The Power of a Good Trading Community
#375: The Power of a Good Trading Community
In this video:
00:27 – Amazing trading results and the power of a good trading community
01:27 – Trading can be a lonely business
02:13 – You get to associate with like-minded people
03:34 – Trades posted daily to help follow, learn and earn
04:41 – The power of our Forum site and how it helps our traders
05:27 – Being part of our community, trading family and support
I want to talk to you about the power of a fantastic trading community and how it can massively help you as a Forex trader. So let’s get into that and more right now.
Hey traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number 375.
Amazing trading results and the power of a good trading community
Now we have had some incredibly good results this week. And I’ll talk about that more shortly, but I want to talk about the power of a good trading community and how important that can be to your trading success. You see, from time to time, I get people saying to me, “Hey Andrew, I can learn everything that you teach in your trading strategy on YouTube, or I can learn it from a book or anything like that.” And it’s like, well, good luck to you, off you go then, because you cannot. The simple fact is you cannot do that.
You have to be, if you want to be a good trader, the thing that’s going to help you along the line, because of course you can have strategy and software and everything that we provide. And it’s really, really, really good, amazingly good. We’ve been doing this for 11 years now as coaches, but what makes it even better is the community that we have. And I think that’s the bit that’s highly underestimated by a lot of people.
Trading can be a lonely business
You see trading’s a lonely business. You’re generally sitting at home on your laptop, on your desktop, most other people don’t know what it is you’re doing. You’re generally sitting there doing something with not a lot of support, not a lot of help. Like the traditional online forums are just terrible, they just are. I’ve never, ever found a good one. They all start off with great intentions, but they’re just awful.
But what we’ve built up over the 11 years from thousands of coaching clients from currently 88 countries all around the world, it’s something very, very special and it’s not to be underestimated the importance and the power of that family, of that community, of that spirit, that like-minded group of people all with that common goal of helping each other and to becoming a better trader.
You get to associate with like-minded people
Now from a personal point of view, when I go to business events, which I do from time to time, not that often, but from time to time I go to them. The reason I go to them is not only to learn something, but more importantly, it’s the people that I meet there. And it’s the unexpected bump into someone, start talking, you know somebody who knows someone else or they may be in a completely different business to you and you start talking to them and you find some sort of common goal correlation together.
And to me, it’s surrounding myself with really good, decent people who are like minded people. And that’s what I get out of those events, the energy that you get from that, just decent people. We all know there’s a lot of, without putting it bluntly, people out there that just don’t have the entrepreneur spirit, they just don’t have the will to want to better themselves. All those types of things. We know that society has that unfortunately, and it always has always will do. But we also know that if we surround ourselves with good people and people with the same interest in us, whether it be a sport, music, trading, whatever it might be, you grow as a person from that. And that’s what we have with the Forex Trading Coach community.
Trades posted daily to help follow, learn and earn
Now on a daily basis, we post our daily trades of course, and we also post about different trades that we see taking and setting up on other timeframe charts.
Now the daily charts this week have been fantastic, great, great results. But what that gives you is the ability to see in real time what we’re taking and why. We then, on a weekly basis, hold a live two hour webinar, one in the European session and then the next week in the US session. So European, US continually go around like that week after week, I held the European session last night, my time. And again, lots of people on there. Great, great chat, great interaction. I took a trade live, it hit the full profit target within about half an hour on a one hour chart, Canadian Frank sell trade bouncing off of 70, took the trade. Other people could take the trade, make money, learn, we talk, we chat, we discuss other trades, we discuss live trades, trades that were taken previously over the last week.
That in itself is invaluable. Can ask us questions in real time. See us trading in real time, not economist star with the benefit of hindsight, in real time. Very, very important.
The power of our Forum site and how it helps our traders
And then our forum site. Now, as I said, most forum sites on there, just general forum sites online are rubbish. They’re terrible, they’re awful, they’re dominated by a few people who think they know everything and it just ends up in a mess. It always does. Our forum site is very, very different. We all have the same goal, we all talk about only the one strategy. We’re all there together, everybody helps each other, there’s nobody dominating, it doesn’t matter whether you’d been on the forum site for years or whether you’re there for the first week. It doesn’t matter. Great group of people on there on the chat area, communicating about trade setting up, posting screenshots, taking trades. And again, this week we have had some phenomenal trades taken and posted in real time on our forum site.
Being part of our community, trading family and support
So not only do you have the ability to earn from being a part of the Forex Trading Coach Group and community, but also you had that family, the community support that is just so invaluable, and you really will not find that by watching a video somewhere online. So what I’m going to do is I’m going to put a link below this video and podcast to allow you to find out more information regarding our five star rated Forex Trading Coach Course, five star rated on Forex Peace Army for the last 11 years. Not too many people can say that. If you’d like to take your trading to that next level. By being part of our community. Then, click on the link and find out more details.
So once again, this Andrew Mitchem here The Forex Trading Coach. Have a great weekend. I see you next time, next week. Bye for now.
Episode Title: #375: The Power of a Good Trading Community