Podcast:

Play

It’s Your Trading Results that Count

In this video:
00:23 – We trade to achieve results
01:22 – Why do so few make money from trading
02:02 – We have a very high percentage of successful traders at TFTC
02:54 – 2 recent clients results
05:00 – How you can also achieve results like this

As a trader, it’s the results that really count. Let’s talk about that and more right now.

Hey traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number 351.

We trade to achieve results

So, why do we trade? Well, ultimately we’re all after results, aren’t we? That’s why we do it. That’s why you learn something. That’s why we’re learning how to trade. It’s why we’re taking trades. We’re sitting at the computer. We are educating ourselves, all for the end goal of making money and being able to trade and to get results. And that’s really what counts. Unfortunately for most people, they don’t get to achieve the results that they want. And the vast majority of people, if you believe the stats out there, lose money when they trade Forex. There’s a whole group of people that might make a little bit, or lose a little bit, and get basically going round in circles, getting nowhere. And then there’s the few, the elite people who, and I mean the elite, as in just a very small number. Not elite as in particularly any fantastic as a person better, but just the ability to trade well. And a very small percentage get to that level.

Why do so few make money from trading

And why is that? Well, there’s a lot of reasons. A lot of people, it’s lacking of a strategy and an understanding, and lacking an understanding of risk. Because when you mention someone’s percentage return, or if you want to measure in pips, which I suggest you don’t do, but whether you’re mentioning pips or percentage return, a lot of people get too carried away. And there’s far too many people out there looking at making stupid amounts of gain, or they think they’re going to, or they think they should, but they never understand the risk involved to get there. And it’s really important that you understand that.

We have a very high percentage of successful traders at TFTC

So, here at the Forex Trading Coach, we are very fortunate because we have an incredibly high percentage of successful traders. And it’s not hard to see why. First of all, we’ve got the strategy that works, and the low risk, and the high reward to risk, and the good people teaching, and helping out, and consistency, all those things.

But with our daily trades, you can’t fail to make money because, at the very least, if you just copied what we do every day, you’re going to make money anyway. But on top of that, we’re not just about a copying service, we’re about teaching people to better themselves, teaching people to learn how to trade, a really straightforward, low time consuming, low risk, easy to trade system and strategy. And we’re about teaching people and educating people to do that for themselves as independent traders.

2 recent clients results

Now, I had just yesterday, two people wrote to me. One is called Brian, he lives up in Auckland here in New Zealand. And Brian said to me, Andrew I’ve made in the first month since I’ve been with you, 13.25% trading the daily charts, the 12 hours, and the six hours, and a few four hour charts. 13.25% in his first month.

And Brian said that he’s relatively new to trading, and he’s absolutely ecstatic with those results. And the great thing is being a new trader, he’s come in and look at the system from no knowledge at all. Learned what we’ve got, how we’re doing it, applying it, it’s working. No surprises really there. But it’s great to see it happen in reality. And also received just yesterday, an email from Michael over in Dublin in Ireland. And Michael has been with us for about 13 months. And Michael said, with your system Andrew, I’m averaging over 4% return per month, live trading. Now, as I mentioned earlier, some people will look at that and go, 4%, is that all? How am I going to make money on that? But you think about it this way. Michael, in over 13 months has made 4% average per month. So that’s well over 50%. It’s 48% in a year, by the time you add compounding and things like that, that would be pretty much 50% return in one year.

So, if you’re the sort of person that thinks that rubbish and 50% you should be making that in a week or a month, then you probably are not the right fit for us. But also, you’ve got got to be really careful with the risk that you are assuming you’ll be taking there. You see, with the risk Michael’s taking, it’s around half of 1% per trade. Sometimes it was a quarter, sometimes it’s half of 1%. Very, very low risk trading approach to make steady consistent gains. And that’s what real trading is all about.

How you can also achieve results like this

And if you’d like to know more, what I suggest you to do is have a look on the link that I’ll put on this page next to this video somewhere, all about how we can help you with our proven five star rated Forex Coaching Course. We’ve been running this for nearly 11 years, got traders all around the world, 58 countries at the last count. And it’s consistency, and it’s quality of trading that really makes the difference. So ultimately, like I said at the beginning, it’s the results that counts, and really that’s what we’re doing this for, isn’t it?

So if you’d like to know more, click on one of the links that I’ll put on this page, and we’re here to help you. Thanks again. This is Andrew Mitchem, the Forex Trading Coach. I’ll see you this time next week for more trading tips and information. Bye for now.

 

Click Here to Learn More how we can help you!

Play

Quick Links

FAQs

Contact
About Andrew
About Paul
Testimonials
Privacy
Disclaimer
Cookie Policy

Resources

Free eBook
Free Risk Calculator
Are You New to Trading Forex?
Are You About To Give Up Trading?
30 Minute Forex Trader Update
Online forex video course
One on One Coaching in Person
One on One Coaching – Online
© 2020 The Forex Trading Coach Ltd (NZ FSPR:FSP37396) provides general information and educational courses and materials only. This is not an offer to buy/sell financial products. We do not provide personal advice nor do we consider the needs, objectives or circumstances of any individual. Financial products are complex and all entail risk of loss. Over-the-counter derivative and foreign exchange products are considered speculative because they are highly leveraged and carry risk of loss beyond your initial investment, hence should only be traded with capital you can afford to lose. Please ensure you obtain professional advice to ensure trading or investing in any financial products is suitable for your circumstances, and ensure you obtain, read and understand any applicable offer document.

Latest Podcasts / Videos

#367: Trading in 10-15 minutes a day

Trading in 10-15 minutes a day  Podcast: #367: Trading in 10-15 minutes a day In this video: 00:26 – How much time do you spend watching the charts each day? 01:30 – Waiting for every pip 01:53 – The way we trade 03:12 – Why we trade at 5pm EST, New...

#366: How to manage a run of losing trades

How to manage a run of losing trades  Podcast: #366: How to manage a run of losing trades In this video: 00:25 – Trader struggles with losing trades 01:41 – Your strategy stops working 02:26 – No trading results are ever even 03:13 – Trade a variety of...

#365: How a Client Now Owns His Own Fund Management Company

How a Client Now Owns His Own Fund Management Company  Podcast: #365: How a Client Now Owns His Own Fund Management Company In this video: 00:31 – Email from a client who joined 3 years ago 01:19 – Started hedge funds and investment bank 01:51 – Look...

#364: Which Forex Brokers Do I Use & Suggest?

Which Forex Brokers Do I Use & Suggest?  Podcast: #364: Which Forex Brokers Do I Use & Suggest? In this video: 00:24 – The brokers that I use and suggest 01:03 – What I look for in a broker 02:27 – List of brokers, including US brokers 02:52 –...

#363: Excellent Market Conditions Continue

Excellent Market Conditions Continue  Podcast: #363: Excellent Market Conditions Continue In this video: 00:28 – Week 5 of Coronavirus lockdown 00:49 – Great trading conditions and examples of our trades 01:35 – Live webinar with clients 02:02 – What are...