Tag: trading for newbies

Boost Income with Income Mentor Box

AndyLatest News / Latest News / NewsLeave a comment

Boost Income with Income Mentor Box: Unleash Ultimate Advantages.

In a bustling world where financial stability can seem elusive, our brand, Income Mentor Box, presents a promising solution for those seeking to boost their income. This comprehensive platform, founded by our team of seasoned experts, offers a unique blend of strategies and guidance within the lucrative realm of day trading.

As we beckon, individuals from all walks of life can embark on a transformative journey towards attaining their financial goals. Whether you are a novice in need of foundational knowledge or a seasoned investor seeking fresh perspectives, our powerful academy caters to all, empowering you to master the art of day trading and unlock an array of income-boosting opportunities.

With a diverse range of courses designed to meet your individual needs, we open doors to financial success. So, if you’re ready to plunge into a world where financial gains are the norm, join us at Income Mentor Box today and turn your trading dreams into a glorious reality.

This image has an empty alt attribute; its file name is IMB222-1024x478.png

What is Income Mentor Box?

Our team of experienced traders created a platform to support aspiring traders. We provide a wide range of knowledge, tools, and strategies to succeed in finance. Our interactive video lessons let you learn from experts, gain practical experience, and absorb valuable insights.

Additionally, our exclusive resources like e-books, market analysis, and trading signals empower subscribers to make informed decisions and stay competitive. Our platform goes beyond theory, offering real-life trading experiences to apply your skills. With our guidance and hands-on learning, you can unlock your full income potential and achieve financial success. Whether you’re new or experienced, we’re here to help boost your income and master the art of trading.

This image has an empty alt attribute; its file name is IMB2221-1024x690.png

Learn from Industry Experts

Aspiring traders can learn different trading strategies from industry experts through valuable resources and interactive video lessons. This helps them make informed decisions when executing trades. The lessons provide practical insights and real-life trading experiences to enhance skill development. Users also gain valuable insights into market analysis, risk management, and profit-making strategies.

Additionally, we offer exclusive resources like e-books, detailed market analysis, and trading signals to give users a competitive edge and help them trade with confidence. Our comprehensive approach allows individuals to take control of their financial future and increase their income.

We provide a unique opportunity for income generation by teaching trading strategies from industry experts. Users get access to exclusive trading tools, real-time market data, and invaluable insights to make well-informed trading decisions in changing market conditions. We also foster a supportive community where users can exchange ideas, seek guidance, and learn from their peers.

This collaborative environment and continuous learning process significantly contribute to boosting income potential and empowering individuals to take charge of their financial future.

 

Master Trading Strategies

Income Mentor Box offers a solid foundation for traders to learn and implement effective strategies. We provide a wide range of customizable strategies, from basic techniques to advanced methodologies. Our comprehensive video lessons and educational resources ensure traders understand various trading strategies. We cover technical analysis, fundamental analysis, and risk management.

Traders learn how to spot trends, use indicators effectively, and make informed decisions based on market conditions. We also provide real-time market analysis and trading signals to keep traders updated and help them make accurate predictions. By mastering trading strategies with Income Mentor Box, traders gain a competitive edge. With our knowledge and resources, traders can confidently analyze markets, identify profitable opportunities, and execute precise trades, ultimately increasing their income potential.

Continued learning and optimization of trading strategies enhance traders’ chances of consistent profitability in the long term.

The Ultimate Profit Scalping Indicator Version Two

Access to Exclusive Resources

As a member of Income Mentor Box, we have special access to a variety of resources that can greatly improve our trading journey. The platform offers e-books, market analysis reports, and trading signals, all designed to enhance our trading knowledge.

The e-books cover various topics, from understanding market dynamics to advanced trading strategies, giving us valuable insights. The market analysis reports provide detailed analysis of different financial instruments, helping us stay ahead and make informed trading decisions.

Additionally, the trading signals offer real-time recommendations on favorable trade opportunities, giving us an advantage in the market. Access to these exclusive resources equips us with the tools and information needed to improve our trading skills and ultimately increase our income potential.

Income Mentor Box

Real-Life Trading Experience with Income Mentor Box

At Income Mentor Box, we believe in the value of real-life trading experience for improving skills and confidence. This is why we provide simulated trading platforms that allow aspiring traders to practice without the risk of losing money. These virtual environments replicate real market conditions and enable users to execute trades, monitor their performance, and analyze outcomes.

By immersing themselves in this simulated experience, traders can gain practical knowledge, develop entry and exit strategies, and refine their decision-making skills. Additionally, we connect traders with industry professionals and experienced traders through mentorship programs and networking events. These opportunities allow participants to learn from experienced traders, share insights, and gain insider knowledge about the market. 

You can visit our homepage to learn more about the benefits we offer.

Income Mentor Box

Level Up Your Income Potential with Income Mentor Box

Income Mentor Box provides educational resources, expert guidance, and hands-on trading experiences for individuals who want to maximize their earnings in the trading world. By offering practical knowledge, training, and proven strategies, traders gain the skills and confidence to make profitable decisions. Income Mentor Box enables individuals to tap into the financial markets’ potential and make the most of wealth creation opportunities. Regardless of experience, we offer the necessary tools, knowledge, and support to help individuals achieve their financial goals.

Income Mentor Box

Maximize Your Trading Potential with Income Mentor Box 2.0

Income Mentor Box 2.0, a trading service that offers an extensive and cutting-edge trading curriculum, is the perfect solution for those who aspire to navigate the unpredictable world of Forex, cryptocurrencies, and Stocks.

With a wide range of advantages, it ensures that individuals are equipped with the necessary knowledge and skills to seize profitable opportunities. The comprehensive educational curriculum provides a deep understanding of trading strategies, risk management, and technical analysis, improving one’s decision-making capabilities and overall trading performance.

Moreover, Income Mentor Box 2.0 introduces UPSI, a state-of-the-art indicator that exponentially enhances trading accuracy and precision.

By interpreting market patterns and trends, UPSI serves as a guiding light in the vast sea of financial markets. Additionally, users benefit from highly advanced trading signals, which provide real-time recommendations based on meticulous analysis and extensive market research.

With Income Mentor Box 2.0, individuals can harness their trading potential and unlock a world of unprecedented financial success.

Crypto Trading Box Discord FAQ

AndyLatest News / Latest News / NewsLeave a comment

Crypto Trading Box Discord FAQ

Crypto Trading Box on discord was just released, and this has to be one of the very best trading services around. It’s going to provide you with cryptocurrency and other asset signals, education, and more. Today, we’re doing a Crypto Trading Box FAQ to answer all of your most important questions about it.

 

What is Crypto Trading Box?

Crypto Trading Box is a brand new trading service designed for people who need to trade profitably. If you want to trade cryptocurrencies, forex, and the stock market, but just don’t know what you are doing, then Crypto Trading Box can help you learn. This is an all around service that includes a signals service, an educational component, chat features, and much more.

 

Who is Crypto Trading Box For?

Crypto Trading Box is designed for anybody and everybody who wants to finally start making money trading cryptocurrencies, forex, and the stock market. Of course, it is primarily designed for newbies, for people who have never traded before. However, the cryptocurrency signals in the educational aspect are both things that both beginners and seasoned veterans alike can take advantage of.

Crypto Trading Box

 

What is Discord? Is it Free?

For those of you who don’t know, the CTB channel is hosted on discord, with discord being a completely free to use messenger service. This is a messenger platform that is very intuitive and up-to-date, and it costs nothing to join.

 

Is Crypto Trading Box Free?

Yes, the basic version of Crypto Trading Box is 100% free to join. This means that you get access to up to three free cryptocurrency signals every single day, as well has a few other features too. The free version is ideal for people who just want a few cryptocurrency signals per day.

 

Who is Behind CTB Discord?

For those of you who don’t know, the person behind CTB is none other than Andrew himself, who also happens to be the person behind the income of mentor box day trading Academy, as well as Andrew’s YouTube channel. Andrew is a professional trader who has been in the business for well over a decade, and he makes for just as good a trader as he does a teacher.

 

What is Crypto Trading Box VIP and What is Included?

CTB VIP is VIP or paid membership version of this service. This includes many more features than just a few cryptocurrency signals per day. Here, you will get up to a dozen accurate and high quality cryptocurrency signals per day, as well as 10 stock market and forex signals every day. You’re also going to get access to a fully comprehensive cryptocurrency trading course, a cryptocurrency trading strategy library, a chat room feature, and much more.

Crypto Trading Box

 

How Much Does Crypto Trading Box VIP Cost?

You can get access to the monthly membership for just $99 per month, or you can get yearly access for just under $500. Of course, if you plan on using this service for a long term basis, then getting the yearly package for just under $500 is by far the better deal.

 

What Kinds of Trading Signals Come with CTB?

With Crypto Trading Box, you will get up to one dozen VIP cryptocurrency signals per day, as well as 10 stock market signals and 10 forex trading signals. This means that no matter what kind of assets you want to trade, this service will provide you with easy to use signals for all of them.

Crypto Trading Box

 

What Are Trading Signals and How Do I Use Them?

For those of you who don’t know, trading signals are when you get highly researched trading ideas. These could come in the form of cryptocurrency pairs, currency pairs, stock market assets, or anything else. You’ll be told exactly when to trade, where to trade, in which direction to trade, and everything in between. You get entry points and exit points, so all you have to do is copy and paste the information as you receive it.

 

Where Do I Use CTB Trading Signals?

The cryptocurrency and other trading signals that you get with the CTB platform technically need to be used on the tradingview platform, although we suppose the signals could be used anywhere.

 

How Are CTB Trading Signals Generated?

There is a group of highly trained and expert trading professionals, as well as high quality algorithms, that scan the market for the very best trades for you to place on any given day. The team of trained experts employed by Crypto Trading Box are some of the very best traders in the world.

 

What is the Crypto Trading Box UPSI Bundle?

You can also get the Crypto Trading Box UPSI bundle, which stands for ultimate profit scalping indicator. This comes complete with everything that the regular VIP memberships come with, with an added indicator, the UPSI. This is a state-of-the-art indicator that comes complete with seven different components, all of which are going to help put money in your pocket in their own ways.

Crypto Trading Box

 

How Much Does the CTB UPSI Bundle Cost?

You can purchase CTB, the VIP membership, and the ultimate profit scalping indicator, altogether, for $899. That is going to provide you with lifetime access to the cryptocurrency trading course, all of the VIP signals, the strategy libraries, the chat and support, and the indicator itself.

 

Can I Buy the UPSI Separately?

If you don’t want to join Crypto Trading Box on discord, and you don’t want access to awesome trading signals or a great cryptocurrency trading education, you can always purchase the ultimate profit scalping indicator separately for just $497.

 

How Do I Join CTB?

All you have to do is go to the official website using the links we have provided here, make a payment according to the plan that you choose, and you’ll then be sent an Invitational link to the discord channel.

 

CTB Discord – Final Thoughts

The bottom line here is that if you plan on making money trading forex, cryptocurrencies, or the stock market, that CTB is the place to be.

CLICK ON IMAGE BELOW TO REGISTER WITH CRYPTO TRADING BOX DISCORD

Income Mentor Box Forex Signals Update

AndyLatest News / Latest News / NewsLeave a comment

Income Mentor Box Forex Signals Update

If you are just getting into the world of forex trading, then you might not know what you are doing. Of course, getting a forex trading education is a good idea. However, many of us just don’t have time or energy to spend becoming professional forex traders. If this is the case for you, you might want to check out the Income Mentor Box forex signals service.

This is a forex signals service that produces you with actionable forex trading ideas that are extremely accurate. In other words, this is a service that holds your hand through the entire forex trading process, or Simply put, it tells you exactly what to do and when to do it.

It’s an extremely reliable forex signals service that has the ability to put very real profits in your pocket on a daily basis. Today, we are here doing an Income Mentor Box forex signals update. We want to talk about exactly what these forex signals are and what the trading results are on a regular basis.

Today, we have picked five particular forex signals that were produced on January 19th, and we want to examine exactly how they performed. We’re going to be taking a look at the January 19th forex signals to see exactly how they performed and how much money you would have stood to gain by using them.

forex signals

What Are Income Mentor Box Forex Signals?

For those of you who don’t know, Income Mentor Box forex signals are provided by the Income Mentor Box day trading Academy. For those who don’t know, this is one of the most popular and reputable forex day trading schools in the world.

It is of course the forex signal service that they provide that we are here to talk about today. In case you don’t know what forex signals are, these are very well researched trading ideas.

For instance, you might be provided with a specific forex pair, you will be told in which direction to trade, and you’ll be provided with entry levels and exit levels too. Simply put, expert traders and high quality algorithms scan the market to find the best trades for you to place, and then tell you exactly when, where, and how to place those trades.

It’s a service that quite literally holds and for the entire forex trading process, so you don’t have to take much time to trade or know how to trade in the first place. This service is designed for newbies who have no idea how forex trading really works.

You just have to copy and paste the information as provided to you into your broker or trading platform of choice, and watch as the profits accumulate. Furthermore, as you will discover below, your profits will indeed accumulate, because these Income Mentor Box forex signals are actually extremely accurate and profitable.

 

Income Mentor Box Forex Signals from January 19th

So, on January 19th, there were five forex trading signals released by the Income Mentor Box day trading Academy forex signals service. Now, just keep in mind that generally speaking, you can expect anywhere from 5 to 12 forex trading signals to be released on a daily basis.

January 19th was a bit slow, so only five signals were released. However, as you are about to see, they were successful and profitable. What you need to remember is that having five extremely profitable forex signals is much better than having a dozen signals that don’t get you any profits. The five Forex signals released on January 19th include the following:

  • EUR/JPY
  • GBP/CHF
  • EUR/GBP
  • GBP/USD
  • NZD/JPY

Now, what you are of course wondering is exactly how accurate or profitable these signals manage to be. The simple fact of the matter is that you can expect these signals to be profitable anywhere between 80% and 95% of the time, with some days even seeing a 100% accuracy rate.

forex signals

Of course, managing to achieve a 100% accuracy or win rate is very difficult, and it’s not overly realistic, especially not over the long run.

However, an 80% accuracy rate is quite viable and realistic, and as you can see, it’s exactly what happened with the forex trading signals that were produced on January the 19th. So, let’s take a quick look at exactly how profitable these particular forex trading signals managed to be.

  • EUR/JPY +20 Pips
  • GBP/CHF +100 Pips
  • EUR/GBP +20 Pips
  • GBP/USD + 50 Pips
  • NZD/JPY: HIT STOP LOSS

So, as you can see, the signals produced by the Income Mentor Box day trading Academy on January the 19th were accurate 80%. This means that four out of the five trades ended up being winners. The smallest winning trade saw an increase of 20 pips, and the biggest winning trade saw an increase of 100 pips.

forex signals

One of the trades, the New Zealand dollar versus the Japanese yen, did unfortunately hit its stop loss level. However, due to the beneficial stop loss level included here, the losses were not very big. Remember, those stop loss levels stop you from losing a lot of money even when a trade goes south.

Therefore, in the grand scheme of things, there were four traits that ended up being very profitable, and one that ended up being a very small loser. However, the bigger picture here is that anybody who would have traded with these five forex signals from Income Mentor Box would have made great profits.

Of course, we can’t actually tell you exactly how much money you would have made, because this depends on your investment level. However, the bottom line is that four out of five of these fx signals ended up being winners, and that result is very good.

Profiting with IMB FX Signals – The Bottom Line

The bottom line is that if you want to make solid profits trading forex, using the Income Mentor Box fx signals service is absolutely recommended. As you can see from the results as listed above, these forex signals are actually very accurate and profitable. They’re also so easy to use that you really don’t have to do any heavy lifting at all. It’s just a copy and paste job that has the ability to put money in your pocket.

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

How to Go from Losing to Winning Trades

AndyLatest News / Latest News / NewsLeave a comment

How to Go from Losing to Winning Trades

I had just started my life as a trader, and of course my first and primary goal was to start winning trades. When I first started trading, I was still looking for a job, but I just wasn’t having any luck. For this reason, I decided to start becoming a professional trader, with the main goal of course being winning trades. However, things didn’t quite go to plan, and I started losing trades.

Now, as a professional trader who has been in the business for a long time, I can look back at all of the mistakes I made and provide you with the information you need to start winning trades. The fact of the matter is that I lost about 50% of my trading capital when I first started trading.

Sure, I was winning trades, but not nearly enough of them to make up for the losers. I invested about $5000, and I lost well over $2500. However, as the years went on, I learned from my mistakes, and now I want to provide you with all the information that you need to start winning trades. Let’s go over the biggest tips that you need to follow to go from losing to winning trades.

The Right Environment Matters

One of the most important things that you need to do to start winning trades is to put yourself in the right environment. The fact of the matter is that if you feel pressure to make a specific amount of money, that pressure is going to make you a bad trader and it’s going to force you to make bad decisions. There are plenty of external forces that can affect your decisions in a negative way. Sure, you might want to be a full time trader, but you don’t want to use all of your money.

The fact of the matter is that using all of your money for trading when you need that money for food, rent, and everything in between is not the greatest thing period if you feel pressured to make money, you are going to make emotional decisions because you absolutely need to make that money. However, when it comes to winning trades, having the right environment and mindset is very important.

winning trades

Have a Real Source of Income

One of the ways to prevent yourself from feeling pressured so you can start winning trades is to actually have a job on the side. Sure, you might want to leave your full time job because you absolutely hate it or you hate your boss, but the fact of the matter is that trading is a business not a job.

It takes many months or even years to learn all of the skills and tools that you need to start winning trades. In other words, you can’t just quit your day job and start trading instantly. This transition is a process that takes many years to complete successfully. You absolutely need to have a stable source of income so you don’t feel pressured to make money through trading.

This will allow you to learn all the skills that you need to know to start winning trades without being pressured. If you look at trading this way it means that you will be much less emotionally affected by your losses, you will look for improvement rather than instant results, and you will be very critical with the tools and strategies that you use.

Don’t Risk More than 50% of Your Net Worth

Many newbie traders who want to start winning trades think that they should invest all of their money into trading. Some people may invest 80%, 90%, or even 100% of their savings into trading in the hopes that they will be able to turn a quick profit.

However, this is of course not a good thing, especially if you hit a losing streak. What you want to do when you first start trading is to start with a very small portion of your net worth.

You can then keep adding funds to your trading account every few months as your skills improve. This way, in case you do lose some trades, at least you don’t lose all of your money. Simply put, never put all of your eggs in the same basket.

Be Smart With Your Money

Keep in mind that how you manage your money will affect how you trade, and it will definitely affect whether or not you start winning trades. If you’re already having a really hard time managing your money, then things aren’t going to go easier when it comes to managing your trading portfolio.

Therefore, if you are having trouble managing your money, this is what you need to master first before you open a trading portfolio. You need to have good money management and risk management skills in order to be winning trades.

You Need a Good Trading Plan

In order to start winning trades, you also need to have a good trading plan, which means that you need to know when to buy and when to sell, but it also means that you need to know which markets you want to trade in, why you want to trade in those specific markets, and how to use risk management.

You want to develop a solid business plan which is your trading plan, and it is a system that you must have in place to make sure that your actions are consistent as possible. The more focused you are on the plan and method that you use the fewer trading errors that you will make.

Build a Watchlist

When it comes to going from losing to winning trades, but you also want to build a watch list. Don’t depend on other peoples opinions or rumors to build this watch list, but that said, you still want to analyze the market to see which securities or currencies that you want to trade with on any given day. You can always use filters that rank stocks or currencies based on their performance, and then go from there.

Analyze Your Results

So you can start winning trades on a more consistent basis, another thing that you need to do is to analyze your overall results. If you never analyze your results, then you just aren’t going to find the mistakes that you are making which are causing you to lose trades.

You want to analyze your results and you want to compare all of the losers to see if you can find any common mistakes that you are making across the board. This way, you can make the appropriate adjustments and start winning trades.

Winning Trades – The Bottom Line

So, if you have a stable source of income, you put less than 50% of your net worth into trading, you have a well written budget and plan, and a well defined trading plan and strategy, then your chances of winning trades increased drastically. Make sure that you have a trading process that doesn’t interfere with the rest of your life, and you should be well on your way to winning trades.

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

My Journey to Being a Winning Trader

Fabian FabianLatest News / Latest News / NewsLeave a comment

My Journey to Being a Winning Trader

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

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

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

Hey All, I’m Scott Daniels 

Life Before Being a Winning Trader

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

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

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

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

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

Winning Trader

 

My First Attempt at Learning to Trade

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

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

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

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

 

Becoming a Winning Trader with Income Mentor Box

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

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

Winning Trader

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

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

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

Winning Trader

 

My Life Today

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

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

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

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

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

5 Tips to Improve Your Trading Results

AndyLatest News / Latest News / NewsLeave a comment

5 Tips to Improve Your Trading Results

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

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

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

Tips to Improve Trading Results

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

Focus on Being in the Right Mindset

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

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

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

Get Some Assistance

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

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

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

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

 

Trading Results

Don’t Rely on Other’s Opinions

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

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

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

You Need to Put in the Practice

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

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

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

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

Trading Results

Record Your Trades & Analyze the Results

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

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

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

Consistently Improving Your Trading Results

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

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

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

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

How to do Demo Trading

Fabian FabianLatest News / Latest News / NewsLeave a comment

How to do Demo Trading

If you would like to start profitably, whether it is Forex, cryptocurrencies, the stock market, or anything in between, something that you may want to try doing is demo trading. For those of you who don’t know what demo trading is, it’s just like a great way to practice your trading skills without having to risk real money.

Now, with all of that being said, although demo trading does not force you to trade with real money, there are still certain risks involved. Moreover, there are also some crucial tips that you need to follow, because if you engage in this type of trading improperly, you will set yourself up for failure once you start trading with real money.

Today, we want to provide you with an in depth guide on demo trading, complete with all of the benefits and drawbacks that it comes with, the mistakes that you need to avoid making, and how to do it properly.

demo trading

What’s the Story with Demo Trading?

Alright, so for those of you who don’t know what demo trading is, this is a type of trading that allows you to test out a trading platform without having to trade with real money. This could be for a standalone trading platform, or it could be a broker’s trading platform.

The bottom line is that this is all about trading without using real money, kind of like practicing your real estate skills by playing monopoly, but actually useful. In other words, demo trading involves using a trading platform just like you would with real money, but with virtual money.

This allows you to trade under real and live market conditions without having to put your own money on the line. As you can tell, this has the potential to be extremely beneficial for any newbie trader.

The Benefits of Practice Trading

Now, you might be wondering why you would actually try demo trading. After all, if you could trade with real money and make profits, why wouldn’t you skip the practice round and get right to the real stuff? Well, there are actually quite a few reasons why using a demo account for a trading platform is a good idea. So, what are they?

  • Of course, the biggest benefit of this type of practice trading is the fact that you get to test out a variety of trading platforms, thus allowing you to see which ones are functional and which ones are not. It’s all about being able to master the navigation and functions of a specific platform.
  • Moreover, the fact that you get to test out trading itself is a big deal too. Not only will you get a good feel for what trading is all about, but you’ll also figure out what type of trading is best for you, whether swing trading or day trading, or maybe scalping too.
  • It’s a great way to figure out what markets you want to trade on, whether the stock market, cryptocurrencies, commodities, Forex, or anything in between.
  • Demo trading accounts are also great ways for people to test out a variety of trading strategies to see what works and what doesn’t all without having to risk real money.

demo trading

Certain Risks & Drawbacks

For all of the pros and benefits that demo trading accounts come with, there are also some very real dangers that you need to be aware of as well. Let’s take a look at the some of the drawbacks of this kind of practice trading.

  • One of the biggest drawbacks to demo trading is that you just don’t have any kind of emotional attachment to your money. So, you lose $10,000 on a demo trade, but of course, it’s not real money, so it doesn’t really hurt they way it should. With a real trading account, you will make corrections and change your strategy to stop losing, with a demo account, you might just reset everything and try again, all without making the necessary adjustments. This is a good way to develop bad trading habits.
  • People tend to just spend far too much time demo trading, and this changes the way people react to winning and losing trades. You’re just not going to respond the same way if you lose fake money as opposed to real money. Of course, there is also the simple fact that you won’t make any money either.
  • Another issue with demo trading is that you might not actually try to use any risk management strategies. If you don’t use risk management when practicing, you’ll probably forget to use it when trading with real money. If real money is not on the line, people are far less inclined to practice and develop good risk management strategies.

Demo Trading the Right Way – Crucial Tips

We want to finish things off by providing you with some of the most important tips that will allow you to practice all of your trading skills using a demo trading account without developing bad habits. Nobody says demo trading accounts are bad, but you do want to follow these tips in order to avoid the risks discussed above.

  • You absolutely need to develop a trading plan, and this needs to be the same plan you will use for real and live trading. So, you need to figure out what your trading method and style is, what markets to trade, the timeframes to trade on, when to exit to take profit, when to exit to stop losses, and how to apply position sizing.
  • You also definitely want to employ a solid routine, one that will allow you to check your charts, place trades, and keep track of them, all without interfering in your daily life. You could look for opportunities early in the morning, trade from morning until noon, and then spend the evening reviewing results.
  • You should also base how long you engage in demo trading for on what type of trading you are engaging in. If you are day trading, which is a high frequency type of trading, then a month or two will do, but if you are practicing swing trading, you might want to use a demo account for 3 or 4 months. You need to practice for long enough until you have ironed out all of the wrinkles.
  • All of that being said, the biggest tip here is to spend as little time as possible demo trading, just enough until you feel comfortable enough to start risking real money. This is the best way to figure out how you will react to both winning and losing money, and it’s the best way to build confidence. Remember, always start with very small investments, then once you start winning some trades, you can move up. Of course, you want to start real trading as soon as possible because it’s the only way to actually make money.

demo trading

The Bottom Line on Demo Trading

The bottom line here is that you should definitely do some demo trading before risking real money, but that said, you do want to follow the tips that we have outlined here today, in order to avoid those risks and drawbacks that we discussed earlier.

 

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.  

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS!