My 5 Trading Tips to Improve Your Results

Podcast:

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#457: My 5 Trading Tips to Improve Your Results

In this video:
00:35 – #1 Understanding Risk Management
02:26 – Download my Lot Size Calculator
03:02 – #2 High Reward:Risk Trades 
03:59 – #3 Focus on a few Candle Patterns and Time Frame Charts
05:25 – #4 Forget Social Media and time wasting
05:57 – #5 Seek high quality trading education
07:22 – Bonus #6 – Blueberry Markets

I’m going to give you five tips that will massively help change your trading results around. Listen up for those five tips right now.

Hey, trader. This is Andrew Mitchem here at the Forex Trading Coach with video and podcast number 457.

In this video and podcast, I’m going to give you five things that you can do right now today that will massively help change your trading around. Let’s get into those.

#1 Understanding Risk Management

Number one, you need to understand risk management. Everybody wants to see all the flash side of trading, all the results, et cetera. But in order to trade properly, you have to understand risk management and have to know how to control your risk. Because ultimately, one of the keys to staying in business and trading properly and trading long term is understanding controlled risk.

And it’s all well and good when you see people that say, “Hey, look, I made $100,000 in a month and I doubled my account in two weeks.” None of that really counts. It’s all just one-offs, if at all it’s true. But the important thing for you, because there’s two things I always say to people who are new that control your trading. One’s up here, one’s your head, the other’s your heart. You’ve got to get those two under controls, to your emotions, psychological, all those type of issues under control. And to do