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How I stopped this trader from blowing his forex trading account…
This is such a common thing for newbie traders to do.
So I thought it would make for a valuable video.
My aim is to get results for traders and help them become consistently profitable. From teaching the skill, right through to helping them fund their account, I will do my best to help them succeed.
One of the first things to do if you are aiming to become a consistently profitable trader is to STOP trading real money if you don’t understand:
1) The story you are in
2) The probability of whats likely to happen
3) Have a trading plan with objective rules
4) Understand Risk Management
5) Treating it as a business
In this video, you watch as I dig into a new traders mindset and question him on his motivations for a trade he took.
VERY interesting response and a very valuable video for any traders in a similar situation.
Please share this with anyone who is dabbling in trading.
DISCLAIMER: I am a professional investor and trader. I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimise risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.