So you could do that if your long term perspective is Bitcoin is going to be heading up and you see that on longer term charts such as like let’s say monthly charts. You just simply wait for pullbacks and then you could potentially buy again or the other thing you can do is it heads up towards these all time highs or breaks them and starts pulling back.

What’s to say you couldn’t just sell some and wait for it to pull back some profit on those moves, wait for it to pull back and then look for bullish action and then buy again. So that’s bitcoin covered.

Trade a different crypto that is a better buy.

And of course the other thing you could do is avoid Bitcoin altogether. Why don’t you use your skills and your technical knowledge and your chart skills to look at other cryptos, other coins that may be at historical lows and they’ve pulled back from some highs and they’re a great oversold, chart.

And there’s a great opportunity to see them reverse again. And you could be like buying them in the sense, let’s say instead of the hundreds of thousands of dollars like you would with Bitcoin. So don’t just stick to Bitcoin or Ethereum because they’re the ones that everybody knows. Why don’t you look at something that’s pull back. And it might be as an example $0.10 and its historical price is a dollar.

Well if it’s at $0.10 and it rises to $0.20, well, haven’t you done quite well out of that. You know, and you could do these, look at these other charts. You don’t just have to stick to the main ones. And so I would use a combination of those skills. And the beauty is of what we do, it can be traded on any market.

Of course cryptos as we just mentioned and of course forex. But other markets as well. So if you’d like to find out how we do this and how we can help you to invest in cryptos if that’s what you want to do, but with a little bit more skill and probability behind you, rather than just randomly buying something.

Check out my new 30 minutes Masterclass. 

So have a look at my new 30 minute on demand masterclass to set 30 minutes aside. Jump onto it. Watch it, and you’re going to learn a lot about how we trade, including on the cryptos, and how you can do exactly the same.

Book a call to talk with us.

If you’d like to book a call with the team or myself, there’s a link here as well.

Blueberry Markets as a Forex Broker.

And if you’re out there looking for a really good broker to trade the cryptos on, and forex and metals and commodities and indices, I’ll put a link here to Blueberry Markets. Select the MT5 trading platform, and you’ll have a huge array of cryptos available for you to trade as well. And you can use their charts, of course, to make your trading decisions. And to look for those pullbacks or those oversold, cryptos that we’ve just talked about. So I’ll put a link to Blueberry Markets here.

Like, Share and Subscribe

And any questions you have please send me an email Andrew@TheForexTradingCoach.com or leave a comment if you’re watching. And I’ll see you this time next week. Bye for now.

Episode Title: #607: Trade Bitcoin Like a Pro

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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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Independent Wealth: Trading for True Freedom

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Click Here To Learn How to Gain 1% Daily

#606: Independent Wealth: Trading for True Freedom

In this video:
00:27 – Independence is awesome. 
01:02 – Monetary independence.
02:17 – The good old banking days have gone.
03:00 – Do you fit the narrative?
04:01 – Self-reliance through trading.
05:32 – Brand New Forex Masterclass.
06:15 – New course pricing structure available.
06:57 – Blueberry Markets as a Forex Broker.
07:22 – Like, Share and Subscribe

I’m going to talk today about becoming your own bank and how, through becoming a good trader, you can achieve this for yourself. Let’s get into that more right now.

Hey there, Traders! This is Andrew Mitchem here at The Forex Trading Coach with video and podcast number 606.

Independence is awesome. 

Today I want to talk about being independent. I choose to become independent with the way that I live. We grow the vast majority of our own food. We have access to our own meat. We catch our own fish. I’ve got beehives for our own honey, and we like to grow and produce as much food at home as we can because it allows us to be independent.

And alongside that, you’ve got all the obvious health benefits. So that’s a personal choice.

Monetary independence.

Now, when it comes to money, I also personally choose to become as independent as I can. Just last week I was interested in purchasing a rural property with my wife, and I thought, well, let’s go and ask the bank to see if they would help finance it because, you know, money’s relatively cheap.

And if you can get finance at, sort of, 5%, let’s say, and you’re making, let’s say, 5% in a month through your trading, well, you’re better off borrowing from the bank. So we approached the bank to see if they would help us for this property.

I was amazed that one of the first questions I got asked was about my age and my retirement plans. Now, I had zero retirement plans or anything. I’m 52 years old. And it just struck a chord with me. It’s like, wow, these banks, you know, they go through these processes of ticking boxes. Whether it’s AI-induced, I’m not sure.

The good old banking days have gone.

But rather than the good old days when you used to go to a bank manager, they’d go, “Hey, Andrew, what do you need the money for? Oh, I think you can do that. We’ll back you. That’ll work.”

In simplified terms, that’s how it used to be. Today it’s no longer like that. And I just found it really off-putting that the bank’s more interested in my age and my retirement plans—of which I had zero—because I love doing what I’m doing.

I’m only 52. Yet whether the property was a good property or not, how much cash we were going to inject in it, or what the property was going to make as a rental or anything like that didn’t seem to matter.

Do you fit the narrative?

It just basically gave me that reminder of: hey, do you really want to be in the way that things should be done these days? Because it seemed to me that if you don’t fit the narrative and you don’t fit the model, then they’re not so much interested in you. And it again came back to my trading. It’s like: become your own bank.

So if you’re slightly more mature and older, in the 50s and beyond like I am, then you may also find that if you need borrowing for any investment property—or whatever you need it for—things today are a little bit tougher than what they used to be.

If you’re watching this and you’re young, then obviously you’ve got time and experience to come, but you’ve got time on your side. So whichever you are—whether you’re older and heading toward retirement, or not even thinking of retirement, or you’re in your 20s—this applies to everybody.

Self-reliance through trading.

Why don’t you, instead of relying on the way that we’re told we should do things, think differently? Like we do with our food and with our finances—creating your own bank yourself through your trading.

If you know what you’re doing, you can do that through the quality of your trading. But not only that—if you can make consistent gains through your trading on your own account, then of course you’ve got options these days.

You’ve got prop firms. You don’t just need one prop firm account—you can have multiple. You could sell trading signals. You could potentially, depending on legalities, trade for other people. There are multiple ways in which you can put your trading skills to good use. And over time, with compounding, you can become your own self-funding bank. I think that should appeal to many people.

Like I said, if you’re older, you’re going to find the traditional banks maybe a little bit harder to get funds from. If you’re younger, use your youth, your time, and your likely computer skills to give yourself time to learn how to do this properly so that you can, over time, compound and build wealth for yourself—so you don’t have to fit into the norm and the narrative that there seems to be these days.

Brand New Forex Masterclass.

The other thing I’d like you to have a look at is just this week we’ve launched two things. One is our new 30-minute masterclass. Have a look at it. There’s lots of information about how you can trade properly, how you can use small amounts of funds and compound over time to become your own bank. Or, if you want to go down the prop firm track, then there are various options there.

So have a look at our new masterclass. It’s on demand. It’s about 30 minutes long. Set aside 30 minutes. Turn off your phone and everything else, and just sit and watch it. You’re going to get a massive amount of benefit from it. I’ll put a link here for that.

New course pricing structure available.

Also, if you watch that webinar, you will see that we’ve just launched a new pricing structure. The course fee at The Forex Trading Coach has always been a one-off fee, and it’s been like that for over 16 years. But we’ve just changed that to try and help more people come on board with a lower entry fee and then an optional monthly subscription going forward.

I hope that helps a lot of you out there, because I know that funds—whether it’s borrowing like we’ve tried to do, or just cost of living in general—can be tight. So have a look at that masterclass, go through it, and you’ll see the new pricing structure. You’ll gain lots of information from that masterclass itself.

Blueberry Markets as a Forex Broker.

If you’re out there looking for a really good broker, I’ll put a link here to Blueberry Markets. I can highly recommend them. I use them every day. The MT5 platform that they have has a vast number of forex markets plus other non-forex markets like metals, indices, cryptos, commodities, etc. And not only that, they’re a great bunch of people to deal with. So I’ll put a link to Blueberry Markets here as well.

Like, Share and Subscribe

If you’re watching this video on something like YouTube, please don’t forget to like, subscribe, and share so you get notification of future videos. And if you’d like me to discuss any trading topics—or in general, life topics like today—just shoot me an email at Andrew@TheForexTradingCoach.com

 or leave a comment down below.

Thanks again. I’ll see you this time next week. Bye for now.

Episode Title: #606: Independent Wealth: Trading for True Freedom

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 Learn How to Gain 1% Daily

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The Secret to Better Forex Entries Revealed

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#605: The Secret to Better Forex Entries Revealed

In this video:
00:28 – Avoid using a market order.
01:24 – Learn what a pending order is.
01:58 – You can enter the position and let the market work.
02:48 – Buying at a better price.
03:24 – Helps reduce emotions.
03:39 – NEW Masterclass.
03:52 – New course pricing structure available.
04:15 – Book a call with us.
04:23 – Blueberry Markets as a Forex Broker.
04:43 – Like, share and subscribe.

Today, I want to talk about why I believe that in most cases, entering a market order as a trader is not a great idea. So let’s discuss that topic and more right now.

Hey there, Traders! it’s Andrew Mitchem here, the owner of The Forex Trading Coach with video and podcast number 605.

Avoid using a market order.

And you heard that right. I believe that using a market order for most of your trades is not a great idea. And there’s many reasons for that. One of the reasons, I think, that you should never really enter a market order is because what does the price right now mean?

What does it signify? Most people find that they enter a trade because they happen to be at their computer, and they happen to see a set up, and therefore they just enter straight away using a market order. And the issue I have with that is very rarely do people find that that price has any significance. It probably doesn’t have any price level.

It may not broken through any barriers. And so by entering the market for most people, most of the time it means they’re entering right now because I’m at the computer, I think there’s a trade. I’m going to enter a trade, buy or sell.

Learn what a pending order is.

What I find, though, is that a lot of people do not understand pending orders particularly well. Most people, don’t use them, and a lot of people don’t even know they exist. So you can have what’s called a buy or sell stop or a buy or sell limit.

Now, I am a massive fan of using limit orders, so a buy limit means that you are buying below the current price and the sell limit means you’re taking a sell position if the price goes higher than where it currently is right now.

You can enter the position and let the market work.

The beauty of those trades is it means you do not have to be there when the price gets hit. And when you think about it, if you’re taking a buy trade and the price is at a certain level, and you’re saying, I want to enter this buy trade, but if the price drops first, you getting in at a far better price.

It means that for the when the price takes off and you anticipate it direction back up again, it means that that movement between where the market may be at the when you saw the trade and you’ll buy limit order or the market needs to do is get back to the same market order original price and you’re already into some profit and beyond.

So therefore, what it means is your reward to risk becomes massively greater as well. You could simplify it and think of it this way.

Buying at a better price.

You’re going into a shop and buying something at $100. I could go into that shop and say that when you drop that price later today to $80, I want to buy it. And it’s a very similar thing to that.

So if the shop doesn’t drop its $80, you miss out on the trade. But if they bring that price back to $80 or $75, or you’ve bought the item, you know you get in at a better price and you bought the item at a lower price, then entering straight away in that example at $100.

Helps reduce emotions.

And so that is where you can use limit orders. It takes away the emotion of your trading because you’re not like in the market scrambling now, trying to get your position size and your stop loss and your profit targeting. You can into your buy limit or sell limit and just walk away and let the market do its thing.

NEW Masterclass.

Now, if you’d like to find out about how we do that and why we, heavily promote using limit orders, what I suggest you do is jump on to my short on demand masterclass. You’ll find a link to that here. If you’re interested in coming on board with us and joining us at the Forex Trading Coach, you may have seen recently that we changed the pricing structure. It’s on a bit of a trial basis right now, but if you want to jump in at a massively reduced price, I’ll put a link to the Google Drive document where you’ll see a new lower, entry price and then a small ongoing monthly fee. So how they’ll look out for that?

Book a call with us.

If you’d like to discuss your trading or how we can help you, I’ll put a link that you can call, make it time to book and call myself one of the team.

Blueberry Markets as a Forex Broker.

And if you are looking for a really good forex broker where you can also trade cryptos, metals, commodities, indices, etc.. Have a look at Blueberry Markets and they offer the MT4 and the MT5 trading platform. I’ve been with them personally for many years and I find them excellent. So I’ll put a link to Blueberry Markets as well.

Like, share and subscribe.

If you’re watching on YouTube, don’t forget that. Don’t forget to like and share and subscribe. And if you have any topics you’d like me to discuss on future videos and podcasts, just like this one, send me an email Andrew@TheForexTradingCoach.com or comment below.

I’ll see you this time next week. Bye for now.

Episode Title: #605: The Secret to Better Forex Entries Revealed

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 Learn How to Gain 1% Daily

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Why Your Last Trade Doesn’t Matter—Long Term Results Do

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Click Here To Learn How to Gain 1% Daily

#604: Why Your Last Trade Doesn’t Matter—Long Term Results Do

In this video:
00:33 – Trading is just like any other investment.
01:25 – Control your emotions.
02:00 – Become successful in the long run.
03:00 – Chasing the shiny object problem.
03:28 – Our strategy has long term proof.
05:20 – Keep your risk per trade low.
06:14 – High reward:risk trades.
06:44 – Get on my Forex Masterclass.
06:56 – Book a call to speak with us.
07:01 – Blueberry Markets as a Forex Broker.

Today, I’m going to talk about why you should focus on your long term results, rather than worrying about short term individual trades. It’s going to massively help you to become a successful trader in the long run. Let’s talk about that a more right now.

Hey there, Traders! It’s Andrew Mitchem here at The Forex Trading Coach with video on podcast number 604.

Trading is just like any other investment.

Today I want to talk about why I believe you should focus on your long term results. You see, trading is like any other investment. You’ve got to look at it as a bigger picture. And I find that far too many people get really caught up on, say, the last trade or the last few trades or even the last week’s trades.

And it creates a danger because, you know, in trading you could have a few lucky trades. You know, you could put some on that. Maybe not particularly. Exactly as your strategy suggests. But you get lucky and they end up winning. And you might have things like seasonal, time adjustments, time of the year when, you know, markets are a little bit flat or really, really good. And you’ve got to allow for all these things.

Control your emotions.

Because to me, there’s two things you have to control in your trading. Once your heart and the other in your head, those emotions are vital that you can control them properly. And the danger is, if you’re focusing on your last few trades, you can get massive buzzes and massive highs.

If you’ve like, done really well and had a few successful trades. Likewise, if you had a couple of losses in a row and things just don’t seem to be working out, you can get some real so lows and you’re thinking, oh, is this just all doom and gloom and not working? And that is where I see the issue.

Become successful in the long run.

You see any good trader with good trading skills and a good sound strategy and knowledge will be successful in the long run. And that’s where your focus needs to be. Because, you know, no investment is a straight line. Not every day are you going to make money as a trader? Not every week, sometimes. Not every month. And that’s part of the overall, you know, part of trading that you have to understand.

And that’s where the danger of focusing real short term, can create so many issues. And that’s why I find that so. And look, I used to do this myself years and years ago. I don’t know, luckily, because I worked out what works for me. But years ago, I used to chop and change systems. I used to, add this indicator used to over optimize this, buy this bit of software, automate this, you know strategy, buy the next book, whatever it was, you know, you going on, you know, forum sites and finding the latest, greatest idea. And of course, none of them work.

Chasing the shiny object problem.

And so that becomes the, the chasing, the shiny object, problem that so many people have. And that’s because they’re focusing on, well, one, they probably don’t have a good strategy and really know what they’re doing themselves, but also they’re focusing like what’s happening right now. Is this a couple of losing trades in a row?

Oh, get rid of that system. It’s terrible. It doesn’t work. On to the next thing. And I suppose that’s where we’re fortunate because.

Our strategy has long term proof.

Ever since I started coaching over 16 years ago, the strategy remains exactly the same. It’s because it’s based on good sound, technical analysis. And, you know, it works on all markets, all currency pairs, all timeframe charts.

And now other markets like the cryptos and indices, commodities, etc. on top. And so that is why we focus on that long term consistency. Because, you know, you wouldn’t go and buy an investment property and then you pay whatever you pay for it. Let’s say $500,000 and you’re going, oh my goodness, I’ve just had it valued.

And like the week after, it’s like 490 and 470, then 520, you know, you can’t, be an investor if that’s your kind of longer term goal. And be worried about the price of that property every week or every month. If you’re a longer term, you know, aim is to hold it and then gain from it and, and trading’s kind of the same.

You know, you’ve got to remove the emotions as best you can from your trading and look at your consistency over time when you iron out things like seasonal changes and political events and different things like that that happen that can make some currencies go completely flat and other currencies go wild, and you’ve got to like take the rough and the smooth and, and on your trading and be consistent over a longer, time period.

And that’s the focus, I think, here that most people unfortunately don’t get and, and I suppose in all fairness, that comes from time and knowledge and experience and confidence in your strategy and saying it work consistently as well. And, you know, we’re fortunate that we have that in our trading.

Keep your risk per trade low.

And, you know, I think another thing that I talk about all the time that’s going to massively help you, when it comes to emotions, is making sure that every trade that you take has the same risk percentage of your account.

It doesn’t matter what the time frame, what the direction, how big the stop loss is, how big the profit target is, how long it’s in the market for. If you have low and controlled and known risk on every single trade that you take, but also at the same time, your profits are two, three, four times your risk, which between that to enforce where I’m like 90% of my trade should fall into personally and the way that we trade and teach with profit targets, etc. and if you have that, then that is part of the key to success having low controlled risk, which controls emotions. So you’re not worried if you have a few losing trades. You know that overall your strategies you sound.

High reward:risk trades.

Your profitability trades are several times your risk. So if you do have, let’s say, an average of, a 3 to 1 reward to risk ratio, if you’ve lost two trades and then one out of 3 to 1 on the other trade, then you’re back up to where you started. But you’ve got a 66% winning. So losing, right. Just on those three trades. So reward to risk is massively important. Low controlled risk is also important.

Get on my Forex Masterclass.

If you’d like to find out more about how we do this and how we can help you, I’ll put a link here to my short, 17 minute demand masterclass, where you can find out more about how we trade and teaching can help you.

Book a call to speak with us.

If you’d like to book a call to talk to myself or one of the team. I put a link here as well for that.

And if you’re out there looking for a very good, high quality broker, I can highly recommend Blueberry Markets. They offer the MT4 and especially the MT5 platform, which has so many more markets on it, forex and non forex.

Blueberry Markets as a Forex Broker.

And I can highly recommend you consider having a look at blueberry markets. If you’re out there looking for a good broker and a good trusted broker to put your funds with.

And anything else that you need, please send me an email Andrew@TheForexTradingCoach.com and I’ll be glad to make a weekly video on podcasts like this on any topic that you need help with.

So once again, this is Andrew here at The Forex Trading Coach. I see you this time next week. Happy trading. Bye for now.

Episode Title: #604: Why Your Last Trade Doesn’t Matter—Long Term Results Do

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