Episode Transcript
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Speaker 1 (00:00):
How's twenty twenty five being for you as a trader?
Hopefully you've had a good year. The market condition has
been excellent. And also I'd like to challenge you to
review your year to see what's worked, what has not worked,
and what are you going to do to make sure
that over the next few weeks twenty twenty six becomes
a great trading year for you. Let's talk about that
(00:22):
a morphm light. Now. Hey, the trader is Andrew Mitcham
here at the Forest Trading Coach with video podcast number
six hundred and eighteen, the last one for twenty twenty five.
I'm outside here with the beautiful New Zealand Puda Cowa trees,
(00:44):
which are called the New Zealand Christmas Tree if you're
watching on video. They come out this time of year
in December. Beautiful red flower. But yeah, I want to
make this video just to talk about the Christmas break
about new year, but also to review you your twenty
twenty five Have you found it. I've found that the
market conditions this year have been really good. After maybe
(01:07):
a couple of years of sort of more quite a
forest market conditions, this year the conditions are back again.
Great movement in the market. And we've had a great year,
like just awesome year, great results across multiple time frame
charts and multiple markets. To give you an example, just
our daily chart trades alone on half of one percent
seven forget, are up at plus thirty percent three zero
(01:30):
for the year and still with two weeks of trading
still to go. And it just shows the consistency every
single year since twenty ten, our daily trades have been profitable.
But another thirty percent and that's complete cent and forget,
So obviously with a bit of trade management, you could
do better than that. Now that's one time frame I'm
(01:53):
talking about here. On top of that, we also post
trades on the monthly charts, weekly charts, and we talk
about other time frame charts such as twelve hour, eight, six, four, three, two,
one and everything in between. And so it just shows
the consistency of not only being able to follow along
and earn from your trading while following what we're doing.
(02:14):
But of course our job is to help you as
or for clients to learn so you know exactly what
to do, you know what to look for, how and
where and why to enter an exit of trade to
ensure that your risk is low and your reward to
risk is really high. So really important that you that
you know that in your strategy now. I would challenge you,
(02:36):
if you're not a client, to have a look at
your strategy and what's worked and what's not worked this year.
But also, you know, take this time now when the
market it's going to be quiet over Christmas, a new year,
and just have a good think about what it is
that you need to do differently into twenty twenty six.
If this year was not a good year for you,
as mentioned, conditions have been really good this year, and therefore,
(03:00):
if your strategy is good, you should have had a
very good year. We found that the forest market has
been good, the non forest markets have been good. Just
this week, we took a cell trade on US oil
that was profitable just earlier this morning, my time hit
the profit target. We've had multiple crypto trades, other commodities
(03:22):
and indices as well. And so even if one market's
a little bit quiet, or one time frame's a little
bit quiet, because the strategy works across all markets and
all time frame charts, then we've found really good results
and conditions on the likes of US oil. If let's
say the Forest market was quite on that same day.
And that's the beauty of being able to scan different
(03:43):
time frame charts and different markets. So is that something
that you need help with or is it something that
you're absolutely find with. Just review your traits, and it
is really important from a personal point of view. I
had a month in the US with my wife for
her fiftieth birthday in July and August, and the beauty
is you can trade and travel and trading just carried
on exactly the same. And you know that's the beauty,
(04:06):
isn't it. You know, it's it's not just the financial freedom,
it's the time freedom as well. Don't forget we're all
getting older, you know, we've all got less time left
on this earth. Use it wisely. What's the point in
sitting gluchy charts all day and night just staring at charts.
It's like I could think of nothing worse. So having
(04:27):
that time freedom to be able to go and do
things that you want to do is just crucial in
my opinion anyway. I just think it's just just as
important as the financial game. It's the time freedom that
trading offers you. So have a good review of everything
from your side, and if you need any help with anything,
(04:49):
just sing out, look we are It's obviously summertime here
in New Zealand this time of year onwards December into January.
Is January are pretty quiet, cruisy time of year, lots
of barbecues and things like that, so we are around.
We're here to help and make this work for you.
And if you have not been on my master class,
I encourage you over the next few weeks to spend
(05:10):
an hour and just have a look through the website
and half an hour on the master class and go
and look at the previous videos that I've made like this.
There are six hundred and eighteen of them. You're going
to learn a lot of those. Listen to some podcasts
if you've got some free time these of these recordings
as well, and just make use of the next month
conditions over Christmas and New Year. Obviously the markets stay
(05:33):
open for majority of that time, but conditions will either
be really really quiet on a lot of those markets,
or due to thin volume, they could be quite you know,
quite wild and erratic, so you never really know, but
either way, we're stopping trading on the nineteenth, I think
it is on the Friday and we're not starting until
(05:55):
Monday the eleventh. I think that this is January just
having a good break, well learn break that we've showed
up every single day for our daily trades. We're on
the forum site the whole time, we do our live
webinars for our clients every single week. We put huge
effort into making it work for us and our clients,
and consistency and showing up is key. So next May
(06:18):
and twenty six we turned seventeen years old Hit Frustrating Coaches,
something that myself and the team were immensely proud of
of what we've achieved personally with our strategy and our
own trading and the community that we've built up over
those years, and the amazing clients that we have on board,
(06:39):
and the help that we've given people from right around
the world. Like you go out there and have a
look online, who's out there that's been around for seventeen
years in this market? You know you're going to find hundreds,
if not thousands, of made up people on TikTok and
Instagram and that type of thing. The majority aren't real.
(07:02):
We're there doing this day in, day out, and the
proof is in the longevity. By the way, the strategy
in that time has never changed. You can go back
and have a look at my Daily Trades post from
twenty ten and look at the Life webinars from twenty ten.
Everything remains the same, So consistency of showing up, consistency
(07:24):
in the strategy. We're not jumping and changing all over
the place like most people do. We're not making it
up and changing it if conditions change. This is real,
real people outside doing things. Family people, you know, just
normal people. If that's what appeals to you, and you're
not interested in the flashy red ferraris and the made
(07:44):
up trades and you want real trading that you can
do and enjoy your life. At the same time, I
really encourage you to have a look and consider coming
on board with us and letting us help you for
next year. So that's it for this year. It's been
an awesome year, a great year. I'd like to thank
you everybody for watching and listening, and of course all
(08:04):
the team here at the Forest Training Coach and especially
all the clients as well. It's great to have you
on board. Love the community and the interaction that we
have helping each other, and just like to take this
opportunity to wish you all a fantastic Christmas, have a
safe and enjoyable time whatever you're doing, and have a
(08:24):
great New Year and look forward to seeing you in
twenty twenty six. Well do it all again. This is
Andrew Mitcham here at the Forest Training Coach. Happy Christmas,
see you next year. By Fornette