Episode Details

Podcast:

If You Don’t Trade Forex Now, You Never Will

In this video:
00:24 – The world has gone mad
00:36 – Traditional investing is not working
01:00 – Why we trade the Forex market
01:21 – You need to be trading right now
01:57 – Email from a client from Ireland
02:24 – Trader joins after 6 years
03:35 – It’s now or never

If you don’t start trading the Forex market in these current conditions, you probably never will. Let’s talk about that and more right now.

Hey traders, Andrew Mitchem here, owner of The Forex Trading Coach with video and podcast number 358.

The world has gone mad

Okay, so it’s official. The world’s gone mad. Everything’s in utter chaos. Everybody’s shut down. No one can go anywhere. It’s all doom and gloom. Or is it?

Traditional investing is not working

So obviously, with the traditional markets, the stocks, the shares, everything’s falling, everything’s crashing. Property may well do the same. Interest rates are zero everywhere. And the traditional routes of investing are not particularly good right now. Everybody’s locked up at home, self-isolation. Everybody’s all depressed.

Why we trade the Forex market

But the good news is, and one of the reasons why we trade the Forex market, is because what happens in all these other markets doesn’t really affect the Forex market. Sure, it affects it in terms of the Forex market moves.

But the great thing is, is all we want as far as traders is some volatility, some price actions, some movement. And that is exactly what we have right now.

You need to be trading right now

So if you’re not trading the Forex market, you need to be. If you’ve got any interest in trading the Forex market and you wanted to learn how to do it, now is the time to do it. You’re probably stuck at home, can’t do too much else. The market is in absolute prime conditions right now for Fo