How To Identify A Trend For Trading

How To Identify A Trend For Trading

OFFICIAL WEBSITE: IncomeMentorBox.com

When it comes to trading, whether Forex, stocks, commodities, or anything in between, being able to identify a trend is very important. This is something that we here at the Income Mentor Box Day Trading Academy know all too well. How to identify a trend for day trading is extremely important and valuable. In all fairness, if you cannot identify a trend, you will end up losing a whole lot of trades and wasting a ton of investment capital.

The Income Mentor Box Day Trading Academy is all about turning you into professional and profitable traders. This is why we are here today, to help teach you how to identify a trend. Keep in mind that here we are really only covering the basics and skimming the surface. If you want full length and greatly in depth lessons on trend identification, you will want to join our Income Mentor Box Day Trading Academy.

Income Mentor Box Identify A Trend

What Is A Trend?

Simply put, a trend is the predicted direction of a price of an asset, which can apply to stocks, Forex, indices, commodities, crypto, and any other market asset out there. Being able to identify a trend is therefore a really big deal for trading. It will determine in which direction you trade, and it helps you determine if the price of a certain asset will go down, stay stable, or increase.

As you can probably tell, when it comes to trading, being able to identify a certain trend and in which direction it is going is super important. Here at the Income Mentor Box Day Trading Academy, we have several full length lessons on identifying trends. Our mentor, Andrew, also has several videos up on his YouTube channel related to this subject. In terms of trading Forex and other such assets, it is a great way to analyze prices and it goes a long way in helping you make profitable trades.

How To Identify A Trend – The Market Phases

What you need to know first, before we start talking about the different methods you can use to identify a trend, it is important to know the three directions which a price can move. The 3 market phases are rally (price going up), range (price staying the same), and sell off (price going down).

These are what we would call trends. They are the trends of the price, specifically in their direction. Now that you know what the different price trends are, you need to be able to identify them and recognize when they will change. There are a few different methods you can use to go about this, and they all work pretty well.

Identifying A Trend With A Line Graph

What we here at the Income Mentor Box Day Trading Academy have noticed, is that most people just use candlesticks and bars to observe a chart and identify a trend. However, what many people seem to forget all about is the simple line graph, which can be a very effective tool for this.

Bars and candles do work to provide detailed information about a particular asset, but when it comes to trend identification, is not 100% necessary. When you zoom out to get a wider timeframe, you get a good idea of what the price of a certain asset has been doing for the last day, week, month, or year. It’s a good starting point which can help you identify a certain trend.

How To Identify A Trend Using The Market Rhythm

Another great way to identify a trend is by analyzing the rhythm of the market, or in other words, the price highs and lows of a certain asset. When it comes to understanding a price chart, it is probably one of the best, easiest, and only things you need. Conventional knowledge tells us that during an uptrend, there are higher highs because the majority of action comes from buyers, and this pushes the price higher. This also works in the other direction. During a downtrend, because the majority of action comes from selling, they push prices lower, and therefore there are lower lows. It’s a pretty easy way to spot a trend indeed.

Using Moving Averages To Identify A Trend

When it comes to some of the best trading tools out there, moving averages are absolutely phenomenal for identifying market directions and trends. If you are going to be analyzing trend direction by using moving averages, there are a few things which you need to know.

  1. The length of the moving average will greatly impact when you get a signal that the markets will turn in any given direction.
  2. A small moving average may give you early and false signals in terms of when a trend or price direction is going to happen, but it can also get you out early and save money when a trend is going to change.
  3. On the other hand, a large moving average may be too late when providing signals, but it can also help you ride a good trend for longer.

 

Identify A Trend With Moving Averages

Identifying A Trend With The ADX Indicator

The other way to identify a trend which we want to touch on here today is by using the ADX indicator, which is a highly effective technical analysis tool that you should know how to use. The ADX indicator features 3 lines. There is the ADX line which tells you the strength of the trend, the +DI line, which shows the bullish strength, and the –DI line, which shows the bearish strength of the price. When there is an uptrend, the green line is on top of the red line, and vice versa.

Identifying Trends – Final Thoughts

Ok, so here we have touched on what trends are, how to identify them, and why they are important. How to identify a trend is very important when it comes to winning trades. If you want to learn everything there is to know about identifying trends for day trading, joining our Income Mentor Box Day Trading Academy is your best bet at doing so.

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NEW TRADING TUTORIAL & PROFITS!

NEW TRADING TUTORIAL & PROFITS!

OFFICIAL WEBSITE: IncomeMentorBox.com

Our Income Mentor Box Day Trading Academy is always updating our lessons and releasing many new trading tutorials. If you did not already know, Income Mentor Box is the place to be if you want to learn how to become a professional, profitable, and sustainable day trader. This is where you have access to trading tutorial after trading tutorial, and by the time you have seen them all, you might just be more profitable than we are.

What we want to talk about today are the various new trading tutorials which Andrew, our prestigious mentor, released in the last few days. That is right, when you join Income Mentor Box, you not only get access to our base educational content, but you also get constant new updates. We don’t want to say that we release a new trading tutorial every single day, but nearly. Today we want to talk about 3 of our most recent trading tutorials, what they are all about, and how much money you stand to make if you follow these strategies.

Income Mentor Box Forex Trading Tutorial

Bollinger Bands & Stochastics Trading Tutorial

The first trading tutorial which we recently released that needs a mention is the Bollinger Bands and Stochastics trading tutorial. Now, we have already done some lessons on this, but here we have a super comprehensive 2 part lesson that will teach you everything you need to know about using the Stochastics and Bollinger bands indicators in unison to put money in your pocket. It’s a good way to make an easy 600 Euro profit per day.

 

NFP News Trading Tutorial

Trading stocks and securities is another great way to make profits through day trading. This is why Andrew from Income Mentor Box has recently releases an NFP new release trading tutorial. This is all about using the economic calendar, examining 3 Bull News, and trading based on NFP news releases. Here, Andrew managed to rake in close to 1,500 Euros in a single day of trading. If this sounds like something you would want to do, you should check out the Fibonacci strategy trading tutorial from Income Mentor Box.

 

Fibonacci Strategy Trading Tutorial

One of our personal favorite tutorials which Andrew just released has to do with passive trading using the Fibonacci trading strategy. It is one of the more complex strategies to get the hang of, especially when it comes to Forex trading. However, as you might have noticed, Andrew always does a great job at making things easy to understand. If you feel like making well over 1,000 Euros per day, easily, then this Fibonacci trading tutorial is one you need to check out.

 

Income Mentor Box Trading Tutorials & BIG PROFITS

You should definitely take a look at our new Income Mentor Box Trading Tutorials. Each trading tutorial not only provides really awesome knowledge and tips on various strategies, but also illustrates just how profitable all of this can be. I

f you take a look at the various trading tutorial videos which we have included here today, you will see that there were a lot of profits which Andrew managed to put in his own pocket. Folks, if you follow these tips and use any of the trading tutorials to your advantage, there is no reason why you cannot do the same for yourself.

For example, in both the Fibonacci trading tutorial and the NFP News Release Trading Tutorial, Andrew made nearly 1,500 Euros in each session. Andrew also showed, in his Stochastics and Bollinger Bands trading tutorial, how you can make an easy 600 Euro profit every single day. Guys, if you want to become professional day traders, these Income Mentor Box trading tutorials might just be your best shot at doing so.

 

Don’t Forget About Income Mentor Box Telegram Trading Signals!

Something that we really want to stress is that we have just recently created a Telegram signals group. Telegram is a free messaging app that anybody can download onto their computer or phone. If you join Income Mentor Box in the next few weeks, you will get free access to this Telegram Forex signals service.

Here you will get around a dozen reliable, fresh, and accurate Forex signals that you can trade with. The beauty here is that you really do not need to know a single thing about Forex trading to use our Telegram Forex signals. They come complete with entry prices, stop loss levels, take profits levels, and everything else you need to execute profitable trades.

You literally just have to take the signals as they appear, copy them, and you are good to go. Remember, only those people who join our Income mentor Box Day Trading Academy in the next few weeks will get free access to our telegram trading signals. If you wait for too long, or if you do not join our academy at all, there is a small but separate fee that you will need to pay.

 

Our New Trading Tutorial & Profit Sessions – Final Thoughts

Folks, as you can see, there is really no better place to learn how to day trade like a pro than with our very own Income Mentor Box Day Trading Academy. The fact of the matter is that you will never get this kind of value or learning experience with any other kind of day trading academy out there. All of the other competitors out there charge way too much cash and offer comparatively minimal educational content.

Here, you pay only $299 for full and unlimited access to all Income Mentor Box course materials. Yes, our base course does include over 50 day trading tutorials, an EBook, and more. However, there is still more than that, because our very own Andrew releases around 5 new day trading videos per week on his channel. Moreover, with the addition of our new Income Mentor Box Telegram Forex signals group, there is really no better place to be for any day trader out there.

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Forex Signals Telegram Group IS HERE!

Forex Signals Telegram Group IS HERE!

OFFICIAL WEBSITE: IncomeMentorBox.com

Do you want to make money day trading, but just don’t want to spend the time or effort doing so? Well, if that is the case, you want to check out our Income Mentor Box Forex Signals Telegram Group. Here, you get a plethora of accurate and up to date trading signals that will allow you to make handsome profits on the daily without having to lift a finger!

Income Mentor Box Forex Signals Telegram Group

What Is The Forex Signals Telegram Group?

So, you might know that members of our Income Mentor Box Day Trading Academy have access to or Facebook signals group. If you are a part of this group, you get access to our daily Forex trading signals for free. However, people have been asking us to create a Telegram group with the same purpose in mind.

No, our Facebook signals group was not 100% perfect, mainly with the freshness and timing of the signals. However, this has now all changed, because our Forex Signals Telegram Group is finally here. Just in case, Telegram is a free messaging application that you can download, both on your computer and your mobile devices. It is totally free and does not take up much memory. Using this messaging service, we now have a stellar Forex Signals Telegram Group.

If you are a member of this group, you will get a whole lot of daily trading signals for Forex. Yeah, finding good signals for trading can be very hard, not to mention super time consuming too, but not when you are a member of the Forex Signals Telegram Group. It’s a fast, easy, and super convenient way to get the best, most reliable, accurate, and up to date Forex trading signals. It’s one very big step up from our Facebook signals group, and we are very happy to finally release it!

 

Why Join Our Forex Signals Telegram Group?

The main benefit of joining our Forex Signals Group is that you get a dozen or more daily trading signals for Forex. Do you know how to trade Forex? Do you know how to engage in fundamental anlayis? What about technical analysis and all of the other research involved? The point here is that zeroing in on the best Forex currency pairs to trade with at any given time is not easy. You have to know what you are doing.

Forex Signals Telegram Group

Yes, of course, our Income Mentor Box Day Trading Academy is all about teaching you to be a profitable trader. However, maybe you don’t want to join, maybe you haven’t finished the courser yet, or maybe you just don’t have time to truly trade Forex on a daily basis. Well, for one, you do not actually have to be a member of our Income Mentor Box Day Trading Academy to gain access to the Forex Signals Telegram Group, so there is that.

Moreover, when you use our Forex Signals Telegram Group service, all of the hard work, heavy lifting, and research is already done for you. The signals are well researched by our team, they are very up to date, and you have to do no work at all. Simply pay attention to our notifications, or in other words, when we release new Forex signals. You can then take those signals as they appear and use them to put money in your pocket!

 

How To Use Our Forex Signals Telegram Group

As we mentioned before using this Forex Signals Telegram Group is about as easy as can possibly be. Like we said, we do all of the heavy lifting for you. We do all of the technical and fundamental analysis so you don’t have to. So, how do you use this Forex Signals Telegram Group from Income Mentor Box?

 

Forex Signals Telegram Group

 

  1. Join the Forex Signals Telegram Group. Now, you can either join the Forex Signals Telegram Group by itself, for a more than reasonable cost, or you can join our academy in the next couple of weeks, and thus gain free unlimited access to the Forex Signals Telegram Group. Which route you go is up to you, but of course, we would recommend joining our Income Mentor Box Day Trading Academy so you can learn how to trade like a pro.
  2. Download the Telegram messenger, on your phone or computer, whatever works for you, and find out Forex Signals Telegram Group.
  3. Wait for the signals to come. There will be around 12 signals posted daily, and they are always fresh. Just make sure to get to them as soon as we release them, for the best chances at the biggest profits.
  4. Take the signals as they appear. We have already included entry prices, stop loss levels, and various take profit levels. Simply copy these Forex signals into your broker or trading platform of choice and watch as the profits roll in.

 

Forex Signals Telegram Group – A Very Low Cost & A Great Deal!

Ok, so just to clarify about the cost of the Forex Signals Telegram Group. If you join the Income Mentor Box Day Trading Academy within the next 2 or 3 weeks, you will gain free access to this Forex Signals Telegram Group. However, this deal is not going to be available forever.

Our academy costs only $299 to join, so you can learn how to trade like a pro, and get free signals, all for a very low price, but you have to act fast. On the other hand, if you just want to join the Forex Signals Telegram Group, you can do that as well.

Forex Signals Telegram Group

The cost for this is $89 per month or $250 for a full year. As you can see, joining our academy and gaining free access to the Forex Signals Telegram Group is much more cost effective than just joining the Forex Signals Telegram Group.

 

Forex Signals Telegram Group IS PRODUCING RESULTS!

Did you know that our Forex Signals Telegram Group provides signals with 88% accuracy. This means that our signals will allow you to win 9 out of every 10 trades you place using them. The results are already coming in and we do have to say that we are producing great results for all members of our Forex Signals Telegram Group.

Forex Signals Telegram Group

NEW Forex Signals Telegram Group – Conclusion

When all is said and done, we really hope you take advantage of this Forex Signals Telegram Group, as it is a great offer and will allow you to make great money through day trading, all without actually having to do any work!

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Best Indicators For Forex Trading

Best Indicators For Forex Trading

OFFICIAL WEBSITE: IncomeMentorBox.com

Here at the Income Mentor Box Day Trading Academy, a main area of learning has to do with trading indicators and technical analysis. These are things you need to become intimately familiar with if you want to become a professional day trader!

 

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Types Of Indicators – Technical Indicators

When it comes to the different types of technical indicators out there, there are 5 main ones that you need to be aware of. You need to be familiar with these indicators in order to be the best trader you can be. If you join our Income Mentor Box Day Trading Academy, we will teach you all about these trading indicators.

Andrew, our top mentor, knows how to explain these topics in a very easy to grasp manner. If you are a member of our academy, you will have access to various full length trading lessons centered around these trading indicators. They come in very handy when it comes to judging whether or not a certain trading position is worth opening.

These technical indicators apply to Forex, CFD, stocks, and much more. In fact, we said that they come in handy, but the fact of the matter is that trading without performing technical analysis is nearly impossible. You need to master, or at least be quite familiar, with the various types of technical analysis if you have any hopes of being a successful and profitable day trader.

So, what are the 5 main types of technical indicators that you need to be familiar with?

  1. Volume

These relate the price of an asset and its volume. These are indicators which count trades and quantify whether there is a bull or bear market for that specific asset.

  1. Relative Strength

These are also known as RSIs for short. Relative strength indicators measure the oscillations in the buying and selling of a certain asset over a given period of time.

  1. Momentum

Momentum indicators are used to measure the speed of price change over a certain period of time, as well as its direction.

  1. Trend

Trend indicators are very important because they analyze if a market, or certain asset type, or asset, is moving up, down, or sideways.

  1. Mean Reversion

These indicators are a bit harder to use, but in theory, they measure how far a price swing will go before there is a counter impulse which should trigger a price retracement.

 

 

Best Indicators For Forex By Category

Now that we have discovered what the different types of technical indicators for Forex trading are, we should probably talk about the best indicators to use within each type of technical analysis class, so let’s get right to it.

Trend Indicators: EMAs (Exponential Moving Averages)

Moving average indicators are fantastic because they take a look at price action over a specific period of time. There is then a running average created for each bar to indicate price over a given time period. The best ones to use here are usually the 50 day exponential moving average indicators and the 200 day exponential moving average indicators. The first will tell you the average intermediate price, whereas the latter will tell you the average long term price. You may also want to use simple moving averages, but these are not nearly as responsive as the exponential ones.

Mean Reversion Indicators: Bollinger Bands

Bollinger bands are one of our personal favorite mean reversion trading indicators to use. Simply put, Bollinger bands attempt to measure how far a price can go in one direction from a central tendency pivot before there is a reversionary impulse triggered. These bands will also contract or expand based on volatility fluctuations. When it comes down to it, you definitely want to master how to use the Bollinger bands indicator to start performing technical analysis and winning trades.

Relative Strength Indicators: Stochastics

Stochastics is another really important one, and it is a type of RSI or relative strength indicator which identify and measure buy and sell cycles. In terms of the relative strength indicators, this probably the most vital one which you should familiarize yourself with. In case you are confused, remember that joining our Income Mentor Box Day Trading Academy will provide you with unlimited and full access to all of our day trading lessons, where this topic is explained in a much more in depth manner.

Momentum Indicators: MACD

Ok, so this is quite a mouthful, but when it comes to momentum indicators, the most important one you want to be familiar with is Moving Average Convergence, also known as MACD for short. This is a great momentum tool because it measures exactly how fast a market or price is moving and it helps provide you with a way to evaluate and recognize rapid price changes. MACD also attempts to determine when natural price turning points will be. In our opinion, it’s one of the most useful trading indicators out there.

Volume Indicators: OBV (On Balance Volume)

In terms of the final category of the major technical analysis tool you should be familiar with, it is the OBV or on balance volume. This is a type of volume indicator which uses the flow of volume to predict the changes in a stock or security price. It’s definitely a useful one to have in your arsenal.

 

Best Indicators For Forex Trading – Conclusion

There you have it folks, the 5 best trading indicators that you want to use for Forex and more. Now, we know that this is one of the more complicated aspects of day trading. There is no getting around the fact that these materials are quite dense.

Based purely on this one article alone, you probably don’t know how to use any of them yet. However, this is why we have our Income Mentor Box Day Trading Academy. If you join us, you will learn how to use all of these trading indicators to the fullest of their potential.

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How To Identify Trading Scams

How To Identify Trading Scams

OFFICIAL WEBSITE: IncomeMentorBox.com

Yes, the main mission of our Income Mentor Box Day Trading Academy is to help you become professional and profitable day traders. However, there are lots of trading scams out there that you need to be weary of. Being able to identify trading scams for what they really are is what we want to teach you today!

Income Mentor Box, Trading Scams

Trading Scams – What Does The Leadership Look Like?

One way to identify trading scams is by taking a look at the leadership. Something that we here at the Income Mentor Box Day Trading Academy know all too well is that you must be able to trust the leadership of a trading application.

You can quickly tell if a trading application is a scam if the leaders are nowhere to be found. If you are on the website of some kind of autotrader, and the owners are nowhere to be found, you should turn around and head home right away.

You always have to think about why these trading scams do not disclose ownership or leadership information. It is because they are doing something shady and illegal, and they don’t want to end up in prison for stealing your money! The bottom line is that you always need to be able to confirm who the leaders and owners of any application are before you can rule out the possibility of it being another one of many trading scams out there!

 

Trading Scams – What Is The State Of The Company?

Another way to identify trading scams is by looking at the company itself. One of the main things to look out for here is the company address and registration details. When you look at various auto trading applications, you will notice that they have a listed address for the company.

Go look up the address on Google Maps and see if it is real and if it matches. If the address is bogus or belongs to another person or company, you can rest assured that the trading application in question is bogus.

You should also look up to see whether or not the company in question is registered as an official business where it claims to be registered. You should also check with both the FCA and the FTC to see whether or not the company is licensed to engage in such financially related matters. If you cannot find an address, registration info, and licensing details, you can rest assured that it is just another trading scam.

 

Trading Scams – What Does The Website Look Like?

Another way identify trading scams is by simply looking at the website. If you are looking to use some kind of automated trader, the website itself is usually a fairly good indication of what you can expect. What is the writing like? Is the writing professionally done? Does it have errors? Does the writing actually add value to the page, or is it just senseless rhetoric?

You should also look at the images and graphics on the site. Does the website bombard you with random images and videos, or does the site only feature images and graphics which help you to understand what is going on. If a website looks like it was thrown together over night, is very low budget, and just does not look good, it is safe to assume that it is another one of those trading scams you need to stay away from!

 

Trading Scams – What Do Others Have To Say About It?

these scams are usually not very quiet in nature. Ok, so they will always have really positive user testimonials featured on the website. However, it is easy to tell when these are fake. Often, trading scams will feature testimonials that look as though they have professionally written. Often they are also anonymous or use fake names. You should never rely on the user testimonials on the website itself.

However, what you should do is to do some research online and see what the general consensus is. General consensus is usually a pretty good way to determine whether or not an automated trading program is the real deal. If everybody is complaining about losing or being ripped off, it’s another one of those trading scams that you need to stay away from at all costs!

 

Trading Scams – What Does The Business Model Look Like?

Trading scams are often very vague in terms of how they plan to generate money on your behalf. Whenever you go to use any automated trader, you need to know exactly how it works. There are many scams out there which make really vague claims or just never really tell you how the software in question works. Folks, if the autotrader or trading platform refuses to tell you exactly what it is and how it works, it is probably a trading scam. You never want to use programs that are very vague in nature.

 

Trading Scams – What Are The Advertised Profits?

A big telltale sign of a scam is what they advertise in terms of profits. What you need to know is that there is never any guarantee in trading. Risk, specifically the risk of loss, is inherent in the market and there is just no way to get around it. Trading scams will promise you huge returns without a shadow of a doubt. So, when it comes to identifying trading scams, they will always advertise ridiculous returns and they will guarantee them too.

 

Trading Scams – Is There Some Kind Of Shady Referral System In Pace?

Generally speaking, referral systems are an indication of trading scams. Now, this is not always the case, as some systems do have legit referral systems. However, you do want to do your research. Do they actually pay out the referral bonuses as promised?

 

Identifying Trading Scams – Final Thoughts

The bottom line is that identifying trading scams is extremely important if you plan on using any autotrader. Here at the Income Mentor Box Day Trading Academy, our goal is to help you be the best traders you can be, and a part of this is preventing you being ripped off by trading scams!

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Ask Us Anything You Want!

Ask Us Anything You Want!

OFFICIAL WEBSITE: IncomeMentorBox.com

Do you have questions about day trading? If so, you should always feel free to ask us, the Income Mentor Box Day Trading Academy. Yes, we have a comprehensive course for day traders, but people still always have questions to ask. Please folks, always feel free to ask us anything about day trading, and we will always do our best to help you in any way we can!

 

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Ask Us About Trading Strategies!

One thing that we want you guys to ask us about is about trading strategies. Yes, here at the Income Mentor Box Day trading academy, we provide tons of lessons in regards to trading strategies. We have a lot of good course material focused around trading strategies. We also have lots of daily trading strategy updates. However, we do know that these concepts and strategies can be a bit hard to grasp. We do not expect you to understand everything the first time around.

After all, that would not be natural, and day trading is something which takes some practice to get the hang of. Therefore, if you are having troubles grasping the fundamentals, especially in regards to trading strategies, please ask us. If you ask us, we will do our very best to explain trading strategies to you in such a way that will make everything easy to understand. This is what we here at the Income Mentor Box Day Trading Academy are all about, explaining and teaching you how to be the best day trader you can be!

 

Ask Us About The Differences Between Types Of Trading!

Something that you might want to ask us about is in regards to the different types of trading. Here at the Income Mentor Box Day Trading Academy, we teach all kinds of trading. You can learn how to trade stocks, Forex, indices, commodities, CFD, and so much more. Of course, there are some big fundamental differences between these kinds of trading. Just because we taught you how to trade Forex does not mean that you are automatically ready to start trading stocks.

Something that we here at the Income Mentor Box Day Trading Academy can teach you is the difference between one type of trading and another. This is vital if you want to become a diverse and successful trader. So, if you have questions in regards to the different types of trading which you can engage in, please feel free to ask us and we will do our very best to answer your questions to the fullest of our abilities.

 

Ask Us About Trading Tips!

Yet another thing which you should feel free to ask us about is in terms of trading tips. After all, the main goal of our Income Mentor Box Day Trading Academy is to provide you with accurate and up to date trading tips. There are always new updates to be done, and we might not always be able to keep up with them all. This is why we want you to ask us about trading tips. This could be in regards to anything and everything to do with trading. If you need tips on how to be a better trader, we will do everything in our power to make it so.

 

Ask Us How To Use Trading Platforms!

Something else which you should definitely ask us about has to do with brokers and trading platforms. Yes, if you want to be a top notch trader, you need to know how to use various brokers and trading platforms. You cannot possibly be a good trader if you are not familiar with how brokers work and how various trading platforms work.

These can be a little tricky to understand and to get the hang of. However, once you are intimately familiar with these things, you should be able to trade like a pro no problem. Of course, you may have varying questions about brokers and trading platforms, and you should always feel free to ask us anything. Remember folks, there is no such thing as a stupid question!

Ask Us About Our Own Trading Mistakes!

Something else that we would like you to ask us about is our own trading mistakes. Yes, here at the Income Mentor Box Day Trading Academy, we have also made trading mistakes. We are not one of those trading academies which claims that our mentors are 100% perfect and that they have never made mistakes when trading. This would be a stupid claim to make, as everybody makes mistakes when day trading.

However, the important part here is to learn from those mistakes and to improve upon them. We want you to ask us about our own trading mistakes, because this way we can share our own experiences with you. We want to tell you about our own trading mistakes, because this way we can help you avoid making those some mistakes. If you have any questions in regards to this, always feel free to ask us, because we don’t want you to make easy to avoid mistakes when you do not have to!

Ask Us About Hot Stocks

Another thing that you can always ask about are stocks. Here at the Income Mentor Box Day Trading Academy, we do provide stock and Forex signals for you to trade with. However, for whatever reason, you might not be happy with them and are looking for new stocks to invest in. If this is the case, always feel free to ask us about new and upcoming stocks that you might want to invest in.

 

Ask Us MORE! – Final Thoughts

The bottom line is that you should always feel welcome to ask us questions in regards to trading. This is what we are here for! The main purpose of this Income Mentor Box Day Trading Academy is to turn you from newbies into self-sustaining and profitable day traders. Whatever questions you have, there are no questions too big or too small. Just ask us anything you like, and we will always do our best to answer in such a way that makes the most sense to you!

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What Does Income Mentor Box Offer?

What Does Income Mentor Box Offer?

OFFICIAL WEBSITE: IncomeMentorBox.com

Many people wonder why they would ever join a trading school like the Income Mentor Box Day Trading Academy. Well, what many do not realize is that learning to day trade, whether Forex or otherwise, is not as easy as some of those self-proclaimed YouTube gurus make it out to be. Here, we make it our number one goal to help teach you to become the best day trader you can be!

Income Mentor Box, Support and Resistance lessons

Income Mentor Box – Ask Us Anything!

One of the things that we here at the Income Mentor Box Day Trading Academy offer is a personal question service with none other than Andrew himself. One of the big problems with many other day trading schools out there is that you never actually get to talk to the mentor. This is a big problem because when it comes to trading, sometimes you might have questions that you need answered in person. It’s a big issue when it comes to many trading school out there.

They claim to provide personal and one on one assistance, but more often than not, they simply do not follow through on these promises. Well, here at the Income Mentor Box Day Trading Academy, you can ask us anything you want, and Andrew, our number one mentor, will get back to you ASAP. There is no such thing as a stupid question, and no question is too big or too small. When you are a member of our Income Mentor Box Day Trading Academy, you will get the one on one help that you need and you deserve, in order to become the best day trader you can be.

Income Mentor Box – Over 50 Specialized Trading Tutorials

The main part of what we offer here at the Income Mentor Box Day Trading Academy is our library of trading tutorials. Once you become a member with us, you will gain access to over 51 specialized and in depth trading tutorials. All of these are hosted personally by Andrew himself. The benefit you get here is that you will learn both the basics and the complex aspects of day trading.

First Andrew is going to start off easy and take you through the basics, and then he will progress to the more difficult materials. However, fear not, because Andrew knows that this stuff can be a bit hard to get, which is why he explains it in such a way that literally everybody and anybody can understand it. It will take you between 2 and 8 weeks to work your way through the course, depending on how fast you go. By the end of the 51+ Income Mentor Box Day Trading Academy tutorials, you should be a professional day trader that can make good money on your own.

Income Mentor Box Academy – Daily Lesson Updates

What is really nice about our Income Mentor Box Day Trading Academy is that we do not only have those 51 lessons which we discussed above. Andrew goes above and beyond his calling here by utilizing his YouTube channel to provide you with daily trading updates.

Here, Andrew from Income Mentor Box, uploads up to 10 videos per week, all of which focus around trading stocks, Forex, indices, and more. Here you get access to the latest stock tips, trading strategies, and all sorts of vital trading updates, all directly from our mentor Andrew himself. For a low price, you get the base course plus so much more, and it is a gift that just keeps on giving!

Our Free Income Mentor Box Signals Service

Something which you will have the liberty of being able to take advantage of as a member of the Income Mentor Box Day Trading Academy is our free signals service. Yes, our goal here is to teach you how to become a sustainable and profitable day trader. However, sometimes you might just not have time to learn, or time to trade properly on a daily basis. This is why we offer our Income Mentor Box signals service. When you become a member of our prestigious day trading academy, you will gain access to our signals service.

This is our Facebook page, where we post up to 12 trading signals per day, usually all Forex signals. When you are a member of our academy, you will be able to copy these Forex and stock trading signals right into your trading platform or broker of choice. These trading signals come complete with price entry levels, take profit levels, and stop loss levels too. You really do not have to know anything about trading to use these signals. You can simply copy and paste them into your trading platform and watch as the profits roll in. It really does not get any easier than that!

Income Mentor Box Trading Academy – A Free EBook & More

Just to get you started, before you dive right into our Income Mentor Box course materials, you can get started with some light reading. We provide our Income Mentor Box EBook for anybody who might be interested in joining our trading school. Here, in the EBook, we do not go too in depth into anything in particular, but the aim of it is to introduce you to the world of day trading, so once you join the course, you are ready to go.

The bottom line is that here at the Income Mentor Box Day Trading Academy, our goal is to make this learning process as easy as possible for you. We provide you with daily trading lessons and one on one mentorship. You also get access to our group chat area, so you can talk to other people who are also learning how to do day trade!

Join The Income Mentor Box Day Trading Academy!

The bottom line is that there is really no better place for you to learn to be a professional and profitable day trader than right here. The mission of the Income Mentor Box Day Trading Academy is to help you make money and lots of it!

Income Mentor Box support and resistance Trading Lessons

Support & Resistance – PROBLEMS & RULES!

Support & Resistance – PROBLEMS & RULES!

OFFICIAL WEBSITE: IncomeMentorBox.com

Many traders out there assume that support and resistance trading is totally foolproof and will always lead to profits, which is of course not always the case. There are some support and resistance problems, issues, rules, and tips that you always need to keep in mind. Let’s go over these right now!

Income Mentor Box, Support and Resistance lessons

Price Does Not Always Bounce For Support & Resistance Lines As Expected

Perhaps one of the biggest problems, and one of the most important things that you need to keep in mind about support and resistance trading is that prices do not always react as you would expect. Sure, support and resistance can be a great indicator tool for placing Forex and other trades. However, it is not totally fool proof, and sometimes the price does not react the way we would like, or would expect in terms of the lines on your charts.

 

 

Prices Can Bounce A Couple Ticks Before The S&R Level

One thing that can happen here is that the market can bounce with a counter rotation of quite a sufficient size. The market can continue up with a reasonable bounce or it can continue moving lower, but can also continue to move back and forth by a certain number of ticks when it does. There is a lot that is possible at this point and making premature assumptions with support and resistance can quickly lead to your downfall. You should always wait for a full market rotation when you see this occurring.

A Price Can Slice Straight Through The Support and Resistance Level

If a price happens to slice through a support or resistance level, there is really no telling what it can do. For instance, if the value of an asset goes right through a resistance level, instead of bouncing back from it as we would expect, there is really no telling where the next bounce will be. You need to be able to identify the common size of the rotation.

A Price May Breach a Support and Resistance Level And Bounce In The Original Direction

The normal way of trading support and resistance, while it does often work just fine, is not always 100% accurate. A price of an asset can often slice right through an area without the level of interest being invalidated. In other words, the prices can suffer from very random movements, and this can be a problem when using this trading method. For this, you need to set your stop loss levels to account for a certain degree of price movement randomness.

Historical Or Recent Support And Resistance?

Something else that you need to keep in mind is that your trading results will differ depending on if you are using historical averages or recent averages. Often, you will see S&R levels based on history, often several months or years, that worked fine for a very long time. However, then all of a sudden, the price stopped respecting these historical S&R lines, and just starts doing its own thing.

For this reason, it is very important to always update your support and resistance lines with recent information. You need to update your S&R levels each week in order to get the most accurate readings possible. You cannot just keep using the same historical averages over and over again. If the market stops respecting historical support and resistance levels, you have a big problem, and therefore updates need to be done. At the same time, remove older support and resistance levels so you do not get confused when conducting your analysis.

Body & Wicks

When it comes down to it, most traders out there use wicks and the extremes of candlesticks in order to draw support and resistance levels. However, what you also need to keep in mind here is that candle bodies themselves represent closing times on daily, weekly, and a monthly basis, and using these to draw support and resistance lines can help you better understand price movements.

When you are engaging in top-down market analysis, it is a good idea to start on a higher time frame and then slowly work your way down to the narrower time frames. When you are on the higher time frames, draw your levels using the bodies of the candles which indicate major swing points. Once you start moving down to lower time frames, you can adjust and fine tune your levels, which allows you to explain price action in the past with highly optimised levels. Always remain consistent in this approach.

One Or Multiple Touches For Support & Resistance?

Something else that you have to keep in mind when support and resistance trading is how many touches to your levels indicate price strength. More often than not, when trading with this method, traders will assume that the more touches a price has on a certain level, the stronger it is. However, this is not always the case and by all means, it can be a very false assumption to make. This is known as conventional wisdom, which can often be wrong when making generalized assumptions.

When trading support and resistance, all you really usually need is one previous swing low or high. When you have meaningful swing highs or lows, they will often turn into future support and resistance levels. Yet, when a price comes back to the same level a third time, it usually doesn’t hold too well anymore and it can become difficult to gauge price action. It goes against common sense, but a rule of thumb here is that the more obvious something seems on your chart, the harder it actually is to profit from it.

Support & Resistance – Final Thoughts

As you can see, S&R trading is not quite as straightforward as you might have thought at first. However, if you keep these rules, problems, and tips in mind, it should help make your life quite a bit easier. Of course, here at the Income Mentor Box Day Trading Academy, we have many support and resistance trading lessons so you can perfect this method. Join our academy today if you want to learn to trade using support and resistance the right way.

Income Mentor Box support and resistance Trading Lessons

Why Take Day Trading Lessons?

Why Take Day Trading Lessons?

OFFICIAL WEBSITE: IncomeMentorBox.com

Have you tried trading Forex, stocks, or anything else, but have not seen success and have been hampered down with countless losses? Well ,have you ever considered taking day trading lessons to help you hone your skills and perfect your trading strategies? The fact of the matter is that many people think they can just start winning trades and banking cash, just like that, but of course, this is not so. Day trading lessons are a must for anybody who wants to join the trader’s world! So, why should you consider taking trading lessons?

Trading Lessons

 

Day Trading Lessons Provide You With Mentorship

One of the biggest reasons why we would recommend taking trading lessons is because they provide you with real mentorship. Sure, you could go read some blog or watch some YouTube videos, but the information found online is mostly incomplete, if not just really bad. There is also the fact that there are tons of self-proclaimed trading gurus out there that know about as much about trading as monkeys know about rocket science.

When it comes down to it, you can’t learn to day trade on your own. It is more or less impossible to learn day trading, whether Forex or stocks, on your own. Here at the Income Mentor Box Academy, we provide the most comprehensive and in depth set of trading lessons out there right now. Our mentor, Andrew, has been trading for close to a decade and he knows what he is doing. It’s much easier to learn trading when you have an expert who can explain things to you in an easy to understand manner, something Andrew is adept at.

 

 

Trading Lessons Give You Trading Experience

Another reason why trading lessons are so important is because they provide you with much needed experience. By following along with all of the trading lessons at Income Mentor Box, you will gain the experience you need to trade confidently on your own. The fact of the matter is that if you start day trading without any experience at all, chances are you will suffer from some really big losses.

The whole aim here is to turn you into a self-sustaining and independent day trader that can survive on your own. All of the trading lessons which our Income Mentor Box Day Trading Academy provides are designed to provide you with real life experience that will turn you from a newbie into a confident day trader that can survive without any help at all.

 

Day Trading Lessons Teach You How To Use Brokers & Trading Platforms

Something which many newbies and beginners do not realize is that placing trades is not as easy as just copying signals. You have to be using a trading platform in combination with a broker. If you don’t know what you are doing, navigating a broker or trader platform can be very difficult, nearly impossible depending on which ones they are.

It can take days or even weeks to get the hang of, and that is time that is being wasted, time you could be using to make money. When you take trading lessons, such as from Income Mentor Box, you will quickly and efficiently learn how to navigate brokers and platforms alike, and it won’t take very long either. It will take our mentor, Andrew, about 30 minutes to get you comfortable with brokers and all kinds of platforms. When it comes to trading lessons, this might not be the most important one of all, but it is certainly a valuable skill to have in your arsenal.

 

They Are Much Cheaper Than Losing Trades

One thing that you also need to keep in mind about taking good trading lessons is that they end up saving you money in the long run. For instance, joining our Income Mentor Box Day Trading Academy is going to cost you a flat $299. There are no hidden costs, upgrade fees, or anything else of the sort. This is absolutely a onetime payment. For one, this is actually much cheaper than any other trading lessons out there. Second, for the price, you actually get a whole lot of value with Income Mentor Box, with over 50 separate trading lessons, a free EBook, and much more.

The fact of the matter is that you could easily lose $299 in a single trade. What we are saying is that spending $299 on trading lessons is going to help you save money. By gaining the knowledge, experience, and tools you need to become a successful trader, you will win way more stock or Forex trades than you ever would. The bottom line is that you do have to spend money to make money, and spending $299 a single time on some trading lessons is much less costly than losing trade after trade, time and time again.

Income Mentor Box Trading Lessons

 

Trading Lessons Will Teach You Various Strategies & Tips

One of the biggest mistakes which people make when they have never taken trading lessons is to trade blindly. You might not realize it, but day trading involves various indicators, oscillators, strategies, rules, and other tips which you need to be familiar with. There are literally hundreds of different trading strategies out there. Some might be good for one person, while some might be better for others.

However, if you have never taken trading lessons, you will never know about any of the most important strategies and tips. Simply put, here at the Income Mentor Box Day Trading Academy, you will learn the ins and outs of trading, both the basics and the more complex aspects too, and this includes strategies, tips, and winning secrets. The bottom line is that you need to learn how to trade, and you need to learn everything about trading, before you can expect to become a profitable day trader. The only way to really do this is by taking day trading lessons, such as with Income Mentor Box for instance.

 

Day Trading Lessons Will Teach You About Risk Management

Yet another things which newbie day traders are really not good at is managing risk and money. Yes, if you are going to be a pro day trader, you need to know all about risk. The fact here is that the market always involves risk. It does not matter if you are trading stocks, commodities, Forex, indices, or anything in between. There is always risk involved in the market, risk of losing trades and losing capital.

A smart trader knows how to gauge the level of risk involved with each trade, and knows how much cash is worth risking per position. If you don’t know how to engage in effective risk management and money management, not only will you lose trades, but you will run out of trading capital sooner rather than later. Taking trading lessons from an esteemed academy such as Income Mentor Box will teach you how to manage risk and investment capital.

 

You Get To Talk To People In The Same Boat As You

Yet another benefit that you get from taking trading lessons such as ours, is that you get to talk to other people who have limited experience with trading. You might think it useless to talk to other people who don’t really know much about day trading, but it is actually very useful. There is always a learning curve involved with this kind of thing, and being able to hash through problems with people in the same boat as you can be extremely beneficial.

Being able to communicate with other traders, and people who are taking the same trading lessons as you, can provide you with valuable insights. It’s not only your own experience that counts. If you did not know, here at the Income Mentor Box Academy, we provide a free members chat room exactly for this very purpose.

 

Some Courses Provide Free Trading Signals

Ok, so this is not the case with all trading lessons or day trading schools out there, but it definitely is when it comes to our own Income Mentor Box Academy. Sure, learning how to trade, getting experience, and having a great mentor are all big benefits no doubt. However, sometimes you just don’t have time to learn, or at least not as fast as you would like. Moreover, sometimes concepts take time to grasp, or you might just not have time to be a full blown professional day trading.

However, when you pay a low fee for our trading lessons from Income Mentor Box, you will also get free and unlimited access to our signals service. Yes, that is right, we provide trading signals, usually Forex, about 12 per day. You can take these signals as they come, copy them directly into your broker or platform of choice, and watch as the money rolls in. There is no other work needed and the positions come complete with everything you need to place the trades. It’s a pretty easy way to make money and a great bonus along with our comprehensive trading lessons.

 

The Value Of Day Trading Lessons – Final Thoughts

Day trading lessons are a truly invaluable commodity, one that as an aspiring day trader, you definitely need to take part in. Sure, you have to spend a few bucks, but the knowledge, skills, and confidence you will gain from trading lessons just cannot be beat. Spending a few bucks now to learn how to trade with Income Mentor Box will save you countless thousands of dollar in losses in the long run.

 

Income Mentor Box Trading Lessons

Tools To Day Trade Successfully

Tools To Day Trade Successfully

OFFICIAL WEBSITE: IncomeMentorBox.com

Are you tired of losing trade after trade? It might be because you don’t have the tools to day trade successfully. Here at Income Mentor Box, we’re all about teaching you to be the best traders you can be and this involves letting you know about the necessary tools to day trade successfully! So what are the most important tools you will need to become a profitable trader?

Income Mentor Box Tools To Day Trade

Substantial Investment Capital

Ok, when it comes to one of the most important tools to day trade, something you obviously need to have is ample cash. Simply put, if you are living hand to mouth and are waiting on your next paycheque to pay your electricity bill, day trading might not be the best choice. You always want to gauge what your current financial situation is.

Simply put, you should never trade with any money that you are not 100% prepared to lose in full. Yes, here at the Income Mentor Box Day Trading Academy, our goal is to teach you how to be the best day trader you can be. However, we simply cannot guarantee that you will always win all of your trades. The risk of loss is inherent whether you are trading stocks, Forex, or anything else, and it is something you have to be prepared for.

When it comes to something like the stock market, did you know that the SEC dictates that if you make more than 4 trades per day on the NYSE or NASDAQ, that you always need to have at least $25,000 in your account? Yeah, the bottom line is that to start trading, you need to have some money set aside. It might not be a tool to day trade per say, but it is still needed none the less. Although we do really hate clichés, it is very true that to make money you have to spend money.

Decent Infrastructure

Another tool to day trade successfully you will need is decent infrastructure. Now, yes, there are some automated trading platforms out there which work on all computers and mobile devices. And yes, there are ways to win at day trading with just an autotrader and a single screen, as well as a shoddy internet connection. However, something that we here at the Income Mentor Box Day Trading Academy can tell you is that good infrastructure can make a really big difference.

For instance, if you want to have several trades open at once, say maybe a couple Forex and stock trades, you need to be able to keep track of them all at once. For this reason, most professional day traders will have multiple monitors or screens so they can have many windows open at once. It’s all about having the right number of screens, a lightning fast internet connection, various pieces of software, and more.

When it comes to tools to day trade successfully, the level and quality of your setup can make a huge difference. It might not be necessary as a newbie trader, but as you advance in the trading world and want to do more at once, you will definitely need to upgrade your setup. A fast internet connection and 2 monitors at the very least are tools to day trade that you should invest in, at least if you are serious about it. Once again, the cliché still holds true here, to make money, you have to be willing to spend money first, which in this case means a legit trading setup with all of the bells and whistles.

Knowledge & Mentorship

Another one of the tools to day trade successful you will need is mentorship. There is no getting around the fact that no matter how much investment capital you have, and no matter how good your trading setup is, if you don’t know how to day trade right, you will lose everything. Folks, nobody just throws money into a trading platform and makes money right off the get go.

Sure being able to do this would be really nice, but life just does not work that way. This is something we here at the Income Mentor Box Day Trading Academy know all too well. This is why we are here, to teach you the ins and outs of day trading. We’re here to teach you absolutely everything there is to know about trading Forex, stocks, and more.

It takes time, mentorship, and a whole lot of knowledge to day trade right. Yes, our course does cost money to take, but only $299, which is relatively inexpensive considering how much money you stand to gain once you have all of the necessary knowledge under your belt. Not to sound like a broken record, but yes, to make money you have to spend money, and that’s the bottom line!

Experience & Discipline

Moreover, there is no denying the fact that you won’t be all that successful placing your first trades. Day trading is not something for the weak of will or for people who throw in the towel at the first sign of trouble. It takes a lot of discipline to become a day trader, discipline that you can learn right here at the Income Mentor Box Day Trading Academy.

Once you have become more disciplined, you follow the right rules and strategies, all of which we teach here, you will gain the necessary experience to become a professional day trader. In terms of tools to day trade successfully, you need to be patient, disciplined, and yes, building experience helps a whole lot as well!

Ample Time

Folks, if are not willing to put in the time needed to learn how to day trade, and to trade, this might not be right for you. One of the biggest tools to day trade successfully is time. You have to be willing to invest not only money, but also time into trading. It takes time to learn and to gain experience.

If you can dedicate 1 or 2 hours per day, a few days per week, you are already off to a good start. You won’t become a professional day trader overnight, but if you are willing to put in the time, you can indeed become very profitable. If you have some time to spare and finally want to start making cash trading, becoming a member of our Income Mentor Box Day Trading Academy is a very good start.

 

Tools To Day Trade Profitably – Final Thoughts

There you have it folks, the 5 tools to day trade successfully that you absolutely need. If you are tired of losing trades and want to stack up some wins, you have come to the right place because we will teach you everything you need to know and a whole lot more!

Income Mentor Box Economic Calendar