My Journey to Being a Winning Trader

My Journey to Being a Winning Trader

Hey all, my name’s Scott Daniels, and I am now a fulltime professional trader, a winning trader who makes enough money in about 30 hours of trading per week to support myself, my family of four, and a few dogs too.

However, I wasn’t always a winning trader, and in fact, I’ve only been seeing such a great degree of success for the past few months. The fact of the matter is that once I had some solid training and trading education under my belt, I was well on my way to a happy and well balance life. When it comes down to it, I’ve got the Income Mentor Box Day Trading Academy to thank for this.

However, before I start talking about what Income Mentor Box was able to do for me, let me start at the beginning. This is the story of how I went from being an unhappy chef, working long hours for little pay, to being a winning trader that can easily support a whole family and who has plenty of free time to spend with that family.

Hey All, I’m Scott Daniels

Life Before Being a Winning Trader

If there is one thing that is for certain, it’s that I was not at all happy with where I was at in life before becoming a winning trader. It’s pretty funny to say that, seeing as I was actually an executive chef at a five star restaurant. By all means, when compared to most other working folk out there, I had it alright.

I was earning a decent paycheck no doubt, but that said, I was working over 80 hours per week, sometimes over 90 hours per week, slaving away in a boiling hot kitchen, and cooking food for ungrateful people. It certainly was not ideal, especially seeing as I never got to see my family or spend time with my family.

For all of these reasons, I decided that I wanted something bigger and better. I had seen many people on YouTube and online, so called professional traders who were making thousands of dollars with ease, doing nothing but sitting in front of their computer and trading currencies. This definitely sounded like a fantastic way of life to me.

So, I figured, what the heck, and I started trading. Well, I invested $3,000 initially, and who would have guessed, I lost it all, every last penny.

As it seems, starting trading isn’t something you just do with no prior experience or training. Apparently, trying to trade without knowing how to do so is nothing more than a recipe for failure. For this reason, I decided to take an online trading course, which mind you, wasn’t particularly cheap.

My First Attempt at Learning to Trade

So, I decided to take some random online trading course that promised that I would become a winning trader in just a couple of weeks. This course cost me upwards of $1,000, and as I quickly figured out, it was not a good course. It consisted of just 20 lessons, and they honestly were not very detailed or helpful.

The teacher sounded like a monotonous robot reading a script. He didn’t give a darn if we actually learned anything. This trading course wasn’t about helping us, the students, make money, but rather about sucking us dry of our money. It was really just a scam designed to take my money. The lessons were more or less incomplete, the teacher was terrible, and there was no way to communicate with him or to ask questions.

As I quickly figured out, both from this and from asking around, many online trading courses are like this. I even tried using the “skills” (skills being a word I use very loosely here), to place some trades. Yeah, so, I won 2 out of 30 trades I placed. As you could Imagine, I was not happy. I used every tool and skill this course provided me with, which is obviously not much at all, and it just made me lose more money.

Well, at this point I was totally disillusioned with the whole trading thing, and just wanted to call it quits. However, I still wanted to make a better living, and I still wanted to spend more time with my family, so I searched around one last time to see if I could find a decent trading course that could indeed turn me into a winning trader, and this is when I came across Income Mentor Box.

Becoming a Winning Trader with Income Mentor Box

When I first saw Income Mentor Box, I figured that it was just another money grab like the other courses I had seen. However, from the hundreds of positive reviews and testimonials I read, it definitely seemed like the real deal. So, I figured what the heck, let’s give it one last shot, and boy am I ever happy that I did.

Folks, it’s no joke when I say that this trading course, Income Mentor Box, is legit, the real deal no doubt. I was pleasantly surprised by the fact that the curriculum consisted of well over 50 full length, comprehensive, and easy to follow training tutorials. These lessons were very well organized and structured.

They actually started off with the simple basics, and then slowly moved along to the more complex stuff. Not only were the lessons designed in such an order to allow me to build upon each one in a consecutive manner, but the lessons themselves were also very easy to follow along with. Andrew has this way of explaining everything with his words, and then using live trading examples, to make all of these super difficult trading concepts easy to understand.

Now, I was never one to say that learning can be fun, but in this case, I got as close to having fun learning as I ever have. The most fun part of all was being able to put these skills to use. What I also have to say about Andrew is that he is very approachable, by which I mean that I was always able to contact him to ask questions when I didn’t understand something, and he always gave me detailed and helpful responses.

Now, while $299 seemed like a lot of money to spend at the time, it was still a fraction of the cost as other trading classes, and it provided me with way more value. For under $300, I was provided with all of the tools and skills I needed to become a winning trader, and it was all taught to me by a friendly, approachable, and ready to help teacher.

My Life Today

Now it’s been just about a full year since I completed the IMB trading course, which mind you, took me a couple of months, and I am now indeed a winning trader. Keep in mind that when you join Income Mentor Box, you can take as long as you like to work your way through the course. I did have some trouble points, and some of the lessons were more difficult than others. I actually watched some of the lessons up to three or four times.

The fact that IMB provides full and unlimited access to all course content for the rest of your life is a big deal no doubt. Sure, I was told that some people take a couple of weeks, but I took a couple of months, and that’s just fine.

Anyway, now that I’m done the course, I’m winning anywhere from 70% to 90% of the trades that I place, which is of course great. Thanks to Income Mentor Box, I was able to quit my job as a chef. I can now spend as much time with my family as I want, while also making a lot more money than before.

I make more money now trading 30 hours per week than I did cooking 90 hours per week, way, way more money. I don’t regret joining Income Mentor Box for a single second, as it provided me with the tools and skills I need to be a winning trader, to be happy and successful, and to spend more time with my loving family.

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5 Tips to Improve Your Trading Results

December 10, 2021 AndyLatest News / Latest News / NewsLeave a comment

5 Tips to Improve Your Trading Results

As a beginner trader, you might think that simply trading on a regular basis is enough to make you a great trader. Sure, there is a lot to learn, and you can certainly put in a lot of hours. However, just spending time around the markets and putting in the hours won’t necessarily improve you trading results or make you a great trader.

The simple reality is that if you are a losing trader, putting in more hours into trading will just result in greater losses. Constantly trading without learning the right skills and following the right methods will just help engrain bad trading habits too. To help improve you trading results, you need to make some deliberate choices, the right choices.

Today, we want to talk about the five most important tips to improve your trading results. As you are about to find out, these tips aren’t anything super groundbreaking, but the simple things are often the most important ones. If you want to improve your trading results, take a closer look at the tips that we have outlined below.

Tips to Improve Trading Results

Let’s now take a look at five important tips you need to adhere to in order to improve your trading results on a day to day basis.

Focus on Being in the Right Mindset

One of the most important things that you need to do to improve you trading results is to have the right trading mindset. This means that you need to be present in the moment, focuses, and have a clear head. Also, make sure that you are focused on trading 100%. This means that you aren’t answering emails or going on social medial in the middle of trading.

You need to visualize your trading plan in your head, then execute it to the fullest of your abilities. Another good idea to make sure that you are well prepared for a day of trading is to go check the economic calendar to see if there are any big events or news releases. Big surprises and unexpected events can throw a wrench into the gears and really affect your mindset.

The bottom line is that your trading results are never going to improve if you aren’t focuses, and if you are upset, angry, or are even avoiding trading. Remember folks, it takes a single bad trade on a single bad day to wipe out your trading account. Everybody is different, but you need to find a way to relax and to achieve mental clarity before you start trading on any given day.

Get Some Assistance

If you want to improve your trading results, you should definitely try getting some help. The reality is that without someone in your corner to give you some discipline, trading becomes much harder. If you have someone that you are accountable to, then you won’t make as many lapses in judgment when trading.

You could go find yourself a trading coach or a mentor. Heck, the person you get assistance from doesn’t even have to be a trader.

Something you should try doing is to show someone your trading plan, and then your trading results. This type of accountability is often enough to keep traders in line. It helps prevent lapses in judgment, and therefore helps to improve overall trading results. To improve your trading results, you can also try going to some forums and asking professionals for feedback.

The bottom line is that if you can get help from an outside source, from people who can be objective, it’s going to help you out a lot. Of course, there are also many resources out there designed to help people learn how to trade. One of these resources is the Income Mentor Box Day Trading Academy, one of the best trading schools out there right now. If you have people to help teach you the skills you need to know to win trades, then it’s undoubtedly going to help improve your trading results.

Don’t Rely on Other’s Opinions

Ok, so we did say that getting outside help is a bonus, especially when it comes to a professional and dedicated educational source. Sure, discussing strategies and your performance with someone who knows what they are talking about is good too. However, something that you should avoid doing is asking other people’s opinions on specific trades.

You have your trading plan, and you need to trade your way. If another trader says that they will sell when you plan to buy, you need to follow your plan, not theirs. This is especially the case if you are employing a time tested and proving trading strategy that is shown to produce great trading results. Moreover, everyone trades differently, and you need to find out what works best for you.

You can’t keep changing your mind based on what forums, television, news, and other people say. This will do nothing but cause stress, you will start to doubt and second guess yourself, and this won’t help you improve your trading results at all. Put a lot of work and time into refining your own trading strategy, and don’t let someone else ruin it for you.

You Need to Put in the Practice

Yes, developing and refining your own trading strategy is vital to your success and your trading results. However, even easy newbie friendly trading strategies can be difficult to execute under live market conditions. Trends, pullbacks, and everything in between change on a daily basis. Yes, you have your textbook examples that you follow and base your trading on.

Yet, the live market is never going to look exactly like the examples. This means that to improve your trading results, you need to become better at thinking on the go and trading on the fly. You need to be able to adapt, improvise, and overcome.

To help make you a better trader, you want to take some proven trading strategies that you have refined to suit your style and strengths, and then practice it relentlessly. The best bay to do this is to use a demo trading account. This will allow you to trade under real market conditions, all without having to risk real money.

This way, you can endlessly practice, refine, and hone a strategy to the point where it will greatly benefit your overall trading results. It’s all about building muscle memory, developing the ability to improvise, and being able to make small adjustments for the market conditions on any given day. You want to learn the hard lessons in practice sessions, not when real money is on the line.

Record Your Trades & Analyze the Results

In order to improve your trading results in the future, perhaps one of the most important things you need to do is to analyze your past trading results, all of them. The best traders out there will record all relevant info from all trades, and even take screenshots.

You want to analyze what your trading results were like in terms of your stop loss levels, profit targets, entries, exits, and all of your analysis notes too. You want to be able to review this information at any time to see where you went wrong, or maybe even where you went right. A so called trading journal goes a long way because it can show you exactly what you did in certain market conditions, and what those trading results were like.

You want to review those trades on a weekly basis, and really put some time into analyzing what went wrong. If you review all of your trades side by side, you should be able to find the most common mistakes that you often make. If you can identify your common trading mistakes, it should go a long way in helping you improve your trading results.

Consistently Improving Your Trading Results

Folks, if you follow the tips that we discussed above, you should be able to consistently improve your trading results.

Make sure you are accountable to somebody, get help when needed, make sure you’ve got the right mindset, record all of your trades, analyze them for common mistakes, and more.

Remember, practice makes perfect, and using a demo account to practice trading is definitely something that can help improve your trading results. To get you started on the right foot, getting a trading education is definitely recommended.

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Learning with Stock Trading Mentor Box

December 8, 2021 AndyLatest News / Latest News / NewsLeave a comment

Learning with Stock Trading Mentor Box

OFFICIAL LINK HERE

If you want to start making some real money, then you are probably thinking about trading the stock market. Of course, the stock market is one of the biggest markets in the world, so there is definitely a huge opportunity to make money. With that being said, if you don’t have the right skills and tools, then you are not going to be successful. People hire stockbrokers for a reason, and it’s not because they are lazy, but rather because trading the stock market is not as easy as some people would have you think. However, this is where one of the world’s at best educational resources comes into play, Stock Trading Mentor Box.

In case you did not know, Stock Trading Mentor Box is at this time one of the most trusted stock market trading schools in the world. Although Stock Trading Mentor Box is not all that old, only a few years old, in that time it has managed to gain a whole lot of popularity. The reason for this is quite simple, because it actually works to teach even the most clueless of newbies how to trade the stock market in a very profitable and consistent manner. What we want to do right now is to take a much closer look at Stock Trading Mentor Box to see exactly how it can help you become a professional and profitable trader.

What is STMB?

Stock Trading Mentor Box is a 100% online school designed to help newbies learn how to trade the stock market period of course, being able to learn from the comfort of your own home is a huge benefit. Moreover, the fact that you can learn on your own time is also extremely beneficial.

The reality is that once you are a member of Stock Trading Mentor Box, you are a member for life, and for one low cost, you get limited, full, and lifetime access to all course content. This means that you never have to get up off your couch, and you can choose to take one week, one month, or one year to work your way through the curriculum.

Let’s keep in mind that most people take anywhere from two to four weeks to work through the Stock Trading Mentor Box curriculum. The bottom line here is that this is a stock market trading school that will teach you all of the relevant skills that you need to know to be a self sufficient, proficient, and profitable stock market trader.

The Teacher of Stock Trading Mentor Box

The teacher of Stock Trading Mentor Box is Andrew a period you might know Andrew from Andrew YouTube trading channel, or from the Income Mentor Box day trading Academy. The point here is that Andrew is a well known figure in the day trading community.

He is a very popular trader and personality. he has been in the trading business for well over a decade, and has made quite a name for himself in that time. He is a very successful and well versed stock market trader, forex trader, cryptocurrency trader, and more.

He makes a full time living being a traitor, and now he wants to teach you how to do the same. What people also have to say about Andrew is that he makes for an excellent teacher. He has this way of explaining all of these difficult concepts in ways that are really easy for beginners to conceptualize and to understand.

VISIT ANDREW’S TRADING CHANNEL

People all say that learning from Andrew is very easy, and some even think that it’s quite fun. The fact that some people say that Andrew makes learning fun is definitely a big deal, because learning is usually never fun.

What You Will Learn

What you need to know about stock trading mentor bots is that the curriculum consists of over 50 full length video tutorials. These video tutorials are extremely easy to follow and also very comprehensive.

The teacher, Andrew, explains everything in great detail, and then backs everything up with visual video examples. In other words, to teach you how to trade the stock market, and to trade live on video for you to follow along with. People agree that this is one of the easiest to follow along with stock market trading schools out there.

In terms of the actual content, each of the 50 lessons covers a different topic. Just take a look at the image featured below for an idea of exactly what you will learn here.

Just some of the things that Stock Trading Mentor Box will teach you include all about indicators, standards, and the best trading practices, as well as how to create daily watchlists, how to master day trading and swing trading channels, how to have a successful mindset, all about trading analytics, and much more.

The simple reality here is that you will learn every single skill that you need to know in order to be a profitable stock market trader.

The Cost of Stock Trading Mentor Box

What really stands out about this stock market trading school is the fact that it comes to us at a very reasonable price. Membership in this Academy costs just $399, which is a much lower price than you will find anywhere else, and all for the same education.

That said, who are we kidding, because the education that you get here is much better than anywhere else. Let’s keep in mind that the $399 you have to pay is a one time payment, and there are absolutely no hidden, recurring, or additional fees of any sort. However, the deal doesn’t end there, because you also get one of the world’s best indicators included with your membership.

The Ultimate Profit Scalping Indicator

What is of course very important to note about Stock Trading Mentor Boxes the fact that it comes complete with a free indicator period now, this is not just any indicator, but one of the most modern, newest, and most accurate scalping indicators. This is of course a scalping indicator, which means that it is designed for short term trades, and is therefore ideal for newbies who want to make fast and easy profits.

This particular indicator, the UPSI, has the ability to provide you with profitable buy and sell signals for a variety of market types. This indicator can be used to provide you with signals for forex currency pairs, the stock market, crypto currencies, and more or less everything else in between.

This particular indicator is extremely accurate, and will have you win in trades at least 90% of the time. Let’s keep in mind that this indicator does come included with your membership in Stock Trading Mentor Box. Although, if you don’t want to join the school, but you still want the indicator, then you can purchase it separately for $299.

The Bottom Line on Stock Trading Mentor Box

What it all comes down to here is that if you want to learn how to trade the stock market in a profitable and consistent way, then Stock Trading Mentor Box is definitely the best place to learn from. Not only will you learn all of the relevant skills that you need to know to be a profitable trader, but you will also get access to one of the world’s best scalping indicators out there, the UPSI.

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Using the UPSI Indicator to Win Trades

December 3, 2021December 3, 2021 AndyLatest News / Latest News / NewsLeave a comment

Using the UPSI Indicator to Win Trades

If you are just getting into the world of trading, then you might be having trouble winning trades. The fact of the matter is that trading is of course not easy. This is the case whether we are talking about stock market, forex, or cryptocurrency trading. However, with the right tools in your arsenal, you can place trades and win them on a consistent basis. What we are talking about here today is the UPSI indicator.

This is a relatively new trading indicator that has only been around for about one year. However, in that short amount of time, it has managed to make a massive impact on the trading community. The reason for this is because the UPSI is an extremely reliable indicator that provides you with amazing buy and sell signals that you can then place trades on. It’s an extremely user-friendly indicator that doesn’t take much knowledge to use.

The UPSI indicator has managed to provide thousands of people with extremely positive results. This is perhaps one of the most profitable and user-friendly scalping indicators on the market at this time. What we want to do right now is to take a much closer look at this UPSI indicator to see exactly what it is and what it can do for you.

The UPSI in a Nutshell

First and foremost, UPSI stands for ultimate profit scalping indicator. In case you don’t know what an indicator is, or what scalping and trading is, then no worries because we will explain both of these things right now. What you of course need to know first is what exactly an indicator is. When it comes to trading, an indicator is a technical analysis tool that is a mathematical calculation based on a security’s price and/or volume.

It’s also important for you to know what scalping and trading is. When it comes to trading Forex, crypto currencies, the stock market, or anything else, profit scalping has to do with placing short term trades that are only open for a short period of time. The trades generally feature very small lot sizes and small investment amounts. The main point of profit scalping is to make very fast and consistent profits without putting too much money on the line.

The point here is that the UPSI or the ultimate profit scalping indicator, is a special type of indicator that is designed to provide you with extremely profitable buy and sell signals for those short term scalp trades. What is of course beneficial is that this UPSI is designed to do all of the hard work and heavy lifting for you. It has the ability to provide you with extremely accurate buy and sell signals. All you have to do is to attach it to a specific chart on tradingview.com, and allow it to provide you with signals.

Something that is definitely worth noting about the Ultimate Profit Scalping Indicator is the fact that it doesn’t ever repaint signals. This means that you don’t ever have any old or inaccurate signals that are no longer valid.

What you probably also want to know about this Ultimate Profit Scalping Indicator is how profitable it actually is. Well, based on the results that it has managed to achieve for thousands of people so far, we know that it is around 90% accurate. This means that you should be able to win at least nine out of every ten trades that you place using the signals that are provided to you by the UPSI. This is an extremely high accuracy rate, and it makes it nearly impossible to not make money.

Three Components of the Ultimate Profit Scalping Indicator

What is important to know about this Ultimate Profit Scalping Indicator is that it actually comes with three separate components that will help you win trades.

The first of these three components is the trend component. This is the main component that provides you with extremely accurate buy and sell signals that you can then place trades on.

The second of these three components is called the trend cloud, and this helps traders identify both long term and short term trades.

The third of these three components is the volume indicator, and this is very useful because it provides you with information about the overall activity and momentum of a certain asset that you are looking to trade with.

As you can see, in terms of providing you with useful and actionable bold information that you can place trades on, that UPSI is definitely one of the best indicators out there at this time.

Tips on Using the Ultimate Profit Scalping Indicator

What we want to do right now is to provide you with the most important tips that you need to know to use this UPSI for the best results.

The Best Timeframe

The UPSI is designed for profit scalping, but there is a limit to how small that time period should be. Many people ask if this indicator is better used with a one hour or four hour chart. The answer is that the Ultimate Profit Scalping Indicator does provide you with more solid signals. The lower the timeframe, the more signals you get, but the higher the timeframe, the more accurate they are. Using hourly, four hour, and daily timeframes all work very well.

The Best Assets to Trade With

The fact of the matter is that the UPSI indicator can be used on asset. You can use the ultimate profit indicator on Forex charts, stock market charts, cryptocurrencies, commodities, and much more. Just don’t use the UPSI for very exotic foreign currency pairs or very new and upcoming crypto coins. You are best off trading the major Forex pairs, the biggest crypto coins, and popular stocks.

The Best Time to Enter Trades

Ok, so as tends to be the case with market trading, you are best off using the UPSI during major market hours. This means that you want to use it mostly between 9 AM and 7 PM GMT. In terms of how fast you want to act on the signals that the Ultimate Profit Scalping Indicator provides you with, the answer is right away. The faster you place trades on the signals that you are provided, the better the chances of it being profitable. You can also enter the trade a few bars after the signal, but the sooner the better.

Exiting Trades

When it comes to using the UPSI, people are also wondering what the best method for exiting trades is. People are wondering whether they should wait for the opposite signal as a confirmation to close the trade, or if they should use stop loss and take profit. If you are a very experienced trader, when you place a buy trade, you can look for the next levels of resistance, and then use that to close out your trade. Using support and resistance is generally a great way to close out trades.

Getting Signals

What you also need to know about this UPSI is the fact that it does come complete with an alert system. You can set up alerts for various assets, so that you will be notified whenever signals come out that you can place trades on. You can set this alert system to activate on your computer, your mobile phone, or anywhere else. The bottom line is that you can always trade with the most accurate and newest of signals.

Cost of the UPSI

OK, so the reality here is that the UPSI is of course not free. It does cost you some money. However, this awesome indicator that can lead to you making thousands of dollars per day costs just $299. This is a one time payment, and there are absolutely no additional, hidden, or recurring fees of any sort. This is a one time payment of $299, and you will have full, unlimited, and lifetime access to this awesome ultimate profit scalping indicator.

Now, with that being said, you can also get the Ultimate Profit Scalping Indicator included with your membership in Stock Trading Mentor Box. Stock Trading Mentor Box is at this time the number one rated stock market trading school in the world. This is the absolute best place to be to learn how to trade the stock market, as it features a fully comprehensive curriculum that consists of well over 50 full length and easy to understand tutorial videos.

If you want to learn how to be a profitable stock market trader, then Stock Trading Mentor Box is the place to be. Keep in mind that a membership in Stock Trading Mentor Box costs $399, which is $100 more than the UPSI alone, but a comes with the UPS I included with your membership. This way, you get to learn how to be a profitable and proficient trader, while also having access to what is now one of the world’s best scalping indicators.

The UPSI for Easy Trades – Final Thoughts

The fact of the matter is that if you want to make your life as a trader easier and more profitable, than using an awesome indicator such as the UPSI is definitely a way to go. At this time, when it comes to scalping trading, the Ultimate Profit Scalping Indicator is the best of its kind. Remember that you can also get it as an extra in its Stock Trading Mentor Box, and if you enroll in Stock Trading Mentor Box, then you get a great deal on both education and the indicator.

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Learning with Income Mentor Box

November 30, 2021 Fabian FabianLatest News / Latest News / NewsLeave a comment

Learning with Income Mentor Box

If you want to start day trading, but have no idea where to start, then the Income Mentor Box day trading Academy is a great place to begin. The fact of the matter is that without the right education, you aren’t going to get very far with day trading.

This is the case whether we are talking about crypto currencies, forex, the stock market, or anything in between. The simple reality is that if you don’t have the proper training, skill, and knowledge, you are probably going to end up losing money instead of making it.

Well, a school such as the Income Mentor Box day trading Academy can definitely teach you all the skills that you need to know in order to become a profitable and proficient trader. What we are here to do today is to take a much closer look at this Income Mentor Box day trading Academy to see exactly what it has to offer you.

We want to take a closer look at who it’s for, who leads it, what you will learn, and what the extras you will get with it are as well. Income Mentor Boxes at this time one of the most popular lines of trading schools out there, and it’s because they actually work to teach newbies the skills they need to know in order to become self sufficient and profitable day traders.

What is Income Mentor Box?

Income Mentor Box is at this time one of the most popular day trading academies in the world. In case you did not know, day trading is a specific type of trading where trades are generally open for one day or less. This is a great way for most people to make profits, because trades don’t take too long to close. With that being said day trading is still not easy, and it takes the right skills in order to be profitable.

Income Mentor Box is one of the best day trading schools out there, and it will teach you all of the skills that you need to know. One of the biggest benefits of this particular trading school is the fact that it is online. This means that you can learn to trade from the comfort of your own home.

What’s even better is the fact that you can learn on your own time as well. This is because the membership in the Income Mentor Box day trading Academy never expires. With a simple one time payment, you become a member for life, and this means that you have full, unlimited, and lifetime access to all course content. You can take two weeks to go through the course or you can take two years, it’s really up to you.

Who is it for?

The Income Mentor Box day trading Academy is designed for everybody and anybody who wants to brush up on their day trading skills. It will teach you everything you need to know about Forex, stock market, and cryptocurrency trading, so you can start making money on your own. Of course, this school is designed primarily for newbies and beginners who have never traded before.

It starts out with all of the most simplest concepts and the basic fundamentals that you need to then build upon. The course then does build upon itself and moves on to the more complex aspects of trading. Now, just because it is primarily designed for newbies does not mean that more experienced traders cannot gain some valuable insights from this trading course.

What You Will Learn

The best way for you to figure out exactly what you will learn from Income Mentor Box is by taking a closer look at the screenshots that we have included year, or by taking a look at the main website. However, with that being said, the fact of the matter is that you will learn all of the most relevant skills that you need to know in order to become a profitable trader.

Here you will learn all about the day trading and swing trading, you will learn how to analyze charts, you will learn how to use different indicators and trading strategies, and so much more. you will also learn how to find the best entries and exits into trade, how to analyze the market, and so much more. You will learn quite literally all of the most relevant skills that you need to know in order to be a profitable trader.

Who Teaches Income Mentor Box?

The leader of the income of mentor box day trading Academy is none other than Andrew a period you might also know Andrew a from his YouTube trading channel, as well as from his other trading academies.

Now, Andrew has been a professional trader for well over a decade at this point and he makes a full time living doing so. He’s a very knowledgeable forex, stock market, and cryptocurrency trader, and he makes for an even better teacher.

People really seem to like learning from Andrew because he makes learning both easy and relatively fun. All of the lessons contained within Income Mentor Box take the form of any depth video tutorials that Andrew leads by himself. Everything he does is explained in great detail it is then backed up with visual reference. Is definitely one of the best people that you could possibly learn day trading from.

The Cost of the IMB Academy

What is important to note is that the Income Mentor Box day trading Academy will cost you $299 to join it. Now, this is a one time price, and you will never have to pay any additional, hidden, or recurring fees of any sort. With a one time payment, you become a member for life. There is also a free trading ebook included with your membership, as well as another awesome extra that we are about to discuss below.

Free Forex Signals Group

The other thing that we want to mention is that with your membership any Income Mentor Box day trading Academy, you also get access to a free forex signals group. This is a group where you will get up to a dozen profitable forex signals per day. All of the signals come complete with entry points and exit points, so all you have to do is copy and paste them into your broker or trading platform of choice. It’s a really easy way to make money without actually knowing what you are doing. Moreover, these signals are accurate well over 90% of the time, which means that making money is nearly guaranteed.

The Bottom Line on Income Mentor Box

The bottom line here is that if you want to become a profitable day trader in as short amount of time as possible, then it is a great idea to learn with the Income Mentor Box day trading Academy. Even if you don’t master all of the best trading skills right away, at least you will still be able to make daily profits using the Income Mentor Box forex signals group.

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Best Forex Signals for Easy Profits

November 25, 2021 AndyLatest News / Latest News / NewsLeave a comment

Best Forex Signals for Easy Profits

Trading forex is not easy in the least. It takes a whole lot of skill, knowledge, and practice in order to be able to trade forex profitably. Now, with that being said, there are some tools that can help make your life as a forex trader much easier. One of these tools is a Forex signals service. For those of you who don’t know what a forex signal services, no worries because we will explain this in great detail below.

The bottom line here is that if you are still in the process of learning how to trade forex, but you want to make profits while doing so, then a good forex signals group is what you need. Generally speaking, these signals group allow you to simply copy and paste profitable trades into your trading platform of choice and watch as the profits accumulate.

With that being said you do need to find the right signals group in order to actually profit, because not all of them actually work. Many of these so-called profitable signals groups are actually dressed scams that don’t provide you with any useful information and it will just lead to you losing trades. So, what we want to do today is to take a closer look at the best forex signals group around. However, it doesn’t end there, because we will also be talking about where you can find the best cryptocurrency signals and more.

Best Forex Signals with Income Mentor Box

The first thing that we want to take a look at is the Income Mentor Box Forex singles group period now, for those of you who don’t know, Income Mentor Boxes at this time one of the highest rated day trading academies in the world. This is the best place to be if you want to learn how to trade forex and the stock market period now, it does focus mostly on forex trading, but there are also some very valuable stock market trading tips as well.

If you want to learn how to trade forex from the ground up, and you need a good foundation of knowledge that you can then build upon even further, then Income Mentor Box is definitely one of the best places that you can be. However, the education provided by this service is not really what we are here to talk about today.

What we are here to talk about is the Income Mentor Box forex signals group. Here you will find the best forex signals around, which in this case are ideas or tips that come from expert traders and expert analytical programs. In other words, you are provided with all of the information that you need to place profitable forex trades.

All of the signals that come your way come complete with both entry points and exit points. this means that you literally just have to copy and paste the signal that you received in your broker or trading platform of choice and watch as the profits accumulate. This definitely helps make life a whole lot easier because all of the signals are well analyzed and researched, so there is no heavy lifting or hard work to be done on your end. It’s literally just a copy and paste job.

In case you are wondering, here you will get up to a dozen high-quality signals per day. Keep in mind that these forex signals are accurate well over 90% of the time period this means that you can win 9 out of every 10 trades placed with them, and this of course means that you will make profits on a daily basis. With a 90% accuracy rate, not making profits is nearly impossible.

Do also keep in mind that joining the Income Mentor Box day trading Academy usually costs $299 comma and yes comma this does include the forest signal service for free period. However, thanks to the Income Mentor Box Black Friday sale, the cost of joining this Academy and getting the forex signal service for free is now just under $150.

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Best Crypto Signals with Crypto Mentor Box

OK, so I may focus up today what’s the forex signals group from Income Mentor Box. However, if you happen to want to trade cryptocurrencies in the same way, then there is a great cryptocurrency signal service out there too. It comes from the same people, and it is called Crypto Mentor Box.

Crypto Mentor Box is at this time one of the highest rated cryptocurrency signals group out there. Just like with the above signals group that we talked about, this one also provides you with up to 12 high quality cryptocurrency singles per day, ones that are accurate up to 95% of the time. With a 95% accuracy rate, not making profits is once again, nearly impossible.

All of the signals come completely analyzed and research for you, and they come complete with all of the information that you need to simply copy and paste them into your broker or trading platform of choice. The signals come complete with entry points and exit points, so there is absolutely no hard work or guessing that you need to do.

It’s a really easy way to make money trading cryptocurrencies period now, let’s keep in mind that Crypto Mentor Box usually cost $299, but thanks to the Black Friday sale, it is now just $150 for a limited amount of time period as a bonus, also keep in mind that Crypto Mentor Box comes complete with a basic education for cryptocurrency traders. It will teach you all the basics that you need to know in order to trade cryptocurrencies profitably.

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Best Stock Signals with UPSI

If what you are looking for is a great indicator that can provide you a profitable buy and sell signals for the stock market, Forex, and all other markets, then what you should check out is the UPSI or ultimate profit scalping indicator.

This is a super profitable and easy to use indicator that can provide you with extremely profitable signals when it is attached to the appropriate chart in your trading platform.

It’s not exactly a signal service, but it is one of the best indicators out there. This indicator usually comes included with Stock Trading Mentor Box, one of the best stock market trading schools in the world, and if you are looking for both a good indicator and a stock market trading education, then we definitely recommend joining.

Do keep in mind that currently the price of Stock Trading Mentor Box and the UPSI is just under $200, which is the sale price for black Friday, but the usual price is $399. That being said, you can get the UPSI alone for just $149.50 at this time, which is the Black Friday sale price, marked down from $299.

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Best Forex Signals Group & More – Final Thoughts

Without a shadow of a doubt, the best Forex signals group around is the IMB signals group, and if you’re looking for the best crypto signals, they can be found and Crypto Mentor Box. Whether you need the best Forex signals, crypto signals, or just a really good indicator for short term profits, you now have all of the resources you need at your disposal to realize this dream.

Mentor Box 50% Off Black Friday Sale

November 23, 2021 AndyLatest News / Latest News / NewsLeave a comment

Mentor Box 50% Off Black Friday Sale

BLACK FRIDAY SALE LINK: CLICK HERE

Yes folks, it’s that time of year again, Black Friday. Well, the big bulk retailers any online stores aren’t the only people having a Black Friday sale. Mentor Box, the source for all of your best trading educational needs, is currently also having a Black Friday sale.

Mentor box includes a lineup of awesome trading schools that will teach you how to be a professional and profitable trader period now, these usually cost a decent amount of money, although they are not overly expensive to begin with. With that being said, with this Black Friday sale, everything is now 50% off.

Folks, that is right, this Black Friday sale means that all mentor box products are 50% off. Of course, this sale is not going to last forever, so you need to take advantage of it while it lasts. Let’s take a closer look at exactly what you get for 50% off and what it all entails. There are four specific things that you now have the ability to buy for 50% off for a very limited time.

Black Friday Sale at Income Mentor Box

The Income Mentor Box Day Trading Academy is regarded as being one of the best day trading schools in the world. This day trading school focuses mainly on forex trading, but will also teach you some valuable stock market trading techniques as well.

This course consists of well over 50 full length lessons, and they all consist of in depth video tutorials led by none other than Andrew himself.

Between the 50 full length lessons and the various other resources at your disposal, this Income Mentor Box Day Trading Academy will teach you how to become a proficient and profitable trader. Let’s not forget that it also comes complete with a highly accurate forex signals group, one that provides you with up to a dozen forex signals per day, ones that are accurate up to 95% of the time.

Lifetime access to income mentor box usually costs $299. However, with this 50% off Black Friday sale, you are looking at just over $149. People, being able to get a fully comprehensive forex education for under $150 is an extremely good deal.

Black Friday Sale at Stock Trading Mentor Box

The next thing that we want to talk about in terms of this 50% off Black Friday sale is Stock Trading Mentor Box. This is at this time rated as being one of the best stock market trading schools in the world. Just like with the above trading school, this one also consists of over 50 full length lessons that are lead by none other than Andrew himself.

Andrew is of course a fantastic trader, and he makes for an even better teacher too. He has the skills and the patience to teach even the grief of newbies exactly how to trade the stock market. Within this course, you will learn literally everything that you need to know about the stock market in order to be a proficient and profitable trader for the rest of your life.

In terms of educational content, this is one of the most comprehensive stock market trading schools in the world. Let’s not forget that stock trading mentor box also comes with a free trading indicator included, one that is called the ultimate profit scalping indicator.

Now, usually, this stock trading mentor box school would cost $399. However, with this 50% off Black Friday sale, you are looking at a price of just under $200. Once again, being able to learn how to be a proficient stock market trader for under $200 is an absolutely fantastic deal.

Black Friday Sale at Crypto Mentor Box

This Black Friday sale also applies to Crypto Mentor Box, which is one of the best cryptocurrency signals group in the world. This signal group will provide you with up to a dozen cryptocurrency signals for day, and they are accurate up to 95% of the time. For those of you who don’t know, as signals group provides you with all of the information you need to place profitable trades without actually having to do any research or heavy lifting whatsoever.

All of the signals come complete with entry points and exit points, so all you have to do is copy and paste the trades into your trading platform or broker of choice, and watch as the profits roll in. Let’s not forget that Crypto Mentor Box also comes with a basic crypto currency trading course. Therefore, you can learn how to trade crypto currencies as you copy and paste profitable trades.

Usually, this crypto meant for box singles group would cost $299, but with this 50% off Black Friday sale, you are looking at the price of just over $149. People you can make back that $149 in a single day of trading with these awesome signals.

Ultimate Profit Scalping Indicator 50% OFF

The other awesome trading resource that you can benefit from is called the Ultimate Profit Scalping Indicator. Yes, this indicator does come included with Stock Trading Mentor Box, but you can also buy this Ultimate Profit Scalping Indicator separately.

Usually, this Ultimate Profit Scalping Indicator will cost you $299, but with his 50% off Black Friday sale, it will cost you only $149.50. In terms of useful indicators that can provide you with accurate buy and sell signals that you can then place trades on, is UPSI is hands down one of the best. What is the most accurate trading resources out there that can help put money in your pockets on a regular basis.

50% OFF EVERYTHING!

Folks, whether you want to learn to trade forex, the stock market, cryptocurrencies, or you just need an awesome profit scalping indicator, or even just a cryptocurrency signals group too, then now is the time to take advantage of the 50% off Black Friday sale.

These rock bottom prices will allow you to become a profitable trader without having to spend barely any money at all. Being able to receive a full time stock trading or forex trading education for well under $200 is nothing to turn your nose up at. This Black Friday sale is the best deal that you are ever going to get in this regard.

CLICK ON IMAGE BELOW TO TAKE ADVANTAGE OF THE 50% OFF BLACK FRIDAY SALE AT MENTOR BOX TRADING.

The Basics of Bollinger Bands

November 22, 2021November 22, 2021 AndyLatest News / Latest News / NewsLeave a comment

The Basics of Bollinger Bands

If you are just getting into the world of trading, weather stocks, forex, or anything in between, one of the most important things you need to know all about are indicators. Indicators are a special set of trading tools designed to provide you with a variety information about the price and the value of a specific security, currency, or more. There are four main types of indicators out there, and these include momentum, trend, volatility, and volume indicators. What we are here to do today is to take a closer look at one of the best volatility indicators out there, Bollinger bands.

when it comes to gathering as much information as possible about price data, Bollinger bands are extremely useful. Now, understanding exactly what Bollinger bands do and what they tell you is a bit complicated. However, this is what we are here to explain to you today. Today, we want to provide you with a crash course of Bollinger bands, and exactly how to use them. Below, we have included one video from Andrew, where he describes the four best trading strategies to use with Bollinger bands. If you master the basics of these Bollinger bands, and you also take a closer look at the strategies discussed by Andrew, your life as a trader should become much easier and more profitable too.

What are Bollinger Bands?

Alright, so first and foremost, Bollinger bands is a volatility indicator. A man named John Bollinger created the Bollinger bands in the 1980s, and he developed a special technique for using a moving average along with two trading bands above and below that moving average. Unlike a normal moving average that has a percentage population, the Bollinger band simply adds and subtracts a standard deviation calculation.

Keep in mind that standard deviation is a mathematical formula that measures volatility. This shows how the price of a currency or a stock can vary from its true value. By measuring the volatility of price, Bollinger bands have the ability to adjust themselves to market conditions. This is something that makes Bollinger bands extremely useful for a variety of traders, because you can find mostly all price data needed in between those two bands.

The Three Components of Bollinger Bands

In order to be able to gather data about volatility, you first need to know what the three main components of the Bollinger bands are. Being able to gather data relies on your understanding of these three main components. The first of these main components is a simple moving average, usually of an intermediate length. This is a simple 20 day moving average and if this is often the default setting. This average can be used for measuring trend and to calculate the other two elements of this indicator.

The second part of this indicator is the upper band, which is a standard deviation above the simple moving average used in this indicator. Two standard deviations is usually the default that is used by most charting software. The third component of Bollinger bands is the lower band, and this is a standard deviation below the simple math moving average, and it is usually 2 standard deviations that is the default.

What They Tell You

Let’s provide you with a better understanding of exactly what the Bollinger band indicator tells you. Most traders believe that the closer the price moves to the upper band, the more overbought the market is, but the lower the price move to the lower band, the more oversold the market is. The main takeaway here is that the further away the bands are from each other, the higher the amount of volatility the market is seeing.

Pros & Cons of Bollinger Bands

Bollinger bands you have both advantages and disadvantages that you need to know about, so let’s take a quick look at these.

Pros

When it comes down to it, this Bollinger bands are the best indicators out there for seeing volatility in a trending market.
This is one of the most popular technical indicators out there due to its ease of use, it can be easily applied and they can help with identifying trends, volatility, and momentum.
Bollinger bands are also great for identifying new and emerging trends at the end of old trends, which makes them an awesome multipurpose indicator.

Cons

The only real downside with these Bollinger bands indicators is that they follow recent market movements, and this means that traders might not get signals until price movement is already underway. In other words this is a lagging indicator.
Even John Bollinger himself said that this indicator is not completely foolproof, and it should be used in conjunction with other types of technical analysis.

Tips for Using Bollinger Bands

Let’s provide you with some of the most important tips that you need to know about these Bollinger bands indicators, especially when it comes to reading what they tell you.

when the bands get separated by a large amount, any existing trend may close due to rising volatility.
When the bands tighten together in a time of low volatility, there is a higher probability of a sharp price move in either direction. This could start a trending move. What you also need to do here is to observe the false moves in the opposite directions, and these may reverse before the right trend starts.
Keep in mind that the price can go beyond a band of envelope for long periods when there are strong trends.
Keep in mind that the prices can bounce within the envelope bands, touching one man and then the other. These swings can be very useful for determining potential profit targets. For example, if the price bounces off the lower band and then passes about the moving average, the upper band then is the profit target.
Keep in mind that you can expect a strong trend continuation if the price moves out of the bands, but if the price moves back inside the band right away, then the suggested strength is negated.

How to Trade with BB

We aren’t going to get into explaining exactly how to trade with the Bollinger bands indicator right now, but we what we do want to do is to provide you with this particular video. In the video that we have included here, Andrew discusses is before best trading strategies to use with this Bollinger bands indicator.

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If you master any one of the trading strategies that Andrew discuss is in this video, your life as a forex or stock market trader should become much easier and more profitable to. If there is one thing that you take away from today’s article, it should be everything that Andrew discusses it within this video.

The Bottom Line on Bollinger Bands

Now that you know what Bollinger bands are, you got one more awesome indicator in your arsenal to evaluate price data, and therefore to place the best possible trades for the biggest profits.

If you need help day trading, and what you need is a comprehensive education, particularly on Forex trading, then the best place to be is the Income Mentor Box Day Trading Academy. At this time, the IMB Academy is the most comprehensive, user friendly, effective, and affordable Forex trading school out there.

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Forex Trading Tips for Beginners

November 17, 2021 AndyLatest News / Latest News / NewsLeave a comment

Forex Trading Tips for Beginners

If you are a beginner trader, then chances are that you are going to lose a lot of trades, especially if you don’t know what you are doing. The simple reality is that Forex trading is not easy. It takes a lot of practice, skill, and knowledge to be successful in the world of currency trading. This is what we are here for today, to provide you with the most important Forex trading tips for beginners that you need to know.

Now, make no mistake about it, because it is of course important to know all about indicators and proven trading strategies, but it goes deeper than that. Or in other words, there are so many simple tips that beginners can follow to increase their chances of success.

This is what we are here for today, to provide you with Forex trading tips that you can easily follow and adhere to as a beginner. These few simple tips that we are going to discuss should be more than enough to get you on the right track.

Forex Trading Tips – DO NOT DO THIS!

What we want to do first is to talk about the biggest mistakes that newbie traders make, the mistakes that lead to consistent losses. These Forex trading tips are things that all newbies need to avoid doing at all costs.

Do Not Overtrade

When it comes to important Forex trading tips for newbies, refraining yourself from overtrading is one of the biggest ones of all. The problem with overtrading is that you end up having way too much on the go at once. As a newbie, keeping track of one or two trades is already hard enough, let alone four or five trades. Overtrading and placing tons of trades gets you nowhere if you can’t win individual trades.

Do Not Use Lower Time Frames

Another big mistake that so many newbie traders make is using very low or short time frames for trading. Sure, short time frames are great for pros who know what they are doing and know how to make quick money. However, if you are a newbie trader, then using short time frames is very hard. The reason for this is because short time frames, those charts, they don’t provide you with much info. Placing trades based on just a few minutes of past price movements is not easy. When it comes to Forex trading tips for newbies, those short time frames just aren’t worth it.

Do Not Attempt to Trade the News

Another thing that you need to realize is that trading based off of fundamental news is not easy. Sure, fundamental news analysis is an effective way to trade, but that said, if you are not super familiar with exactly how news events are going to affect future price movements, then it is just not worth it. Judging what the market will do based on some news event is really difficult. Until you have the necessary experience, this is best stayed away from.

Do Not Overcomplicate Trading Analysis

In terms of important Forex trading tips for beginners, one of the biggest things to realize is that you don’t need to overcomplicate things. You don’t need to start using four indicators at once and you don’t need to try and trade like a pro. If you don’t have the skills to execute super complicated trading strategies, then don’t bother. There are plenty of simple trading strategies out there that will do the trick just fine.

Do Not Lose Money Consistently

One of the biggest mistakes that all too many newbies make is to just keep losing money and not doing anything about it. Folks, if the way you are trading is resulting in lost money time and time again, then don’t just keep doing it and think that something is going to change on its own. If you don’t change your approach then your results won’t change either. Doing the same thing over and over again, while expecting different results is called insanity.

Forex Trading Tips – Do This

Now that we have talked about all of the biggest mistakes that Forex newbies need to avoid, let’s talk about the biggest Forex trading tips in terms of the most important things that you need to do in order to profit.

Do Learn to Trade First

In terms of important Forex trading tips for beginners, perhaps the most important thing you need to do is to learn how to trade. Folks, this is not something that you can just start doing and be successful at. It just doesn’t work that way. You need a good education. If you want to learn to trade Forex, what we recommend doing is joining the Income Mentor Box Day Trading Academy. It is at this time the highest rated Forex trading school out there.

Do Use Longer Timeframes

Another important tip to follow here is to stick with longer time frames. Try using at least one hour time frames, and preferably even longer. Generally speaking, predicting future price movements is much easier when you have a longer period of past information to work with.

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Do Practice Your Skills First

The other thing that you definitely need to do, perhaps the biggest of all the Forex trading tips for beginners, is to actually practice your skills using a demo account. There are plenty of platforms and brokers out there that allow people to trade with demo accounts. These are live market accounts that use fake money. This way, you can practice your skills under real conditions without having to put real money on the line.

Forex Trading for Beginners

Folks, if you follow all of the Forex trading tips for beginners that we have provided you with here today, your chances of becoming a profitable Forex trader increase drastically. If you take a look at the tips that we have discussed above, you can see that they aren’t anything super groundbreaking or revolutionary. However, tips as simple as these can make a huge difference when it comes to making a successful start in the world of foreign currency trading.

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RSI Indicator for Newbies

November 15, 2021 AndyLatest News / Latest News / NewsLeave a comment

RSI Indicator for Newbies

If you are planning to become a proficient Forex trader, then something that you need to know all about are indicators. Indicators are the most important tools used in trading Forex, stocks, crypto, and everything in between. One of the most important indicators for you to know is the RSI or Relative Strength Index.

For those of you who don’t know, indicators are the cornerstone of technical price analysis. In other words, indicators provide you with important information about past and current price movements. This should of course provide you with a good idea of what price movements in the near future look like. There are four types of indicators out there. These are trend, momentum, volatility, and volume indicators.

Momentum indicators are some of the most popular and useful, which is what the RSI or relative strength index is. What we want to do today is to provide you with some basic information on what the RSI is, how to use it, what it tells you, and more. Let’s get to it and help you trade using the relative strength index.

What is the RSI?

Ok, so as we have established by now, RSI stands for relative strength index. This is a special type of indicator that was first developed by J. Welles Wilder Jr, who then introduced it to the world in his 1978 book, New Concepts in Technical Trading Systems. Since then, it has quickly become a super popular technical analysis indicator, and for good reason, because it works.

Now, in terms of the four indicator types, the RSI or relative strength index, is a momentum indicator. In other words, it measures how strong or momentous recent price changes were. This is them used to see if a stock or other asset is overbought or oversold. Of course, if something is overbought or oversold, it provides you with valuable information on how to place a trade.

What you also need to know is that the RSI or relative strength index is displayed as an oscillator. This means that it moves or oscillates between values ranging from 0 to 100. It can therefore provide you with valuable information about the bullish or bearish momentum of an asset.

How to Interpret the Relative Strength Index

Now that you know what the RSI is and what it tells you, it’s also important for you to know how to interpret and read the relative strength index. Of course, if you cannot interpret what you see, then you cannot use it to place profitable trades. In order to use the relative strength index properly, there are just a few important things that you need to know.

So, when the RSI goes past the horizontal 30 level, it is generally a bullish sign, and when it goes below the 70 reference level, it is generally a bearish sign. To put it in simpler terms, if the RSI provides you with a reading of 30 or below, it is an indication that an asset is oversold and/or undervalued. When the relative strength index provides you with a reading of 70 or above, then an asset is becoming overvalued and/or overbought.

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What you also need to know is that during a trend, the RSI can fall into a range or band. When there is an uptrend going on, the relative strength index will stay above 30 and should hit 70 quite often. If there is a downtrend in the works, the RSI should usually never exceed 70, and will often hit the 30 mark, or well below 30.

To provide you with an example, if there is a downtrend, and you see that the RSI does not reach 30 or below, and then also rallies at 70 or higher, it means that a downtrend has weakened and will likely reverse into an uptrend. The exact opposite is the case with an uptrend. Keep in mind that using both moving averages and trend lines is important when using the relative strength index indicator in this manner.

Drawbacks of the RSI

Just like any and every indicator out there, the RSI does also have some limitations that you will be faced with. The biggest issue with the relative strength index is that it can be difficult to separate false alarms and true reversal signals. To provide you with an example, a bullish crossover followed by a sudden decline in stock is a false signal.

What you also need to be aware of is that since this is a momentum indicator, it can stay in the oversold or overbought positions for quite some time after an asset has already achieved significant momentum in the opposite direction. For this reason, the RSI is usually the most useful in an oscillating market where an asset is alternative between bearish and bullish price movements.

Using the Relative Strength Index to Place Trades

Alright, so the fact of the matter is that there are many ways to trade with the RSI. Moreover, there are also many other indicators that you can use along with it. Now, we do really recommend watching the tutorial video that we have included here, because it provides you with perfect guidelines on how to use the RSI.

That said, the most important takeaway from this video is that you want to use support and resistance along with the relative strength index. This will help prevent false reversal signals from occurring, and it will also help you spot those reversal much easier.

For instance, if you see that an asset is undersold at the 30 line on the RSI, then you also want to look for major support lines. These support lines will indicate that a trend reversal is on the horizon and that an uptrend could soon begin. The same goes in the other direction.

Trading with the RSI – Final Thoughts

There you have it people, all of the basics that you need to know about this awesome RSI indicator. We definitely recommend watching all of the videos that we have included here today. Andrew does a great job at explaining exactly how to use the RSI indicator in a variety of ways.