Forex Trading & Risk Management

Forex Trading & Risk Management

OFFICIAL WEBSITE: IncomeMentorBox.com

If you have not yet become a member of the Income Mentor Box Day Trading Academy, you might want to try it out. We are all about helping you become the very best day traders you can be. This goes for Forex, CFD, stock, indices, commodities, and crypto trading. Our main goal is to help you become a profitable and self-sustaining day trader so you can quit your 9 to 5 job. One thing that you definitely need to know about as a trader is risk management.

Being able to engage in effective risk management will help produce both short and long term results, good results. If you do not have good risk management skills, your shelf life as a trader is not going to be very long at all. This is why we are here today, to give you some of the most important trading risk management tips to put to use. If you follow our risk management tips, you will end up being much more successful as a trader, especially when it comes to preventing major losses happening time after time.

Risk Management – Prepare For The Worst

Now, as you know, here at the Income Mentor Box Day Trading Academy, we are all about teaching you to be the best traders you can be. With that being said, risk is something you are always going to have to deal with. This is true whether you are trading Forex, CFD, indices, commodities, stocks, crypto, or anything else. Risk is an inherent factor in the market and you better get used to it quick. Even the best of the best day traders out there can lose a lot of trades and money if they don’t engage in effective risk management.

One thing that you need to be prepared for here, in terms of risk management, is to lose all of your money. Yes, you need to be prepared to lose. This means that you cannot have any qualms about losing an investment. In other words, never trade with money that you don’t have to spare. If it comes down to paying your electricity bill for the month or placing a Forex trade with your last $200, you need to pay that electricity bill. Never trade with money that you are not prepared to lose in full. It just is not worth it.

Always Use Stop Loss & Take Profit Levels

Another big risk management tip, when trading Forex or anything else for that matter, is to always use stop loss levels. Here at the Income Mentor Box Day Trading Academy, we have some great lessons on both stop loss and take profit levels that you absolutely need to check out. In layman’s terms, a stop loss level is a specific pip amount, percentage, or money value which you can set to cut your losses.

In other words, if you make a $500 investment, you can set the stop loss level at, let’s say, $250. This means that if your trade happens to tank, the position will automatically close and spare you from losing that last $250. No, of course losing trades is not ideal, but when it comes to risk management, being able to cut your losses and recoup some of your investment when a trade goes south is a really big deal.

The same goes for take profit levels as well. This is the same thing as stop loss, but only in the other direction, the winning direction. For instance, for that same $500 Forex trade, you can set the take profit level at $750. Therefore, the trade will close when you have made a $250 profit. This is a great risk management tip because it stops you from being greedy and allows you to walk away with a certain amount of profits. Take profit levels are important because even if a trade is winning now, it might go south real quick.

Risk Management & Leveraging Trades

If you are a member of our Income Mentor Box Day Trading Academy, you probably know what leverage and margin is by now. If you don’t you should join our academy and learn all about it. At any rate, when trading Forex and other asset types, you can leverage your trades. For instance, you can leverage a trade by 10:1. For example, if you want to place a $10,000 trade, but only have $1,000 to invest, you can leverage your trade by 10:1. In other words, you only have to invest a tenth of the money to trade with when you open that given position. The $1,000 you have to put down is kind of like a down payment. That $1,000 is called the margin.

Now, Forex trading often allows traders to leverage trades by up to 500:1. Now, the thing here, in terms of risk management, is that leveraging your trades can be both very profitable and very dangerous. For instance, if you place a 10:1 trade with an overall value of $10,000, if you win the trade, good for you because you get the full winnings based on that full $10,000. However, if you lose the trade, you are also on the hook for that full $10,000, not just the $1,000 margin which you had to invest to leverage the trade.

As you can see, leveraging your Forex trades can turn out very profitable. However, it is also very dangerous. As a beginner trader, we here at the Income Mentor Box Day Trading Academy would recommend that you don’t leverage trades, or maybe only my small ratios, such as 2:1 or 5:1. In terms of risk management, leveraging Forex trades is extremely risky and dangerous. Unless you are a professional day trader and really know what you are doing, it’s something you should probably stay away from for now.

Don’t Go Hard After A Big Loss

We recently did an article on how to come back after a big trading loss. Well, one thing we talked about there is to start off small again, and not jump right back into it. You see, in terms of risk management, one of the worst things you can do after suffering a big loss is to try and recoup that full loss, and more, in the next trade. The reason for this is because after you suffer a massive trading loss, your trading capital is already stressed out. You just lost a ton of money.

Now, people may be tempted to try and make up for this loss in the next trade. However, what happens if that trade also turns out to be a big loser? The overall result will be multiple big losses and a trading account that has been wiped out with just a few trades. The risk management tip here is to not trade blindly or with emotion, and don’t invest way more than you usually would to try and make up for a loss. Yeah, it might turn out ok, but it can also go oh so wrong.

Risk Management – Avoid Over Aggressive Trading

Yet another risk management tip that we here at the Income Mentor Box Day Trading Academy have to stress is that you should never trade too aggressively. This goes double if you are a newbie trader that just doesn’t have the experience to be an aggressive trader. It’s just like driving. There is a reason why driving schools always include the words “defensive driving”, because trading defensively, so to speak, is a good risk management technique.

As a new trader, this means that you should not open more than 5 trades at once, and also limit the amount of investment per trade to a few hundred dollars. Just don’t overdo it. It’s much easier to lose trades, and to lose a lot of cash, when you have a ton of big trades open at once. It’s not only about managing risk, but also being able to manage trades, specifically the number of trades you have open. It’s just hard to keep track of things when you have way too many trades open at the same time.

Risk Management – Final Thoughts

The bottom line is that as a day trader, you need to be able to engage in effective risk management. If you don’t know to do this, your profits and win rates will suffer drastically, especially over a long term period. Remember the risk management tips we provided here today, because they are going to come in very handy.

Once again, our Income Mentor Box Day Trading Academy is all about helping you be the best and most profitable day trader you can be. For the low cost of $299, which is a single onetime payment, you will get access to our full course materials. This includes tons of trading lessons, a free EBook, a free signals provision service, and access to a member’s chat room too. Folks, if you want to start making consistent profits through day trading, this is the place to learn!

Getting Over A Big Trading Loss

February 20, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Getting Over A Big Trading Loss

OFFICIAL WEBSITE: IncomeMentorBox.com

Did you just suffer from a big trading loss? Yeah, it happens, and it happens to pretty much every day trader out there. It is something that we here at the Income Mentor Box Day Trading Academy know all too well. With that being said, getting over a big trading loss is very possible, as long as you follow these rules and tips. Let’s help you get over that big trading loss so you can get back to making money on a consistent basis!

Cut Your Trading Loss & Call It A Day

One of the biggest mistakes that newbie traders make after suffering a big trading loss is to keep trading on that same day. Now, you might think that the best idea is to keep trading so you can recoup your losses and make your money back. However, the chances of this happening on the same day as your losses are pretty slim.

The fact of the matter is that you are not going to be clear headed after such a big trading loss. You are going to be angry, rash with decision making, and you won’t be using your brain to trade. Something that we always stress is that you should never trade emotionally. Trading, whether Forex or otherwise, requires a clear head and a sound mind.

Trying to trade when you are already frustrated, after having suffered a big trading loss, is not going to be your best decision of the day. Folks, there are well over 250 weekdays in a year when you can trade. If you suffer a big trading loss, call it a day, collect your thoughts, re-evaluate your plan, and get back to it the next day. There is no need to rush head first into even bigger trading losses.

Accept Responsibility & Figure Out What Lead To The Big Trading Loss

Yes, a big part of dealing with a trading loss is to accept responsibility that it was your fault. There is no doubt about that. Sure, the market may have taken an unexpected turn, maybe you trading platform is not up to snuff, or whatever else. However, the point here is that as a trader, you need to know that you are 100% liable and at fault for losses. There is nobody to go crying to, so there’s no point in blaming anything or anybody else. When you trade, you accept the risk that there might be some big losses in store for you.

However, this is not to say that you cannot evaluate your plans and strategies after a big trading loss. Why did the trade go south? Why did you just lose so much money? Being able to take a close look at the trades you made, and exactly what went wrong, should help you avoid another big trading loss in the future.

Now, this is not to say that it won’t happen again, but if you just start trading again, without knowing why the loss happened in the first place, it most likely won’t end well all over again. Take a few trading lessons, analyze why that big loss occurred, and try to correct whatever can be corrected.

Yeah, sometimes it is all down to luck, but usually big trading losses can be attributed to mistakes, even one small mistake made along the way, and knowing that mistake was can make all the difference. Also, go back to what you know. How were you successful in the first place? Often, going back to your grass roots, what made you successful in the first place, will help you correct errors and avoid big time trading losses in the future.

Put In Some Practice Time To Avoid Another Big Trading Loss

One problem that tends to occur with most people after they suffer a big trading loss is that confidence goes right out the door. Yes, this is normal. It’s not odd if you feel unconfident after having just flushed a few grand down the toilet. Of course, everybody is going to be a bit weary after suffering a big trading loss like that.

However, the issue here is that you really cannot go back into trading if you are not feeling confident. You need to stick to your game plan, trade with your intellect, not your fears. The issue that people will end up not investing enough, holding back, missing trades, and just making bad trading decisions due to a lack of confidence.

Our advice here is that after suffering from a big trading loss, you might want to use a demo account for a few days. Just get back into the swing of things, make sure that you are winning most of your trades in the demo account, and this should get your confidence back up to the point where you should feel good trading with real money. There is absolutely no point in rushing back into big time multi-thousand dollar Forex trades if you don’t have the confidence to do it right. Just go slow and work your way back up the ladder.

Start Out Small When Getting Back Into Trading After A Big Loss

The final piece of advice that we want to give you here today in relation to recovering after a big trading loss is to start out small. Now that you have accepted responsibility, cleared your mind, re-evaluated your trading strategy, and practised on a demo account, you can get back to trading. However, do not start out big.

Start out with just a trade or two, and don’t invest too much money per trade. Don’t jump right back into it trading at the same volume you were when you suffered your huge loss. There is no point in rushing back into it. The market is not going anywhere. So just get your wits about you, get your bearings, and slowly ease back into it.

Getting Over A Big Trading Loss – Final Thoughts

Folks, as long as you follow these tips and rules, you really should not have a problem recovering from a big trading loss. Yes, it sucks, but it happens, and it happens to everybody. Suffering losses in trading is pretty much unavoidable, but it’s how you deal with them that will decide how your trading future looks.

Copy Our Free Forex Signals!

February 19, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Copy Our Free Forex Signals!

OFFICIAL WEBSITE: IncomeMentorBox.com

Here at the Income Mentor Box Day Trading Academy, we are all about helping you be the best Forex and day trader you can be. Sure, a part of this is teaching you the ins and outs of day trading. We do have over 50 day trading video lessons hosted by none other than Andrew himself. We also have a free EBook and more. However, we also want to provide you with easy trading profits through free Forex signals. Yes, that is right, if you are a member of the Income Mentor Box Day Trading Academy, you will have access to our free Forex signals provision service. These Forex signals are super easy to use and will undoubtedly lead you to profits. Let’s take a closer look at our Forex signals service right now!

Income Mentor Box – Copy Our Free Forex Signals!

If you want to trade Forex real fast, and make healthy profits doing so, there is no better way to go about it than to join our Income Mentor Box Day Trading Academy. Here, if you are a member, you will gain access to our Income Mentor Box Facebook page. The main purpose of this Facebook page is to provide you with free signals which you can copy into your own trading platform of choice.

Yeah, we know that finding the right Forex signals to trade with can be extremely hard. This goes double if you don’t know how to perform fundamental analysis and technical analysis, or how to read charts. By the way, this is all stuff, and a whole lot more, that you will learn if you join our academy. Either way, if you go to our Facebook page, you will see roughly 12 Forex signals posted per day. Now, we do also post some CFD, stock, and securities signals, but mostly Forex.

The point here is that using our signals, you do not have to do any research or work at all, because we do it all for you. You literally just have to take the signals as they come, copy them into your trading platform of choice, and you are good to go. These signals come complete with entry prices, stop loss levels, and various take profit levels too. making money really does not get much easier than this!

Income Mentor Box Forex Signals & More!

Of course, providing you with Forex signals to trade with is not all we do here. For the low price of $299, which is a single onetime payment with no hidden fees, we will teach you to be the best day trader you can be. It takes between 2 to 6 weeks to finish the full course, which includes over 50 day trading training videos, a free EBook, a private chat room, more! If you want to quit your 9 to 5 day job and start making big time ROI on a steady basis, our Income Mentor Box Day Trading Academy is where you want to be!

Understanding Leverage & Margin

February 15, 2019February 15, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Understanding Leverage & Margin

OFFICIAL WEBSITE: IncomeMentorBox.com

Here at the Income Mentor Box Day Trading Academy, we know that leverage & margin is a big part of trading. This is a very important topic to be familiar with when trading Forex, CFD, and indices. Let’s take a closer look at his leverage & margin topic right now!

What Is Leverage?

When you want to trade Forex, CFD, and indices, knowing both leverage & margin is very important. First off, let’s talk about what leverage is. When it comes down to it, leverage is borrowed capital to increase your potential returns. In other words, this means that you can trade with more money than you actually have in your account. For example, if you leverage a trade by 10:1, it means that you can make a $10,000 trade with just $1,000 of your own capital.

If you win, it means that you will get 10 times the profits. You can make money trading with money that you don’t actually have. However, of course, this is also very dangerous. The reason for this is because when leveraging, if you lose the trade, you are on the hook for the full amount leveraged, not just for your part of the cash.

In other words, going back to that other example, if you leverage a trade for $1,000 by 10:1, if you lose, you will be on the hook for the full $10,000. So when it comes to leverage & margin, leveraging can be extremely profitable for you, but also very risky. Unless you are a professional trader, here at the Income Mentor Box Day Trading Academy, we would not risk leveraging for the time being. It can be very dangerous, but yes, of course also highly profitable if trades are winners.

What Is Margin?

When it comes to leverage & margin, you do also need to know what the margin is. Well, going back to the example we covered above, the margin is the money you put into a leveraged trade. For instance, if you leverage a $1,000 by 10:1, thus effectively trading with $10,000, the margin there would be the $1,000 of your own capital.

When leveraging, the margin amount of money is needed to open a leverage trade. In terms of leverage & margin, this is an important topic to be familiar with, one that will help you become a better and more profitable trader. Just keep in mind that leverage & margin trades can be very dangerous if not done right, but also very profitable if you do it right.

Take a look at the short video which we have included here. Andy from our own Income Mentor Box Day Trading Academy explains what leverage & margin is, how to use it, the possible benefits, and the potential risks of it.

Leverage & Margin – Final Thoughts

When all is said and done, to learn more about leverage & margin, and the ins and outs of trading in general, you should definitely check out our Income Mentor Box Day Trading Academy. For the low price of $299, you will gain access to a huge plethora of course materials that will turn you into a highly profitable day trader.

Manual Trading: Making €1,000+ DAILY

February 14, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Manual Trading: Making €1,000+ DAILY

OFFICIAL WEBSITE: IncomeMentorBox.com

Today we want to provide you with a lesson on manual trading. As you will see, Andrew made over €1,000 with just 2 trades, and it took only a single hour to achieve. We have the live trading video right here, and the proof is in the profits. Here at the Income Mentor Box Day Trading Academy, we are all about teaching aspiring traders to be the best in the business. Let’s go over some manual trading tips, courtesy of Andrew, and examine how he made roughly €1,100 in just 1 hour!

Manual Trading: €1,000+ In 2 Trades

Just to clarify, here Andrew was able to make over €1,000 in just 2 trades. He did this purely through manual trading, which is usually the standard when trading Forex. Yes, Andrew was able to make over €1,000 in just 2 trades, and it only took a little over 1 hour to achieve these profits. The two trades which he placed were USD/JPY and GBP/USD.

Combined, they produced well over €1,000 in profits. Today’s manual trading lesson is all about how you can replicate Andrew’s profits, all courtesy of the Income Mentor Box Day Trading Academy. It’s all about making life easier for you and teaching you how to make big money through manual trading. In order to get full lesson on every Forex and day trading, join our Income Mentor Box Day Trading Academy.

Manual Trading: Support And Resistance

One of the strategies which Andrew from our Income Mentor Box Day Trading Academy uses to place the right trades, and to close them at the right times, is support and resistance. Knowing how to use support and resistance lines is crucial for manual trading, and it will help you determine when to close trades, when to open them, and in which direction to trade as well. As you can see from the video, we place a lot of faith in support and resistance, and more times than not, it turns out to be very reliable and highly profitable.

Here we closed these trades on live video. This is because for manual trading, there are no other traders or trading academies out there which do live trades, showing real profits and real trading methods. The whole point of us doing this manual trading video and closing trades live on video is so that you know that our strategies are real, that they work, and that this is the real deal. It’s solid proof that Andy’s manual trading using support and resistance actually works. This is how you can make good money on a daily basis through manual trading.

Manual Trading: Using The Best Currency Pairs

One of the things which we cannot stress enough, is that to make profitable trades, you need to pick the right currency pairs for Forex. Yes, there are many different pairings out there to choose from. However, not all of them have the same volatility, reliability, and overall profit potential. As you can see from the manual trading video, Andy has a few currency pairings which he favors over all others.

These are usually the best currency pairs to trade with, the ones with the most profit potential when manual trading is involved. Generally speaking, the very best currency pair to go with is the EUR/USD pairing, as it has a high level of liquidity and the highest order flow as well. Some other currency pairings which are fantastic to trade with include USD/JPY, USD/CHF, AUD/USD, EUR/CHF, USD/CAD, GBP/JPY, and GBP/USD. If you stick to these various currency pairs we have listed here, the potential for profit drastically increases when compared to other currency pairings.

Manual Trading – Economic Calendar & 3 Bull News

Another big manual trading tip, courtesy of our Income Mentor Box Day Trading Academy, is to always go to investingnews.com and check the economic calendar. For one, make sure that you select the time zone which you are in. What you are looking for in this economic calendar are news releases. If you are trading with any given currency, you want to ensure that there are no significant news releases coming out.

This goes double for 3 Bull News. If a currency, such as the EUR, is experiencing 3 Bull News, you want to avoid trading with it for the time being. Never trade with any particular asset when said asset is experiencing 3 Bull News. So, for manual trading, compare the favorite currency pairs listed above, and then check the economic calendar for 3 Bull News. Keep an eye on 1 and 5 minute charts, look at the support and resistance lines, and make sure to pay attention to news releases.

Please do keep in mind that here we are only providing a rudimentary explanation of how to make good money through this kind of trading. If you want the full lesson, watch the full manual trading video. For even better and more in depth lessons, you should join our Income Mentor Box Day Trading Academy.

Manual Trading Tips – Final Thoughts

There you have it folks, a relatively simple explanation and tip session on how you can maximize profits and choose the right trades when trading. Always use the favorite currency pairs which Andrew discussed, and always check the news releases for news releases related to these currencies. Remember your support and resistance lines as well!

Like we said before, for a more in depth lesson on manual trading, please check out the embedded video and join our Income Mentor Box Day Trading Academy. Here we also provide many other lessons, including over 51 video tutorials for Forex and day trading, an EBook, a private chat room, and more.

Here at the Income Mentor Box Day Trading Academy, we even provide trading signals for manual trading. All you have to do is copy and paste our manual trading signals into your own trading platform, and you can make money just like Andrew does in his live videos. Folks, he made over €1,000 in 1 hour, with 2 trades. This could be you!

Calculating PIP – What & How

February 13, 2019February 13, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Calculating PIP – What & How

OFFICIAL WEBSITE: IncomeMentorBox.com

We here at the Income Mentor Box Day Trading Academy want to teach you to be the best day traders you can be. One fundamental and crucial piece of knowledge you need to be successful has to do with PIPS. You need to be familiar with the PIP, you need to know what this means, and you need to know how to calculate PIP too. Let’s take a closer look at this subject right now.

What Is A PIP?

Technically speaking, PIP stands for “percent in point” or alternatively, “price interest point”. This is a unit of measurement, or specifically a unit of change in an exchange rate or in a currency pair. In other words, a PIP signifies the difference between the price of an asset, or the difference in value in a pairing, from one point in time to another.

A PIP is most often used to measure gains or losses, and is calculated using the last decimal point in the currency pair listing. A PIP is usually measured in the equivalent of 1/100^th of 1%, or in other words, 1 PIP is usually a change in the value of the numeral which sits in the fourth spot past a decimal point. This is how you measure exactly how much money was made or lost through currency pair, Forex, trading.

How To Calculate PIP

Of course, if you are going to be a professional and successful day trader, you need to know how to calculate a PIPS. This is very important if you want to be a true day trader that knows that you are doing. So, calculating PIP is actually very easy.

First, let’s take a currency pair such as EUR/USD. If The price of this pairing right now is 1.0001 (it usually will not be like this, but we are keeping it simple, hence the “1.0001”). At any rate, if the value of the EUR/USD pairing then changes to 1.0011, you would have a PIPS increase of 10 PIPS.

As we noted before, one single PIP is the fourth numeral after the decimal place, ie, 1.0001. Yes, this can be a bit complicated to understand at first, but once you have calculated PIPS difference a few times, it should become fairly easy for you.

For a lesson on calculating PIPS in full, please check out the video which we have embedded here. Andrew from our Income Mentor Box Day Trading Academy does a really great job at explaining it. However, if you want a truly comprehensive lesson on the subject, it is recommended that you join our Income Mentor Box Day Trading Academy. In this lesson, you will also learn how to calculate PIPS value, or in other words, how much the PIP value change actually reflects a change in the overall price of a trade.

Calculating PIP – Final Thoughts

Folks, we haven’t covered everything here, but we have outlined the basic in terms of what PIPS are and how to calculate it. For a more in depth lesson on this particular subject, please join our Income Mentor Box Day Trading Academy! Keep in mind, we here at the Income Mentor Box Day Trading Academy also provide free Forex, CFD, stock, and indices signals for you to trade with. Just copy them into your trading platform of choice and you are good to go! We even do a monthly $500 giveaway with 3 lucky winners every single month!

Fast Short Term Profits With Indices

February 12, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Fast Short Term Profits With Indices

OFFICIAL WEBSITE: IncomeMentorBox.com

Here at the Income Mentor Box Day Trading Academy, we know that people want to make fast and easy short term profits. After all, there really is nothing better than making a pile of money in a limited amount of time. However, of course, this is a bit easier said than done, and as a newbie, you might not know how to achieve these short term profits.

Well, this is what we are here for today, to teach you how to make fast short term profits. Specifically, today we are here to help you make fast short term profits through indices trading. We are going to tell you about the best indices to trade with, as well as how to find the best indices for short term profits. Let’s learn, trade, and profit!

Favorite Securities & Indices For Short Term Profits

When it comes to making good short term profits, you do need to have the right securities, indices, and indices to trade with. Today, Andrew and the Income Mentor Box Day Trading Academy wants to teach you how to make great short term profits using indices. The first thing that you need to do is find the right and best indices to trade with. As an experienced day trader, Andrew knows some of the best securities and indices to choose for trading.

For example, as he notes in the video which we have included here, one of his favorite indices to trade with is DAX. As you can see in the video, Andrew just placed a DAX indices trade, and it turned out to be quite profitable. Generally speaking, DAX is a great option to trade with if you want to make quick short term profits. In terms of short term profits, Andrew made over 350 Euros in pure profits with this specific DAX trade. There are some other really good indices to trade with, ones that are usually quite volatile. These include indices such as S&P, Dow Jones, FTSE, and NASDAQ.

Please do keep in mind that here we have really only scratched the surface in terms of making great short term profits with indices. If you want a full lesson on this subject, please join our Income Mentor Box Day Trading Academy for a more comprehensive lesson. It’s a low onetime payment of $299, and you will gain access to all course materials including over 50 video tutorials on day trading, including ones such as this short term profits indices lesson.

How To Find The Best Trades For Short Term Profits

When it comes to trading indices, of course, you have to be able to find the right securities to trade with. Then, the question becomes how do we find the best indices to trade with to achieve great short term profits? Well, as Andrew of Income Mentor Box Day Trading Academy notes in this video, one of the best ways to find the right securities to trade with is by going to tradingview.com. This website is completely free to use, which is nice.

To find indices for short momentum trades and short term profits, go to “markets” and go to the indices section. Keep in mind that tradingview.com offers all kinds of asset types to analyze. One of the reason why using indices is great for generating short term profits, is because many of them are highly volatile, and therefore offer great short term profits opportunities.

Anyway, when looking at the indices on tradingview.com, you can rate them from strong buy and strong sell. In other words, if the website lists DAX as strong sell, you know that it is a surefire way to make short term profits by selling DAX. This is exactly what Andrew did in order to make big profits the other day. Most brokers will all have DAX, so this should not be a problem for you.

Keep in mind that in order to find the best indices trades, Andrew will use support and resistance, usually in combination with 5 minute charts. Ideally, before you hit the buy or sell button, for short term profits, you should always look at the 1 minute chart as well. It’s a great way to find the best trades to make. On a side note, here at the Income Mentor Box Day Trading Academy, we have a great video tutorial on support and resistance trading. Once again, for full and comprehensive lessons on this matter, there is no better place to learn than through our Income Mentor Box Trading Academy.

Income Mentor Box – Free Copy Signals & Giveaway!

There is also another great way in which you can make short term profits through our Income Mentor Box Day Trading Academy. Here we offer a free signals provision service. If you join our academy, you will gain access to our Facebook page where we post around 12 trading signals per day. If you want to make short term profits, these are trades you want to place.

We provide indices, stocks, CFD, and Forex signals to trade with. Moreover, trading using our signals could really not be any easier. The signals we provide come complete with entry prices, take profit levels, and stop loss levels too. All you have to do to make short term profits is to copy and paste these signals into your own trading platform as they appear. It really does not get any easier than that.

Furthermore, when it comes to short term profits, it really does not get any easier than enrolling in our Income Mentor Box Day Trading Academy free giveaway. Every single month, we do a $500 giveaway where 5 lucky winners get $500. We do this every single month, and every month there are 3 lucky winners. Now, this might not qualify as short terms profits through trading, but it certainly is free money that you can put in the bank.

Income Mentor Box Short Term Profits – Final Thoughts

As you can see, making fast short term profits through indices trading really is not that hard, as long as you know what you are doing. If you want to become a professional day trader and trade indices like a pro, our Income Mentor Box Day Trading Academy is hands down the best place to perfect your skills.

Stop Loss & Take Profit Explained!

February 11, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Stop Loss & Take Profit Explained!

OFFICIAL WEBSITE: IncomeMentorBox.com

Here at the Income Mentor Box Day Trading Academy, we want to teach you how to become a professional day trader. It is all about learning to trade Forex, CFD, stocks, indices, and more. The main goal is to help you become a profitable day trader so you can quit your 9 to 5 day job. Today we are here to talk about stop loss & take profit. Here we have a little mini tutorial on stop loss & take profit just to get you started. If you want a more in depth tutorial on stop loss & take profit, we would recommend joining our Income Mentor Box Day Trading Academy for the full scoop.

Stop Loss

In terms of stop loss & take profit, the first half of this is stop loss. Being able to understand and set an appropriate stop loss level is very important. This is an important part of Forex and other kinds of trading because it allows you to cut your losses when a trade is going south, before the full investment is lost. For instance, if you invest $100 in a certain asset, you can set the stop loss order to $75. Therefore, if the value of your investment decreases past $75, the position will automatically close, thus saving $75 before further losses are incurred. Stop loss levels can usually be set in pips, percentage points, or at specific price levels too.

Take Profit

When it comes to stop loss & take profit, one half of this important trading factor is of course take profit. Take profit or target price refers to placing an order where you inform your broker to close a trading position when a certain ROI or profit level has been reached. For instance, if you make an investment of $100, you can set the take profit level at $125 or 25%. This means that the trade will automatically close when that specific target is met. It’s a good way to ensure that you secure profits before things turn south. You can usually set a take profit order in percent or at a specific price level.

Cut Your Losses & Don’t Get Greedy

The important thing to note about stop loss & take profit levels is that they allow you to cut your losses or make sure that you walk away with profits. In terms of stop loss, setting a stop loss level allows you to salvage part of an investment before even more money is loss. A take profit order is great because it ensures that you walk away with a certain level of profits before a trade potentially turns south. It’s all about ensuring profits and minimizing losses.

Stop Loss & Take Profit – Final Thoughts

As you can see, it is indeed very important to be familiar with stop loss & take profit. This is an essential part of Forex and other kinds of trading. It comes in handy for minimizing losses and ensuring that you walk away with some profits. This is something that we here at the Income Mentor Box Trading Academy really cannot stress enough.

Folks, if you want to learn how to become a professional and successful day trader, our Income Mentor Box Day Trading Academy is the place to learn. For a low onetime payment of $299, you will get full access to all course materials. This includes far more in depth day trading tutorials than the one you saw here today, plus a whole lot more as well.

Fundamental Analysis vs Technical Analysis

February 11, 2019 Fabian FabianLatest News / NewsLeave a comment

Fundamental Analysis vs Technical Analysis

OFFICIAL WEBSITE: IncomeMentorBox.com

Here at the Income Mentor Box Day Trading Academy, our main goal is to help you become a successful day trader. The biggest part of our program is to provide you with various trading lessons and tutorials on a wide variety of topics. For the low cost of $299, you can join our academy and gain full access to all course materials, which includes of 51 video tutorials that cover all of the ins and outs of day trading. When it comes down to it, there is really no better place to learn this stuff, especially when it comes to topics such as fundamental analysis vs technical analysis.

One of the more recent trading tutorials led by Andrew himself, the leader of the Income Mentor Box Day Trading Academy, covers analysis. To be specific, this tutorial is all about fundamental analysis vs technical analysis. Now, the free video is already pretty comprehensive on this subject, but if you join our academy, you will get access to the full lesson. Let’s do a quick rundown of this technical analysis vs fundamental analysis topic so you know what awaits you.

Fundamental Analysis

When it comes down to it, as you will learn from Andrew, fundamental analysis is a method of evaluating assets by measuring the intrinsic value of them. When you engage in fundamental analysis, you look at factors such as earnings, liabilities, expenses, and assets. Moreover, you also look for the overall economy, the state of the industry, and the current financial condition of the stock, asset, or currency in question.

Technical Analysis

There is a big difference when it comes to fundamental analysis vs technical analysis. The main point here is that technical analysis functions by looking at graphs and price charts of a certain asset type or class to figure out certain patterns. The point of technical analysis is to try and recognize in which direction a price will go, and how far it will go, based on past patterns. Simple moving averages, support and resistance, trend lines and momentum-based indicators are all examples of technical analysis.

Mistakes People Make

There are some really big mistakes in regards to technical and fundamental analysis which even trading schools will teach. Here at the Income Mentor Box Day Trading Academy, we know these mistakes.

For instance, one of the biggest mistakes newbies make is to think that fundamental analysis is far more important than technical analysis. However, this is simply not true, as both of these analysis methods can be really useful.

For a full rundown of the mistakes which people make in regards to fundamental analysis and technical analysis, please view the video embedded here. Even better, for a fully comprehensive lesson on the subject, join our Income Mentor Box Day Trading Academy today.

Fundamental Analysis vs Technical Analysis – Conclusion

If you want to learn everything there is to know in regards to this issue of technical analysis vs fundamental analysis, please join the Income Mentor Box Day Trading Academy. It’s hands down the best way for you to become a knowledgeable and profitable day trader.

Income Mentor Box IMPORTANT INFO!

February 8, 2019February 8, 2019 Fabian FabianLatest News / Latest News / NewsLeave a comment

Income Mentor Box IMPORTANT INFO!

OFFICIAL WEBSITE: IncomeMentorBox.com

He guys, we are here to provide you with some very important information regarding our Income Mentor Box Day Trading Academy. People have been asking us some questions, and we are here to answer. There has been some confusion in regards to course materials, trading signals for members to copy, the price of the course, and more. Today we are here doing this Income Mentor Box Day Trading Academy information session to clear up any confusion that might be out there.

Income Mentor Box – A Low Onetime Payment

Something that we have been getting a lot of questions about, as there seems to be some confusion, is the pricing of our Income Mentor Box Day Trading Academy. Folks, the only cost you will ever have is a single onetime payment of $299. This is the only payment you will ever have to make. There are no upgrades requires and there are no hidden fees. This is not like one of those pay to win games on your smartphone.

This is the real deal, and while we do need to charge a reasonable price, we aren’t in the business of charging your more fees down the road. We are here to help you become professional traders without having to compromise your financial security to do so. With a onetime payment of $299, you will gain full, unlimited, and lifetime access to all of our course materials. This includes Income Mentor Box Day Trading Academy trading tutorials, an EBook, free signals to copy, and more.

Income Mentor Box – Free Signals To Copy

Something that you should definitely be able to appreciate about our Income Mentor Box Day Trading Academy is that we provide free trading signals on a daily basis. When you join the academy, you will gain access to our exclusive Facebook page. On this Facebook page, Andrew and his colleagues post trading signals. These signals are posted daily, with up to 12 trading signals being posted each day.

The signals are closely scrutinized and only the best of the best are chosen. They are always brand new, but of course, you do want to stay on top of them, because you want to place your trades using these signals as fast as possible. Keep in mind that these trading signals can take the form of Forex, CFD, indices, commodities, and stock market signals too. Keep your eye on them, because this is a really easy way to make money.

All of the signals which Andrew posts come complete with entry prices, stop loss levels, and take profit levels. Therefore, the only thing left for Income Mentor Box Day Trading Academy members to do, is to copy the trades into the trading platform or broker of choice. Even better is that Andrew uses these very same signals to place his own trades, so you can see them making money in real time. They are profitable signals, with the vast majority of them being winners on a consistent basis.

Income Mentor Box – Dozens of Trading Tutorials

Perhaps the best aspect of our Income Mentor Box Day Trading Academy is the fact that you will learn literally everything there is to know about trading. This is all thanks to the dozens and dozens of day trading videos, lessons, and tutorials which Andrew does on a daily basis. Now, his YouTube channel is full of great trading videos and lessons.

However, of course, if you want the full lessons, really comprehensive and complete lessons, you do have to join our Income Mentor Box Day Trading Academy for full access. With that being said, Andrew has uploaded some really good day trading tutorials to his channel as of late, ones which will get you started and introduce you to the Income Mentor Box Day Trading Academy.

Just some of the Income Mentor Box Day Trading Academy he has made available include support and resistance training, price action tips, buy stop and buy limit lessons, take profit and stop loss tips, moving averages, Bollinger Bands, how to find good CFD and Forex trades, and much more. If you want to learn how to trade really well, we would definitely recommend taking a look at these videos.

Income Mentor Box – Monthly $500 Giveaway With 3 Winners

One thing which we want to reiterate here today is that we here at the Income Mentor Box Day Trading Academy are doing a free giveaway. To be exact, Andrew is ponying up is own cash to give to 3 lucky winners each month. Every single month, there will be 3 lucky winners, each of which will win $500 courtesy of Andrew. It really does not get any better than being able to rake in some free cash.

All of the Income Mentor Box Day Trading Academy giveaway winners are chosen at random. When you sign up for the giveaway, your email address will be entered into the list of contestants. An online randomizer is then used to pick the 3 winners for the month. This is the real deal, and there are always 3 winners. Just take a look at the video below to see who the 3 lucky winners were for this month.

Income Mentor Box Important Info – Final Thoughts

Folks, we would love to have you join the Income Mentor Box Day Trading Academy. After all, for the low price of $299, you are not going to find a better, more comprehensive, or easier to understand day trading school than this. Moreover, you get access to a plethora of educational content that will turn you from a newbie into a serious trading professional.

With access to free trading signals that you simply have to copy, dozens of video lessons, a private chat room, and an EBook, you really cannot go wrong. The Income Mentor Box Day Trading Academy is the number one place to learn how to be a successful Forex, stock, commodities, CFD, and indices trader!