October 19, 2025 • 7 mins
Stop Losing — Learn Forex the Right Way 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 Attend my Free Masterclass Click Here to Watch my Q&A Webinar Replay #610: Stop Losing — Learn Forex the Right Way In this video: 00:33 – “Ask me anything” trading Q&A webinar. 01:19 – Trades were shared, live and closed trades. 01:50 – A lack of trading knowledge. 02:50 – Most people lack a trading plan and strategy. 04:09 – A lack of money management. 05:20 – Invest in your trading education first. 05:49 – Masterclass webinar. 05:54 – Book a call with us. 06:29 – Blueberry Markets as a Forex Broker. 07:00 – Like, Share and Subscribe If you want to be a successful trader, one of the really important things that you must do is take your time to learn the craft properly. If you do that, the rewards will be huge. So let's talk about that important topic and more right now. Hey there Traders! It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 610. “Ask me anything” trading Q&A webinar. Really important lesson today, and it all comes from a free-to-the-public live one-hour webinar that I held earlier this week. I called it “Ask Me Anything,” and people could come onto that webinar live, in real time, and ask me any trading question at all. And of course, I had some emailed to me from people that couldn't attend live. It was a great session — lots and lots of valuable information — and I'm going to put a link to that webinar here on this page somewhere. I really encourage you, if you were not on the session live or if you've not yet seen the recording, to go and watch that session, because I help people with all the questions that they have. And with my 20 plus years of knowledge as a full-time forex trader, there's a lot of valuable content there. Trades were shared, live and closed trades. I shared all my open trades live at the time of the webinar, and I explained why I had those trades open and which trades I had. From last week I shared all my trades — positive and negative trades. You could see that I had a 6.5% gain last week with very low risk per trade and high reward-to-risk — everything that I talk about. You can see that from the previous trades and you can see that on the live open trade. So there’s nothing hidden; everything there for people to see. A lack of trading knowledge. Now, one of the parts that I got from the session was I realized that there are so many people out there who all want to be traders, which is fantastic. But the trouble is, I got the impression from a lot of people that there's a lack of general trading knowledge out there. Maybe that comes about from people hearing about trading and wanting to get into it but not really spending that time upfront to get that real knowledge. For me, that was quite a concern because it seemed to me that there were a lot of people on that webinar who were just not profitable, and yet they were still trading on live accounts of their own. A lot of people seem to be trading on prop firms and failing them. That is just a complete and utter waste of your time and money. Because why would you go and invest in something — either your own live funds or a prop firm, or both — when you don't really know what you're doing? Most people lack a trading plan and strategy. The takeaways I got from that are that, in general, most people seem to either not have a strategy, didn’t really have an actual trading plan, or didn’t know what they were looking for. So I had questions about what it is that you’re looking for — what makes a trade? What, in my eyes, determines what is a trade and why? They don't know what pairs to look for, they don't know what timeframes to look at, and they don't know what market to look at either. Whether you’re looking at cryptos or metals or...
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
If you want to be a successful trader, one of
the really important things that you must do is take
your time to learn the craft properly. If you do that,
the rewards will be huge. So let's talk about that
important topic and more right.
Speaker 2 (00:13):
Now, Hey, their traders, It's Andrew Mitcham here at the
French Trading Coach with video and podcast number six hundred
and ten really important lesson today and it all comes
from a free to the public, live one hour webinar
(00:37):
that I held earlier this week and I caught it
ask me anything, and so people could come on to
that webinar live in real time and ask me any trading.
Speaker 1 (00:47):
Question at all. And of course I had some email
to me that from people that couldn't attend live. It
was a great session, lots and lots of valuable information,
and I'm going to put a link to that webinar
here on this page. You'll find somewhere. So I really
encourage you, if you were not on the session live
or if you've not yet seen the recording, to go
and watch that session because I help people with all
(01:10):
the questions that they have and with my twenty plus
years of knowledge as a full time for its trader.
Speaker 3 (01:16):
There's a lot of valuable content there now.
Speaker 1 (01:18):
I shared all my open trades live at the time
of the webinar, and I explained why I had those
trades open and which trades I had, and from last week,
I shared all my trades positive and negative trades, and
you could see that I had a six point five
percent gain last week with very low risk for trade,
high reward to risk everything that I talked to So
you can see that from the previous trades, and you
(01:41):
could see that on the live open trades. So there's
nothing hidden, everything there for people to see. Now, one
of the parts that I got from the session was
I realized that there are so many people out there
who all want to be traders, which is fantastic, But
the trouble is, I got the impression from a lot
(02:03):
of people that there's a lack of general trading knowledge
out there, and maybe that comes about from people hearing
about trading and wanting to get into trading, but not
really spending that time upfront to get that real knowledge.
And for me, that was quite a concern because it
seemed to me that there were a lot of people
(02:23):
on that webinar who were just not profitable, and yet
they were still trading on live accounts of their own
and a lot of people seem to be trading on
prop firms and failing them. And that is just a
complete and nutter waste of your time and money, because
why would you go and invest in something, either your.
Speaker 3 (02:44):
Own life funds or prop firm or both when you
don't really know what you're doing.
Speaker 1 (02:49):
And so the takeaways I got from that is that
in general, most people seem to either not have a strategy,
they didn't really have an actual trading plan. They didn't
know what they were looking for. So I had questions
about what is it that you're looking for, like what
makes a trade? What in my eye sort of determines
what is a trade? And why they don't know what
(03:11):
pairs to look for. They don't know what time frames
to look at. They don't know what even markets to
look at, whether you're looking at cryptos or metals or foreks.
You know, I got the questions, what's the best pair
to trade? Well, there is no best pay to trade.
It depends on what's happening in the market right now.
What's the best time frame, Well, again it depends what's
setting up in the market right now? How do you
(03:34):
enter a trade? Where do you put your stop loss,
where do you put your profit target? And so I
feel that a lot of people don't have a set
strategy and know exactly what to do.
Speaker 3 (03:42):
They don't know when to look at their charts.
Speaker 1 (03:45):
Are they looking sort of midway just through a candle's
formation because they happen to be at their computer right
at that point. Have you been following me for any
length of time, you know that I look at a
candle pattern, and I only look at the clothes for candle.
So I know exactly when I need to go on
look at my charts. I know what time frames to
look at, and when I look at strength and weakness
of currencies, so I know which ones I'm preferring and
(04:07):
in which directions. Again, it comes down to money management
that was lacking. People didn't understand risk. They didn't understand
small controlled risk. They didn't understand how to calculate the
lot size needed for various trades. Most people didn't seem
to understand that your account denomination, if you're accounting US
dollars or Canadian or euros or New Zealand dollars, is
(04:30):
different payout per pip and also depends on what currency
pay you're trading. And so I found there was a
lack of knowledge about that. So people didn't understand reward
to risk either, and that they were just you know,
putting x number of pips as a stop last and
x number of pips as a profit target, regardless of
the pair or the current market conditions. So overall, just
(04:53):
a big, big lack of general basic knowledge for people
who you are trading real money and investing time and
money into this, and of course what's the likely outcome
for those people? It's well, they're going to lose money.
They give up, and they blame the market and it's rigged,
and it's the broker's fault.
Speaker 3 (05:13):
You know, and it's not.
Speaker 1 (05:14):
It comes down to it's your fault because you haven't
put that time, that effort into it. Why waste money
on a prop firm account when you could put that
same money into some education, you know, and then learn
to trade properly going forward. And I part, you know,
I give information about how I trade prop firms with
you know, copying one account over multiple accounts, and so
(05:35):
there's a lot of valuable information in that webinar, so
I really encourage you to go and watch it. As
I said, there's a link here, is about one hour
long and a huge amount of questions were covered in topics. Also,
if you've got another thirty minutes, I really encourage you
to jump on after you've seen that webinar to my
thirty minute master class session. If you'd like to book
(05:55):
a call to speak to myself for one of the
team about how we can help you with your trade.
After all, we've been doing this for over sixteen years.
We've got clients in one hundred and nine countries. We
kind of know what we're doing.
Speaker 3 (06:06):
We know what works and we know what doesn't work.
We know how to help.
Speaker 1 (06:09):
People because people learn different styles, don't They Some learn
by watching, listening, reading, doing, so we cover all of
that with our trades that we post for people and
the way that the structure of the course is set
up so you can learn it properly to fully understand
and know exactly what to do and when to do it.
And finally, if you're out there looking for a really
(06:30):
good broker, I can highly recommend you consider Blueberry Markets.
They have the Empty five trading platform with a huge
number of markets available on there and some very good spreads.
Great people, very very quick to get your funds back
as well when you would draw your profits from them
as well. So I'll put a link to Blueberry.
Speaker 3 (06:47):
Markets here as well.
Speaker 1 (06:48):
So don't forget to watch that one hour webinar that
was made just this week.
Speaker 3 (06:53):
It was live in front of a lot of people
on there.
Speaker 1 (06:56):
Really encourage you to go and watch that the links
here and then have a look at the minute masterclass.
Any questions you have, please feel free to email me
or comment below here or send me an email directly
Andrew at theforust Training coach dot com.
Speaker 3 (07:09):
I see this time next week. Bye for nite.
If you want to be a successful trader, one of
the really important things that you must do is take
your time to learn the craft properly. If you do that,
the rewards will be huge. So let's talk about that
important topic and more right.
Speaker 2 (00:13):
Now, Hey, their traders, It's Andrew Mitcham here at the
French Trading Coach with video and podcast number six hundred
and ten really important lesson today and it all comes
from a free to the public, live one hour webinar
(00:37):
that I held earlier this week and I caught it
ask me anything, and so people could come on to
that webinar live in real time and ask me any trading.
Speaker 1 (00:47):
Question at all. And of course I had some email
to me that from people that couldn't attend live. It
was a great session, lots and lots of valuable information,
and I'm going to put a link to that webinar
here on this page. You'll find somewhere. So I really
encourage you, if you were not on the session live
or if you've not yet seen the recording, to go
and watch that session because I help people with all
(01:10):
the questions that they have and with my twenty plus
years of knowledge as a full time for its trader.
Speaker 3 (01:16):
There's a lot of valuable content there now.
Speaker 1 (01:18):
I shared all my open trades live at the time
of the webinar, and I explained why I had those
trades open and which trades I had, and from last week,
I shared all my trades positive and negative trades, and
you could see that I had a six point five
percent gain last week with very low risk for trade,
high reward to risk everything that I talked to So
you can see that from the previous trades, and you
(01:41):
could see that on the live open trades. So there's
nothing hidden, everything there for people to see. Now, one
of the parts that I got from the session was
I realized that there are so many people out there
who all want to be traders, which is fantastic, But
the trouble is, I got the impression from a lot
(02:03):
of people that there's a lack of general trading knowledge
out there, and maybe that comes about from people hearing
about trading and wanting to get into trading, but not
really spending that time upfront to get that real knowledge.
And for me, that was quite a concern because it
seemed to me that there were a lot of people
(02:23):
on that webinar who were just not profitable, and yet
they were still trading on live accounts of their own
and a lot of people seem to be trading on
prop firms and failing them. And that is just a
complete and nutter waste of your time and money, because
why would you go and invest in something, either your.
Speaker 3 (02:44):
Own life funds or prop firm or both when you
don't really know what you're doing.
Speaker 1 (02:49):
And so the takeaways I got from that is that
in general, most people seem to either not have a strategy,
they didn't really have an actual trading plan. They didn't
know what they were looking for. So I had questions
about what is it that you're looking for, like what
makes a trade? What in my eye sort of determines
what is a trade? And why they don't know what
(03:11):
pairs to look for. They don't know what time frames
to look at. They don't know what even markets to
look at, whether you're looking at cryptos or metals or foreks.
You know, I got the questions, what's the best pair
to trade? Well, there is no best pay to trade.
It depends on what's happening in the market right now.
What's the best time frame, Well, again it depends what's
setting up in the market right now? How do you
(03:34):
enter a trade? Where do you put your stop loss,
where do you put your profit target? And so I
feel that a lot of people don't have a set
strategy and know exactly what to do.
Speaker 3 (03:42):
They don't know when to look at their charts.
Speaker 1 (03:45):
Are they looking sort of midway just through a candle's
formation because they happen to be at their computer right
at that point. Have you been following me for any
length of time, you know that I look at a
candle pattern, and I only look at the clothes for candle.
So I know exactly when I need to go on
look at my charts. I know what time frames to
look at, and when I look at strength and weakness
of currencies, so I know which ones I'm preferring and
(04:07):
in which directions. Again, it comes down to money management
that was lacking. People didn't understand risk. They didn't understand
small controlled risk. They didn't understand how to calculate the
lot size needed for various trades. Most people didn't seem
to understand that your account denomination, if you're accounting US
dollars or Canadian or euros or New Zealand dollars, is
(04:30):
different payout per pip and also depends on what currency
pay you're trading. And so I found there was a
lack of knowledge about that. So people didn't understand reward
to risk either, and that they were just you know,
putting x number of pips as a stop last and
x number of pips as a profit target, regardless of
the pair or the current market conditions. So overall, just
(04:53):
a big, big lack of general basic knowledge for people
who you are trading real money and investing time and
money into this, and of course what's the likely outcome
for those people? It's well, they're going to lose money.
They give up, and they blame the market and it's rigged,
and it's the broker's fault.
Speaker 3 (05:13):
You know, and it's not.
Speaker 1 (05:14):
It comes down to it's your fault because you haven't
put that time, that effort into it. Why waste money
on a prop firm account when you could put that
same money into some education, you know, and then learn
to trade properly going forward. And I part, you know,
I give information about how I trade prop firms with
you know, copying one account over multiple accounts, and so
(05:35):
there's a lot of valuable information in that webinar, so
I really encourage you to go and watch it. As
I said, there's a link here, is about one hour
long and a huge amount of questions were covered in topics. Also,
if you've got another thirty minutes, I really encourage you
to jump on after you've seen that webinar to my
thirty minute master class session. If you'd like to book
(05:55):
a call to speak to myself for one of the
team about how we can help you with your trade.
After all, we've been doing this for over sixteen years.
We've got clients in one hundred and nine countries. We
kind of know what we're doing.
Speaker 3 (06:06):
We know what works and we know what doesn't work.
We know how to help.
Speaker 1 (06:09):
People because people learn different styles, don't They Some learn
by watching, listening, reading, doing, so we cover all of
that with our trades that we post for people and
the way that the structure of the course is set
up so you can learn it properly to fully understand
and know exactly what to do and when to do it.
And finally, if you're out there looking for a really
(06:30):
good broker, I can highly recommend you consider Blueberry Markets.
They have the Empty five trading platform with a huge
number of markets available on there and some very good spreads.
Great people, very very quick to get your funds back
as well when you would draw your profits from them
as well. So I'll put a link to Blueberry.
Speaker 3 (06:47):
Markets here as well.
Speaker 1 (06:48):
So don't forget to watch that one hour webinar that
was made just this week.
Speaker 3 (06:53):
It was live in front of a lot of people
on there.
Speaker 1 (06:56):
Really encourage you to go and watch that the links
here and then have a look at the minute masterclass.
Any questions you have, please feel free to email me
or comment below here or send me an email directly
Andrew at theforust Training coach dot com.
Speaker 3 (07:09):
I see this time next week. Bye for nite.
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