January 21, 2024 • 6 mins
Making 2024 The Year You Become a Successful Forex Trader 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 #532: Making 2024 The Year You Become a Successful Forex Trader In this video: 00:26 – Why you need to make this year your trading year. 01:28 – Australian employment figures crash. 02:09 – Give yourself plenty of time and seek help. 03:33 – Joining a community and start on a demo account. 04:32 – Start with the basics. 05:18 – Trade through Blueberry Markets. 05:35 – Attend my Masterclass and book a call with us. How are you going to ensure that 2024 is the year that you become a successful and profitable trader? Let's talk about that and more. Right now, Hey there, Traders! Andrew Mitchem here at the Forex Trading Coach with video and podcast number 532. Why you need to make this year your trading year. It is all about 2024. How are you going to make this year, the year that you become a successful trader with no doubts at all? This is the year for you to do it. How are you going to do that? Well, have a look around the world and I'm going to show you why you need to do it first. You know, you have a look at what's happening around the world with cost of everything, inflation rates. You know, look at how much it costs to book a flight. Look at how much good quality food cost these days and how many people are out there. Cannot afford good meat, good vegetables. And so therefore, they're living on really poor, low nutritious food because that's all they can afford and sugary drinks and things like that. You know, it's everywhere. Look around your town. How many shops in your local town do you see either closed or boarded up, you know, going out of business and people can't afford to pay staff. People aren't going to restaurants. Australian employment figures crash. There's all these kind of issues going on out there and, you know, look at just yesterday from Australia, across the ditch in Australia, their monthly employment figures, they were expected to have 15,000 jobs created. That result came out as -65,000 jobs. So look at the job losses going on around the world. So put all that together and everything else that's happened over the last few years and the craziness that's going on in the world. And, you know, you realize you're kind of on your own. You're fighting for yourself. So event doesn't give you motivation to go. You know, this year I'm going to learn how to trade. Then I can't help you. Give yourself plenty of time and seek help. So let's start sensibly. Let's give ourselves time. While it's not absolutely critical, you see, when I get people come to me and they go, Andrew, I want to give up my job, you know, in two months time, and I want to become a full time trader or I've got, you know, like $500 and I want to make, you know, like $10,000 a month type of thing. You know, I get these crazy questions all the time. You know, those people aren't real. Now, the important thing is, is with anything that you're learning to do is to seek help from people that are successful in that field and also to start slow. Don't rush. Do the groundwork properly. If you've ever done any form of painting inside your house, let's say the preparation is the boring but important work putting the paint on at the end, the last coat of paint, which makes it all look nice and shiny. Yeah, that's the easy bit, but unless you do the preparation first, the rest of it is going to fail. So trading is exactly the same. So while we're not under this and, you know, massive pressure of needing to have to make money today, you know, for most people around the world, the world's still surviving just while we're at that stage. Use this kind of lower pressure time and say to yourself, I'm going to dedicate this year to learning how to do this properly.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
How are you going to ensure thattwenty twenty four is the year that you
become a successful and profitable trader.Let's talk about that and more right now.
Hey, the trader is Andrew Mitchamhere at the Forest Trading Coach with
(00:23):
video podcast number five hundred and thirtytwo. It is all about twenty twenty
four. How are you going tomake this year the year that you become
a successful trader? With no doubtsat all? This is the year for
you to do it. How areyou going to do that? Well,
have a look around the world,and I'm going to show you why you
(00:45):
need to do it. First,you know, you have a look at
what's happening around the world with costof everything, the inflation rates. You
know, look at how much itcosts a book of flight. Look at
how much good quality food cost thesedays, and how many people are out
there cannot afford good would meet goodvegetables, and so therefore they're living on
really poor, low nutritious food becausethat's all they can afford, and sugary
(01:07):
drinks and things like that. Youknow, it's everywhere. Look around your
town. How many shops in yourlocal town you see either closed or boarded
up, you know, or goingout of business. People can't afford to
pay stuff, people aren't going torestaurants. There's all these kind of issues
going on out there. And youknow, look at just yesterday from Australia.
(01:30):
Across the ditch in Australia, they'remonthly employment figures. They were expected
to have fifteen thousand jobs created.Their result came out as negative sixty five
thousand jobs. So look at thejob losses going on around the world.
So put all that together and everythingelse that's happened over the last few years,
(01:51):
and the craziness that's going on inthe world, and you know,
you realize you're kind of on yourown. You're fighting for yourself. So
that doesn't give you motivation to go. Do you know this year I'm going
to learn how to trade? ThenI can't help you. So let's start
sensibly. Let's give ourselves time whileit's not absolutely critical. You see,
(02:15):
when I get people come to meand they go, Andrew, I want
to give up my job, youknow, in two months time, and
I want to become a full timetrader. Or I've got you know,
like five hundred dollars and I wantto make, you know, like ten
thousand dollars a month type of thing. You know, I get these crazy
questions all the time. You knowthose people aren't real. Now, the
important thing is is with anything thatyou're learning to do, is to seek
(02:38):
help from people that are successful inthat field, and also to start slow,
don't rush. Do the groundwork properly. If you've ever done any form
of painting inside your house, let'ssay, the preparation is the boring but
important work putting the paint on atthe end, the last code of paint
(02:59):
which makes it all look nice andshiny. Yeah, that's the easy bit.
But unless you do the preparation first, the rest of it's going to
fail. So trading is exactly thesame. So while we're not under this
massive pressure of needing to have tomake money today, you know, for
most people around the world, theworld's still surviving. Just while we're at
(03:22):
that stage, use this kind oflower pressure time and say to yourself,
I'm going to dedicate this year tolearning how to do this properly. You're
going to start with understanding a strategy, getting some help, joining a community,
and that's where we can help.But when you do that it's still
important that you start slowly. Youshould start on a demo account. Now.
(03:44):
I know it's boring, and Iknow that you're not going to make
money for real on a demo,but it's crucial that you become successful first
and spend two or three months ironingout those areas that you're going to make
and then becoming profitable on that demo, and then start on a small live
account. It doesn't need to bebig, it just becomes real money of
your own. The emotions start tocome into play. It hurts when you
(04:06):
lose money. It's great when youmake money, but you need to get
into that emotional state that trading isand try and control those emotions, and
then it's up to you where yougo from there. You can either go,
yep, look I'm in a positionwhere I can invest some more funds
into my personal account. Or yougo down the prop firm route and you
go down you know that direction,and we can help you with that because
(04:27):
we've got so many clients doing thatvery very successfully. But it all comes
back to the basics and learning rightnow how to do this properly, making
sure that you control your risk,control your emotions, you know when to
trade, you know what you're lookingfor. You're not getting burned out.
You know you can still do thiswith your current job, with your family
situation. We travel whatever it is, and that's why we're coming up to
(04:49):
fifteen years this year as the forestTraining coach. That's why we're still enthusiastic
about it. It's why we stilllove doing it because we're not glued to
our charts all day long. Youknow, we're enjoying what we're doing.
We're making money, we have verylow drawdowns, we have high reward to
risk trades. It works on yourown personal account, it works on prop
firm accounts, and you can makesubstantial returns once you know what you're doing.
(05:14):
But give it time first. Ican't stress that enough. If you're
out there looking for a broke Ican highly recommend Blueberry Markets. They based
across in Australia. Most people aroundthe world can open a cancer them.
You cannot if you're in the US, but we have other options such as
like Olanda if you're in the USto consider as well. And the other
thing. Also, if you've notbeen on my master class, dedicate an
(05:38):
hour. It's pre recorded so youcan jump on whenever it suits you.
Dedicate, give yourself an hour andgo. I'm going to turn off all
the social media stuff. I'm goingto turn off a phone. I'm just
going to sit there for an hourand listen to what Andrew has to say
because that could be a crucial hourin your first step to becoming a successful
trader this year. And if youlike to book a call to talk to
(05:59):
either myself one of my team,I'll put a link to that as well.
You can book up a call aforty five minute call. We can
discuss your trading, where you're needinghelp, how we can help you,
teach you all about trading and whatwe do and how it works for so
many people. So I'll put alink to all of those on this video
and podcast. If you have anyquestions or topics that you'd like me to
(06:19):
discuss to help you with as weget into twenty twenty four, please do
send me an email Andrew at TheforestTradingcoach dot com or leave a comment below. Bye finat
How are you going to ensure thattwenty twenty four is the year that you
become a successful and profitable trader.Let's talk about that and more right now.
Hey, the trader is Andrew Mitchamhere at the Forest Trading Coach with
(00:23):
video podcast number five hundred and thirtytwo. It is all about twenty twenty
four. How are you going tomake this year the year that you become
a successful trader? With no doubtsat all? This is the year for
you to do it. How areyou going to do that? Well,
have a look around the world,and I'm going to show you why you
(00:45):
need to do it. First,you know, you have a look at
what's happening around the world with costof everything, the inflation rates. You
know, look at how much itcosts a book of flight. Look at
how much good quality food cost thesedays, and how many people are out
there cannot afford good would meet goodvegetables, and so therefore they're living on
really poor, low nutritious food becausethat's all they can afford, and sugary
(01:07):
drinks and things like that. Youknow, it's everywhere. Look around your
town. How many shops in yourlocal town you see either closed or boarded
up, you know, or goingout of business. People can't afford to
pay stuff, people aren't going torestaurants. There's all these kind of issues
going on out there. And youknow, look at just yesterday from Australia.
(01:30):
Across the ditch in Australia, they'remonthly employment figures. They were expected
to have fifteen thousand jobs created.Their result came out as negative sixty five
thousand jobs. So look at thejob losses going on around the world.
So put all that together and everythingelse that's happened over the last few years,
(01:51):
and the craziness that's going on inthe world, and you know,
you realize you're kind of on yourown. You're fighting for yourself. So
that doesn't give you motivation to go. Do you know this year I'm going
to learn how to trade? ThenI can't help you. So let's start
sensibly. Let's give ourselves time whileit's not absolutely critical. You see,
(02:15):
when I get people come to meand they go, Andrew, I want
to give up my job, youknow, in two months time, and
I want to become a full timetrader. Or I've got you know,
like five hundred dollars and I wantto make, you know, like ten
thousand dollars a month type of thing. You know, I get these crazy
questions all the time. You knowthose people aren't real. Now, the
important thing is is with anything thatyou're learning to do, is to seek
(02:38):
help from people that are successful inthat field, and also to start slow,
don't rush. Do the groundwork properly. If you've ever done any form
of painting inside your house, let'ssay, the preparation is the boring but
important work putting the paint on atthe end, the last code of paint
(02:59):
which makes it all look nice andshiny. Yeah, that's the easy bit.
But unless you do the preparation first, the rest of it's going to
fail. So trading is exactly thesame. So while we're not under this
massive pressure of needing to have tomake money today, you know, for
most people around the world, theworld's still surviving. Just while we're at
(03:22):
that stage, use this kind oflower pressure time and say to yourself,
I'm going to dedicate this year tolearning how to do this properly. You're
going to start with understanding a strategy, getting some help, joining a community,
and that's where we can help.But when you do that it's still
important that you start slowly. Youshould start on a demo account. Now.
(03:44):
I know it's boring, and Iknow that you're not going to make
money for real on a demo,but it's crucial that you become successful first
and spend two or three months ironingout those areas that you're going to make
and then becoming profitable on that demo, and then start on a small live
account. It doesn't need to bebig, it just becomes real money of
your own. The emotions start tocome into play. It hurts when you
(04:06):
lose money. It's great when youmake money, but you need to get
into that emotional state that trading isand try and control those emotions, and
then it's up to you where yougo from there. You can either go,
yep, look I'm in a positionwhere I can invest some more funds
into my personal account. Or yougo down the prop firm route and you
go down you know that direction,and we can help you with that because
(04:27):
we've got so many clients doing thatvery very successfully. But it all comes
back to the basics and learning rightnow how to do this properly, making
sure that you control your risk,control your emotions, you know when to
trade, you know what you're lookingfor. You're not getting burned out.
You know you can still do thiswith your current job, with your family
situation. We travel whatever it is, and that's why we're coming up to
(04:49):
fifteen years this year as the forestTraining coach. That's why we're still enthusiastic
about it. It's why we stilllove doing it because we're not glued to
our charts all day long. Youknow, we're enjoying what we're doing.
We're making money, we have verylow drawdowns, we have high reward to
risk trades. It works on yourown personal account, it works on prop
firm accounts, and you can makesubstantial returns once you know what you're doing.
(05:14):
But give it time first. Ican't stress that enough. If you're
out there looking for a broke Ican highly recommend Blueberry Markets. They based
across in Australia. Most people aroundthe world can open a cancer them.
You cannot if you're in the US, but we have other options such as
like Olanda if you're in the USto consider as well. And the other
thing. Also, if you've notbeen on my master class, dedicate an
(05:38):
hour. It's pre recorded so youcan jump on whenever it suits you.
Dedicate, give yourself an hour andgo. I'm going to turn off all
the social media stuff. I'm goingto turn off a phone. I'm just
going to sit there for an hourand listen to what Andrew has to say
because that could be a crucial hourin your first step to becoming a successful
trader this year. And if youlike to book a call to talk to
(05:59):
either myself one of my team,I'll put a link to that as well.
You can book up a call aforty five minute call. We can
discuss your trading, where you're needinghelp, how we can help you,
teach you all about trading and whatwe do and how it works for so
many people. So I'll put alink to all of those on this video
and podcast. If you have anyquestions or topics that you'd like me to
(06:19):
discuss to help you with as weget into twenty twenty four, please do
send me an email Andrew at TheforestTradingcoach dot com or leave a comment below. Bye finat
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