If you plan on being a profitable trader, and one of the things that you absolutely need to learn all about is forex scalping. Moreover, today we are here not only to talk about forex scalping, but also about one of the best scalping strategies out there, mainly one that involves Fibonacci retracements.
Today we’re going to teach you one of Andrew’s best trading strategies, a profitable forex scalping strategy that you can execute on your mobile device. With this particular forex scalping strategy, you can make well over $300 per day using nothing but your mobile phone.
What is Forex Scalping
Before we can get into talking about Andrews best forex scalping strategy using Fibonacci retracements, it’s probably a good idea for us to explain to you exactly what forex scalping is. For those of you who don’t know what forex scalping is, this is a very specific type of trading that involves utilizing very short term trades in order to collect profits from the market.
When it comes to Forex scalping, traders will open positions in the markets and then close those positions within a very short amount of time, often within just mere minutes, or sometimes within mere seconds. The goal of forex scalping is to generate very small profits, but to generate a whole lot of them on a daily basis, with the main goal of minimizing risk while maximizing profitability.
Moreover, keep in mind that forex scalping is a type of day trading or intraday trading, as the trades never last more than a full day, and realistically, they don’t even last for a full hour. It’s all about generating lots of small profits over the course of a comma with the end goal being to accumulate a substantial profit at the end of every day.
Pros & Cons of Forex Scalping
Just as is the case with any trading strategy out there, forex scalping does have both its advantages and disadvantages, so let’s take a look at exactly what these are right now.
Pros
One big advantage that you get with Forex scalping is that you can bring in regular profits on a daily basis, unlike other strategies where it can take days or even weeks before you make a profit.
Another thing that is really beneficial about this type of trading is that you benefit from having a very low risk level per trade. this is because each trade features only a very small position in relation to the overall size of the total trading account. It’s all about only risking very small amounts of money.
What’s also nice about this type of trading is that it really doesn’t take much market movement in order for you to make a profit. You only need the markets move a couple of pips in order to make a profit.
Cons
One of the major drawbacks with this type of trading is that it can be very difficult to predict what the market will do on a minute to minute basis, which is of course necessary when it comes to super short term forex scalping. However, this is where Andrews Fibonacci retracement forex scalping strategy comes into play.
The other slight disadvantage that you get with this type of trading is that you have to be an extremely consistent winner in order to make profits. When trades are this small, your winter loss ratio must be excellent.
Andrew’s Profitable Forex Scalping Strategy for Mobile Devices
OK, so we honestly don’t want to get too deep into explaining this video using our words, because it is a somewhat complicated strategy to utilize, and therefore, it is best for you to learn it by actually watching the video itself.
Have you will see from the video Andrew uses a series of techniques that involved using Fibonacci retracements in order to find the best entry points into trades for forex scalping. For those of you who don’t know what fibonacci retracements are, is a method of technical analysis that helps to determine support and resistance levels. It’s named after the Fibonacci sequence of numbers, whose ratios provide price levels to which markets tend to retrace after a portion of a move, before that same trend will continue in its original direction.
We would usually provide you with step-by-step instructions on exactly how to utilize the strategies that Andrew discusses in his videos, but this one is slightly complicated, and you would benefit the most from actually just watching the whole video, because Andrew does everything live on screen. However, as you will be able to see from the video, Andrew is able to engage in Forex trading in a very reliable and accurate way, and it’s all thanks to these Fibonacci retracements.
Remember folks, this particular strategy that involves using support and resistance levels is designed to provide you with the maximum level of reliability, or in other words it’s designed to help minimize the level of risk that you have to engage in one trading.
As you can see from the video, as long as you follow all of the tips that Andrew provides you with, and as long as you follow his strategy very closely, it is more than possible to make $300 per day, or even more, using nothing but your mobile phone, a trading system, and some Fibonacci retracements. When it comes to beginner friendly forest scalping strategies that are easy to master, this is definitely one of the best ones out there. It’s safe, reliable, accurate, and profitable too.
If you plan on becoming a profitable forex trader, and you are just a beginner who wants to minimize your level of risk, then this particular forex scalping strategy that involves Fibonacci retracement, is definitely a good way to go with.
That being said, Andrew has plenty of trading videos and guides located on his YouTube channel, and if you are looking for some of the best trading strategies out there, besides this one, then we definitely recommend checking out this channel.
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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Do you want to learn how to trade forex so you can make consistent profits on a daily basis while sitting at home on your couch? If so, then you have come to the right place, because right now we want to discuss the Income Mentor Box Day Trading Academy. The Income Mentor Box Day Trading Academy is at this time one of the most useful forex trading schools out there. So let’s take a look.
What is Income Mentor Box?
For those of you wondering what Income Mentor Box is, this is a Forex trading Academy designed to help people trade forex. To be clear, this is a 100% online trading school that consists of five modules and many different lessons designed to take you from being a newbie trader to a fully functional trader that can be totally self-sufficient.
Now be aware that while this is technically a Forex trading school, everything you learn here can be used on other markets as well, such as for stock market trading. Something else that we do want to stress here is that while Income Mentor Box is a Forex trading school designed for newbies, it is also a school that can be studied by people who have been trading for many years.
The simple reality is that the market is always in flux and there are always new concepts to study. Income Mentor Box is the type of Forex trading Academy that can help you stay on top of current trading trends and methodologies. What is, of course, really cool about this particular trading school is that it is 100% online, so you can learn how to trade forex from the comfort of your own home.
What you also need to be aware of here is the fact that you can take as long as you want to work your way through the course. There is absolutely no set time limit, and once you are a member you are a member for life, which means that you have full and unlimited access to all course content forever. When it comes down to it, if you need to learn the best Forex trading concepts, strategies, and methods around, this is the place to be.
Who is the Mentor?
Something that we want to take a closer look at is who the mentor behind Income Mentor Box is. Well, the mentors name here is Andrew, a somebody who you might know from Andrew’s trading channel on YouTube, from his Stock Trading Mentor Box stock market trading academy, as well as from his various social media profiles.
When it comes down to it, Andrew has been professional daytrader mostly in Forex but also in stock markets and cryptocurrencies for well over 10 years. Over the past decade, Andrew has managed to amass a small fortune trading forex. In other words, he definitely knows what he is doing, and now he wants to teach you how to trade forex so you can make the same profits that he makes on a daily basis.
If you don’t know who Andrew is, we recommend checking out Andrew’s trading channel on YouTube to get a good idea of what he is all about. The simple reality here is that not only is Andrew a very knowledgeable and professional trader, but he also makes for a fantastic teacher, one who is very approachable and easy to talk to. He knows how to convey these difficult concepts in ways that are easy for newbies to understand.
What You Will Learn
What you need to know here is that the Income Mentor Box day trading Academy curriculum consists of five different modules with a total of 51+ full length trading videos. The lessons start off with the simplest aspects of Forex trading and then gradually move their way up to the more difficult aspects such as to trading strategies.
The simple reality here is that there are far too many lessons for us to list, but when it comes down to it, you will learn literally everything that there is to know about Forex trading in order to be an independent trader who is able to make consistent profits. Here you will learn about all of the most important Forex trading concepts, terminologies, methods, strategies, skills and more. When it comes down to it, there is nothing about Forex trading that you won’t learn here.
Free Ebook
What is also worth noting is that included with your Income Mentor Box membership, you also get a free trading ebook that introduces you to the world of Forex trading. Obviously this Forex trading ebook is just an introduction, but it is a good stepping stone, a good way to get started.
Income Mentor Box Trading Signals
Now, one of the absolute coolest things about this Income Mentor Box day Trading Academy is the fact that it also comes complete with a free Forex signals service. For those of you who don’t know what a signal service is, this is where you will be provided with tradeable.
Forex pairs that come complete with entry points, exit points and everything else you need to make profitable trades without actually having to know anything about Forex trading. In other words, you will be provided with Forex signals as well as all necessary parameters so you can then just simply copy and paste the trades into your trading platform or broker of choice.
What it all comes down to here is that you can copy and paste trades to make easy and reliable profits, even if you don’t know the first thing about Forex trading. This is really cool because it means that you can make easy profits while you are still learning how to trade.
Reviews & Testimonials
We are going to start talking about individual reviews and testimonials, but the bottom line is that if you go look online whether on trustpilot or on other sources, the fact is that Income Mentor Box is one of the most highly popular and trusted forex trading schools in the world at this time.
IMB Membership & Cost
The other thing that you need to know here is that your membership into the Income Mentor Box Day Trading Academy will cost you only $299. Moreover that $299 fee is a onetime payment and there are absolutely no hidden additional or recurring fees of any kind. Once you are a member of income enter box you are a member for life and never have to make another payment again.
Income Mentor Box Day Trading Academy: Final Thoughts
The bottom line here is that if you want to learn to be a profitable and consistent Forex trader who can trade on their own without any additional assistance, then Income Mentor Box is a very cost effective way to learn how to trade, not to mention a fantastic signals provider as well that can help put money in your pocket even if you don’t know the first thing about Forex trading.
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There is no doubt about the fact that Forex trading is difficult. But with that said, it’s also one of the most lucrative things that you can do. The simple reality here is that the Forex market is at this time the largest and most liquid market in the world, and of course, this means that there are massive profit opportunities for those who know what they were doing. However, profitable Forex trading just isn’t easy, and it takes a whole lot of skill, knowledge, and practice to do it properly.
As a newbie, chances are that you just don’t have the knowledge, skills, or patience to make it happen. Yet this is not to say that with a little bit of training and education that you can’t get to a level where you can be confident in your Forex trading skills. This is what we are here to help you with today to teach you how to start profitable Forex trading so you can be a self-reliant, independent, and highly profitable trader.
We first want to start out by providing you with a large list of tips on how to start profitable Forex trading. We’re then going to provide you with some of the best Forex trading educational resources around, both free and paid resources that you can use to your advantage to learn everything that you need to know to be profitable in the world of foreign currency trading.
Profitable Forex Trading Tips for Newbies
There is no doubt about the fact that add the beginner you were going to have some troubles trading Forex. It’s just not easy to do. With that being said, with a few valuable rules and tips you can improve your chances of making profits. Let’s get to it and provide you with some of the best and most profitable Forex trading tips for newbies, keeping in mind that these tips are just starting points to help point you in the right direction.
Get an Education
Perhaps the most valuable tip that we can provide you here is that if you plan on engaging in profitable Forex trading, then you actually need to know what you’re doing. Or in other words, you need to get yourself an education. Forex trading is not something that you can just start doing one day without any sort of training or knowledge.
There are many different terms, concepts, strategies and skills that you need to master in order to be successful in the world of foreign currency trading. Therefore, the number one tip that you need to follow is to get yourself an education. No worries if you don’t know where to get a Forex trading education because we will discuss that in great detail further below.
Set Realistic Goals
One of the biggest downfalls of oh so many newbie traders is that they set highly unrealistic goals. Sure, having great goals is not a bad thing because it motivates you to achieve them. However, with that being said, if your goals are completely unrealistic then it is going to be totally impossible to get there. This is something that destroys many newbie traders because it completely saps their morale.
People, you aren’t going to make $10,000 a day trading Forex, especially not as a beginner. Sure, there are some people who might be able to pull that, but those are people who have been trading for decades. As a beginner, set yourself a goal of maybe $100 profit per day. It’s not a whole lot, but it’s definitely a good starting point. Once you set a realistic goal, you can then start working towards it.
Learn About Risk Management
If you plan on engaging in profitable Forex trading, one of the things that you definitely need to do is to learn about risk management. Simply put, you don’t want to blow all of your money on a single trade. Generally speaking, the rule of thumb is that you do not want to risk more than 1% or 2% of your trading account on a single trade, at the very most.
This way, even if you do happen to lose a trade, you’re only going to lose a small percentage of your overall account balance. Moreover, on that same note, what you also never want to do is to trade with money that you can’t afford a lose. Don’t gamble with the money that you need to pay your mortgage or to put food on the table. It’s just not worth it. Only trade with money that you can easily forward to lose, and even then, you still want to be careful.
Create a Trading Plan & Stick to it
Another huge mistake that so many newbies make is to just trade randomly. People forex trading is a very thought out, well planned, and methodical thing. You cannot just fly by the seat of your pants here. All of the best Forex traders have mastered various trading strategies that are shown to be profitable in varying market conditions.
What we’re saying here is that you need to master some Forex trading strategies, and of course this is best done by getting yourself a trading education. Moreover, once you have decided how much money you can rest per trade, how much money you have to risk overall and what sort of trading strategies that you want to use. You can then create a full-scale trading plan that includes exactly how much money you plan to make and how you plan on getting there.
With that being said, what is also important is that you stick to your plan, especially if it is a tested and proven plan that has shown to be profitable for many other traders. If you happen to lose a couple of trades with a plan, or strategy that is proven to be profitable, don’t throw in the towel and give up. Losses happen even to the best traders using the best strategies. That said, obviously if you keep losing trade after trade after trade, then it might be time to switch things up a bit.
Choosing the Right Broker
Although many newbies might not think about this if you plan on engaging in profitable Forex trading, you need to have the right broker in your corner. Of course, for one, this means staying away from unregistered and unlicensed scam brokers that are sure to steal your money. It also means that you need to do some research on brokers to see which ones offer the most newbie friendly packages or accounts.
There are many brokers out there that offer minimal commissions and minimal trading fees, so you can save as much money as possible. We recommend doing some research on the best beginner friendly brokers, and for Forex trading out there at this time. One of the biggest errors you can make is to underestimate the importance of having a good broker in your corner.
Start Slow
If you plan on engaging in profitable Forex trading, another important tip that you need to follow is to start slow. The simple reality here is that the more traits you have open out once, the more work you have to do and the more moving parts you have to keep track of. The less trades you have open at once, the easier things are going to be for you.
So as a beginner, we recommend not having more than one or maybe two trades open at once. Once you’re confident that you can handle having two trades open at once, you can then move up to having three or even four trains open at once. The simple fact is that it can be very stressful to keep track of so many moving parts at once, so to keep your stress levels to a minimum, keep the moving parts to a minimum as well.
Stay Away from Leverage
Yes, leveraging your trades can be extremely profitable, but it’s not easy. Leveraging trades is something that is best left for the professionals. For those of you don’t know, leveraging your trades means that you can technically trade with a whole lot of money that we have to spare. For instance, if you leverage a trade by a factor of 10 to 1, it means that you only have to invest $100, but it means that you can trust trade with $1000.
Sure, this means that you can make 10 times the profit with ease, but if you end up losing the trade to be aware that you were on the hook for the whole $1000, the full amount that you leveraged. As a beginner trader, this is extremely risky and it’s best that you stay away from it until you are confident that you can win trades with these.
Focus on the Major Currency Pairs
When it comes to newbies and profitable Forex trading, something that we recommend is that you stick with the major currency pairs. There are five or six major currency pairs that are extremely predictable and allow for relatively easy profitability. You need to stay away from the exotic currency pairs that move in unpredictable ways. Some of the best pairings include USD/CAD, EUR/USD, USD/AUD, USD/CHF, and USD/JPY.
Don’t Forget Stop Loss Orders & Never Add to Losing Positions
Something that all traders should do no matter of the skill level, is to use stop loss orders. Folks, if you invest $1000 in a single trade and it starts to go South, a stop loss order can stop you from losing the majority of your investment. For instance, if you set a stop loss order at 10% under your initial investment, it would mean that you would only lose $100 out of the $1000 that you invested.
This is the number one tool at your disposal to stop you from losing massive amounts of money due to losing trades.
At the same time, something that you should avoid doing at all costs is to add money to a losing position. Both if a position is already losing, especially if you are a beginner, that is not overly confident in your skills then you need to close it and cut your losses. Yes, professionals can sometimes add to their losing positions and come out on top, but it’s not easy.
Leave Your Emotions at the Door
If you plan on being a profitable Forex trader, perhaps one of the most important things that we can give you is to leave your emotions at the door. The simple reality here is that emotions have absolutely no role to play in trading.
The only organ that you should be using to trade forex is your brain. If you get too emotional, you’re going to make unreasonable and irrational decisions that are going to negatively affect your balance. Trading needs to be reasonable, rational, and methodical. There is absolutely no place for emotion here.
Don’t Bet Against the Market
The final Forex trading tip that we want to provide newbies with today is that you should never trade against the market. Once again, just like leveraging trades, betting against the market is something that is best left to the professionals. Yes, betting against the market can qualify as profitable Forex trading, but it takes great skill to do so successfully.
Forex Trading Guides on Andrew’s Trading Channel
If you want to start profitable Forex trading and you want to get a good education but you don’t have any money to pay for it, something you should check out is Andrews Trading Channel on YouTube. Andrew is indeed one of the best Forex traders around and what’s really nice is that he has the ability to teach you how to trade in ways that are very easy to understand.
Not only is Andrew a fantastic trader, but he also knows how to be a great teacher. What is important to note about Andrew’s Trading Channel is of course that it is 100% free. On this channel you will find hundreds if not thousands of videos concerning Forex, cryptocurrency, and stock market trading. There are tons of videos that contain very useful trading strategies, tips, guides, daily news updates and so much more.
Andrew also reviews various signal services, indicators, brokers, and trading platforms. What you’re looking for is up-to-date invaluable information that will teach you profitable Forex trading, then this is the place to be. Let’s quickly take a look at some of the most recent and most useful trading guides that Andrew has uploaded on his channel.
In this particular video, Andrew demonstrates how to combine three different indicator tools to produce massive profits in just a few days. Using the strategy that Andrew demonstrates within this video, he was able to make nearly €30,000 profit in a single week of trading. If you follow this particular trading strategy, there is no reason why you cannot do the same. Profitable Forex trading doesn’t mean having to do something new.
Best Crypto Signals Group
In case you would like to make profits trading cryptocurrencies, but you don’t know how to do so, then something that you want to check out is this particular video in which Andrew talks about the best cryptocurrency signals group around. It’s a really easy way to trade profitably without actually knowing what you were doing.
Making 70K in 30 Days
When it comes to guides about profitable Forex trading, this is probably one of the best around. In this particular video, Andrew demonstrates how you can find the very best Forex trades around. Using nothing but these tips on how to find the best Forex trades, Andrew is able to make over €70,000 in 30 days of trading. Once again, if you follow all of the tips that Andrew provides you with here, there is no reason why you cannot do the same.
Learning Forex Trading with Income Mentor Box
OK, so while the YouTube channel we just looked at above is a great starting point, especially for newbies, want to start profitable Forex trading by learning about some of the best trading strategies, the unfortunate reality is that it does not count as a fully comprehensive or full scale forex trading education.
Yes, it is a great place to learn about the best Forex trading tips, strategies and more. But it doesn’t provide you with a ground up foundation that starts with the basics. If what you are looking for is a truly comprehensive Forex trading education that starts at the very bottom and then slowly works its way up, then what you want to do is to check out the Income Mentor Box Day Trading Academy. This is a 100% online Forex trading school that consists of well over 50 full length lessons. Each of the lessons are anywhere from 10 to 30 minutes in length.
The lessons start out with some of the most basic terms and concepts that you will need to know in order to move on with Forex trading and the lessons then quickly advance to the more complex aspects of Forex trading. By the end of the 50 plus lesson curriculum, you should know literally everything there is to know about Forex trading, to be self-reliant and profitable.
What’s also really cool is that the teacher that you get here, Andrew, is not only very knowledgeable and skilled at Forex trading, but he also knows how to teach all of these things to newbies in ways that are easy to understand. When it comes down to and Andrew is one of the most knowledgeable, approachable, and friendliest teachers of Forex that we know.
He’s been in the business for well over a decade at this point and makes a full-time living trading foreign currencies. If you want to be like him and you want to make a whole lot of money on a daily basis, setting in front of your computer, then we recommend learning from him. The way to become the best is by learning from the best.
What you should also know about this particular forex trading academy is the fact that it comes in at a very reasonable price. For just $299, you can become a full member of Income Mentor Box. This is a one-time payment with absolutely no hidden or recurring fees of any sort. Once you are a member, you are a member for life with full and unlimited access to all course content.
What we also want to remind you of here is that when you join Income Mentor Box, you get free access to one of the world’s best Forex signals services around. This signal service allows you to engage in profitable Forex trading simply by copying and pasting signals into your broker. This way, you can make money while you are still learning.
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Learning to be a Profitable Forex Trader – Final Thoughts
Before all of the tips that we have provided you within the opening section of today’s article, then becoming a profitable Forex trader really shouldn’t be all that difficult. Profitable Forex trading is all about setting the right goals. Knowing the right strategies and sticking to a proven plan that is shown to be profitable. You can manage put all the pieces to the puzzles together properly, you stand to gain a whole lot of money.
Now, with that being said, the number one best way for you to start profitable Forex trading is to get yourself a full-scale education. We definitely recommend joining the Income Mentor box Day Trading Academy because this is where you will learn all the most important trading terminology, concepts, strategies and so much more, literally, everything you need to be a profitable Forex trader.
If you want a good Forex trading education but you don’t want to pay for it, then we recommend checking out Andrew’s Trading Channel on YouTube, especially if you want to learn some of the best Forex trading strategies around.
There is no doubt about the fact that trading the market is very difficult. In fact, if you ask most people, it’s one of the hardest things that you can do. As a newbie who doesn’t know the first thing about the market, one thing that you might want to check out are some trading guides. Some simple trading cards can be very effective in teaching newbies the fundamentals and basics of trading as well as more advanced trading strategies to.
Now, with that being said, there are of course tons of trading guides out there. Now by this we are not talking about a person, but rather actual guides AKA tutorials or lessons. The simple fact is that most trading guides are tutorial that you’re going to find out. There just won’t teach you everything you need to know. Moreover, many of them are just wrong. Sure, there are some trading guides that are legit, but those often cost a ton of money, and that’s not ideal either.
What we’re here to do today is to take a look at various trading guide sources, so you know exactly where to learn the best materials from the best people. One specific person that we’re going to talk about today is Andrew. You might know Andrew from Andrew’s Trading channel on YouTube or from one of his Mentor Box Trading Academies. Yes, you guessed it, today we are here to take a look at the free trading guides on Andrew’s Trading Channel, as well as the paid ones that you get access to within his trading academies.
Best Free Trading Guides for Newbies on ATC
The main thing that we are here to look at today is Andrew’s trading channel on YouTube. Now before we start talking about the various trading guides and tutorial videos that Andrew has uploaded on this channel, what we want to do is to take a closer look at him. After all, if you expect to be one of the best traders out there, then it serves to reason that you also need to learn from one of the best.
Well, when it comes down to it, Andrew is definitely one of the all-time best traders out there, particularly at this time. He has been trading professionally for well over 10 years now. In that time, he has managed to see great success. Andrew makes a full-time living being a trader, but he doesn’t really trade full time.
If you want to make a whole lot of money trading just a few hours per day and he is a great person to learn from. There is also the fact that he is a super experienced stock market, forex, cryptocurrency, and commodities trader. In other words, this man knows a lot about many different market assets. Even better is the fact that Andrew also makes for a great teacher.
Not only does he know what he’s doing, but he also knows how to convey all of these materials in ways that are very easy for newbies to understand. When it comes down to it, there is really nobody that we would rather get our trading guides from than Andrew. What we want to do now is to take a look at some of the best and most recent trading guides and tutorials that Andrew has uploaded on his channel.
Finding the Best FX Trades
When it comes to the best trading guides around, particularly for Forex traders, this is definitely one that you want to check out. In this particular video, Andrew is going to teach you exactly how to find the best Forex trades.
Of course, if you want to make money trading foreign currencies, you first need to find the best pairs to trade with. Exactly how to find the best pairs that are going to provide you with the most profit is exactly what this trading guide is going to teach you. If you are an inspiring Forex trader, this is probably one of the first trading guides that you want to check out.
The Best Crypto Signals Group
The fact of the matter is that even if you don’t want to be a full-time trader, and even if you don’t want to take the time to learn how to trade, you can still make money. For example, this particular video talks about one of the best crypto signals groups around.
This is a group where you will get up to a dozen high-quality crypto signals per day. Ones that come complete with entry and exit points, so all you have to do is copy and paste of into your broker. Making money has never been this easy.
The Best Profit Scalping Indicator
When it comes to trading guides, you’re not always going to learn rules and tips about actual trading. Some of these guy videos, like this one might teach you about some of the best tools and indicators to use for trading.
This particular trading guide is all about the best profit scalping indicator out there known as the UPSI or the Ultimate Profit Scalping Indicator. If you need a world-class profit scalping indicator that has the power to provide you with profitable buy and sell signals for the stock market, Forex, Cryptocurrencies, and everything in between, then this is definitely something worth checking out.
The Bitcoin Super Cycle
If you’re looking for free cryptocurrency trading guides and Andrew’s Trading Channel is a great place to be. As you can see, this particular video is all about how big corn just confirmed as so-called supercycle.
If you want to know what a supercycle is, we recommend watching the video and yes, it is very important for you to know. Something else that Andrew discusses in this particular video is that U.S. banks are to allow Bitcoin trading in 2021, something that is going to have huge implications for the market.
Best Easy Bitcoin Scalping Strategy
If you want to know how to make a whole lot of profits in a very short amount of time, then what you need to do is to learn how to scalp trade. For those of you don’t know, scalping and trading is when you place very many small trades.
This tends to allow for much higher profits and a reduced risk of loss, although with that said, if you expect to be successful with scalping trading, then you do need to know what you were doing. In this particular trading guide, Andrew is going to teach you the best and the easiest scalping strategy for Bitcoin.
This way you can make many small profits in a short period of time without risking all that much. If you need a big coin trading strategy that is proven and easy to execute, then this one is definitely worth taking a look at it.
Avoiding Fake Breakout Trades
When it comes to great trading strategies, particularly in Forex trading, one thing that many traders do is to take advantage of breakouts. In case you don’t know what breakouts are, we recommend watching the video as you will get a full explanation on the matter.
The simple reality here is that breakouts can be a great way to identify new trades for you to place, but with that being said, false breakouts are a thing. If you happen to place trades based on false breakouts, you are going to lose a whole lot of money.
Avoiding false breakouts is something that many newbies have trouble with, and it’s something that you will learn exactly how to do here. If you watch this video, by the end of it, you will know exactly how to avoid fake and false breakouts like a pro.
Making Money Doing Nothing
When it comes to trading guide that are ideal for newbies, especially for people who have a very limited amount of time to trade with, then this one is a great one to check out. In this particular video, Andrew teaches newbies exactly how to make money while doing nothing at all.
In other words, this video is all about how you can place trades that are going to be open while you sleep, as well as to create trading setup that will profit you while you are in bed. When it comes to the best and easiest ways to make fast money, this is definitely something you want to know how to do.
EUR/USD Masterclass
In Forex trading, one of the most popular and profitable currency pairings is the EUR/USD pairing, or in other words, the Euro and the United States Dollar. If you know how to set up your trades and exactly what you were looking for, the training with, particular currency pairing can be extremely profitable. In fact, if you do it right, this can be one of the most profitable currency pairs out there, and this is one of the best trading guides out there that will teach you how to set up things up for this pairing.
Fastest Gold Scalping Strategy
When it comes to trading guides that are about trading gold for profit, this is one you want to check out. Here, you will learn how to scalp gold, or in other words, how to make many small and fast profits trading gold. Remember, gold is a fantastic thing to trade, and if you know what you are doing, it can be highly profitable.
Best Forex Trading Guides at Income Mentor Box
Alright, so what we do need to make clear is that while Andrews Channel is a great free trading resource, it definitely doesn’t qualify as a fully comprehensive education that starts with the basics to provide you with the ground-up foundation that you need to be a profession traded. If you really want to learn everything there is to know about trading specifically about Forex trading, then you do want to join a real trading Academy.
What we’re talking about here is the Income Mentor Box Day Trading Academy. This is currently one of the world’s most popular and trusted forex trading schools for newbies a place where you get access to the best and most relevant Forex trading guides around. This course has a very specific structure that teaches you the basics first, and then moves onto the more complex aspects of Forex trading. It comes complete with well over 50 full-length lessons, each of which come in video tutorial format.
What is really nice about these lessons is that Andrew explains everything verbally and then does everything live on video to provide you with visual aids. The bottom line is that if you want to learn Forex trading, then this is the place to be. Not only will you learn everything there is to know about Forex trading, but it is also very easy to learn.
Let’s not forget the fact that this Academy comes in at a very reasonable price, way more affordable than any other Forex trading school out there. Particularly when you consider the amount of value that you get here. Remember, once you are a member of this Academy, you are a member for life, which means that with one single payment you get full, unlimited and lifetime access to all course content. Even better is the fact that you also get something included for free, something that can help you earn money while you learn.
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A Free Forex Signals Service
As mentioned above, there is something included for free with this Forex trading school. What you get for free here is a Forex signal service. This is a service that is run over the Telegram Messenger app. Here you will get up to a dozen high-quality Forex signals per day that feature accuracy rates of up to 95%.
All forex signals come complete with entry and exit points, so all you literally have to do is copy and paste the signals into your trading platform or broker of choice. Once you execute the trade using the provided signals, you should see the profits accumulate. This is a really great way for you to earn money trading Forex while you are still learning how to do so from Andrew’s Income Mentor Box.
Best Stock Trading Guides at Stock Trading Mentor Box
OK, so the above trading school was designed for Forex traders whereas this particular one is designed for stock market traders. Folks, if you need the best stock market trading guides around and you need a fully comprehensive education that starts from the ground up, then it is Stock Trading Mentor Box that you want to check out.
Now we aren’t going to spend quite as much time talking about this trading school as the Forex trading school above, mainly because both of them have more or less the same format. Both of them have Andrew as the teacher.
They both have well over 50 full-length Lessing that take the form of explanatory video tutorials. They both come in at very low prices. An offer of unlimited lifetime membership with a single one-time payment. Moreover, this stock trading academy does also come with a freebie included.
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The UPSI Indicator
The freebie that you get included with your membership in stock trading mentor box is the very popular UPSI indicator, otherwise known as the Ultimate Profit Scalping Indicator. If you want to engage in market scalping, which is the practice of placing very many small trades with the aim of making lots of small profits, then the UPSI indicator is definitely a tool that you want to have in your arsenal.
When it comes to profit scalping indicators, this is definitely one of the best around. If you follow all of the trading guides that you get here, and you use the profitable buy and sell signals that the UPSI indicator provides you with, you should have absolutely no problems making money.
Learning to Trade with Andrew – Final Thoughts
There you have it, people, everything you need to know about where to find the best trading guides. Once again, if it’s a free education that you were looking for and you just want some basic tips, rules, and strategies, and Andrew’s Trading Channel is a great free resource to check out for all newbies.
With that being said, of course, if you want a fully comprehensive education for trading, then it is either the Stock Trading Mentor Box Academy or the Income Mentor box Day Trading Academy that you want to check out. Yes, of course. Both of these trading schools do cost money, but that said, they are very cost-effective and much more reasonably priced than any other trading guide source out there.
The simple reality here is that if you expect to be a proficient, profitable, and self-reliant trader, then you need to have the right kind of trading education in your arsenal. Without the right education and the right foundation of knowledge, you are not going to be successful. And this is true whether you’re trading cryptocurrencies, forex, the stock market, or anything in between.
If you are planning on starting market trading, you can’t just hit the ground running. People trading is not very easy. Although the professionals on YouTube make it look like a walk in the park, the fact of the matter is that the opposite is the case.
Without the right base of knowledge, a good foundation, the right tips and the right mindset you just won’t be successful at trading. When it comes to market trading, whether it’s the stock market, forex, cryptocurrencies or anything in between without the right kind of education and knowledge, you are most certainly going to fail.
Of course, as professional traders, we hate seeing people fail because we know how bad it feels. What we’re here to do today is to help you get started with market trading. There are a couple of ways we’re going to do this.
First of all, we are going to provide you with some of the biggest newbie tips for starting market trading, some of the most important things that you need to know in order to be successful and to avoid failure.
Second, what we want to do is to talk about some of the best educational resources is for market trading around the best places for you to get a trading education so you can learn the skills and knowledge that you need in order to be successful. Let’s get to it and help you get started with marking trading so you can be a profitable success story.
Newbie Tips for Starting Market Trading
As stated above, no matter what kind of market you are trading in, market trading is not easy at all. As a beginner, you might not know where to start. Of course, the right kind of education definitely helps, which is something that we’re going to elaborate on further below.
There are a few educational resources for market trading that we want to tell you about ones that can turn you from a newbie into a profitable and self-reliant professional. However, before we start talking about the educational resources that you have access to, what we want to do is to provide you with some really important market trading tips for newbies.
Get and Education
Yes, this is something we’re going to elaborate on further below, but the fact of the matter is that if your market trading without an education, some kind of base of knowledge, then you are going to run into big time problems. There are a lot of fundamental aspects, basics and terms that you need to know before you can even think about being successful on the market. We need to find the right place to learn these things from.
Stay Up to Date
The reality here is that the market is always in flux. The market is always changing and it’s always evolving. This means that you need to stay up to date with new market developments. Keep in mind that both economic and political developments can affect markets. Knowing things like what the federal government’s interest rate plans are, what the economic outlook is and more are all going to make a big difference. If you expect to be a good market trader, you need to be aware of current events.
Setting Trading Capital Aside & Managing Risk
If you plan on being successful in market trading and if you plan on actually making money, one of the things that you absolutely need to do is to set aside trading capital. This means that you have should have money dedicated especially for trading.
The simple reality here is that some movie traders will risk their mortgage payments or their food money to trade. This is of course a huge mistake because if you end up losing them, hh no, you can’t pay your rent or feed your kids. The bottom line here is that you can only trade with money that you can easily afford to lose. Don’t gamble with the rent payments. On that same note, something else you need to do is to manage your risk very well.
The most successful day traders will never risk more than one or two percent of their balance per trade. So for instance, if you have a $50,000 trading account, if you were to only risk 1% of the account per trade, this would mean that if you happen to lose a trade, you would only lose $500. Never gamble all of your money on one trade.
Start Slow & Small
Something that you also need to do as a beginner market trader is to focus on a maximum of one or two stocks or foreign currency pairs at a time. Sure, a professional stock market or forex trader can have 10 or 20 trades open at once, but this is not something that is recommended for newbies.
Simply put, keeping track of all of those assets can be extremely hard, and the more traits you have opened, the more tracking you have to do. As you become better at trading, you can have more and more trades open at the same time. Moreover, never invest way too much money in a single trade, especially as a beginner.
Diversification
One of the most important market concepts that you need to be aware of when it comes to market trading, particularly if you plan on investing in the stock market, is diversification. If you put all of your eggs in the same basket and you drop the basket, all of the eggs break. This is the exact same concept as with stock market trading.
If you invest all of your stocks into the oil industry and then all of a sudden nobody wants oil anymore, then you’re going to be in trouble. You should always invest in many different kinds of stocks and market sectors, because if one of them crashes, the other ones will be there to save you. Never ever put all of your eggs in the same basket. This is one of the biggest mistakes that you could ever make when it comes to market trading.
Don’t Forget Stop Losses & limit Orders
People, the fact of the matter is that when you are market trading, things can go wrong. Trades can and do go south. No worries, because this happens to the best of us. With that being said, there is one specific tool at your disposal that you can use to save yourself in the event that a trade goes south. If we’re talking about stock market trading, it’s called a limit order, and if we’re talking about Forex trading, it’s called a stop loss.
Either way, this is a tool that will cause your trades to closeout once they lose a certain amount of money. For instance, you could set your stop loss at 10% below the starting investment. Therefore, if you invest $1000 and the trade value dips below $900, the trade will close all on its own, thus saving you those $900. This is perhaps one of the most important tools that you need to use when trading.
Set Aside Some Time
As a beginner trader, something you need to be aware of is the fact that it takes time to trade. You can’t just wake up in the morning, spend 10 minutes trading, and then go do something else. You need to set aside at least two to three hours per day if not more to trade.
Remember, there are many people out there who trade full-time upwards of eight or even ten hours per day. The most successful people are the ones who trade the longest and dedicate the most time to it. Moreover, it’s all about practice. The more time you practice trading, the better you will get at it, and the more money you will make.
Forget Penny Stocks
We don’t want to focus on this too much because quite frankly it’s not worth the time. The only thing that we want to say here is that as a beginner market trader, you want to stay away from penny stocks. They’re just not worth the risk they come with. And even if you do win the profits they provide you with are so minimal that they often don’t make much of a difference in the long run.
Give it 20 Minutes
Many professional traders who know what they’re doing will get up first thing in the morning and start trading the stock market as soon as it opens. The very second that it opens now. This is fine if you are professional. Who knows what you are doing, but as a beginner this can be very dangerous.
That massive amount of trading that happens within those first few minutes makes the market very volatile, and for beginners this makes predicting the direction and prices of stocks extremely difficult. Simply put, you should wait 20 to 30 minutes after the stock market opens before you start trading. This will allow some time for the market to settle down a bit so you can make more accurate predictions.
Keep Your Emotions at Bay
One of the things that you absolutely need to do when it comes to market trading is to keep your emotions at bay. Not only should you keep your emotions at Bay, but technically speaking you should lock them in a deep dungeon somewhere.
Trading is supposed to be rational, intelligent and precisely thought out. Emotions do not have a place in trading in any way, shape, or form. Emotions will do nothing but cloud your judgement and cause you to make decisions that will end up losing money. Trading is all about your brain, not your heart. It’s the cold and calculated people who make for the best traders.
Make a Plan & Stick to it
Yet another important thing that you need to do if you plan on being successful in trading the market is to make a plan and stick to it. Of course, making a plan is not going to be possible if you don’t have the right education and the means to make a plan first.
Once you have a good trading education and you know what the best trading strategies and methods are, you can then make a plan that is proven to be successful. Folks, you don’t have to come up with your own trading plan. Nobody’s asking you to be an innovator or an inventor. You can always just use someone else’s trading strategies for your own trading, as long as they work, that’s all you need to know.
The important thing is that if something goes wrong, try sticking to the plan. If the plan has been proven to work for many years, and you just happened to lose a couple of trades with it, chances are that this was a fluke. Of course there is a limit here, and at the single strategy keeps losing for you, then it’s time to ditch it and find a new one.
Set Realistic Goals
The other important tip that we can provide you with here is that as a beginner trader, you need to set realistic goals for yourself. So many people think that trading on the market is a get rich quick scheme. This is not the case.
Especially as a beginner, you aren’t going to make hundreds of thousands of dollars per year doing this. The bottom line is that if you set realistic goals, you aren’t going to be disappointed when you don’t make ten grand on a single trade.
Getting the Best Market Trading Education
What we want to do now is to take a quick look at three of the best resources that can provide you with a great market trading education. What we want to say before we look at these resources is that the same person is the teacher of all of them.
The person we’re talking about here is none other than Andrew A, a long time trader who has been in the business for well over a decade and makes a full time living doing so.
Not only does Andrew know how to trade very well. But he also knows how to teach these things to newbies in ways that are very easy to understand. When it comes down to it, there’s really no one we would rather learn from than him. Let’s take a look at the three main resource is that Andrew provides you with in order to learn market trading.
Andrew’s Trading Channel on YouTube
First of all, if you want to learn how to trade without spending any money, what you need to check out is Andrew’s Trading channel on YouTube. This is a 100% free resource that you can use to learn some great trading strategies, basics, fundamentals of trading and to get up-to-date news stories. Andrew uploads several new articles per week, and they can be about a wide variety of topics.
Of course, they are all in regards to trading, but that said they could be about cryptocurrencies, Forex, the stock market, or anything in between. Now, with that being said, although you can get some great tips and strategies from Andrew’s Trading channel, it obviously doesn’t qualify as a fully comprehensive education that starts from the ground up. If you want a full scale trading education then you want to check out either of the resources is that we’re about to talk about below.
The Income Mentor Box Day Trading Academy for Forex
If you want to learn how to trade Forex like a pro, you should check out Income Mentor Box. This is a great Forex trading school that consists of well over 50 full-length video tutorial lessons. Andrew explains everything verbally and then backs it up with live video examples.
The course starts with the fundamentals, and by the end of it, you will know some of the most difficult and advanced trading strategies out there. If you want to know everything there is to know about Forex trading, this is the place to be. Let’s keep in mind that you also get a free Forex signal service included free of cost.
Basic trading concepts
Advanced trading techniques
How to use trading platforms
Indicators and oscillators
Swing trading and intraday trading
How to do money management the right way
How to create your own profitable trading strategies
How to evaluate risk and market conditions
How to avoid little mistakes that can lead to big losses
AND SO MUCH MORE!
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The Stock Trading Mentor Box Academy
We’re going to spend much time talking about this particular stock market trading school today. What you need to know is that Andrew A is the teacher of this school. If features over 50 full length video lessons, it comes in at a very reasonable price and you even get a free profit scalping indicator with it.
If you want to learn how to trade the stock market and you want to be professional, then this is where you need to be. Stock Trading Mentor Box is currently one of the best stock market trading schools in the world.
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Getting Started with Market Trading – Final Thoughts
First off, if you follow all of the market trading tips that we have provided you with here today at the beginning of the article, you should already have a great base of knowledge and a good idea of what you need to do in order to be successful in the world of trading.
With that being said, it is totally obvious that nobody can become a great trader without the right kind of education. We definitely recommend using any of the three, if not all of the three educational market trading resources that we have talked about today. It is your best chance at becoming a profitable and self-reliant trader.
If you would like to trade stocks but don’t know how, then you have come to the right place. What we’re here to do right now is to take a closer look at Stock Trading Mentor Box. For those of you who are unfamiliar with this particular trading school, this is a relatively new school designed to teach newbies how to trade the stock market. Now you might think that trading stocks is easy and that you don’t need any sort of training or education, but this is really not the case.
The fact of the matter is that trading the stock market takes a whole lot of knowledge, education, and experience. This is not something that you can just do one day and be successful at. You can’t hit the ground running when it comes to the stock market. If you expect to be profitable, you need to have the right kind of education. If you don’t get at least a minimal education before you start trading the stock market, chances are almost 100% that you’re going to lose every last cent that you invest.
If there were a trading school out there that only cost a few hundred dollars and could guarantee that you would become a profitable stock market trader, then why wouldn’t you join it? The bottom line here is that a few weeks of intensive training can turn you into a profitable stock market trader for the rest of your life. Let’s take a closer look at Stock Trading Mentor Box and how it can teach you how to become the best stock market trader this world has ever seen.
What Exactly is it?
To put it in basic terms, Stock Trading Mentor Box is a school designed to teach newbies and people of all backgrounds how to trade the stock market in a proficient, self-reliant and profitable manner. This is an online trading school that you can take from home.
Of course, it is super convenient that you can wake up, have a coffee, and learn how to be profitable in the stock market while sitting on your own couch. Being able to learn from home is definitely a big bonus. Not to mention that you can also learn on your own time. Keep in mind that this stock market trading school allows you to work through the materials at your own pace.
Sure, most people finish the course in between two and four weeks, but you can take two to four months if you so choose. The bottom line here is that this is a school made for anybody and everybody who wants to learn everything there is to know about stock market trading. If you like making money but you don’t know how to trade stocks, then Stock Trading Mentor Box is right for you.
While this course is of course oriented more towards newbies and beginners than anybody else, there is no reason why more season trading veteran cannot glean some valuable insights from it. When it comes down to it, everybody and anybody who needs to brush up on their stock market, trading rules, and strategies could benefit from this particular trading course.
The Teacher – Andrew A
We do also want to mention that the teacher of Stock Trading Mentor Boxes. None other than Andrew A. You may know Andrew from his trading channel, Andrews Trading Channel, on YouTube as well as from the income Mentor Box Day Trading Academy.
Andrew has been a profitable trader for well over 10 years now. He is a full time day trader that makes a living doing nothing but trading. The cool thing is that not only is he a great trader, but a fantastic teacher as well. He knows how to convey all of these materials in ways that are easy for beginners to understand.
What Will You Learn with Stock Trading Mentor Box?
Something that you would probably like to know about Stock Trading Mentor Box is what materials you will actually learn when you become a member. The first important thing that you need to know here is that this course consists of a total of five modules.
Each of these modules contains 10 or more individual lessons, each of which is anywhere from 5 to 30 minutes in length. In other words, what you get here is a truly fully comprehensive and full-scale trading education.
It starts with the basics. Things like basic concepts and terminology and then quickly works its way up to the more advanced trading strategies. Simply put, you will learn everything there is to know about stock market trading all of the ins and outs that you need to be aware of in order to become a profitable stock market trader. Let’s take a quick look at the five modules that you will have access to.
Mastering and learning the foundations and getting set up for stock trading.
The mechanics of day trading and the stock market.
Adopting with different trading platforms.
Learning which is the best security and asset to day trade.
Mastering swing trading and day trading strategies.
Once again, keep in mind that each of the modules contains 10 or more individual lessons. What is also important to note is that each of the lessons comes in video format. The teacher explains everything in a verbal manner, but then also backs everything up with live video examples. This means that you can easily follow along. Remember, this course is designed for newbies, so everything is made to be very easy to grasp.
Stock Trading Mentor Box – The Cost + A Freebie
What you also need to know here is that becoming a member of Stock Trading Mentor Box will cost you $399. This might seem like a lot of money, but the fact of the matter is that many other trading schools, the vast majority of them, cost thousands of dollars, and they don’t even provide you with any more value or education and you get right here.
There is also the fact that when you become a member of Stock Trading Mentor Box, you get a free indicator the brand new UPSI indicator. This is a high quality profit scalping indicator that Andrew and his team developed from scratch. It has the ability to provide profitable buy and sell signals that are designed for short-term scalping trading. It’s a really useful tool indeed, and you get it free of cost.
Stock Trading Mentor Box – Final Thoughts
When all has been said and done, the bottom line is that if you want to learn how to trade the stock market profitably and proficiently, Stock Trading Mentor Box is the place to be.
If you are just getting into Forex or stock market trading something you want to check out his Mentor Box. To be precise, there is the Income Mentor Box Day Trading Academy and the Stock Trading Mentor Box Academy. Both of these are high quality trading schools designed for specific markets.
Now, what is important to note here is that being a trader is of course a very difficult thing. Sure, if you were looking on from the outside, it may look easy. You see people trading all the time and making money. Easy enough, right? Well, not really. The fact of the matter is that it takes patience, skill, practice and a whole lot of knowledge to be successful trader.
For this reason, most people recommend that you get some sort of trading education before you really get into it. What we’re here to do today is talk about the education that you can receive from Mentor Box, both from the stock market and the Forex trading academies. We want to take a closer look at who created these academies, what you will learn within them, how much they cost, and how you can benefit from them. Let’s get to it and talk about how you can learn from the best with Mentor Box.
Who Created Mentor Box?
Before we talk about both of the Mentor Box Academies that you can benefit from, we want to take a look at the person behind these academies. The man behind both of these academies is Andrew A. Now you might know Andrew from his YouTube trading channel known as Andrews Trading Channel. This is a free trading educational resource that allows traders to review various trading strategies, tips and much more, all free of cost.
Andrew has been a full time trader for well over a decade by now and he makes all of his income doing so. Both this man spends a few hours a day trading and the rest of his time having a great day. In other words, Andrew knows what he is doing and he is an extremely proficient trader who is versatile in the stock market, the cryptocurrency market, the forex market, and more.
What is also worth noting is that Andrew is a fantastic teacher. He’s not one of those self-proclaimed trading gurus that doesn’t know what single thing about teaching others. In our opinion, is one of the most approachable people out there, and even better is the fact that he knows how to teach these materials in ways that are easy for beginners to understand. Remember folks, mentor box academies are designed to help beginners learn how to become proficient traders. When it comes down to it, there’s really no one we would rather be learning from than Andrew.
The Income Mentor Box Day Trading Academy has been around for a few years now, and in that time it has managed to garner a reputation of being one of the most effective, affordable, and beginner friendly Forex day trading schools out there.
When it comes down to it, you won’t find more educational value anywhere else. The fact of the matter is that here you get 50+ full-length trading lessons. All lessons are personally lead and taught by Andrew himself, and all lessons are backed up with step by step video tutorials.
The course starts out with all of the easy stuff, and then progresses onto the more complex aspects of trading. What is also worth noting here is that a membership in Income Mentor Box is very affordable. It’s one of the most affordable trading schools out there, but make no mistake about it, because it definitely qualifies as a comprehensive and complete Forex trading curriculum.
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A Free Forex Signals Service
It is also worth noting that your membership in Income Mentor Box also comes with a free, which in this case is the IMB Forex signals service. This is a service run on the Telegram messenger app, one that provides you with up to a dozen accurate and actionable Forex signals with a win rate of over 90%. All signals come complete with entry and exit points, so all you have to do is copy and paste the signals into your trading platform and watch as your trades accumulate easy money.
The Stock Trading Mentor Box Academy
If you would rather learn to trade the stock market instead of Forex, then we recommend checking out Stock Trading Mentor Box. More or less, this course is the same as the Forex course we talked about above, with the main difference of course being that this one is designed for people who want to become professional and profitable stock market traders. It has the same great teacher, the same easy to follow format, and yes, there is a freebie included here as well.
The Free UPSI Indicator
The freebie that you get with Stock Trading Mentor Box is a brand-new profit scalping indicator, the UPSI or the Ultimate Profit Scalping Indicator. This indicator is designed for people who want to place short-term scalping trades, and yes, it can be used for stocks, Forex, cryptocurrencies, and everything in between. Now, you can purchase the indicator separately without joining Mentor Box, but it’s actually much more cost effective to get the combination bundle.
Learning to Trade Like a Pro with Mentor Box – Final Thoughts
The bottom line here is that if you want to become a profitable Forex trader, then you should check out the income Mentor Box Day Trading Academy. On that same note, if you want to become a proficient stock market trader and the stock market Mentor Box Academy is something you should check out.
All that being said, if you’d rather not pay money for an education and you were fine with just some basic tips and strategies, then you should check out Andrew’s trading channel on YouTube. Whatever the case may be, as long as you know that you do need a good education and a good base of knowledge to become a profitable trader, that’s what’s important.
The fact of the matter is that market trading is not easy, not at all. It takes a heck of a lot of education, knowledge, skill, and experience to be a professional market trader. This is true whether you plan on trading stocks, Forex, indices, commodities, cryptocurrencies or anything in between.
People, market trading is not something you can just decide to be successful at. Becoming a profitable market trader doesn’t just happen overnight. It takes learning and dedication.
Well, for all of you who want to start market trading and actually want to make money doing so, you have come to the right place.
Today, we want to take a closer look at some of the very best educational resources for aspiring traders out there. The teacher we want to talk about today is Andrew, and we want to focus on his market trading teachings. He has a few different resources and funnels that you can check out, so let’s do that right here and now.
Market Trading on Andrew’s Trading Channel
One of the best free resources that all people have at their disposal is Andrew’s Trading Channel on YouTube. This is a very popular channel, and indeed, Andrew is highly respected in the trading community.
He has created, lead, and uploaded literally thousands of trading guides, tips videos, and is much more over the past few years.
The result is that Andrew’s Trading Channel has around 60,000 subscribers and counting. People don’t like Andrew just because he knows what he is doing, but because he is a great teacher. Everything is explained in detail, and he always uses live video examples to make it much easier for you to learn.
Now that you know what Andrew’s Trading Channel is and how it can benefit you, let’s take a look at some of the most recent market trading guides and tutorials that have been uploaded for you to take advantage of, courtesy of Andrew.
How to Double Your Forex Account
One of the best market trading guides to hit this channel is also the newest one, which focuses on how to double Forex accounts. The fact is that as a newbie trader, you probably don’t have all that much capital to invest. Now, trading with limited funds is a challenge no doubt, but it’s not impossible. Here, Andrew will show you how to start with a very limited trading account and still make good money with it. When it comes to newbie traders, this is one of the most important guides that you need to check out.
Avoiding Fake Breakout Trades
Another awesome market trading guide that you should check out on Andrew’s Trading Channel is this one about fake breakouts. What you need to know here is that while breakout trading can be very profitable, it can also be super tricky. Breakouts are easy for professional traders to spot, but much harder for newbies to make sense of. Here, Andrew will teach you all about breakout trading, particularly how to avoid acting on fake or false breakouts.
Live Day Trading Signals and Analysis
Although this video is not really a trading guide, it’s definitely a useful one to check out. In this video, which was recorded and aired live, was all about how to analyze the market in real-time. Here, Andrew performs a myriad of market analysis techniques which you should know. Although it is too late now, Andrew was providing awesome Forex trading signals when the video was live.
A Ten Minute Bitcoin Scalping Strategy
If you have been paying attention to the market, particularly cryptocurrencies, then you probably know that at this time, Bitcoin makes for a great trading and investment opportunity. That said, Bitcoin is very volatile, which means that long term trades are not ideal. If you want to make quick cash with relatively low risk, you definitely want to check out this guide on a super Bitcoin scalping strategy that takes just ten minutes to execute and to profit.
Two Minute Profits Scalping Gold
If you like scalping trading, and you are interested in trading gold, this this market trading guide on Andrew’s Trading Channel is definitely one you want to check out. Here, Andrew shows you how you can make hundreds of dollars in profit within just a couple of minutes of trading. Now, it’s not super easy to execute this strategy, but it does work wonders in terms of lining your pockets.
Best Stocks to Buy Right Now
This is another one of these trading guides that you do really need to see in real-time as it airs live, but that said, it still provides you with a good example of what to expect when Andrew airs these kinds of videos. In this particular one, Andrew discusses what the three best stocks are to buy at the current. He also provides many other stock market trading tips that you should be aware of.
The Best New Profit Scalping Indicator
One of our favorite things to mention when it comes to market trading is that good indicators always go a long way. What you may not know is that Andrew created his own indicator, the UPSI indicator, which is a high-class profit scalping indicator. In other words, this is a great indicator for anybody who wants actionable buy and sell signals that are easy to work with.
The New Stock Market Trading School
The other thing worth mentioning is that the Stock Trading Mentor Box school just opened up. Yes, this is also Andrew’s creation, an awesome stock market trading school that takes stock market newbies and turns them into pros. Check out the included video for more information.
Trading Like a Pro, With a Pro – Final Thoughts
If you want to become a professional at market trading, and you want to make money doing so, then learning from Andrew is what we recommend. Whether you want to check out his channel on YouTube, or his new stock market academy, it’s definitely worth the time.
The fact of the matter is that Forex trading is of course not easy. Sure, it has the potential to be hugely profitable when done right. However, it also has the potential to cause traders to lose large sums of money in very short periods of time. Yes, there are plenty of successful traders out there, and what they all have in common is that they used good Forex strategies.
Now, if you are a newbie to the world of Forex, you probably don’t know too many Forex strategies. Moreover, if you have never traded before, you could definitely do with some tips and advice, and some crucial education in general. FX trading is not the kind of thing that you can just wake up one morning and decide to be successful at by day’s end. It takes a lot of good knowledge to trade FX profitably.
This is what we are here for today, not as much to talk about specific Forex strategies and trading advice, but more to provide you with a great source for these strategies and tips. His name is Andrew. A, a long time day trader with plenty of experience under his belt. Andrew has seen great success in the world of Forex, and through his various funnels and channels, he does his absolute best to relay the best Forex strategies and advice to the people who need them the most.
Who is Andrew A?
Before we get into talking about some of his best Forex strategies & tips, let’s quickly talk about Andrew. Andrew is a Forex trader with over 10 years of experience under his belt, and yes, he is very profitable. In fact, Andrew is the creator of the Income Mentor Box Day Trading Academy, various Forex & Crypto signals groups, and even some high quality automated Forex trading software too.
This man knows what he is doing, and where he is generally best known from is his YouTube Channel, Andrew’s Trading Channel. Specifically, this trading channel is what we are here to talk about today, as this is where Andrew provides his followers with some of the best Forex strategies and trading advice around.
Andrew’s Best Forex Strategies & Advice
Ok, so right now we want to take a look at some of Andrew’s best and most recent Forex strategies that he has covered, as well as some of his latest Forex trading tips and advice videos too. Let’s take a look.
Simple & Profitable Forex Scalping Strategy
What you need to know here is that in Forex, scalping is all about placing many small trades. Instead of placing a few large trades, which can be very risky, scalping is all about making tons of small trades on short timeframes. This can indeed be very successful when done right.
When it comes to Forex strategies, this particular one involves using the 3 EMA (exponential moving average) to create scalp trade setups. It’s definitely a video worth watching if you want to make decent profits really fast. This is one of Andrew’s most recent Forex strategies videos, and it has already become very popular among his followers.
EUR/USD Forex Scalping Strategy
Yes, here we have another video where Andrew describes one of his popular scalping Forex strategies. However, unlike the strategy video discussed above, in this one, Andrew uses the EUR/USD currency pairing as an example.
He does everything right in front of your eyes, including placing trades, so you can see exactly how he does it. If you want to trade the EUR/USD pairing, that has a huge profit potential, checking out this video on how to do it might be able to help you out.
Knowing When to Cut Trades
When it comes to Forex strategies, something that needs to be a part of every trading strategy, is knowing when to cut trades. Yes, sometimes trades go south and losses happen. This is just the way it is, and it is nothing to fret about.
That said, when trades are not going your way, you need to know when it is time to throw in the towel and just cut your losses. In this particular trading tutorial, Andrew discusses the two most important signs you need to be aware of that signify when it is time to cut a trade.
3 Ways to Find Forex Entries
Whereas the previous Forex strategies video we looked at was about knowing when to cut your trades, this one is about knowing when to open them. Of course, entering a Forex trade at the right time, and making sure that you are trading with the right currency pairs, is essential to success.
The right timing for the right trade can make a world of difference. This is why in this particular video, Andrew tells you what the 3 best ways to find Forex entries are. This is a really important tutorial video for all newbie traders, and we would definitely recommend watching it.
RSI & Fibonacci Forex Hack
In this particular Forex strategy video, Andrew discusses a somewhat complex yet useful trading strategy. As far as Forex strategies go, particularly those discussed by Andrew in recent times, in our opinion, this is by far one of the best.
Yes, it involves using two different indicators, Fibonacci and RSI in order to find the best possible trading signals and the best entry points. Yes, this particular strategy takes a bit of know-how and some time to master, but it has great profit potential and is definitely worth looking into.
Best Forex Strategies & Tips – Final Thoughts
As you can see, when it comes to the best Forex strategies and advice, Andrew’s Trading Channel is one of the top sources indeed. He’s got plenty of great advice that everybody and anybody can make use of. Folks, if you really want to make Forex trading as easy as possible for you, checking out the EA Pip Scalper app is a good idea, the first fully automated Forex trading system of its kind.
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If you are new to the world of day trading, whether Forex, stocks, crypto, or anything in between, you might be having a bit of difficulty. Yes, trading all of these assets on the market can be extremely profitable. For instance, if you do it right, you stand to make thousands of dollars per day. This is where the best trading guides for beginners come into play.
The fact of the matter is that trading something like Forex is much harder than just choosing random signals and executing trades. You need to have a lot of knowledge, skill, a good deal of patience, and yeah, a bit of luck too. However, if you go into trading without any prior knowledge or experience, you’re bound to lose money.
However, below we want to take a look at some of the best trading guides for beginners out there. All of these guides come to us courtesy of Andrew A. Andy is the leader of the Income Mentor Box Day Trading Academy, plus a large variety of other educational resources too. Today we are here to look at some of his most recent trading guides for newbies, as seen on his YouTube channel.
Best Timeframes for Beginners
One of the most recent trading guides which Andrew released on his channel is all about finding the best timeframes to trade in. Timeframes in FX trading are extremely important to know about. There are 1 minute, 3 minute, 5 minute, 15 minute, 1 hour, 1 day, and so many more timeframes.
Choosing the right ones can be very hard, especially as a newbie. Finding the right trading timeframes can make all of the difference. Check out the embedded video for a comprehensive explanation on choosing the right timeframes for day trading.
EUR/USD Scalping
This is another one of the best trading guides for newbies out there, with this one being all about Forex scalping, specifically using the EUR/USD pairing. Here you will find out all about scalping, what it is, how to do it, and more. In short, scalping in FX trading is all about placing a large quantity of small trades.
The aim is to make lots of small profits. It can be a great way for newbies to minimize risk and maximize profits. The EUR/USD pairing is one of the best to work with for FX scalping. If making lots of small profits each day sounds good to you, then you should absolutely check this video out.
SL & TP Masterclass
Just to be clear, SL stands for Stop Loss, and TP stands for Take Profit. Stop loss and take profit orders are essential to understand if you plan on being successful in Forex trading. Both SL & TP are vital if you plan on maximizing profits, mitigating risk, and minimizing losses.
A well set stop loss order can stop you from losing a full investment in the event that a trade goes south. Moreover, a well set take profit level can allow you to bank profits before things turn around. When it comes to trading guides for beginners, this might just be one of the first ones that you should check out.
Trading NASDAQ for Newbies
The NASDAQ is one of the world’s largest and most popular stock exchanges. Of course Forex is a great way to make money trading currencies. However, there are some really great profit opportunities on the stock market too. Now, trading the NASDAQ does take a bit of skill and knowledge.
This is not something you can start doing blindly. In this particular video, Andrew is going to show you how to use support and resistance levels to trade the NASDAQ. As you will see from this trading guide, Andrew manages to make somewhere in the neighborhood of $5,000 with this trading strategy. S&P500 for the NASDAQ tends to work quite well.
Stock Trading for Beginners
Yes, the previous trading guide was about trading NASDAQ stocks, but of course, there are other stock markets out there too, all of which can provide you with massive profits if you go about trading and investing the right way.
This particular trading guide will provide you with some of the very best stock trading tips out there. If you plan on getting into the stock market, before you do so, you should definitely check this video out. It will provide you with a whole lot of useful info to help get you started.
Generating Full Time Income from Home
What is really interesting about this particular trading guide is that it is all about being able to make profits from home. Some people have day jobs and trade Forex on the side, which is fine, but not necessary.
Real Forex traders can spend their days trading Forex and make more than enough money to live comfortably. It is not necessary to have a day job when you are a pro Forex trader. With this trading guide, you will get some really awesome tips on how to trade Forex full time from home. The point here is to bring you to a level where you don’t have to rely on a menial day job for survival.
Best Trading Guides for Newbies – Final Thoughts
As you can see, Andrew from Income Mentor Box has a great YouTube trading channel, one that comes out with many new videos per week, particularly these trading guides for newbies. Remember folks, nobody stumbles backwards into Forex trading and is an automatic success.
Life just doesn’t work that way. Becoming a professional and profitable day trader takes time and effort. That said, with these best trading guides for beginners, you can speed up the learning process a whole lot and start making good money much sooner.
Remember folks, if you want a truly comprehensive day trading education that covers everything from A to Z, then joining the Income Mentor Box Day Trading Academy is highly recommended.