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Back to Episodes#433: It Never Rains but It Pours
Description
It Never Rains but It Pours
Podcast:
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#433: It Never Rains but It Pours
In this video:
00:23 – Common phrases and trading Forex
00:55 – Trading becomes boring, and you make mistakes
01:27 – 2 perfect examples from this week’s trading
02:37 – This week’s Daily trades
03:24 – Just be patient and wait for the setups
04:07 – Trade when the conditions are good
04:52 – Take a look at Blueberry Markets
05:36 – Get onto one of my free webinars to learn more
You’ve heard the saying, “It never rains, but it pours.” The same happens in trading. Let me explain what I mean right now.
Hey traders, Andrew Mitchem here at The Forex Trading Coach with video and podcast number 433.
Common phrases and trading Forex
I want to talk about a couple of analogies you may have heard of. You’ve heard the phrase, “It never rains, but it pours.” You’ve heard the phrase, “May hay while the sun shines.” They are exactly applicable when it comes to trading. What I mean by that is you have to wait for the right trading conditions. Now as traders sometimes that can be our downfall, and it’s a big mistake that so many people make and fall into that trap.
Trading becomes boring, and you make mistakes
You see when you’re not trading it’s pretty much boring. You’re not doing anything, and the issue then becomes is you start breaking your rules. You start forcing things to happen that you should real