Tag: Income mentor Box

Stop Loss & Take Profit Explained!

Fabian FabianLatest News / Latest News / NewsLeave a comment

Stop Loss & Take Profit Explained!

OFFICIAL WEBSITE: IncomeMentorBox.com

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

Income Mentor Box - Stop Loss & Take Profit

Stop Loss

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

 

Take Profit

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

 

Cut Your Losses & Don’t Get Greedy

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

 

Stop Loss & Take Profit – Final Thoughts

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

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

Income Mentor Box

Fundamental Analysis vs Technical Analysis

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Fundamental Analysis vs Technical Analysis

OFFICIAL WEBSITE: IncomeMentorBox.com

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

Income Mentor Box Fundamental Analysis vs Technical Analysis

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

Fundamental Analysis

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

Technical Analysis

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

Mistakes People Make

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

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

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

Fundamental Analysis vs Technical Analysis – Conclusion

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

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MONTHLY $500 GIVEAWAY – 3 WINNERS!

Fabian FabianLatest News / Latest News / NewsLeave a comment

MONTHLY $500 GIVEAWAY – 3 WINNERS!

OFFICIAL WEBSITE: IncomeMentorBox.com

Here at the Income Mentor Box Day Trading Academy, we are all about helping traders be the best they can be. As we have stated right from the get go, our mission to help all people out there become self-sufficient, profitable, and successful day traders. This is why we offer one of the most comprehensive day trading schools out there. This is also why we are doing this monthly $500 giveaway for 3 lucky winners.

When you sign up for the Income Mentor Box Day Trading Academy, you will get access to a plethora of course materials. The course itself costs only $299 to join, and this is a onetime fee with no required upgrades or hidden costs. That $299 gets you access to the free trading EBook, over 51 day trading video tutorials, a free member’s chat room, and more.

Income Mentor Box Monthly $500 Giveaway

One of the best parts about our Income Mentor Box Day Trading Academy is that we provide up to 12 trading signals per day. These signals can be found on our Facebook page, and they are totally complete. All you have to do is copy these signals onto your own trading platform, and make money just like Andrew, our leader, does. However, what we are here to talk about today is the monthly $500 giveaway which we are doing.

The Income Mentor Box Day Trading Academy Monthly $500 Giveaway

Yes, that is right guys, we are doing a monthly $500 giveaway. However, this is not just for a single winner. This monthly $500 giveaway is going to have 3 winners every single month. What could be better than getting free money?

Of course, we would love it if you joined our Income Mentor Box Day Trading Academy and became a successful day trader. However, the beauty of our monthly $500 giveaway is that you don’t actually have to pay or sign up for the full course. Yeah, it would be better if you did, because that way you could actually make lots of money on a daily basis through trading, but strictly speaking it is not necessary.

Just to put your minds at ease, the winners of this monthly $500 giveaway are chosen totally at random. The leader of our Income Mentor Box Day Trading Academy uses a randomized picker tool which picks the 3 monthly winners at random. Just take a look at the video we posted here of Andrew sending the winnings to the first 3 lucky winners of our monthly $500 giveaway. Who knows, you could be the next winner!

Our Monthly $500 Giveaway

The bottom line is that this monthly $500 giveaway always has 3 random winners, and it happens every single month. With that being said, $500 is nowhere near as much money as you stand to make compared to a professional day trader. If you want to learn the ins and outs of day trading from the best in the business, Andrew and the our Income Mentor Box Day Trading Academy is where you want to learn!

IMB Day Trading Academy Stock Market Tips

Moving Averages & Bollinger Bands Strategy

Fabian FabianLatest News / Latest News / NewsLeave a comment

Moving Averages & Bollinger Bands Strategy

OFFICIAL WEBSITE: IncomeMentorBox.com

Today, Andrew is here to teach you one of his very favorite trading strategies which involves moving averages and Bollinger bands. As you probably know by now, we here at the Income Mentor Box Day Trading Academy are all about teaching you to become the best day traders around.

This is why we are here today, to teach you a super simple trading strategy that should result in great ITM rates and profit levels too. As you will see in the video which we have included here, Andrew takes you on a step by step tutorial on how to put this moving averages and Bollinger bands strategy to use. Included is everything you need to know in order to be successful with this moving averages and Bollinger bands. We also have live trades to show you, trades which used this exact same trading strategy, and you better believe that the overall profits were great!

Now, the beauty of his moving averages and Bollinger bands strategy is that it is very easy to use and really should not take you long to master. Let’s take a closer look at Andrew’s moving averages and Bollinger bands strategy right now!

 

Moving Averages & Bollinger Bands Strategy – When To Use It

One thing that you probably want to know about this moving averages and Bollinger bands strategy is what kind of trading it can be applied to. Well, this trading strategy can be used for Forex, indices, and stocks, which is convenient no doubt. What is also nice here is that this moving averages and Bollinger bands trading strategy can be used in combination with any broker platform out there. As you can see, this particular day trading strategy is indeed quite versatile, and this is always nice because it can be applied to many types of trading.

 

Moving Averages and Bollinger Bands – What Do I Need?

There are two things that you will need here in order to use this moving averages and Bollinger bands strategy. As the name of the strategy itself implies, the first thing that you will need to put this day trading strategy to use is the moving average. To be exact, here you will need two EMAs, or exponential moving average lines. These can be found on the charts of any broker. The other thing you will need to put this strategy to use are Bollinger Bands, which all brokers also have.

 

Using Moving Averages and Bollinger Bands For Day Trading

Ok, so now that you know what you need to put this day trading strategy into use, let’s go over a step by step instructional on how to put it into effect. It’s really not that hard, especially if you take a look at our Income Mentor Box Day Trading Academy moving averages and Bollinger bands video we posted here in this article.

  1. So, first things first, you need to select the currency pairing which you wish to trade with. For the purposes of this instructional, Andy chose to go with the USD/JPY pairing.
  1. Next, you need to open up the chart and add your exponential moving average line. Go to the indicators tab and fine the EMA.
  1. For the first EMA line, make it blue, and set the length to 365, because there are 365 days of the year. Now click OK. Now, set up the second line, and make it red so it stands out, and set it to 180, and click OK.
  1. Now you need to add the Bollinger bands to the chart. Go to the indicators tab and search for the Bollinger bands. It’s one of the most popular momentum indicators, so it should be available on all brokers.
  1. So, now the rule is this, if THE RED LINE IS ABOVE THE BLUE LINE, THE PRICE IS EXPERIENCING AN INCREASE. However, IF THE BLUE LINE IS ABOVE THE RED LINE, THE PRICE IS EXPERIENCING DOWNARD MOMENTUM.
  1. The next rule here is that you are looking for the candlesticks to cross the top or bottom of the Bollinger bands. If the price is touching the top of the Bollinger bands and the price is experiencing downward momentum, it indicates that you need to place a SELL trade. This also applies in the reverse order in terms of placing a BUY trade.

Moving Averages and Bollinger Bands

 

Andrew’s Moving Averages and Bollinger Bands Trades – SUCCESS!

Now that we here at the Income Mentor Box Day Trading Academy have taught you the basics behind this moving averages and Bollinger bands trading strategy, let’s take a look at the actual trades placed. Yes, whenever Andrew does a tutorial like this, he will use that same strategy to place trades. As you can see from the embedded video, the moving averages and Bollinger bands strategy turned out to be very profitable for Andrew.

Andrew and the Income Mentor Box Day Trading Academy placed a total of 9 trades using this moving averages and Bollinger bands strategy. Well, 7 of the 9 trades turned out to be winners. Therefore, the ITM or win rate for this trading session is approximately 78%. This is a very good win rate and it’s nothing to look down your nose at. In terms of profits, these 9 trades generated close to 2,000 Euros for Andy. Folks, making 2K in a few hours of trading is absolutely spectacular, and it proves that this moving averages and Bollinger bands strategy is indeed the real deal.

Moving Averages and Bollinger Bands profits

Moving Averages and Bollinger Bands Strategy – Conclusion

As you can see, if done right, this moving averages and Bollinger bands day trading strategy can be very successful, just like it was for Andy. If you want to become a professional day trader, we would recommend joining our Income Mentor Box Day Trading Academy. For the low price of $299, which is a onetime payment, and no hidden fees, you will get complete access to all course materials.

You will get access to over 51 trading tutorials, with more being released every day. You will also get a free day trading EBook, access to a private chat, and access to the Facebook group where free trading signals are posted every day. You can simply copy and paste these signals into your trading platform, and make a lot of money doing so, just like Andrew himself!

IMB Day Trading Academy Stock Market Tips

IMB Stock Market Tips For February

Fabian FabianLatest News / Latest News / NewsLeave a comment

IMB Stock Market Tips For February

OFFICIAL WEBSITE: IncomeMentorBox.com

Yes, we here at the Income Mentor Box Day Trading Academy are all about teaching newbies how to become professional day traders. For a very low fee, we offer full, lifetime, and unlimited access to our multitude of day trading course materials. We also provide free trading signals on a daily basis, and much more. However, today we are here to talk about some stock market tips and hot stocks to keep your eyes on for the month of February.

IMB Day Trading Academy Stock Market Tips

  1. Tesla

One of the stock market tips we have to share with you is that you absolutely need to keep an eye on the Tesla stock. At this point, with the release of the quarterly earnings report, plus some other good signs, the Tesla stock is set for a bullish run. Yes, the value of the Tesla stock has been going down since midway last year, and then plummeted when genius Elon Musk sparked up a pot cigarette on live TV, but things are set to turn around. If you want to make a killing on the stock market, our IMB Stock Market Tip would be to buy Tesla soon and expect the bullish run to do you good.

  1. Amazon

When it comes to got stocks and stock market tips, something else we would recommend is to keep an eye on Amazon. Amazon had their stock values at over $2,000 per share in October last year, which then bottomed out at around $1,340 by December 2018. However, things are looking pretty good for Amazon and a bullish run is now expected. Andrew and the Income Mentor Box Day Trading Academy, as well as other world renowned experts, are looking to Amazon to make money. The bullish run is set and buying Amazon stocks at this point seems like a pretty good idea.

  1. Apple

Apple is another one of those stocks that any good stock market tips provider is going to tell you about. Yes, it is true that ever since the beginning, Apple was always a strong contender, with stock values skyrocketing for years and years. With that being said, over the last half year, there was a bit of a bearish pattern emerging, with the price per share falling by roughly $90 between October 2018 and January 2019. However, just like Tesla and Amazon, the quarterly report, plus some other good signs, show big time share value increases on the horizon. If you are looking for a bullish stock, our stock market tip would be to get on board before the value soars again.

 

Income Mentor Box Day Trading Academy Stock Market Tips February 2019

The bottom line is that Tesla, Apple, and Amazon are the top 3 stocks to keep your eye on for February 2019. However, other good stocks to watch out for this coming month include Google and Netflix.

Of course, here at the Income Mentor Box Day Trading Academy, we do a lot more than just provide stock market tips. For the low one time price of $299, you will gain access to all of our course materials that will turn you from a beginner to a pro day trader in just a few weeks’ time. There’s also the fact that we provide free daily trading signals that you can copy into your own trading platform and make a killing with.

IMB Day Trading Academy Stock Market Tips