So, how do you find out which Forex pair and time frame is
best to trade?
Knowing the trend is crucial. Sure, you have experienced
times when you entered the trade and waited during the choppy zone while some
other pair was making a solid move. Trading the market that turns up and down and
takes back all the profits during a series of losses feels like a slow
torture...
Forex Trendy is a software solution to avoid trading during
uncertain market periods. Instead, pick the best trending pair at the current
time.
Avoid struggling with the erratic market chaos when the
trend direction is unclear. Take only confident trades in the best markets at
the current time.
You would be the one knowing which one particular (even
exotic) pair is trending while other traders wouldn't notice it without this
tool. Knowledge is power!
Trading as a Start-Up: Entrepreneurship http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! How Do I Start a Business? Trading as Entrepreneurship. Traders should think of themselves as entrepreneurs. Some may want. We always hear that trading should be done like operating a business – you have to plan it…etc and its true you need to have a proper trading plan to succeed in the trading game.
Running your trading as a business. But let’s consider trading as a start-up initially:
– Idea – Method/Strategy – as a start-up initially you will have an idea and that idea would be your method or trading strategy for achieving success. You also need vision and focus to succeed. If you keep continually switching from one market or system to another its no good.
– Vision – Goal + Pathway – What is your ultimate goal and how are you going to get there?
– Plan – Process – Time – This is the process and time it will take – so many traders underestimate how much time it is going to take for them to learn and succeed trading the markets. We also tend to overshoot the amount of money we could potentially make and the amount of money it might cost us. It is not trading itself but the stuff and analysis that comes behind it that make you money in the end. Video Rating: / 5
Forex Trading Business | Forex Trading Business Tips and Tricks
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3 Steps To Successfully Start Your Forex Trading Business
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In this Forex trading vlog, I share 3 crucial elements to consider if you are ready to treat trading like a business and start your own Forex trading business. Vlog #224.
Step #1: Think About Investments & Evaluate ROI
When starting your Forex trading business, you must understand that investments are required to grow your income.
One of my college teachers said: “the goal of a business is to make investments and recover that money plus some more.” I recommend you apply the same principle to the investments you make in our trading business.
Money invested in a good program (shameless plug: Desire To TRADE Academy), a course, or coach, will be recovered. If the coach did his job right, you’ll even make more money than you originally invested after some time. That being said, you need to do the work!
Step #2: Create Powerful Systems
Businesses run on daily systems. Those allow the business to stay on track and to hit targets.
Find out what processes are most effective to keep your trading solid and make it your duty to execute on those systems/routines consistently.
Also, don’t forget to ank yourself on how well you execute your processes.
Step #3: Make Connections
Making connections partly means connecting with the people who you want to be like. However, you can also make connections between something you see in a field to Forex trading.
What are you going to take-away from this video? Comment below and let other people know. That way you’re more likely to stay accountable!
Forex Trader Community (Facebook Group): http://bit.ly/2esoMYj
// About Me
My name is Etienne Crete (from Montreal, Canada). I’m a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
What you must know: I’m all for trading foreign exchange, but I think freedom is much more important than time spent in front of your computer.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the βfakeβ millionaire traders and the βget-rich-quick-trading guysβ. That’s why you can expect more free content from me than what other people charge for!
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you’re good at.
// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
// You Might Also Like…
This Guy Tells You Exactly How To Trade Forex Full-Time And Make A Living! – https://www.youtube.com/watch?v=P6H6VHP5fX0
I Met Up With A Professional Trader Today (Invaluable Advice)! – https://www.youtube.com/watch?v=svkcsO2vzys
How To Create Your Forex Trading Strategy & Make It Profitable… As I Explore West Lake In Hangzhou – https://www.youtube.com/watch?v=Zb5X7k2JanY
Complete Trading Strategy With The Engulfing Pattern – Price Action – https://www.youtube.com/watch?v=WqTrn92CFBw
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Editing software: Final Cut Pro (Mac)
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Want to learn how to start a Forex trading business? Here’s my take on getting started. Ready to turn your phone into a daily ATM while learning how to trade? Go here http://tradewithed.com
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https://calendly.com/traciejackson19/ – Do you need an LLC to Trade Forex? In this video I will share you you some commonly asked questions about Taxes and trading Forex. This being one of the most common a lot of forex traders want to know.
Need further clarification for your situation?
βοΈ Schedule a FREE Tax Health Assessment with me
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Phone: 770-282-5113 Video Rating: / 5