June 6, 2025 • 6 mins
Why Smart Traders Let the Market Come to Them Podcast: 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 Click Here to Watch Prop Firm Masterclass #591: Why Smart Traders Let the Market Come to Them In this video: 00:32 – Why does the trade always go against you? 01:22 – Why do you enter the trade where you do? 02:32 – I use limit orders to enter a trade. 04:22 – Entering the market for a reason. 04:50 – Get onto my 17 minute masterclass. 05:18 – Blueberry Markets as a Forex Broker. Do you feel that as soon as you enter a trade, the market goes completely against you? You've entered a buy trade. What happens? The market drops. Well, if you do. I've got a great solution for you to help you with that problem. So let's find out about that a more right now. Hey there, Traders. It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 591. Why does the trade always go against you? An issue that I find so many people feel that they have is they see a trade. They place a trade. Let's say they place a buy trade on the EUR/USD and they're expecting the market obviously to move up. Well, what happens when market moves down. And they feel that as soon as they get into that buy trade the market's changed direction. It falls against them. And they take a loss on the trade. And they feel frustration because it's almost like the market knew I was ready to place a buy trade. And it waited for me to place that buy trade. And then it fell. Why does that happen? Complete and utter frustration. And people feel it all the time. And they have done for years and years. And I know when I started trading, I used to feel exactly the same. So there's a few things here to help you with. Why do you enter the trade where you do? When you place that buy trade, for example, why do you place that buy trade at the time you do? Do you place that buy trade? For a technical reason, let's say if you're a technical trader, do you place it at a just above a round number or just above a previous support level or a resistance level from a while ago now becomes a new support level, a swing low that may have been at that level already, or it's the daily pivot point. Or why do you place that trade? Do you have anything else to back the reason for entering that trade right now, other than “I'm ready, I've seen a set up, I'm placing buy”. Because if all you're doing is placing by for some random reason, then why would the market suddenly go in your direction? Because quite often you might be finding that the market will keep falling back to that support level or something which is below your entry price. Don't forget that most people place a trade because they happen to be ready, and that's not how you should trade. I use limit orders to enter a trade. For me in most of my trading, I'm mainly use what are called limit orders. So as a buy trade, for example, I'm entering below the current price and I enter the trades for a reason at that price for a reason. So I'm not expecting just to randomly go buy sell, buy sell because I happen to be ready. What you should be doing is looking. Let's say you're talking about this same buy trade. And let's say that the market's been moving up really nicely and it pulls back rather than just buying randomly, more likely near the top of the market. Wait for it to retrace and then into your buy trade. So when you think about this logically, with a buy trade, a buy limit order, I'm buying below the current price. So naturally I'm expecting the market to move in waves up and down, which it does naturally anyway. It's just by using that buy limit order. I'm not sitting there waiting for it to keep coming back and back and back and back and back and now I'm going to press buy. I'm not doing that. I'm seeing the trade set up and I'm saying I'm taking a buy t...
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Do you feel that as soon as you enter a
trade the market goes completely against you. You've entered a
by trade, what happens the market drops?
Speaker 2 (00:08):
Well, if you.
Speaker 1 (00:09):
Do, I've got a great solution for you to.
Speaker 2 (00:11):
Help you with that problem. So let's find out about
that and more.
Speaker 3 (00:15):
Right now, Hey.
Speaker 1 (00:26):
The traders, It's Andrew Mitchell here at the Forest Trading
Coach with video and podcast number five hundred and ninety one.
An issue that I find so many people feel that
they have is they see a trade, they place a trade.
Let's say they place a by trade on the euro
US dollar, and they're expecting the market obviously to move up. Well,
what happens the market moves down. And they feel that
(00:49):
as soon as they've entered that by trade, the market's
changed direction. It falls against them, and they take a
loss on the trade. And they feel frustration because it's
almost like the mart knew I was ready to place
a by trade, and it waited for me to place
that by trade, and then it fell.
Speaker 2 (01:08):
Why does that happen?
Speaker 1 (01:09):
Complete and other frustration, and people feel it all the time,
and they have done for years and years. And I
know when I started trading, I used to feel exactly
the same. So there's a few things here to help
you with when you place that by trade? For example,
why do you place that by trade at the time
you do? Do you place that by trade for a
(01:33):
technical reason? Let's say, if you're a technical trader, do
you place it at a just above a round number
or just above a previous support level or a resistance
level from a while ago now becomes a new support level,
a swing low that may have been at that level already,
or it's the daily pivot point, or why do you
place that trade? Do you have anything else to back
(01:56):
the reason for entering that trade right now other than
I'm ready, I've seen a setup I'm placing by because
if all you're doing is placing by for some random reason,
then why would the market suddenly go in your direction?
Because quite often you might be finding that the market
(02:18):
will keep falling back to that support level or something
which is below your entry price. Don't forget that most
people place a trade because they happen to be ready,
and that's not how you should trade.
Speaker 2 (02:31):
For me.
Speaker 1 (02:32):
In most of my trading, I mainly use what are
called limit orders. So as a by trade, for example,
I'm entering below the current price, and I enter the
trades for a reason at that price for a reason.
So I'm not expecting just to randomly go by sell
(02:53):
by sell because I happen to be ready.
Speaker 2 (02:58):
What you should be doing is looking.
Speaker 1 (03:01):
Let's say you're talking about the same by trade, and
let's say that the market's been moving up really nicely
and it pulls back. Rather than just buying randomly, more
likely near the top of the market, wait for it
to retrace and then enter your by trade. So when
you think about this, logically, with a by trade, a
(03:22):
by limit order, I'm buying below the current price, so
naturally I'm expecting the market to move in waves up
and down, which it does naturally anyway, it's just by
using that by limit order, I'm not sitting there waiting
for it to keep coming back and back and back
and back and back, and now I'm going to press buy.
Speaker 2 (03:42):
I'm not doing that.
Speaker 1 (03:42):
I'm seeing the trade set up, and I'm saying I'm
taking a by trade here if or when the price
pulls back to this level first, and then I'm entering
the buy order or the by limit does that for
me because I placed that with my broker and I'm
then expecting to enter that by trade and then the
(04:05):
market to move back up again. The great thing is
that with the by limit order, I'm not sitting there
waiting for that price to come back and then having
to manually enter the trade. I enter the by limit order,
place the trade. If it gets filled, it does great,
and if it doesn't, it doesn't. And by doing that,
I'm entering for a reason. I'm not just randomly saying
(04:27):
I'm taking a buy now. Ah, the market's gone against me.
Why does it always do that grumble grown which most
people tend to do. You need to be placing as
a technical trader, you need to be placing these levels,
your entry and your exit levels, and of course your
stop lost safety level for a technical reason.
Speaker 2 (04:48):
Don't just randomly do it.
Speaker 1 (04:49):
If you'd like to find out more about how we
can help you to overcome that frustration or feeling that
the market's going against you all the time, because don't forget,
I've been doing this for over twenty years, and we've
been teaching for over sixteen years, so we've seen it all.
Speaker 2 (05:05):
We know what works and what doesn't work.
Speaker 1 (05:08):
And if you'd like to find out a little bit
more about how we operate and how we can help you.
Have a look at my on demand master class, and
if you're out there looking for a top quality broker,
I can highly recommend that you take a look at
and suggest and consider Blueberry Markets. They're a great broker.
Most people around the world can trade through them. There's
(05:29):
a few countries that can't, and that's unfortunately the way
with licensing, etc. But the vast majority of you out
there can trade or have the option to consider Blueberry Markets.
I use their empty five platform. I've used it for years.
A huge amount of markets, massive amount of different timeframe charts.
And when I say markets, I mean forests and non
(05:51):
forest markets. And you won't find better service us at
the Forest Trading Coach.
Speaker 2 (05:56):
Our service is pretty good. We aim to be exceptionally good.
Speaker 1 (06:00):
Blueberry Markets would be on a par with what we
do to help our clients with timeliness and efficient and
good answers and looking after people.
Speaker 2 (06:10):
That's what we're about, That's what they're about.
Speaker 1 (06:12):
That's why not only are there good broker, but that's
why I recommend them over like all the other brokers
out there. Yes, there are a lot of very good
brokers and I work with lots of good brokers, but
Blueberry overall I think they're hard to beat. Have a
look at them up at a link here as well.
So this is Andrew Mitcham here at the Forest Trading Coach.
Speaker 2 (06:32):
I see this time next week buy for Nat
Do you feel that as soon as you enter a
trade the market goes completely against you. You've entered a
by trade, what happens the market drops?
Speaker 2 (00:08):
Well, if you.
Speaker 1 (00:09):
Do, I've got a great solution for you to.
Speaker 2 (00:11):
Help you with that problem. So let's find out about
that and more.
Speaker 3 (00:15):
Right now, Hey.
Speaker 1 (00:26):
The traders, It's Andrew Mitchell here at the Forest Trading
Coach with video and podcast number five hundred and ninety one.
An issue that I find so many people feel that
they have is they see a trade, they place a trade.
Let's say they place a by trade on the euro
US dollar, and they're expecting the market obviously to move up. Well,
what happens the market moves down. And they feel that
(00:49):
as soon as they've entered that by trade, the market's
changed direction. It falls against them, and they take a
loss on the trade. And they feel frustration because it's
almost like the mart knew I was ready to place
a by trade, and it waited for me to place
that by trade, and then it fell.
Speaker 2 (01:08):
Why does that happen?
Speaker 1 (01:09):
Complete and other frustration, and people feel it all the time,
and they have done for years and years. And I
know when I started trading, I used to feel exactly
the same. So there's a few things here to help
you with when you place that by trade? For example,
why do you place that by trade at the time
you do? Do you place that by trade for a
(01:33):
technical reason? Let's say, if you're a technical trader, do
you place it at a just above a round number
or just above a previous support level or a resistance
level from a while ago now becomes a new support level,
a swing low that may have been at that level already,
or it's the daily pivot point, or why do you
place that trade? Do you have anything else to back
(01:56):
the reason for entering that trade right now other than
I'm ready, I've seen a setup I'm placing by because
if all you're doing is placing by for some random reason,
then why would the market suddenly go in your direction?
Because quite often you might be finding that the market
(02:18):
will keep falling back to that support level or something
which is below your entry price. Don't forget that most
people place a trade because they happen to be ready,
and that's not how you should trade.
Speaker 2 (02:31):
For me.
Speaker 1 (02:32):
In most of my trading, I mainly use what are
called limit orders. So as a by trade, for example,
I'm entering below the current price, and I enter the
trades for a reason at that price for a reason.
So I'm not expecting just to randomly go by sell
(02:53):
by sell because I happen to be ready.
Speaker 2 (02:58):
What you should be doing is looking.
Speaker 1 (03:01):
Let's say you're talking about the same by trade, and
let's say that the market's been moving up really nicely
and it pulls back. Rather than just buying randomly, more
likely near the top of the market, wait for it
to retrace and then enter your by trade. So when
you think about this, logically, with a by trade, a
(03:22):
by limit order, I'm buying below the current price, so
naturally I'm expecting the market to move in waves up
and down, which it does naturally anyway, it's just by
using that by limit order, I'm not sitting there waiting
for it to keep coming back and back and back
and back and back, and now I'm going to press buy.
Speaker 2 (03:42):
I'm not doing that.
Speaker 1 (03:42):
I'm seeing the trade set up, and I'm saying I'm
taking a by trade here if or when the price
pulls back to this level first, and then I'm entering
the buy order or the by limit does that for
me because I placed that with my broker and I'm
then expecting to enter that by trade and then the
(04:05):
market to move back up again. The great thing is
that with the by limit order, I'm not sitting there
waiting for that price to come back and then having
to manually enter the trade. I enter the by limit order,
place the trade. If it gets filled, it does great,
and if it doesn't, it doesn't. And by doing that,
I'm entering for a reason. I'm not just randomly saying
(04:27):
I'm taking a buy now. Ah, the market's gone against me.
Why does it always do that grumble grown which most
people tend to do. You need to be placing as
a technical trader, you need to be placing these levels,
your entry and your exit levels, and of course your
stop lost safety level for a technical reason.
Speaker 2 (04:48):
Don't just randomly do it.
Speaker 1 (04:49):
If you'd like to find out more about how we
can help you to overcome that frustration or feeling that
the market's going against you all the time, because don't forget,
I've been doing this for over twenty years, and we've
been teaching for over sixteen years, so we've seen it all.
Speaker 2 (05:05):
We know what works and what doesn't work.
Speaker 1 (05:08):
And if you'd like to find out a little bit
more about how we operate and how we can help you.
Have a look at my on demand master class, and
if you're out there looking for a top quality broker,
I can highly recommend that you take a look at
and suggest and consider Blueberry Markets. They're a great broker.
Most people around the world can trade through them. There's
(05:29):
a few countries that can't, and that's unfortunately the way
with licensing, etc. But the vast majority of you out
there can trade or have the option to consider Blueberry Markets.
I use their empty five platform. I've used it for years.
A huge amount of markets, massive amount of different timeframe charts.
And when I say markets, I mean forests and non
(05:51):
forest markets. And you won't find better service us at
the Forest Trading Coach.
Speaker 2 (05:56):
Our service is pretty good. We aim to be exceptionally good.
Speaker 1 (06:00):
Blueberry Markets would be on a par with what we
do to help our clients with timeliness and efficient and
good answers and looking after people.
Speaker 2 (06:10):
That's what we're about, That's what they're about.
Speaker 1 (06:12):
That's why not only are there good broker, but that's
why I recommend them over like all the other brokers
out there. Yes, there are a lot of very good
brokers and I work with lots of good brokers, but
Blueberry overall I think they're hard to beat. Have a
look at them up at a link here as well.
So this is Andrew Mitcham here at the Forest Trading Coach.
Speaker 2 (06:32):
I see this time next week buy for Nat
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