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December 17, 2023 5 mins
2023 Trading Year Review  Podcast: Signup For my Forex Masterclass Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now #531: 2023 Trading Year Review In this video: 00:30 – A summary of 2023. 01:27 – More traders using MT5. 02:24 – Prop firm trading. 03:13 – Clients in 104 Countries. 03:40 – Have a great Christmas. 04:07 – View our on-demand Masterclass webinar. 04:48 – Blueberry Markets and book a call with us. 05:04 – Looking forward to trading in 2024. 05:18 – Consider joining us now so you can learn the strategy while the market is quiet. As we come towards the end of 2023. Just wanted to make a bit of a summary video of what we've experienced this year. I wish you all fantastic Christmas and an awesome 2024 ahead. Let's get into that and more right now. Hey there, Traders! Andrew here at the Forex Trading Coach with video and podcast number 531. A summary of 2023. Outside in the beautiful New Zealand summertime here and just a couple of weeks to go before Christmas. I hope you're looking forward to that. Just wanted to give you a bit of a summary of 2023 of how things have gone here at the Forex Trading Coach. We have just had another awesome year, some excellent results, all right. Across various timeframe charts and our daily trade suggestions have been profitable yet again every year since we started it in 2010, they've been profitable with just half a percent risk on your trades. Copying what we do just once a day, literally 5 minutes of work, we're probably going to end the year about a 30%, 3-0% gain just off that one time frame chart. And then you add on to that all the other time frame charts, we look at. Trades we take on our forum site, trades we take on our live webinars, trades that our clients take themselves and you can see that yet again, we've had another really, really good year. More traders using MT5. A more and more people changing across to Metatrader 5 from MT4. More timeframes readily built in which is making life easier, just gives more trading options. And of course MT5 has a lot more markets such as the indices, the cryptos, the metals, commodities, etc. built in, which just gives us more and more trading opportunities because all we're doing really is looking for the high quality trading pattern. The actual market that we're trading is less important, it's more the pattern. And have we got some stop loss protection? We've got room to move our profit target. Is it a reversal or is it a continuation, etc.? So again, more markets, more timeframes equals more opportunities to pick high quality trades and then not be kind of where people have that so feeling they should be forced to take a trade. This may be a big quality. No need to do that now because we have so many more trading options. Prop firm trading. And so prop firms. Another thing you'd have heard me talking about prop firms all year more and more and my clients are just doing really well from prop firms. It's a bit of a game changer in all honesty. And if you get a good prop firm, make sure that you have a prop firm that does not have a time limit on when you can make that 10% gain and those prop firms that do have a time limit I'd personally stay away from. And it's why that we look at FX2Funding. It's why we look at The5%ers those kind of people that have been around for some time. They know what they're doing, there good quality companies and there's no time restriction on making the gain. You know, whether you make it in a week, you make it in two or three months, it shouldn't matter. It's all about keeping within that low drawdown criteria, so that’s the prop firms. Clients in 104 Countries. We now have clients in 104 countries and as time goes on. We are 15 years old next year at the Forex Trading Coach, our communities, it grows and grows and just gets better and better....
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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
As we come towards the end oftwenty twenty three, just wanted to make
a bit of a summary video ofwhat we've experienced this year to wish you
all fantastic Christmas and an awesome twentytwenty four. Head let's get into that
more right now, Hey the TradersAndrew here at the Forrest Trading Coach with

(00:27):
video Podcast number five hundred and thirtyone, outside in the beautiful New Zealand
summertime here and just a couple ofweeks to go before Christmas, so I
hope you're looking forward to that.Just wanted to give you a bit of
a summary of twenty twenty three ofhow things have gone here at the Forest
Trading Coach. We have just hadanother awesome year, some excellent results all

(00:49):
run across various time framed charts.Our daily trade suggestions have been profitable yet
again, every year since we startedin twenty ten, they've been properble just
half percent risk on your trades.Copying what we do just once a day,
literally five minutes of work. We'reprobably going to end of the year
about a thirty percent three zero percentgain just off that one time frame chart,

(01:11):
and then you add on to thatall the other timeframe charts. We
look at trades we take on ourforum site, trades we taken on our
live webinars, trades that our clientstake themselves, and you can see that.
Yet again we've had another really reallygood year, more and more people
changing across to medi Trader five fromEmpty four, more time frames readily built

(01:34):
in, which is making live easier, just gives more trading options, and
of course Empty five has a lotmore markets such as the indices, the
cryptos, the metals, commodities,et cetera, built in, which just
gives us more and more trading opportunitiesbecause all we're doing really is looking for
the high quality trading pattern. Theactual market that we're trading is less important,

(01:57):
it's more the pattern. And havewe got some stop loss protection,
We've got room to move for ourprofit target is that a reversal is at
a continuation, et cetera. Soagain, more markets, more time frames,
equal to more opportunities to pick highquality trades and then not be kind
of where people have that sort offeeling they should be forced to take a
trade. There's maybe a big quality. No need to do that now because

(02:21):
we have so many more trading options. So prop firms another thing. You'd
have heard me talking about prop firmsall year. More and more of our
clients are just doing really well fromprop firms. It's a bit of a
game changer in all honesty. Ifyou get a good prop firm, make
sure that you have a prop firmthat does not have a time limit on
when you can make that ten percentgain. Those prop firms that do have

(02:46):
a time limit are'd personally stair awayfrom. It's why that we look at
EFX two funding. It's why welook at the five percenters, those kind
of people that have been round forsome time. They know what they're doing,
the good quality companies, and there'sno time restriction on making the gain.
You know, with you make itin a week or make it until
three months, it shouldn't matter.It's all about keeping within that low draw

(03:08):
down criteria. So it's the propfirms. We now have clients in one
hundred and four countries. As timegoes on, you know, we're fifteen
years old next year at the firsttraining coach, our community just grows and
grows and just gets better and better. Our forum size well populated from clients
from right around the world. Itjust makes such an amazing community of right

(03:30):
minded people all out there trading thesame strategy. So whether you're a current
client or whether you're just following alongwith what we do with strength and Weakness
each day, or the free information, then I just want to wish you
and your family a fantastic Christmas,just to have a great relaxing time over
Christmas. In the new year,we start trading again on the Monday,

(03:51):
the fifteenth of January. We're justtaking about three weeks off like at summertime.
You know, we trade the entirerest of the year, apart from
a couple of days either side ofEaster. We're now just going to go
and enjoy ourselves and have some timeaway from the charts and the computer.
We'll still be contactable if you wantto jump on our free masterclass webinar that's
on demand, so you can dothat any stage. If you want to

(04:14):
email us, we're still available.It's just we're just taking a trade a
break from active trading for a fewweeks, and you know, and why
not, let's for those of usin the Southern Hemisphere summertime, it's Christmas,
it's new year, it's summer,get out and enjoy yourself lives more
than just sitting watching charts. It'sgreat when we can do that, which

(04:35):
is why with our strategy we sayyou can trade full time in under thirty
minutes a day, because you can't, you know, but enjoy your trading
and also enjoy the break from itas well. If you're out there looking
for a broker, have a lookat Blueberry Markets. I'll put a link
to them here. If you wantto have a chat with us over the
Christmas New Year time, you cando that. You can book a call

(04:57):
with myself or one of my team. We'll have a bit more flair stability
because we're not trading so much.And that's it. So I'll see you
back in twenty twenty four, lookingforward to doing it all again. Then
looking forward to some great trading conditionsand making a lot more people profitable and
having more and more people join ourcommunity. So any questions you have,
if you struggled in twenty twenty threeand you'd like to make twenty twenty four

(05:21):
a really good year, then considercoming on board early in the year,
or even sort of during the Christmastime and have a few weeks while there's
a bit of quiet time to learnthe strategy ready to go for twenty twenty
four. So once again, havean awesome Christmas and I see you next
year. By for now,
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