Forex Trading for Beginners: 4 Professional Traders, 1 Year Ending Q&A Session | Forex
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Evaluate your trading by taking our FREE Trader Assessment http://goo.gl/CF21Aj ---------------------------------------------------------------------------------------------------------------------- FOREX TRADING: A year ending live Q&A session featuring 4 Full-Time Traders & Trading Coaches from Trade Empowered After a lot of editing I was able to pick out what I felt were the best discussions had and share them with you in a condensed format. For a list of the topics discussed simply look below. ----------------------------------------------------------------------------------------------------------------------- “Stop the Bleeding” and Take Our Free Trader Assessment http://goo.gl/CF21Aj My Live Trading Room http://goo.gl/CvLS6t The Syndicate Program http://goo.gl/60Mjmh More Free Training Videos click here http://goo.gl/fuQfzu Interested in my Training Course? Email Charles@Tradeempowered.com -------------------------------------------------------------------------------------------------------------------------- 2:25 - What was the highlight of 2015? 5:09 – How long would it take me to become a full-time trader? 7:43 – What tools are best for performing technical analysis? 8:30 – Should I trade live during backtesting? 9:42 – How come I can do well in demo but not live? 12:20 – Can I work full-time and still trade? 18:37 – How do you deal with the loneliness of trading? 27:18 – How do you mentally deal with drawdowns? 22:53 – What advice would you give to a trader who moves their stop/loss? 31:13 – 3 recommended trading books 34:31 – 2015 Syndicate Program Trading Results/Power of Money management 39:25 – What do you think about Elliot waves? 40:48 – Did you have any formal education on trading? 46:00 – Charles Miles Presentation on How to achieve Success in 2016 1:07.40 – Does the interest rate hike mean that dollar strength will continue? 1:10.10 – What are you doing to prepare for 2016? 1:12.25 – Why should I have to spend money to be good at trading? 1:17.44 – How do distinguish between good and bad trades? -------------------------------------------------------------------------------------------------------------------------- Hip Hop Christmas by Twin Musicom is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://www.twinmusicom.org/
Comments
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Akil, I've been training and following you for 14 months now. To keep a long story short, I've come a long way... and although scary, I love where I'm going. Thanks for the positivity from the Trade Empowered team, and your inspiration.
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man there are so many facts in this video that I feel identified with... its true... whenever I talk to my "Trading friends" I told them my trading plan for the future ( I'm gonna make my account grow for 4 years minimun ) and then I'm gonna live from it... they usually tell me "4 years that is way to much.. you can do it in a couple of months -_-u" and that is not TRUE AT ALL.... if you think about trading as a business, I've been involved in a couple of Starting business ( family ) we spend around 3 to 5 years before we could see a penny of real profit... (most of the time it was a breakeven just to pay for the expenses) but consistent good management and love for the work slowly but steady begins to grow... the key was always being consistant and ALWAYS try to not make a mistake... ( becoz a single mistake in 1 day could ruin the 1 week of work, even a month) sadly we learned that the hard way... if someone would offered the information we learned in the hardway just by paying ( investing ) we could make it grow 3 times faster even more...
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and by the way, for me the best way to deal with a drawdown, is to ALWAYS keep my backtest's equity curve open... there is nothing to worry about, if I keep trading like a robot I will be able to match those results at some point. :)
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you are soo right about that statement "you can do money in whatever you want" while I was living in Japan there was a peruvian guy who became Millionaire recycling garbage... as a peruvian myself that was a wake up call... the guy started the business in the middle of the crisis ( walking with his bag, he had no job, and couldn't even afford the one room apartment he was living in ) then he bought a litle trycicle then a little truck now he has his own recycling plant
That guy would probably be a great trader... a very focused person... -
i have one the best course private , is very very useful i earn with this course over than 200% in month
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I like this.I like this.
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I like this.I like this.
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Finally, someone who is honest about forex and not trying to sell me something! Love the video.
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I'm so reassured that you recognize where your blessings come from and yes you are blessed.
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Also Akil so you might know me in the future I'm a fellow west Indian from the island from Trinidad and Tobago. I generally matey quite since you'll are so much more advanced that I am. I'm slowly allocating myself into this feel for the independence. I'm in the nursing field and often get disappointed by the being rejected when I want to take that time off from work and can't. I'm locked into being tied down.
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I've been quite all this time Akil. Your videos are on point. You and Jason keep it real with us and that's what sets the 2 of you apart. Congratulations on the success at Trade Empowerment. I'm praying to some day a lot of your skills grows on me. My husband is also learning and more of a driven trader and does the work entailed. Akil you shared what you value and aspire for and those are our dreams also. I frequently send whatever videos I view with my husband about the psychology and back testing. The psychological aspects of trading are very much appreciated. Can't feel along ,we have you.He hasn't seen that success as yet but we feel that it's eventually. Yes family time and vacations,free time is VERY VALUABLE. My husband is an independent contractor and works from home. I love your Rants and telling other people who doesn't care for it to leave. I love it Akil. Thank you for giving back also,thank you Jason Stapleton also.Akil love the music and humor keep up the FANTASTIC work.
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Love your life philosophy brother! It's what drew me in to your advice. I too seek to trade not for money's sake but, time's. Keep kicking those haters to the curb and repeat yourself 100X if need be! We need to hear it more than ever these days. Life is NOTHING but, a collection of experiences and the possession of money is but one of them. Thanks for being a part of our journey friend and even more so making us a part of yours.
"Well, there is only one piece of advice I can give you.” said the wisest of wise men. “The secret of happiness is to see all the marvels of the world, and never to forget the drops of oil on the spoon”
– The Alchemist by Paulo Coelho -
Thanx Akil and the rest of the trade empowered team for effort you put toward empowering traders...Great Video
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hi can you suggest broker for outside U.S residents?
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great video, lots of insights. Thank you!
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Thanks Akil for uploading the video! The times in the description was especially useful. Cheers and happy holidays
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I'm sorry guys, I just can't believe how you are banging on about trading, making out like its some complicated voodoo thing one must come to your room to learn. Trading is simple, it's something a new person can just go pick up themselves, they dont have to pay you guys a load of their trading money for your voodoo methods. And one more thing, you bang on about 3% a month or maybe 5% if your really good. That's just bollox. You should be able to make 100-150% per annum easily at low risk. Beginners should not be going near Forex, they should be learning on more safe markets like indices. A good trader can trade forex and he should be able to make 50% a month on forex. Akil you want to through out anyone who doesn't agree with you, but that doesn't mean you are right. Maybe you could learn something man. Did you think of that? I think you are stuck because of your ego. Sorry I know you don't want to hear it, but I wouldn't be helping if I didn't tell you.
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when is your birthday Akil? Bet you don't tell me!
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Wow Akil this must have been super intensive for you to do and I really appreciate it. I've been out of town for most of the month and have just gotten back. I hope your Christmas was awesome and wish you another great year in 2016!
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really nice touch with the times on the questions; haven't seen it before; great work Akil!